RBI’s Digital Currencies Plan for BRICS Meet Holds Key to Quicker Global Payments
India’s Reserve Bank proposes linking Central Bank Digital Currencies of BRICS nations for the 2026 summit agenda to facilitate faster cross-border payments.
digital economy
Iran’s Hormuz Strait Toll Hits Petrodollar, Accelerates BRICS De-Dollarization
While the US is stepping up attacks on Iranian civilian infrastructure, the Hormuz Strait toll scheme in yuans and stablecoins is gaining steam.
End of dollar? Iran war pushing BRICS and Global South towards de-dollarization
BRICS nations accelerate efforts to bypass the dollar through BRICS Pay and India’s CBDC proposal, signaling a shift toward financial multipolarity amid growing geopolitical instability.
Putin pushes for stronger tech cooperation with BRICS, urges businesses to join new committee
Russian President emphasizes technological collaboration with BRICS nations during inaugural meeting of National Committee for Business Cooperation within BRICS.
Government and BRICS Bank Align Schedule for Smart Hospital
Brazilian Health Minister meets NDB President in Shanghai to discuss implementation of R$ 1.7 billion loan for high-tech medical facility.
A limited idea: RBI explores BRICS CBDC linkages to boost payment resilience
The Reserve Bank of India’s proposal focuses on risk management and trade continuity through interoperable digital currencies, rather than challenging dollar dominance.
BRICS Pay launches in digital stores focusing on QR code
New cross-border payment platform enables instant transactions using national currencies and QR codes among BRICS countries
What India Wants From BRICS
India seeks to reshape BRICS as a reformist power balancing Western and global south interests.
BRICS Pay: Revolutionizing Cross-Border Trade
New digital payment platform enables transactions between BRICS countries without US dollar intermediation