India’s acceptance of the BRICS presidency in 2026 occurs during a period characterised by substantial transformation in global politics. The global economy persists in a state of instability as a consequence of resurgent protectionism, nationalist trade policies, and increasing geopolitical tensions. The tariffs, threats, and unilateral actions undertaken by President Donald Trump have contributed to heightened instability in global market systems. Concurrently, developing economies within the Global South, grappling with debt-related pressures, energy market volatility, and disparities resulting from the post-pandemic context, are advocating for a more equitable global order.