News for 'BRICS'

Who Gains From Prigozhin's Death?

Who Gains From Prigozhin's Death?

Rediff.com25 Aug 2023

There is a congruence of interests between Ukrainian intelligence and its Western mentors to destroy Wagner and eliminate it from the geopolitical chessboard altogether, argues Ambassador M K Bhadrakumar.

BRIC stock markets saw biggest falls in '08: WB

BRIC stock markets saw biggest falls in '08: WB

Rediff.com23 Jun 2009

The impact of the sell-off on local equity markets was widespread among developing countries, but some were hurt more than others. Russia emerged as the worst performer among the four BRIC nations and saw the highest 72.5 per cent decline in local currency terms during last year.

Is Biden Using Trudeau To Get Back At Modi?

Is Biden Using Trudeau To Get Back At Modi?

Rediff.com25 Sep 2023

Once the Canadian investigation runs its course, Ottawa may put on the public domain further accusations passing for "evidence" -- and that could happen at some point closer to our general election. All in all, the big question is, what is it that the US is really up to, asks Ambassador M K Bhadrakumar.

Repatriation of black money a priority for us: Modi to BRICS leaders

Repatriation of black money a priority for us: Modi to BRICS leaders

Rediff.com15 Nov 2014

Prime Minister Narendra Modi on Saturday unequivocally said that repatriation of black money kept abroad is a "priority" for his government, as he sought close global coordination to achieve this objective.

Russia, Ukraine view Modi as peacemaker? Putin, Zelenskyy invite PM

Russia, Ukraine view Modi as peacemaker? Putin, Zelenskyy invite PM

Rediff.com21 Mar 2024

Both Putin and Zelenskyy have invited the prime minister to visit Russia and Ukraine respectively after the Lok Sabha elections, sources said, adding they see Modi as a "peacemaker".

Held in-depth, positive and constructive discussion on LAC: China

Held in-depth, positive and constructive discussion on LAC: China

Rediff.com16 Aug 2023

China on Wednesday said the latest round of the border talks with India was held in a "candid and pragmatic atmosphere" and the two sides had a "positive, constructive and in-depth discussion" on the resolution of the remaining issues along the Line of Actual Control in the Western Sector.

Is China New Leader Of Global South?

Is China New Leader Of Global South?

Rediff.com5 Sep 2023

Today, with China centrally seated and located, the Global South has an intriguing road ahead. Odds of it becoming a Chinese bloc in the emerging new bipolar world are higher than we'd wish them to be, observes Shekhar Gupta.

India pushes China for early disengagement in Demchok, Despsang Plains

India pushes China for early disengagement in Demchok, Despsang Plains

Rediff.com14 Aug 2023

India on Monday pressed for early disengagement of troops in remaining friction points in eastern Ladakh during a fresh round of high-level military talks with China, people familiar with the matter said.

BRIC set to beat rich nations in energy use

BRIC set to beat rich nations in energy use

Rediff.com8 Mar 2008

Brazil, Russia, India and China, also known as the BRIC group of countries, are expected to overtake the rich countries in primary energy consumption by 2030 and worsen their environmental calamities, Paris-based Organisation for Economic Cooperation and Development has warned. The OECD estimates suggest that 63 per cent population in the BRIC countries is living under medium to severe water stress and this share is expected to increase to 80 per cent by 2030.

India may be the first fallen angel in BRIC: S&P

India may be the first fallen angel in BRIC: S&P

Rediff.com12 Jun 2012

Rating agency says the country may lose its investment-grade status on growth concerns; finance ministry begs to differ

Indian software market logs highest growth among BRICS

Indian software market logs highest growth among BRICS

Rediff.com22 May 2015

The revenue of Indian software market was at $4 billion in 2014.

India Inc bosses' pay no match for BRIC peers

India Inc bosses' pay no match for BRIC peers

Rediff.com26 Jul 2007

After factors such as tax and cost of living are taken into consideration, corporate India's top brass can boast of an average disposable income of just $92,750 compared to other fast growing economies like Brazil, Russia and China.

Modi Or Manmohan? Who Travelled More?

Modi Or Manmohan? Who Travelled More?

Rediff.com27 Feb 2024

While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.

G20 Summit: Time For India To Raise Stature

G20 Summit: Time For India To Raise Stature

Rediff.com7 Sep 2023

'The group commands 85 per cent of the global GDP, and if you are able to convey your point of view effectively to this group then you have reached more or less all the important players that matter.'

Why Mumbai lost out to Shanghai as HQ of BRICS bank

Why Mumbai lost out to Shanghai as HQ of BRICS bank

Rediff.com17 Jul 2014

Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank's base in Shanghai. If established in Mumbai, it may have employed a few Indian bankers and satisfied the national ego but there was little financial value to be drawn from it.

India-China Tensions Move To Global Arena

India-China Tensions Move To Global Arena

Rediff.com23 Aug 2023

'The future of BRICS is under stress as Chinese attempts to expand the platform are being resisted by India and Brazil.' 'Beijing is focused on a quick expansion with the aim of giving the platform a distinctly anti-Western orientation, which New Delhi and Brasilia seem to have no interest in,' notes Harsh V Pant.

BRICs to account for 40% of world growth by '20

BRICs to account for 40% of world growth by '20

Rediff.com23 Dec 2008

In the latest research note titled 'For Richer, For Poorer Global Patterns of Wealth', Ernst & Young said emerging economies have seen their share of global output and wealth rise significantly over the last few years, driven by faster growth, rising income, high savings ratios, strong investment and export. In the next decade, the BRIC countries are likely to contribute 40 per cent of global growth, while the US would account for around 14 per cent.

Can India Become A Great Power Under Modi?

Can India Become A Great Power Under Modi?

Rediff.com13 Sep 2023

If it continues to do well economically, develops a large manufacturing sector, gains in technological heft, builds a more capable defence industry, improves its human development indicators, becomes more of a trading nation, and has greater internal cohesion. In short, it is a work in progress, suggests T N Ninan.

Bilateral engagement can restore peace at India-China border: Modi

Bilateral engagement can restore peace at India-China border: Modi

Rediff.com10 Apr 2024

In an interview with Newsweek magazine of the US, Modi said for India, the relationship with China is significant.

India's mobile user base to hit 560mn: BRIC nation

India's mobile user base to hit 560mn: BRIC nation

Rediff.com23 Jun 2008

Out of the 1.7 billion expected subscribers in BRIC nations, India is likely to have 560 million mobile users, while China is expected to top the chart with 800 million, a report by eMarketers said. India would be followed by Russia with 189 million users and Brazil at 176 million.

'Xi didn't want to avoid Modi at G20'

'Xi didn't want to avoid Modi at G20'

Rediff.com27 Sep 2023

'We will likely never know why Xi decided not to travel to New Delhi. One possible explanation could be his desire to avoid a meeting with US President Joe Biden.'

BRICS on rebound mode; India to clock steady GDP in 3 years

BRICS on rebound mode; India to clock steady GDP in 3 years

Rediff.com24 Jan 2014

According to leaders of these economies who were speaking at a session at the 44th World Economic Forum Annual Meeting in Davos, the BRICS economies would rebound over the next few years, despite having been hit to varying degrees by fallout from the global financial crisis.

Meet halfway to push bilateral relations back on track: China to India

Meet halfway to push bilateral relations back on track: China to India

Rediff.com23 Jun 2022

'The two sides should support rather than undermine each other, strengthen cooperation rather than guard against each other, and enhance mutual trust rather than be suspicious of each other'

Chandrayaan-3: Cong accuses PM of 'hogging limelight'

Chandrayaan-3: Cong accuses PM of 'hogging limelight'

Rediff.com24 Aug 2023

'ISRO Chairman Dr. Somanath's leadership truly created history and we extend our hearty congratulations to him and his team,' Venugopal said on X, formerly Twitter.

Modi lauds ISRO scientists, says next stop Sun, Venus

Modi lauds ISRO scientists, says next stop Sun, Venus

Rediff.com23 Aug 2023

India is now on the Moon and the success of the lunar mission has sounded the bugle for the emergence of a developed nation, Prime Minister Narendra Modi said on Wednesday as Chandrayaan-3 landed successfully on the lunar surface.

India, China hold Maj Gen-level talks at 2 locations ahead of Modi, Xi meet

India, China hold Maj Gen-level talks at 2 locations ahead of Modi, Xi meet

Rediff.com19 Aug 2023

The talks are following up the outcome of the 19th round of Corps Commander-level talks held between the two sides on August 13-14 at the Chushul Moldo border meeting point.

India Rekindles Love Affair With Russia

India Rekindles Love Affair With Russia

Rediff.com6 Jan 2024

EAM Jaishankar's mission is aimed at strengthening India's strategic autonomy in a complex international environment, observes Ambassador M K Bhadrakumar.

Jaishankar discusses Red Sea crisis with Iranian counterpart

Jaishankar discusses Red Sea crisis with Iranian counterpart

Rediff.com15 Jan 2024

External Affairs Minister S Jaishankar on Monday held wide ranging discussions with Iranian counterpart Hossein Amirabdollahian in Tehran and their discussion focused on the long term framework for India's involvement with the strategically vital Chabahar port and the North-South connectivity project.

Russians Devise Ways To Outwit US, Help India

Russians Devise Ways To Outwit US, Help India

Rediff.com1 Mar 2024

Russian oil supplies to India will continue to flow unhindered and suppliers will come up with ways to sidestep secondary sanctions, a Russian official told Business Standard.

Modi reaches ISRO, meets Chandrayaan-3 scientists

Modi reaches ISRO, meets Chandrayaan-3 scientists

Rediff.com26 Aug 2023

Prime Minister Narendra Modi was accorded a warm reception as he arrived at the Indian Space Research Organisation headquarters in Bengaluru on Saturday morning.

Taj Exotica rolls out the red carpet for BRICS summit

Taj Exotica rolls out the red carpet for BRICS summit

Rediff.com13 Oct 2016

The hotel has currently turned into a high security zone with guests living there moved out to other facilities of the Taj group.

Israel has right for self-defence, but...: Putin on Hamas attack

Israel has right for self-defence, but...: Putin on Hamas attack

Rediff.com14 Oct 2023

Russia proceeds "from the postulate, a negotiated solution to the Palestinian-Israeli conflict has no alternatives," said Putin while speaking at the Commonwealth of Independent States summit in Bishkek, Kyrgystan on Friday.

Moody's report on India's economic outlook 'extremely disappoints' govt

Moody's report on India's economic outlook 'extremely disappoints' govt

Rediff.com25 Aug 2023

The government is "extremely disappointed" with the latest report of the Moody's rating agency on India's economic outlook. The report, a senior government official said, was highly contradictory and called the rating agency's credibility into question. Referring to the Moody's statement that "India's fiscal strength remains a key weakness in the sovereign credit profile...", the official remarked: "How can my strength be my weakness? Moreover, they are unwilling to have a like-to-like comparison with India."

'Clearly unacceptable': India's strong words at UN on Gaza war

'Clearly unacceptable': India's strong words at UN on Gaza war

Rediff.com10 Jan 2024

'The message that India has conveyed since the start of this conflict is clear and consistent. It is important to prevent escalation to ensure continued delivery of humanitarian aid and to work towards an early restoration of peace and stability. A peaceful resolution of the conflict through dialogue and diplomacy is the only way forward'

India, China border talks focus on disengagement in eastern Ladakh

India, China border talks focus on disengagement in eastern Ladakh

Rediff.com14 Aug 2023

India and China on Monday held a fresh round of military talks with a focus on disengagement of troops in the remaining friction points in eastern Ladakh and ease overall tensions in the region.

India better positioned to face external shocks: RBI's Patra

India better positioned to face external shocks: RBI's Patra

Rediff.com15 Nov 2021

India is better positioned to face external shocks emanating from increasing geopolitical tensions, the aftermath of the COVID pandemic and the inevitability of climate change, Reserve Bank Deputy Governor Michael Debabrata Patra said on Monday. Relative to macroeconomic configurations in 2013 when India was described as one of the fragile five countries, he said, "India is better positioned currently, as its macroeconomic fundamentals have improved significantly, and external sector indicators point to the availability of enough cushions to manage external shocks." He was speaking at a conference on 'Growth And Development in the BRICS Economies' organised by the Delhi School of Economics (DSE) and the Indian Statistical Institute (ISI).

India or Bharat? Netizens have a blast over name change

India or Bharat? Netizens have a blast over name change

Rediff.com5 Sep 2023

Users jocularly wondered if the name of institutions such as the Indian Space Research Organisation, the Reserve Bank of India and the Board of Control for Cricket in India will be changed.

Border features at Indian envoy's meeting with Chinese foreign minister

Border features at Indian envoy's meeting with Chinese foreign minister

Rediff.com23 Jun 2022

'Wang Yi said the border issue is important and we should stay committed to peacefully addressing it through consultation and coordination.'

India to press for early disengagement in talks with China

India to press for early disengagement in talks with China

Rediff.com12 Aug 2023

India is set to press for early disengagement of troops from the remaining friction points in eastern Ladakh at a fresh round of high-level military talks with China on August 14, people familiar with the matter said on Saturday.

Xi offers to cooperate with India for COVID-19 vaccine

Xi offers to cooperate with India for COVID-19 vaccine

Rediff.com17 Nov 2020

So far the coronavirus, which originated in the Chinese city of Wuhan, has infected more than 54 million people around the world and killed over 1.3 million others.