INDIA BRAZIL ECONOMIC FORUM
Power to empower must include the power to stay well
“The true value of power lies in its purpose,” the Prime Minister told the Bloomberg New Economy Forum in October. India’s next lever of power is the health of its people, and the digital infrastructure behind CoWIN can now help keep a billion Indians well.
India-US trade deal enters fine-tuning stage as most talks conclude, says Piyush Goyal
India and the US are refining their bilateral trade agreement after concluding most discussions on the deal. Commerce Minister Piyush Goyal indicated significant progress has been made towards finalizing the agreement. Recent talks have involved high-level meetings between officials from both nations, focusing on tariff reductions and trade frameworks. Goyal is currently leading a significant delegation to the Netherlands and Germany to promote bilateral business ties.
Mumbai, Marketplace, Moscow: Three 'M's for Russian exports to India
Russian exporters are increasingly tapping into the Indian market, utilizing platforms like the permanent pavilion in Navi Mumbai. Additionally, e-commerce giants such as Amazon India and niche platforms are playing a vital role in this process. An upcoming international export forum in Moscow aims to strengthen these ties through collaboration and technological discussions.
India’s ‘dear friend’ is back in power in Brazil, and a $30 billion trade opportunity is on the table
Prime Minister Narendra Modi congratulated Brazilian President-elect Luiz Inácio Lula da Silva on his re-election, pledging to deepen the India-Brazil Strategic Partnership. Bilateral trade rose 25% to $15.21 billion in 2025, with Lula setting a target of $30 billion.
Lula wins a historic fourth term, but Bolsonaro's refusal to concede clouds Brazil's political future
Senator Flavio Bolsonaro has questioned the legitimacy of President Luiz Inacio Lula da Silva's election results following the recent elections. Despite trailing by over 4 million votes, Bolsonaro plans to challenge the results, which is unlikely to succeed. Lula's victory defies both polling predictions and global sentiments against incumbents in Latin America. However, Lula faces numerous challenges with a Congress that includes many Bolsonaro supporters.
- Go To Page 1
Brazil stock market to crash today? What Lula’s surprise victory in elections means for emerging markets, commodities
Brazil’s stock market faces a potential sharp selloff after President Luiz Inácio Lula da Silva’s surprise election victory dashed investor hopes of a change in government and fiscal policy. Analysts warn of possible circuit breakers as the real weakens and soybean futures slide, with emerging markets also watching the fallout.
Lula da Silva: A metalworker who rose from poverty to reclaim Brazil's presidency
Luiz Inácio Lula da Silva has secured a fourth, non-consecutive term as Brazil’s president, defeating Flávio Bolsonaro in a fiercely contested election. The victory strengthens the left’s position in Latin America amid Donald Trump’s growing influence, marking another remarkable comeback for the former metalworker who overcame corruption convictions and imprisonment.
BRICS Parliamentary Forum: Om Birla says parliaments can ease global tensions, build trust among nations
Om Birla highlighted the essential role parliaments play in fostering cooperation and dialogue among nations. He spoke at the 12th BRICS Parliamentary Forum held in New Delhi. Birla addressed several global challenges including wars, economic instability, and climate change that transcend borders. He emphasized the importance of mutual understanding in reducing tensions and resolving global issues. India became the chair of the forum during the 11th meeting in Brazil.
'Brazil is no one's backyard': Re-elected Brazilian president Lula da Silva
Luiz Inácio Lula da Silva has recently been re-elected as the President of Brazil. During his victory speech, he emphasized Brazil's status as an independent nation. Lula stated that the new government will reform the administrative system significantly. He aims to enhance public involvement in the decision-making processes that affect them.
‘We will continue to strengthen our cooperation’: PM Modi congratulates Brazilian President Lula on re-election
Prime Minister Narendra Modi congratulated President Luiz Inácio Lula da Silva on his re-election in Brazil. Modi expressed his eagerness to enhance the India-Brazil Strategic Partnership and broaden collaboration across various sectors. The two leaders discussed their commitment to addressing shared priorities within the Global South. Modi emphasized their goal of creating a more inclusive and sustainable world together.
Trump critic Lula wins reelection in Brazil, securing fourth presidential term
Brazil's President Luiz Inacio Lula da Silva secured his fourth term in a close election against Flavio Bolsonaro. The election was marked by confusion at polling places due to a last-minute decision to extend voting. Lula's victory represents a significant moment for leftist leadership in Latin America. Challenges related to the cost of living and security were crucial in the election.
Lula beats Trump-aligned Bolsonaro in Brazil Presidential election: What happens next for US ties and the Amazon
In a decisive victory, Luiz Inácio Lula da Silva has clinched the presidency of Brazil for the fourth time, signaling a potential shift in the nation’s diplomatic ties with the United States under Donald Trump. Lula's agenda includes combatting Amazon deforestation, a stark departure from Bolsonaro's environmental stance. Meanwhile, Flávio Bolsonaro seeks to uphold his father's political legacy.
Brazil election 2026: Flavio Bolsonaro refuses to concede, says he will seek annulment of vote after Lula's win
Brazilian Senator Flavio Bolsonaro has refused to concede defeat to President Luiz Inacio Lula da Silva and said he would seek to annul the presidential runoff. Bolsonaro called a Supreme Court justice’s decision to extend voting by two hours “unacceptable”, challenging the conduct of an election that secured Lula a fourth non-consecutive term.
Brazil presidential election results: Five economic challenges facing re-elected President Lula
Brazil's economy is encountering significant challenges as President Lula starts his fourth term in January. Soaring public debt and rising mandatory spending limit budget flexibility, complicating fiscal management. High interest rates and persistent inflation hinder economic growth, impacting household and business debt levels. Lula's ability to implement reforms may be constrained by a conservative Congress, complicating his agenda.
Protests rage in Arunachal: India’s answer to China’s mega dam faces resistance in Siang valley
Arunachal Pradesh protests: The ambitious 11,200 MW Siang Upper Multipurpose Project has sparked huge uproad among local tribes in the state, who are fearful about the potential displacement of over 150,000 people and the loss of villages and farmland.
Diversification plan: NMDC scouts for mining assets across four continents
NMDC is actively seeking mining assets worldwide, including critical minerals to support various industries. The company aims to earn 20 percent of revenues from minerals other than iron ore. This expansion aligns with government initiatives to secure raw material supplies and decrease import dependency. NMDC's strategy is expected to enhance its role in India's manufacturing sectors. Industries such as automotive, renewable energy, and electronics will benefit from these efforts.
India accuses Pakistan of propaganda at UN, invokes ‘Form 47 government’
India's First Secretary at the UN, Raghoo Puri, criticized Pakistan's diplomatic efforts during a recent dialogue. He highlighted the challenges facing Pakistan, such as economic issues and human rights violations. Puri emphasized that Jammu and Kashmir is an integral part of India while rejecting Pakistan's claims. He noted the significant contributions of minority communities to India's development and governance.
Iran's top negotiator Ghalibaf cancels India visit for BRICS Parliamentary forum
Iranian Parliament Speaker Mohammad Bagher Ghalibaf has cancelled his attendance at the upcoming BRICS Parliamentary Forum. The Iranian Embassy in New Delhi cited unforeseen circumstances for his absence from the event. An Iranian parliamentary delegation will still participate in the two-day forum scheduled for late October. Ghalibaf's role in ongoing negotiations related to Iran's regional conflicts is significant.
Brazil's Lula opens state toolbox to woo voters in runoff against Bolsonaro. Here's what is on offer
President Luiz Inacio Lula da Silva is campaigning against Flavio Bolsonaro in Brazil's upcoming presidential runoff election. Lula is proposing various populist promises aimed at securing voter support and winning the election. These promises include reducing the workweek and expanding welfare benefits through Bolsa Familia. Additionally, Lula's plans involve debt relief for low-income Brazilians and measures to reduce transportation costs.
GLP-1 boom in China, India, Brazil could create $22 billion market by 2035, J.P. Morgan says
The China-India-Brazil market for GLP-1 weight-loss drugs could expand to $22 billion by 2035 from $6.6 billion currently, J.P. Morgan estimates. Improving affordability, generic launches and wider access could drive adoption, though penetration remains low, particularly in India, where cost concerns and cultural resistance to injectable treatments remain key barriers.
India-Poland strategic partnership should translate into JVs, says PM Tusk
Poland Prime Minister Donald Tusk emphasized the importance of moving beyond traditional trade with India. He advocated for deeper cooperation in technology, artificial intelligence, and aerospace between the two countries. Tusk also highlighted Bengaluru's significant role as a global technology and innovation hub. He called for translating declarations of strategic partnerships into joint ventures to strengthen economies. These initiatives aim to enhance access to global markets and foster economic growth.
Iran's Ghalibaf to visit India for BRICS Forum
Mohammad Bagher Ghalibaf will attend the two-day BRICS Parliamentary Forum in India starting October 26. His role as a negotiator in conflicts with Israel and the US is significant. Lok Sabha Speaker Om Birla addressed the forum's details in a recent press conference. Also, discussions about possible impeachment of Chief Election Commissioner Gyanesh Kumar were mentioned by Birla.
BRICS Parliamentary Forum to be held in Delhi on October 26-27, says Om Birla
The 12th BRICS Parliamentary Forum is scheduled to occur in New Delhi on October 26-27, focusing on people-centric development. Prime Minister Narendra Modi will be present to engage with delegates from member countries. The forum will include discussions on various topics like ethical artificial intelligence, digital transformation, and global governance reforms. India has initiated efforts to establish Parliamentary Friendship Groups with 64 countries for enhanced cooperation.
Putin's envoy says Nord Stream gas pipelines will 'inevitably' resume operations
Kirill Dmitriev, an envoy of Russian President Vladimir Putin, told an economic forum in Istanbul on Thursday that the undersea Nord Stream gas pipelines, damaged by blasts.
India-NZ FTA in force: Over half of New Zealand’s exports to India now tariff-free, Wellington also eyes Brazil, Canada
New Zealand is working to strengthen trade relations with Brazil and Canada in response to economic uncertainties. The country expects to complete the first New Zealand-Brazil Trade and Investment Dialogue after upcoming elections. A new free trade agreement with India has been implemented, making more than half of exports tariff-free. The agreement will benefit various products, including sheep meat and wool, as well as local businesses.
Meta tells Brazil's electoral court it treats Lula and Flavio Bolsonaro equally ahead of Sunday vote
Meta has taken steps to comply with a court order for equal treatment of presidential candidates in Brazil. The electoral court directed the company to ensure balanced platform coverage before the upcoming runoff election. This follows allegations from President Luiz Inacio Lula da Silva's campaign regarding biased algorithms favoring his opponent, Flavio Bolsonaro. Meta has implemented measures to uphold electoral advertisement regulations amidst growing tensions.
In Brazil, a stolen phone can cost more than money — and shape an election
Cellphone theft remains a significant concern for many Brazilians amid a decline in overall crime rates. In Sao Paulo, where phone thefts are highly prevalent, both presidential candidates are responding to public unease. President Luiz Inacio Lula da Silva has introduced increased penalties for phone theft, while challenger Flavio Bolsonaro has proposed stricter sentences. Affected individuals express feelings of vulnerability and stress after experiencing theft, further highlighting public safety issues.
China flags APEC's role as key for a challenged global economy
During the opening of the APEC Finance Ministers' meeting in Hong Kong, China's Finance Minister Lan Foan highlighted the importance of the APEC forum for promoting economic cooperation. He urged the 21 member countries to work together in addressing global economic challenges, stressing collaboration in sectors such as artificial intelligence, the digital economy, and green initiatives. Lan reaffirmed China's commitment to broad economic reforms designed to stimulate growth.
Load More
