Indian Finance Minister Nirmala Sitharaman participated in the BRICS Finance Ministers and Central Bank Governors meeting (BRICS FMCBG) held in Rio de Janeiro in July 2025. During the event, she engaged in bilateral discussions with counterparts from Russia, China, Brazil, and Indonesia, focusing on strengthening strategic partnerships and enhancing cooperation across various sectors. Sitharaman emphasized India's resilience driven by strong domestic demand and prudent economic management. Key topics included deepening financial inclusion, advancing sustainable development goals in the Global South, and reinforcing India-Russia strategic ties. She also expressed gratitude to Russian President Vladimir Putin for his support following the Pahalgam terror attack. The meetings reaffirmed BRICS' commitment to collaborative growth and global leadership.