Rio de Janeiro (PTI): The BRICS remains a powerful force for economic cooperation and global good, Prime Minister Narendra Modi said on Sunday as several top leaders of the member nations of the grouping converged in this seaside Brazilian city to hold summit talks.

Chinese President Xi Jinping and his Russian counterpart Vladimir Putin skipped the summit, being hosted by Brazil in its capacity as the current chair of the influential grouping.

The BRICS has emerged as an influential grouping as it brings together 11 major emerging economies of the world, representing around 49.5 per cent of the global population, around 40 per cent of the global GDP and around 26 per cent of the global trade.

BRICS, originally comprising Brazil, Russia, India, China, and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, and the United Arab Emirates, with Indonesia joining in 2025.

Modi arrived here last night on the fourth leg of his five-nation tour. He has already visited Ghana, Trinidad and Tobago and Argentina.

The situation in West Asia, the Russia-Ukraine conflict and challenges facing the Global South are likely to figure prominently at the BRICS Summit.

"Grateful to President Lula for hosting this year’s BRICS Summit in Rio de Janeiro. BRICS remains a powerful force for economic cooperation and global good," Modi said in a social media post after he was welcomed at the venue of the summit by the Brazilian leader.

The motto of the Brazilian presidency of BRICS is "Strengthening Global South Cooperation for More Inclusive and Sustainable Governance".

The summit will culminate in two high-level declarations on financing the climate change regime and the governance of artificial intelligence.

Enhancing the use of national currencies in settling intra-BRICS trade may also figure in the discussions at the summit.

India will assume the presidency of BRICS next year.

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Guwahati (PTI): Polling for all 126 Assam assembly constituencies began on Thursday to decide the electoral fate of 722 candidates, officials said.

In the high-stakes election, the ruling BJP is aiming for a third consecutive term in office, while the Congress seeks to wrest power after being ousted in 2016.

Polling, being held in a single phase, began at 7 am and will conclude at 5 pm. Long queues of voters were seen outside polling stations from early morning.

An electorate of 2.50 crore, including 1.25 crore women and 318 from the third gender, can exercise their franchise in 31,490 polling stations across the state.

Prominent candidates include Chief Minister Himanta Biswa Sarma, Congress state president Gaurav Gogoi, assembly Speaker Biswajit Daimary, Leader of the opposition Debabrata Saikia, AIUDF chief Badruddin Ajmal, Raijor Dal president Akhil Gogoi, and Assam Jatiya Parishad (AJP) chief Lurinjyoti Gogoi.

Several cabinet ministers, including the AGP’s Atul Bora and Keshav Mahanta, and the BPF’s Charan Boro are also in the fray.

The Congress has the highest of 99 contestants, followed by the BJP (90), AIUDF (30), NDA allies AGP (26) and BPF (11).

Opposition alliance’s Raijor Dal is contesting in 13, AJP in 10, CPI(M) in 3 and APHLC in 2. Outside the two coalitions, the AAP is contesting in 18 seats, UPPL in 18, TMC 22, JMM 16 and there are 258 independents.

The ruling NDA’s main constituents are the BJP, Asom Gana Parishad (AGP) and the Bodo Peoples’ Front (BPF) while the opposition alliance comprises the Congress, Raijor Dal, Assam Jatiya Parishad (AJP), CPI(M), All Party Hill Leaders Conference (APHLC) and CPI(ML).

The counting of votes is scheduled on May 4.