Russian President Vladimir Putin told the BRICS Business Forum in New Delhi that BRICS countries produced over 40% of world GDP in the last five years versus the G7's 29%, taking a swipe at the group's name during the 2026 summit curtain-raiser.
Read Full ArticleJapan's Cabinet approved the record 598-page Defence of Japan 2026 white paper on August 4, labelling China its "greatest strategic challenge" and warning of Beijing's expanding Pacific military reach. China rejected the assessment as exaggerated, accusing Tokyo of using the report to justify military expansion.
India's foreign exchange reserves rose $7.26 billion to $674.19 billion in the week ending July 3, 2026, driven by a $4.51 billion rise in foreign currency assets and a $2.67 billion jump in gold reserves, reversing the previous week's $5.65 billion decline and sitting $54 billion below February's all-time record.
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