Tuesday, October 13
Luxury carmaker Audi India on Monday said it has partnered with double-Olympic medalist javelin thrower Neeraj Chopra. The partnership celebrates the shared values between the athlete and the brand - world-class performance, explosive speed and iconic stature, Audi India said in a statement. "At Audi, we stand for those who push boundaries - those who are not just defined by performance, but by the relentless pursuit of excellence. Neeraj Chopra is the embodiment of that spirit," Audi India Head Balbir Singh Dhillon said. His focus, speed, and unmatched performance make him a natural extension of Audi - a symbol of what it means to lead, not follow, Dhillon said. "I'm excited to join the Audi family and represent a brand that inspires forward motion in everything it does," Chopra said.
India's central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two sources said. The Reserve Bank of India (RBI) has asked the federal government to allow domestic banks and their foreign branches to lend Indian rupees to overseas borrowers to enhance the use and acceptability of the local currency in trade. The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka, the sources said. If successful, such rupee-denominated lending could be extended to cross-border transactions globally, one of the sources said. According to Ministry of Commerce
