Tag: BRICS New Delhi Declaration

What are the alternatives to SWIFT, and how are they faring? Explained

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What are the alternatives to SWIFT, and how are they faring? Explained

The story so far: The New Delhi Declaration that came out of the recent BRICS Summit in the national capital resolved to increase trade between member-countries and payments in national currencies. Days before the summit, a report by the news agency Reuters quoted sources as saying that at the event, India would push to link…

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BRICS issues New Delhi Declaration, as UAE and Iran back down from tough positions

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BRICS issues New Delhi Declaration, as UAE and Iran back down from tough positions

India forged a consensus of BRICS countries on Saturday (September 12, 2026), after Iran and the United Arab Emirates agreed to a last-minute compromise on the language used about the war in West Asia, allowing the 11-member grouping to adopt the New Delhi Declaration at a meeting chaired by Prime Minister Narendra Modi. Also Read:…

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