The fragile compromises of the BRICS summit

In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets: 1. The BRICS Summit: What Was Actually Achieved? We’ll cover: ●Why BRICS is struggling to build an alternative to the US dollar ●The challenges around local-currency payments and a BRICS currency ●What the summit revealed about tensions between India, China, Russia, Iran and the UAE 2. UK Recognises India’s Carbon Market We’ll cover: ●How the UK’s CBAM affects Indian exporters ●Why India’s carbon credits cannot simply offset the UK’s carbon charge ●The challenges around carbon pricing, verification and claiming relief Audio Timestamps 00:04 Intro 00:30 Inside the BRICS summit 13:43 UK recognises India’s carbon market 21:18 Tidbits We also send out a crisp and short daily newsletter for The Daily Brief. Put your email here and we'll make you smart every day: https://thedailybrief.zerodha.com/ Note: This content is for informational purposes only. None of the stocks, brands, or products mentioned are recommendations or endorsements.