BRICS agrees to allow Iran to join New Development Bank
The latest in this situation
- Narendra Modi is scheduled to inaugurate the BRICS forum on October 14, 2026.
- A summit was held in Delhi where culinary standards were contrasted with Gandhi's principles.
- Telangana CM Revanth Reddy criticized Congress CMs for skipping the BRICS dinner while PM Modi led Team India at the summit.
- While the BRICS summit was underway, the focus shifted to the political fallout, including invitations to CMs and opposition to PM Modi.
- Criticism of government's cultural representation abroad and national dining habits during a summit.
How it started
What happened
The 18th BRICS summit took place in New Delhi from September 12 to September 13 under India's chairmanship. During the meeting, the BRICS countries agreed to allow Iran to join the New Development Bank as a new member. Following the summit, the leaders adopted the New Delhi Declaration, which outlines the direction for future cooperation among the member nations.
From sputnikglobe.com
Why it matters
The agreement to include Iran in the New Development Bank signals a change in the bloc's financial structure and global reach. The New Delhi Declaration sets the framework for future economic cooperation among the member nations.
From sputnikglobe.com
Who's involved
- Narendra ModiLed the summit and represented India's priorities within the BRICS platform
- BRICSThe intergovernmental association that agreed to the New Development Bank expansion
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IndiaSpeculative
India could see a policy shift toward supply chain resilience and global cooperation
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Iran set to join New Development Bank after BRICS summitIran may join New Development Bank following BRICS summit agreementAlready happening
- How could India's BRICS presidency affect the Ministry of External Affairs?India's BRICS presidency strengthens diplomatic standing and sets global policy prioritiesLikely
- Political fallout challenges BJP's narrative after BRICS summitThe Bharatiya Janata Party faces political challenges over BRICS hosting decisionsLikely
- BRICS summit outcomes set new policy direction for Government of IndiaBRICS summit outcomes set new policy direction for Government of IndiaLikely
- BRICS cooperation may boost India's supply chain resilienceBRICS cooperation may boost India's supply chain resiliencePossible
How it developed
Newest first. Tap a step to see who reported it.- Narendra Modi is scheduled to inaugurate the BRICS forum on October 14, 2026.Sub-event
- Political figures commented on China policy and Modi-Xi engagement as the BRICS Summit concluded in New Delhi.Sub-event
- India participated in the BRICS summit, where Modi chaired the event.Sub-event
- During the BRICS Summit in New Delhi, PM Modi hosted dinners attended by leaders including Rekha Gupta and CM Pushkar Singh Dhami.Sub-event
Political fallout erupts as Upadhyay accuses BJP of taking credit for BRICS successes.1 source
Modi warned of tech weaponisation at the BRICS Summit in New Delhi.1 source
Modi addresses BRICS Summit as India holds the presidency.1 source
Keep exploring
The entities involved
-
Narendra Modi
Prime Minister of India since 2014
-
BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
Related events
- India is hosting the BRICS Summit in New Delhi, with South Africa's Cyril Ramaphosa attending the high-level talks.
- The BRICS Summit is currently underway in New Delhi, with Xi Jinping attending the high-level talks.
- Cosatu held its congress in Midrand while India hosted the BRICS summit.
- India uses its BRICS presidency and G20 engagement to advance ties with Africa, including Côte d'Ivoire.
- The 18th BRICS Summit is currently taking place in New Delhi, where members are calling for significant reforms in the WTO and the IMF.
Coverage
Newest first; wire copies grouped- sputnikglobe.com
- moneycontrol.com
- tribuneindia.com
- thefrontierpost.com
- aninews.in
- aninews.in
- aninews.in
- thepeterboroughexaminer.com
- aninews.in
- indiatimes.com
- indiatimes.com
- newindianexpress.com
- channelnewsasia.com
- thehindu.com
- moneylife.in
- siasat.com
- indiatimes.com
- globalsecurity.org
- theindiapost.com
- shanghaisun.com
44 more outlets ran the same wire story
- globalsecurity.org
- theindianawaaz.com
- arkansasonline.com
- thehindu.com
- orissapost.com
- prokerala.com
- newindianexpress.com
- calcuttanews.net
- newsday.com
- yahoo.com
- asiabulletin.com
- thenorthlines.com
- wsbradio.com
- thehindubusinessline.com
- wral.com
- netscape.com
- abcnews.com
- clickorlando.com
- dailysabah.com
- local10.com
- krmg.com
- indiatimes.com
- clickondetroit.com
- idrw.org
- irishexaminer.com
- indiagazette.com
- calcuttanews.net
- businessday.co.za
- mymotherlode.com
- morningstaronline.co.uk
- fortune.com
- kashmirlife.net
- butlereagle.com
- santafenewmexican.com
- goskagit.com
- orissapost.com
- dailyexcelsior.com
- bignewsnetwork.com
- chennaionline.com
- kashmirreader.com
- indiagazette.com
- calcuttanews.net
- cambodiantimes.com
- calcuttanews.net