Bharat Express

export

India's Fuel Exports Create a Backdoor for Russian Oil into Europe

There is new FTP attempts to internationalize the Indian rupee and enable settlement of transactions in the domestic currency.

According to a report from GTRI, India's imports of goods are projected to increase by around 16% to $710 billion in the current fiscal year, majorly driven by a surge in inbound deliveries of crude oil, coal, diamonds, chemicals, and electronics.