India’s proposal for local currencies link between BRICS members seen as key item for summit IANS | 18 Aug, 2026 India’s proposal to build a digital bridge between the domestic currency payment networks of BRICS member nations has become the most important item on the agenda for the forthcoming summit of the bloc to be held in Delhi, according to an article published by South Africa’s IOL news website.
BRICS nations are exploring potential linkages between their fast‑payment systems and central bank digital currencies (CBDCs), Reserve Bank of India Governor Sanjay Malhotra has said, as New Delhi prepares to host the 2026 summit of the grouping in September.
Commerce and Industry Minister Piyush Goyal on Monday said that from a gross merchandise value (GMV) of Rs 422 crore a decade ago to over Rs 1,55,000 crore today, the Government e-Marketplace (GeM) has rewritten the rules of public procurement.
Apex industry body ASSOCHAM has signed strategic agreements with Business France and the India & Arab Countries Chamber of Commerce, Industry and Agriculture (IACCIA) to boost trade, investment and business collaboration between India, France and Arab nations, it was announced on Monday.
The government on Friday said that media reports regarding the alleged conflict of interest in the disbursement of funds to companies under the Research, Development and Innovation (RDI) Scheme by the Technology Development Board (TDB) are “misleading, incorrect, and lack proper context”.
