FORGOTTEN HISTORY: 7 - Caught on Camera

A $6 trillion strong bloc: BRICS now accounts for 24% of global exports, says Piyush Goyal

Commerce Minister Piyush Goyal said BRICS nations’ exports rose sharply from about $900 billion in 2003 to $6 trillion in 2024, while their share of global exports nearly doubled to about 24%. He made the remarks at the BRICS Business Forum in New Delhi, attended by PM Modi and Vladimir…

The Economic Times · Sep 11

BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffs

BRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased local currency use in trade and investment activities. The bloc criticized unilateral tariffs and trade measures, supporting a rules-based multilateral trading system. Work continues on cross-border payment systems and strengthening the New Development…

The Economic Times · Sep 11

BRICS summit: 37 deep-tech innovations on display at Bharat Innovates Exposition on Sep 11-12

India's 37 deep-tech innovations are showcased at the Bharat Innovates Exposition in New Delhi. This event occurs on the sidelines of the upcoming BRICS summit, highlighting advanced technologies. The exposition aims to foster global collaboration and investment in India's innovation ecosystem. Participating startups will gain access to BRICS leaders, investors,…

The Economic Times · Sep 11

Salman Khurshid urges Centre to include Opposition in India’s BRICS consultations

Congress leader Salman Khurshid stated India's BRICS representation should include the entire country. He urged the Union government to consult the Opposition on BRICS matters. BRICS represents a significant share of global population, trade, and emerging economic strength. India's BRICS chairship this year carries significant international expectations and responsibility. The…

The Economic Times · Sep 11

BRICS flags unilateral tariffs, trade barriers as global risks

BRICS finance ministers voiced serious concerns over unilateral trade measures. Higher tariffs and non-tariff barriers are distorting global trade and adding risks. The global economic outlook remains under pressure from geopolitical tensions. Trade fragmentation and protectionism also contribute to economic instability. Policy uncertainty and financial vulnerabilities add to the global…

The Economic Times · Sep 11

BRICS can boost local-currency trade with deeper financial markets, stronger banking links: Experts

BRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transactions. Linking payment platforms and exploring CBDCs will speed up cross-border payments. Reducing non-tariff barriers will also enhance intra-BRICS trade significantly. Greater trust and business partnerships are key for future economic…

The Economic Times · Sep 11

BRICS Summit 2026: China, India arranging Xi-Modi bilateral meeting

China and India are arranging a bilateral meeting between their leaders. President Xi Jinping will travel to India this weekend for a BRICS summit. China's foreign ministry stated they will approach bilateral ties strategically. They aim to enhance communication and cooperation while managing differences. Xi will attend the summit and…

The Economic Times · Sep 11

Modi-Xi Jinping meeting: Border ties, trade on the agenda as Chinese President gears up for India visit

Chinese President Xi Jinping will visit India for the BRICS Summit this Saturday. His visit aims to stabilize India-China relations after years of strained interactions. The meeting with Prime Minister Modi will focus on border issues and economic cooperation. Both leaders will discuss managing the boundary dispute and trade imbalances.…

The Economic Times · Sep 11

BRICS leaders arrive in India ahead of two-day summit as global conflicts set to take centre stage

Chinese President Xi Jinping is also set to attend the two-day summit, in what would be his first visit to India since 2019.

Euronews · Sep 11

India's BRICS play may have a payment plan with no hard cash

India is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems and CBDCs to make cross-border transactions faster and cheaper. The story traces India’s opposition to a new BRICS currency, Trump’s tariff threats, the RBI’s push for CBDC interoperability, and…

The Economic Times · Sep 11