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Saturday, January 3, 2026
TopicBRICS

Topic: BRICS

India part of BRICS statement calling military strikes in Iran a ‘violation of international law’

BRICS, which includes Iran, expressed concern over the strikes since 13 June & the situation in Middle East. India had earlier distanced itself from SCO statement condemning Israel.

Modi set for 5-nation Africa & Latin America visit in July; will be 1st PM to visit Ghana since Rao

It will be his second visit to South America in last 8 months. The packed schedule will see a week of travel, as New Delhi seeks to step up its cooperation with the two regions.

US demands India stop purchase of Russian weapons, lower tariffs & prevent de-dollarisation

US Secretary of Commerce Howard Lutnick Friday urged New Delhi to reduce its reliance on Russian defence platforms and hit out at BRICS for its de-dollarisation efforts.

Jaishankar in UK: Discusses foreign policy, China factor & economic resilience among BRICS nations

External Affairs Minister S Jaishankar was speaking at an event organised by Chatham house in collaboration with Indian High Commission while on an official visit to UK & Ireland.

Trump says ‘BRICS is dead’ before meeting with Modi, repeats 100% tariff threat if they replace dollar

India is one of the founding members of the bloc that, in 2022, discussed floating a common currency to reduce reliance on the US dollar and the Euro.

Trump warns BRICS against replacing US dollar, tells them to find ‘another sucker nation’

BRICS is an intergovernmental organisation of 10 countries – Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and & UAE.

‘100% tariff if de-dollarisation efforts continue’: US President Trump warns BRICS nations

At his inauguration, Trump said that BRICS shouldn’t see his statement as a threat, but rather a clear stance on the issue.

Trump’s rhetoric against BRICS currency doesn’t worry India. US President-elect, Modi are on same page

Trump's threat to impose 100% tariff on BRICS nations won't worry Indian policymakers, given that it has consistently denied any interest in replacement of US dollar as global currency.

What Trump’s ‘100% tariff’ threat means for BRICS nations & India’s stance on de-dollarisation

BRICS has been pushing for greater trade in local currencies, especially since Russia-Ukraine war began in 2022. ‘No chance BRICS will replace US dollar in international trade,’ Trump says.

India open to new BRICS partners, but says decision should be ‘unanimous’ in hint at Pakistan’s bid

Russia and China are understood to support Pakistan's entry into BRICS, with Russian deputy PM having expressed public support for its bid last month.

On Camera

Indian bureaucracy should be given incentives and rewards: MH Mody

Is there a place for a counter-bureaucracy, or a separate and competing bureaucracy to counterbalance the force of the executive’s bureaucracy, asked author MH Mody in 1980.

India’s urban co-op banks are turning the page—crisis to cautious revival, one metric at a time

With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.

Greece looking at TATA’s WhAP infantry combat vehicle for army procurement

If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.

A year-end Mea Culpa in National Interest—The Army-Islam combo doesn’t kill democracy

Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.