From four nations to a powerful 11-member bloc, here's how BRICS reshaped the global order in 27 years.
Russian Foreign Minister Sergey Lavrov has publicly supported India's bid for a permanent seat on the United Nations Security Council. He stated that any reform of the UNSC should not grant additional seats to Western countries like Germany and Japan, citing their "militarism and revanchism." Instead, Russia advocates for increased representation from Asia, Africa, and Latin America, specifically backing India and Brazil, while also emphasizing the need to address African interests.
Khalid Jamil, head coach of the Indian football team, expressed optimism despite a 4-0 defeat against five-time world champions Brazil. He highlighted the high quality of the Brazilian team and the learning experience for India, emphasizing the need for more high-profile matches to improve. Jamil also defended goalkeeper Gurpreet Singh Sandhu and looked forward to the upcoming match against Uruguay.
Chinese President Xi Jinping's upcoming visit to India for the BRICS summit is a pivotal diplomatic event poised to significantly impact bilateral ties and global cooperation amidst ongoing international instability.
The first-ever BRICS Traditional and Indigenous Demonstration Games concluded in Ahmedabad, featuring nearly 160 participants from 10 member nations. India prominently showcased yogasana and mallakhamb, alongside other traditional sports like kalaripayattu. The event also saw demonstrations of wushu from China, togyzkumalak from Kazakhstan, and Jiu-Jitsu from Brazil. Participants from South Africa, China, and Russia praised India's hospitality and the cultural exchange.
This article details the quarter-century journey of BRICS, from its inception as an economic acronym by a Goldman Sachs economist to its current status as an expanded eleven-member international bloc. It highlights its growth, key historical moments, and the significance of its upcoming summit, particularly with Iran's renewed importance in discussions.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
Bangladesh has confirmed that Prime Minister Tarique Rahman will not attend the upcoming BRICS Summit in India, clarifying that the invitation was extended to him as the BIMSTEC Chair, not as Bangladesh's Prime Minister. The nation is prioritising bilateral visits and discussions, while also addressing national interests like the expiring Ganges Water Sharing Treaty.
Bangladesh has not yet decided on Prime Minister Tarique Rahman's visit to India for the upcoming BRICS summit, with his office stating that Dhaka is awaiting New Delhi's response to its request for the extradition of deposed prime minister Sheikh Hasina and other 'fugitive criminals' currently residing in India.
Chinese President Xi Jinping is in New Delhi for the 18th BRICS Summit, where he is scheduled to hold bilateral talks with Prime Minister Narendra Modi. This visit, his first to India in nearly seven years, comes amidst efforts to normalise India-China relations following the 2020 Eastern Ladakh standoff and is expected to have significant implications for bilateral ties and BRICS cooperation.
India is hosting the 18th BRICS Summit in New Delhi, bringing together numerous world leaders including presidents from China, Russia, South Africa, Iran, and Egypt, along with prime ministers and foreign ministers from other nations. The summit will feature bilateral talks and highlights the expanded BRICS grouping's growing global influence and India's significant role as a founding member and current chair.
China has expressed its support for Russia's initiative to revive the Russia-India-China (RIC) troika, emphasizing its importance for regional and global security and stability.
'India should not trade away its energy security for temporary tariff relief. Neither signing a trade agreement nor stopping Russian oil purchases can protect it from future US action.'
India and China are in what experts call 'a cooperation-versus-competition situation'.
Sports Minister Mansukh Mandaviya will inaugurate the BRICS Traditional and Indigenous Demonstration Games 2026 in Ahmedabad on Monday. Organised by the Ministry of Youth Affairs and Sports in collaboration with the Gujarat government, the event on 12 October 2026, under India's BRICS Chairmanship, will feature traditional sports like Mallakhamb, Yogasana, and Kalaripayattu from India. The non-competitive Games aim to foster cultural exchange and knowledge-sharing among BRICS and partner countries including Belarus, Bolivia, Brazil, China, Ethiopia, Iran, Kazakhstan, Russia, South Africa, and the UAE.
Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.
BRICS nations have successfully reached a consensus on a joint statement following extensive negotiations, with India playing a crucial role in bridging differences, particularly among West Asian members like Iran, Saudi Arabia, and the UAE, despite regional conflicts and geopolitical tensions.
Sports Minister Mansukh Mandaviya inaugurated the BRICS Traditional and Indigenous Sports Demonstration Games, emphasising India's commitment to placing sport at the core of nation-building through significant investment in infrastructure and grassroots development. He highlighted India's indigenous sports like Mallakhamb, Yogasana, and Kalaripayattu, and discussed the country's ambition to host major international events, including the 2036 Olympic Games.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
China emphasises proper handling of differences and a long-term perspective for bilateral ties ahead of President Xi Jinping's visit to India for the BRICS summit and talks with Prime Minister Narendra Modi. The visit aims to stabilise relations following the 2020 Ladakh standoff and strengthen BRICS cooperation.
Malaysian Prime Minister Anwar Ibrahim's impromptu rendition of Kishore Kumar's classic 'Khwab Ho Tum Ya Koi Haqeeqat' has captivated audiences online, with a video of his performance garnering over a million views and widespread appreciation.
India's total goods trade with BRICS nations more than doubled from FY21 to FY26, reaching USD 417.5 billion, but a significant surge in imports, particularly from China and Russia, has caused India's trade deficit with the bloc to more than triple, reaching USD 226.1 billion.
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
India is hosting the BRICS summit, leveraging the platform to address global trade tensions and champion the developmental priorities of the Global South, including food, energy, and supply chain security. The summit, attended by leaders like President Xi Jinping and Vladimir Putin, will focus on resilience, innovation, cooperation, and sustainability, with India aiming to strengthen intra-BRICS collaboration and discuss global matters. The expanded BRICS grouping represents a significant portion of the world's population and GDP, making its discussions crucial for global economic stability.
Xi's bilateral meeting with Modi was substantial and readouts from both sides gave indications of rapprochement, if not a reset of bilateral relations between India and China, notes Ambassador T P Sreenivasan.
Union Minister Mansukh Mandaviya inaugurated the BRICS Traditional and Indigenous Sports Demonstration Games 2026 in Ahmedabad, emphasising the role of traditional sports in reflecting cultural identity and fostering international cooperation. The one-day event, hosted by the Ministry of Youth Affairs and Sports, brought together delegations from BRICS and partner countries to showcase indigenous sporting practices like Mallakhamb, Yogasana, and Kalaripayattu from India, alongside Wushu from China and Sambo from Russia. Gujarat Deputy Chief Minister Harsh Sanghavi also highlighted India's rich sporting heritage and proposed initiatives for global promotion and preservation of traditional sports.
The New Delhi Municipal Council (NDMC) is establishing a 24x7 command centre and implementing extensive civic preparations to ensure the smooth hosting of the 18th BRICS Summit. These measures include enhanced sanitation, beautification, traffic management, and coordination among various agencies to present a welcoming city for world leaders.
The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.
'In the current environment, India is effectively paying a premium for supply security and diversification.'
'The Chinese military cannot advance much in Ladakh, even if they want to.' 'Similarly, in Arunachal Pradesh, they can rename a village or two, intrude here or there, but cannot do much more realistically.'
India's current account deficit could widen to 1.7 per cent of GDP, or about $71 billion, if crude oil prices stay above $90 a barrel for a significant part of the second half of FY27.
Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
Russian President Vladimir Putin will attend the BRICS summit in New Delhi on September 12-13, according to a presidential aide.
BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.
India significantly increased its crude oil imports from Russia and the United Arab Emirates in June, securing supplies as the Strait of Hormuz began to reopen, with Russian barrels remaining attractive due to discounts and UAE supplies offsetting earlier uncertainties.
In recent years, China and Russia have pushed for de-dollarisation within BRICS, which India has resisted. One reason is that India does not want to hurt its relationship with the United States, and another is the fear of China controlling trade because the renminbi is considered the strongest currency in the bloc today.
Sports Minister Mansukh Mandaviya will chair a two-day meeting of BRICS Sports and Youth Ministers in Visakhapatnam, aiming to strengthen cooperation in youth affairs and sports, with a focus on sports manufacturing, indigenous disciplines, and youth development.
Ahead of Xi Jinping's visit, National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi held extensive talks in Beijing on August 25 on the boundary issue and reached an eight-point consensus.
