BRICS, India

BRICS and De-Dollarization: Implications for India and Global Power Dynamics
BRICS (Brazil, Russia, India, China, South Africa) has proposed ambitious financial reforms, including the creation of a common currency. The BRICS New Development Bank and regional development banks are seen as key players in promoting mutual trade and reducing reliance on the dollar.
‘De-Dollarization Is Certainly Not Our Objective’—India Says After Trump’s 100% Tariff Threat Over BRICS Currency
Reserve Bank of India Governor Shaktikanta Das governor said no decision has been taken on the BRICS currency, which recently drew President-elect Donald Trump’s ire.
India folds on the de-dollarization agenda and could fail the BRICS currency
Governor Shaktikanta Das has announced that India is not pursuing a de-dollarization policy. He also emphasized that no concrete decisions have been made regarding the creation of a common BRICS currency.
India Downplays BRICS Common Currency Plan That Angered Trump
There has been no decision by the so-called BRICS block about creating a common currency to reduce usage of the dollar, India’s central bank chief said.
BRICS Currency On Cards? Jaishankar Clears India's Stance On Dedollarisation
Jaishankar made the remarks while addressing the 22nd edition of the Doha Forum panel on 'Conflict Resolution in a New Era' where Qatar Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani and Norway Foreign Minister,
BRICS Currency May Not Upstage the US Dollar Anytime Soon
A few days before the 16th BRICS Summit got underway in Kazan in October, Russia, the organizers of this key conclave advised attendees to bring along U.S. dollars and euros as Russian banks preferred these currencies to exchange rather than the ruble.
'India Has No Interest In Weakening The US Dollar': Jaishankar On Trump's 100 Per Cent Tariff Threats To BRICS Nations
Jaishankar’s statement came a week after US President-elect Donald Trump demanded that BRICS nations, including India, Russia, and China, refrain from creating a new currency or endorsing any alternative to the US dollar.
Trump threat to BRICS over ditching the dollar: what he can do, what it will mean for US, India
Why are countries trying to move away from the dollar? What has India done so far in this regard? And why is there a risk of Chinese domination if the dependence on the US dollar does go down?
India not pursuing shared BRICS currency, analysts say
India will not support the creation of a shared currency among the nine-nation BRICS group, analysts say, but is promoting transnational trade in its local currency
BRICS is not interested in weakening US dollar - Indian Foreign Minister
Recently elected US President Donald Trump has threatened to impose tariffs if the BRICS creates a new currency. However, the countries of the organization are not at all interested in weakening the dollar,
‘India Never For De-Dollarisation, There’s No BRICS Currency Proposal’: Jaishankar After Trump’s Tariff Warning
External Affairs Minister S. Jaishankar on Saturday addressed remarks by Prime Minister Narendra Modi and U.S. President-elect Donald Trump, particularly focusing on Trump's recent warning to BRICS nations about imposing a 100 per cent tariff if they pursued a BRICS currency.
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India’s first BRICS Educational Expedition concludes in Ahmedabad with an MoU
MoU signed between Russia BRICS Project Office and BRICS Youth Alliance to further educational and cultural ties between ...
India to work with rest of Brics countries to further ease trade
In recent months, economists in the Indian government had underscored the need for attracting FDI from China to boost India’s ...
India File: In the U.S.-China trade crossfire
This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get latest news ...