But the choice test applies to India as much as to the countries it hopes will follow its lead. If BRICS genuinely widens India's menu of markets, technology partners and financing sources without deepening its dependence on any one of them, it becomes a credible model for the rest of the Global South.
India’s stand for a dollar-based system is not a rejection of BRICS alignment or unity, but it is a determined choice to act in favour of self-interest like any other founding member. The key difference is India’s position has been the most transparent of all founding members rather than standing behind the collective rhetoric.
The evidence indicates that the increase in state borrowing over the past decade is best understood as the outcome of a changing fiscal federal system rather than simply an expansion of welfare politics.
For India, delays in its strategic projects are not merely bureaucratic setbacks but a matter of national security. Colombo’s motives remain opaque, but for New Delhi, a presence in Sri Lanka’s North and East is non-negotiable.
The People's Bank of China has increased its stake in India's banking and financial services company HDFC to 1.01 percent. The central bank of China currently has nearly 1.75 crore shares in HDFC during the quarter ended March, according to data submitted by the company at the BSE
The Indain government on Thursday slammed China at the United Nations for raking up India's internal matters and its failure to recognize Pakistan's cross-border terrorism in Jammu and Kashmir
The China-Pakistan Economic Corridor (CPEC) is making steady progress, and its scope will be further enhanced in the second phase, a top Pakistani official said
Sri Lanka’s Hambantota Port, run by China’s CM Ports group with Chinese oil group Sinopec, has stocked up bunker oil to supply ships passing the island with the global shipping industry hit by the fallout of Coronavirus
China Railway Group Limited (CREC) has donated Personal Protective Equipment and other safety gears to the Combined Military Hospital and Kurmitola General Hospital in Dhaka to extend support to the Bangladesh government's fight against the coronavirus outbreak
The Chinese government is reluctant to open trade routes with Nepal, saying the coronavirus infection has been gradually spreading in Nepal
In what is being called the "cruelest irony" China, that blasted the world with one million coronavirus cases, now stands to gain from the fallout, exporting equipment and supplies needed to fight the pandemic, according to a US leader
Air India on Saturday commenced the first cargo flight between Shanghai and Delhi. "An Air-bridge between Shanghai & Delhi has been established," the Ministry of Civil Aviation said in a statement on Saturday
The International Council of Jurists (ICJ) and All India Bar Association have moved the United Nations Human Rights Council seeking compensation from China for "surreptitiously developing a biological weapon capable of mass destruction."
It is now recognized all over the world that COVID-19 originated from the Wuhan region in China and China did not forewarn the world at the right time about what is now known as the China virus disaster
Air India is likely to transport critical medical equipment and supplies from China starting April 3
The Chinese government has provided medical aid to Nepal government on Sunday to combat the novel coronavirus
Nepal's Ministry of Foreign Affairs (MoFA) has said that necessary medicines required for the control of coronavirus infection will arrive in Nepal on Saturday
A Bangladeshi doctor in Fuwai Hospital--Dr Misbahul Ferdous--together with three organisations in China are sending PPEs to Bangladeshi doctors
China has asked Pakistan to open the border between the two countries for one day on Friday so that medical supplies to combat the novel coronavirus could be transported, a media report said
