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'BRICS bank could become future World Bank'

The BRICS Development Bank could become a World Bank in future due to the increasing influence of emerging countries, chairman of Goldman Sachs Asset Management said on Wednesday. "If, in fact, the......

'Man of Letters' Akhilesh keeps Modi busy with snail mails!

Uttar Pradesh chief minister Akhilesh Yadav has written as many as 80 letter to the PM since he took as the reins of the state three years ago. Virendra Singh Rawat reports. Uttar Pradesh......

Can Modi & co deliver? The world awaits

Modi's visit to some developed countries such as the US, Japan, China and Australia were sprinkled with humongous investment figures. But do we have the wherewithal to absorb such big investments?......

Modi tells China frankly that it erred on siding with Pak on Lakhvi

Prime Minister Narendra Modi has "strongly" and "clearly" conveyed concerns to Chinese President Xi Jinping over Beijing blocking a proposal for action by the United Nations against Pakistan on the......

Reason I haven't tried Yoga is because it looks difficult: Putin

Prime Minister Narendra Modi on Wednesday "strongly" and "clearly" conveyed concerns to President Xi Jinping over China blocking a proposal for action by the United Nations against Pakistan on the......

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,......

K V Kamath to take charge of BRICS Bank in July

Seasoned banker K V Kamath is likely to take charge as first president of New Development Bank (NDB), promoted by BRICS nations, in the first week of the next month. "He will be visiting China next......

KV Kamath to head BRICS bank

India has named private banker K.V. Kamath as the first head of a new development bank being set up by the BRICS group of emerging market economies, Finance Secretary Rajiv Mehrishi told reporters......

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......
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KV Kamath

India and China are among the first countries to have shown interest in borrowing money for environment-friendly infrastructure projects from the... ...

http://m.hindustantimes.com/business-news/brics-bank-is-coming-of-age-of-developing-countries-kv-kamath/article1-1386147.aspx
Why the world is going Multipolar?

Polarity is the way in which the power is distributed among the states in an international system. It also marks the true characteristics of an... ...

http://www.businessinsider.in/Emergence-of-the-Power-Blocks-Why-the-world-is-going-Multipolar/articleshow/48745754.cms?utm_source=ten_minutes_with&utm_medium=Referral&utm_campaign=Content_Patnership
Govt needs to front-load divestment plans

12:00 am Mumbai : A comprehensive and well-articulated analysis and assessment of Indian Economy has been released in the RBI's Annual Report,... ...

http://www.freepressjournal.in/rbi-annual-report-govt-needs-to-front-load-divestment-plans/
RBI

In a surprising move, the Reserve Bank of India has increased the cash limits at point of sale (POS) units in tier III, tier IV, tier V and tier VI... ...

http://feedproxy.google.com/~r/trakin/~3/AXO9HXG8Ars/
Why global markets are feeling tremors from China's meltdown

The Chinese authorities have sought to position the yuan devaluation as a positive development; this reflects a transition to a more... ...

http://www.rediff.com/money/column/column-why-global-markets-are-feeling-tremors-from-chinas-meltdown/20150825.htm

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