Sebi Proposes Changes to Closing Auction Timings and Derivatives Settlement Pricing

India to build new DRDO missile testing range in West Bengal's Junput

India is set to establish a new weapons and missile testing facility in Junput, West Bengal. The site will be developed by the Defence Research and Development Organisation (DRDO) and will serve as its third major testing range in the country. It will complement the existing facility in Chandipur, Odisha, strengthening India's defence testing infrastructure. Beyond national security, the project is expected to drive significant infrastructure development and economic growth in West Bengal.

Global nutrition experts back FSSAI warning labels, seek stricter rules

BRICS nations reject EU carbon border tax, call for equitable climate action

BRICS nations have collectively opposed the European Union's carbon border adjustment mechanism, calling it an unfair unilateral trade measure. The bloc emphasized that energy security must be balanced with climate goals, and that fossil fuels will continue to play a role in the global energy mix. Member countries called for climate actions grounded in equity and shared responsibilities among nations. BRICS expressed its preference for multilateral frameworks over unilateral measures in addressing global climate challenges.

Modi at BRICS Pushes UN Security Council Reform and Global South Voice

Prime Minister Narendra Modi addressed the BRICS Summit, calling for urgent reforms to the United Nations Security Council. He argued that global governance must shift from a privilege-based system to one built on equal partnership for developing nations. Modi proposed that BRICS collectively draft ten actionable proposals to strengthen inclusive multilateralism. He also put forward the idea of a dedicated Seafarers Emergency Support Network to protect maritime workers globally. The overarching theme of his address was empowering Global South nations to actively shape international rules rather than merely follow them.