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,...

There is no rupee-rouble trade platform, clarifies RB

Apr 09, 2022

New Delhi [India], April 9 : Reserve Bank of India (RBI) has clarified there is no platform to facilitate rupee-rouble trade and the central...

Trying to stabilize economic transactions between India and Russia: EAM Jaishankar on Rupee-Rouble arrangement

Apr 06, 2022

New Delhi [India], April 6 : Talking about the Rupee-Rouble transaction arrangement between India and Russia, External Affairs Minister (EAM) S Jaishankar on wedensday...

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...

Lavrov takes dig at western sanctions, says don't want to depend on system 'whose masters can steal your money'

Apr 01, 2022

New Delhi [India], April 1 : Noting that rupee-rouble trade has been going on for a long time, Russian Foreign Minister Sergey Lavrov...

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...