NEW DELHI (Sputnik) - India will begin using rupees in its trade settlements with Russia for some shipments starting December 19, director general of the Federation of Indian Export Organisation
India's crude imports from Russia jumped more than 10 times since March as global crude prices soared to record highs against the backdrop of the Ukrainian crisis.
Amid the Russian military operation in Ukraine, many international brands have ceased trading in Russia.
India imports 60 percent of its total requirement of edible oils, including palm oil and sunflower oil.
Mumbai, May 23 (PTI) Continuing free-fall for the sixth day in a row, India's rupee today crashed below the psychological level of 56 against US dollar to yet another all time low on heavy demand f
Mumbai, May 10 (PTI) In order to arrest the declining value of the rupee, the Reserve Bank of India (RBI) today asked exporters to sell 50 per cent of their retained foreign exchange earning.
