business ๐ฎ๐ณ From idea to power: India leads BRICS now
BRICS started in 2001 as a simple acronym invented by Goldman Sachs economist Jim O'Neill, grouping four economies together. India was present when the concept evolved from a research note into the first actual summit in 2009, hosted by Russia. The group significantly expanded its influence after voting in 2023, adding Egypt, Ethiopia, Iran, and the UAE in 2024. India takes the chair in 2026, aiming to push for resilience and cooperation amidst global tensions. This signifies a shift where India, once forecasted, is now shaping global economic narratives. ๐