India urged BRICS to champion sweeping reforms, calling global institutional overhaul ‘not a matter of choice, but of necessity.’ Seeking a ‘more representative’ UN Security Council and fairer financial systems, India warned that ‘reform is overdue’ to address modern challenges like supply chain fragility and energy insecurity.
A high-level BRICS delegation visited India’s GIFT City to examine its IFSC ecosystem ahead of India’s 2026 BRICS Chairship and Summit.
At the NDB annual governors’ meeting in Moscow, the bank outlined priorities for local-currency financing, digital financial tools, sustainable infrastructure, and broader Global South cooperation.
Representatives from BRICS countries toured India’s GIFT City to review IFSC capabilities and discuss cross-border finance and cooperation during India’s 2026 BRICS Chairship.
Seminar in Moscow highlights support for sustainable development priorities
Russian Foreign Minister cites projections showing BRICS growth rate at approximately 3.7% compared to a 2.6% global average, emphasizing the bloc’s significant share of global GDP.
Russian Prime Minister addresses the New Development Bank, highlighting BRICS’ economic weight surpassing G7 and EU.
An explainer contrasts BRICS and QUAD amid the BRICS foreign ministers’ meeting in New Delhi, outlining BRICS expansion, goals, and India’s strategic position ahead of its 2026 presidency.
The Reserve Bank of India successfully conducted the third meeting of the BRICS FinTech Working Group virtually, alongside broader BRICS Foreign Ministers’ engagement in New Delhi.
