SHOCKING: Brics | Mind Blowing Facts

BRICS economies must shape global tax rules for next generation, says FM Sitharaman

Finance Minister Nirmala Sitharaman said BRICS countries need to ensure their views are reflected in the new global tax rules, as decisions taken in the next few years could shape cross-border taxation for a generation.

The Economic Times · Sep 23

New wave of Houthi missile strikes in southern Saudi Arabia, claims Iran's Press TV

A new wave of Houthi missile strikes was reported towards Saudi Arabia, with warnings issued and later lifted for residents in Khamis Mushait and Abha, according to Iranian state media and Al Jazeera. The strikes come as Yemen's western coast faces severe healthcare disruptions, while BRICS nations call for restraint…

The Economic Times · Sep 14

President Putin proposes BRICS grain market, insurance framework to counter global pressures

Russian President Vladimir Putin proposed new initiatives for BRICS economic growth. He called for a holistic approach to address global challenges effectively. Putin highlighted the growing global stature and independent course of the BRICS grouping. The bloc's expansion and partner countries underscore its increasing influence. BRICS represents a significant portion…

The Economic Times · Sep 13

BRICS Summit 2026: Putin’s India visit puts trade, defence and Ukraine peace efforts in focus

Russian President Vladimir Putin arrived in India for a three-day visit. He will meet Prime Minister Narendra Modi and attend the BRICS summit. Bilateral trade, investment, energy, and defense ties will dominate the agenda. The Russia-Ukraine war and peace efforts are also expected to be discussed. Putin's participation marks his…

The Economic Times · Sep 11

India needs stronger export push as energy imports drive trade deficits with BRICS nations: BRICS CCI Chairman

India must increase exports to BRICS nations to counter trade deficits from energy imports. Greater focus is needed on export promotion and technology sharing among member countries. Businesses should increasingly use local currencies and digital payments for trade transactions. Logistical challenges are being addressed through exploring new trade routes like…

The Economic Times · Sep 10

India to work with BRICS partners to expand opportunities for women-led enterprises in global trade: Piyush Goyal

Piyush Goyal urged BRICS nations to boost women entrepreneurs in global trade. India shared its success in financial inclusion and collateral-free loans for women. The minister highlighted efforts to increase female workforce participation significantly. BRICS countries agreed to explore a common platform for international trade. This initiative aims to integrate…

The Economic Times · Sep 10

Delhi airport operationalises Pier C at T3, raises international passenger capacity by 50% ahead of BRICS

Delhi airport operator DIAL is preparing for the BRICS Summit with a new terminal pier. Pier C at Terminal 3 will handle international flights starting September 9. Dedicated immigration counters are planned for summit participants arriving in New Delhi. This operationalisation will increase the airport's international passenger capacity significantly. Preparations…

The Economic Times · Sep 9

US Tariff Threats Could Push BRICS Toward the Rival Bloc Washington Fears, Report Warns

A Quincy Institute report argues that US tariff threats against BRICS nations may inadvertently strengthen their unity, as the coalition seeks alternatives to US financial dominance.

International Business Times UK · Sep 6

Iran to join BRICS development bank soon, central bank governor Abdolnaser Hemmati says

Iran plans to join the New Development Bank soon. This move comes as the nation faces international sanctions and seeks alternative financial channels. Iran joined BRICS in 2024 and desires shareholder status in the NDB. The bank was established by BRICS nations to finance development projects. BRICS members aim to…

The Economic Times · Aug 13

BRICS nations need stronger frameworks to mobilise private capital at scale: Nirmala Sitharaman

Nirmala Sitharaman urged BRICS nations to foster stability for attracting private capital. Multilateral development banks can de-risk investments and boost project bankability. India has strengthened its infrastructure through public spending and reforms. Public investment acts as a catalyst for private sector participation. Future development finance relies on partnerships between governments…

The Economic Times · Aug 12