Prime Minister Narendra Modi's two-day visit to Russia for the BRICS Summit 2024 has kicked off with several bilateral summits discussing key issues such as India-Russia ties, the war in Ukraine, and conflicts with Iran and Israel. The summit, with the theme of 'Strengthening Multilateralism,' will see discussions on global issues and includes new member nations - Iran, Egypt, Ethiopia, and the United Arab Emirates. As major emerging economies, the BRICS group comprises 41% of the world population and 24% of the world GDP, making it an important platform for discussions on global development and security.
BRICS: A Global Force for Collaboration and Development
The BRICS group, comprising Brazil, Russia, India, China, and South Africa, is an influential intergovernmental forum that has gained significant prominence in recent years. The acronym "BRICS" was first coined by Jim O'Neill, a former Goldman Sachs economist, in 2001, who recognized the potential of these emerging economies to reshape the global economic landscape.
Initially, the BRICS group consisted of Brazil, Russia, India, and China. South Africa joined in 2010, expanding the forum's reach and influence. The BRICS countries share a common goal of fostering economic growth, promoting international cooperation, and reforming global economic institutions to reflect the changing world order.
BRICS Summit 2024 and India's Role
The BRICS Summit 2024, held in Moscow, Russia, is set to be a significant event in the history of the group. With the theme "Strengthening Multilateralism," the summit will focus on key global issues such as sustainable development, climate change, international trade, and security.
Prime Minister Narendra Modi's participation in the summit highlights India's growing role within BRICS. India has been an active member of the group, contributing to discussions on various issues and leading initiatives in areas such as infrastructure development and financial inclusion. India's engagement with BRICS is expected to further strengthen its position as a global economic and diplomatic power.
BRICS: A Platform for Global Governance
As a major emerging economies, the BRICS countries represent a large portion of the world population and contribute significantly to global economic growth. The group provides a platform for these countries to coordinate their policies, pool their resources, and work together to address common challenges.
BRICS has established several mechanisms to promote cooperation, including the BRICS New Development Bank, the BRICS Business Council, and the BRICS Parliamentary Forum. These institutions facilitate economic, financial, and political dialogue among the member countries, helping them to shape the global agenda and contribute to a more equitable and sustainable world order.
Top 5 FAQs and Answers
1. What is the significance of the BRICS group? BRICS is an important platform for emerging economies to collaborate on global economic and political issues, fostering economic growth, promoting international cooperation, and reforming global economic institutions.
2. What are the key objectives of the BRICS Summit 2024? The summit aims to strengthen multilateralism, address global issues such as sustainable development, climate change, international trade, and security, and discuss the expansion of BRICS membership.
3. What is India's role within BRICS? India is an active member of BRICS, contributing to discussions and leading initiatives in areas such as infrastructure development and financial inclusion. India's engagement with BRICS strengthens its position as a global economic and diplomatic power.
4. What are the mechanisms established by BRICS to promote cooperation? BRICS has established the BRICS New Development Bank, the BRICS Business Council, and the BRICS Parliamentary Forum to facilitate economic, financial, and political dialogue among the member countries.
5. What is the potential impact of BRICS on the global economy? The BRICS countries represent a significant portion of the world population and contribute substantially to global economic growth. BRICS' cooperation and coordination can influence global economic policies, trade patterns, and the development of international financial institutions.
As the names of the victims begin to emerge, the black boxes from the military helicopter and American Airlines passenger jet have been recovered and are being analyzed in a laboratory. The focus is now on understanding how the two aircrafts collided during a training exercise, leading to the death of 67 individuals. In the ongoing investigation, divers are set to search for more wreckage and aid in the recovery efforts.
In a fiery post on his new social media platform, Donald Trump has warned BRICS countries against any attempts to move away from the US dollar in global trade. The former US President has threatened to impose 100% tariffs on these countries and cut off their access to the US market if they continue with plans to create an alternative currency. Trump's statements highlight the ongoing struggle between the US and emerging economies like India, China and Brazil, who seek to reduce their dependence on the US dollar and increase financial integration among BRICS nations.
Indian Prime Minister Narendra Modi expressed his condolences to the families of the victims of a fatal midair collision between a plane and helicopter in Washington DC. He also extended his solidarity with the people of the United States during this tragedy. US President Donald Trump also addressed the incident, stating that it was a real tragedy and the search and rescue effort has now shifted to a recovery mission with no survivors.
Despite numerous efforts to counter the practice of chhaupadi, which banishes menstruating females into isolated sheds, the deep-rooted fear of repercussions from their clan deity continue to perpetuate the harmful tradition in Western Nepal. Activists and locals share stories of faith in the deity and consequences of breaking chhau rules, leading to the suppression of chhaupadi-related deaths. The superstitious belief that menstruating females are impure extends to the use of family toilets, forcing women to search for alternative options in the jungle. While some deaths may be reported, many more are hidden due to the fear of speaking against the chhaupadi culture.
Tragic news shook Washington, DC as an American Airlines plane and a US Army helicopter collided midair near the Reagan National Airport, causing the death of all 64 passengers on both flights. Rescue operations quickly turned into recovery efforts as authorities confirmed that there were no survivors from the crash. As investigations begin into the cause of the collision in one of the most monitored airspaces in the world, President Trump offers his condolences to the victims and their families.
A TikTok user has shared a chilling experience of being on the same delayed flight as the father of a woman who died in the American Airlines crash in DC. In a video, he shares his experience and expresses his condolences for the victims and their families. The video serves as a poignant reminder of the tragic event and the impact it had on those who were connected to it in some way.
In a bold move, US President Donald Trump has called upon the billionaire founder of SpaceX, Elon Musk, to lead the mission to bring back two NASA astronauts, Sunita Williams and Butch Wilmore, from the International Space Station. With NDTV's 'The World 24X7' hosted by Parmeshwar Bawa, stay up-to-date with the latest world news, analysis, and updates on this high-stakes rescue operation.
During his four-day visit to Japan, Chief Minister of Madhya Pradesh, Mohan Yadav, paid tribute to Mahatma Gandhi at his statue in Kobe. In his post, he mentioned how Bapu's message of cleanliness has brought about change in the country and his disciplined and ideal life will continue to inspire people. The CM will also hold meetings with industrialists and promote investment opportunities in the state of Madhya Pradesh. He extended an invite to Japanese industrialists to attend the Global Investors Summit in Bhopal.
The Swedish media reports that Salwan Momika, a man from Iraq known for his Quran burnings, has died in a shooting near Stockholm. The Stockholm District Court has postponed the verdict in a trial where Momika was a defendant due to his death. Momika had gained worldwide attention for his protests against Islam, which led to riots and unrest in several places. Momika and a co-defendant were facing charges of incitement to racial hatred and were supposed to be handed over on Thursday.
A tragic mid-air collision occurred at Ronald Reagan National Airport when a US Army Sikorsky UH-60 Black Hawk helicopter collided with an American Airlines plane, carrying 60 passengers and four crew members. An immediate search and rescue operation is underway in the Potomac River, but there is no news yet about casualties or the cause of the collision. This is the first plane crash in the US in 15 years, sparking desperate search efforts and raising questions about flight safety. The UH-60 Black Hawk helicopter is a crucial transport and air assault aircraft for the US Army, and its operational readiness has been proven in the toughest conditions. The Army confirmed that the helicopter involved in the collision was not carrying any VIPs at the time.