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Where the world’s Indians live: Half of overseas Indians reside in just 10 countriesIndia's diaspora, the world's largest at 3.43 crore, is almost evenly split between PIOs and NRIs, with nearly half residing in ten countri...- Trump's 27% tariffs put pressure on India. Is New Delhi ready for the impact?President Trump imposed a 27% tariff on Indian imports, one of the highest on major US trading partners. This follows his criticism of Indi...
- Rupee goes international: Journey of Indian currency since 1947The internationalisation of the rupee gathered steam following the Reserve Bank of India's (RBI) announcement of a mechanism to settle paym...
- RBI permits banks to open vostro accounts from 22 countries for trade in rupeeThe Reserve Bank of India has allowed 20 banks operating in India to open 92 Special Rupee Vostro Accounts of partner banks from 22 countri...
- Why is internationalisation of rupee not gaining currency? Lessons from the India-Russia oil trade dealThe rupee-rouble settlement mechanism drawn up after the invasion of Ukraine shows the barriers in India’s plan to make the INR a globally ...
- BRICS summit to discuss mechanism for trade in national currencies among membersThe BRICS member states are discussing the proposal for consideration at the Summit in August, ET has learnt.
- No economic 'knockout' yet from West's sanctions on RussiaRussia is now the world's most heavily sanctioned country, according to U.S. officials. The ruble did in fact take a temporary dive and has...
- Emerging markets feel the heat of the 'bondfire'Most major investment banks were predicting a stellar 2021 for emerging market assets as long as one crucial snag - global borrowing costs ...
- A Cold Breeze is Blowing Over India-Nepal RelationshipSystematically, the communist government of Nepal is chipping away at several aspects that made the relationship special and unique; the 19...
- Indian traveller’s bag and baggage: The evolution of the quirky touristIndians have so many concerns when it comes to travelling and, yet, as the soaring numbers for outbound tourism shows, they never seem to s...
- Ritesh Jain’s what I read this week: What if your pension fund fails to deliver!Alternative assets such as private equity and real estate would yield higher profits. In a balanced portfolio, that mix would work out to a...
- 2014: A politically eventful year for IndiaThe states of Jharkahand, Maharashtra and Haryana witnessed a regime change and Jammu and Kashmir saw a hung Parliament in the recent elect...
- RBI gears up for plastic notes as 20% paper bills get soiledThe figures are not yet available for the last fiscal 2012-13, but the number of soiled currency notes has remained above 13 billion for at...
- RBI to collaborate with central banks in Fiji, Belgium and GermanyIt has signed MoU with Reserve Bank of Fiji, while the MoUs with National Bank of Belgium and Germany’s Federal Financial Supervisory Autho...
- Stocks to watch: GMR, Tech Mahindra, Alok IndustriesEquities are likely to edge higher on Thursday tracking advances in global markets after the US Federal Reserve eased investor concerns abo...
- Alcoa joins with Aluminum Corp. of China to buy 12 percent of Rio Tinto sharesAlcoa Inc. and Aluminum Corp. of China announced Friday the joint purchase of 12 percent of London-listed Rio Tinto PLC's shares in a deal ...
- LIC eyes a buyout in Australia or New ZealandFinancial sector juggernaut LIC is now on the look out for a potential buy abroad. The company is planning to use its massive cash reserve ...
- Investment rush picks up among NRIsNRIs are setting up trusts in India to manage their money and ring fence a part of their wealth.
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