In a series of tweets -- in Russian and then in English -- on the eve of his visit to Russia, Modi said he looked forward to his meeting with Putin.
India's upcoming presidency of the G20 grouping is a matter of pride and a great opportunity for the country in its 75th year of Independence, Prime Minister Narendra Modi said on Tuesday. Modi made the remarks after unveiling the logo, theme and website of India's G20 presidency during an online event. India will assume the presidency of the powerful grouping from the current chair Indonesia on December 1.
After visiting two Central Asian countries, Prime Minister Narendra Modi arrived in Ufa on Wednesday on a three-day trip during which he will attend the BRICS and Shanghai Cooperation Organisation summits.
Prime Minister Manmohan Singh on Friday left for Kazakhstan, completing his three-day stay in Sanya during which he attended the BRICS Summit and held bilateral talks with the presidents of China, Brazil, Russia and South Africa.
The prime minister also said that country nurtures a mindset that loudly proclaims that terrorism is justified for political gains.
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.
May emphasise that the country is back on the fiscal consolidation path by reining in fiscal deficit at 5.2%.
The BRICS bank is simply too expensive a proposition for a group of developing countries that includes many who are already overspending domestically.
'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'
India and China have not ruled out a Modi-Xi meeting during the summit.
Modi emphasised that it was necessary to work together for sustained global economic recovery.
Rediff.com's Nikhil Lakshman, who is travelling with Prime Minister Manmohan Singh to the BRICS Summit in the Chinese town of Sanya, reports that the next BRICS Summit will be held in India in 2012 even as the five BRICS nations pledged to jointly work towards peaceful transformation of the world order.
Prime Minister Manmohan Singh arrived in Sanya, China on Tuesday at the Phoenix International Airport to attend the BRICS Summit that will see the formal induction of South Africa as the fifth member of the emerging economies group, which already has Brazil, Russia, India and China as members.
The volatile situation in Libya and some other countries in that region, which has caused "uncertainty" with regard to energy supplies and prices, is expected to be discussed at a five-nation summit to be attended by Prime Minister Manmohan Singh in China.
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 territory of Afghanistan must not be used to carry out terror attacks against other countries, the five-nation influential grouping BRICS said on Thursday and strongly called for combating terrorism in all its forms and manifestations, including the cross-border movement of terrorists.
The first-quarter foreign trade growth between China and the other four nations of BRICS (Brazil, Russia, India, China and South Africa), was 16.3 percentage points higher than China's average foreign trade growth during the period, China's General Administration of Customs said.
India's role as a leader of the global south may require it to give up its ambition to serve as a bridge between the warring halves of the international community, points out Mihir S Sharma.
'To get a 100 per cent consensus document without any reservation, any bracket, any chair summary is unprecedented in the history of multilateral forums.'
In a statement ahead of his visit to the Indonesian city for the G20 leaders' summit, Modi said he will also highlight India's achievements and its 'unwavering commitment' to collectively address key global issues.
Brazil, China, India, Mexico and South Africa are still a logical grouping.
India expects to see the bank established as soon as possible.
The deal will provide Suzlon with much needed liquidity.
Xi and Modi met soon after their arrival at a summit of the BRICS group of emerging powers. Xi said the two countries should join hands in setting global rules and suggested he attend the November meeting of the 21-nation APEC in Beijing, as well as take part in Chinese-led regional initiatives.
Indian Non-Governmental Organisations are very dissatisfied with the weak response of Environment Minister Jayanthi Natarajan to the Rio+20 declaration issued on the eve of the summit, reports Darryl D'Monte.
The BRICS states need to pin down China on long-term norm-based values, ideas and concrete proposals and programmes for the mutual benefit of the constituent member states.
President Pranab Mukherjee will visit China from May 24 to 27 during which he will hold talks with the top Chinese leadership, the foreign ministry said on Wednesday, announcing the first trip to the country by an Indian Head of State in six years.
The BRICS Summit tonight decided to establish the new development bank with an initial authorised capital of $100 billion.
Finance Minister of the BRICS countries had also worked on the idea at various deliberations on the sidelines of the Fund-Bank and G-20 meetings, he said.
"Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on New Delhi G20 Leaders Summit Declaration," Modi said while addressing the second session of the Summit at the Bharat Mandapam in New Delhi.
The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape
Srikanth Kondapalli on what to expect from the seventh BRICS summit meeting to be held in Russia in July.
As advanced economies continue to be consumed by the tailback of the economic crisis that struck in 2008, the germ of an alternative model of economic growth seemed to be emerging on the anvil of the BRICS regional grouping that held its fourth summit in Delhi here on Thursday.
Official sources said the two leaders will meet for around four to six hours for the 'agendaless' talks
The leaders of the Brazil-Russia-India-China-South Africa grouping on Thursday collectively voiced their opposition to the use of force in Libya and pitched for a central role for the United Nations and regional organisations in resolving the matter.Reflecting on the situation in the Middle East and north African countries at the BRICS Summit, Prime Minister Manmohan Singh observed that there was a "shift of power towards ordinary citizens".
Dr Singh is in the Kazakh capital as part of his two-nation tour, which earlier took him to Sanya in China, where he attended the summit of Brazil-Russia-India-China-South Africa grouping.
In a first-of-its-kind step, Brazil, Russia, India, China and South Africa (BRICS) will be signing an agreement on Thursday under which they would be able to give credit and grants to each other in their own currency instead of dollars.
has been discussed at the highest level when the Prime Minister met Chinese President in Hanoi in October last.
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