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JP Morgan warns new payment systems may erode US dollar dominance

JP Morgan warns new payment systems may erode US dollar dominance

JP Morgan's report highlights signs of de-dollarisation as energy transactions shift to non-USD currencies. Emerging payment systems could undermine the dollar's global influence, especially amid geopolitical tensions.

30 October,2024 12:55 PM IST | New Delhi
Brazil declines China’s Belt and Road Initiative, follows India’s lead in BRICS

Brazil declines China’s Belt and Road Initiative, follows India’s lead in BRICS

Brazil has chosen not to join China’s Belt and Road Initiative (BRI), becoming the second BRICS nation after India to withhold support for the multi-billion-dollar project. Brazil aims to explore independent partnerships with China without formal ties to BRI.

29 October,2024 11:29 AM IST | Beijing
Ambassador Denis Alipov discusses India-Russia relations

Ambassador Denis Alipov discusses India-Russia relations

Alipov highlighted BRICS as a platform that amplifies the voices of the Global South and developing nations in international affairs. He noted that there is no legitimate reason for fear of US sanctions and stressed India's right to engage freely with various countries

28 October,2024 03:33 PM IST | New Delhi | mid-day online correspondent
Disengagement of troops at LAC by October 28-29

Disengagement of troops at LAC by October 28-29

Process part of agreement to end 4-yr India-China standoff

26 October,2024 07:51 AM IST | New Delhi | Agencies
India, China initiate troop disengagement in eastern Ladakh

India, China initiate troop disengagement in eastern Ladakh

External Affairs Minister S. Jaishankar confirmed on October 22 that India has reached an agreement with China to restore patrolling arrangements along the LAC to pre-May 2020 conditions. The border tensions between India and China began in 2020 due to aggressive military actions by China in eastern Ladakh

25 October,2024 11:21 AM IST | New Delhi | mid-day online correspondent
BRICS Summit: PM Modi holds dialogue with Chinese President Xi Jinping

BRICS Summit: PM Modi holds dialogue with Chinese President Xi Jinping

PM Modi met Chinese President Xi Jinping on the sidelines of BRICS Summit in Russia and welcomed the agreement reached between the two countries earlier this week on patrolling arrangements along LAC in Ladakh

23 October,2024 07:41 PM IST | Kazan | mid-day online correspondent
BRICS Summit: PM Modi calls for 'single-minded focus' to combat terrorism

BRICS Summit: PM Modi calls for 'single-minded focus' to combat terrorism

PM Modi made the remarks in the presence of Russian President Vladimir Putin, Chinese President Xi Jinping and Iran's Masoud Pezeshkian. In his address at the 16th BRICS Summit, he also underlined the need to take 'active steps' to stop the radicalisation of youths

23 October,2024 05:46 PM IST | Kazan | mid-day online correspondent
India supports dialogue and diplomacy, not war: PM Modi

India supports dialogue and diplomacy, not war: PM Modi

Kazan, Oct 23 (PTI) India supports dialogue and diplomacy and not war, Prime Minister Narendra Modi said at the BRICS Summit here on Wednesday, in an unambiguous message calling for resolution of the Russia-Ukraine conflict through peaceful negotiations.

23 October,2024 05:20 PM IST | Kazan | PTI
PM Modi invites Russian President to visit India next year for Annual Summit

PM Modi invites Russian President to visit India next year for Annual Summit

This was their second meeting this year as the two leaders had earlier met in Moscow for the 22nd India-Russia Annual Summit in July 2024

23 October,2024 11:22 AM IST | Russia | ANI
PM Modi meets Iranian President on margins of BRICS summit in Russia

PM Modi meets Iranian President on margins of BRICS summit in Russia

Had a very good meeting with the President of Iran, Mr. Masoud Pezeshkian. We reviewed the full range of relations between our countries. We also discussed ways to deepen ties in futuristic sectors," PM Modi wrote on X

22 October,2024 10:59 PM IST | Kazan | PTI

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