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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......

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......

BRICS bank opens cooperation opportunities with S America: PM

Prime Minister Narendra Modi has said the establishment of the BRICS development bank opens up newer opportunities of cooperation with nations of South America.        ......

IMF welcomes establishment of BRICS bank

The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating that it is ready to work with the Bank's leadership. "I would like to congratulate you on......

What is the purpose of the BRICS Bank?

The fact that the Indian government has allowed the bank to be headquartered in Shanghai merely underlines the fact that this will be a largely Chinese enterprise.  With the announcement at......

BRICS bank to start in 2 years

India will have the presidency of the BRICS' $100 billion New Development Bank for six years with headquarters in China that will become operational in about two years, a major step for reshaping......
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China invites Japan to join AIIB

Pic Courtesy: - Beijing: China has invited Japan to join the Asian Infrastructure Investment Bank, a brainchild of the Communist nation for which... ...

http://zeenews.india.com/business/news/international/china-invites-japan-to-join-aiib_120352.html
DocPath´s Document Software Gaining Ground in Latin America with New Partners

PRWeb 2015-03-05 DocPath´s document and output management solutions are improving document processes for an increasing number of organizations... ...

http://www.bizwireexpress.com/showstoryPRWeb.php?storyid=374404
Russian Speaker

05 March 2015 Russia, which takes over the chairmanship of BRICS in July this year, is working to strengthen the grouping which it thinks has a... ...

http://www.observerindia.com/cms/sites/orfonline/modules/report/ReportDetail.html?cmaid=79443&mmacmaid=79444
Brazil hikes interest rate to six year high despite recession fears

5:24am IST BRASILIA (Reuters) - Brazil raised interest rates on Wednesday to the highest level in six years, maintaining its aggressive pace... ...

http://in.reuters.com/article/2015/03/04/brazil-economy-cenbank-idINKBN0M02OB20150304?type=economicNews
Need to rethink structural aspects of Bretton Wood Institutions

04 March 2015 As the world prepares to approve the Sustainable Development Goals, and hold important international meetings... ...

http://www.observerindia.com/cms/sites/orfonline/modules/report/ReportDetail.html?cmaid=79407&mmacmaid=79405

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