Page 4 - Brics

NSA Ajit Doval's visit to Russia has multiple aims: Foreign affairs expert

NSA Doval will visit Russia this week, sources said. He will attend the BRICS NSA meeting in Moscow

NSA Doval to visit Russia for Brics meet, may discuss Ukraine conflict

National Security Advisor Ajit Doval is travelling to Russia this week against the backdrop of calls for India's possible role in finding a solution to the Ukraine conflict following Prime Minister Narendra Modi's visits to Moscow and Kyiv. Doval is visiting Russia primarily to attend a conclave of national security advisors of the BRICS (Brazil-Russia-India-China-South Africa) grouping that is taking place amid a renewed push for peace talks between Moscow and Kyiv to end the conflict. NSA Doval is travelling to Russia for the BRICS meet, official sources said. He is also expected to hold talks with his Russian counterpart and is likely to discuss ways to bring peace to the region. Doval's visit to Russia comes two-and-half weeks after Prime Minister Narendra Modi's high-profile trip to the Ukrainian capital Kyiv. On Saturday, Italian Prime Minister Giorgia Meloni, following her talks with Ukrainian President Volodymyr Zelenskyy, said India and China can play a role in finding a .

Russia's Brics chairmanship set stage for impactful summit in Kazan

On January 1, Russia was passed the baton of the Brics chairmanship, an association which, according to the decision adopted by the 15th Brics Summit in August 2022, now includes 10 countries

'Huge potential to increase agri collaboration between India, Africa'

Large arable land in the African continent offers huge scope for collaboration between India and Africa in the agriculture sector, BRICS Agri Business Council Vikramjit Singh Sahney has said. He said that Africa can be a reservoir for the supply of pulses, oilseeds and other agri products like millets. "There is large arable land still unutilised in Africa which can be put to fertile use through agri inputs and India can help develop the whole Agri Value chain in various African countries," he added. Sahney, who is also a Rajya Sabha member from Punjab, said this while addressing a session on India-Africa Business Conclave here on August 22. He also highlighted that the manufacturing growth and services sector can be a game changer for Africa's youth which has got the world's largest young population. Sahney added that India can also help various startups in Africa in cities like Lagos, Nairobi and Cape Town which are hubs of becoming startup capitals. Emphasising the importance

Goyal likely to attend Brics trade ministers' meeting in Moscow on July 26

Commerce and Industry Minister Piyush Goyal is expected to attend the BRICS trade ministers' meeting in Moscow on July 26, an official said on Friday. BRICS members are Brazil, Russia, India, China, and South Africa. It is a grouping of major emerging economies of the world, comprising over 40 per cent of the world population and accounting over 16 per cent in the global trade. During Prime Minister Narendra Modi's Russia visit on July 8-9, India and Russia have set an ambitious bilateral trade target of USD 100 billion by 2030. India is focussing on various sectors like electronics, besides taking up issues of non-trade barriers removal, to boost exports to sanction-hit Russia and move towards achieving this target. At present, the bilateral trade stands at about USD 67 billion. The country is looking at various sets of commodities such as electronics, and engineering to increase exports to Russia. Indian marine and pharma exporters face issues in Russia, which New Delhi is loo

Stark gender disparity seen among newly registered young directors

Women's share in managerial positions in India lowest among BRICS countries

LS Speaker Birla calls for reforms in UNSC, WTO in Brics parliamentary meet

Lok Sabha Speaker Om Birla on Thursday made a strong pitch for greater democratisation of global governance structures such as the UN Security Council and the World Trade Organization (WTO). Addressing the 10th BRICS Parliamentary Forum in St. Petersburg in Russia, Birla said India was committed to uniting emerging markets and developing countries, and affirmed its dedication to the principles of mutual respect, understanding, equality, solidarity, openness, inclusiveness and consensus. He was speaking at the first plenary session on the theme of "The BRICS Parliamentary dimension: prospects for strengthening inter-parliamentary cooperation". Birla also welcomed the four new members -- Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates -- into the BRICS Parliamentary Forum. "BRICS, largely representing the interests of the developing world, stands for greater democratisation of the global governance system, and for reforming the international organisations such as the

Decoding the 'Swift' payment system: Why it may crop up in Modi-Putin talks

Prime Minister Modi and Russian President Putin are set to hold key bilateral talks in Moscow today to discuss a wide range of issues as part of the 22nd India-Russia annual summit

Brics to look at expansion as Russia proposes to add 10 partner countries

Russia has made "developing modalities for interaction with Brics partner countries" one of its key priorities for the Kazan Summit

Self-confident Asia charts its own course, diversifies ties beyond West

Desire to make an Asia for Asians, without the overbearing influence of the West, is not new

Russia, largely excluded from global sports, hosts athletes at Brics Games

Thousands of athletes in both major and obscure sports will be vying for medals in the Russian city of Kazan at the sixth BRICS Games, an international competition shadowed by politics amid Russia's exclusion from major sports events. The games opened Wednesday, which Russia observes as its independence day holiday, underlining the key role that sports plays in its national identity. Since its full-scale invasion of Ukraine in February 2022, Russia has been frozen out of the most prominent international competitions and sports associations; some Russian passport holders will be allowed to compete as neutral athletes in the Paris Olympics that begin July 26, but their results will not be credited to Russia. In that atmosphere, the BRICS Games are a way for Russia to underline its aggrieved claims of prejudice and inequitable treatment by the West and international sports organizations. Our country has always adhered to the principle that sport is beyond politics, but we are constant

Explained: What is PAROS, which has got support from Brics leaders?

The Brics ministers reiterated their support for the long-term sustainability of outer space activities and the prevention of an arms race in outer space (PAROS) and its weaponisation

Brics discusses trading in local currency, African Union, and Palestine

India welcomed Egypt, Iran, UAE, Saudi Arabia, and Ethiopia who attended their first Brics meeting in Russia on Tuesday

Brics expresses concern over unprecedented escalation of violence in Gaza

The BRICS nations on Monday expressed grave concern over the "unprecedented" escalation of violence in the Gaza Strip as a result of Israeli military operations and reaffirmed their support for Palestine's full membership in the United Nations. At a meeting in Russia's Nizhny Novgorod, the BRICS foreign ministers reiterated the grouping's unwavering commitment to the vision of a two-state solution to the Palestine issue based on international law. Secretary (Economic Relations) in the Ministry of External Affairs Dammu Ravi represented India at the crucial meeting. The BRICS comprises Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Egypt and the United Arab Emirates. "The ministers expressed grave concern at the deterioration of the situation in the occupied Palestinian territory, in particular the unprecedented escalation of violence in the Gaza Strip as a result of the Israeli military operation that led to mass civilian displacement, death and casualties," a joint ..

Brics calls for enhanced use of local currencies in trade between members

At the meeting, the ministers recognised the need for a comprehensive reform of the global financial architecture

Here's a list of key global events that await Modi govt in its third term

With the NDA leaders' oath ceremony now complete, here's a look at the key global events the Modi 3.0 government will focus on to continue advancing its diplomatic agenda

Incumbency and Churn-II: India's first-time MPs more than most peers

Andhra Pradesh, Tamil Nadu lead in electing new MPs

Brics Summit will take interaction to new heights: Russian FM Lavrov

"It is worth considering that there has been no example of an entity doubling its membership so far," Lavrov added

Inflation down in key peers: Here's how some Brics countries fare

Among Brics countries, Brazil, China, and India have shown a decline compared to the previous month and Russia has seen an uptick

Record household debt: Loans outpace deposits for 3rd year in a row

Debt higher than many BRICS peers, at lower per capita GDP