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India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
Stocks, gold or debt? Rs 2.7 lakh crore fund manager who predicted bullion boom on where to invest nowManish Banthia, CIO-Fixed Income at ICICI Prudential AMC, who correctly predicted the gold rally in 2023, now sees little value in adding f...
Tokenisation could be the next big upgrade to India's market plumbingTokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's finan...
Wealthy families cut dollar exposure, survey findsGlobal wealthy families are cutting back on US dollar investments. Geopolitical tensions and increasing national debt are driving this shif...
The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
Gold to clinch $8,000 in just 5 years? Germany’s Deutsche Bank makes bold predictionGold's role in global reserves is set to grow. Deutsche Bank forecasts gold prices could reach $8,000 per ounce in five years. Central bank...
De-dollarisation, war, and debt: Why gold is regaining monetary relevanceGold is regaining prominence as global markets face geopolitical tensions, rising debt and de-dollarisation trends. Central bank buying, st...
India says de-dollarisation not on it's agenda as Brazil plans BRICS meetBrazilian President Lula da Silva will host a virtual BRICS summit to discuss responses to Donald Trump's tariffs. This follows Trump's thr...
US debt crisis fuels de-dollarisation talk; may boost emerging markets: Puneet PalThe growing U.S. debt and fiscal deficits are sparking de-dollarisation conversations, potentially benefiting emerging markets like India. ...
Markets in wait-and-watch mode as earnings season kicks off: Sunil SubramaniamMarket expert Sunil Subramaniam notes mixed signals regarding a potential trade deal between the U.S. and India, impacting market expectati...
Trade tensions, not BRICS, are the bigger threat to global stability: Geoff DennisGeoff Dennis, an Independent EM Commentator, dismisses the notion of BRICS posing a currency threat to the US, despite China's desire for a...
India seeks Rupee’s global reach, but no plan to replace US dollar: EAM S JaishankarExternal Affairs Minister Dr S Jaishankar, speaking in London, clarified that India has no policy to replace the US dollar as the global re...
Does the gold rally have more steam left?Gold rally defies norms amid US debt rise and stable Debt to GDP. Global geopolitics and de-dollarisation fuel surge. Central banks favor g...
The end of King Dollar? The forces at play in de-dollarisationThe dollar's status as the world's dominant currency is under fresh scrutiny due to rivalry with China, the fallout from Russia's war in Uk...
Cryptos can lead to dollarisation of economy: RBI officials to parliamentary panelBriefing the Parliamentary Standing Committee on Finance chaired by former minister of state for finance Jayant Sinha, top officials of the...
No one-size-fits-all model for central bank digital currencies, IMF head saysRoughly 100 countries are now looking at CBDCs, the IMF estimates, and it published a study on Wednesday looking at six nations including C...
Essar Steel raises $1 billion to dollarise balance sheetEssar Steel raised $1 billion through long term export securitisation to pre-pay existing rupee debt, as it looks to cut down on interest p...
Rising debt burden throws corporate biggies into a tizzyAs bad loans bruise the financials of corporates and in turn the banks who have lent them, investors smell an opportunity to buy the distre...
Essar Steel to raise $2 bn to retire rupee debtEssar Steel plans to raise $2 bn through pre-export finance to retire rupee-denominated debt, aimed at freeing its balance sheet from rupee...
- S E Asia should 'de-dollarise', but slowly: Analysts
Southeast Asian countries that rely heavily on the dollar might be alarmed at its recent steep decline, but analysts warn against sudden mo...