BRICS

The Trump administration’s decision to impose 50 per cent tariffs on Indian goods could push India to expand trade with other countries, potentially strengthening BRICS, a US economist has warned. “If the United States shuts itself off to…
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In a coordinated and strongly worded diplomatic rebuttal, the BRICS nations — Brazil, Russia, India, China, and South Africa — have united to denounce the European Union’s Carbon Border Adjustment Mechanism (CBAM), calling it a veiled trade…
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U.S. President Donald Trump announced a 25% tariff on all Indian goods entering the United States, effective August 7, 2025, accompanied by an unspecified penalty linked to India’s continued purchases of Russian oil and military equipment.…
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International Monetary Fund (IMF) declared India the global leader in fast digital payments, driven by the meteoric rise of the Unified Payments Interface (UPI). According to the IMF’s Fintech Note, Growing Retail Digital Payments: The…
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Brazilian President Luiz Inácio Lula da Silva announced the formation of an interministerial committee to coordinate economic and trade countermeasures in response to U.S. President Donald Trump’s proposed 50% tariff on all Brazilian…
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Just as a long-awaited trade deal between India and the U.S. appeared close to completion, U.S. President Donald Trump issued a sharp warning to New Delhi over its continued engagement with the BRICS bloc, threatening additional tariffs.…
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Prime Minister Narendra Modi reached Brazil on Sunday (Saturday evening local time), marking the fourth stop of his ongoing five-nation diplomatic tour. After concluding high-profile visits to Ghana, Trinidad and Tobago, and Argentina, Modi…
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India on Friday pitched for placing small and marginal farmers at the centre of global agricultural strategies, saying they cannot face climate change, price volatility and resource scarcity challenges alone. Speaking at the 15th BRICS…
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President Donald Trump on Thursday cautioned BRICS member countries against replacing the US dollar as the global reserve currency, reiterating a threat of 100% tariffs that he had issued after winning the US elections in November. In a…
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The recently-concluded BRICS summit in Kazan, Russia, along with its symbolism and the 143-paragraph declaration reflects the sharpening geopolitical faultlines across the world, and the group’s diminishing utility for India’s interests.…
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