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......
Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on......
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......
Former Reserve Bank of India governor Shaktikanta Das was on Saturday appointed the second Principal Secretary to Prime Minister Narendra Modi. IMAGE: Shaktikanta Das. Photograph: ANI Photo P K......
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual......
India has named private banker K.V. Kamath as the first head of a new development bank being set up by the BRICS group of emerging market economies, Finance Secretary Rajiv Mehrishi told reporters......
The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating that it is ready to work with the Bank's leadership. "I would like to congratulate you on......
Welcoming setting up of the BRICS Bank, former Finance Minister P Chidambaram on Wednesday said the work initiated by United Progressive Alliance government last year has led to its culmination in......
The Durban Summit may, on Wednesday, finally agree on a roadmap to set up a BRICS Development Bank, although issues like capital, membership and governance are still bogging the plan. Indian......
Business leaders of the Brazil, Russia, India, China, South Africa (BRICS) nations are expecting the New Development Bank to be operational by August 2016, which is aimed at boosting......