February 22, 2026 6:29 PM

Brazilian President Lula calls India a ‘democratic brother of the Global South’, sets $30 billion trade target

Brazilian President Luiz Inacio Lula da Silva on Sunday described India as a “democratic brother of the Global South” and set an ambitious target of raising bilateral trade to $30 billion, underscoring the growing strategic and economic partnership between the two countries. Speaking at the India-Brazil Economic Forum in New Delhi during his fifth visit to India, President Lula highlighted the deep-rooted similarities between the two nations and emphasised that their relationship is built o...

February 22, 2026 5:15 PM

India, Brazil ink MoU to boost postal cooperation

India and Brazil on Sunday signed a Memorandum of Understanding (MoU) to strengthen cooperation in the postal sector, marking a significant step forward in expanding bilateral collaboration in postal services, digital transformation, and inclusive service delivery. The agreement was signed by Union Minister for Communications Jyotiraditya M. Scindia and Brazil’s Minister of Communications Frederico de Siqueira Filho during the State Visit of Brazilian President Luiz Inácio Lula da Silva to I...

February 22, 2026 6:29 PM

Piyush Goyal urges India-Brazil trade expansion beyond $15 billion

Union Commerce and Industry Minister Piyush Goyal on Saturday called for a significant expansion of India-Brazil trade beyond the current $15 billion, urging businesses from both countries to pursue deeper collaboration in defence, renewable energy, pharmaceuticals and emerging technologies. Addressing the plenary session of the India-Brazil Business Forum in New Delhi, Goyal noted that bilateral trade had grown by 25 per cent in the past year to reach $15 billion but described the figure as ...

February 22, 2026 11:44 AM

India, Brazil sign MoU to strengthen MSME cooperation and promote green transition

India and Brazil on Saturday signed a Memorandum of Understanding (MoU) to deepen cooperation in the Micro, Small and Medium Enterprises (MSME) sector and advance sustainable development initiatives, including the green transition. The agreement was signed during the ongoing visit of Brazilian President Luiz Inacio Lula da Silva to India. The MoU was inked between India’s Ministry of MSME and Brazil’s Ministry of Entrepreneurship, Micro and Small Enterprises, reflecting the growing economic...

February 22, 2026 11:43 AM

India, Brazil sign MoU to boost cooperation in pharmaceutical and medical product regulation

India and Brazil on Saturday exchanged a Memorandum of Understanding (MoU) aimed at strengthening bilateral cooperation in the regulation of pharmaceutical and medical products, marking a significant step in expanding health sector collaboration between the two countries. The MoU was signed between India’s Central Drugs Standard Control Organisation (CDSCO) and Brazil’s Brazilian Health Regulatory Agency (ANVISA) at Hyderabad House. The agreement was exchanged by ANVISA Director-President L...

February 21, 2026 4:30 PM

India and Brazil Sign MoU to Strengthen Steel Supply Chain Cooperation

India and Brazil signed a Memorandum of Understanding (MoU) on Saturday to enhance cooperation in mining and minerals required for the steel sector. The MoU was exchanged in the presence of Prime Minister Narendra Modi and President Luiz Inácio Lula da Silva of Brazil at Hyderabad House, New Delhi. The agreement provides an institutional framework for strengthening bilateral cooperation across the steel value chain, with a focus on promoting reliable and sustainable development of key raw mat...

February 19, 2026 5:01 PM

‘Digital world returns to its homeland’: Brazil President Lula hails India AI Impact Summit 2026

Brazil President Luiz Inacio Lula da Silva on Thursday hailed India’s hosting of the AI Impact Summit 2026, stating that the “digital world has returned to its homeland” and emphasising the need for inclusive global governance of artificial intelligence. He also highlighted India’s historical contributions to mathematics and computing. “Here in Delhi, the digital world returns to its homeland. It was Indian mathematicians who bequeathed to us, more than 2,000 years ago, the binary sys...

February 13, 2026 3:08 PM

Precious metals surge 1-2 pc over value buying at support levels

Gold and silver prices surged on Friday as investors took to value buying after prices moderated due to huge declines in the previous session. MCX gold April futures gained 1.08 per cent to Rs 1,54,480 per 10 grams on an intra-day basis. Meanwhile, MCX silver March futures added 2.59 per cent to Rs 2,42,564 per kg. "Gold has recovered post the January end collapse and is well on its way to what we believe should be $6,000 per ounce levels by CY26 end," said Sandip Raichura, CEO of Retail Broki...

January 22, 2026 9:58 PM

PM Modi speaks with Brazil President Lula on strengthening bilateral ties

Prime Minister Narendra Modi on Thursday held a telephone conversation with Brazilian President Luiz Inacio Lula da Silva, during which the two leaders reaffirmed their commitment to further strengthening the India-Brazil Strategic Partnership. Recalling their meetings last year in Brasilia and on the sidelines of international engagements in South Africa, PM Modi and President Lula expressed satisfaction over the steady progress made in bilateral cooperation across a wide range of sectors. The...

December 3, 2025 10:42 AM

Brazil’s Lula and Trump discuss trade, sanctions in phone call

U.S. President Donald Trump and Brazilian President Luiz Inacio Lula da Silva discussed trade, the economy and fighting organized crime in a phone call on Tuesday, both sides said. Speaking to reporters at the White House, Trump said the two men also discussed sanctions - an apparent reference to his administration's targeting of Brazil's judiciary over the criminal case of right-wing former President Jair Bolsonaro. Trump said he and Lula "had a great talk. We talked about trade. We talked ab...