First Time in India’s History India buys oil from UAE with Indian Rupees | अमेरिका चौंक जायेगा
India and the United Arab Emirates (UAE) made their first-ever historic crude oil payment in local currency. The transactions were made in Indian Rupees and UAE Dirhams for about 1 million barrels of crude oil between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL). The oil transactions were made under the newly implemented Local Currency Settlement (LCS) system
Kudos To RBI and our government for strengthening Ruppes in International markets. This will also help to reduce our dependency on Dollar
Saluting the spirit of our nation on this Independence Day, as we remember the sacrifices that paved the way for our freedom. Proud to be an Indian!
only worry is rupee is falling against dollars and export has decreased
@user-ok7zd4zm4i our imports are maintain with US but the only problem is freaking china.
Vote only for BJP as its a stable govt
@shashwatjee3653 rupee is falling , how can u say bjp is stabling economy
Always proud to be an Indian.
Proud to be modi voter
In the era of Prime Minister Modi and Foreign Minister Dr. S. Jaishankar, India living the golden period of it's foreign policy
We proud to be an Indian
This shows that India is now the world leader, no can beat him,,, proud to be an Indian
@IshanWayne No, not a leader, but economically it will help the nation internally & externally. The Rupee will not be subject to fluctuations caused by the dollar. To be a world leader, the rupee would need to replace the dollar as an international currency as a whole. All nations would have to trade their commodities in the rupee. That won’t happen unless we have the gold or commodity to back that up, which we don’t. The world will not jump into another Fiat currency from one. A new international trade currency would need to be backed by substantial commodities including metals, precious or not. That should be a tangible asset and not a Fiat. It maybe digital, supported by blockchain mechanism. The new currency would also have to undergo independent auditing to be trusted.
Not a world leader but india is towards becoming a golden bird once again.
This era belongs to India. Now the world realised the impact of India.
India in its way to becoming economic superpower
India is totally depending on foreign oil... and their production capacity is relatively small... forget superpower status !!!
India will definitely grow but along with that the mentality of every Indian should evolve into a disciplined , hard working and more understanding of what is right and wrong for the entire country. And most importantly Indians should not be just recognised as a intelligent and intellectual Individuals by the world but also the most 'humane'. Hope we would turn India a fully developed country before this century and give the chances to our successors to live in a much more powerful and self sufficient country. Happy Independence Day to all may ur families remain safe&soun
India has fallen into autocratic rule. When 80 crore people rely on free 5 kg rice, it is not time to celebrate.
This government has made history in every domain..
Hope we will get our pride again
This is what we call New India. Kudos to our Honourable PM Modiji and S Jaishankar
We are doing things which seems impossible few years ago...
Truly the golden era for India
India's Geopolitical Influence is growing day by day
Henry Kissinger was a formidable opponent for India to deal with. I hate him for what he did but also respect him for what he achieved.
This era is the era of India. Jai hind , happy Independence Day
We can hate Henry kisenger as nationalist but we should accept this quote : no permanent friend and no permanent enemy in geopolitics nation's interest is first
When we were weak we didn't become burden on the World,when we were strong we didn't trouble the World.
Every single Indian should understand the significance of this and why we need a govt with spine.
That’s the real independence gift to India from Indian Govt
This is a huge breakthrough for India considering amount of trade between two countries. This would help strengthening Rupee in International market
I am hearing this in a very special day, i.e., INDEPENDENCE DAY.
THIS MAKES ME MORE PROUD TO BE AN INDIAN
INR(indian rupee) is getting international imprimatur day by day
The US dollar's reserve status is the primary reason for US hegemony over the world. In 1990,US and Japan economy were very much similar. See the difference between them today. 4.6 trillions/26.7 trillions. Plaza accord/petrodollar/migration- these 3 made the difference.