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…
Chinese President Xi Jinping is set to visit New Delhi for the BRICS summit on September 12 and 13, his first trip to India in four years, amid ongoing mistrust and cautious engagement between the two powers, with bilateral talks…
The Indian rupee weakened further on Thursday as rising crude oil prices and ongoing geopolitical tensions in the Middle East heightened concerns over import costs and external finances, prompting central bank interventions amidst persistent pressure. India’s rupee slipped again on…
Recent US measures against Canada underscore how quickly trade relationships can turn confrontational, offering a cautionary lesson for India as it navigates evolving international trade dynamics amid persistent US leverage. The escalating dispute between the United States and Canada is…
India’s merchandise exports have surged by more than 15% in the first five months of FY27, signalling resilience amid global economic uncertainties, with exports crossing $200 billion and new digital trade initiatives set to boost growth. India’s merchandise exports rose…
India and Russia are boosting economic cooperation through new initiatives unveiled at the first INNOPROM event in New Delhi, highlighting opportunities in manufacturing, smart cities, and bilateral trade targets of $100 billion by 2030. Union Minister of Commerce and Industry…
India launches a ₹1 lakh crore Research, Development and Innovation fund to accelerate the transformation of scientific research into commercially viable technologies, aiming to emulate the US model and bolster its deep-tech ecosystem. India’s ambition to build a self-reliant deep-tech…
