Rupee Trade Arrangement To Help Reduce Transactions Cost: Commerce Minister

[ad_1] Several banks have opened vostro accounts to facilitate overseas trade in the rupee. (File) Rome: International trade in the domestic currency will help reduce transaction cost for the industry, and several countries are in discussion with the RBI on this, Commerce and Industry Minister Piyush Goyal said today. Last year, the RBI and finance … Read more

Glut of cheap Ukrainian grain sparks farmers’ protests | CNN

[ad_1] CNN  —  Farmers in central and eastern Europe protested this week against the impact of cheap Ukrainian grain imports, which have undercut domestic prices and hit the sales of local producers. Protesters blocked traffic and border checkpoints with tractors along the border between Romania and Bulgaria, in an effort to prevent Ukrainian trucks from … Read more