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RBI Lets Banks Open SRVAs Freely to Boost INR Global Trade

RBI Lets Banks Open SRVAs Freely to Boost INR Global Trade

New Delhi, August,2025— In a decisive move to reinforce India’s ambitions of internationalising its currency, the Reserve Bank of India (RBI) has eliminated the need for prior approval when banks open Special Rupee Vostro Accounts (SRVAs) for foreign correspondent banks. This shift is poised to significantly enhance rupee-denominated global trade, especially amid renewed tariff threats…

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“War 2,” the highly awaited sequel in Yash Raj Films’ (YRF) Spy Universe featuring Hrithik Roshan and Jr. NTR, is hitting turbulence online over its visuals and a resurfaced plot leak.

“War 2,” the highly awaited sequel in Yash Raj Films’ (YRF) Spy Universe featuring Hrithik Roshan and Jr. NTR, is hitting turbulence online over its visuals and a resurfaced plot leak.

Set to roar into theatres on August 14, 2025, the next chapter of the Spy Universe has attracted praise for its scale and ambition. The film boasts a jaw-dropping ₹400 crore budget, spans multiple premium formats like IMAX and Dolby Cinema, and will be released in Hindi, Tamil, and Telugu—on a massive rollout of 5,000…

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Beijing Pushes Back on Trump’s Trade Assertions

Beijing Pushes Back on Trump’s Trade Assertions

On August 11, 2025, China publicly refuted President Trump’s implication that the United States holds overwhelming sway over global trade, pointing out that the U.S. accounts for only 17% of world trade—a share too limited to dominate others Facebook. This challenge comes amid escalating trade tensions, heightened tariffs, and volatile negotiations. China’s Claim: A Modest…

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