Investors recognise India's market growth
'Prime minister is expected to hold some bilateral meetings on the sidelines of the SCO summit.'
India ranks lower than most BRICS nations in terms of innovation.
BRICS nations Brazil, Russia, India, China and South Africa - are not a competitor to the developed countries, China said on Monday ahead of the grouping's next summit in the country in April.
Prime Minister's speech at the Plenary Session of the BRICS Summit in New Delhi.
Group still far from coordinating monetary/forex policy
'America holds about 16% of IMF voting rights, giving it crucial influence over Pakistan's desperately needed bailout loans.'
Set to get elected next week as China's new President, Xi Jinping will hold his first bilateral meeting with Prime Minister Manmohan Singh on the sidelines of the BRICS (Brazil, Russia, India, China and South Africa) summit to be held later this month in South Africa.
Difference between India and other BRICS nations has increased recently as India heads into elections and investors hope the next five years will bring in growth
'We need to be very vigilant as we are passing through some fraught times.'
In two years of tough negotiations to create the new BRICS development bank, the main stumbling block was not a lack of resources or commitment, but fellow partner China.
The BRIC (Brazil, Russia, India and China) economies will continue to grow significantly even as economic giants across the world are getting affected by the recessionary fears, says a report.
The agenda is to give a concrete shape to a Development Bank and pitch for reforms of the UN Security Council.
Trump's new rules for how countries should treat him have led to the current breakdown in India-US relations, explains Ambassador T P Sreenivasan.
In a statement released by Pakistan's ministry of foreign affairs, Aziz said that "Modi is misleading his BRICS and BIMSTEC colleagues", after Indian Prime Minister Narendra Modi on Sunday said that Pakistan is the 'mothership of terrorism'.
Overall inflows into emerging market equity funds rebounded during the third week of July as optimism about a recovery in US demand helped many individual equity markets gain between 3 and 8 per cent. The diversified Global Emerging Markets equity funds received $1.08 billion, followed by Asia (excluding-Japan) equity funds which got $973 million.
After BRIC set the ball rolling with investors all over the world, its time for them to dance to the tune of 'CHIME', an acronym becoming a buzzword for China, India and Middle East
The 2009 BRIC Services Business Outlook survey by global consultancy KPMG signals an improvement in confidence in April after a sharp drop seen in October, 2008, amid the economic crisis. The BRIC Business Outlook Survey shows that India's service sector is set to grow solidly in proceeding 12 months. A net balance of 31.1 firms foresee their activity levels expanding, up from 15.3 last autumn to 60.3, it stated.
According to an analysis of MSCI Barra indices, a measure of returns from various stock markets across the world for foreign investors, Indian stocks have given the second highest return after Russia among the four BRIC countries during last month. Indian stocks have provided a return of nearly 19.54 per cent in April, while China and Brazilian markets have given 10.87 per cent and 18.89 per cent respectively.
United States President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazil.
The decision was taken at the BRICS Summit in Durban which also launched a Business Council to encourage investment and trade in member countries and to expand business cooperation.
Condemning strongly the terrorist attack in Paris, India on Sunday made a case for united global effort to combat the menace of terrorism.
Describing the visit as "productive" in a post on X, the PM said he emphasised India's position on key global issues during his engagements.
When leaders of the five BRICS nations meet in Durban, there must be some stocktaking to assess exactly what the group wants to become, says Ambassador K C Singh.
Emerging nations -- Brazil, Russia, India and China -- have witnessed a 20 per cent decline in loans taken by companies in the year 2008, largely due to the fall in volumes in the last quarter of the year under review, a latest report says. Syndicated loans are large financing facilities granted to a borrower by a group of financial institutions who share the lending risk between them.
Every single one of the BRICS countries has an enormous infr deficit that simply can't be met by a single institution, says WB President.
The way to deal with a bully is to resist bullying, because submission in the first instance only invites even more overbearing demands in future. What may seem like a small price to pay now will lead to a much higher price later, warns former foreign secretary Shyam Saran.
Prime Minister Narendra Modi and Chinese President Xi Jinping held bilateral talks focusing on economic ties and global stability amid trade tensions and the aftermath of the Ladakh border row.
Pravin Gordhan, the finance minister of South Africa, says that in spite of several crucial issues still under debate, the BRICS bank was born today.
Prime Minister Narendra Modi has left from Delhi for Brazil to attend the five-nation Brazil, Russia, India, China and South Africa (BRICS) summit slated to be held for two days, starting Monday. Here is his statement ahead of the meet.
He said the Fourth Industrial Revolution will have more importance than the capital.
Five fastest growing economies, including India, on Wednesday vowed to oppose trade protectionism as they agreed to coordinate their positions in the multilateral fora, including the G-20 and climate change negotiations, to uphold the interests of developing countries.
"The BRICS are open to consider, if necessary, providing support through the IMF or other international financial institutions in order to address the present challenges to global financial stability, depending on individual country circumstances," said a joint communiqu issued by the BRICS finance ministers after their meeting.
Prime Minister Narendra Modi was all smiles on his first international multilateral engagement. At the BRICS summit, Modi talked tough and said that the five countries -- Brazil, Russia, India, China and South Africa --should show no tolerance towards terrorism.
K V Kamath to take charge of BRICS Bank in July.
NSA Ajit Doval has indicated that dates for Russian President Vladimir Putin's visit to India are being worked out during his meetings in Moscow. Discussions also covered bilateral energy and defence cooperation, amidst ongoing concerns over India's procurement of Russian crude oil.
'Modi's a great leader... But I don't understand why he's getting into bed with Putin and Xi Jinping...'
Reflecting close ties between India and Russia and his personal rapport with Prime Minister Narendra Modi, Russian President Vladimir Putin quipped during their bilateral meeting on Tuesday that they have such a relationship that Modi will not need a translator.
The forth coming summit of the BRICS leaders in New Delhi would focus on stimulating growth to avert the down turn in global economy besides enhancing financial cooperation among the countries, China said.
He said South Africa would like to export more value added products to these countries, according to the daily Business Report.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances