According to a report from TechNews (finance.technews.tw), Reserve Bank of India (RBI) Governor Sanjay Malhotra said BRICS member countries are discussing linking their respective fast payment systems with central bank digital currencies (CBDCs) (E1). Speaking in Mumbai on August 11, 2026, Malhotra said: "Cross-border payments are an area of interest to all of us, including BRICS, because we believe there is still room to reduce costs. Various options are under discussion, including central bank digital currencies and the linking of fast payment systems." (E2)
UDN Money (money.udn.com) carried the same remarks from Malhotra's Mumbai briefing, confirming that discussions remain at an exploratory stage and include both CBDCs and fast-payment-system linkage (E7).
Both TechNews (E3) and UDN Money (E8) cited an earlier Reuters report stating that RBI had recommended to the Indian government that the proposal to link central bank digital currencies be added to the agenda of the 2026 BRICS summit. That recommendation, reported earlier in 2026, predates Malhotra's August 11 public remarks confirming that BRICS members are now discussing the plan.
According to TechNews (E4) and UDN Money (E9), Malhotra said RBI will continue to promote the internationalization of the Indian rupee, and will encourage the use of each country's own currency in cross-border payments and trade. Both outlets reported this statement alongside Malhotra's remarks on payment-system linkage, presenting rupee internationalization as a policy track running in parallel to the CBDC discussions.
Malhotra said RBI views artificial intelligence (AI) as "a capability to be harnessed, rather than merely a risk to be controlled," according to both TechNews (E5) and UDN Money (E10). He said: "Indian banks cannot stand on the sidelines," and urged lending institutions to inventory all AI models currently in use and establish AI governance policies approved by their boards (E5, E10).
On the relationship between innovation and oversight, Malhotra said, as quoted by both outlets: "Innovation and safety are not competing goals — in fact, both are indispensable requirements for building a sound financial system." (E6, E11)
Read together, the evidence indicates RBI's BRICS payment-linkage push did not begin with Malhotra's August 11 remarks: Reuters had already reported, earlier in 2026, that RBI recommended the government place CBDC linkage on the 2026 BRICS summit agenda (E3, E8). Malhotra's public confirmation that "various options... are under discussion" (E2, E7) therefore describes a proposal RBI itself had already advanced internally. The same Mumbai remarks also put rupee internationalization (E4, E9) and AI governance in banking (E5, E6, E10, E11) on the record in the same briefing, indicating that cross-border payment linkage, currency policy, and AI oversight were addressed together in Malhotra's public comments rather than announced separately.
TechNews and UDN Money both cited an earlier Reuters report stating that RBI had recommended to the Indian government that the proposal to link central bank digital currencies be added to the 2026 BRICS summit agenda (E3, E8).
Malhotra urged lending institutions to inventory all AI models currently in use and establish AI governance policies approved by their boards, saying Indian banks 'cannot stand on the sidelines' (E5, E10).
Malhotra said RBI will continue to promote the internationalization of the Indian rupee and encourage the use of each country's own currency in cross-border payments and trade (E4, E9).
According to a report from money.udn.com, TSMC's board approved a Q2 2026 cash dividend of NT$7 per share, unchanged from the prior quarter, and for the first time will let foreign shareholders elect to receive payouts in US dollars under revised regulations, cnyes.com reported.
According to Technews and CNA, France's APIG press alliance — representing more than 300 outlets — filed a complaint on August 11 over Google's AI Overviews, launched in France in July 2026. APIG cites 70% traffic dependency on Google, a Pew Research Center finding that AI summaries cut click-through rates from 15% to 8%, and a Le Figaro executive's report of 20%-50%-plus traffic declines abroad, while asking regulators to help reset negotiating terms rather than shut the tool down.
According to Cnyes News, Supermicro (SMCI) will report fiscal Q4 2026 results after the U.S. market close on Tuesday, August 11. The company raised its own gross margin guidance to 15%-17%, up from a prior 8.2%-8.4% range, backed by more than $60 billion in new orders. Bloomberg consensus projects EPS of $1.33 and revenue of $11.2 billion, versus $0.41 and $5.7 billion a year earlier.