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World

World News Live Updates: Jaishankar says BRICS consensus on important issues key to bloc’s future expansi… – The Economic Times

Editorial Staff
Last updated: May 14, 2026 9:41 am
Editorial Staff
9 hours ago
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World News Live Updates: Speaking at the BRICS Foreign Ministers’ Meeting on Thursday, External Affairs Minister S. Jaishankar said more than 80 BRICS meetings have been held with active participation from all members, helping deepen cooperation across sectors. Stressing the need for an inclusive and collaborative BRICS framework, Jaishankar said India has also been engaging partner countries as Chair. He added that for the smooth advancement of BRICS, newer members must fully appreciate and subscribe to the bloc’s consensus on key issues.

Two online content creators were arrested from Dinhata in West Bengal’s Cooch Behar district for allegedly posting an offensive video targeting Chief Minister Suvendu Adhikari, a senior police officer said on Thursday. The duo was apprehended on Wednesday following complaints that the viral video “contained derogatory and offensive language against the CM”, he said.
The Supreme Court of India on Thursday asked parties involved in the dispute between Rani Kapur and Priya Kapur over the Kapur family trust not to take any steps that could directly affect the ongoing mediation process. The apex court stressed the need to allow mediation proceedings to continue without interference.
Indian ​Foreign Minister Subrahmanyam Jaishankar ​said on Thursday that “safe, unimpeded maritime flows” through ‌international ⁠waters, ⁠including the Strait of ​Hormuz and the Red Sea, ​are vital for global economic well-being. “We ​must also ⁠address the ‌increasing ​resort ​to unilateral coercive ⁠measures and sanctions inconsistent with ​international law and the UN ​Charter,” Jaishankar said in his speech at the meeting of ‌BRICS foreign ministers in New ​Delhi. BRICS ​includes ⁠Brazil, Russia, India, China, South Africa, Ethiopia, Egypt, Iran, ​the United Arab Emirates and Indonesia.
Supreme Court hears a fresh application in the ₹30,000-crore Sanjay Kapur family dispute after allegations surfaced that key corporate decisions were being taken by his wife Priya Kapur and others despite the matter having been referred to mediation by the apex court.
Talks between Chinese President Xi Jinping and US President Donald Trump have concluded, according to Chinese state broadcaster CCTV. Xi later met with leading U.S. business executives following the high-level discussions in Beijing.
Chinese President Xi Jinping said the Taiwan issue was the most important matter in U.S.-China relations and warned that the two countries could come into conflict if it was not handled properly, state news agency Xinhua reported.
Delhi Police have arrested two men accused of gangraping a woman on a private bus in the national capital and seized the vehicle used in the incident, officials said on Wednesday, adding that the case is being investigated from all possible angles based on the survivor’s complaint.
Gold prices were steady on Thursday, as investors focused ​on talks between U.S. President ​Donald Trump and Chinese President Xi Jinping, and looked ​for signs of progress in the Iran war. Spot gold was steady at $4,688.43 per ounce, as of 0212 GMT. U.S. gold futures for June delivery fell 0.2% at $4,695.
Chinese President Xi Jinping told U.S. President Donald Trump that the success of China and the United States should be seen as an opportunity for each other, stressing that stable Sino-U.S. relations are beneficial for the world. Xi said the two countries should act as “partners, not rivals” as high-stakes talks between the leaders got underway in Beijing.
The BRICS Foreign Ministers’ Meeting begins on Thursday amid heightened tensions over the ongoing West Asia war, with divisions between members Iran and the UAE preventing consensus on a joint position. Despite diplomatic efforts led by India since the conflict began on February 28, supported by Russia and Egypt, negotiations have so far failed to bridge differences. Chaired by External Affairs Minister S. Jaishankar, the meeting will focus on regional crises, global governance reforms and BRICS cooperation ahead of the bloc’s summit in September. Foreign ministers from BRICS members and partner countries are attending the two-day gathering.
The summit includes an extensive series of engagements between the two leaders. Trump and Xi are scheduled to meet at the Great Hall of the People, tour Beijing’s Temple of Heaven and attend a state banquet on Thursday. Further meetings, including tea and lunch discussions, are planned for Friday. Xi is also tentatively expected to visit the United States later this year — potentially his first trip to America since Trump returned to office in 2025.
Trump enters the Beijing talks under growing domestic pressure. Recent U.S. court decisions have limited his ability to impose tariffs unilaterally, weakening one of his key negotiating tools with China. At the same time, the economic impact of the Iran war has fuelled concerns about inflation and electoral backlash for Republicans.
Chinese President Xi, by contrast, faces fewer immediate political pressures despite slowing economic growth at home.
Taiwan is expected to emerge as one of the most sensitive flashpoints during the summit. China reiterated this week that it strongly opposes U.S. arms sales to Taiwan, including a proposed $14-billion package awaiting Trump’s approval. The United States does not formally recognise Taiwan diplomatically but is legally obligated to provide the island with defensive support. Beijing considers Taiwan part of its territory and has repeatedly warned Washington against deeper military ties with Taipei.
The conflict involving Iran is expected to loom large over discussions. Trump is widely expected to ask Xi to pressure Tehran into reaching an agreement with Washington to end the conflict. However, analysts remain sceptical that China will significantly alter its support for Iran. Beijing sees Tehran as an important strategic counterweight to U.S. influence in the Middle East.
The Iran conflict has also complicated Trump’s domestic political standing, contributing to inflation concerns and raising fears among Republicans ahead of the U.S. midterm elections.
Officials involved in planning the summit said the two sides are also expected to discuss mechanisms for AI dialogue and broader frameworks to support trade and investment cooperation. Technology remains one of the most contentious areas in U.S.-China relations, especially around advanced chips and AI infrastructure.
At the centre of the summit is a trade understanding reached last October, when Trump suspended triple-digit tariffs on Chinese goods and Beijing eased pressure on global rare earth exports. Both governments are now looking to stabilise that truce. Washington is expected to push China to buy more U.S. products — including Boeing aircraft, agricultural goods and energy supplies — in an effort to narrow America’s trade deficit with China. Beijing, meanwhile, wants the U.S. to relax export controls on advanced semiconductors and chipmaking equipment.
Joining Trump on the trip is a heavyweight business delegation that includes Elon Musk and Jensen Huang. Huang reportedly boarded Air Force One during a refuelling stop in Alaska after a personal request from Trump. Several executives travelling with the president are expected to push for improved market access and fewer restrictions for U.S. firms operating in China. Trump has repeatedly said he wants China to “open up” further to American business.
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