BRICS

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Automotive, EVs & Mobility Just now (06:45 PM IST)

India Likely to Back BRICS Payments Link, Not Common Currency, at Summit

India is expected to resist any push for a common BRICS currency at the September 12-13 summit, instead favouring a more practical route: linking national payment systems and central bank digital currencies to speed up cross-border trade. The approach reflects New Delhi’s long-standing caution on monetary integration, while also responding to tariff pressure from the Trump camp and the need to reduce friction in trade settlement.

By RDU Global Wire5 min read

Automotive, EVs & MobilityJust now (03:39 PM IST)

India Likely to Back BRICS Payments Links, Not a Common Currency

India is expected to resist any push for a common BRICS currency at the September 12-13 summit, preferring a more practical route: linking national payment systems and central bank digital currencies to speed up cross-border trade. The approach reflects New Delhi’s long-standing caution on monetary integration, while also responding to rising pressure from tariff threats and the need to lower transaction costs for exporters and importers.

5 min readRead →

India & World Affairs5h ago

Jaishankar Says BRICS and UN Are Not Rivals, Calls for Reform-Driven Global Order

External Affairs Minister S. Jaishankar said it is a "false choice" to frame BRICS and the United Nations as competing alternatives, arguing that smaller groupings are meant to support, not supplant, the global body. Speaking in New York on the margins of the UN General Assembly, he said BRICS reflects bottom-up pressure for reform and alternative thinking within the international system.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside BRICS:

Reserve Bank of India(2)Donald Trump(2)New Delhi(1)India(1)