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Thursday, August 7, 2025
TopicBRICS currency

Topic: BRICS currency

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

ANI -
India participated in BRICS Foreign Ministers’ Meeting which began in Russia Monday, the first assignment for India’s foreign policy under third consecutive term of PM Modi.

BRICS summit has built a bigger club. But new members won’t be just bricks in the wall

Pia Krishnankutty -
If India is admitting new members in BRICS with caution, it's likely because the Shanghai Cooperation Organisation is often perceived as China-centric.

New payments infrastructure a priority for BRICS, Russian diplomat says at India Foundation roundtable

Keshav Padmanabhan -
Deputy chief of mission at Russian embassy in India Roman Babushkin says BRICS members 'have been taking steps to switch to settlements in national currencies for quite some time now'.

Why are African countries, others pushing for ‘de-dollarisation’ — trade in currency other than the USD

Keshav Padmanabhan -
USD has been the world’s reserve currency for over 75 years, but many nations are now seeking to trade in local currencies to reduce costs, avoid sanctions & reshape global financial system.

BRICS foreign ministers call for more local currency trade, ‘appreciate’ Ukraine peace plans

Pia Krishnankutty -
Counter-terrorism, energy security, climate change & Sudan situation also among topics discussed in joint statement after 2-day meeting in Cape Town.

A BRICS currency can weaken US hold over emerging economies. India needs to decide its role

Seshadri Chari -
Before de-dollarisation of BRICS can occur, India must secure a place in IMF's basket of world currencies, where Chinese Renminbi is already included.

On Camera

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Opinion

Rudra, Bhairav commandos, Shaktiman to drone platoons—how Army is transforming for future wars

Lt Gen H S Panag (retd) -
More than fearsome names given to the new transformed Indian Army, it is advanced technology and superior training that will instil fear in the enemy.

75 years of Planning Commission—what India’s first experiment can teach us in the age of PLIs

Real Smriti Irani would give Tulsi Virani a tight slap

Economy

Web of spoof sites, scam call centres. Crypto theft racket modus operandi in focus amid ED crackdown

Mayank Kumar -
As part of the crypto theft racket, businessman Chirag Tomar and his aides targeted 542 victims and managed to steal a total of Rs 19.9 million.

Defence

Wang Yi to visit India this month, Modi to travel to China, Putin comes in later this year

Snehesh Alex Philip -
PM could visit Japan on 30 August before heading to China. Sources say, bilaterals being planned with Xi and Putin on SCO sidelines in China.

National Interest

Pakistan, Dhaka have played Washington well. Back home, Modi ecosystem has an inner conflict

Shekhar Gupta -
To protect ourselves from Trumpian diplomacy, first we must introspect the bipolarity within our establishment discourse.

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