Tag: cross-border trade
Posted in Economy
Cross-border trade in local currencies reduces transaction costs: RBI deputy governor
Mumbai, Local currencies will play an ever-increasing role in cross-border trade and payments as they lower transaction costs, reduce currency mismatches, and improve settlement efficiency,…
Posted in Economy
Tariff cut, reorientation of production to enhance global competitiveness: Niti Aayog
New Delhi: India needs strategic measures, including reducing tariffs and reorienting production towards high-demand segments such as passenger vehicles, to enhance competitiveness and global positioning,…