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TREND | 24 Sep 2025, 05:49AM

Digital euro likely to be rolled out in mid-2029: ECB's Piero Cipollone

Economic Times

The digital euro project is gaining momentum, potentially launching in mid-2029, according to ECB's Piero Cipollone. Euro-area finance ministers have reached an agreement on customer holding limits, marking a significant step forward. Discussions among member states are progressing positively, suggesting a concrete timeline for the digital currency's introduction.

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

World Economy and Markets

TREND | 24 Sep 2025, 12:00AM

Daily Fundamental View:September 24, 2025

World Economy and Markets

Axis Direct

Asian Markets are trading mixed, tracking Wall Street declines after Powell suggested stocks are overvalued. Nikkei is down 0.49%, whereas Shanghai and Hang Seng are trading positively by 0.28% and 0.24%, respectively.

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

World Economy and Markets

TREND | 23 Sep 2025, 09:39PM

NATO warns Russia of full response after drones, jets breach airspace

Business Standard

NATO warned Russia on Tuesday that it would use all means to defend against any further breaches of its airspace after the downing earlier this month of Russian drones over Poland and Estonia's report of an intrusion of Russian fighter jets last week. The September 10 incident in Poland was the first direct encounter between NATO and Moscow since the war in Ukraine began. It jolted leaders across Europe, raising questions about how prepared the alliance is against growing Russian aggression. Estonia said three Russian fighter jets entered its airspace for 12 minutes on Friday without authorisation, a charge that Russia has rejected. Russia should be in no doubt: NATO and Allies will employ, in accordance with international law, all necessary military and non-military tools to defend ourselves and deter all threats from all directions, the alliance said in a statement. We will continue to respond in the manner, timing, and domain of our choosing, the 32-member NATO said, and underli

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

Germany plans military recruitment drive amid rising NATO pressure

Business Standard | 23 Sep 2025, 09:31PM 9 more

World Economy and Markets

TREND | 23 Sep 2025

France fully supports conclusion of EU-India trade agreement

Business Line

France's Secretary General for Foreign Affairs Anne-Marie Desctes thanked the Indian side for invitation to President Emmanuel Macron to the AI Impact Summit

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

World Economy and Markets

TREND | 23 Sep 2025

UN General Assembly 2025: World leaders meet amid Gaza, Ukraine crises

Business Standard

Assembly comes at a time of heightened international tensions, with Israel's military campaign in Gaza and Russia's war in Ukraine likely to feature prominently in speeches and diplomatic meetings

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

World Economy and Markets

TREND | 23 Sep 2025

Asian stocks rise on AI optimism as tech surges, gold at fresh peaks

Business Standard

The rush into tech has been a boon for chip sectors in many Asian markets, with South Korean stocks up 0.2 per cent, having surged almost 9 per cent this month

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

World Economy and Markets

TREND | 23 Sep 2025

Daily Fundamental View:September 23, 2025

World Economy and Markets

Axis Direct

Asian Markets are trading mixed, fueled by a tech rally on Wall Street. Nikkei and Shanghai are trading positively by 0.99% and 0.20%, whereas Hang Seng is trading negatively by 0.11%.

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

World Economy and Markets

TREND | 22 Sep 2025

India-EU FTA talks focussed on carbon tax impact on industry as mechanism pans out

Business Line

Bloc is still working on the detailing of CBAM methodology; India will react wherever interests are affected, say officials

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

World Economy and Markets

TREND | 22 Sep 2025

Smartphone exports to US decline 58% to $964.8 million: GTRI report

Business Standard

India's smartphone exports to its largest market, the US, fell 58 per cent from USD 2.29 billion in May to USD 964.8 million in August, think tank GTRI said on Monday. It said that the development is alarming and counter-intuitive as there are no tariffs on smartphones. "This demands urgent investigation to uncover the real reasons that are driving the fall," the Global Trade Research Initiative (GTRI) said. Smartphone exports, India's largest export to the US, plunged 58 per cent from USD 2.29 billion in May 2025 to USD 964.8 million in August, it said, adding the fall was steady month by month. It was USD 2 billion in June and USD 1.52 billion in July. In FY2025, the US remained India's top smartphone market with USD 10.6 billion imports (44 per cent of India's global exports of USD 24.1 billion), followed by the EU at USD 7.1 billion (29.5 per cent). It added that tariff-free products, which account for 28.5 per cent of India's August exports, posted the sharpest contraction o

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

World Economy and Markets

TREND | 22 Sep 2025

Asian stocks edge up as Trump visa crackdown weighs on market sentiment

Business Standard

US stock futures eased in early trading with the S&P futures down 0.1 per cent

Axis Direct released a Daily Note report for World Economy and Markets on 25 Sep, 2025.

Western oil sanctions fuel Russia's growing shadow fleet, illicit trade

Business Standard | 21 Sep 2025