South African President Cyril Ramaphosa on Friday described BRICS as an important global forum, highlighting the grouping's growing demographic and economic weight and noting that its members account for around half of the world's population and 40 percent of global GDP.
'How will this woman find her? And how does that affect her, because it's not a biological relationship.'
Indian refiners are diverting 350,000 tonnes of sugar, originally slated for export, to the domestic market to ease a supply crunch and stabilise prices ahead of the festive season.
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.
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.
'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'
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.
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.
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.
Manchester City has officially signed midfielder Ayyoub Bouaddi from French club Lille on a five-year contract.
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.
Uruguay has announced a star-studded squad, including Real Madrid's Federico Valverde and Liverpool's Darwin Nunez, for an international friendly against India in Kolkata on October 6. The match will also mark Diego Forlan's debut as head coach for Uruguay, who will also face Panama and Brazil in other friendlies.
Lionel Messi leaves as a World Cup winner and twice Copa America champion, the man who stepped out of Diego Maradona's immense shadow to create an Argentine legacy entirely his own.
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.
Brazilian tennis sensation Joao Fonseca has announced his withdrawal from the upcoming US Open due to an abdominal injury.
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.
Lionel Messi scored four goals, including a hat-trick, to lead Inter Miami to a dominant 7-1 victory over Montreal in Major League Soccer, ending their five-game winless streak and moving them to second in the Eastern Conference.
India's services activity expanded in August, but the pace of growth cooled to the second-slowest since March 2022, despite stronger output and new business, according to the HSBC India Services PMI Business Activity Index.
BJP MP Janardan Mishra has strongly defended the Centre's ethanol blending policy amidst ongoing controversy, highlighting India's high crude oil import dependency and global geopolitical challenges. He questioned opponents of ethanol blending, citing Brazil's successful use of 100 per cent ethanol in vehicles and experts' views on its engine compatibility.
A group of experts has voiced significant concerns regarding India's ethanol-blended fuel policy, citing potential negative impacts on land-use, agriculture patterns, food security, groundwater levels, and household incomes. They recommend a return to E10 fuel and a review of the policy's overall benefits versus costs to consumers and the environment.
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.
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.
Real Madrid forward Vinicius Jr is reportedly 'happy, cheerful and playing his football' under new manager Jose Mourinho, despite being in the final year of his contract and facing speculation about a potential move to Arsenal.
One in 10 employees at California-headquartered technology unicorns now work from India, surpassing other major US tech hubs and several countries, driven by US visa restrictions and substantial cost savings.
AI agent platform Runable has successfully raised $21 million in Series A funding, co-led by Susquehanna Venture Capital and Nexus Venture Partners. The company plans to use these funds to expand its growth capabilities, enhance measurement tools, and scale its Runable Academy, which supports small business owners in building and growing their ventures.
'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.'
Manchester United have officially signed midfielder Carlos Baleba from Brighton & Hove Albion on a contract until 2031, with an option for an additional year. The deal is reportedly worth an initial 60 million, plus add-ons, for the Cameroon international.
Brazil coach Carlo Ancelotti says Neymar's 2026 FIFA World Cup selection will depend on fitness and form rather than sentiment as he weighs a crucial squad decision ahead of Brazil's campaign.
The Indian men's junior squash team secured their spot in the pre-quarterfinals of the World Squash Junior Team Championships by defeating Brazil and the Netherlands 3-0. The women's team also started strong, beating Chinese Taipei 3-0, with World Junior champion Anahat Singh being rested.
World champion Melissa Jefferson-Wooden defeated Olympic gold medallist Julien Alfred in the women's 100 metres, while Oblique Seville secured victory in the men's sprint at the Silesia Diamond League.
The second season of the Archery Premier League (APL) will commence in Hyderabad on October 8, featuring 12 international archers, including Olympic bronze medallist Casey Kaufhold and other Olympic medallists like Mete Gazoz and Alejandra Valencia. The 11-day tournament aims to establish India as a key destination on the global archery calendar.
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.
'In the current environment, India is effectively paying a premium for supply security and diversification.'
Newcastle United, Tottenham Hotspur, and Everton all secured their spots in the third round of the League Cup.
Real Madrid manager Jose Mourinho has accused opponents and supporters of 'bullying' Vinicius Jr, citing rough treatment in their 2-1 LaLiga win against Espanyol and calling it a 'pattern that repeats itself'.
Praggnanandhaa squandered a winning advantage against Vincent Keymer in the Grand Chess Tour opener, allowing the resilient German to survive and secure a hard-fought draw.
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.
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.
Vietnam Beauty Fashion Fest XVI turned into quite the fashion spectacle as national ambassadors from across the world took the stage during one of the most anticipated events of the 75th Anniversary Miss World celebration.
Minister of State for Telecom Chandra Sekhar Pemmasani urged BRICS nations to collaborate on building institutional capacity and advocating for fair standards in international telecom and ICT bodies. He highlighted India's willingness to share its modular, open-source digital public infrastructure frameworks like Aadhaar and DigiLocker, emphasising their role in sustainable development and economic growth across the Global South.
