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Trending News Fox | Sunday, September 13, 2026

Global Spotlight: 18th BRICS Summit Concludes in New Delhi with Historic ‘Delhi Declaration’

The 18th annual BRICS Summit drew to a successful close today at Bharat Mandapam in New Delhi. World leaders unanimously adopted the New Delhi Declaration, setting a bold roadmap for global economic resilience, supply chain safety, and reform within international institutions.

┌────────────────────────────────────────────────────────────────────────┐
│                        BRICS 2026 KEY HIGHLIGHTS                       │
├──────────────────────────────────────┬─────────────────────────────────┤
│ Theme                                │ Resilience, Innovation,         │
│                                      │ Cooperation, & Sustainability   │
├──────────────────────────────────────┼─────────────────────────────────┤
│ Core Focus                           │ Global South Integration, Trade │
│                                      │ Resilience & Energy Security    │
├──────────────────────────────────────┼─────────────────────────────────┤
│ Diplomatic Milestone                 │ Bilateral Convergence between   │
│                                      │ India & China                   │
└──────────────────────────────────────┴─────────────────────────────────┘

Latest News Today: Key Takeaways from the Declaration

  • Multilateral Diplomacy:Leaders called for immediate de-escalation of West Asian tensions via dialogue and strict adherence to international maritime law.
  • Energy & Trade Protection: Emphasized safeguarding critical supply routes and raw materials against unilateral trade tariffs and protectionist policies.
  • Modi-Xi Strategic Bilateral:Prime Minister Narendra Modi and Chinese President Xi Jinping held extensive sideline discussions, committing to peace along border areas and steady economic engagement.

National Headlines: Markets & Regulatory Updates

RBI Rejects Tata Sons’ License Surrender, Mandates Public Listing

In a landmark regulatory decision, the Reserve Bank of India (RBI) officially denied Tata Sons’ application to surrender its Non-Banking Financial Company (NBFC) registration.

Banking Regulator Direction: Tata Sons has been directed to initiate preparations for an immediate public listing on Indian stock exchanges to adhere to upper-layer NBFC compliance norms.

Latest News Today: Indian Markets & Economy Watch

  • Nifty & Sensex Outlook: Financial analysts expect heightened volatility across banking and holding company stocks following the RBI ruling.
  • Intraday Strategy: Traders are keeping a close watch on key momentum indicators like VWAP and Supertrend as global macro updates from the BRICS summit filter into domestic equities.

Latest News Today: Regional & State Developments

West Bengal & Eastern India

  • Trinamool Factions Meet ECI:The Election Commission of India held formal hearings with both factions of the Trinamool Congress regarding regional administrative leadership and party representation, seeking secondary document submissions.
  • Infrastructure Push: Accelerated highway expansion projects across Hooghly and Haldia are scheduled for review this week to boost port traffic connectivity.

Quick News Pulse

  • Kerala Power Crisis:Political debate intensifies over state power grid allocations and seasonal hydroelectric reserves.
  • Venice Film Festival:Post-war drama “Woman Unknown” took home the prestigious Golden Lion award, closing out a politically charged festival season.

Also, read BRICS Summit 2026: Latest News, Dates, BRICS Countries & Key Updates

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