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India is in a unique position as a founding member and one of its biggest borrowers.
The Brics-founded New Development Bank could help launch a fund by the end of the year to guarantee cheap loans for poor families in Africa and Latin America, Brazil’s social devel...
The New Development Bank (NDB) and National Treasury have signed a $200-million loan agreement to support Stage 1 of the Olifants Management Model Programme (OMMP), National Treasu...
Nasdaq Dubai welcomed the listing of a USD 1.75 billion, 3-year benchmark bond issued by New Development Bank (NDB). This brings NDB’s total listed value on the exchange to USD 3.7...
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The bank's priority is to eradicate poverty on a livable planet, Executive Director of the World Bank Neelkanth Mishra stressed
The New Delhi Declaration, adopted unanimously at the 18th BRICS Summit on September 12, will be read mostly through a geopolitical lens: Gaza, Security Council reform, sanctions,...
"Developing a modern payment infrastructure is a crucial prerequisite for the continued growth of trade and investment among BRICS countries," Kirill Dmitriev, CEO of the RDIF, sai...
Rupee bonds having an outstanding maturity of at least three years from NDB has been included along with those issued by the International Bank for Reconstruction and Development,...
The grouping also proposed a digital public infrastructure repository, deeper cooperation on AI and faster cross-border payments among member countries.
The BPTF also studies cross-border interoperability of payment and messaging channels; discusses promoting trade settlements and investments using local currencies of BRICS countri...
BRICS New Delhi Declaration: Building for Resilience, Innovation, Cooperation and SustainabilityPosted On: 12 SEP 2026 6:11PM by PIB Delhi1. We, the Leaders of BRICS countries, me...
The countries also call for achieving equitable geographical representation in the Secretariat of the UN and other international organizations in a timely manner
BRICS has emerged as a coalition of nations that share a history of colonialism or imperialism, positioning itself as an alternative to Western poles of power. India, hosting the 2...
BRICS countries on Saturday reaffirmed their commitment to deepen cooperation in the areas of policy, investment, technological and capacity building to develop sustainable transpo...
"A substantive exchange of views took place regarding the operational parameters of the SCO Development Bank," the Secretariat said
By Sahil PandeyNew Delhi [India], September 11 (ANI): India's BRICS presidency comes at a crucial juncture and offers an opportunity to move South-South cooperation from 'represent...
BRICSEvolution, Cooperation and India's LeadershipPosted On: 10 SEP 2026 12:43PM by PIB DelhiA boardroom acronym for four emerging markets has grown into something far bigger. Tod...
The BRICS New Delhi Declaration 2026 has been adopted unanimously at the BRICS Summit in Delhi. Prime Minister Narendra Modi thanked BRICS members for their constructive spirit and...
The text of the declaration was reportedly agreed upon by sherpas prior to the meeting of heads of state and government
BRICS leaders gathered in New Delhi with de-dollarisation once again dominating the economic conversation.While the rhetoric around reducing dependence on the dollar has intensifie...
The member states emphasized the importance of creating more resilient, reliable and stable supply chains, with particular attention to the needs of developing countries for their...
On 12–13th September, The Leaders of the BRICS Countries convened for the 2026 BRICS Leaders Summit under India’s Chairmanship. A variety…Continue reading on Medium »
Brics countries agreed on Saturday to expand trade and payments in local currencies, making another step towards de-dollarisation as the bloc seeks to counter an assertive United S...
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