A study supported by the Russian Ministry of Finance highlights the significant financing market potential for research, development, and venture investments within the bloc.
BRICS foreign ministers will convene in New Delhi to discuss payment connectivity and trade settlements aimed at reducing reliance on the US dollar.
Deputy Head of Russian Presidential Administration Maxim Oreshkin highlights the shift of global economic poles to BRICS and the decline of G7 currencies at the ‘Future of the World’ dialogue.
As US influence wanes, the Russia-India-China (RIC) triangle is strengthening ahead of the 2026 BRICS Summit in India, challenging the US-centric global order through de-dollarization and defense cooperation.
An expert analysis contrasts the G20’s lack of enforcement mechanisms with BRICS’ tangible institutional developments like the New Development Bank and payment systems.
India is leveraging welfare payment pilots to boost central bank digital currency adoption ahead of a proposed BRICS-wide CBDC linkage at the 2026 summit.
India’s Reserve Bank proposes linking Central Bank Digital Currencies of BRICS nations for the 2026 summit agenda to facilitate faster cross-border payments.
National Academy of Direct Taxes launches week-long training program for tax officials from BRICS nations under India’s 2026 BRICS chairmanship, focusing on international taxation and base erosion issues.
Amidst NATO rifts and US-Iran tensions, Putin’s visit to India for the BRICS summit signals a shift in global power dynamics, with BRICS emerging as a strong alternative bloc.
