By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: Nirmala Sitharaman highlights India’s strong economic resilience at BRICS – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Nirmala Sitharaman highlights India’s strong economic resilience at BRICS – World News Network
Business

Nirmala Sitharaman highlights India’s strong economic resilience at BRICS – World News Network

worldnewsnetwork
Last updated: July 7, 2025 12:00 am
worldnewsnetwork 1 day ago
Share
SHARE

Rio de Janeiro [Brazil], July 7 (ANI): Speaking at the BRICS Finance Minister and Central Bank Governors meeting, Finance Minister Nirmala Sitharaman highlighted India’s demonstrated resilience through a combination of strong domestic demand, prudent macroeconomic management, and targeted fiscal measures.
The finance minister, as part of her intervention at the meeting, said that India’s policy response to trade and financial restrictions has focused on diversifying markets, promoting infrastructure-led growth, and implementing structural reforms aimed at boosting competitiveness and productivity.

The Union Finance Minister underlined India’s view that BRICS is a vital platform for advancing inclusive multilateralism, especially when global institutions are facing a crisis of legitimacy and representation — BRICS must lead by example by reinforcing cooperation, advocating credible reforms, and amplifying the voice of the Global South.

Finance Minister Sitharaman also said that while South-South cooperation remains vital in advancing climate and development goals, the Global South should not be expected to carry the main burden of climate action, and BRICS countries are well placed to deepen cooperation on sustainable development.

According to the joint statement put out on Sunday, hours before the Summit, the Finance Ministers and Central Bank Governors of the BRICS countries have called on advanced economies and the international financial system to provide “substantial” finance for climate mitigation in developing economies.
“…We call on advanced economies and other relevant actors in the international financial system as well as the private sector to provide substantial finance for climate actions in developing countries, including by expanding concessional finance and increasing private capital mobilisation,” the joint statement read.
“Given the significant adaptation needs of EMDEs (Emerging Market and Developing Economies), we call on international financial institutions to scale up support for adaptation and to help create an enabling environment that encourages greater private sector participation in mitigation efforts,” the joint statement continued.
India, a BRICS member, has always been vocal about climate finance arrangements, primarily from the developed countries that are huge carbon emitters. India continued to be vocal about the need for adequate finance, particularly for the Global South.
Climate finance typically refers to any financing that seeks to support mitigation and adaptation actions that will address climate change.
Developing countries have been of the view that developed nations bear a greater historical responsibility for emissions and should take the lead in mitigation and finance.
Finance Ministers and Central Bank Governors of the BRICS countries had gathered in Rio de Janeiro, Brazil, on July 5, 2025, under the theme “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance”.
BRICS member countries encompass almost half of the world’s population, spreading across four continents, and their economies account for nearly 40 per cent of global Gross Domestic Product. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Foxconn’s June sales hit record high, driven by AI and cloud boom – World News Network

Gaurs Group Inaugurates CLUB 16 at Gaur Yamuna City, Strengthens Role in Yamuna Expressway’s Urban Transformation – World News Network

From Internet Cafe to India’s Top AI Astrology App: The Inspiring Journey Behind AstroVoice AI – World News Network

Rushil Decor Limited’s Green Initiative in Andhra Pradesh, A Commitment to Sustainability and Community Empowerment – World News Network

Superstar Kichcha Sudeepa Acquires Bengaluru Racing Team the Indian Racing Festival — Launches ‘Kichcha’s Kings Bengaluru’ – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article MLA Chaitar Vasava’s arrest, clear sign of BJP’s desperation after defeat in Visavadar: Arvind Kejriwal – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

New tech tracks blood sodium without needle: Study – World News Network
Health 1 day ago
A look at ‘Pehla Tu Duja Tu’ song from Ajay Devgn, Mrunal Thakur-starrer ‘Son of Sardaar 2’ – World News Network
Entertainment 1 day ago
Sean ‘Diddy’ Combs gets standing ovation from fellow inmates after court verdict – World News Network
Entertainment 1 day ago
WATCH: Check out how Masaba Gupta, Neena Gupta are ‘entertaining’ Matara – World News Network
Entertainment 1 day ago

Sports

“Perception of technique, people changes after every match, series…”: Gill following historic Birmingham masterclass – World News Network
Sports
First signs of ‘Gill Era’ promise: India’s superstars and heroics at Birmingham, in numbers – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

“That’d be fun”: Kyle MacLachlan on potential reprise of his character in ‘Desperate Housewives’ reboot – World News Network
Entertainment
‘Descendants’ cast pays tribute to co-star Cameron Boyce on his sixth death anniversary – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?