Confident of achieving $31 billion chemical export target this fiscal: CHEMEXCILCHEMEXCIL Director General Raghuveer Kini expressed confidence in achieving the USD 31 billion chemical export target for 2024-25. Strong d...
10 Nov, 2024, 01.57 PM IST
Russia wholeheartedly welcomes Modi-Xi meeting in Kazan which is important for Eurasian stability: EnvoyRussia is pleased about the first meeting in five years between PM Narendra Modi and President Xi Jinping in Kazan during the BRICS Summit....
28 Oct, 2024, 05.58 PM IST
Often surprised by Modi's tough stance on national security: PutinRussian President Vladimir Putin has urged for more use of national currencies in bilateral trade and smoother financial transactions betwe...
09 Dec, 2023, 04.46 PM IST
From Russia with love: Corporate bonds may get Vostro funds to boost trade settlement in rupeeEarlier this year, Russian officials said that Moscow had accumulated billions of rupees in Indian banks that couldn't be used. Industry es...
10 Nov, 2023, 07.03 AM IST
India-Russia trade imbalance: Moscow's Rupee trap is adding to $147 billion hoard abroadRussia has emerged as a top supplier of oil to India over the past year, settling a greater share of trade in national currencies and redir...
02 Jun, 2023, 09.26 AM IST
Russia says it has billions of Indian rupees that it can’t useRussia has accumulated billions of rupees in Indian banks which it can’t use, Foreign Minister Sergei Lavrov said Friday, pointing to a bal...
07 May, 2023, 12.22 PM IST
Discussion ongoing for converting Rupee accumulated by Russia into other currencies: LavrovLavrov said, “As for the rupee, this is a problem. We have accumulated billions of rupees in accounts in Indian banks. We need to use this ...
07 May, 2023, 09.07 AM IST
Indian apex exporters body sign MoU with Business Russia to promote trade & FDIThe Memorandum of Understanding (MoU) was inked during a visit of a 50-member delegation of the agro and food processing sector to Moscow. ...
25 Apr, 2023, 09.36 PM IST
Brazil skips hosting Brics Summit in 2024 due to logistical issuesRussia's Republic of Tatarstan will be hosting the Brics heads of state summit in the capital city of Kazan, according to a decree signed b...
05 Apr, 2023, 12.13 AM IST
BRICS summit to discuss mechanism for trade in national currencies among membersThe BRICS member states are discussing the proposal for consideration at the Summit in August, ET has learnt.
03 Apr, 2023, 06.34 AM IST
India's Rupee trade plans with Russia has likely run into troubleThe gap between India & Russia's exports and imports is rising and that’s making the local currency payment mechanism futile. No payment ha...
14 Feb, 2023, 10.04 AM IST
Not targeting any level, but RBI will not allow 'jerky movements' of Rupee: Dy Guv Patra"We don't know where the Rupee will be. Even the US Fed doesn't know where the dollar will be. But be sure of one thing. We will stand for ...
24 Jun, 2022, 06.00 PM IST
US presses for Russia curbs, India holds ground on payment systemsThe strong message from the US was delivered both in Washington and New Delhi. "Now is the time to stand on the right side of history, and ...
01 Apr, 2022, 12.58 AM IST
India is considering rupee payments for trade with RussiaSpokespersons for the government and the Reserve Bank of India were not immediately able to comment, while representatives of SBI and UCO d...
21 Mar, 2022, 05.53 PM IST
Exporters want China route revived for shipments to CIS countriesExports to these nations have stopped as there is no movement of ships through the Black Sea. The proposed route -India to Qingdao by ship ...
03 Mar, 2022, 12.23 AM IST
Modi steps in to douse oil fireModi’s meeting with oil CEOs comes against the backdrop of the spike in the prices of petrol and diesel
17 Oct, 2018, 09.42 AM IST
Finance Ministry, RBI working out mechanism to ensure smooth India-Iran trade: Commerce SecretaryCommerce Secretary Anup Wadhawan said they are telling exporters that proper mechanisms will be put in place to ensure that the trade does ...
25 Sep, 2018, 07.52 PM IST