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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......

Why Mumbai lost out to Shanghai as HQ of BRICS bank

Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank’s base in......

What did BRICS build (if anything, in Brazil)?

'Happily,' says Ambassador B S Prakash, 'BRICS displayed new-found energy and built something real, a bank. Between needless nihilism and as yet unjustified euphoria, there are many stations for......

'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......

K V Kamath relinquishes ICICI Bank post; to take charge of BRICS bank

Largest private sector lender ICICI Bank on Thursday said its non-executive Chairman K V Kamath has relinquished his position at the bank to take over as the head of the BRICS-promoted New......

Chinese parliament ratifies BRICS Bank agreement

The bank will have initial authorised capital of $100 billion China's largely rubber-stamp parliament ratified an agreement with the world's largest emerging nations on Wednesday to create a new......

K V Kamath to take charge of BRICS Bank in July

Seasoned banker K V Kamath is likely to take charge as first president of New Development Bank (NDB), promoted by BRICS nations, in the first week of the next month. "He will be visiting China next......

KV Kamath to head BRICS bank

India has named private banker K.V. Kamath as the first head of a new development bank being set up by the BRICS group of emerging market economies, Finance Secretary Rajiv Mehrishi told reporters......

BRICS bank should be operational by Aug 2016: Biz council

Business leaders of the Brazil, Russia, India, China, South Africa (BRICS) nations are expecting the New Development Bank to be operational by August 2016, which is aimed at boosting......
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  Web results for Brics Bank
Brazil targets 15 banks in forex fixing probe

Barclays Bank (Representational Image) ‘There are strong indications of anticompetitive practises of price fixing’ Brasilia : Brazil's... ...

http://www.asianage.com/business/brazil-targets-15-banks-forex-fixing-probe-490
PM Modi visit to Central Asia to begin July 6

Prime Minister Narendra Modi will travel from July 6 to 13 to five Central Asian countries as well as Russia where he will attend the summits of... ...

http://www.asianage.com/india/pm-modi-visit-central-asia-begin-july-6-337
Asian Infrastructure Investment Bank will not eclipse BRICS bank

The Board of Governors of the New Development Bank (NDB) set up by Brazil, Russia, India, China and South Africa (BRICS) is set to have its first... ...

http://www.deccanherald.com/content/487309/asian-infrastructure-investment-bank-not.html
PM Modi to visit Russia, Central Asian countries next week, to attend BRICS and SCO summits

New Delhi: With focus on enhancing strategic, economic and energy ties, Prime Minister Narendra Modi will travel from July 6 to 13 to five Central... ...

http://m.firstpost.com/world/pm-modi-visit-russia-central-asian-countries-next-week-attend-brics-sco-summits-2326222.html
RUSSIA, CHINA TO CHALLENGE US DOMINATION

Share to Facebook Share to Twitter NEW DEVELOPMENT BANK TO HELP EMERGING ECONOMIES By S. Sethuraman Russia hosts a... ...

http://ipanewspack.com/seventh-brics-summit-russia-china-to-challenge-us-domination/

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