India Seeks to Dodge Trump’s BRICS Wrath
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Importantly, BRICS endorsed a bigger role for the Global South by calling for “greater and more meaningful participation and representation” of Emerging Markets and Developing Countries, as well as Least Developed Countries, especially from Africa, Latin America and the Caribbean in global decision-making processes and structures.
The Indian rupee slumped on Monday as uncertainty about U.S. tariff policies resurfaced with President Donald Trump's threat of a fresh 10% levy on BRICS countries compounding pressure on the local currency alongside peers like South African rand and Chinese yuan.
Prime Miniter Narendra Modi on Monday aid India would redefine the BRICS grouping under it upcoming chairmanhip by focuing on Building Reilience and Innovation for Cooperation and Sutainability. Addreing the BRICS Summit in Brazil,
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PM Modi pledges people-centric, climate-driven BRICS 2026 presidency, focusing on resilience, health, and sustainability. India to lead with “Humanity First” vision.
PM Modi's five-nation tour strengthened India's ties across the Global South with key gains in digital payments, critical minerals, defence and diaspora outreach. The visit saw major bilateral agreements,
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India needs to look beyond BRICS for trade advantages, according to Trinh Ngyuen, Senior Economist at Natixis. To that end, she says India needs trade deals with the EU and the U.S.. She believes India can gain from businesses "reshuffling" out of China,