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NATIONAL CURRENCIES
Iranian President Pezeshkian says unilateral sanctions directly impacting global food security, people's welfareIranian President Masoud Pezeshkian urged BRICS nations to expand trade using national currencies. He advocated for an inclusive global eco...
"BRICS New Delhi Declaration reflects India's diplomatic success, turns diversity into strength," say expertsThe New Delhi Declaration showcased India's diplomatic success in uniting diverse BRICS members. Experts noted India's skill in managing co...
BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...
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...
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 ...
De-dollarisation and its impact on commodities and global tradeFor decades, the US dollar has dominated global trade and commodity markets. Most commodities, including crude oil, natural gas, gold, indu...
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...
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...
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...
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...
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 chief backs de-dollarisation, says local currencies are the way forwardBRICS Chamber Chairman Sameep Shastri supports de-dollarisation for a multipolar economic system. He believes local currency trade and digi...
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...
BRICS Summit 2026: PM Modi to host leaders as India pushes startups, supply chains, green energy agendaThe 18th BRICS Summit under India’s presidency will open on September 12 with discussions on inclusive global governance and multilateralis...
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. ...
Russia–India payment infrastructure fully ready for settlements in national currencies: Sberbank India CEOSberbank India's CEO Ivan Nosov has announced that the infrastructure for national currency settlements is now operational. Several key cha...
Russia reveals India's big asks ahead of Modi-Putin meet: Su-57 tech, nuclear plants and moreAt the BRICS Summit, Prime Minister Narendra Modi will have a significant meeting with President Vladimir Putin of Russia. The agenda inclu...
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...