The visit of Russian President Vladimir Putin to India on December 4-5, is an event with many dimensions. It will address the political and economic strength and future of the bilateral, discuss the global scenario, and lay out a path for future cooperation that will continue to define the relationship as 'special and privileged.'

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.

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.

The Valdai 2025 conference’s single confirmation was this: Russia believes the post-Western world is already functioning. It is no longer seeking to re-enter Western-led institutions; it is building around them. The polycentric world is like a network, not a hierarchy. No one needs to choose a camp.

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 labour movement in the India-Russia corridor is a new element in the bilateral. It is already visible in the Delhi–Moscow flights. The usual students and tourists now share the cabin with welders, salon workers, and builders, many on their first overseas assignment. The trend signals a shift in Russia’s migration geography and opens a corridor linking India’s skill base with Russia’s industrial demand.

While the Bandung Conference’s vision remains unrealised, its spirit can be an inspiration to reform and innovate in the international system as well as to ensure the survival of multilateralism – not only for today’s multi-aligned descendants of the conference participants but also for countries in Europe and beyond.

Afghanistan’s Foreign Minister Amir Khan Muttaqi will visit India on October 10, marking the first high-level Taliban visit since the group took over Kabul in 2021. Nayanima Basu discusses the purpose of this visit and the importance of engagement with Afghanistan. She explains the roles of China, which seeks business; Pakistan, which pursues political interests; and the U.S., which has a renewed interest in Bagram Air Base and its return to the country it abandoned.

Each autumn, Russia convenes its flagship Annual Summit — a gathering of global leaders, business elites and intellectuals. Often compared in scale to Davos or Shangri-La, what sets Valdai apart is President Vladimir Putin’s extended, unscripted dialogue with the audience. Over the years, India has moved to the centre of this dialogue, reflecting its strategic weight and offering rare insight into Moscow’s evolving worldview.

The year 2025 is often compared to the Bandung moment of 1955, and for good reason. With the U.S. reordering traditional relationships, the opportunity for greater emphasis on the Global South is now. It is therefore time for India, Africa and ASEAN among others to re-burnish their Global South credentials and use that identity as a platform to engage each other more deeply.