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'Birth of the bank biggest achievement of BRICS summit'

Pravin Gordhan, the finance minister of South Africa, talks about a few unresolved points of the BRICS Bank which was born at the summit in spite of several crucial issues still under debate. He......

'BRICS bank could become future World Bank'

The BRICS Development Bank could become a World Bank in future due to the increasing influence of emerging countries, chairman of Goldman Sachs Asset Management said on Wednesday. "If, in fact, the......

Diary: Durban, Gandhi and the BRICS bank

Sheela Bhatt, who traveled with Prime Minister Manmohan Singh to the BRICS Summit in Durban, gauges the buzz ahead of the event that begins Tuesday. As an Indian it is a nice feeling to think that......

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......

All eyes on PM Modi's first international summit

Narendra Modi’s engagement at the upcoming BRICS Summit in Brazil will be keenly watched as the prime minister will interact with some of the world’s most powerful leaders. The summit......

Setting up BRICS Bank won't be easy: ADB chief

Describing banking business as ‘difficult and cumbersome’ process, newly elected chief of Asian Development Bank Takehiko Nakao said on Thursday setting up of the proposed......

'BRICS Bank can supplement infra fund provided by WB'

World Bank alone cannot meet the huge infrastructure fund requirements of the emerging nations, its President Jim Young Kim has said while welcoming the decision of Brazil, Russia, India, China and......

The many PROBLEMS with a BRICS bank

If India’s money in the proposed bank is lent out through a Beijing-controlled system to infrastructure projects in, say, Africa, it is likely that Indian taxpayers will wind up seeing their......

BRICS bank to create a $100 billion contingency fund

BRICS nations on Wednesday decided to establish a new development bank to finance infrastructure projects and to create a $100 billion contingency fund to tackle any financial crisis in emerging......

Development bank: BRICS nations to take a call

The Summit of BRICS nations in Durban on Wednesday may take a call on the setting up of a development bank notwithstanding some key issues dogging it even as the leaders will advocate reforms of......
  Videos for Brics Bank
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  People speak for brics bank

  • QNA
ABC XYZ
Q. Is BRICS agreement to trade in local currencies is an opportunity for China to promote 'Yuan' and thrash the 'Dollar' ?
ABC XYZ:  A.  more

http://qna.rediff.com/questions-and-answers/is-brics-agreement-to-trade-in-local-currencies-is-an-opport/22423562/answers/

cnanu  shree
Q. why china needs """" BRICKS """"" for the time being ?
Cnanu Shree:  A. It will help Indian Rupees also gaining wider acceptance and also help in money lost due to double conversion. In fact Banking sector will lose...... more

http://qna.rediff.com/questions-and-answers/why-china-needs--bricks--for-the-time-being-/22420821/answers/22423583

cnanu  shree
Q. what is the full form of BRICS ?
Cnanu Shree:  A. BRIC or BRICs are terms used to refer to the combination of Brazil, Russia, India, and China.General consensus is that the term was first...... more

http://qna.rediff.com/questions-and-answers/what-is-the-full-form-of-brics-/22420821/answers/19579721

raju
Q. Will India withstand economic slow down?
Raju:  A. Sir, The answer to your question has 3 facts :1) The BRIC ( Brazil , Russia , India , China ) were anyway less affected by the slowdown and...... more

http://qna.rediff.com/questions-and-answers/will-india-withstand-economic-slow-down/19579672/answers/16817747

  Web results for Brics Bank
Espionage in the 21st Century

'Espionage' or spying is as old as early civilization and is well documented throughout history. It involves a government or an individual... ...

http://www.kashmirtimes.com/newsdet.aspx?q=34399
Narendra Modi leaves for BRICS meeting in Brazil on Sunday; could new Development Bank have headquarter in Delhi?

Prime Minister Narendra Modi leaves here tomorrow for Brazil for attending the five-nation summit of BRICS nations on July 14 and 15 which is... ...

http://www.dnaindia.com/india/report-narendra-modi-leaves-for-brics-meeting-in-brazil-on-sunday-could-new-development-bank-have-headquarter-in-delhi-2001611
BRICS nations to launch development bank, defy West's domination over global finances

BRICS nations to launch development bank, defy West's domination over global finances Saturday, 12 July 2014 - 9:52am IST | Place: Brasilia |... ...

http://www.dnaindia.com/money/report-brics-nations-to-launch-development-bank-defy-west-s-domination-over-global-finances-2001581
Lead BRICS Charge to Counter the West

What began as an acronym for the five emerging economies of Brazil, Russia, India, China and later South Africa (BRICS) has fast taken... ...

http://www.newindianexpress.com/editorials/Lead-BRICS-Charge-to-Counter-the-West/2014/07/12/article2325723.ece
A leadership moment

For India, the new bank could be a great opportunity to get long-term capital for its huge infrastructure needs. Source: Reuters At BRICS summit,... ...

http://indianexpress.com/article/opinion/columns/a-leadership-moment/

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