India to pitch central bank digital currencies to BRICS partners at summit
India plans to propose adoption of central bank digital currencies and seamless cross-border digital payments among BRICS members at the New Delhi summit.
India plans to propose adoption of central bank digital currencies and seamless cross-border digital payments among BRICS members at the New Delhi summit.
India will chair the 18th BRICS Summit and push for a voluntary supply-chain cooperation framework, trade in national currencies, global institutional reforms, and development-oriented outcomes.
India will host the 18th BRICS Summit in New Delhi as chair of the expanded grouping, seeking consensus among member states on trade, financial cooperation, and geopolitical challenges.
The article argues that BRICS payment cooperation expands local-currency trade settlement while participating countries retain existing monetary and reserve arrangements.
BRICS competition authorities have launched a joint inquiry into possible monopolies in the global grain trade and are exploring a bloc grain exchange.
India is seeking consensus on a joint statement amid concerns over BRICS members’ differences on the Iran–Israel conflict.
Preparatory discussions focus on territorial integrity, maritime commerce and diplomacy in West Asia as India seeks consensus ahead of the BRICS summit.
The Delhi summit is expected to highlight BRICS’ agenda, India’s multipolar diplomacy, and discussions on local-currency trade and de-dollarization.
Indian insurance regulator IRDAI has approved investment in the BRICS-backed New Development Bank’s Maharajah INR onshore rupee bonds, which the bank plans to use for sustainable development and infrastructure financing in India.