The New Development Bank and Narayana Health signed an MoU during a BRICS meeting in Jaipur to share expertise in digital health, data systems and technology innovation.
Chinese and Russian representatives in India reaffirmed support for India’s BRICS chairship at an ambassadors’ roundtable discussion in New Delhi.
The article explains that international law does not mandate the use of the US dollar in trade and examines BRICS efforts to promote local-currency transactions, alternative payment systems, and India’s role in financial diversification.
Dilma Rousseff, president of the BRICS New Development Bank, met Iran’s central bank chief during a BRICS meeting in India to discuss Iran’s accession to the bank.
India’s BRICS Summit agenda will emphasize development finance and emerging-economy priorities, while common currency and further expansion are expected to receive limited traction.
A parliamentary panel questioned whether India will advance de-dollarisation and financial sovereignty issues at the BRICS summit, while the government has opposed a common BRICS currency.
At a BRICS finance seminar in Jaipur, India’s finance minister highlighted the New Development Bank’s role in attracting private capital through stronger investment frameworks and risk sharing.
An analysis by Nilanjan Ghosh examines how BRICS could translate greater Global South representation into development financing, connected infrastructure and innovation cooperation.
Iranian Central Bank Governor Abdolnaser Hemmati said Iran will soon become a member of the New Development Bank, the BRICS-established lender, ahead of a BRICS finance ministers and central bank governors meeting hosted by India.
