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BRICS CROSS BORDER PAYMENTS
BRICS leaders push faster, cheaper cross-border payments, deeper use of local currenciesBRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability bet...- The Modi-Xi-Putin picture and the rise of a multipolar world trying to remake global powerThe expanded BRICS grouping now represents nearly half the world's population. Leaders adopted the New Delhi Declaration, showing consensus...
- BRICS leaders adopt New Delhi declaration, voice concerns over 'unilateral' tariffs and non-tariff trade barriersBRICS leaders adopted the New Delhi Declaration, expressing serious concern over rising unilateral tariffs. The bloc also condemned coerciv...
- World’s biggest handshake at BRICS: Can it shake the world order?Modi, Xi and Putin’s BRICS meeting carries symbolic weight, but its impact will depend on deliverables. An expanded, divided BRICS faces in...
- De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...
- BRICS finance chiefs flag tariff risks, push cross-border paymentsBRICS finance ministers voiced concerns over unilateral trade actions and tariffs. They endorsed efforts for cross-border payment interoper...
- BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measuresBRICS finance ministers and central bank governors voiced concerns over unilateral trade measures. They backed efforts for cross-border pay...
- BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffsBRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased loca...
- India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
- BRICS finance chiefs urge reform of global development financial institutionsBRICS finance ministers and central bank governors are calling for essential reforms within global institutions, with an aim to amplify the...
- BRICS finance ministers discuss possibility of efficient cross-border payment mechanismsBRICS finance ministers and central bank governors are exploring faster and cheaper cross-border payment systems, including greater use of ...
- BRICS flags unilateral tariffs, trade barriers as global risksBRICS finance ministers voiced serious concerns over unilateral trade measures. Higher tariffs and non-tariff barriers are distorting globa...
- BRICS can boost local-currency trade with deeper financial markets, stronger banking links: ExpertsBRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transact...
- BRICS Business Forum 2026: Piyush Goyal urges nations to open markets, cut trade barriers and link payment systemsCommerce Minister Piyush Goyal urged BRICS nations to open markets and cut non-tariff barriers. He called for linking payment systems to fo...
- India's BRICS play may have a payment plan with no hard cashIndia is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...
- BRICS Summit in New Delhi: The grand finale is India's moment to navigate a bigger, and more divided blocIndia hosts the BRICS summit, aiming to unify the expanded group. The enlarged bloc now includes major energy producers and consumers, fost...
- BRICS 2026: From bigger to better? The New Delhi summit may put trade, tech and energy in focusBRICS 2026 will test whether the expanded 11-member grouping can translate its growing economic and geopolitical weight into practical coop...
- UPI can do more tricks among BRICSIndia is championing the integration of the Unified Payments Interface (UPI) for cross-border digital transactions within BRICS countries. ...
- India stalls Alipay+ payments link over security, data concerns, sources sayIndia has stalled Alipay+'s proposal to link with its instant payments system. National security concerns and data usage questions are the ...
- India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...
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