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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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India @ UN

  In a veiled attack on Pakistan, External Affairs Minister Sushma Swaraj on Thursday said terrorists continue to find shelter in countries using... ...

http://www.rediff.com/news/report/condemn-countries-using-terrorism-as-instrument-of-state-policy-india--un/20170921.htm
Vnesheconombank, China Merchants Capital to create joint fund

Russian state-run development bank Vnesheconombank (VEB) and Chinese fund manager China Merchants Capital have signed an MoU to jointly finance... ...

http://www.prokerala.com/news/articles/a770707.html
The Indian touch is what BRICS needs

'The BRICS anthem has to necessarily be an anthem of Vedic times -- Walk together, Dream together, Achieve together.''And who knows it better than... ...

http://www.rediff.com/news/column/the-indian-touch-is-what-brics-needs/20170906.htm
India turning into open economy fast, GST biggest reform, says PM Modi

PTI City: Xiamen (China) India is fast changing into one of the most open economies in the world, with improvements on global indices and the... ...

http://www.mydigitalfc.com/my-world/brics-summit-2017-india-turning-open-economy-fast-gst-biggest-reform-says-pm-modi
Jinping

[China], September 4 (ANI): Chinese President Xi Jinping on Monday said the achievements made by the Business Council and the New Development Bank... ...

http://www.sify.com/news/achievements-made-by-business-council-ndb-show-potential-of-brics-cooperation-jinping-news-international-rjevMvbhdcdgi.html

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