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Russian firms spend $4 billion from rupee vostro accounts to buy defence equipment

Russian firms spend $4 billion from rupee vostro accounts to buy defence equipment
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India using rupees to pay for gold imports from UAE: Govt source

The rupee settlement of trade between India and the UAE assumes significance, given that the two countries signed an MoU in July 2023 to set up a framework to use their respective local currencies to settle bilateral transactions.

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India's crude oil suppliers frown over Rupee settlement for cargoes

India's crude oil suppliers frown over Rupee settlement for cargoes
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India Streamlines GST Refunds for Export Remittances in Vostro Accounts

India Streamlines GST Refunds for Export Remittances in Vostro Accounts
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Remittances received in Vostro account to qualify as export of services, ending disputes on GST refunds

Remittances received in Vostro account to qualify as export of services, ending disputes on GST refunds
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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