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Friday, October 31, 2025
TopicDe-dollarisation

Topic: de-dollarisation

Policymakers dismiss common currency idea, say BRICS to become ‘talk shop’ if expanded without focus

India will take over chairmanship of BRICS+ grouping in 2026, against the backdrop of the United States’ ‘protectionism’ threatening to upend decades of multilateral consensus.

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

Why is going to law school so popular again?

In a recent survey of law school admissions officers, 94% said the current political climate in the US played at least a moderate role in the increase.

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

Joint production, closer ties, emerging tech: The foundation of new defence pact between India & US

The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.