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The phantom of RIC trilateral

Financial Express Kochi

|

September 13, 2025

Even in its current non-institutionalized form, the Russia-India-China trilateral is giving India a diplomatic leverage

- Harsh V Pant Aleksei Zakharov

The Shanghai Cooperation Organisation (SCO) Summit in Tianjin was marked by significant representation from the Global South, reminding that the organisation comprises 26 countries, including 10 full members, two observers, and 14 dialogue partners. Yet, one episode arguably stole the whole show. Images of Prime Minister Narendra Modi, President Xi Jinping, and President Vladimir Putin smiling during an informal conversation have widely circulated in the media, with some outlets billing this as a "shift in global power dynamics" or a "redrawn geopolitical map". The depth of this engagement and its geopolitical ramifications are significantly exaggerated, though one spectator, the US President Donald Trump, appears to have been spellbound.

The idea of a trilateral format dates back to the 1990s. Following its emergence in the form of foreign ministers' consultations in 2003, it has been one of the most consistent mechanisms of interaction, gathering uninterruptedly until late 2021. However, the appeal of the grouping has gradually evaporated owing to India-China divergences, eroding trust in the relationship.

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IPO-bound Meesho looks at ₹53,000-crore valuation

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Groww Q2 profit rises 12%

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1 min

November 22, 2025

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Bengal sees sharpest rise in registered voters in border areas since 2002 SIR

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time to read

2 mins

November 22, 2025

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Zelenskyy for ‘honest’ work on US-backed plan

PRESIDENT VOLODYMYR ZELENSKYY said after talks with a top US Army official on Thursday he was ready for “honest” work with Washington on a plan to end the war in Ukraine, while European allies pushed back against punishing concessions to Russia.

time to read

2 mins

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Need to revisit insurance investment rules: Khara

INSURANCE REGULATIONS GOVERNING how companies invest in the bond market may need a review, Dinesh Kumar Khara

time to read

1 min

November 22, 2025

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Pilot dies as Tejas fighter jet crashes at Dubai air show

THE PILOT OF a Tejas fighter jet of the Indian Air Force was killed on Friday after the indigenous multi-role Light Combat Aircraft crashed in a ball of fire during an aerial display at the Dubai Air Show.

time to read

3 mins

November 22, 2025

Financial Express Kochi

Board of Kotak Bank okays 1:5 stock split

KOTAK MAHINDRA BANK announced on Friday that its board has approved a proposal to split its shares in the ratio of 1:5.

time to read

1 min

November 22, 2025

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Porsche's new spark: Cayenne goes electric

PORSCHE'S BIGGEST car has gone electric. This week, the German carmaker unveiled the Cayenne Electric, a technological masterpiece that launches the iconic SUV into an electric future. The launch is a big step in Porsche’s rapid transformation towards electrification (36% of the cars it sells are electrified).

time to read

1 min

November 22, 2025

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Centre to release new GDP series on February 27

THE MINISTRY OF Statistics and Programme Implementation will release a new series of national accounts with FY23 as the base year on February 27.

time to read

1 min

November 22, 2025

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