local currency trade

How India Can Defeat U.S. Tariff Strikes; Iran Gives Friendship, System To Examine Trump

Newz BabaAugust 10, 2025August 10, 202504 mins

Tehran/New Delhi: Iran has moved to place itself as a key ally for India at a second of escalating commerce friction between New Delhi and Washington. The transfer comes days after U.S. President Donald Trump slapped a 50% tariff on chosen Indian items in retaliation for India’s buy of Russian oil. The measures have pushed…

BRICS summit in Rio: Bloc could push commerce in native currencies, international locations differ on widespread forex; India says discussions nonetheless at ‘early stage’

Newz BabaJune 21, 202506 mins

Forward of the July 6–7 BRICS summit in Rio de Janeiro, senior diplomats from main member nations mentioned the grouping is more likely to intensify efforts towards settling commerce in nationwide currencies, whilst they dominated out any imminent transfer towards a unified BRICS forex.At a convention co-hosted by the Embassy of Brazil and Centre for…