News Snapshot:
The Modi govt on Friday unveiled India's new foreign trade policy, which will be adopted from April 1. This will take steps to support international trade using the rupee currency, the government said, as it looks to boost exports amid slowing global trade. The South Asian nation is prepared to trade in rupees with nations facing a shortage of dollars so as to "disaster-proof" them and effectively boost its exports, Commerce Secretary Sunil Barthwal told a news conference in the capital, New Delhi. The measures include industry-specific targets to reach a goal of $2 trillion in exports of merchandise and...
