RBI gives more room to importers paying in Rupee

MUMBAI: RBI is stepping up efforts to promote internationalisation of the Indian rupee by amending foreign trade rules to allow exporters more time to realise export proceeds when transactions are invoiced and settled in rupees, signalling a clear policy preference for Indian rupee-denominated trade.Under the revised 2026 regulations, exporters invoicing in foreign currency will continue…

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‘Gautam Gambhir fired the gun from Ajit Agarkar’s shoulder’: Ex-India player on Rohit Sharma’s ODI captaincy removal | Cricket News

Gautam Gambhir and Rohit Sharma (Getty Images) Former India cricketer Manoj Tiwary has openly criticised the decision to remove Rohit Sharma as India’s ODI captain, suggesting that head coach Gautam Gambhir may have played a role in influencing the move. Tiwary, who has had a long-standing rivalry with Gambhir, feels the selectors and management disrespected…

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