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CHINA FOREX RESERVES
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Global Market Today: Asian stocks hit record highs, oil heads for weekly lossAsian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflati...
How India can win in a rewired global economyIndia is poised to gain from global supply chain shifts. Strategic neutrality and domestic focus are key. The nation must build robust buff...
Why market crashed today? Sensex plunges 719 points, Nifty closes below 23,150; 7 factors behind Rs 7 lakh crore sell-offIndian equity markets experienced a significant sell-off on Monday, with the Sensex and Nifty declining around 1% each. This downturn was d...
Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...
The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
Why investors are ready to play in global equity leagueIndian investors are increasingly looking overseas as global markets outperform domestic equities, driven by themes like AI. While internat...
Global Market Today: Asian shares slip, oil prices pile pressure on bondsAsian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report ...
What does an import restriction mean for silver investments?India’s move to restrict silver imports and raise duties is expected to push up domestic prices by increasing premiums over global benchmar...
A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
PM Modi wants Indians to buy less gold but jewellers suggest three ways to save forex without any sacrificesAmidst calls to conserve forex, the All India Jewellers and Goldsmith Federation proposed a dedicated bullion bank and revamped gold moneti...
Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
ET Awards: India Inc discusses strategy as FM Sitharaman signals readiness for reforms amid rising global uncertaintyIndia's finance minister has urged industry leaders to engage in open dialogue. Discussions at the Economic Times Awards focused on navigat...
Why stock market fell today? Sensex plunges 850 pts, Nifty below 24,200. 6 reasons behind selloffIndian equity benchmarks declined for a second straight session, pressured by a spike in crude oil prices, a weakening rupee and rising geo...
20% DME-LPG blend can cut imports by 6.3 MT, save around Rs 34,200 cr yearly: ReportIndia can significantly cut LPG imports by blending 20 per cent dimethyl ether, derived from coal gasification. This move could save 6.3 mi...
Post-war climate change: As the world witnesses accelerated US decline, can India not get caught flat-footed?The West Asian war is set to accelerate America's decline and China's ascent. Europe may look up to the US no more. Nations will prioritise...
Big drop in China's forex due to normal market operation: Central bankChina's forex reserves fell for a fourth straight month to $3.56 trillion at the end of August, the People's Bank of China (PBOC), announce...
- China's forex reserves zoom to $ 2.64 trillion
China's foreign exchange reserves swelled to a whopping $ 2.64 trillion at the end of September, but trade surplus fell to five month low t...
- China forex reserves fall in February
China's forex reserves, the largest in the world, fell to 1.9121 trillion dollars at the end of February, from 1.9135 trillion a month earl...
- China's forex reserves not invested in US subprime mortgages
None of China's $1.3 trillion in foreign reserves are invested in the US subprime mortgage industry which in recent weeks has bruised globa...