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India Clarifies Its Stance on What BRICS Pay Actually Does
India has issued a clarification on what the BRICS Pay system actually does and how it works. Pawan…
Russia Aims For BRICS Declaration With 90% Trade in Local Currencies
Russia hopes for a consensus declaration at the upcoming BRICS summit, with member nations agreeing to settle nearly…
11 Countries and No Common Currency: A Tale of BRICS
The BRICS alliance grew from its original founding members of five to an 11-member bloc in 2025. In…
BRICS on Mission To Boost Trade With Southern African Countries
Several members of the BRICS alliance are signing new deals with southern African countries in a bid to…
India Ready To Pitch BRICS Central Bank Digital Currency (CBDC)
India is all set to pitch the idea of a central bank digital currency (CBDC) at the upcoming…
Cuba Applies To Join BRICS Alliance Ahead of the 2026 Summit
Island nation Cuba has officially applied to join the BRICS alliance, and the expression of interest comes weeks…
BRICS Nations Hold 17.4% of Global Gold Reserves as UBS Targets $5,200
BRICS gold reserves have gone up to more than 6,000 tonnes right now, which comes out to about…
BRICS 2026 Summit Faces Food Risk, Posh Hotels Booked For Hygiene Lapse
The US-based publicly listed Marriott International (NASDAQ: MAR), with a market cap of $94 billion, and has a…
Only 35% of Trade Among BRICS Countries Settled in the US Dollar
The BRICS alliance has taken its de-dollarization agenda quite seriously since 2022 and has begun using local currencies…
India To Discuss CBDC Payments at BRICS Summit in September
The Narendra Modi-led government will likely keep discussions on the digital currency (CBDC) payment link among member nations…