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BRICS, India
‘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.
India’s rupee plunges to all-time low after Trump warned BRICS against dollar dethroning
India’s rupee has fallen to its lowest point ever, trading at 84.6850 per dollar after a government report revealed the slowest economic growth in two years. But the rupee isn’t just slipping because of domestic issues.
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.
'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.
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
‘India has no interest in de-dollarisation…’ Jaishankar responds to Trump's threat to BRICS nations
External Affairs Minister S Jaishankar on Saturday reacted to President-elect Donald Trump's threat to impose 100 per cent tariffs on BRICS nations, stating that India has "no interest" in weakening the US dollar.
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.
India has no interest in weakening US Dollar: Jaishankar responds to Trump's threat to BRICS nations
External Affairs Minister S. Jaishankar addressed the Doha Forum, emphasising India's strong relationship with the US and dismissing the idea of weakening the dollar. He highlighted the positive ties during the first Trump administration,
1d
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 ...
ThePrint
17h
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 ...
The Diplomat
1d
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 ...
19h
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 ...
3h
Russia teams up with BRICS to create AI alliance, Putin says
"Russia must participate on equal terms in the global race to create strong artificial intelligence. It is precisely the ...
moneycontrol.com
4d
India, China to hold first NSA meeting in three years amid border de-escalation efforts: Report
During their meeting in Rio in November, the foreign ministers of
India
and China also decided that the two SRs and foreign secretaries would meet soon. Although the NSAs last met in St. Petersburg ...
4d
BRICS have no interest in weakening USD, Indian foreign minister says
BRICS countries have no interest in weakening the U.S. dollar at all, India's foreign minister Subrahmanyam Jaishankar said ...
Swarajya
5d
'Investing In India Profitable': Putin Hails PM Modi's 'Make In India' Initiative At Investment Forum
Speaking at the 15th VTB Russia Calling Investment Forum, Putin said that drew parallels between Russia's import substitution ...
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