Over 500 CCTV cameras, facial recognition systems and traffic restrictions have been put in place as global leaders, including Putin and Xi, arrive for the two-day summit.
Gupta described hosting the 18th BRICS Summit as a moment of honour and pride for Delhi, highlighting the city's history, cultural diversity and spirit of “Vasudhaiva Kutumbakam”.
Finance chiefs and central bank governors called for work on interoperable payment systems and settlement infrastructure, but the statement did not propose a common BRICS currency.
This carries significance as conflicts in West Asia and the Black Sea have disrupted shipping routes, raised freight and insurance costs and exposed the vulnerability of global supply chains.
Speaking in New Delhi, the Russian president said Moscow does not threaten Europe and has no grounds for conflict, as he attended the 18th BRICS Summit in India.