business π Tharoor defends BRICS amid P Chidambaram's doubts
Shashi Tharoor argued that BRICS showcases India's significant diplomatic convening power ahead of the summit in Delhi. He noted the 11 BRICS nations represent a majority of the world's population and 41 per cent of global GDP. Tharoor acknowledged challenges, mentioning past disagreements on declarations concerning the Iran war and Russia-Ukraine conflict. Furthermore, he pointed out India's trade imbalance, showing exports to BRICS are declining while imports are rising. These points came after P Chidambaram questioned the tangible benefits India has received from the grouping.