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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......

'We are in kalyug where rakshasas rule'

'The forces of good are on the run.''But dark times also challenge people to fight.''I believe Indians will rise against these dark times.' Even as he was fighting against the deportation of......

India's economic slump an aberration: World Bank

The recent slowdown in India's economic growth is an 'aberration' mainly due to the temporary disruptions in preparation for the goods and services tax, the World Bank said on Thursday, pointing......

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......
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Glencore offers Chad new plan to repay more than $1 billion loan

By Julia Payne LONDON (Reuters) - Commodities trader Glencore has offered Chad a grace period from principal repayments on a more than $1 billion... ...

http://www.sify.com/finance/exclusive-glencore-offers-chad-new-plan-to-repay-more-than-1-billion-loan-news-others-rlpuxbifdfgid.html
IMF says Europe's growth more durable, warns of 'disruptive' Brexit threat

LONDON: Europe's economy is now hitting its stride, the International Monetary Fund said on Monday, but a disruptive Brexit could result in... ...

http://www.sify.com/finance/imf-says-europes-growth-more-durable-warns-of-disruptive-brexit-threat-news-policy-rlnpvxihabiai.html
CORRECTED-PRECIOUS-Gold holds steady at near three-week high as dollar firms

(Corrects final bullet point to show SPDR holdings fell for asixth, not fifth, day) Nov 9 (Reuters) - Gold held steady early on Thursday... ...

http://www.sify.com/finance/corrected-precious-gold-holds-steady-at-near-three-week-high-as-dollar-firms-news-others-rljgXJcfhdici.html
Sri Lanka's finmin unveils tax concessions ahead of budget

* Finance minister announces monthly $9.8 mln tax cut * Extreme weather to result in upward budget deficitrevision * Says budget will focus on... ...

http://www.sify.com/finance/sri-lankas-finmin-unveils-tax-concessions-ahead-of-budget-news-policy-rlira2ibedfdf.html
IMF's Lagarde warns protectionism, while now just words, may come to hurt Asia

By Leika Kihara and Takashi Umekawa TOKYO (Reuters) - Protectionist sentiment has not yet gone beyond mere words, International Monetary Fund... ...

http://www.sify.com/finance/imfs-lagarde-warns-protectionism-while-now-just-words-may-come-to-hurt-asia-news-others-rliofdfecehgd.html

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