The Indian government asks banks to identify and overcome hurdles in implementing international trade settlements in Indian rupees through special rupee vostro accounts (SRVA). A crucial meeting is scheduled to address these challenges and boost rupee trade with surplus trade countries amid global financial shifts and sanctions concerns.
Neville Noronha quits Avenue Supermarts, Unilever’s Anshul Asawa to be new CEO
Neville Noronha, CEO of Avenue Supermarts, will not renew his contract ending in January 2026 after leading the company for over two decades. Anshul Asawa