India-UAE: Talks on Rupee-Dirham-based trade gathered pace, says Piyush Goyal

Jun 12, 2023

Union Commerce Minister Piyush Goyal said that the Reserve Bank of India and Central Bank of the UAE are in active dialogue for a...

India, UAE in talks for rupee-dirham denominated bilateral trade

Nov 25, 2022

India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade.

Rupee, Dirham mechanism is a paradigm shift in making trade settlements: Indian envoy to UAE

Jul 18, 2023

“Now, just like that, the Rupee-Dirham mechanism which we have just signed, is the first one for both of us. In that sense, it's...

Pakistani rupee continues to slide, hits 11-month low

Aug 25, 2021

Islamabad [Pakistan], August 25 : Continuing its downward slide, the Pakistani rupee fell from 44.7 on Monday to 45.02 on Tuesday against the UAE...

India, UAE aspire to expand bilateral trade to USD 100 billion: Piyush Goyal

Jan 10, 2024

He said bilateral trade has increased under the India-UAE Comprehensive Economic Partnership Agreement (CEPA). He also highlighted key collaborations such as the India-Middle East-Europe...

Negotiation is on to import cheaper oil from Russia: Finance Ministry sources

May 25, 2022

New Delhi [India], May 25 : India is in discussion and exploring the possibilities to buy cheaper oil from Russia using the Rupee-Rouble mechanism,...