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BRICS issues New Delhi Declaration, as UAE and Iran back down from tough positions
The 11-member BRICS grouping, chaired by Indian Prime Minister Narendra Modi, successfully adopted the New Delhi Declaration after navigating a complex diplomatic impasse between Iran and the UAE regarding language describing the ongoing conflict in West Asia. The summit underscored BRICS' evolving role as a platform for emerging economies seeking a multipolar world order and a stronger voice in global governance, while carefully managing internal contradictions among its expanded membership.
Read on The HinduDive Into Study Notes![Illustration about Economy: The [Insolvency and Bankruptcy Board of India] (IBBI) has proposed tighter regulations for personal guarantor insolvency](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-13%2Finsolvency-regulator-mulls-tighter-safeguards-for-personal-guarantee-insolvency-bd5bd855.png&w=1200&q=75)
Must ReadInsolvency regulator mulls tighter safeguards for personal guarantee insolvency
The [Insolvency and Bankruptcy Board of India] (IBBI) has proposed tighter regulations for personal guarantor insolvency to prevent abuse of the process and ensure transparency. The proposals aim to align personal guarantor safeguards with corporate insolvency, focusing on related-party voting restrictions, scrutiny of fraudulent transactions, independent asset valuation, and detailed justification for repayment plans by creditors.
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Must ReadBRICS Summit 2026 LIVE updates: India focused on four pillars: resilience, innovation, cooperation, sustainability, says PM Modi
India hosted the concluding session of the 2026 BRICS summit, where Prime Minister Narendra Modi outlined India's focus on four pillars: resilience, innovation, cooperation, and sustainability. The summit, attended by leaders from the expanded 'Greater BRICS' grouping, took place against a backdrop of complex geopolitical challenges, with leaders discussing cooperation in AI, trade, and the development of the Global South, while expressing concerns over the weaponization of technology and critical minerals.
Read on The HinduDive Into Study Notes![Illustration about Geopolitics & Conflicts: A report by the [Centre for Research on Energy and Clean Air] reveals a significant shift in global oil trade patterns d](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-13%2Frussia-imports-record-fuel-from-india-as-ukraine-strikes-hit-refineries-065a0d27.png&w=1200&q=75)
Must ReadRussia imports record fuel from India as Ukraine strikes hit refineries
A report by the [Centre for Research on Energy and Clean Air] reveals a significant shift in global oil trade patterns due to the ongoing Russia-Ukraine war. Ukrainian drone strikes have severely impacted Russia's domestic refining capacity, forcing the historical energy exporter to import record amounts of refined fuel.
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ImportantThe Security Council is paralysed, but the UN is not broken, says UNSG Guterres
UN Secretary-General Antonio Guterres criticized the current state of global leadership, particularly highlighting the paralysis within the UN Security Council (UNSC). Speaking at the 18th [BRICS] summit, he noted a culture of 'impunity' among global superpowers and underscored the urgent need for UN reform amid ongoing conflicts in West Asia and Ukraine.
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Must ReadWhy is NCPCR investigating Meta, Instagram?
The [National Commission for Protection of Child Rights] (NCPCR) and the [Ministry of Electronics and Information Technology] (MeitY) have summoned Meta officials following reports of child sexual exploitation and abuse material (CSEAM) advertisements on Instagram. Investigations revealed that Meta's automated moderation systems failed to detect and remove numerous violative ads, raising concerns about the efficacy of AI in content moderation and the accountability of social media giants under Indian law.
ImportantCalibrated capitulation: Congress slams PM Modi after his meeting with Xi
The Indian National Congress has criticized Prime Minister Narendra Modi's approach to China following his recent bilateral meeting with Chinese President Xi Jinping on the sidelines of the BRICS summit. The opposition party has raised questions regarding India's negotiating position, alleged territorial advances by China in Ladakh and Arunachal Pradesh, and the growing trade deficit, terming the government's stance as "calibrated capitulation.".
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