EghtesadOnline: An Indian bank has received the authorization of the Reserve Bank of India–the country’ central banking institution–to invest in Iran in rupees as part of the initiative by the…
EghtesadOnline: The Indian commerce ministry has pitched for resumption of the Asian Clearing Union (ACU) mechanism of payment with Iran in order to promote bilateral trade.
EghtesadOnline: Roiled by fears of a possible conflict with Pakistan, markets in India haven’t been terribly stable in recent days. But at least one source of anxiety has happily been alleviated.…