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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'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,......

BRICS Bank to keep borrowers' interest in mind, says Kamath

In a major shift from the way multilateral lenders functions, borrowers' interest will be paramount for the $100-billion BRICS Bank as against the common practice of lenders' view getting......
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Live Stock Market Updates - Sensex ends 69 points higher

Closing Bell: Finally, the BSE Sensex ended with a gain of 69 points at 28,293. The BSE Sensex opened at 28,199 touched an intra-day high of... ...

http://www.indiainfoline.com/article/news-top-story/live-stock-market-updates-today-nifty-sensex-bse-nse-116092800230_1.html
Development of Bond Market

At the BRICS bond summit in Mumbai on challenges in developing bond market, Finance Minister Arun Jaitley announced that recommendations of the HR... ...

http://www.cfo-india.in/article/2016/09/28/govts-top-priority-development-bond-market
Has India Really Improved

There is much to cheer for Modi Bhakts today. First came news that Afghanistan, Bangladesh and Bhutan, along with India will boycott the SAARC... ...

http://www.businessworld.in/article/Global-Competitiveness-Rankings-Has-India-Really-Improved/28-09-2016-106279
Benchmarks continue to trade in green; Metal, Auto leads

SENSEX 28323.83 100.13 0.35% NIFTY 8746.15 39.75 0.46% Indian equity benchmarks continued to trade in green in the afternoon... ...

http://www.finalaya.com/News/Benchmarks-continue-to-trade-in-green-Metal-Auto-leads-N494041.aspx
Energy News Monitor | Volume XIII; Issue 15 | Coal News Commentary

India For those of us wired to criticise the government for perennial scarcity of coal, these are challenging times. There is apparently so much... ...

http://www.orfonline.org/research/energy-monitor-issue-15/

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