BRICS at a Turning Point: India’s Leadership and the Road Ahead
An analytical article examines India’s BRICS presidency and argues for pragmatic economic cooperation in trade, finance, supply chains, critical minerals and maritime logistics.
Finance
BRICS Summit 2026: Can the Delhi Meet Move BRICS From Talk to Action?
The Delhi Declaration tests whether BRICS can convert consensus among diverse emerging powers into practical cooperation.
In a World of Regime Complexity, What Does India Want from BRICS?
The article analyzes India’s BRICS chairship and the New Delhi Declaration, arguing that New Delhi favors a flexible, issue-based BRICS that supports development finance, global governance reforms, and Global South representation.
From May Deadlock to Delhi Consensus: How India Found the Words BRICS Could Agree On
India’s 2026 BRICS chairship moved the grouping from a May foreign ministers’ deadlock to a unanimous September New Delhi Declaration through multi-level consultations and consensus language.
Local-currency trade gets push amid de-dollarisation buzz, no word on BRICS currency
India’s government said no BRICS common currency proposal is under consideration, while local-currency settlement remains a practical focus for reducing trade transaction costs.
BRICS agree on maximum restraint in Middle East and rejection of unilateral economic sanctions
BRICS also expressed serious concern over deliberate attacks on civilian infrastructure and peaceful nuclear facilities under IAEA safeguards.
11 Key Takeaways From the New Delhi Declaration
BRICS leaders adopted the New Delhi Declaration at the 18th BRICS Summit, covering West Asia tensions, UN reform, de-dollarisation and AI governance.
BRICS Backs Easier Finance For MSMEs, Invoice Discounting Mechanism Under Study
BRICS reaffirmed support for MSME financing, credit assessment frameworks, digital trade finance and a proposed invoice discounting mechanism at the New Delhi Summit.
No proposal for BRICS currency as of now, says MEA
India’s External Affairs Ministry said there is no current proposal for a common BRICS currency, while the BRICS Payment Task Force continues exploring local-currency settlement and cross-border payment mechanisms.