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.
Amidst a fragile ceasefire, Israel carried out a targeted airstrike in the Lebanese capital of Beirut, killing five people and injuring dozens more. The strike was ordered by Israeli Prime Minister Benjamin Netanyahu and has drawn criticism from both the Hezbollah and the Lebanese President. This attack marks a significant escalation in tensions between Israel and Hezbollah, who have been in a state of war for almost two years.
Rajnath Singh spoke at a public event where he reinstated the key role that cultural bonds play in India's global hegemony and asserted Sindh's continued significance to Indian heritage Seeing the ever stronger connection between Sindh and India that has recently seen acknowledgement from the people of Pakistan-occupied Kashmir themselves, in the coming years boundaries could realign providing a pathway for Sindh to once again be a part of India.
Indian Prime Minister Narendra Modi arrived in Johannesburg for the G20 Leaders’ Summit in South Africa, where he will engage in bilateral meetings and participate in the IBSA Summit. This marks the first time the G20 is being held in Africa, with the focus being on building solidarity, equality, and sustainability. PM Modi also expressed his excitement to meet with the Indian diaspora in South Africa, highlighting their strong presence in the country. He will present India's perspective on global issues, emphasizing the country's vision of 'Vasudhaiva Kutumbakam' (the world is one family).
As India commemorates its Independence Day in 2025, it's important to share the spirit and pride of this special day with the world. From inspiring morning messages to beautiful patriotic images, this collection offers the perfect words and visuals to show your love for India. Whether it's through WhatsApp, Instagram, or other social media platforms, spread the joy and gratitude for your country on this momentous day.
As jihadists in Mali successfully choke off fuel supplies to the capital, Bamako, tensions rise as the junta struggles to maintain their power. This also sheds light on Russia's promise to provide security support in the region, bringing into question the effectiveness of their aid in combating terrorism. With dwindling resources and increasing instability, the situation in Mali remains uncertain.
The Al Falah University in Dhouj, Haryana is under the spotlight as the Enforcement Directorate launches an investigation into possible terror funding and financial irregularities related to the November 10 Delhi blast. A show-cause notice has been issued to the university which was the hub of the terror module and is unaccredited. Further details reveal how central and state agencies are also reviewing potential money exchanges and individuals associated with the attack. Additionally, the university's website has been taken down for further scrutiny.
Visual ethnographic researcher Amardeep Singh delivers a presentation at the 9th Military Literature Festival, shedding light on the political, social, and military aspects of Maharaja Ranjit Singh's reign. He emphasizes the plural and secular nature of the Lahore Darbar, which included Sikhs, Muslims, Hindus, Dogras, and Europeans in its military and civil institutions. Singh also details the campaigns led by General Hari Singh Nalwa and General Zorawar Singh, highlighting their successes in fortifying Punjab's north-western frontier and expanding control to Ladakh, Baltistan, and western Tibet. This presentation challenges the narrow religious definition often associated with Ranjit Singh's rule.
During his state visit to Bhutan, PM Modi met with both Bhutan's present and former kings, reaffirming India's commitment to its neighbor's development journey. Discussions covered key areas such as energy, capacity-building, connectivity, and defence, while joint activities and agreements highlighted the strong cultural and spiritual bonds between the two countries. This visit further strengthened the unique and longstanding partnership between India and Bhutan, setting the stage for future collaboration and mutual prosperity.
A woman from Telangana, India received closure after 15 years of uncertainty when Bahrain officials informed her that her husband had passed away five years ago due to ill health. Due to certain procedures and formalities, his body cannot be repatriated to India, but Bahrain has offered to conduct the final rites according to traditional customs. This news comes as the latest development in the rising number of deaths of Indian workers in Gulf countries, with the Telangana government providing financial aid to the families of the deceased. Stay updated with the latest developments by following us on Instagram.
World leaders from Estonia, Israel, Japan, Sri Lanka, Spain, Maldives, Ireland, and Italy have extended their support and condolences to India after a blast near Delhi's Red Fort Metro Station left 12 people dead and 20 others injured. Investigators suspect that the blast may have been triggered by the mishandling of explosives by suspects, leading to a high alert in the national capital. The UK has also updated its travel advisory for British nationals in Delhi to follow the guidance of local authorities.