India has been a member of the BRICS group since 2009. It has been a staunch advocate for the synergistic power. Their summits have focused on a wide range of topics, all of which share the common goal of reorganizing the global economic and political order. The BRICS nations have together accomplished several significant milestones which include the establishment of the New Development Bank, the BRICS Payment System, collaborative anti-terror programs, climate mitigation, green energy, and other such initiatives. South Africa played home to the 15th BRICS Summit, which took place in the August of 2023 and was centered around the theme of “BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development, and Inclusive Multilateralism.” This essay considers issues from an Indian perspective that may pop up in the future BRICS summit.

Since Russia-Ukraine war, India and the United States has enhanced their cooperation as evidenced by the recent engagements. Multiple meetings by officials and leaders including two Quad and 2+2 dialogue summits, have provided a clear stance on each country’s perspective on the recent conflict. The US-India dispute regarding Russia-Ukraine war demonstrates that it is a stress test for the US-India ties, as well as a test of the US leadership in the global politics. The balancing act required to settle the differences between the two countries will have implications for the Indo-Pacific region as well as global security, even though the disagreements are not yet mutually incompatible. Strengthening ties with the US is now a tightrope walk for India. While there are differences between the two countries in Ukraine, the real challenge is turning these differences into opportunities. The paper deals with the different issues arising from the Russia and Ukraine conflict in the context of US-India interface.

In recent years, various steps have been taken to build strong and effective intra-BRICS economic cooperation. Brazil, Russia, India, China, and South Africa have been meeting since 2009 and gained a lot of weightages on different areas of economic relevance. In this course, the contribution of India is very significant. The paper therefore aims to elucidate the bilateral relations of India with its BRICS counterparts. The study begins by stressing the importance of BRICS as a group and its importance in the context of India. The authors hold a descriptive methodology by adopting secondary data from various sources. The paper gives an overview of the individual bilateral relationship of India in terms of trade. Further, the study suggested how a change of policy and infrastructural development can make the relationship of India with BRICS counterparts much stronger and sustainable.

There is no doubt that the BRICS countries established in 2000-01, have already made their mark on the international stage. Increasing relations among BRICS countries with less developed nations through south-south cooperation, especially, China, India, and Russia and with least developed countries are of significant importance. BRICS has been the forerunner of cooperation, collaboration and reformation of the present international governance structure and to move towards multilateralism. Over the years, BRICS has become a platform of, and for the developing countries. The ongoing conflict between Russia and Ukraine has created divisions in the world, impacting diplomatic relations that BRICS needs to address. The fact that Russia is the member of BRICS makes things complicated and new challenges has emerged for the bloc to take necessary actions and policy considerations. The article examines the challenges and opportunities for BRICS (as a bloc) amid Russia-Ukraine conflict in a post pandemic world.

One of the overwhelming issues in the global economy has been China-US trade war. The edited book by Rahul Nath comprises of chapters on different dimensions of the trade war. AS the crisis emerged between two economic powers of East (China) and West (US), it had substantial consequences on South Asian economies. The chapters identify key challenges as the outcome of China-US trade war. While building on the consequences of the conflict, the book traces on the impact on trade barriers, both tariff barriers and non-tariff barriers. The empirical evidences examined identify the spill over effects on the South Asian economy. Amid China-US trade war, the litmus test has been for the WTO as there has been rise in preferential trade agreements. The authors have examined these issues in detail.

Outward Foreign Direct Investment (OFDI) is the cross-border capital flow with the objective of the long-term association having at least a ten percent stake in the equity of the host country firm. In the case of new investment, the total equity is OFDI. This research aims to analyze OFDI in the context of China. The lasting interest is considered 10% equity, thereby saying that if the cross-border investment is at least 10% of the equity share capital, the investment would be considered FDI; if below 10%, it is considered to be a Portfolio Investment. We have applied a more emic approach and discussed the determinants of multinational companies (MNCs) from China. Using an exploratory and qualitative approach, case studies of Chinese MNCs are discussed. Secondary data is utilized to obtain a closer insight into the determinants of OFDI from Chinese MNCs. At the end of this paper, suggestions for OFDI policymakers and study limitations are discussed. This research makes recommendations to the Chinese government regarding OFDI in connection with their economic development.