From four nations to a powerful 11-member bloc, here's how BRICS reshaped the global order in 27 years.
Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.
Indian benchmark equity indices, Sensex and Nifty, rallied in early trade, driven by positive global market trends and easing crude oil prices, despite the US Federal Reserve's hawkish stance tempering overall sentiment. Track Sensex, Nifty on September 18.
Prime Minister Narendra Modi, addressing the BRICS summit, called for a fundamental shift in global governance, advocating for the replacement of the current 'pyramid of privilege' with a 'platform of partnership' where the Global South becomes a 'rule shaper' rather than a 'rule follower'.
India's venture capital deal value grew by a modest 5 per cent in the first seven months of the year, significantly lagging the global average surge of 161 per cent, reflecting continued investor caution and valuation discipline.
Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.
The Ladakh Marathon has registered around 8,000 participants, with Chief Secretary Ashish Kundra reviewing preparations. The event is gaining international recognition, showcasing Ladakh's natural beauty and promoting high-altitude sports and tourism. Local participation is encouraged to enhance the event's vibrancy and strengthen Ladakh's identity as a premier destination for adventure sports.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
Goan Grandmaster Leon Luke Mendonca won his second straight Global Chess League title as Ganges Grandmasters defeated defending champions Alpine SG Pipers.
A new study published in AGU Advances reveals that extreme heat events are becoming more frequent and expanding beyond traditional summer months globally. This expansion is asymmetric, occurring earlier in spring in regions like western Europe and northwestern India, and later into autumn in areas such as the western US and eastern China. Researchers highlight the challenges this poses for human acclimatisation and community preparedness, as existing infrastructure like cooling centres are built around historical summer calendars.
Razorpay CEO Harshil Mathur highlights India's leadership in real-time payments, stating it can foster numerous billion-dollar fintech companies capable of expanding globally. He draws parallels with the US internet boom and discusses how India's unique regulatory and private sector collaboration, exemplified by UPI, can be replicated in other emerging markets. Mathur also touches upon the opportunities and risks associated with leveraging AI in business.
Foreign portfolio investors (FPIs) have withdrawn nearly Rs 5,109.21 crore from Indian government securities under the fully accessible route (FAR) in just three days, driven by global uncertainty, elevated crude prices, rising US Treasury yields, and a depreciating rupee.
Prime Minister Narendra Modi has called upon the fintech industry to expand the global footprint of the Unified Payments Interface (UPI), advocating for its integration with international payment systems to reduce remittance costs for the Indian diaspora. Speaking at the Global Fintech Fest, Modi highlighted UPI's current presence in 11 countries and its connection with Singapore's local system, urging further expansion into nations with significant Indian populations or trade ties. He also stressed the need for India to set its own global payment standards and for the fintech sector to innovate beyond payments, focusing on cybersecurity, ethical data protection, and regulatory frameworks.
A Microsoft Work Trend Index report reveals India has the highest share of "Frontier Professionals" globally, with 32% of its AI users employing AI agents in multi-step workflows, double the global average. Indian professionals are not just adopting AI but are actively redesigning work processes, demonstrating strong leadership alignment and a focus on human oversight and critical thinking. Major Indian IT firms like Infosys, TCS, and Wipro show rapid adoption and significant productivity gains with Microsoft 365 Copilot.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
Ganges Grandmasters have secured a spot in the Global Chess League finals despite a loss to PBG Alaskan Knights. Defending champions Alpine APL Pipers, however, suffered a defeat against Triveni Continental Knights, leaving their final berth dependent on the outcome of the last league match. Key moments included Ian Nepomniachtchi's draw against Viswanathan Anand and Magnus Carlsen's first loss in the competition to Alireza Firouzja.
Union Communications Minister Jyotiraditya Scindia announced India's ambition to lead the world in 6G mobile technology and become a designer of global technology standards. Speaking at the Global Fintech Fest 2026, Scindia highlighted India's shift from being a technology market to a technology maker, emphasizing progress in 5G rollout, affordable data, and digital infrastructure driving fintech growth, while also stressing the importance of digital security.
Prime Minister Narendra Modi has urged the fintech sector to expand the global reach of India's Unified Payments Interface (UPI), connecting it with local systems in other countries to help the diaspora save on remittance costs.
The historic one-off T20 International between India and Japan on September 22 marks a significant step in cricket's global expansion, aiming to connect with new audiences and strengthen the sport's presence in Asia, according to BCCI secretary Devajit Saikia.
Defending champions Alpine APL Pipers, led by World No. 1 Magnus Carlsen and Indian Grandmaster Vidit Gujrathi, defeated FYERS American Gambits 9-7 in a critical Global Chess League match. Carlsen ended Javokhir Sindarov's winning streak, while Gujrathi secured a marathon victory, propelling Pipers closer to a final berth.
Alpine APL Pipers secured the top position in the Global Chess League after defeating PBG Alaskan Knights. However, Ganges Grandmasters and FYERS American Gambits are close contenders. Ganges Grandmasters also had a strong win against the Pipers, while CheQ Mumba Masters kept their final hopes alive with a decisive victory over Triveni Continental Kings, featuring wins from top players like Magnus Carlsen and Levon Aronian.
This article details the quarter-century journey of BRICS, from its inception as an economic acronym by a Goldman Sachs economist to its current status as an expanded eleven-member international bloc. It highlights its growth, key historical moments, and the significance of its upcoming summit, particularly with Iran's renewed importance in discussions.
Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.
Tata Group's British luxury carmaker Jaguar Land Rover (JLR) announced plans to reduce its global workforce by approximately 4,000 roles over the next two years, aiming for 1.7 billion in savings to enhance sustainable profitable growth and invest in future technologies.
Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.
The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.
Foreign Portfolio Investors (FPIs) withdrew Rs 13,138 crore from Indian equities in the first half of September, driven by heightened global uncertainty, rising crude oil prices, firm US bond yields, and a strong dollar, impacting risk appetite.
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
BJP MP Raghav Chadha addressed the 12th IPU Global Conference of Young Parliamentarians in Samarkand, Uzbekistan, highlighting India's digital transformation journey. He emphasised how technology is widening access and promoting inclusion, citing UPI's success, affordable data, and robust data protection laws. Chadha also discussed India's digital cooperation with Uzbekistan and the importance of digital rights, safety, and skill development for all citizens.
FYERS American Gambits defeated Triveni Continental Kings to retain their top position in the Global Chess League standings, ahead of Alpine APL Pipers. Other matches saw Ganges Grandmasters secure a dominant win over Continental Kings, while Mumba Masters suffered two defeats, including a loss to PBG Alaskan Knights. The Gambits, Pipers, and Grandmasters have all won four matches, with Gambits having played one more round.
A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.
The Global Chess League's halfway stage saw significant upsets and dramatic finishes, with Triveni Continental Kings defeating table-toppers Alpine APL Pipers. Ganges Grandmasters secured a crucial win against PBG Alaskan Knights due to a last-second time violation, while CheQ Mumba Masters maintained their strong performance. These results have intensified the competition for the top two positions.
Maharashtra Deputy Chief Minister Eknath Shinde concluded a two-day visit to the UK, focusing on attracting foreign direct investment and promoting the state's economic potential. His engagements included receiving leadership awards, meeting with sports figures like Virat Kohli to discuss Olympic aspirations, and appealing to British investors to bring technology and capital to Maharashtra, leveraging the India-UK FTA.
Olympic medallist Swapnil Kusale highlights the growing respect and "fear factor" Indian shooters command internationally due to their consistent performances. He expresses confidence in the Indian contingent for the upcoming Asian Games, despite some notable absences, and discusses challenges like range maintenance.
In the Global Chess League, Ganges Grandmasters ended FYER American Gambits' winning streak with a 9-7 victory, moving to second place. Defending champions Alpine APL Pipers secured their second consecutive win, defeating Ganges Grandmasters 11-6. Key players like Polina Shuvalova, Ian Nepomniachtchi, Vidit Gujrathi, and Koneru Humpy delivered crucial performances, while Magnus Carlsen showcased his endgame prowess with a draw against Nepomniachtchi. PBG Alaskan Knights also registered a comfortable win against CheQ Mumba Masters.
The US Kids Golf India Series is back for its sixth season, featuring over 50 young golfers competing in Gurugram. This series serves as a crucial pathway for Indian junior golfers to gain Priority Status, enabling them to participate in prestigious international championships like the US Kids European and World Championships, where Indian participants have recently achieved notable success. The program's expansion across Asia further solidifies its role in developing future golfing talent.
Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after a three-day slide, driven by strong buying in blue-chip bank stocks and a firm trend in global markets, supported by easing US bond yields and record foreign-currency deposit inflows.
The Global Chess League commenced with defending champions Alpine APL Pipers securing a 10-8 victory over Mumba Masters, spearheaded by Magnus Carlsen.
