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Backing ideas before they become enterprises
English

Backing ideas before they become enterprises

The 15th ChinniKrishnan Innovation Awards 2026, organized by CavinKare and the Madras Management Association in Chennai, honored ten nascent ideas and three breakthrough innovations. Winners received cash prizes, mentorship access, and recognition aimed at accelerating early‑stage entrepreneurship in India.

The Hindu National
12 Sept 2026
BRICS Business Forum: On women-led businesses, Iran and UAE are on the same page
English

BRICS Business Forum: On women-led businesses, Iran and UAE are on the same page

At the BRICS Business Forum, Iran and the UAE jointly advocated for stronger networks and strategic integration of women‑led enterprises across the bloc, urging the creation of a B2B matchmaking platform. Delegates highlighted that women head roughly 80% of BRICS MSMEs and called for better market access, financing and cross‑border partnerships.

FCNR(B) deposits: Who bears the currency risk? | Explained
English

FCNR(B) deposits: Who bears the currency risk? | Explained

The Reserve Bank of India launched a special swap facility in June 2026 to attract non‑resident Indian deposits in foreign‑currency non‑resident (FCNR(B)) accounts, later closing the window on August 31, 2026. While the scheme exceeded its $50 billion target by mobilising over $127 billion, the RBI hedged only the principal amount, leaving interest‑payment risk to the banks.

The Hindu National
10 Sept 2026
Goyal bats for common Brics trade platform, women-focused fund
English

Goyal bats for common Brics trade platform, women-focused fund

Commerce Minister Piyush Goyal urged BRICS to create a common trade platform and operationalise a Women’s Advancement Fund to help small and women‑led exporters access credit, buyers and predictable rules. He highlighted India’s progress in women’s financial inclusion and called for sector‑specific delegations, electronic documentation and expanded services trade within the bloc.

India-Thailand trade talks focus on market access, Asean trade agreement review
English

India-Thailand trade talks focus on market access, Asean trade agreement review

India’s commerce minister Piyush Goyal met Thailand’s deputy prime minister and commerce minister Suphajee Suthumpun in New Delhi to discuss expanding bilateral trade, investment and the review of the Asean‑India Trade in Goods Agreement (AITIGA). The talks highlighted a record $20.93 billion trade flow in FY2025 and a widening Indian trade deficit of about $10.8 billion.

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