A US drone firm linked to Donald Trump's sons has signed a deal with Pakistan's military. This agreement involves selling unmanned systems ...

India faces a significant trade deficit with China, importing substantially more goods than it exports. Chinese firms offer superior price ...

China has expanded yuan foreign-exchange clearing to include the Singapore dollar, New Zealand dollar and Thai baht, as Beijing seeks to wi...

In a significant market shift, the rupee has dipped to 96 against the US dollar, marking a low not seen in over two months. This decline is...

The US dollar rises against major currencies after the Federal Reserve hikes interest rates and signals further tightening to tackle inflat...

China's foreign exchange regulator is urging banks to implement currency hedging options for exporters. This strategy intends to protect bu...

The latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...

Kapil Sibal called BRICS a “motley” grouping and said China emerged as the biggest beneficiary from the New Delhi summit. However, he credi...

The expanded BRICS grouping now represents nearly half the world's population. Leaders adopted the New Delhi Declaration, showing consensus...

Modi, Xi and Putin’s BRICS meeting carries symbolic weight, but its impact will depend on deliverables. An expanded, divided BRICS faces in...

India's foreign-exchange reserves surged to a record $785.706 billion. This surge was driven by a dedicated dollar-mobilisation programme a...

BRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transact...

India is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...

Port City Colombo is attracting technology companies from India seeking to diversify risks. This special economic zone offers a lower cost ...

India hosts the BRICS summit, aiming to unify the expanded group. The enlarged bloc now includes major energy producers and consumers, fost...

Currency markets remained steady as investors assessed rising oil prices and bond yields. The Japanese yen's strong rally paused before key...

India is championing the integration of the Unified Payments Interface (UPI) for cross-border digital transactions within BRICS countries. ...