Topic
trade expansion
Currency & FX #india#uae
India and UAE Intensify Efforts to Expand Local Currency Trade Settlement Beyond Oil and Gold
India and the UAE are intensifying efforts to expand the use of local currencies (rupee and dirham) for bilateral trade settlement. More than 15% of trade has been invoiced in local currencies since July 2023, but adoption remains concentrated in oil and precious metals. Authorities plan to simplify procedures, onboard more banks, and engage business communities through roadshows and chambers of commerce to reduce reliance on the US dollar.
Jun 15, 2026 1 source
Trade Import/Export #west bengal#golden tips tea
Golden Tips Tea Expands Trade in West Bengal
Golden Tips Tea, a historic Indian tea brand, plans to expand its trade operations in West Bengal within six months. The company aims to leverage a franchise model for broader market penetration.
Jun 1, 2026 1 source