Rupee banknotes in circulation triple that of dollar bills, nearly six times euro notes

Indian currency notes. Photo credit: Reuters MUMBAI: The US banknote, the most ubiquitous currency in the world used in everything from drug deals to legally accepted tender in multiple countries, falls short of the rupee when it comes to circulation numbers. RBI deputy governor Shirish Chandra Murmu said there are three times as many rupee … Read more

Northern Sea Route in focus: India eyes first cargo ship along Arctic Route to Russia – why it matters

For Indian ships, the Arctic route could reduce the sailing distance by as much as 40%. (Image for representative purpose) In an important move, India may look to send its first cargo ship via the Northern Sea Route (NSR) to Russia next year. Russia’s Arkhangelsk region has held discussions with New Delhi on ways to … Read more

Trump tariffs: India seeks WTO consultations over 50% US duties quota on quartz surface imports

India exported around $380 million worth of quartz surface products to the US in FY26. As the Donald Trump administration continues to find ways to impose tariffs, India has approached the World Trade Organization (WTO) seeking consultations with the US over Washington’s tariff-rate quota on imports of quartz surface products. The measure took effect on … Read more

Gold price prediction today: Will gold continue its rally? Check August 18, 2026 outlook

Spot gold is expected to trade with a positive bias in the short run on reduced rate hike possibility. Gold price prediction today: Gold prices are likely to trade with a positive bias in the near-term and buying on dips is the recommended strategy, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold … Read more

Top stocks to buy today: Stock market recommendations for August 18, 2026 – check list

Top stocks to buy today on August 18, 2026 Stock market recommendations: Mphasis, Supreme Industries, United Spirits, and Kfin Technologies are the top stocks to buy that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for August 18, 2026:Buy Mphasis at CMP; Stop Loss: Rs 2415 on a closing basis; Target: Rs … Read more

High-level committee on banking reforms ‘soon’: FM

FM Nirmala Sitharaman. Photo credit: ANI NEW DELHI: Govt will “soon” announce the high-level committee on banking reforms, finance minister Nirmala Sitharaman said on Monday at the conclave of 12 public sector banks (PSBs) and public financial institutions, while lauding the sector’s improved asset quality. She also emphasised that the future of banking must “reflect” … Read more

Weak soil, trapped water likely behind Lucknow-Kanpur Expressway failures: Initial probe

IIT Kharagpur assessment flags weak, highly plastic soil and drainage issues as key causes of premature failures on the Lucknow-Kanpur Expressway. NEW DELHI: Use of weak and highly plastic soil beneath the Lucknow-Kanpur Expressway appears to be one of the main reasons for premature failures (slippage) on one of its stretches, an expert assessment has … Read more