Zomato introduces additional fee for cash-on-delivery orders
https://timesofindia.indiatimes.com/business/india-business/zomato-introduces-additional-fee-for-cash-on-delivery-orders/articleshow/134124148.cms
https://timesofindia.indiatimes.com/business/india-business/zomato-introduces-additional-fee-for-cash-on-delivery-orders/articleshow/134124148.cms
Canada 'wants to make a deal very badly,' says Donald Trump
https://timesofindia.indiatimes.com/business/international-business/canada-wants-to-make-a-deal-very-badly-says-donald-trump/articleshow/134137438.cms
https://timesofindia.indiatimes.com/business/international-business/canada-wants-to-make-a-deal-very-badly-says-donald-trump/articleshow/134137438.cms
President Trump stated Canada desires a trade deal soon and wants farmers treated better. He also expressed a wish for Ireland to be unified eventually. Trump met with Irish Prime Minister Micheal Martin and President Catherine Connolly. The visit included engagements and a stop at his golf resort. Protests occurred in Dublin and western Ireland during the president's visit.
Brics nations to have a common currency? Here’s what MEA said
https://timesofindia.indiatimes.com/business/india-business/india-rules-out-brics-currency-proposal-backs-local-currency-trade-settlements/articleshow/134138086.cms
https://timesofindia.indiatimes.com/business/india-business/india-rules-out-brics-currency-proposal-backs-local-currency-trade-settlements/articleshow/134138086.cms
Brics nations are discussing local currency trade settlements to reduce transaction costs. There is currently no proposal for a common Brics currency among member states. This initiative aims to complement existing global payment systems and improve trade efficiency. Leaders also addressed trade barriers and the need for a strong WTO. Discussions followed eight months of work under India's Brics chairship.
Sebi for changes to CAS timing, derivatives settlement prices
https://timesofindia.indiatimes.com/business/india-business/sebi-for-changes-to-cas-timing-derivatives-settlement-prices/articleshow/134159679.cms
https://timesofindia.indiatimes.com/business/india-business/sebi-for-changes-to-cas-timing-derivatives-settlement-prices/articleshow/134159679.cms
Sebi has put forth new proposals aimed at modifying the Closing Auction Session timings and derivatives pricing. Following the recent launch of the session, traders have noted an uptick in market volatility. The regulator is evaluating two potential options for determining derivative settlement prices, suggesting a shift in market timings to include a transition break and longer trading intervals. Feedback on these proposals is requested by October 3.
RBI rejects Tata Sons' bid to stay private, directs listing
https://timesofindia.indiatimes.com/business/india-business/rbi-rejects-tata-sons-bid-to-stay-private-directs-listing/articleshow/134163398.cms
Tata Sons' bid to relinquish its core investment company registration has been turned down by the Reserve Bank of India, pushing the Tata Group's holding firm nearer to a public stock offering. Tata Trusts, the majority owner, aims to preserve the company's private nature for sustained stewardship. In contrast, the Shapoorji Pallonji Group is advocating for a public float.
https://timesofindia.indiatimes.com/business/india-business/rbi-rejects-tata-sons-bid-to-stay-private-directs-listing/articleshow/134163398.cms
Tata Sons' bid to relinquish its core investment company registration has been turned down by the Reserve Bank of India, pushing the Tata Group's holding firm nearer to a public stock offering. Tata Trusts, the majority owner, aims to preserve the company's private nature for sustained stewardship. In contrast, the Shapoorji Pallonji Group is advocating for a public float.
HDFC Bank sends names of 2 CEO candidates to RBI
https://timesofindia.indiatimes.com/business/india-business/hdfc-bank-sends-names-of-2-ceo-candidates-to-rbi/articleshow/134163788.cms
https://timesofindia.indiatimes.com/business/india-business/hdfc-bank-sends-names-of-2-ceo-candidates-to-rbi/articleshow/134163788.cms
HDFC Bank has presented two candidates to the RBI for the upcoming role of managing director and CEO. The board has also sanctioned the promotion of Jimmy Tata to executive director while seeking an extension for V Srinivasa Rangan. This move will elevate the count of whole-time directors to four, enhancing oversight across its subsidiaries. Final approval for these transitions now lies with the Reserve Bank of India.
Brics 2026: Piyush Goyal hails unanimous adoption of New Delhi Declaration
https://timesofindia.indiatimes.com/business/india-business/brics-2026-piyush-goyal-hails-unanimous-adoption-of-new-delhi-declaration/articleshow/134174075.cms
https://timesofindia.indiatimes.com/business/india-business/brics-2026-piyush-goyal-hails-unanimous-adoption-of-new-delhi-declaration/articleshow/134174075.cms
At the latest summit, BRICS leaders unanimously endorsed the New Delhi Declaration, marking a significant step toward a resilient strategic partnership. This declaration focuses on fostering cooperation in emerging technologies and strengthening digital infrastructure. Additionally, it aims to bolster the New Development Bank and enhance supply chain resilience, all while underscoring the leaders' commitment to solidarity and mutual respect.
India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge
https://timesofindia.indiatimes.com/business/india-business/indias-gem-exports-rise-3-14-in-august-as-studded-gold-jewellery-shipments-surge/articleshow/134174181.cms
https://timesofindia.indiatimes.com/business/india-business/indias-gem-exports-rise-3-14-in-august-as-studded-gold-jewellery-shipments-surge/articleshow/134174181.cms