BRICS | DD News

October 23, 2024 6:38 PM

Russia says ‘unprecedented’ cyber attack hits foreign ministry amid BRICS summit

The Russian Foreign Ministry was targeted by a severe cyber attack on Wednesday, coinciding with the major BRICS summit taking place in the country, spokeswoman Maria Zakharova said. Earlier Zakharova said that the ministry had been targeted by a large-scale distributed denial-of-service attack (DDoS). "A massive cyberattack from abroad began this morning on the infrastructure of the official website, the Russian Foreign Ministry's portal," Zakharova said. She noted that the ministry regularl...

October 23, 2024 6:35 PM

BRICS leaders tout joint finance, trade projects at Russian summit

Leaders of the nations in the BRICS grouping, which accounts for 37% of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system. Russia's President Vladimir Putin, who has sought support from BRICS leaders amid his standoff with the West over the war in Ukraine, said that BRICS' average economic growth in 2024/25 would be 3.8%, compared to global growth of 3.2-3.3%. "T...

October 23, 2024 5:23 PM

PM Modi calls climate change a ‘common priority’ for BRICS nations, highlights India’s initiatives

Prime Minister Narendra Modi on Wednesday emphasized the significance of climate change as a 'common priority' at the BRICS Leaders' Summit in Kazan, held under Russia's presidency. “I want to thank President Putin for the successful organization of the 16th BRICS Summit. I once again heartily welcome the new colleagues associated with BRICS. In its new form, BRICS represents 40% of the world's population and about 30% of the global economy,” PM Modi said during his address. He further dis...

October 23, 2024 4:44 PM

Russia’s Putin outlines BRICS grain exchange proposal

Russia proposed the creation of a BRICS grain exchange, which could later be expanded to trade other major commodities, President Vladimir Putin said in opening remarks to a summit of leaders of the BRICS countries on Wednesday. "BRICS countries are among the world's largest producers of grains, legumes, and oilseeds. In this regard, we proposed opening a BRICS grain exchange," Putin told the leaders. He added that the exchange "will contribute to the formation of fair and predictable price in...

October 23, 2024 4:05 PM

PM Modi and Chinese President Xi discuss Ukraine war with Putin as BRICS considers expansion

China's Xi Jinping, PM Narendra Modi and some other BRICS leaders discussed the war in Ukraine with President Vladimir Putin as the Kremlin chief chaired a major summit aimed at showing Western attempts to isolate Russia have failed. BRICS - an idea thought up inside Goldman Sachs two decades ago to describe the growing economic clout of China and other major emerging markets - is now a group that accounts for 45% of the world's population and 35% of the global economy. But there are divisions...

October 22, 2024 9:21 AM

India attaches immense importance to BRICS, says PM Modi as he embarks on Russia visit

Prime Minister Narendra Modi on Tuesday embarked on a two-day visit to Kazan, Russia, to attend the 16th BRICS Summit, underscoring that India attaches immense importance to the grouping. Sharing a post on X ahead of his departure, PM Modi wrote, "Leaving for Kazan, Russia, to take part in the BRICS Summit. India attaches immense importance to BRICS, and I look forward to extensive discussions on a wide range of subjects. I also look forward to meeting various leaders there." The Prime Minister...

October 22, 2024 8:47 AM

Prime Minister Narendra Modi departs for Russia to attend BRICS Summit in Kazan

Prime Minister Narendra Modi on Tuesday departed for his two-day visit to Russia to attend the BRICS Summit in Kazan. The 16th BRICS Summit in Kazan is being held under the chairmanship of Russia from October 22-24. During his visit, PM Modi is also expected to hold bilateral meetings with his counterparts from BRICS member countries and invited leaders in Kazan. The Ministry of External Affairs (MEA) said, "The Summit, themed 'Strengthening Multilateralism for Just Global Development and Secur...

October 18, 2024 9:02 PM

BRICS countries drive global economic growth, exceed GDP of G7 nations: Putin

Russian President Vladimir Putin highlighted the rising economic influence of BRICS nations, saying that their combined GDP now exceeds $60 trillion, surpassing that of the G7 countries. Speaking at the BRICS Business Forum in Moscow on Friday, Putin emphasized the growing importance of the BRICS bloc—comprising Brazil, Russia, India, China, and South Africa—in shaping the global economy. Putin said that BRICS countries have become key drivers of global economic growth, predicting that they...

September 27, 2024 4:56 PM

EAM Jaishankar meets UN Chief Guterres, discusses Pact for Future, climate action

India's External Affairs Minister, S Jaishankar, met with United Nations Secretary-General Antonio Guterres on Thursday, engaging in critical discussions on global issues including the Pact for the Future, climate action, and the ongoing conflicts in West Asia and Ukraine. The meeting highlighted India's active role in shaping global policy through multilateral engagement. In a post on X, Jaishankar said, "Always a pleasure to speak with UN Secretary-General Antonio Guterres. Discussed the Pact...

September 16, 2024 3:25 PM

“Peace in border areas, respect for LAC essential for normalcy in India-China ties”: NSA Ajit Doval at BRICS summit

India's National Security Adviser Ajit Doval met with Chinese Foreign Minister Wang Yi on Thursday in St. Petersburg, Russia. The meeting took place on the sidelines of the BRICS High-Ranking Officials Meeting on Security Matters, according to a press release from the Ministry of External Affairs. During the talks, Doval said that peace and tranquility in border areas, along with respect for the Line of Actual Control (LAC), are paramount for restoring normalcy in India-China relations. This st...