Ready for Trade in Rupees
The government is preparing to promote the use of the Indian Rupee for international trade settlements. Union Finance Minister Nirmala Sitharaman announced that India is open to facilitating bilateral trade—with nations currently facing a shortage of major foreign currencies like the US Dollar—using the Indian Rupee and the respective currencies of those partner nations. This initiative will enable countries grappling with foreign exchange shortages to import goods from India without any hindrances. TCIL Wins Tender for FiberNet Services
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