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India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
Russian central bank holds key rate steady ahead of electionIn a recent decision, Russia's central bank opted to hold the benchmark interest rate at fourteen percent. Economic challenges have intensi...
Global Market: Barclays expects ECB to raise rates again in December as inflation risks persistBarclays expects the European Central Bank to raise interest rates by another 25 basis points in December as persistent inflation and highe...
India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
EU countries to seek import curbs on chemicals, plastics, sources sayEuropean governments plan to use trade safeguards against surging imports. France, Italy, and Germany will request broad import quotas soon...
China's exports in August rise 25% on car and chip fillipChina's exports expanded 25% year-on-year in August in US dollar terms, matching forecast and accelerating from the 23.9% growth in the pre...
State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
In 2019, Victoria's Wyndham City turned 199,000 recycled bottles into a 200-metre footpath. 1 year later, the project had reached 339 metres and delivered 1,700kg in carbon savingsVictoria’s Wyndham City turned 199,000 recycled bottles into a 200-metre footpath in 2019. The project showed how plastic waste could be gi...
New York is building a $21.2 million bridge with recycled glass, 106 tons of waste will become part of the concreteA bridge project in New York is pioneering the use of recycled glass in its concrete mix. This groundbreaking technique not only keeps wast...
Indian steel prices set to rise further on coking coal costs, demand revivalIndian steel prices are expected to increase in the coming weeks. Post-monsoon demand from infrastructure and automotive sectors will tight...
PM Modi's call to cut gold purchases & 15% tax change India's import numbersModi’s renewed call to curb gold purchases comes as the government seeks to reduce India’s gold import bill and put some of the estimated 3...
India proposes mandatory battery storage for new renewable projects from July 2027India plans to require two-hour battery storage equivalent to at least 10% of capacity for new government solar and onshore wind projects c...
Gold imports may fall 15% in September after PM Modi’s call to curb purchasesGold imports may fall by fifteen percent this September, prompting Prime Minister Modi to call on citizens to restrict their purchases of t...
RBI backstop keeps Indian rupee stable, blunting importer dollar demand impactThe Indian rupee showed little movement on Wednesday, hovering in a narrow range. Support from the Reserve Bank of India helped mitigate th...
PM Modi urges Indians to avoid buying gold to curb trade deficit and support rupeePrime Minister Modi renewed his appeal for Indians to avoid buying gold unless necessary. This call aims to curb bullion demand and ease ec...
Govt likely discussing import duty cut on gold and silver as high tariffs ‘fail’ to curb importsThe government is discussing a possible cut in gold and silver import duties after the higher rates failed to reduce imports and instead co...