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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......

New Development Bank: A good move for infrastructure financing

Any additional effort to assuage the growing worldwide hunger for infrastructure funding is more than welcome, says Barun Roy.  There's no reason to be euphoric, as some people in their......

SAARC to fast-track development bank: Nepal

South Asian countries, including India and Nepal, would fast-track the process of setting up of the SAARC Development Bank to garner funds for development of infrastructure in the region.During the......

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......
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With year of hyper-growth, tech start-ups take the cake

Acknowledging the automation wave and technology-startup boom characterizing the information technology (IT) and business process management (BPM)... ...

http://m.timesofindia.com/business/india-business/Budget-2015-Union-Budget-2015/budget/2015/economic-survey-2015/With-year-of-hyper-growth-tech-start-ups-take-the-cake/articleshow/46402692.cms
Market flexes muscles for Budget, Sensex soars 400 pts

1:55 pm Economic Survey: India ranks lower than most BRICS nations in terms of innovation despite logging a double digit growth in the Research and... ...

http://www.moneycontrol.com/news/local-markets/economic-survey-market-flexes-muscles-for-budget-sensex-soars-400-pts_1315488.html
Russia pushes for setting up BRICS parliamentary forum

New Delhi, Feb 27 Pushed increasingly into a corner by western sanctions over Ukraine, Russia Friday stressed on the relevance of the... ...

http://www.prokerala.com/news/articles/a532034.html
India Follows Russias Lead Ratifying $100Bln BRICS Bank

The Indian government gave the go-ahead for the establishment of the new BRICS $100 billion development bank, following a similar decision by the... ...

http://www.newdelhinews.net/index.php/sid/230603077
Cabinet approves establishment of BRICS development bank

The Union Cabinet, on Wednesday, approved establishment of the New Development Bank (NDB) and the BRICS Contingent Reserve Arrangement (CRA) to be... ...

http://www.thehindubusinessline.com/news/cabinet-approves-establishment-of-brics-development-bank/article6937753.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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