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Brics New Development Bank

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'BRICS bank could become future World Bank'

 The BRICS Development Bank could become a World Bank in future due to the increasing influence of emerging countries, chairman of Goldman Sachs Asset Management said on Wednesday. "If, in fact, the......

Beijing ready to revive Russia-India-China troika

 China on Thursday expressed its support for Russia's initiative to revive the dormant Russia-India-China (RIC) troika, saying the trilateral cooperation not only serves the interest of the three......

India supports dialogue, not war: Modi at BRICS Summit

 Prime Minister Narendra Modi on Wednesday renewed his call for dialogue and diplomacy as being the only way forward to resolve conflicts, in an unambiguous message to press for the resolution of......

India Unlikely To Retaliate Against US

 India would neither succumb to the Americans on issues of national security, such as its defence ties with Russia, nor cede ground on its domestic interests in the agriculture and dairy sectors.......

Why Trump Turned on India, Embraced Pakistan

 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. IMAGE: Prime Minister Narendra Modi and US......

'BRICS Development Bank likely next year'

 The proposed BRICS Development Bank involving India and four other member countries could be launched during the grouping's summit in South Africa next year, a minister in Johannesburg has said."We......

BRICs mull setting up development bank

 Think tanks of five member - Brazil, Russia, India, China and South Africa- BRICS bloc, representing the emerging economies, reached consensus on creating a BRICS development bank to complement......

BRICS summit: Development bank to be finalised

 Brazil, Russia, India, China and South Africa aim to conclude the setting up of a BRICS development bank at the next summit of the grouping, which will take place in Durban from 25 to 27 March next......

Development bank: BRICS nations to take a call

 The Summit of BRICS nations in Durban on Wednesday may take a call on the setting up of a development bank notwithstanding some key issues dogging it even as the leaders will advocate reforms of......

SAARC to fast-track development bank: Nepal

 South Asian countries, including India and Nepal, would fast-track the process of setting up of the SAARC Development Bank to garner funds for development of infrastructure in the region.During the......

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