The BRICS Summit 2023 in Johannesburg, South Africa marked a pivotal moment as six new members were announced to join BRICS in 2024. The expansion highlighted the growing competition between India and China for dominance within BRICS and the leadership position of the Global South.
Officials announced today that Japan will begin releasing treated radioactive water from Fukushima into the ocean on August 24, just two days later, following the months of heightened public anxiety and pushback from many neighboring countries.
Even though Putin and Xi Jinping declared a "no limits" friendship in February 2020, the growing dependence on Beijing has created both opportunities and challenges for Moscow’s strategic interests.
Beijing, China, August 11: In a strategic move reflecting the escalating 'chip war,' China has recently imposed strict controls on the export of two...
The Indian government has introduced immediate restrictions on the import of laptops, tablets, and personal computers to boost local manufacturing and reduce dependency on foreign imports.
In a stark warning to the world, United Nations Secretary-General Antonio Guterres proclaimed that the era of global warming has drawn to a close, and a new and alarming phase, the "era of global boiling," has emerged.
The International Monetary Fund (IMF) has increased its GDP growth forecast for India for the financial year 2023-24 to 6.1 percent, up by 20 basis points (0.2 percentage point) from its previous projection of 5.9 percent.
The upward revision was attributed to the exceptional growth numbers recorded in the January-March quarter.
As the world faces economic difficulties, such as depleting dollar reserves and uncontrollable devaluation of local currencies, discussions on reducing reliance on the U.S. dollar have gained momentum. Known as "de-dollarization," this shift has become a focal point in global talks.
India has emerged as a prominent advocate of de-dollarization, with the Indian rupee set to become the official currency of South Asia.
