Russian President Vladimir Putin stated BRICS nations now lead global economic growth. Western competitors are attempting to regain their former leadership position. BRICS economies have accounted for over forty percent of world GDP recently. He added that Russia faces unprecedented sanctions but its economy shows growth. Putin highlighted the rise of homegrown BRICS companies competing globally.

Some experts say BRICS need not replace the West to succeed - only make Western dominance harder to exercise.

Russian President Vladimir Putin stated BRICS nations now lead global economic growth. Western competitors are attempting to regain their former leadership position. BRICS…

Addressing the Leaders' Session of the BRICS Business Forum in New Delhi, Russian President Vladimir Putin said the world is undergoing structural shifts as new engines of…