ET logo
Posted in Economy

Cross-border trade in local currencies reduces transaction costs: RBI deputy governor

Mumbai, Local currencies will play an ever-increasing role in cross-border trade and payments as they lower transaction costs, reduce currency mismatches, and improve settlement efficiency,…

Continue Reading
ET logo
Posted in Economy

India enters ‘long-term arrangement’ with Mauritius to supply petrol, diesel and aviation fuel

India has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening the island nation’s energy security amid disruptions caused by…

Continue Reading
Bitcoin crosses $70,000 as Treasury buybacks and Trump’s crypto push lift BTC. (Pexel/Representative image) (Pexel)
Posted in Business

Bitcoin breaks $70,000: Why Treasury move could push BTC toward $75,000 next now

Bitcoin moved above $70,000 for the first time in more than two months, showing that more investors are buying the cryptocurrency again. Bitcoin rose more…

Continue Reading
India-EU trade pact clears legal scrub, signing likely this year
Posted in Economy

India-EU trade pact clears legal scrub, signing likely this year

New Delhi: India and the 27-nation European Union (EU) have completed the legal scrubbing of the trade pact text and it will be signed this…

Continue Reading
US Treasury bond buybacks may lower yields temporarily, but inflation, deficits and heavy borrowing could keep US bond yields under pressure. (AFP)
Posted in Business

Can Treasury control US bond yields? Why Bessent’s buyback move may only offer temporary relief

US Treasury Secretary Scott Bessent has taken a new step to bring down long-term US government bond yields. The Treasury said it will at least…

Continue Reading
ET logo
Posted in Economy

India’s infrastructure output grows 5.4% in July, down from revised 6% in June

India’s infrastructure output grew 5.4% year-on-year in July 2026, moderating from a revised 6% growth in June, according to provisional government data released on Thursday….

Continue Reading
ET logo
Posted in Economy

Delhi Master Plan 2047: Key highlights of blueprint for housing, metro & Yamuna

The Master Plan for Delhi 2047, unveiled on Thursday, sets out a wide-ranging blueprint for the capital, spanning housing, transport, redevelopment, the Yamuna and environmental…

Continue Reading
ET logo
Posted in Economy

Manohar Lal Khattar unveils Delhi’s 2047 blueprint: 40 lakh homes, 695-km metro & jobs on agenda

The Master Plan for Delhi 2047 was unveiled on Thursday, with Union Housing and Urban Affairs Minister Manohar Lal Khattar announcing plans for around 40…

Continue Reading
Commercial EV maker Euler Motors invests Rs 100 crore in new four-wheeler facility
Posted in Startups

Commercial EV maker Euler Motors invests Rs 100 crore in new four-wheeler facility

Hero MotorCorp backed-electric commercial vehicle maker Euler Motors has invested about Rs 100 crore in a new four-wheeler manufacturing facility in Palwal, Haryana, as demand…

Continue Reading
Moderna stock falls 12% after a 177% surge as investors weigh the intismeran cancer vaccine win, future demand, pricing and other cancer trials. (AP Photo/Bill Sikes, File)prnto (AP Photo/Bill Sikes)
Posted in Business

Moderna stock drops 12% after 177% surge: Here’s what Wall Street says about MRNA

Moderna shares fell about 12% in pre-market trading on Thursday, one day after the stock jumped 177%. The drop came even after Moderna and Merck…

Continue Reading