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TRADERS CROSSING BORDER
Global market: Hong Kong launches gold clearing system, revives futures trading to strengthen bullion hub ambitionsHong Kong launched a central clearing system and revived gold futures trading. These initiatives aim to strengthen the city's gold trading ...
Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
India-China border trade via Lipulekh Pass to resume after 6 yrsBorder trade between India and Tibet is set to resume through the Lipulekh pass on June 26, after a six-year halt due to the pandemic. The ...
Binance tightens rules for India users, falls in lineBinance, the world's largest crypto exchange, is now requiring Indian users to provide more details for every crypto deposit and withdrawal...
Warsh Fed era heralds a new trial for Asian currenciesNew Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challe...
Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investorsLeading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to I...
India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
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...
India slams Pakistan's 'trade and transit terrorism' and deadly Afghan airstrikes at UNSCAt the UN Security Council, India fiercely condemned Pakistan for blocking Afghan trade and launching deadly airstrikes that killed 372 civ...
Strait of Hormuz closure chokes trade and aid for AfghanistanAfghanistan's trade routes are severely disrupted. Conflicts in the Middle East and border closures with Pakistan have crippled businesses ...
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
Global Market Today: Asian stocks pare gains, oil climbs on Iran attack reportAsian stocks saw gains moderate as US strikes in Iran overshadowed optimism for a potential deal. Crude oil advanced, reversing earlier dec...
Barrow, not stealA trader smuggled wheelbarrows across borders for years. A man bought a globally manufactured toaster that exploded. The US and China negot...
Uttarakhand residents reach Nepal to shop tomatoesThe high prices of tomatoes in India, with prices ranging from Rs 120- Rs 130, have forced residents of Dharchula and Banbasa to cross into...
Include cross-border trade in NSA-level talks: J&K government to CentreThe state is keen that the Modi government includes “cross-border trade” in its agenda for the talks scheduled for August 23.
Drug smuggling via LoC trade will vitiate business ties: IndustryJammu and Kashmir industry condemned people misusing Cross Line-of-Control trade by smuggling drugs into state, while terming it an attempt...
- Myanmar traders call for better border trade with NE
A group of visiting businessmen from Myanmar have called for improvement of border trade with India's northeastern states.