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RBI rejects Tata Sons’ bid to stay private, directs listing

RBI’s decision upends efforts by Noel Tata, chairman of Tata Trusts -Tata Sons’ majority shareholder -to keep the company private MUMBAI: Reserve Bank of India has shut the door on Tata Sons’ attempt to surrender its core investment company (CIC) registration, dealing a blow to the efforts of the holding company of the $185bn Tata...

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India to get another major DRDO missile testing range in Bengal

The proposed testing range in Junput will be the third major hub for DRDO after the Chandipur sites and the proposed testing centre in Andhra NEW DELHI: In a boost for the country’s defence testing capabilities, India will get another weapon and missile testing range in Bengal’s Junput coastal village in Purba Medinipur district.In April...

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Global nutrition experts back FSSAI warning labels, seek stricter rules

NEW DELHI: Over 60 nutrition and public health scholars from 17 countries, including researchers from Harvard, Johns Hopkins and Oxford, have backed India’s mandatory warning labels on packaged foods and beverages high in nutrients of health concern, while urging FSSAI to strengthen system.In a written comment to Food Safety and Standards Authority of India, the...

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Sebi for changes to CAS timing, derivatives settlement prices

MUMBAI: Markets regulator Sebi on Saturday proposed to make some changes to the recently introduced Closing Auction Session’s (CAS) timings and to the derivatives pricing mechanism. Launched on Aug 3, CAS had created controversy in the market with traders and investors pointing out that it increased volatility in stock prices and index values.Last week, Sebi...

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Brics opposes unilateral trade steps like EU carbon border tax

PM Modi in a family photo with other leaders at Brics Business Forum 2026. (ANI) NEW DELHI: Brics nations Saturday opposed unilateral trade measures such as EU’s carbon border adjustment mechanism (CBAM), saying such measures undermine efforts by developing countries aimed at addressing the adverse impacts of climate change.Though they recognised the need to reduce...

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‘Global South must shape, not just follow, rules’: PM Modi at Brics Summit

PM Modi at Brics Summit NEW DELHI: Declaring the 18th Brics leaders’ summit open, PM Narendra Modi stressed that UN Security Council (UNSC) reforms cannot be delayed any longer and that the “pyramid of privilege” reflected in the current global governance structure must be transformed into a “platform of partnership”.Modi focused on economic integration of...

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Brics Summit success gives BJP a boost in domestic politics

BJP leaders at Brics Summit NEW DELHI: India’s success against the odds in bringing Brics countries with incongruent, even conflicting, outlooks on key global issues of contention, such as the West Asia conflict, to throw their weight behind a joint declaration comes as a timely domestic boost for BJP when its rivals are sensing some...

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EC meets both TMC factions amid their ‘real party’ claims

Ritabrata Banerjee and Mamata Banerjee NEW DELHI: The Election Commission Saturday met with the representatives of both factions of Trinamool Congress, one headed by former West Bengal CM Mamata Banerjee and the other group headed by West Bengal leader of opposition Ritabrata Banerjee, amid their competing claims to being the real party entitled to the...

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Brics hammers out joint declaration after India bridges Iran-UAE chasm

PM Modi and other Brics lead​ers at the 2026 summit in Bharat Mandapam, New Delhi NEW DELHI: In a dramatic repeat of the 2023 G20 Declaration under India’s presidency, BRICS member-states reached a consensus for a joint declaration following intensive, late-night negotiations that lasted till 4 am on Saturday. The talks had been strained by...

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