BRICS nations have called for the immediate restoration of a fully functioning, two-tier World Trade Organization (WTO) dispute settlement mechanism and the appointment of new Appellate Body members, as the bloc pushed for reforms to strengthen the global ... read..
There is no proposal at present to introduce a common BRICS currency, while discussions on settling bilateral trade in local currencies will continue as a practical way to reduce transaction costs, Sudhakar Dalela, Secretary (Economic Relations) in the Mi ... read..
Mumbai (Maharashtra) | September 12, 2026 7:29:30 PM IST
The BRICS-NDB Knowledge Portal was inaugurated in Mumbai during the second meeting of BRICS Finance Ministers and Central Bank Governors, with Reserve Bank of India Governor Sanjay Malhotra calling for stronger collective capacities, greater innovation an ... read..
Mumbai (Maharashtra) | September 12, 2026 6:29:39 PM IST
HDFC Banks board has approved the submission of two candidates, in order of preference, for appointment as the banks Managing Director and Chief Executive Officer for a three-year term, with the proposal now pending approval from the Reserve Bank of Ind ... read..
Gurugram (Haryana) | September 12, 2026 6:00:05 PM IST
Cars24 recorded a strong August, with transaction GMV reaching ?937 crore, up 37% year-on-year and 11.1% month-on-month. This takes the company to an annualised GMV run rate of approximately ?11,000 crore. ... read..
BRICS leaders have called for practical solutions to make cross-border payments among member countries faster, cheaper, more accessible and safer, while backing greater interoperability between national payment and messaging systems as the grouping seeks ... read..
Gurugram (Haryana) | September 12, 2026 5:29:41 PM IST
BRICS Pay is looking to expand its cross-border payment network to more countries, with memorandums of understanding already signed with companies in China, Belarus and Turkey and plans to extend the platform to additional markets, its CEO Andrey Mikhayli ... read..
India aims to raise the share of agricultural produce undergoing food processing to 25-30 per cent from the current 16-17 per cent, as the government seeks to expand value-added production, reduce post-harvest losses and improve the sector's export potent ... read..
Central banks should give less weight to inflation expectations reported by consumers and companies and focus more on financial-market expectations when setting policy, as expectations matter only when they translate into actual economic behaviour, UBS Ch ... read..
Artificial intelligence (AI) is lowering the barriers to sophisticated cyberattacks by allowing individual hackers to automate operations ranging from reconnaissance and phishing to system exploitation and data theft, according to a report by Anthropic. ... read..
Mumbai (Maharashtra) | September 12, 2026 2:59:55 PM IST
The Reserve Bank of India is likely to raise its policy rate by 25 basis points in October and another 25 basis points in December as rising crude prices and broader inflation pressures threaten to push inflation higher, SBI Research said in its latest Ec ... read..
India's data centre construction and infrastructure value chain could grow into a USD 90 billion opportunity by FY35, up from an estimated USD 30 billion by FY30, as rapid capacity expansion creates demand across construction, power, cooling, networking a ... read..
Grain-based feedstocks have emerged as the dominant source of Indias ethanol supply, contributing nearly 70 per cent of cumulative supplies, under the Ethanol Supply Year (ESY) 2025-26 as of August 2026, according to data compiled by the All India Distil ... read..
Mumbai (Maharashtra) | September 12, 2026 1:29:54 PM IST
The Securities and Exchange Board of India (SEBI) has proposed changes to the settlement methodology for derivatives contracts, market timings and certain operational aspects of the Closing Auction Session (CAS). ... read..
The next phase of Indias FinTech sector is expected to be driven by profitability, governance and resilience rather than access and scale, as funding increasingly shifts towards proven and scalable business models, according to a PwC report. ... read..
Mumbai, (Maharashtra) | September 12, 2026 11:29:34 AM IST
The upcoming initial public offering (IPO) of the National Stock Exchange (NSE) is a landmark event for India's primary capital market, while sustained participation by retail investors and the growing role of institutional capital are strengthening the c ... read..
Chairman of the Adani Group, Gautam Adani, on Friday met South African President Cyril Ramaphosa in New Delhi on the sidelines of the 18th BRICS Summit hosted by India. ... read..
Indian agrochemical manufacturers could benefit from recovering volumes, patent expiries and global outsourcing, but weak generic pricing and intense competition are likely to keep margins under pressure, according to a report by the Capital 360 ONE. ... read..
India and the UK have significant opportunities to collaborate on critical minerals and advanced materials to build secure and self-sufficient ecosystems in both countries, said Aravind Vijayaraghavan, Professor of Nanomaterials at the University of Manch ... read..
Metal prices are strengthening, but increasing input costs could weigh on the recovery, raising concerns over whether the price gains can be sustained, according to a Centrum report. ... read..
Hyderabad (Telangana) | September 12, 2026 9:00:03 AM IST
Actor Vijay Deverakonda has co-founded and co-built Unhype, a new skincare brand created for young India with a simple philosophy No BS. Only what works. The brand aims to make skincare simpler, more transparent and more accessible by cutting through ... read..
Mumbai (Maharashtra) | September 12, 2026 9:00:01 AM IST
As artificial intelligence (AI) gains wider adoption across the financial sector, balancing AI-led innovation with accountability for decisions taken by AI agents will be critical, said Pranay Bipin Jhaveri, Managing Director, India & South Asia at Eu ... read..
Ahead of Chinese President Xi Jinping's visit to India for the BRICS summit China Southern Airlines announced on Saturday that it will resume regular passenger services on the Guangzhou-New Delhi route starting September 21, reported Global Times. ... read..
Berkley (California) | September 12, 2026 7:29:16 AM IST
Joe Benton, who in his social media profile describes himself as having previously managed Scalable Oversight team at AI tech giant Anthropic, has flagged AI safety alleging that companies were in a race to build superintelligent machines. ... read..
Alleged fugitive businessman Vijay Mallya has once again launched into an offensive against investigative agencies claiming that he has been subject to injustice despite the agencies having recovered debts owed by him to banks. ... read..
Mumbai (Maharashtra) | September 11, 2026 10:59:59 PM IST
Demat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency (CBDC), significantly reducing the time gap in securities settlement, NSDL Managing Director Vijay Chandok has said, noting ... read..
The Eurasian Economic Union (EAEU) sees opportunities to increase trade with India and strengthen links between its transport corridors and regional connectivity routes across Asia, Eurasian Economic Commission Minister Daniyar Imanaliev said on Friday. ... read..
Trade among BRICS economies could nearly double to around USD 800 billion over the next five years as member countries deepen cooperation across sectors, ASSOCHAM Secretary General Saurabh Sanyal has said, adding that sanctions on Russia and Iran are unli ... read..
Ireland sees the convergence of financial services and technology, particularly developments in artificial intelligence and digital payments, as creating new opportunities for collaboration with India, Consul General of Ireland Patrick Duffy said on Frida ... read..
At the Leaders' Session of the BRICS Business Forum on the sidelines of the 18th BRICS Summit in New Delhi, Iranian President Masoud Pezeshkian pitched for de-dollarisation of trade within the bloc. ... read..
Union Commerce and Industry Minister Piyush Goyal met Microsoft India and South Asia President Puneet Chandok and discussed expanding data centre capacity and advancing the India AI Mission, as India seeks to strengthen its infrastructure for artificial i ... read..
Guwahati (Assam) | September 11, 2026 8:29:48 PM IST
Numaligarh Refinery Limited's (NRL) bamboo-based second-generation ethanol plant has produced 2G ethanol and is currently undergoing stabilisation before moving towards commercial production and higher capacity utilisation, Oil India Limited Chairman and ... read..
Mumbai (Maharashtra) | September 11, 2026 7:29:45 PM IST
The next phase of fintech growth will depend on transforming advances in artificial intelligence, digital payments and emerging technologies into secure, scalable and inclusive financial solutions, industry leaders said at the conclusion of the Global Fin ... read..
The share of BRICS countries in global merchandise exports has nearly doubled to about 24 per cent from around 12 per cent in 2003, Commerce and Industry Minister Piyush Goyal said on Friday, calling for stronger intra-BRICS trade, resilient supply chains ... read..
US consumer prices rose 0.4 per cent in August, accelerating from a 0.1 per cent increase in July, with higher gasoline and energy prices accounting for a significant part of the monthly increase, according to data released by the US Bureau of Labor Stati ... read..
Indias trade with BRICS has grown significantly during last five years, increasing from USD 203 billion in 2020-21 to USD 417 billion in 2025-26, according to a research report released by the industry body ASSOCHAM. ... read..
India and China are among the worlds largest energy consumers and their energy needs will shape the future of global oil demand, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Friday. ... read..
Finance Minister Nirmala Sitharaman on Thursday questioned whether safeguards being developed by frontier artificial intelligence companies are keeping pace with the rapid advancement of the technology, citing the recent resignation of Anthropic researche ... read..
