Regional trade push: RBI allows rupee credit to Bhutan, Nepal and Sri Lanka; extends forex repatriation window
The Reserve Bank of India has permitted Indian banks and their overseas branches to offer rupee-denominated loans to individuals and banks in Bhutan, Nepal, and ...
Bilateral trade in local currencies: PM Modi’s big push during Mauritius PM’s India visit
India and Mauritius are set to enhance their economic ties by enabling trade in local currencies, as announced by Prime Minister Modi. This initiative builds ...
India not pursuing dollar alternative: CEA Nageswaran clarifies on economic conditions; assures resilience amid global tensions
CEA Nageswaran clarified India’s non-participation in initiatives to create an alternative to the US dollar, emphasizing the nation’s economic resilience. Despite global trade tensions, India ...
