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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......

Situation in India's banking sector is not grim at all: K V Kamath

Several factors seem to have corrected in India in the past six months, says the president of New Development Bank. New Development Bank President K V Kamath says the Beijing-based institution will......

BRICS Bank's first loan will be in Chinese currency: Kamath

The NDB opened in Shanghai on July 21 to finance infrastructure projects The first loan to be issued by the $100 billion New Development Bank of the five-nation BRICS bloc in April next year would......

BRICS bank launched in China as alternative to World Bank, IMF

A new $100 billion bank floated by BRICS nations, including India, as an alternative to the World Bank and International Monetary Fund to boost infrastructure funding in the emerging economies and......

Will BRICS bank break the monopoly of IMF, World Bank?

The formation of the New Development Bank by the Brazil Russia India China South Africa nations along with the formation of the Asian Infrastructure Investment Bank will break the monopoly of the......

BRICS bank to start lending in local currency by April: Kamath

The New Development Bank, set up by five BRICS nations, including India, will start lending in local currency by April next year and member countries will primarily be the focus of credit facility,......
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The Hits and misses

As the Modi government at the Centre complete three years, one is expected to see a flurry of comments and opinions from academics and analysts on... ...

http://www.mydigitalfc.com/op-ed/hits-and-misses-458
Indians sixth biggest private spenders on health among low-middle income nations

Indians were the sixth biggest out-of-pocket health spenders in the low-middle income group of 50 nations in 2014, according to an IndiaSpend... ...

http://www.sify.com/finance/indians-sixth-biggest-private-spenders-on-health-among-low-middle-income-nations-news-health-rfiqKBdiifhhc.html
European expert voices deep reservation about China's ambitious OBOR

[Belgium], May 7 (ANI): China's claim that its flagship "One Belt One Road (OBOR) " project, co-joined with the China-Pakistan Economic Corridor... ...

http://www.sify.com/news/european-expert-voices-deep-reservation-about-chinas-ambitious-obor-news-international-rfhnLTcggddbc.html
Rising income levels, stability linked to declining female workforce participation in India

Rising income levels and stability in families are disincentivising women from joining the labour force, according to Reassessing Patterns of... ...

http://www.sify.com/finance/rising-income-levels-stability-linked-to-declining-female-workforce-participation-in-india-news-national-rfem67feeaace.html
S. Africa says committed to BRICS membership

Pretoria : South Africa is committed to the Brics bloc of leading emerging economies and hopes being a member helps address the country's various... ...

http://www.sify.com/finance/s-africa-says-committed-to-brics-membership-news-news-revnEhdjieiha.html

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