BRICS | DD News

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...

September 16, 2024 4:03 PM

India’s economic stride strengthening rupee’s internationalisation in new global landscape

As the global economic landscape undergoes significant transformations, India's rupee is steadily gaining international prominence. This shift comes amid growing efforts to reduce the dominance of the US dollar in global finance, particularly among BRICS nations. The rise of the rupee on the international stage is evident in recent developments. Commerce Secretary Sunil Barthwal revealed on Wednesday that rupee-rouble trade has seen a substantial increase, with 53 accounts now open for such tra...

September 16, 2024 6:01 PM

Russian Foreign Minister praises PM Modi’s visit, calls it successful, all bilateral issues discussed

Russian Foreign Minister Sergey Lavrov has praised Prime Minister Narendra Modi's recent visit to Russia, calling it a success, adding that the two leaders discussed almost each and every issue mentioned on the agenda including cooperation in global organizations like G20, BRICS, and the UN. Sergey Lavrov mentioned Russia's support for India to become a permanent member of the United Nations Security Council. Both countries discussed the international situation, our cooperation in G20, BRICS, t...

September 16, 2024 6:10 PM

BRICS calls for enhanced use of local currencies in trade between member countries

The BRICS ministers of Foreign Affairs met in Russia's Nizhny Novgorod on Monday and held a plethora of discussions, including an important one on the enhanced use of local currencies in trade and financial transactions between the BRICS countries. At the meeting, the ministers recognized the need for a comprehensive reform of the global financial architecture. "They recalled the paragraph 45 of the Johannesburg II Declaration tasking the Finance Ministers and Central Bank Governors of the BRIC...

September 16, 2024 6:37 PM

BRICS meeting to mark India’s inaugural foreign policy engagement in PM Modi’s third term

The first assignment for India's foreign policy under the historic third consecutive term of Prime Minister Narendra Modi will begin at the meeting of the BRICS (Brazil-Russia-India-China-South Africa) Foreign Ministers beginning in the Russian city of Nizhny Novgorod on Monday (local time). The two-day meeting chaired by Russian Foreign Minister Sergey Lavrov comes ahead of the BRICS Summit slated to be held this October. Last year, S Jaishankar represented India at the BRICS foreign ministeri...

September 16, 2024 6:37 PM

On first day in office as Prime Minister for the third time, PM Modi signs file on Kisan Welfare

Prime Minister Narendra Modi commenced his historic third consecutive term on Monday by authorizing the release of the 17th installment of the PM-KISAN scheme, which aims to benefit 9.3 crore farmers with a disbursement of around Rs 20,000 crores. Arriving at his office in South Block on the first morning after taking oath, PM Modi signed the file pertaining to the flagship scheme's installment for farmers, underscoring his government's commitment to their welfare. After signing the file, PM M...