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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......

Rajya Sabha MP protests wrongful depiction of Indian map by WB

World Bank's wrongful depiction of Indian territories as part of Pakistan and China in a map has prompted an Indian lawmaker to lodge a strong protest. BJP Rajya Sabha MP Tarun Vijay, who lodged......

World Bank, IMF buildings could be terror targets:

The United States government on Monday warned of terrorist attacks aimed at specific targets in New YorkCity, Washington and Newark, which could include World Bank and International Monetary Fund......

No Chinese upmanship at BRICS please!

'It is unrealistic to expect that security dilemmas and strategic distrust to disappear or even diminish any time soon,' says Rup Narayan Das. The three-day 9th Brazil, Russia, India, China and......

New RBI chief unlikely before August meeting: sources

Kaushik Basu, whose stint at the World Bank ends on July 31, was being looked at as a serious contender, the sources said The government has scaled back the urgency of its search for a new central......

'Don't bank on China alone for global growth'

Chinese Premier Premier Li Keqiang said world economic recovery should not be driven by mainly China, but in concert with many countries. The world should not pin its hopes on China to be the......

Nobel Prize, World Bank Chief... anything is possible for R3

'With his envious academic record, extraordinary research calibre and unparalleled work experience, we can trust him to become the first Indian -- fully Indian, not one of those Americans of Indian......

We should kick out the RBI governor: Subramanian Swamy

'People who come from IMF-World Bank backgrounds have no dynamism at all,' Subramanian Swamy said. BJP leader Subramanian Swamy on Thursday suggested that Reserve Bank Governor Raghuram Rajan......

IMF retains India growth forecast at 7.5% for 2016, 2017

'India has benefited from lower oil prices and remains the fastest-growing large economy in the world.' The International Monetary Fund has retained its growth forecast for India this year at 7.5......
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S&P says downgraded China as credit growth still too fast

BEIJING: China's attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too... ...

http://www.sify.com/finance/sp-says-downgraded-china-as-credit-growth-still-too-fast-news-economy-rjwkeSedjiigj.html
S&P cuts China’s credit rating for 1st time since ‘99

Bloomberg City: Beijing S&P Global Ratings cut China’s sovereign credit rating for the first time since 1999, citing the risks from soaring debt,... ...

http://www.mydigitalfc.com/around-globe/sp-cuts-china%E2%80%99s-credit-rating-1st-time-%E2%80%9899
The Hesitant Memoirist

RAGHURAM RAJAN IS among the best and the brightest of India. At 40, he was the chief economist of the International Monetary Fund (IMF). Last year,... ...

http://feedproxy.google.com/~r/openthemagazine/lounge/~3/FYyZc7gVN94/raghuram-rajan-the-hesitant-memoirist
Can cryptocurrencies like Bitcoin survive scrutiny from central banks?

Nafis Alam , University of Reading The future of money looks very different in the world of cryptocurrencies. There is a growing consensus among... ...

http://www.sify.com/finance/can-cryptocurrencies-like-bitcoin-survive-scrutiny-from-central-banks-news-international-rjvn2yijbagjf.html
Macron calls for the creation of European Monetary Fund to solve debt crisis

[Greece], September 11 (ANI):French President Emmanuel Macron has called for the creation of a new European Monetary Fund to handle European... ...

http://www.sify.com/news/macron-calls-for-the-creation-of-european-monetary-fund-to-solve-debt-crisis-news-international-rjlrJldidhagf.html

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