BRICS Summit: Modi, Putin and Xi Expected on Same Platform in Delhi
The Delhi summit is expected to highlight BRICS’ agenda, India’s multipolar diplomacy, and discussions on local-currency trade and de-dollarization.
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.
Mumbai will host the second Global Impact Forum on September 5 and 6, 2026, ahead of the 18th BRICS Summit in New Delhi, bringing together cultural exchange, business networking and startup pitches across BRICS countries.
India will chair a two-day meeting of BRICS finance ministers in New Delhi to explore financial mechanisms, digital currencies, and ways to boost intra-bloc trade.
India frames proposed links between BRICS payment systems and central bank digital currencies as measures to lower costs and speed settlements.
India is facilitating negotiations ahead of the September summit in New Delhi, with discussions focused on consensus, practical trade measures and integrating newer members.
India’s BRICS chairmanship focuses on cooperation in trade, payments, innovation and climate resilience ahead of the New Delhi summit.
The BRICS Leaders’ Summit is expected to be held in New Delhi on 12 and 13 September, with most member states represented at head-of-state or head-of-government level.
The success of India’s BRICS presidency will depend on whether its initiatives retain momentum after the chair passes to China in 2027.