Major Asian economy allows Russian investment ...News

Economy by : (Russia Today) -
Moscow is permitted to invest in India’s corporate debt funds India will allow sanctions-hit Moscow to invest and borrow on its domestic market, the Economic Times reported on Thursday. The move comes as countries around the world introduce new restrictions against Russia over the conflict in Ukraine. According to the report, Moscow has been approved to invest in Indian corporate debt funds. The country has also been allowed to pay for the investments through a Reserve Bank of India (RBI) account. These funds have reportedly accumulated pending payments for defense purchases made from Russia. New Delhi also licens

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