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Read more Jio Financial Services stock will now be removed from the all the S&P BSE indices, including Sensex, Sensex 50, BSE 100, BSE 500 among others, before opening of trading on September 1. Read more The Securities and Exchange Board of India (Sebi) on Friday informed the Supreme Court that it has concluded 22 out of 24 separate investigations into the Adani group, analysed data on nearly 350 million stock trades, and scrutinized dealings in seven Adani group firms involving tens of thousands of documents.

Dubai-based cryptocurrency exchange BitOasis has secured a round of funding from a group of investors, including Indian digital-asset platform CoinDCX. 

Pakistan has tried to downplay the snub from the BRICS, saying it has not yet made a formal request to join it after the bloc ignored Islamabad when it announced its major expansion in years. On August 24, The leaders of the BRICS nations decided to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates as the new members of the grouping, sealing a long-drawn process. Foreign Office spokesperson Mumtaz Zahra Baloch issued the details of her weekly briefing on Friday night, a day after the bloc of developing countries added new countries. «We will examine the latest developments and make a determination about our future engagement with BRICS,» Baloch said. To a query, if Pakistan was ignored by the bloc, she said Pakistan followed BRICS' developments in its latest summit in South Africa and also noted its openness to inclusive multilateralism. «Pakistan is an ardent supporter of multilateralism and as a member of several multilateral organisations it has always played an important role in global peace and development,» she said. The spokesperson termed Pakistan as an important developing country that has made «important contributions to promote peace, solidarity and cooperation among countries of the South». «We shall continue our efforts at the international fora for fostering the spirit of international cooperation and revitalisation of inclusive multilateralism,» she said. BRICS initially composed of Brazil, Russia, India, China and South Africa has undertaken major expansion taking its members to eleven, making it more representative of the Global South. Reportedly several countries are queuing up to join the group but Pakistan may face a challenge due to the presence of India which enjoys

Oil prices climbed about 1% on Friday, supported by supply cuts despite weak economic news from Germany, a stronger U.S. dollar and the prospect of more U.S.

Morgan Stanley expects Brent crude prices to be well supported around $80 per barrel as the oil market is likely to remain in a deficit in the second of half of 2023 before returning to a small surplus next year. «Strong refined products markets and deep OPEC cuts have been supporting crude oil prices,» analysts at the bank said in a note dated Thursday. Morgan Stanley raised its Brent price forecast for the third quarter to $85 per barrel from $75, and for the fourth quarter to $82.50 from $70.

BlackRock Inc. backed fewer shareholder proposals on environmental and social issues over the past year as it stressed its commitment to the energy industry and navigated a debate over ESG investing.

Investing.com — Oil prices rose Thursday, rebounding to a degree from weakness during the week, ahead of an eagerly awaited speech by Fed head Jerome Powell for hints on the outlook for interest rates.

crude price at $75-80/bbl, which is the fiscal break-even crude price for Saudi Arabia. This is a sweet spot for most oil-marketing companies (OMCs) in India, with Oil India and Oil and Natural Gas Corporation (ONGC) being the top beneficiaries, according to domestic brokerage firm JM Financials.

DUBAI (Reuters) — Qatar is balancing its relationships with both the United States and China and one link does not damage the other, Prime Minister Sheikh Mohammed Bin Abdulrahman al-Thani said on Friday.

Asian cryptocurrency exchange HashKey is set to start offering Bitcoin and Ether crypto trading services to retail customers in Hong Kong starting on August 28, according to a local media report. Investors will only be allowed to invest up to 30% of their net worth into cryptocurrencies when using the platform

Brics is set to add heft to the grouping of emerging economies as it announced on Thursday the inclusion of six new members, including India's key partners in the Gulf and North Africa, a development that Prime Minister Narendra Modi described as a message that «all global institutions need to transform considering the changing times». South Africa's President Cyril Ramaphosa made the announcement at a joint press conference of the leaders of the current members — Brazil, Russia, India, China and South Africa — on the concluding day of the 15th Brics summit in Johannesburg. «We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the United Arab Emirates to become full members of Brics from 1 January 2024,» said the joint declaration issued at the end of the 15th Brics summit. At the summit, the Brics leaders tasked their finance ministers and central bank governors, as appropriate, to consider the issue of local currencies, payment instruments and platforms, and report back to leaders by the next summit.Deep relations The group also decided to clear the path for further expansion. «We have also tasked our foreign ministers to further develop the Brics partner country model and a list of prospective partner countries and report by the next summit,» said the joint statement. Prime Minister Modi said at the joint press conference — in the presence of Ramaphosa, Chinese President Xi Jinping and Brazilian President Luiz Inacio Lula da Silva — that the decision to expand the grouping will strengthen the belief of many countries in a multipolar world. The PM said the inclusion of new members will

Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant. Brent crude fell 16 cents, or 0.2%, to $83.20 a barrel by 0013 GMT, while U.S. West Texas Intermediate crude fell 18 cents, or 0.2%, to $78.91 a barrel. Crude prices are set to fall between 2%-3% for the week, a second consecutive week of decline. Oil settled modestly higher in the previous session after Dutch consultancy Insights Global posted data showing gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub declined by 3% in the latest week. Investor caution ahead of remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium lifted the safe-haven dollar to a 10-week high, its biggest rise in a month, as markets waited for word on how long rates would stay high.

By Carien du Plessis, Anait Miridzhanian and Bhargav Acharya

NEW DELHI : Leaders of Brics countries on Thursday invited six more nations to join them in the grouping’s first expansion since 2010. Iran, Saudi Arabia, Egypt, Argentina, Ethiopia and the United Arab Emirates will join existing members Brazil, Russia, India, China and South Africa, said South African President Cyril Ramaphosa at a briefing. The six countries are expected to become members starting 1 January.

BRICS group of countries, comprising Brazil, Russia, India, China and South Africa, has agreed to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE as new members. Concerns of BRICS gradually turning into an anti-West club have increased ever since Russia’s invasion of Ukraine and its “no-limits" partnership with China, which had been especially keen to expand membership. The group’s potential influence over global geopolitics has gone up.

Iran, Saudi Arabia, United Arab Emirates, Argentina, Egypt and Ethiopia have been invited to join BRICS economic bloc

Iran and Saudi Arabia are among six nations that have been invited to join the BRICS bloc of developing economies, along with the United Arab Emirates, Argentina, Egypt and Ethiopia

BRICS which is a group of 5 countries that include... moreBRICS which is a group of 5 countries that include Brazil, Russia, India, China and South Africa has now invited 6 more countries to become members..

Narendra Modi addressed the 15th BRICS Summit being held at Johannesburg in South Africa. At the meet PM Modi said," I believe BRICS and friendly countries can work together to strengthen a multi polar world'. Further, BRICS leaders announced on Thursday the "historic" admission of six new countries from next year as the club of large and populous emerging economies seeks to reshape the global order.

BRICS 2023 summit: UAE President Mohammed bin Zayed Al Nahyan on 24 August said his country looks forward to working with BRICS for the benefit of all. In a post on X, formerly known as Twitter, he wrote, “We respect the vision of the BRICS leadership and appreciate the inclusion of the UAE as a member to this important group.

BRICS - Brazil, Russia, India, China and South Africa: 6 more countries become members. The new members include Argentina, Iran, the United Arab Emirates, Saudi Arabia, Ethiopia and Egypt. South Africa's President Cyril Ramaphosa delivered an address on August 24 and declared the names of the new members while announcing the summit's outcomes.