José Cruz/Agência Brasil · CC BY 3.0 brIndia hosted the 18th BRICS Summit in New Delhi on September 12-13, 2026, with leaders including Russia's Vladimir Putin and China's Xi Jinping attending. This was India's fourth time chairing the grouping, which now spans 11 member nations and marks 20 years since its 2006 founding. The expanded bloc together accounts for about 40% of global GDP.
José Cruz/Agência Brasil · CC BY 3.0 brUnion Commerce Minister Piyush Goyal, at the inaugural session of the BRICS Business Forum 2026, urged member nations to link their payment systems and trade more in local currencies. He said BRICS cooperation would create jobs, wealth and prosperity for countries that together represent half the global population and 40% of global GDP, positioning the bloc as an engine of Global South growth.
The HinduIndia and the Mercosur bloc announced the start of negotiations to expand their Preferential Trade Agreement. Commerce Minister Piyush Goyal and Uruguay's Foreign Minister Mario Lubetkin, whose country holds Mercosur's pro-tempore presidency, made the announcement. Separately, both sides signed the first Additional Protocol to facilitate electronic certificates of origin. The PTA was originally signed on January 25, 2004 and entered into force on June 1, 2009.
PIBIndia's retail inflation, measured by the Consumer Price Index, rose to 4.82% in August 2026, a 20-month high, driven by higher food and fuel prices. The reading breached the RBI's 4% midpoint target for the third successive month, though it remains within the central bank's 2-6% tolerance band, keeping pressure on monetary-policy decisions.
LivemintIndia's wholesale price inflation, based on the Wholesale Price Index, rose to 9.92% in August 2026 on the back of higher prices of food, fuel and manufactured items. Inflation in manufactured items climbed to a series high of 8.37%, up from 8.29% in July, signalling broad-based cost pressures across the economy.
The HinduThe last seven days as one sheet — grouped by syllabus area, every figure worth memorising, and a quiz across the whole week.
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