BRICS discuss linking CBDCs and fast payment systems: RBI Governor Malhotra

IANS | August 12, 2026 3:52 PM

New Delhi, Aug 12 (IANS) 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.

India's deal activity rises to $11.6 billion in July

IANS | August 12, 2026 2:40 PM

New Delhi, Aug 12 (IANS) India's dealmaking activity accelerated in July as overall transaction value reached $11.6 billion across 210 deals due to a rebound in mergers and acquisitions (M&A), steady private equity (PE) investments and the strongest capital markets activity of the year, a report said on Wednesday.

India can play a key role in linking Middle East ties: Report

IANS | August 12, 2026 2:33 PM

New Delhi, Aug 12 (IANS) India has emerged as a country that is capable of linking the United States, Israel, the UAE and Saudi Arabia with plans for economic corridors, technological partnerships, resilient supply chains, and strategic connectivity in the Middle East region, according to an article in the Jerusalem Post.

Bangladesh’s development programme slows to 53-year low: Report

IANS | August 12, 2026 2:05 PM

New Delhi, Aug 12 (IANS) Bangladesh has recorded another weak year in implementing its Annual Development Programme (ADP) with only 67.5 per cent of the revised ADP implemented in FY 2025-26 -- the lowest in 53 years, according to an article in Dhaka-based The Daily Star.

FAME-II scheme supported sale of 16.72 lakh electric vehicles: Govt

IANS | August 12, 2026 1:46 PM

New Delhi, Aug 12 (IANS) The Centre’s Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India) Scheme Phase-II has supported the sale of approximately 16.72 lakh electric vehicles, including e-2Ws, e-3Ws, and e-4Ws. In addition, 5,299 electric buses (e-buses) have been deployed under the Scheme (as on July 31), the Ministry of Heavy Industries said on Wednesday.