The Brics Development Bank was mooted at a summit in New Delhi in March this year as an alternative to the International Monetary Fund.
Finance Ministers of Brazil, Russia, India, China and South Africa, including P Chidambaram, are likely to prepare a report for consideration of their leaders on Wednesday in which they are expected to say that launching a BRICS bank is 'feasible and workable'.
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
The 5-nation BRICS group on signed an agreement to create a $100 billion pool of foreign-exchange reserves to help each other.
Holding that the situation in Tibet continues to deteriorate, Tibetan Parliament-in-Exile on Wednesday urged visiting Chinese President Hu Jintao to withdraw large reinforcement of military from the region and asked the BRICs leaders to raise the Tibet issue with him.
'China did not expect India to show such strategic resolve in defending its territorial integrity.'
'Wang Yi said the border issue is important and we should stay committed to peacefully addressing it through consultation and coordination.'
The Summit could look at the possibility of starting credit facility in local currency by the BRICS Bank.
Pakistan has denied allegations it harbours these groups.
May emphasise that the country is back on the fiscal consolidation path by reining in fiscal deficit at 5.2%.
BRICS countries, including India, on Thursday voiced concern over the "fragile recovery" of global growth and the potential spillover effects from the "unconventional monetary policies" of the developed countries.
China continues to hold out on fingering Pakistan as the 'mothership of terror,' declaring Masood Azhar a terrorist at the UN, and India's membership of the NSG, says China expert Srikanth Kondapalli.
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.
It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.
China's Vice Foreign Minister Li Baodong again harped on the need to build consensus over the admission of new members in the 48-member Nuclear Suppliers Group.
India and China on Monday ended their standoff in Dokalam by withdrawing their troops from the area, just days before Prime Minister Narendra Modi's visit to China to attend the BRICS summit next week.
China's Ambassador to India Luo Zhaohui said the event was just the first step in Sino-India cooperation on Afghanistan and collaboration will deepen in future.
His government's decision to host G-20 events across the country is an investment in capacity-building among people, cities and institutions, Prime Minister Narendra Modi has said, as he took a jibe at previous governments asserting they lacked confidence in people's abilities to hold mega events outside the capital, in smaller places.
It is for China to decide what role it plays at the G20 summit in New Delhi, a top US official has said, asserting that if Beijing wants to come in and be a "spoiler", that option is available to it.
'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'
India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.
The Shanghai Cooperation Organisation is still a developing entity and it is essentially due to Russian and Chinese efforts. The moot question is can India benefit by attending it?
Modi said that there was an immediate need to strengthen the WTO, fighting protectionism, ensuring energy security and work together to fight terrorism.
Seeking to build on the "great cooperation potential" between India and China, President Hu Jintao has told Prime Minister Manmohan Singh that it is Beijing's "unswerving policy" to develop bilateral ties and deepen strategic cooperation.
Sounding upbeat over the resumption of defence exchanges with India, China on Thursday said it was 'vigorously committed' to developing military ties with its 'important neighbour' and was ready to resolve the visa row through friendly consultation.
"Had a wonderful meeting with President U Htin Kyaw," Modi tweeted along with some pictures of the meeting.
Ahead of the first meeting between Prime Minister Manmohan Singh and Chinese President Xi Jinping in Durban, China today said such a meeting will help to build mutual trust and cooperation between the two countries.
The controversial Kudankulam Unit I of the atomic power reactor in Tamil Nadu will become operational by next month, Prime Minister Manmohan Singh has said.
Prime Minister Manmohan Singh will meet China's new President Xi Jinping in Durban on Wednesday, the first bilateral meeting between the two leaders after the leadership change in Beijing.
The pledge was made at an informal meeting of Braliz, Russia, India and China leaders presided over by Prime Minister Manmohan Singh ahead of the opening of the seventh G-20 Summit in this Mexican resort town. Besides India, the other nations in BRICS are China, Russia, Brazil and South Africa.
The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
The prime minister, accompanied by senior officials including National Security Advisor Ajit Doval and Foreign Secretary S Jaishankar, met the Chinese leader just before his travel to Myanmar from this port city.
India, UAE yet to conclude bilateral investment promotion and protection agreement.
India and Brazil on Wednesday called for urgent progress in reforms of the UN Security Council, as they agreed to scale up bilateral ties and deepen cooperation in international fora.
Prime Minister Narendra Modi has favoured broadening of the strategic partnership with Russia in nuclear, defence and energy sectors and invited President Vladimir Putin to visit Kudankulam atomic power project during his trip in December for his annual summit.
Doval is in Beijing for the 23rd round of the Special Representatives' talks being held after a gap of five years.
The death of 26-year-old Jampel Yeshi, who immolated himself in New Delhi last week, makes it clear, says Claude Arpi, that the regime in Beijing has utterly failed to extinguish the Tibetan fire for freedom.
In a giant leap for its space programme, India's Moon mission Chandrayaan-3 touched down on the lunar south pole at 6.04 pm on Wednesday, propelling the country to an exclusive club of four and making it the first country to land on the uncharted surface.
Rediff.com's Editor-in-chief Nikhil Lakshman, who is traveling with Prime Minister Manmohan Singh to the BRICS summit in the Chinese town of Sanya, reports that the two Asian giants have agreed to set up a working mechanism to resolve irritants that have led to a deterioration in relations
Prime Minister Manmohan Singh and Chinese President Hu Jintao met in Sanya on Wednesday, with the Indian leader conveying the intention to expand cooperation in all areas and strengthen the strategic and economic partnership.
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