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BRICS bank: A giant step towards reforming the world system

The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual......

How BRICS bank can affect world economics and politics

Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on......

PM Narendra Modi leaves for Brazil on Sunday

Prime Minister Narendra Modi leaves for Brazil on Sunday for attending the five-nation summit of BRICS nations on July 14 and 15 which is expected to finalise the setting up of a development......

Finishing Hugo Chavez's unfinished task in Venezuela

Sustaining the Bolivarian revolution after Hugo Chavez won’t be easy. But we must all celebrate its considerable achievements and wish it well, says Praful Bidwai. He was called a......

US slams Egypt for putting on trial 19 American activists

Egypt will put on trial 44 people, including 19 Americans, over alleged illegal funding of aid groups, amid warnings that it would strain bilateral ties with the United States. Egyptian......

China's economic woes and its impact on India

China's economy is worse than it really is, but then these are emblematic of the baffling self-congratulatory mood that exists in India today, says Rahul Jacob. Investors react as they look at......

The Greece Crisis and its lessons for India

'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.......

Diffident US and endless saga of Greece's problems

Apart from the US Federal Reserve, which is yet to make up its mind on an interest rate hike, the markets stayed on edge last week due to the endless saga of Greece's problems, explain Abheek Barua......

Markets surge on monsoon, rate-cut hopes; Sensex soars 363 points

The 30-share Sensex ended 363 points higher at 27,687 and the 50-share Nifty gained 111 points to close at 8,374. Benchmark indices closed higher for second straight session supported by broadbased......

Jaitley in DC: If only India's reforms had begun 20 years earlier...

Finance Minister Arun Jaitley on his maiden visit as minister to Washington, DC, addresses two think thanks, leaves American Establishment impressed, reports Aziz Haniffa/ Finance......
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MIT Sloan Announces Launch of Inclusive Innovation Competition

From the Wires Oct. 7, 2015 08:00 PM CAMBRIDGE, Mass. , Oct. 7, 2015 /PRNewswire-USNewswire/ -- The acceleration of technology growth has... ...
Stemming the ripples from Kunduz

While President Ghani faces a formidable crisis, the capture of Kunduz will bolster the new Taliban chief, Akhtar Mansour, and help overcome any... ...
IMF meets in hostile territory of Latin America

The International Monetary Fund faces a chilly reception as it meets this week in Latin America, the region that has been most hostile toward its... ...
China, US rate hike loom over global economic summit

Washington: Clouds are gathering over the world's economic leaders ahead of a meeting in Peru to confront the fallout of a China-sparked commodity... ...
2015 is turning out to be a terrible year for investors

For investors around the world, 2015 is turning into a year to forget. Stocks, commodities and currency funds are all in the red, and even the... ...

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