NEW DELHI / RAIPUR — India has officially assumed the BRICS Presidency and is currently hosting the landmark 18th BRICS Summit in New Delhi. Under the official framework of “Building for Resilience, Innovation, Cooperation and Sustainability,” the high-profile diplomatic conclave has brought together top global leaders, including Russian President Vladimir Putin and Indian Prime Minister Narendra Modi.The core agenda of this year's summit revolves around deepening economic ties with newly inducted member nations, including Iran, the UAE, Egypt, Ethiopia, and Indonesia. Amid rising geopolitical shifts in the Middle East and the Persian Gulf, the member countries are heavily discussing the establishment of alternative global financial systems to boost independent cross-border trade. The HDSMIT Universal Herald editorial desk reports that this summit is expected to redefine emerging market alliances and security cooperation across the Global South. [1] (https://www.thehdsmituniversalh...