“We don’t support any BRICS currency,” said India’s Union Commerce Minister Piyush Goyal in February. “I don’t think there’s any policy on our part to replace the US dollar,” said…
The UN Security Council president position has taken on new significance right now as Pakistan assumes the rotating presidency for July 2025, and this is backing the BRICS multipolar world…
BRICS US dollar dominance is facing its biggest challenge right now as Latin America’s first bank adopts China’s Cross-Border Interbank Payment System (CIPS). This Brazilian bank, which is now under…
Ahead of the BRICS 2025 summit, India’s Prime Minister Narendra Modi is on a 5-nation tour to Ghana, Namibia, Trinidad and Tobago, Argentina, and Brazil. His last stop is in…
BRICS currency trade initiatives serve as protection against geopolitical vulnerabilities, not global de-dollarisation, according to a senior MEA official. The clarification addresses de-dollarization concerns while emphasizing that India foreign exchange…
BRICS member China has increased its quota on foreign investments as the country is receiving an influx of funds from institutional clients. Foreign funds have been entering the Chinese stock…
The BRICS alliance will discuss the rare earth elements (REEs) supply and exports at the upcoming 2025 summit. The 17th summit is scheduled on July 6 and 7 in Brazil’s…
Iran’s Parliament has officially banned Elon Musk’s Starlink satellite internet service. This move is sending shockwaves through the global tech industry. Iran’s Starlink ban comes as part of a broader…
A new banknote is looking to challenge the US dollar by making other developing countries start trading in it. Every emerging economy is dumping the greenback and settling trade in…
India has taken a leading role in BRICS digital innovation, hosting a Virtual Capacity Building Session on Digital Transformation that brought together digital leaders from across BRICS nations. The Department…