BRICS

  • 3 mins

Xi Jinping health rumors swirl after early BRICS departure

Unverified claims about Chinese President Xi Jinping's health have swept across social media this week after he skipped a gala dinner at the BRICS summit in New Delhi and returned to China earlier than expected, prompting official pushback from both…

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Modi warns against weaponizing critical minerals at BRICS summit in New Delhi

Indian Prime Minister Narendra Modi on Sunday cautioned that the "weaponization of technology and critical minerals" could undermine global development, delivering the warning at the BRICS summit in New Delhi with Chinese President Xi Jinping seated alongside him — a…

India, Russia working on digital currency trade settlement, Sberbank CEO says

India and Russia have begun working on a digital currency settlement mechanism for bilateral trade, with the two countries' central banks examining how state-issued currencies could be used for cross-border payments, Sberbank Chief Executive Officer Herman Gref said on Friday…

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Modi, Putin vow deeper ties on eve of BRICS summit

Russian President Vladimir Putin arrived in New Delhi on Friday for a three-day visit, holding bilateral talks with Indian Prime Minister Narendra Modi ahead of the 18th BRICS Summit scheduled for September 12 and 13. The meeting, their second in…

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Putin slams West’s ‘ugly’ tactics at BRICS forum in New Delhi

World leaders convened in New Delhi on Friday for the BRICS Business Forum, the flagship private-sector event of India's 2026 BRICS presidency, as the expanded bloc seeks to project economic unity ahead of the 18th Leaders' Summit on Saturday and…

BRICS nations discuss linking payment systems and CBDCs, RBI governor says

Members of the BRICS bloc are in active discussions about linking their national fast payment systems and central bank digital currencies, Reserve Bank of India Governor Sanjay Malhotra confirmed on Tuesday in Mumbai, marking a step forward in the group's…

BRICS dollar alternatives no longer a ‘fantasy,’ economist O’Neill says

Jim O'Neill, the economist who coined the term "BRIC" in 2001 while at Goldman Sachs, has shifted his stance on the bloc's ability to develop alternatives to the U.S. dollar, telling Reuters Thomson Reuters Corporation that recent advances in payment…