Business

New Delhi: For a bloc that has spent years fuelling speculation about challenging the dollar's dominance, the formal position enunciated in a joint statement after meeting of finance ministers and central bank governors of BRICS nations remains more cautious than the rhetoric of some of...

New Delhi: Markets regulator SEBI Saturday proposed changes to the methodology for calculating expiry-day settlement prices of index and stock derivatives, following a review of the newly introduced closing auction session (CAS) framework. In a consultation paper, SEBI proposed two options for determining the settlement...

New Delhi/Bhubaneswar: India and the UAE Saturday reiterated the significance of their Comprehensive Strategic Partnership and discussed opportunities to enhance cooperation in emerging areas, including defence, space, nuclear energy, technology, and innovation. Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed...

New Delhi: Eternal-backed food delivery platform Zomato has begun charging customers an additional fee of Rs 5 to Rs 20 for choosing cash on delivery (COD) as the company seeks to monetise payment methods amid intensifying competition. The 'pay on delivery fee' shown separately on...

Bhubaneswar: Odisha government has secured proposals worth over Rs 2.43 lakh crore across various sectors during its three-day investment outreach in the United Arab Emirates, a statement said Friday. The outreach, led by Chief Minister Mohan Charan Majhi, resulted in 24 Memoranda of Understanding (MoUs)...

Bhubaneswar: Odisha government has identified 185 sites for setting up small hydro power projects, Additional Chief Secretary (Energy) Vishal Kumar Dev said Friday. Speaking on the sidelines of a stakeholder dialogue on small hydro power development in Bhubaneswar, Dev said Odisha, which accounts for nearly...

New Delhi: Iranian President Masoud Pezeshkian Friday called for a stronger shift toward local currencies in BRICS trade, while pitching Iran's geography, energy resources and transport links as a strategic bridge for the bloc's economic connectivity. Speaking at the BRICS Business Forum, Pezeshkian said BRICS...

New Delhi: Russian President Vladimir Putin Friday pitched a new investment platform to fund projects in trade, infrastructure, logistics and technology across BRICS, while stressing that the grouping's expanding economic cooperation was "not against anyone" and aimed instead at advancing the national interests of its...

New Delhi: Commerce and Industry Minister Piyush Goyal Friday urged BRICS member countries to link their payment systems, encourage trade in local currencies, and make digital trade more accessible globally. Addressing the Opening Session of BRICS Business Forum 2026 here, he said India has taken...

Mumbai: Finance Minister Nirmala Sitharaman Friday called for stronger accountability and safeguards around artificial intelligence as the technology moves into finance and other critical sectors, warning that regulators and companies must ensure rapid innovation does not create new forms of systemic risks. Speaking at the...