Maharashtra is developing a pioneering blockchain-based policy to tokenise up to 50% of its power transmission assets, unlocking capital and easing grid bottlenecks, while India advances its digital bond market through tokenised corporate debt pilots. Maharashtra is preparing a policy…
A new report projects India’s mining industry could add $500 billion to its economy and create 25 million jobs by 2047, as it shifts towards ‘Mining 5.0’ with advanced digital technologies and a focus on critical minerals for energy security…
India seeks to deepen trade ties within BRICS, targeting over $200 billion in exports by 2030, according to industry body ASSOCHAM, amid a doubling of trade with the bloc in five years. India could lift exports to BRICS nations to…
Vodafone Idea is set to receive a $3.5 billion loan from a consortium led by SBI, offering a much-needed financial lifeline to fund network upgrades, 5G expansion, and enhance its competitive stance against Reliance Jio and Bharti Airtel amid ongoing…
Two decades after its inception, BRICS has expanded its economic and political ambitions, positioning itself as a formidable platform for the Global South amid a fragile international order. BRICS is entering a new phase of its development, with Chinese state…
India’s space agency ISRO is undergoing a strategic shift as the government delineates clearer roles for public and private players, aiming to expand the country’s space economy while safeguarding in-house expertise for critical missions. Indian space policymakers are trying to…
Prime Minister Narendra Modi calls for pragmatic cooperation within BRICS, aiming to reduce trade barriers, foster start-up expansion, and strengthen economic ties amid mounting global disruptions to trade and supply chains. Prime Minister Narendra Modi used the BRICS Business Forum…
Shashi Tharoor has challenged criticism of BRICS’ effectiveness, emphasising its significance for India’s international standing amid political debates and internal disagreements on its benefits. Shashi Tharoor has pushed back against criticism of BRICS, saying the grouping remains an important forum…
BRICS countries are intensifying cooperation on cross-border payments and local-currency settlements, with India leading efforts to connect existing digital payment systems and explore interoperability of central bank digital currencies, marking a shift from previous discussions on a common currency. BRICS…
India is increasingly relying on private companies to acquire critical minerals abroad, focusing on strategic investments, semi-processing, and recycling to reduce import dependence and bolster supply chains for key industries. India is leaning more heavily on private companies to secure…
India’s banking system is experiencing a record Rs 11 lakh crore surplus, prompting the Reserve Bank of India to deploy a series of liquidity tools to prevent short-term borrowing costs from falling below policy rates and to maintain financial stability…
The Reserve Bank of India has reportedly intervened in the foreign exchange market to stabilise the rupee as rising oil prices and US bond yields exert downward pressure on the currency, marking a consistent pattern of support amidst global economic…
