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RUPEE DIRHAM TRADE
Indian Inc rushes to align with UAE’s 15% minimum tax as November deadline loomsIndian multinationals are assessing their UAE tax exposure before November's deadline. A new 15% minimum tax could affect their existing co...04 Sep, 2026, 12.29 PM IST- India's exports to Iran set to fall further due to Dubai halt, US sanctionsNew U.S. sanctions and UAE trade suspension may disrupt Indian exports to Iran. Rice, tea, and pharmaceutical shipments routed through Duba...24 Aug, 2026, 06.26 PM IST
- America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert saysIndia's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...08 Aug, 2026, 05.31 PM IST
- India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...16 Jun, 2026, 03.04 PM IST
- Rupee pushed to the front in cross-border transactionsThe Reserve Bank of India proposed measures to significantly boost the rupee's use in cross-border trade, particularly with neighboring cou...02 Oct, 2025, 08.51 AM IST
- Rupee pushed to the front in cross border transactionsThe Reserve Bank of India (RBI) proposed measures to promote wider use of the rupee in cross-border trade, particularly with neighboring co...01 Oct, 2025, 11.22 PM IST
- As India frowns on paying for Russian oil with yuan, some payments held up, sources sayThe Indian government's reluctance to allow state-controlled refiners to pay for Russian oil imports with Chinese currency has caused delay...16 Oct, 2023, 02.00 PM IST
- India, UAE looking at expanding rupee-dirham trade: Piyush GoyalGoyal is here for the 11th meeting of the India-UAE High Level task Force on Investments. He added that trade in domestic currencies will h...05 Oct, 2023, 08.32 PM IST
- UAE Dirham-Rupee rate today: INR drops to near one-month vs AED amid weak risk appetiteThe Indian rupee has fallen to its lowest level against the UAE dirham since July 6. It was also weighed down against the US dollar due to ...02 Aug, 2023, 04.41 PM IST
- Some Indian refiners paying Russian oil suppliers in YuanSome Indian refiners, including a private refiner, have paid for some Russian oil imports in Chinese currency Yuan following such demands f...08 Jul, 2023, 12.35 AM IST
- India, UAE aim to double non-oil trade to $100 billionThe upwardly revised trade target was announced by commerce and industry minister Piyush Goyal and UAE’s minister of state for foreign trad...13 Jun, 2023, 12.44 AM IST
- India-UAE trade up 5.8% on-year in first 12 months of trade pactBilateral non-oil trade between India and the United Arab Emirates (UAE) reached $50.5bn in the first 12 months of the countries' Comprehen...12 Jun, 2023, 06.17 PM IST
- HPCL now paying in rouble, dirham for Russian crude oilHPCL, which has used 2 million tonnes of Russian crude of the total 17 million tonnes processed this fiscal year, is shifting to the curren...22 Feb, 2023, 01.20 AM IST
- India, UAE central banks discuss rupee, dirham tradeIndia's Ambassador to the UAE Sunjay Sudhir said that the concept paper for trade in local currencies was shared by India. The central bank...25 Nov, 2022, 05.15 PM IST
- India is still paying Russia in dollars for oil importsIndian refiners continue to pay in dollars using regular banking channels for the oil they buy from Russia, executives and officials said, ...09 Nov, 2022, 06.01 AM IST
- Indian refiners pay dollars for Russian oil after dirham attempts failRussia has been hit by sanctions from the United States and allies following its invasion of Ukraine, and Moscow has requested some buyers ...28 Sep, 2022, 10.37 PM IST
- Info Drive buys 80% in Dubai firmInfo Drive Software Ltd said on Tuesday it has agreed to buy 80 percent of Dubai-based network services firm Combiz Trading for 36.45 milli...30 Oct, 2007, 05.30 PM IST
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