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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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Modi to raise AIIB in France, Germany

Germany and France signing up to become latest founding members of the China-sponsored Asian Infrastructure Investment Bank (AIIB) may figure in... ...

http://www.mydigitalfc.com/news/modi-raise-aiib-france-germany-565
What Modi Sarkar should ideally do to strengthen economic framework

The government should use lines of credit to transition India's economic engagements towards a more durable, defined framework, say Samir Saran and... ...

http://www.rediff.com/money/column/column-what-modi-sarkar-should-ideally-do-to-strengthen-economic-framework/20150329.htm
Xi

Chinese President Xi Jinping today said that China stands ready to sign treaties of friendship and cooperation with all its neighbours to provide... ...

http://www.deccanherald.com/content/468355/china-ready-sign-friendship-treaties.html
Flipkart aims to generate 2 million jobs this year

The Bengaluru-based firm expects 60 per cent of this employment to be generated in the logistics and warehousing sector. Sellers on our... ...

http://www.millenniumpost.in/NewsContent.aspx?NID=109351
Is the Modi magic over as business confidence falls?

The mystery deepens. How can the economy grow, and be expected to grow, at such a fast rate when corporate data indicates stagnation and pessimism?... ...

http://www.msn.com/en-in/money/other/is-the-modi-magic-over-as-business-confidence-falls/ar-AA9VQ82?srcref=rss

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