India’s exports to the UAE rose by 17.6 per cent to about USD 18 billion during April-October this fiscal, according to the commerce ministry’s data. New Delhi, Nov.27: The central banks of India and the UAE are discussing a concept paper on promoting bilateral trade in rupee and dirham with a view to reducing transaction […]Continue Reading
MUMBAI,JULY 7: The RBI has announced a slew of temporary measures to boost forex flows into the country, which has witnessed foreign portfolio investors selling Indian shares amid a burgeoning current account deficit, in turn weakening the rupee. Doubling the external commercial borrowing (ECB) limit under the automatic route to $1.5 bn up to December […]Continue Reading