India desires Russia to handle non-tariff obstacles in marine, pharma

India desires Russia to handle non-tariff obstacles (NTBs) in sectors akin to marine merchandise and prescribed drugs to assist increase Indian exports and cut back the prevailing commerce imbalance between the 2 nations whereas transferring in the direction of assembly the bilateral commerce goal of $100 billion by 2030, officers have mentioned. Prime Minister Narendra … Read more

Indian companies flouting Russian sanctions will face penalties: US Ambassador 

Any Indian firm that violates international sanctions towards Russia could have to pay attention to the “penalties” they face when they’re attempting to do enterprise with nations in Europe, America and their international allies world wide, US Ambassador to India Eric Garcetti has mentioned. “The US, along with dozens of allies, is standing up towards … Read more

Russia ‘makes use of up a lot of its ₹ stability in Indian banks’

Russia has managed to make use of up most of its rupee stability, estimated by the business at over $8 billion that had piled up in particular vostro accounts of Indian banks on account of funds made largely for Russian defence purchases, and the matter will not be a serious concern now, officers have mentioned. … Read more