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BUSINESS AND ECONOMY - November 2018

Nov 2018

Sep 18, 2026

FICCI hosts AI and technology in mining conference

FICCI hosted its third Conference on Digitalisation, AI, Automation and Technology Integration in Mining & Metals on 17–18 September 2026 at FICCI Federation House, New Delhi. The event brought policymakers, industry leaders, technology firms, startups and researchers to discuss the role of artificial intelligence, automation, Internet of Things, digital twins and analytics in India’s mining sector. Dr. Jitendra Singh was announced as the chief guest for the inaugural session. KPMG in India served as knowledge partner. Participants explored policy frameworks, investment needs and skills development to help the sector improve productivity, safety and sustainability. The conference underscored India’s push to harness technology for resource extraction and processing.
  • Held 17–18 September 2026 at FICCI Federation House, New Delhi.
  • Theme: AI, automation, IoT, digital twins in mining and metals.
  • Dr. Jitendra Singh was chief guest for the inaugural session.
  • KPMG in India served as knowledge partner.
  • Discussed policy, investment, and skills for productivity, safety and sustainability.

Sep 17, 2026

TCS Partners with Dubai Gold & Commodities Exchange

Tata Consultancy Services (TCS) announced a collaboration with the Dubai Gold & Commodities Exchange (DGCX) to develop next-generation derivatives market infrastructure. The partnership aims to enhance technology capabilities and efficiency in derivatives trading operations, reflecting the growing role of digital technology in global financial markets. The agreement envisions streamlined exchange processes, improved settlement systems, and support for product innovations. Analysts say the collaboration could boost cross-border trading and position India as a technology-enabled hub for financial services in the Middle East and beyond. Emphasis will remain on regulatory compliance and cybersecurity for safe market growth.
  • TCS-DGCX partnership to develop derivatives market infrastructure.
  • Focus on technology capabilities and trading efficiency.
  • Potential to boost cross-border trading and India's tech hub status.
  • Emphasis on regulatory compliance and cybersecurity.
  • Part of broader digital finance growth.

Sep 16, 2026

New Zealand approves India free trade agreement; tariffs on most exports cut

New Zealand’s parliament passed legislation implementing a free trade agreement with India, eliminating or significantly reducing tariffs on about 95% of New Zealand exports to India. The measure, approved 93–29 with opposition support, aims to boost two-way trade and investment, including a planned NZ$20 billion Indian growth investment over 15 years. Two-way trade stood at NZ$3.99 billion in the year to June 2026. The agreement will become effective after ratification by both countries. Officials expect immediate benefits for exporters and a broader, deeper economic relationship as procedures conclude.
  • NZ Parliament passes India free trade agreement (93–29)
  • Tariffs cut on ~95% of NZ exports to India; early benefits anticipated
  • NZ to invest NZ$20 billion in India over 15 years
  • Two-way trade NZ$3.99 billion (year to June 2026)
  • Agreement becomes effective after formal ratification

Sep 14, 2026

Cochin Shipyard signs joint venture with Drydocks World

Cochin Shipyard Limited entered into a 50:50 joint venture with Drydocks World, a DP World company, in September 2026. The partnership aims to operate and expand the International Ship Repair Facility in Kochi. The agreement includes transferring the Willingdon Island facility to the new venture. The deal was formalised during the BRICS Summit 2026 in New Delhi, signaling stronger collaboration in ship repair and maintenance services and positioning Kochi as a regional hub for maritime services. The venture is expected to boost capabilities, attract international clients, and create employment opportunities.
  • Cochin Shipyard enters 50:50 JV with Drydocks World to run Kochi ship repair facility.
  • Willingdon Island facility to be transferred to the JV; formalised at BRICS Summit 2026.
  • Aims to expand international ship repair and maintenance capabilities in Kerala.
  • Expected to boost employment and attract global clients.

Sep 13, 2026

RBI and SEBI launch Demat 2.0 Pilot for bond tokenisation

On 11 September 2026, the Reserve Bank of India and the Securities and Exchange Board of India launched the Demat 2.0 Pilot to test tokenisation of corporate bonds. The project uses central bank digital currency and blockchain to enable faster settlement and greater market efficiency. Regulators say the pilot will create a trusted digital representation of bond instruments and improve accessibility for investors. Banks and market participants will participate in the pilot, which will run in selected segments for a defined period. The initiative marks a major step in modernising India’s financial market infrastructure.
  • Demat 2.0 Pilot launched by RBI and SEBI
  • Date: 11 September 2026
  • Tokenisation of corporate bonds using CBDC and blockchain
  • Aim: faster settlement and greater market efficiency
  • Involves banks and market participants in a phased pilot
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