Economy & Trade

India, UAE Agreements on Currency Settlement, Payment Systems, and Key Sector Collaboration

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In July 2023, PM Modi’s UAE visit resulted in three key agreements between India and the UAE. These agreements focus on local currency trade settlement, fast payment system integration, and the establishment of an IIT-Delhi campus in Abu Dhabi.

India Starts to Use Chinese Yuan to Pay for Russian Oil

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Indian refiners now use China’s RMB Yuan, moving away from US dollars, to pay for some Russian oil imports, showcasing India’s pragmatic approach to energy needs and embracing a preferred currency basket including the Yuan, Ruble, and Dirham.

PM Modi’s Official Visit to the US: Technology Cooperation, Clean Energy Transition, and Strategic Goals

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We discuss the shifts in priorities in the India-US partnership that is now focused on technology cooperation, de-risking supply chains, and strategic goals.

Applying for a Personal Loan in India: Why Use an EMI Calculator

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A personal loan EMI calculator helps to compute the monthly installments and obtain a personal loan that is aligned with the person’s budget and finances.

An Introduction to Doing Business in India 2023 for EU Businesses – New Publication from Dezan Shira & Associates

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This guide covers key market entry considerations, tax, HR, and reporting compliances besides offering an overview of sector opportunities and growth drivers for EU SMEs and business partnerships in India.

India-US Ties 2023: Modi Trip Refocuses Attention to Trade, Tech, Defense

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We discuss recent developments in the India-US economic partnership and key agendas ahead of Prime Minister Modi’s upcoming visit to the US on June 21, 2023.

Understanding How the UK’s Withdrawal of GSP Concessions Will Impact Indian Exporters

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Indian exports to the UK are set to be impacted by changes to duty concessions under the new DCTS system as London withdraws the GSP scheme.

India-Vietnam Trade: How West Bengal Plays a Key Role

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We discuss how India-Vietnam trade can be boosted by capitalizing on West Bengal’s advantageous position, connectivity, and industries.

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