IBOV 172,744.02 ▲ 0.82% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.36% USD/MXN18.67▲ 0.25% USD/CLP983.53▼ 0.07% USD/COP3,297▲ 0.71% USD/PEN3.41▲ 0.02% USD/ARS1,549▲ 0.18% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.48▲ 0.13% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.17▼ 0.13% BRENT 92.60 ▲ 1.21% WTI 87.06 ▲ 1.19% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.00% GOLD 4,038 ▲ 0.19% SILVER 52.54 ▲ 2.81% SOY 1,226 ▲ 0.14% CORN 446.50 ▼ 0.56% WHEAT 596.25 ▲ 0.59% COFFEE 262.45 ▼ 3.30% SUGAR 18.33 ▲ 1.33% ORANGE JUICE 146.00 ▼ 0.51% COTTON 82.64 ▲ 5.02% COCOA 5,040 ▲ 6.28% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 61.02 ▲ 1.73% PETR4 43.47 ▼ 3.29% VALE3 65.05 ▲ 0.39% ITUB4 41.85 ▲ 1.58% BBDC4 14.72 ▲ 1.24% ABEV3 15.75 ▼ 0.25% BBAS3 17.10 — 0.00% B3SA3 14.80 ▲ 2.21% WEGE3 51.32 ▲ 0.73% PRIO3 61.32 ▲ 2.17% SUZB3 54.53 ▲ 0.13% RENT3 30.44 ▲ 2.18% AZZA3 15.26 ▲ 3.60% CSAN3 2.81 ▲ 4.85% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.99 ▲ 4.72% PSSA3 46.48 ▼ 0.41% CVCB3 0.90 ▲ 4.65% POSI3 3.31 ▲ 5.08% SLCE3 17.21 ▲ 0.70% NATU3 5.63 ▲ 1.44% BRKM5 2.98 ▲ 2.05% RANI3 8.56 ▲ 1.30% CSNA3 4.46 ▲ 1.83% IBOV 172,744.02 ▲ 0.82% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.37% USD/MXN 18.68 ▲ 0.28% USD/CLP 983.26 ▼ 0.10% USD/COP 3,293 ▲ 0.57% USD/PEN 3.41 ▲ 0.07% USD/ARS 1,549 ▲ 0.18% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.48 ▲ 0.13% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.17 ▼ 0.14% BRENT 92.60 ▲ 1.21% WTI 87.06 ▲ 1.19% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.00% GOLD 4,038 ▲ 0.19% SILVER 52.54 ▲ 2.81% SOY 1,226 ▲ 0.14% CORN 446.50 ▼ 0.56% WHEAT 596.25 ▲ 0.59% COFFEE 262.45 ▼ 3.30% SUGAR 18.33 ▲ 1.33% ORANGE JUICE 146.00 ▼ 0.51% COTTON 82.64 ▲ 5.02% COCOA 5,040 ▲ 6.28% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 61.02 ▲ 1.73% PETR4 43.47 ▼ 3.29% VALE3 65.05 ▲ 0.39% ITUB4 41.85 ▲ 1.58% BBDC4 14.72 ▲ 1.24% ABEV3 15.75 ▼ 0.25% BBAS3 17.10 — 0.00% B3SA3 14.80 ▲ 2.21% WEGE3 51.32 ▲ 0.73% PRIO3 61.32 ▲ 2.17% SUZB3 54.53 ▲ 0.13% RENT3 30.44 ▲ 2.18% AZZA3 15.26 ▲ 3.60% CSAN3 2.81 ▲ 4.85% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.99 ▲ 4.72% PSSA3 46.48 ▼ 0.41% CVCB3 0.90 ▲ 4.65% POSI3 3.31 ▲ 5.08% SLCE3 17.21 ▲ 0.70% NATU3 5.63 ▲ 1.44% BRKM5 2.98 ▲ 2.05% RANI3 8.56 ▲ 1.30% CSNA3 4.46 ▲ 1.83%
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Wednesday, November 11, 2026

India Launches Own Democracy Index, Defies Western Norms

By · · 2 min read

India is embarking on a journey to redefine its democratic identity by launching a national democracy index.

This decision comes after falling in international democracy rankings, leading the government to collaborate with the Observer Research Foundation (ORF).

The aim is to create an index that reflects India’s unique democratic values, differing from Western critiques.

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Amidst allegations of a crackdown by Prime Minister Narendra Modi’s government, this move is seen as an effort to align more closely with New Delhi’s narrative.

Critics have raised concerns over actions such as freezing the main opposition party’s bank accounts and arresting key opposition figures.

India Launches Own Democracy Index, Defies Western Norms
India Launches Own Democracy Index, Defies Western Norms.
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These events have fueled accusations of suppressing dissent, especially as they occurred just weeks before the national elections.

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Government partnership with ORF and NITI Aayog’s involvement in ORF’s Democracy Rankings signal a strategic move to boost India’s global image.

The development of this index is significant, as it coincides with the upcoming elections and Modi’s bid for a third term.

The timing suggests that the government views the index as a crucial tool for both national and international perception management.

Initiative counters international criticism of democracy and human rights, leveraging India’s standards and perspectives for validation.

This move underscores the importance of self-representation in the global arena.

By developing its democracy index, India aims to assert its sovereignty in defining what democracy means within its context.

India’s approach may prompt a reassessment in global discussions, underscoring the importance of localized perspectives in international evaluations.

In short, India’s initiative asserts autonomy amid global scrutiny, highlighting internal assessments’ role in shaping international perceptions.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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