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COMMON BRICS CURRENCY
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...
Elephant, Dragon & Bear: Modi, Xi and Putin may converge at BRICS for a big power playPrime Minister Narendra Modi will host Chinese President Xi Jinping and Russian President Vladimir Putin this weekend. Xi's visit marks his...
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 can steer expanded BRICS from rapid growth to practical cooperation: Brazil mediaThe upcoming BRICS summit in New Delhi will focus on consolidating the bloc's recent expansion. India's Prime Minister Modi is expected to ...
BRICS Sherpas bridge Iran-UAE differences, fine-tune Delhi Declaration ahead of summitBRICS Sherpas met to finalize the Delhi Declaration ahead of the upcoming summit. They aimed to resolve differences on referring to the Wes...
India's economy shatters a 35-year barrier to enter A-rated clubIndian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for I...
Modi-Xi-Putin together again: What will the Bishkek photo-op tell?India’s next Modi-Xi-Putin photograph at the SCO summit in Bishkek is likely to carry geopolitical weight, but it should not be read as evi...
Xi Jinping's Delhi visit could be the big brick in the BRICS summitXi Jinping's potential visit to India for the BRICS summit is a key development. This meeting could foster cooperation and enable concrete ...
India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, and fishermen: Union Minister Piyush GoyalIndia has amended foreign direct investment regulations to boost e-commerce trade. These changes will help small businesses, artisans, farm...
Reliance on dollar not weakened: India steers clear of any BRICS currency move amid Trump's big warningIndia remains committed to BRICS and distances itself from plans to weaken the dollar or introduce a common currency. External Affairs Mini...
Trump's 100% tariff threat: Impact on BRICS nations and global trade dynamicsUS President Donald Trump has threatened BRICS members with 100% tariffs if they attempt to introduce a new currency to replace the US doll...
Despite no BRICS currency plan, Donald Trump issues threatUS President-elect Donald Trump has threatened 100% tariffs if BRICS countries create their own currency to replace the US dollar. However,...
Putin advises cautious approach, says common BRICS currency not being considered yetRussian President Putin states that a common BRICS currency is a long-term prospect while the bloc focuses on expanding the use of national...
BRICS common currency plans may remain a non-starter. Here's whyBecause of its outsized economic muscle, China would easily dominate BRICS, hence the common currency's fortunes. No matter the rhetoric ab...
BRICS+ and changing global alliances: A step towards exploring new currency ideas and challengesOriginally comprising Brazil, Russia, India, and China, BRICS was coined by Goldman Sachs in the 1990s to encourage investment in emerging ...
What is a BRICS currency, and could one be adopted?The greenback's share of official FX reserves fell to a 20-year low of 58% in the final quarter of 2022, and 47% when adjusted for exchange...
What is a BRICS currency, and could one be adopted?Brazil's President, Luiz Inacio Lula da Silva, has proposed the creation of a common currency for BRICS nations to reduce vulnerability to ...