India decided to study the proposal of BRICS currency excluding China. finance news

India decided to study the proposal of BRICS currency excluding China.  finance news

Think tanks will examine plans to resolve contentious issues ahead of the BRICS summit in Kazan this October (Illustration: Binay Sinha) The central government has decided to ask a group of think tanks to study the proposal for a BRICS (founding five: Brazil, Russia, India, China and South Africa) currency. The proposal will debate whether […]

Can BRICS, a frenemy group, challenge the West’s sanctions regime?

Can BRICS, a frenemy group, challenge the West’s sanctions regime?

Doubling the size of BRICS will not make it a more coherent threat to the West. Photo: Bloomberg By Mihir Sharma The BRICS grouping has long been characterized by its persistent failure to perform up to its potential. Internal contradictions are crippling: differing interests among members make it difficult to develop any common policy. Brazil, […]

Vishwaguru in search of disciples

Vishwaguru in search of disciples

India’s notion of being a world leader is becoming hollow as India continues to have differences with the countries of the Global South. Israel’s war On Palestinians in Gaza. India did not vote with the Global South on the UN General Assembly resolution calling for an immediate ceasefire in Gaza. It has also refused to […]

Xi Jinping’s G20 Ignorance Signals China’s Politician-turned-Emperor

Xi Jinping’s G20 Ignorance Signals China’s Politician-turned-Emperor

President Xi Jinping began his third term in office with a diplomatic offensive that cemented his image as a global statesman. Now, he’s set to skip the world’s premier international forum of world leaders — and it’s not quite clear why. It could be because of the diplomatic tussle with India that Xi is ignoring […]

BRICS should be prepared for any future pandemic: South African Health Minister

BRICS should be prepared for any future pandemic: South African Health Minister

South Africa’s Health Minister Dr. Joe Fahla has said that BRICS countries should cooperate to deal with any future pandemic. He emphasized that the period of COVID-19 has exposed the weaknesses in the health systems. Fahla addressing a seminar titled “Pandemic Preparedness, Prevention and Response for Health Security: Bridging the Preparedness Gap for Future Pandemics” […]

Significance, what it means for India

Significance, what it means for India

News Explained Explained Global BRICS gets six new members: Significance, what it means for India The expansion of BRICS can strengthen its claim of being a ‘voice of the Global South’ on one hand, while raising concerns about China’s increasing dominance on the other. Prime Minister Narendra Modi with Brazilian President Luiz Inacio Lula da […]

BRICS leaders agreed to admit 6 countries as new members

BRICS leaders agreed to admit 6 countries as new members

Prime Minister Narendra Modi being photographed with Brazilian President Luiz Inacio Lula da Silva, Chinese President Xi Jinping, South African President Cyril Ramaphosa and Russian Foreign Minister Sergei Lavrov during the 2023 BRICS Leaders’ Retreat (Photo: PTI) Leaders of the BRICS countries on Thursday decided to admit Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the […]

On adding 6 countries to the BRICS group, PM Modi said, will strengthen the group

On adding 6 countries to the BRICS group, PM Modi said, will strengthen the group

Prime Minister Narendra Modi speaking at the event 15th BRICS The (Brazil, Russia, India, China and South Africa) summit said on Thursday that India welcomes the expansion of the grouping of world economies. PM Modi’s words of affirmation came after South African President Cyril Ramaphosa announced the inclusion of six new member countries – Argentina, […]

BRICS will provide an opportunity to identify future areas of cooperation: Modi

Prime Minister Narendra Modi on Tuesday said the BRICS summit will provide a useful opportunity to its members to identify future areas of cooperation and review institutional developments. In his departure statement ahead of his visit to South Africa to attend the 15th BRICS Summit, he said that BRICS is working on a strong cooperation […]

PM Modi may discuss BRICS expansion during 15th summit in South Africa

Prime Minister Narendra Modi is set to discuss the possible expansion of the BRICS bloc during the three-day 15th BRICS summit in Johannesburg, South Africa. He leaves today for the summit, which is being held in person for the first time since 2019. Yesterday, the government indicated that India is open to the idea of […]