BRICS Summit: India pushes practical cooperation as China, Russia pitch their priorities
As the two-day Brics Summit concluded, Modi stressed resilient supply chains and inclusive technology, while Xi proposed initiatives spanning AI, trade and manufacturing
Outcomes of the Brics summit exceeded expectations
Experts say a shared BRICS satellite constellation with common Earth observation and a risk and revenue model could lower data costs and help reduce space debris
Brics summit commits to AI governance, a proposed startup fund, and highlights India's AI Impact Summit and financial-hub initiatives as the bloc courts founders and investors across the Global South
FISME said Brics cooperation should move beyond sharing experiences and create mechanisms that help smaller firms trade, invest and adopt technologies
COAI says the New Delhi Declaration's focus on telecom infrastructure and interoperable ICT security standards reflects approaches already adopted by Indian operators
The BRICS should leverage its close ties with emerging markets and Global South to safeguard supply chains, and foster a large integrated market, Chinese President Xi Jinping said on Sunday as he proposed a five-point initiative to boost trade, manufacturing, investment, and technology cooperation. In an address at the concluding session of the BRICS Summit, he called upon the leaders of the grouping to work towards writing a "new chapter of strength through unity for the Global South," asserting that the logic that "might makes right" should have been discarded long ago. "A world without rules is like a crossroads without traffic lights, where chaos and disorder are all but guaranteed. Fairness and justice is a universal aspiration, and international rules must be written by all countries," he said. Xi said the Global South countries should jointly "defend the rule of law in international affairs, safeguard the basic norms of international relations including sovereign equality, ..
Russian President Vladimir Putin on Sunday proposed a new insurance mechanism and a collaborative initiative for the grain market among the BRICS nations as he called upon the grouping to adopt a holistic approach in combating pressing global challenges. Putin proposed the new initiatives for economic growth among the BRICS member nations as well as the Global South nations amid crippling sanctions imposed by the Western powers on Moscow for its war on Ukraine. The G-7 countries, the European Union and the UK prohibited Western companies from insuring any ship transporting Russian crude unless the oil was purchased at or below a specified price cap. The sanctions relating to the insurance sector have adversely impacted Russian crude oil exports. "We have independent routes for moving capital, labour and technologies. In fact, we can operate regardless of outside pressure," Putin said at the concluding session of the 18th BRICS summit here. "We have some promising initiatives going
BRICS must expand trade in national currencies and work towards an inclusive global economic framework as excessive dependence on existing financial and trade systems has made emerging economies vulnerable to political shocks, Iranian President Masoud Pezeshkian said on Sunday. In an address at the concluding session of the two-day BRICS summit, Pezeshkian, taking a swipe at Western powers, was also critical of "unilateral sanctions", saying they are directly impacting global food security and people's welfare. The Iranian leader's remarks came weeks after the US imposed new economic sanctions on Iran, tightening the squeeze on Tehran's finances amid ongoing military hostilities between the two sides. The Iranian president said BRICS had evolved beyond being merely a framework for cooperation among emerging economies and had become a manifestation of growing demand for a more balanced and inclusive world in which "no centre of power has the right to determine the destiny of ...
Eighty per cent of Indians are non-vegetarian and Indian non-vegetarian food is delicious, Congress leader Rahul Gandhi said on Sunday, a day after an all-vegetarian spread was served at a BRICS Summit gala dinner. Prime Minister Narendra Modi hosted the dinner for the leaders and delegates of the BRICS Summit at the Bharat Mandapam Saturday. In a post on social media platforms X, Facebook and Instagram, Gandhi wrote, "For the record: 80% of Indians are non-vegetarian. Indian non-vegetarian food is delicious. As are my sister's chole bhature." He also posted a picture of chole bhature on a dining table. The remarks of the Leader of Opposition in Lok Sabha came a day after the gala dinner, which featured an elaborate all-vegetarian menu. 'Khandvi mille', a feuille steamed gram-flour roll, and 'khumb galouti', pan-grilled mushroom kebabs with mint pearls, were served as starters The main course offered 'paneer lababdar', 'gucchi marmik' -- Himalayan morel mushrooms and tender aspar
Brics leaders issued a joint statement expressing concern over the West Asia conflict while criticising unilateralism, tariffs and sanctions, without naming the US
PM Modi said Brics must strengthen resilient supply chains and inclusive technology access, warning that critical minerals weaponisation could impede shared growth
Brics leaders will discuss resilience, innovation, cooperation and sustainability on Sunday as India hosts the second day of Brics summit
In view of the BRICS Summit, Delhi Traffic Police on Sunday issued a detailed advisory announcing diversions at 22 points and regulating vehicular movement on more than 35 roads. The restrictions will remain in place from 8 am to 8 pm on Sunday, the final day of the three-day summit being held at Bharat Mandapam in Pragati Maidan. Several important roads in central and south Delhi will be affected, including Sardar Patel Marg, Mother Teresa Crescent, Teen Murti Marg, Akbar Road, Tees January Marg, Rajesh Pilot Marg, Subramaniam Bharti Marg, Mathura Road, Moti Lal Nehru Marg, Dr Zakir Hussain Marg, Brigadier Hoshiyar Singh Marg, Africa Avenue Road, Satya Marg, Shanti Path, Janpath, Ashoka Road, Barakhamba Road, Tolstoy Marg, Ranjeet Singh Flyover, Niti Marg, Panchsheel Marg, Kemal Ataturk Marg, APJ Abdul Kalam Road, Press Enclave Road, Lal Bahadur Shastri Marg, Josef Broz Tito Marg and Lala Lajpat Rai Marg. At Dr Dinesh Nandini Dalmia Chowk, traffic on Mathura Road and Tilak Marg wil
Union ministers and chief ministers of several states on Saturday attended a gala dinner hosted by Prime Minister Narendra Modi in honour of the leaders of BRICS and other participating countries and organisations. The Union ministers, including Amit Shah, Nirmala Sitharaman, Piyush Goyal, Ashwini Vaishnaw, Shivraj Singh Chouhan, Sarbananda Sonowal, and Kiren Rijiju travelled together in two buses from the Parliament House complex amidst tight security. Lok Sabha Speaker Om Birla and chief ministers of various states -- Yogi Adityanath (Uttar Pradesh), Devendra Fadnavis (Maharashtra), Suvendu Adhikari (West Bengal), Himanta Biswa Sarma (Assam), Pushkar Singh Dhami (Uttarakhand), and Rekha Gupta (Delhi) -- also travelled in the buses along with the Union ministers to the dinner venue Bharat Mandapam. The ministers were allotted different tables where delegates from different countries joined them during the dinner. Separate dinner tables were curated in a way so that the attendees .
Concerns on trade imbalance, supply chain issues and market access to be addressed, says MEA
Brics leaders back deeper tax and customs cooperation under India's chairship, including new tax working groups, a customs pact and joint enforcement initiatives
Brics countries back the peaceful use of space technology and greater cooperation while reaffirming efforts to prevent an arms race and weaponisation in outer space
The Brics New Delhi Declaration calls for deeper legal cooperation on ADR, extradition, asset recovery, terrorism and accountability under international humanitarian law