Bengaluru: Karnataka Minister for Minor Irrigation, Science and Technology N.S. Boseraju on Tuesday called for closer ...

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 ...

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 ...

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, ...

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

Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. Heads of state and government of member, partner, and external engagement ...

When British economist Jim O’Neill coined the term BRIC in 2001, predicting the ascent of Brazil, Russia, India, and China, he could not have anticipated that the analysis would evolve into a ...

Heads of state and government of member, partner, and external engagement countries attend a plenary session of the BRICS summit in Rio de Janeiro, Brazil, on July 7, 2025. [AFP] Recently the French ...

Former diplomat V.B. Soni highlights the importance of the India-China strategic dialogue, stating China now recognizes India's leadership role in BRICS is essential for the bloc's success, especially ...

New Delhi will chair the grouping at a moment when the global order is fragmenting, technology is becoming a primary arena of ...