The G20 Summit in Johannesburg ended on a widely-shared sense of satisfaction and achievement, with the Global South’s perspective well-articulated, but divergent from some in the Global North. Now the G20's challenge is to restore its unity and credibility by working toward reconciliation with its next president, the U.S. Can India enhance its credibility and influence as a North-South bridge-builder?

U.S. health secretary Robert Kennedy Jr. called the World Economic Forum a “billionaires’ boys club” imposing totalitarian controls. Indeed, since 1971, the elite platform shaped geopolitics. But its Western-centricism kept out the concerns of the rest. This gave rise to alternative forums, which look beyond financial agendas to the perspectives shaping the Global South. Here are 45 of biggest, half of which began just two decades ago.

The G20 Summit in Johannesburg in November will close four years of developing countries holding the grouping’s Presidency. It has left a positive imprimateur on the G20. The next President, the U.S., will inherit a more diverse body, with equal attention being given to issues of the Global North and the Global South.

India-China relations move in waves of hostility and stability. The bilateral may be re-entering a period of stability, last seen in 2018. If the caveats of security, mutual sensitivity and a level playing field are respected, then much can be achieved by reviving the initiatives begun after PM Modi’s visit to China in 2015 and two informal summits in Wuhan in 2018, and Mahabalipuram in 2019.

Chinese President Xi Jinping set two centennial goals and a 2027 target for the People’s Liberation Army’s (PLA) modernisation. This is in line since its founding in 1927, when the PLA has undergone continuous technological, doctrinal, and manpower transformation. Guided by Xi’s goals, it is adapting to evolving warfare trends drawn from experience and observation. For India, the implications arise not only from the PLA’s modernisation but also from emerging military and geopolitical dynamics.

On October 22, 2025, U.S. President Donald Trump imposed sanctions on Russia’s oil giants, Rosneft and Lukoil. The move has clear geopolitical motives—to remove a major supplier from an oversupplied oil market. Indian oil companies, key buyers of Russian crude, now face pressure to cut imports, undermining India’s energy diversification and shaking global oil markets, including the U.S. economy.

Despite over a decade of negotiations, the EU-India FTA remains stalled. The New Strategic EU–India Agenda released in October 2025 seeks to elevate ties, positioning India as central to Europe’s multipolar vision. Yet contradictions persist: Europe’s normative approach and India’s multi-alignment strategy diverge. Connectivity and infrastructure remain conceptual. Now, success depends on the EU’s ability to match rhetoric with resources, flexibility, and strategic patience. 

The Quad summit is expected to be hosted by India in the second half of 2025, possibly in November. However, the grouping faces turbulence that transcends the current flow of India-U.S. relations. The relevance of Australia and Japan, too, needs to be factored in. Beijing considers the Quad as “the Asian NATO” that aims to contain China. Since the commencement of Trump 2.0, the grouping has been struggling to redefine its role and mandate.

The world is facing multiple crises which are shaking the foundations of multilateralism. The West’s structures are faltering, and the need for effective and equitable cooperation is greater than ever. Seventy years after the 1955 Bandung Conference, its principles of sovereignty, territorial integrity, cooperation and solidarity remain vital. This report revisits Bandung’s relevance for today’s reform efforts, urging renewed Global South–Europe collaboration for a sustainable global future.

UK Prime Minister Keir Starmer is in India Oct 8-9, to discuss geopolitics with his Indian counterpart and also to boost bilateral trade. The UK-India Comprehensive Economic and Trade Agreement (CETA) signed in July 2025 marks a milestone in the relationship. The deal, however, omits reference to the creative industries which contribute significantly to UK GDP and play a vital role in the UK-India corridor.