The 15th Annual Brics Summit on August 22nd will be marked by Russia's absence due to potential legal actions. This highlights the diverse challenges and goals within the group—Brazil, Russia, India, China, and South Africa—aiming to enhance geopolitical relevance. Their differences, nuclear capabilities, economies, and geopolitical stances create a complex dynamic. While the New Development Bank (NDB) and collective desire for a multipolar world underscore Brics' significance, expanding membership, including Iran, Argentina, and Indonesia, could reshape the global landscape. China and Russia seek expansion, while Brazil and India are cautious about maintaining balance and Western rivalry.
8 Sep 2023India is set to launch the Global Biofuel Alliance (GBA) in Goa, aiming to impact the global energy landscape. While G20 countries and others are attending the event, Saudi Arabia, Russia, and China are expected to skip it. The alliance focuses on biofuel adoption, standards, and industry participation. India's move signals its stance on net-zero and OPEC+ issues. Learn how this initiative could shape global energy policies and India's ambitious biofuel roadmap. Stay tuned for more insights into the GBA's impact on the world's energy transition.
24 Jul 2023Opposition parties in India have named their alliance for the 2024 general elections as the Indian National Developmental Inclusive Alliance (INDIA), prompting a potential "INDIA versus NDA" portrayal of the upcoming contest with the ruling Bharatiya Janata Party's National Democratic Alliance. The BJP has previously used clever acronyms to its advantage, so it cannot complain about the opposition's wordplay. The opposition's emphasis on inclusion could be defended, but the BJP may try to highlight differences in language and cultural resonance.
1 min read18 Jul 2023Yulu Bikes, a Bengaluru-based startup with a strategic alliance with Bajaj Auto, may file for an initial public offering (IPO) in FY26, according to ET. The company is seeking debt and equity in the short to medium term to fund its activities.
1 min read8 Jun 2023Lok Sabha polls 2024: As per political analysts, three assembly elections could also take place alongside the Lok Sabha polls which will keep the political pot boiling
2 min read15 May 2023Karnataka election result: JD(S) leaders said that they were approached by both the ruling Bharatiya Janata Party (BJP) and Congress for a post-poll alliance to form the next government
3 min read13 May 2023The US Labor Department report showed job growth accelerated in April and wage gains increased solidlyThe Dow Jones Industrial Average rose 546.64 points, or 1.65%, to 33,674.38
4 min read6 May 2023Gold rate today has immediate support placed at $2,030 whereas it is facing resistance at $2,080 mark, say experts
2 min read5 May 2023SGX Nifty today opened lower but soon witnessed buying interest that signals upside trend amid high volatility, say stock market experts
3 min read5 May 2023Bihar Chief Minister Nitish Kumar is expected to meet Mamata Banerjee at her office in the state secretariat 'Nabanna' either on Monday or Tuesday
3 min read24 Apr 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared