- BRICS includes India as a member nation and India hosts a BRICS meeting in its national capital.
- The 18th BRICS Summit is underway in New Delhi, celebrating strategic partnerships and diplomatic relations.
- India hosts the 18th BRICS Summit in New Delhi, where trade dynamics and deficits are discussed.
Central banks, including the RBI, are exploring the use of digital currency for trade settlement among BRICS members.
3 reports, 1 independent
Updated Sep 11
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What happened
Central banks, including the RBI, are exploring the use of digital currency for trade settlement among BRICS members.
Who's involved
What this event is mainly aboutKeep exploring
Part of
India hosts the 18th BRICS Summit in New Delhi, where trade dynamics and deficits are discussed.Also in this story
- Leaders at the BRICS Summit discussed trade imbalances, supply chain vulnerabilities, and advocated for inclusive technology access.
- Trade remains imbalanced within BRICS, prompting calls for a more equitable global order.
Within BRICS includes India as a member nation and India hosts a BRICS meeting in its national capital.
The entities involved
- India
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Reserve Bank of India
central bank of India
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BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
Related events
- The Reserve Bank of India is facing central banking challenges as geopolitical conflict in West Asia drives inflation and economic uncertainty in India.
- The Reserve Bank of India is managing monetary policy for the nation.
- The Union Ministry of Finance proposed amendments to the Indian payment system, which the RBI is now regulating under the Payment and Settlement Systems Act.
- The Global Fintech Fest focused on India's digital finance capabilities, with Narendra Modi addressing the need for digital expansion.
- Global central banks, including the ECB and RBI, are raising interest rates.