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Brics nations have been working on an efficient payment system among themselves for some time. (REUTERS)
Posted in Business

Brics finance ministers in India hit out at ‘unilateral tariff’ moves: ‘They distort trade’

Finance ministers and central bank governors of Brics nations have expressed “serious” concern at the unilateral imposition of tariffs and non-tariff measures, calling them inconsistent…

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Russian President Vladimir Putin speaks with journalists on the sidelines of the BRICS Summit in New Delhi, India. (AP)
Posted in Business

Russia ready to contribute to global energy, food security, Putin pledges at BRICS

Russian President Vladimir Putin on Friday told delegates from Brics nations that Moscow was ready to contribute to global energy and food security, help build…

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Posted in Economy

BRICS 2026: PM Modi sits down with Putin, talks $100 bn trade by 2030; Plan to deepen defence, energy, nuclear ties

New Delhi: India and Russia on Friday agreed to expand industrial collaboration across manufacturing, railways, nuclear energy and critical minerals as they work towards a…

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Posted in Economy

As assured, Russia to further boost fertiliser supplies to India: Andrey Guryev at BRICS

New Delhi: Russia has increased fertiliser supplies to India, with shipments reaching 2.8 million tonnes in the first six months of this year amid assurances…

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Posted in Economy

As China slows, global FMCG and consumer giants from L’Oreal to Nestle bet big on India

Mumbai: India is moving from an emerging-market opportunity to a global growth priority for consumer multinationals, as China slows and mature markets offer limited room…

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Posted in Economy

BRICS finance chiefs flag tariff risks, push cross-border payments

New Delhi: Finance ministers and central bank governors of BRICS countries raised concerns over unilateral trade and finance-related measures, including higher tariffs and non-tariff barriers,…

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Karnataka government to fund 100 startups with Rs 25 crore for pilot projects in government departments
Posted in Startups

Karnataka government to fund 100 startups with Rs 25 crore for pilot projects in government departments

The Karnataka government plans to spend Rs 25 crore over three years to help about 100 startups test their solutions in government departments. Selected startups…

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Posted in Economy

India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakh

New Delhi: The India-EU free trade agreement will allow European Union carmakers to export up to 1 lakh passenger vehicles a year to India initially…

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Posted in Economy

Peru awaits India response as trade talks near end, minister says

Peru is awaiting a response to a counterproposal it sent to India as negotiations for a free trade agreement enter their final stretch, with Lima…

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Posted in Economy

India-EU FTA progress: European Commission moves to get it signed

New Delhi: The European Commission on Friday formally submitted its proposal to the European Council to sign and conclude the Free Trade Agreement (FTA) with…

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