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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......

Modi pitches for BRICS credit rating agency

Modi said a separate rating agency would help the economies of the member countries as well as other developing nations. Prime Minister Narendra Modi on Monday strongly pitched for setting up of a......

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......
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Economic Affairs Secy discusses NDB's project pipelines in Washington

Department of Economic Affairs Secretary Subhash Chandra Garg discussed the enhancement of project pipelines of New Development Bank (NDB) evenly... ...

http://www.business-standard.com/article/news-ani/economic-affairs-secy-discusses-ndb-s-project-pipelines-in-washington-118042000439_1.html
Modi, Xi ready to take the great leap forward

'India stands to gain immensely by forging a developmental partnership with China.''While through sustained strategic communication there is scope... ...

http://www.rediff.com/news/column/modi-xi-ready-to-take-the-great-leap-forward/20180321.htm
Have $500,000? You can become a US citizen

Under the EB-5 visa programme you can become a US citizen provided you invest $500,000 in an approved project and create targeted employment.But... ...

http://www.rediff.com/money/report/have-500000-you-can-become-a-us-citizen/20180317.htm
US expert

India and China have a "cold war-like" relationship in the making but New Delhi is unlikely to join something framed as a US-led front to contain... ...

http://www.deccanherald.com/content/657437/india-china-ties-cold-war.html
Economic Survey

India will need about USD 4.5 trillion in the next 25 years for infrastructure development, of which it will be able to garner about USD 3.9... ...

http://www.deccanherald.com/content/656535/india-needs-45-trillion-2040.html

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