India overtakes Russia in forex reserves as RBI stockpile hits record $785.7 billion
India has moved ahead of Russia in foreign exchange reserves after the RBI recorded its biggest-ever weekly increase, taking the country’s dollar stockpile close...
Defence, investment, semiconductors top PM Modi’s talks with Ethiopia, Malaysia on sideline of Brics...
PM Modi’s Ethiopia and Malaysia meetings open new avenues for defence, investment and technology ties. Prime Minister Narendra Modi’s bilateral meetings with the leaders...
SEBI proposes new rules for derivatives expiry pricing
India’s markets regulator has proposed two options to determine settlement prices for index and stock derivatives, seeking to address sharp market swings linked to...
Brics bets on easier trade finance, stronger MSMEs to power exports
New Delhi Declaration backs innovative financing, invoice discounting and stronger global value-chain integration to help smaller businesses expand international trade. Brics countries have backed...
Brics de-dollarisation: Brics answers the dollar question without proposing a dollar replacement
Brics backs local-currency trade and cross-border payment links, but stops short of a common currency to challenge the dollar Brics has answered the dollar...
Brics backs energy transition while protecting fossil fuel security
Brics stresses energy security, uninterrupted supplies and diverse energy sources while supporting a just, orderly and inclusive transition to lower greenhouse gas emissions. Brics...
India rules out BRICS currency proposal as of now, bats for national-currency trade
India says no common BRICS currency proposal is on the table for now, while pushing greater use of national currencies to boost intra-BRICS trade...
Xi Jinping says Brics is world’s most influential platform for emerging markets
Chinese President Xi Jinping says Brics must lead on innovation, peace, and global governance and strengthen the voice of the Global South Chinese President...
RBI rejects Tata Sons’ deregistration bid, paving way for mandatory listing
Reports say the RBI has rejected Tata Sons’ request to surrender its core investment company registration, removing the exemption route and putting the Tata...
Brics eyes self-reliant insurance ecosystem, India proposes Risk Lab at GIFT City
Brics members back stronger insurance and reinsurance capacity, with India proposing a voluntary Risk Lab at Gujarat’s GIFT City to build common risk models...
