India and China are restoring economic links strained by a deadly 2020 border clash, the latest sign Prime Minister Narendra Modi is drawing closer to BRICS after US President Donald Trump hit the South Asian nation with a 50% tariff.

A stock market index of Indian IT firms, the Nifty IT Index (.NIFTYIT), has fallen by more than a fifth this year while the benchmark NSE Nifty (.NSEI) has been flat as weaker global demand and a shift towards AI pressures the industry.

On the same day as PM Modi, leaders from Israel, China, Pakistan, and Bangladesh are also expected to speak. Trump will deliver his address on 23 September, marking his first UNGA speech since beginning his second term.