BRICS

NEW DELHI: The BRICS leaders have decided to extend invitations to five additional countries for membership in their alliance. South African President Cyril Ramaphosa, the host of the three-day summit in Johannesburg in August 2023, announced that Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) have received invitations to join the BRICS. […]

NEW DELHI: The world’s economic stage stands at the brink of a significant transformation, as the BRICS nations consider introducing a groundbreaking currency in 2024. This potential move signifies a crucial milestone in the bloc’s efforts to reduce reliance on the US dollar, sparking intense discussions among experts and analysts. The addition of five new […]

BRICS and India The acronym BRIC was coined by James O’Neill of Goldman Sachs in 2001 for the emerging economies of Brazil, Russia, India, and China. It brought out the significance of these countries in the global economic order that also had certain degrees of similarities in their economic trajectory and faced similar challenges. In […]

Pakistan’s recent bid to join the BRICS (Brazil, Russia, India, China, and South Africa) grouping raises concerns that go beyond mere expansion. While the BRICS nations have shown openness to widening their membership, Pakistan’s inclusion could prove detrimental for three compelling reasons. Firstly, the economic dynamics within BRICS, a coalition that already challenges the G7 […]

NEW DELHI: Pakistan’s recently appointed Ambassador to Russia, Muhammad Khalid Jamali, revealed during a recent interview that Pakistan has submitted a membership application to join the BRICS group of nations in 2024. This information was reported by the Russian news agency TASS. Originally formed in 2010, the BRICS union comprised Brazil, Russia, India, China, and […]

NEW DELHI: In a seismic political shift, Argentina’s recently elected right-wing populist, Javier Milei, has vowed to steer the nation away from the BRICS alliance, marking a departure from the geopolitical norm and signalling a potential realignment in global economic dynamics. The maverick president-elect, who rode the wave of anti-establishment sentiment to victory, has not […]

NEW DELHI: India’s External Affairs Minister, S Jaishankar, is set to represent the country at the BRICS virtual summit hosted by South Africa on Tuesday. During the summit, leaders from Brazil, Russia, India, China, and South Africa will engage in discussions, including the ongoing conflict between Israel and Hamas. South African President Cyril Ramaphosa will […]

Control of the Indian Ocean region is critical for China’s economy, and its strategic ambitions.

While India wants a multi-polar world, China might prefer a large anti-West forum.

Indian officials refuted Chinese authorities’ claim that Modi-Jinping meeting was organized at New Delhi’s request