Summary India has articulated a vision for BRICS structured around four main pillars: Resilience (supply chain, health), Innovation (digital public infrastructure, AI, fintech), Cooperation (reformed ...

New Delhi [India]: External Affairs Minister S Jaishankar, representing Prime Minister Narendra Modi at the virtual BRICS Leaders' Summit on Monday, raised concerns over global instability caused by ...

The global financial system has traditionally been controlled by Western institutions and currencies, notably the US dollar.

India and Brazil can trade in their own currencies and do not need to rely on the US dollar for bilateral deals,” Lula added. Speculation about a Brics currency has swirled i ...

Ryabkov said the bloc has no potential beyond improving logistics and ensuring greater protection from sanctions, and that security must be “ensured by other means.” ...

Nigeria recorded a 117.04 per cent surge in capital inflows from three BRICS countries — China, India, and South Africa — in the first nine months of 2025, as investors responded to growing portfolio ...

TASS-FACTBOX. On September 8, 2025 an online summit of the BRICS interstate association is scheduled to take place. The meeting is organized by the alliance's rotating chair Brazil, at the initiative ...

The world's emerging economies are no longer simply complaining about a financial system built for someone else's benefit.

What are the objectives of Brics as a group? The acronym “Bric” was coined by Goldman Sach’s chief economist Jim O’Neill in 2001, identifying the then fastest-growing major economies -Brazil, Russia, ...