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IDBI Bank's share price fell as much as 16.48% to an intraday low of ₹77.00 apiece on the BSE even as the benchmark S&P BSE Sensex remained largely flat.
Russia is not pursuing a formal de-dollarisation policy and remains open to acceptable payment mechanisms for international trade, Kremlin spokesperson Dmitry Peskov said ahead of the BRICS summit in New Delhi.
US President Donald Trump’s latest push to rename New Mexico, combined with tariff threats, military warnings and pressure on allies, is adding to growing concerns about Washington’s relations with Canada, Mexico and Europe. At the same time, countries including India, China, Russia and Brazil are exploring stronger ties beyond the US.
India is preparing to host a high-stakes BRICS summit on September 12 and 13, with Russian President Vladimir Putin, Chinese President Xi Jinping and Iranian President Masoud Pezeshkian among the key leaders expected to attend. The Middle East conflict is likely to complicate negotiations as New Delhi seeks consensus among an increasingly diverse BRICS bloc.
