India In-Focus — Trade with Russia and Sri Lanka expected to hit $9bn; Bajaj Finance to issue 3-year bonds
RIYADH: India expects bilateral trade worth up to $9 billion with Russia and Sri Lanka in the next two months after it allowed international trade in rupees, India’s trade secretary said.
The Reserve Bank of India last month allowed importers and exporters to pay in the partially convertible rupee, a move widely seen as making…