Topic
euro
Finance Rupee banknotes outnumber dollar and euro in circulation, RBI deputy governor says
RBI Deputy Governor Shirish Chandra Murmu said 176 billion rupee banknotes are in circulation, three times the volume of US dollar bills and nearly six times euro notes. The scale reflects India's denomination mix and a 'cash paradox' of double-digit currency growth amid rising digital payments.
Finance Rupee Banknotes in Circulation Triple Dollar Bills, Nearly Six Times Euro Notes
RBI Deputy Governor Shirish Chandra Murmu said 176 billion rupee banknotes are in circulation, three times the number of US dollar bills and nearly six times euro notes. India produces 28–30 billion notes a year and is exploring polymer and coatings to extend note life. Currency in circulation keeps growing at double-digit rates despite digital payment adoption.
Logistics ZERO44 Makes €492-per-Tonne Case for Biofuel Profit Beyond Compliance
Berlin-based carbon management platform ZERO44 has published a whitepaper demonstrating that shipowners can turn biodiesel premiums into a profit of up to €492 per tonne by coordinating compliance across CII, EU ETS, FuelEU Maritime and voluntary carbon markets. The analysis highlights pooling and insetting as dual revenue streams, warns against double-counting reductions, and addresses charter party hurdles.