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Brics Contingent Reserve Arrangement

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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......

BRICS has adopted a counter-terrorism plan: Modi

 The five-nation grouping BRICS has adopted a counter-terrorism action plan, Prime Minister Narendra Modi said on Thursday while chairing a virtual summit of the five-nation grouping. The summit,......

PM makes stopover in Berlin on way to BRICS Summit in Brazil

 Prime Minister Narendra Modi arrived in Berlin for an overnight stopover on his way to Brazil for the Brazil, Russia, India, China and South Africa (BRICS) Summit meeting that will address regional......

PM Modi arrives in Brazil to attend BRICS Summit

 Prime Minister Narendra Modi arrived in Fortaleza on Monday to attend a summit meeting of the BRICS nations that will address regional crises and security threats to restore a climate of peace......

Summit will strengthen intra-BRICS cooperation: Modi

 Ahead of Brazil, Russia, India, China, South Africa and Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation summits, Prime Minister Narendra Modi on Friday said he is......

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......

BRICS bank to start in 2 years

 India will have the presidency of the BRICS' $100 billion New Development Bank for six years with headquarters in China that will become operational in about two years, a major step for reshaping......

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......

BRICS may agree on $100 billion currency fund

 BRICS countries may reach consensus at next month's G20 summit on creating a $100 billion currency reserve fund to help ease short-term liquidity pressure and safeguard financial stability of major......

How BRICS plans to combat tax evasion

 The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape India, China and three other members of the......

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