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The Latest Breaking News from BRICS

'An aggressor': Iran tells UAE to ‘accept responsibility’ as tensions flare at Brics meeting in New Delhi

Iran accused the UAE of direct military involvement in attacks against Tehran during a BRICS meeting, escalating tensions. Tehran claims Abu Dhabi facilitated aggression and warned of retaliation against facilities aiding US or Israeli operations. This dispute complicates efforts to finalize a joint BRICS communique.

The Times of India

BRICS a key voice of Global South, India to push for more inclusive world order: PM Modi

Prime Minister Narendra Modi shared his thoughts on BRICS. He met with foreign ministers and heads of delegation. Modi described BRICS as an important platform for cooperation among emerging economies. He also noted its role for the Global South.

The Economic Times

Iran says ships entering strait of Hormuz must cooperate after vessel seized

Docked ship reportedly seized outside UAE port by “unauthorised personnel”

The Guardian - UK

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NPS gets new investment option: Pension body allows NPS funds to invest in these rupee bonds

The PFRDA has updated NPS investment guidelines, effective May 13, 2026, to include rupee-denominated bonds issued by the New Development Bank (NDB). This expands investment options for both government and private sector NPS funds, previously limited to bonds from IBRD, IFC, and ADB. Other conditions like credit rating and maturity…

The Economic Times

India says safe, unimpeded maritime flows vital for global economic well-being

India's Foreign Minister Subrahmanyam Jaishankar highlighted the critical need for safe maritime trade routes. Speaking at a BRICS meeting in New Delhi, he emphasized that disruptions in West Asia impact global economics. Jaishankar also called for an end to unilateral sanctions. Emerging economies look to BRICS for stability and constructive…

The Economic Times

BRICS can help nations facing challenges of energy supplies, food, fertiliser and health security, EAM Jaishankar says

External Affairs Minister Dr S Jaishankar stated BRICS can assist nations with energy, food, fertilizer, and health security issues. The group meets amid global flux, with ongoing conflicts and economic uncertainties. Emerging markets expect BRICS to play a stabilizing role. Discussions will focus on development, economic resilience, climate change, technology,…

The Economic Times

EAM Jaishankar welcomes Russian FM Sergey Lavrov at BRICS Foreign Ministers' meeting

New Delhi hosted the BRICS Foreign Ministers' meeting. External Affairs Minister S Jaishankar welcomed delegates from member and observer nations. The meeting is part of India's 2026 BRICS chairship. Discussions covered global and regional issues. India assumed the BRICS Chairmanship on January 1.

The Economic Times

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India-bound LPG tanker MV Sunshine crossing Strait of Hormuz; Indian Navy, agencies provide all support: Sources

The India-bound LPG tanker MV Sunshine is safely navigating the Strait of Hormuz. The Indian Navy is providing support for its secure passage. Iran's Deputy Foreign Minister stated that peace in the Strait of Hormuz would improve safety. He also mentioned that Iran welcomes any Indian initiative to reduce regional…

The Economic Times

Ahead of BRICS meet, Iran blames UAE for lack of consensus; Tehran to allow more Indian vessels to pass

The sharp differences within BRICS, which India has blamed for the lack of a consensus on the West Asia situation, became public with Iran accusing the UAE of blocking a joint declaration at the foreign ministers’ meeting that India will host over the next 2 days.

The Times of India

Iran Foreign Minister Araghchi begins 3-day India visit

Iran's Foreign Minister Abbas Araghchi is in New Delhi for crucial BRICS talks, focusing on the escalating West Asian crisis and its impact on global energy. He will hold bilateral discussions with India's S Jaishankar, likely addressing the Strait of Hormuz. The meeting, hosted by India, aims to foster dialogue…

The Economic Times

India-Russia discuss energy, trade and global tensions as BRICS ministers gather in Delhi

External Affairs Minister S Jaishankar met Russian Foreign Minister Sergey Lavrov for productive talks. They discussed bilateral cooperation in energy and trade. The meeting also covered the West Asia crisis and the Ukraine conflict. India and Russia share an interest in strengthening multipolarity. Other BRICS foreign ministers also arrived for…

The Economic Times

Iran says BRICS unable to reach consensus on West Asia conflict due to UAE stance

Iran's Deputy Foreign Minister Kazem Gharibabadi stated the UAE is hindering BRICS consensus on the West Asia conflict. He expressed Iran's openness to Indian peace initiatives in the region. Gharibabadi mentioned Iran and Oman are developing a new framework for merchant vessels in the Strait of Hormuz. He also noted…

The Economic Times

Iran seeks India’s role in West Asia peace efforts ahead of BRICS meet; plans new Hormuz shipping framework

Iran welcomes India's efforts to bring peace to West Asia. The nation is creating a new framework for ships passing through the Strait of Hormuz. Iran stated that a BRICS member's demand to condemn it has prevented a unified stance. India's impartiality as BRICS chair is appreciated. Iran is committed…

The Economic Times

Russia to fulfil all agreements on energy supply to India: Russian FM Lavrov

Russian Foreign Minister Sergey Lavrov has assured India that energy supply agreements will be completed. He stated that relations between Russia and India are based on deep friendship. Lavrov praised Prime Minister Narendra Modi as an energetic leader. He pledged that unfair competition will not harm their energy deals.

The Economic Times

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The Economic Times

India, Iran hold talks on "bilateral and regional issues"

India hosts the BRICS Foreign Ministers' Meeting soon. Iran's Foreign Minister Seyed Abbas Araghchi will attend. This follows a meeting between Iran's Deputy Foreign Minister Kazem Gharibabadi and MEA Secretary Sibi George. Discussions covered bilateral and regional matters. Iran seeks enhanced BRICS cooperation amid West Asia turmoil. India leads BRICS…

The Economic Times

Chinese Foreign Minister Wang Yi to skip meeting of BRICS FMs

In an intriguing development in global diplomacy, China's Foreign Minister Wang Yi will be absent from the upcoming BRICS Foreign Ministers' meeting in New Delhi, entrusting Ambassador Xi Feihong to represent the country. China's endorsement of India's presidency within BRICS underscores its commitment to multilateral cooperation.

The Economic Times

Iranian FM Araghchi to visit India for BRICS summit to bolster ties

Iran's Foreign Minister Seyed Abbas Araghchi will visit India for the upcoming BRICS summit. This high-level participation signifies strengthening ties between Iran and India. The meeting in New Delhi is crucial for multilateral cooperation. Araghchi will engage in bilateral discussions with other ministers, including India's Foreign Minister. This visit builds…

Fortune

China has a welcome mat for Trump: it just rewrote the rules on U.S. sanctions

Beijing's Announcement No. 21 activates, for the first time, a private right of action against anyone who complies with U.S. sanctions on Chinese firms.

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Newslaundry

Agreeing to disagree: India is using calibrated ambiguity to keep BRICS together

A recent meeting of foreign ministers from the BRICS nations concluded without a joint position on the intensifying West Asian conflict. The lack of consensus meant that the collective's statement had to be worded differently. India, the current chair, summarised proceedings in a voice that sought to balance the concerns.

The Conversation

In a fractured world order, where does the global south fit in?

Canadian Prime Minister Mark Carney was one of the first world leaders to speak out about the “ruptured” world order caused by the Trump administration in the United States. He called for middle powers to band together to safeguard what’s left of the liberal world order.

The Conversation

Warships as diplomats: how the South African Navy is tasked with building ties with other nations

A naval exercise off the South African coast in January 2026, dubbed Will for Peace and involving the warships of South Africa, China, Russia, the United Arab Emirates (UAE) and Iran, elicited international and domestic controversy. It also contributed to a further souring of relations between South Africa and the…

Fortune

BRICS could become a new pillar of global governance—if its rapid growth doesn't erode its newfound clout

Enlargement may look pretty on paper, but BRICS needs ground rules, enforcement, and even just a common message.

The Independent UK

Iran, Russia and China join for naval drills in South Africa as tensions run high

China, Russia, and South Africa are long-standing Brics members

International Business Times

Why Do Precious Metals Prices Rise During Economic Uncertainty?

According to Lear Capital's market analysis, the U.S. faces record-high credit card debt. High consumer debt burdens can constrain spending and economic growth, potentially leading to slower economic activity or recession concerns.

The Conversation

Trump tariffs and warming India-China ties have silenced the Quad partnership … for now

When leaders of “the Quad” last met in September 2024, host and then-President Joe Biden declared the partnership between the United States, India, Australia and Japan to be “more strategically aligned than ever before.”

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