In recent years, China and Russia have pushed for de-dollarisation within BRICS, which India has resisted. One reason is that India does not want to hurt its relationship with the United States, and another is the fear of China controlling trade because the renminbi is considered the strongest currency in the bloc today.
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
The Karnataka government is collaborating with ElevenLabs to explore pilot projects using voice AI across various sectors including skilling, investment promotion, healthcare, culture, and citizen services. This initiative aims to leverage advanced AI to enhance accessibility and efficiency of government services, with a strong focus on responsible AI use and safeguards against misinformation.
India's proposal to link BRICS payment systems, including central-bank digital currencies (CBDCs), was notably absent from the grouping's New Delhi Declaration, despite being a key agenda item for India's chairmanship. This omission leaves the 16-year effort for trade in local currencies without a settled payment architecture, with the declaration only 'acknowledging' the work of the BRICS Payment Task Force.
RSS chief Mohan Bhagwat, addressing British Hindus in London, unequivocally stated that their loyalty lies with the UK, clarifying the concept of 'karma bhoomi' within Hindutva and emphasising unity in diversity.
'When a glacier collapse or a major flood event does occur, the water will simply reclaim its original path, and anything built in that path will be swept away.'
A group of experts has voiced significant concerns regarding India's ethanol-blended fuel policy, citing potential negative impacts on land-use, agriculture patterns, food security, groundwater levels, and household incomes. They recommend a return to E10 fuel and a review of the policy's overall benefits versus costs to consumers and the environment.
Thousands of Yoga enthusiasts and practitioners assembled at the iconic Times Square here on Sunday for a day-long session of the ancient Indian practice to commemorate International Day of Yoga.
BRICS Sports Ministers adopted a Joint Declaration in Visakhapatnam, reaffirming their commitment to strengthen sports cooperation through dialogue and mutual respect. The meeting, held under India's 2026 Chairship, saw Union Minister Dr. Mansukh Mandaviya call for a BRICS Sporting Partnership and introduce three key initiatives: a Working Group on Sports Technology, a Sports Manufacturing Conclave in Udaipur, and Traditional and Indigenous Sports Demonstration Games in Ahmedabad in 2026.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
Thousands of yoga enthusiasts across the world marked the International Day of Yoga on Sunday, as Indian missions abroad organised events to highlight the ancient practice's role in fostering health and well-being.
Rohit Yadav lit up Bhubaneswar's Kalinga Stadium with a career-best throw of 87.05m in the men's javelin throw on the concluding day of the 65th National Inter-State Senior Athletics Championships.
Google has challenged a Delhi High Court single-judge bench ruling that held it liable for trademark infringement by allowing competitors to bid on and use the 'Hindware' trademark as keywords in its Google Ads programme. Google argues that keyword bidding promotes competition and is a globally accepted norm, citing previous rulings that allowed the practice. The tech giant contends that the Trade Marks Act does not distinguish between coined and generic words for such infringements.
Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.
The bandana, once a rockstar staple, is making a chic comeback among female celebrities in both Bollywood and Hollywood, with stars like Priyanka Chopra, Alia Bhatt, and Zendaya showcasing versatile ways to style the head scarf.
'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'
Javelin thrower Neeraj Chopra and badminton legend Pullela Gopichand have launched the Indian School of Coaching Excellence (ISCE), an initiative designed to strengthen India's sports coaching landscape.
'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'
India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.
Explore the unparalleled style evolution of Zendaya, the ultimate couture chameleon, as we celebrate 30 of her most iconic and unforgettable fashion moments.
India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.
'Ultimately, everything has to be shared. That's why you have that talent. To share it. Unless you share, it won't continue.'
The Allahabad high court has dismissed a petition filed by a minor student of a school in Prayagraj. The petitioner had sought permission to wear a hijab additionally along with the prescribed school dress code while attending classes.
'It beggars belief that Saudi Arabia would deploy military force against India, a top partner and market.'
Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
RSS chief Mohan Bhagwat stated that a true Hindu believes in the unity of humanity and that all religious paths lead to the same goal, asserting that 'if any Hindu thinks that there should be no Muslim in Bharat, he will not remain Hindu'.
'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'
RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.
France achieved a historic double victory at the World Championships, with Thom Gicquel and Delphine Delrue winning mixed doubles and Alex Lanier securing the men's singles title. This unprecedented success is attributed to decades of strategic investment in a national badminton system, including national and regional centres, coach education, and a focus on holistic player development, aiming to elevate France among traditional Asian powerhouses in the sport.
Former South Africa cricketer Jonty Rhodes believes that while bilateral ODI series may become fewer in the future, the 50-over format is unlikely to disappear entirely, with passionate fans continuing to support their teams.
The Hingorani family's decision to part with the Gandhi archive after generations was guided by a desire to make it accessible to a wider audience and to fund initiatives that would extend its legacy.
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
A coalition of 25 Democratic-ruled US states has filed a lawsuit against the Trump administration's decision to impose new tariffs on 60 economies, including India. The states contend that these tariffs, ostensibly aimed at combating forced labour, are illegal taxes that will raise costs for consumers and businesses, and were implemented without proper legal justification.
Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.
The Nifty's stunning 200-point jump in the final minute of trading wasn't a glitch. It marked India's shift to a new, globally accepted system of end-of-day price discovery.
Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.
Researchers at IIT-Guwahati have developed an inexpensive and efficient catalyst for producing hydrogen from water, a crucial step for the National Green Hydrogen Mission and the transition to sustainable energy. The catalyst uses nickel salt and an anthracene-based organic molecule, offering a cleaner alternative to fossil fuel-derived hydrogen.
Abhinav Bindra, India's first individual Olympic gold medallist, reflected on the 18th anniversary of his historic win at the Beijing Olympics, stating, 'Life since has taught me that the spaces between the peaks matter just as much.'
Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.
Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.
