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Monday, August 11, 2025
TopicDe-dollarisation

Topic: de-dollarisation

India uses BRICS to push reforms—not to challenge the US

India has been pleading for long to bring reforms in institutions like the United Nations, IMF, and World Bank, which it believes are West-dominated and don’t reflect current global realities.

‘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.

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.

16th BRICS Summit was about building dollar-free world order. India can use it to expand trade

For New Delhi, a USD-free system is not an immediate priority nor an existential necessity to unconditionally support the China-Russia agenda.

On Camera

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

‘Next war may come sooner than expected, will require whole-of-nation approach’—Army chief

Gen Dwivedi framed Op Sindoor not just as retaliation to Pahalgam, but as demonstration of India’s capability to fight multi-domain conflicts with integration between services & agencies.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.