Courtesy: Narendra Modi/ Flickr
BRICS, which has always been committed to enhancing solidarity, is now entering its second decade – even as tensions between its two most consequential members remain unresolved and member states and other emerging markets are set to serve as “the main engine” of global growth
Courtesy: Gateway House
The multi-polar world that BRICS nations seek is not a reality yet and the differences between them do exist. But the BRICS summit in September offers leaders an opportunity to examine a few important financial issues before they can dictate the global agenda
Courtesy: Prokerala
India seems to have departed from catch-all, overarching initiatives in Africa to rather more nuanced ways of making its contribution felt, such as helping fashion G20’s ‘Compact with Africa’. Many countries are also keen to avail of Indian companies’ knowledge and experience of investing in Africa and the presence of the large diaspora—and such trilateral cooperation is to be welcomed
Courtesy: Gateway House
A conference of the BRICS 2017 Think Tank Forum, held in Beijing recently, showed that the grouping had progressed in influencing global governance despite some persistent intra-member differences
Courtesy: Igor Peraza
Speakers at the ‘1st BRICS Think Tank Forum on Pragmatic Cooperation’, held in Shanghai last month, discussed ways to tackle new challenges as globalisation moves into the next phase where the BRICS countries will take the lead
The past decade has witnessed an evolution of India-Africa relations especially since the implementation of Modi's Act East policy. There is also a growing realisation of the strategic and geopolitical value of the Indian Ocean region. This speech highlights the policies needed to strengthen India-Kenya relations and tap the wealth of resources in this Blue Economy.
Courtesy: Gateway House
Prime Minister Narendra Modi's announcement on November 8 to demonetise notes of the denomination of Rs 500 and Rs 1000 has a precedent. This infographic traces some interesting demonetisation initiatives around the world. From discontinuation of high denomination notes due to lack of circulation, to the use of beer and water as 'real assets' in place of hyper-inflated currency.
Courtesy: MEA India / Flickr
Perhaps South Block did not gain as much as it had hoped to: there was a gulf in member states’ perceptions. One takeaway, therefore, for policy makers was that while noise has its uses, it is now time for some quiet diplomacy
Courtesy: Gateway House
This infographic seeks to trace the evolution of BRICS from O’Neill’s original vision to its current form, while illustrating how intra-BRICS trade has evolved over the past 15 years.
Courtesy: Dr. Jehangir Sorabjee
The recent inauguration of the New Development Bank in Shanghai has made that city a focal point of international financial transactions between the five BRICS countries. This occasions revisiting some of the ways in which Bombay has been historically linked to it