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Tag: depreciating domestic currency

Weaker rupee to push India’s import bill, says Global Trade Research Initiative

Posted on January 17, 2025 By admin
Weaker rupee to push India’s import bill, says Global Trade Research Initiative

Photo used for illustration purpose only. | Photo Credit: Reuters The weaker rupee will push the country’s import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank Global Trade Research Initiative (GTRI) said on Friday (January 17, 2025). Citing an example, it said…

Read More “Weaker rupee to push India’s import bill, says Global Trade Research Initiative” »

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