Interview: ‘BRICS is attempting to break the dollar’s hegemony’
Former UK cabinet member Vince Cable discusses India, China, Western dominance, and BRICS efforts to reduce dollar reliance.
Former UK cabinet member Vince Cable discusses India, China, Western dominance, and BRICS efforts to reduce dollar reliance.
Business leaders at the India Today BRICS Roundtable in New Delhi discussed cross-border trade, manufacturing, and investment opportunities within BRICS, with particular focus on India-South Africa business links.
The article analyzes whether the 18th BRICS Summit and the New Delhi Declaration reflect a substantive shift in India’s foreign policy or primarily signal diplomatic optics and consensus-building.
India is seeking to shift BRICS toward economic and technological cooperation, with emphasis on startups, supply chains, critical technologies, green energy, and global governance reform.
A Moneycontrol analysis finds that nearly $42 billion of Indian exports currently shipped to the US could potentially find alternative demand in BRICS+ markets if higher US tariffs disrupt trade.
The BRICS Bazaar in Delhi showcased handicrafts, artisan demonstrations and cultural exchanges from BRICS and participating countries.
Prime Minister Narendra Modi described the BRICS New Delhi Declaration as evidence of global credibility and linked it to India’s hosting of SEMICON India.
Analysis of the 18th BRICS summit in New Delhi examines India-China rapprochement, the joint statement, institutional initiatives, local-currency trade, UN reform, and membership expansion challenges.
UN Secretary-General Antonio Guterres said the BRICS New Delhi Declaration reflects a strong commitment to multilateralism and the United Nations’ central role in addressing global crises.