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BRICS Slams Unilateral Tariffs, Backs WTO-Led Rule-Based Global Trade

BRICS nations adopted the New Delhi Declaration, voicing concern over unilateral tariffs and non-tariff measures while reaffirming support for WTO reform and a fair, open and rules-based global trading system.

India’s forex reserves hit record $785.7 billion as RBI manages fallout of massive dollar inflows

India’s forex reserves jumped $44.9 billion in a week to a record $785.7 billion after a massive response to the RBI’s special forex swap facility, while the resulting liquidity surge has prompted the central bank to step up absorption measures.

Gold Prices Fall Nearly 2% Weekly as Fed Rate Hike Concerns Weigh on Bullion

Gold prices declined nearly 2 per cent this week amid rising crude oil prices, higher inflation expectations and growing bets on a US Federal Reserve rate hike.

Bernard Arnault

Bernard Arnault falls out of world’s top 10 richest people

A $65 billion fall this year has pushed the LVMH founder below Warren Buffett as luxury demand weakens in China and the Middle East.

India Shaping Next Chapter of Digital Finance with Fintech Innovations: RBI

RBI says India is shaping the next chapter of its digital financial journey through fintech innovations, tokenisation, AI, UPI and other initiatives launched at Global Fintech Fest 2026.

SEBI May Issue Consultation Paper on CAS Framework, Review Derivative Settlement Prices

SEBI is likely to issue a consultation paper on the Closing Auction Session, proposing changes to derivative settlement price calculations on expiry days amid concerns from market participants.

BRICS Share in Global Merchandise Exports Doubles to 24%: Piyush Goyal

Commerce Minister Piyush Goyal says BRICS’ share in global merchandise exports has doubled to nearly 24%, with exports reaching almost $6 trillion in 2024.

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