Finance Minister meets AIIB chief and discusses opportunities to further deepen ties
INDIA BUSINESS | Sat, 12 Sep 2026, 8:53PM IST
Finance Minister Nirmala Sitharaman met AIIB President Zou Jiay in New Delhi. They discussed deepening the India-AIIB partnership and infrastructure priorities. Support for transport connectivity and local-currency financing was also explored. Increased private sector participation and AIIB's global presence were key topics. The meeting occurred on the sidelines of the BRICS Summit.
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Anthropic CEO Dario Amodei Says 'We Must Slow Pace Of Improving AI Models'
INDIA MARKET | Sat, 12 Sep 2026, 8:52PM IST
Anthropic CEO Dario Amodei calls for a slower, safer pace of AI development
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Fake Claim Debunked: Video Says PM Modi Gifted His Portrait To China's Xi Jinping. Here Is The Truth
INDIA MARKET | Sat, 12 Sep 2026, 8:48PM IST
Chinese President Xi Jinping gifted PM Narendra Modi a porcelain memento featuring the latter's image in 2019.
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Brics declaration eyes deeper cooperation on sustainable transport systems
INDIA NEWS | Sat, 12 Sep 2026, 8:40PM IST
Brics nations seek deeper cooperation on sustainable transport, resilient supply chains, urban mobility and infrastructure under the New Delhi Declaration
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INDIA BUSINESS | Sat, 12 Sep 2026, 8:38PM IST
BRICS leaders agreed to strengthen health cooperation and share best practices. They endorsed initiatives focusing on tuberculosis and digital healthcare systems. Leaders also supported efforts for healthy lifestyles and mental well-being programs. Pandemic preparedness and response capacities were emphasized by the group. Cooperation on traditional medicine and health workforce development was also highlighted.
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BRICS Pushes Cross-Border Payments In Local Currencies, Focuses On Intra-Bloc Trade
INDIA MARKET | Sat, 12 Sep 2026, 8:34PM IST
BRICS pushes local-currency settlements and stronger cross-border payment systems to boost trade.
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PM Modi, Xi Jinping Seek To Strengthen India-China Ties, Discuss Border, Trade And Investment
INDIA MARKET | Sat, 12 Sep 2026, 8:31PM IST
Both leaders emphasised India and China should take a strategic and long term perspective of their ties, while ensuring that differences should not become disputes.
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Brics leaders deepen audit, statistics ties; endorse SAI work plan
INDIA NEWS | Sat, 12 Sep 2026, 8:26PM IST
Brics leaders back deeper cooperation among national auditors and statistics agencies, endorse the SAI Work Plan 2027-2028 and call for modernisation of official data systems
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US finalises levies on solar cell imports from India, Indonesia, Laos
INDIA BUSINESS | Sat, 12 Sep 2026, 8:24PM IST
The US Commerce Department has finalised anti-dumping and countervailing duties on solar cells and panels from India, Indonesia and Laos, citing unfair subsidies and harm to US manufacturers. Indian producers face a 123.04% anti-dumping margin and 126.09% countervailing duty. The USITC will make a final injury determination by October 14.
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BRICS Declaration Backs India, Brazil For Greater Role In UN Security Council
INDIA MARKET | Sat, 12 Sep 2026, 8:18PM IST
BRICS declaration backs India and Brazil for a greater role at the UN Security Council.
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PM Modi, Xi stress peace along border, call for stronger trade ties
INDIA MARKET | Sat, 12 Sep 2026, 8:10PM IST
Prime Minister Narendra Modi welcomed Xi as the two leaders held a bilateral meeting on the sidelines of the Brics summit in New Delhi
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Booking.com leases 1.11 lakh sq ft in Bengaluru
INDIA BUSINESS | Sat, 12 Sep 2026, 7:57PM IST
Booking Holdings has leased over 111,525 square feet of office space in Bengaluru. This expansion increases their total office footprint in the commercial tower to 2.65 lakh square feet. The company secured this new space through a five-year lease agreement with RMZ Hotels. This transaction highlights continued demand for large office spaces from global companies. Bengaluru remains a key market for multinational corporations expanding their operations.
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2h
Bank Robbery Caught On Camera: Man Throws Chilli Powder At Staff In Nagpur, Flees With Rs 4.53 Lakh
INDIA MARKET | Sat, 12 Sep 2026, 7:52PM IST
Nagpur bank robbery caught on CCTV as man throws chilli powder at staff, flees with Rs 4.53 lakh.
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Rs 10 Lakh In Small-Cap Funds: How Much Risk Are You Taking?
INDIA MARKET | Sat, 12 Sep 2026, 7:30PM IST
Investors putting Rs 10 lakh into small-cap funds need a long investment horizon.
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2h
HDFC Bank CEO Race: Nuvama Backs Bharucha Over External Bets
INDIA MARKET | Sat, 12 Sep 2026, 7:29PM IST
Citi's Bala, HSBC's Dave, ICICI Pru's Bagchi in the running, but brokerage says insider succession beats outsider risk amid merger drag.
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We view ties with India from strategic, long-term perspective: Xi Jinping
INDIA MARKET | Sat, 12 Sep 2026, 7:27PM IST
Prime Minister Narendra Modi welcomed Xi as the two leaders held a bilateral meeting on the sidelines of the Brics summit in New Delhi
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PM Modi, Xi Jinping Hold India-China Bilateral Talks On Border, Trade And Investment
INDIA MARKET | Sat, 12 Sep 2026, 7:24PM IST
Xi Jinping and PM Modi discussed India-China ties, border stability, trade and investment.
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Brics 2026: Delhi Declaration backs startup fund, incubator network
INDIA BUSINESS | Sat, 12 Sep 2026, 7:17PM IST
Brics members back greater startup cooperation through a proposed innovation fund, incubator network and virtual platform for youth-led startups under the New Delhi Declaration
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Air India Pilot Dies Due To Cardiac Arrest
INDIA MARKET | Sat, 12 Sep 2026, 7:14PM IST
The officials said the pilot, who was earlier with Air India Express, was undergoing conversion training for operating wide-body Boeing 787 aircraft.
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BRICS 2026: Key Takeaways As New Delhi Declaration Unanimously Adopted
INDIA MARKET | Sat, 12 Sep 2026, 6:52PM IST
BRICS leaders at the New Delhi summit as the bloc adopts its declaration
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3h
Iran President Pezeshkian Says West Asia Needs No US 'Policeman' Amid War
INDIA MARKET | Sat, 12 Sep 2026, 6:30PM IST
Iranian President says regional security must be ensured by countries in the region
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Xi Says China Will Work With BRICS To Bring Peace To Middle East
INDIA MARKET | Sat, 12 Sep 2026, 6:25PM IST
Iranian President Masoud Pezeshkian was also present at the summit.
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BRICS Calls For Stronger Energy Security, Resilient Supply Chains And Infrastructure
INDIA MARKET | Sat, 12 Sep 2026, 6:22PM IST
BRICS nations call for stronger energy security and resilient supply chains
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3h
RBI Rejects Tata Sons' Bid To Avoid Listing, Retains It As Upper Layer NBFC: Sources
INDIA MARKET | Sat, 12 Sep 2026, 6:17PM IST
Following RBI's decision, Tata Sons will have to comply with the stock-market listing requirement.
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3h
BRICS Condemns Pahalgam Terror Attack; Calls For Action Against Terrorists And Their Supporters
INDIA MARKET | Sat, 12 Sep 2026, 6:14PM IST
BRICS condemns Jammu and Kashmir terror attack, calls for zero tolerance and stronger cooperation.
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New Delhi plays peacemaker at BRICS
INDIA NEWS | Sat, 12 Sep 2026, 6:12PM IST
New Delhi: New Delhi on Saturday played peacemaker as Iranian President Masoud Pezeshkian, met the Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. who represents the United Arab Emirates, on the sidelines of the BRICS Summit in New Delhi.The meeting is a diplomatic coup of sorts as the two sides have been at odds during the ongoing West Asia conflict.During his address to the BRICS Summit the Iranian President had urged the BRICS forum to take practical measures to counter unilateral and inhumane sanctions. Pezeshkian said BRICS must be a voice for justice.For more BRICS coverage click here"BRICS members have a responsibility to stand against the normalization of attacks on civilian infrastructure and peaceful nuclear facilities, because any action against these sites constitutes a direct threat to international peace and security. The issue of Palestine and upholding the Palestinian people's right to self-determination is a serious test of the credibility and legitimacy of global governance and requires BRICS to play an active role," he said.Earlier, the BRICS bloc unanimously adopted the New Delhi Declaration 2026. The declaration expressed deep concern over the continued escalation of tensions in West Asia and called for exercising maximum restraint, as well as avoiding actions that could further aggravate the situation."We urge to ensure the protection of civilians and civilian infrastructure in accordance with the purposes and principles of the Charter of the United Nations in their entirety and interconnectedness, including respect for the sovereignty and territorial integrity of the States. We encourage increasing efforts, through dialogue and diplomacy, towards a long-term understanding that will contribute to lasting peace, security and stability in the region. We stress the need to work together to maintain smooth flow of global trade, supply chains and energy, in accordance with applicable international law, " the declaration read.Also Read: The Modi-Xi-Putin picture and the rise of a multipolar world trying to remake global power"We express serious concern over deliberate attacks on civilian infrastructure and peaceful nuclear facilities under full safeguards of the International Atomic Energy Agency (IAEA), in violation of international law and relevant resolutions of the IAEA. Nuclear safeguards, safety, and security must always be upheld, including in armed conflicts, to protect people and the environment from harm," the resolution added.The BRICS bloc also called for the implementation of the relevant UNGA and UNSC Resolutions and urge all parties to ensure the maintenance of ceasefire and full and unhindered humanitarian access in the Gaza Strip.
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3h
INDIA MARKET | Sat, 12 Sep 2026, 6:07PM IST
Epic marks its theatrical debut with a steady opening at the box office.
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Cochin Shipyard Ltd and Drydocks World form joint venture to strengthen Indias ship repair industry
INDIA BUSINESS | Sat, 12 Sep 2026, 5:59PM IST
Drydocks World and Cochin Shipyard Limited have formed a joint venture. This partnership will operate and expand the International Ship Repair Facility in Cochin. The collaboration aims to enhance India's ship repair capabilities and create new opportunities. This venture combines global expertise with strong domestic experience. It will strengthen Cochin's position as a key maritime services hub.
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3h
BRICS pushes cheaper cross-border payments
INDIA NEWS | Sat, 12 Sep 2026, 5:52PM IST
New Delhi: 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 to deepen economic cooperation.The call was made in the New Delhi Declaration adopted at the 18th BRICS Summit, which encouraged the BRICS Payment Task Force (BPTF) to continue work on cross-border payment mechanisms, building on the BRICS Cross-Border Payments Initiative outlined in earlier Kazan and Rio declarations.The declaration said the task force has been studying the cross-border interoperability of payment and messaging channels and discussions on promoting trade settlements and investments using BRICS local currencies. It also stressed that national priorities would be respected and there would be no "one-size-fits-all approach"."We encourage the BPTF to continue discussions, building on the ongoing work, to facilitate practical solutions for cross-border payments among BRICS countries, which are fast, low-cost, more accessible, efficient, transparent, and safe," the leaders said.The push comes against the backdrop of calls from BRICS leaders for greater use of national currencies in trade. Iranian President Masoud Pezeshkian, speaking at the BRICS Business Forum in New Delhi, called for reducing dependence on dominant currencies and developing mechanisms to manage currency risks and reciprocal settlements."One of the most important steps is to expand the use of national currencies in trade among the members," Pezeshkian said, adding that such a move should be accompanied by instruments to manage currency risks.He also called for a larger role for the New Development Bank in financing infrastructure and energy projects through local-currency financing and guarantees to attract private capital. Pezeshkian proposed a BRICS joint reinsurance company with initial capital of USD 10 billion to cover risks linked to major infrastructure and energy projects.The New Delhi Declaration further outlined wider measures to strengthen intra-BRICS trade and investment. It supported efforts to build more resilient and predictable global value chains, digitise trade documentation and improve connectivity and trade facilitation.For smaller businesses, BRICS leaders welcomed guiding principles for credit assessment of export-oriented MSMEs and the Jaipur Consensus to study an invoice discounting mechanism that could help businesses unlock working capital and participate more actively in international trade.The declaration also welcomed continued technical work on a New Investment Platform, discussions on settlement and depositary infrastructure, and measures to strengthen BRICS insurance and reinsurance capacity.Together, these measures point to a broader effort to build financial and trade infrastructure that can support deeper economic integration among BRICS members, while allowing countries to pursue cooperation according to their own national priorities.
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