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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......

5 issues to watch out for at SCO's Qingdao summit

'Given the sharp increase in oil prices, a mounting problem for the 2nd and 4th largest importers like China and India -- the Qingdao meeting is likely to push for the large energy producers......

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 to steadily expand the commonality of interests......

Don't judge China with a fossilised mindset

'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.''For each country, its own interests should be paramount, and it is......

Condemn countries using terrorism as instrument of state policy: India @ UN

  In a veiled attack on Pakistan, External Affairs Minister Sushma Swaraj on Thursday said terrorists continue to find shelter in countries using terrorism as an "instrument of state policy"......

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......

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......
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5 issues to watch out for at SCO's Qingdao summit

'Given the sharp increase in oil prices, a mounting problem for the 2nd and 4th largest importers like China and India -- the Qingdao meeting is... ...

http://www.rediff.com/news/column/5-issues-to-watch-out-for-at-scos-qingdao-summit/20180608.htm
Swaraj calls on BRICS members to effectively deal terrorism

[South Africa], Jun 4 (ANI): External Affairs Minister (EAM) Sushma Swaraj on Monday called on her BRICS counterparts to focus on their commitment... ...

http://www.sify.com/news/swaraj-calls-on-brics-members-to-effectively-deal-terrorism-news-international-sgerGcejfaeeg.html
BRICS development bank to expand lending to private sector

SHANGHAI (Reuters) - The New Development Bank (NDB), set up by the BRICS group of major emerging economies, wants loans to the private sector to... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/q3k2V9ov4-0/brics-development-bank-to-expand-lending-to-private-sector-idINKCN1IU0PG
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

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