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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......

Modi-Xi 'Agreement': The Nation Needs To Know!

China does not have to give up what it took in 2020, it will never give up its claim to Arunachal Pradesh, Ladakh and other areas, and it has all the time now to plan its next surprise, points out......

BRICS Expansion: Boost For China

This could become tricky territory for India, given its basically adversarial relationship with China, its moves to block imports and investment from that country, and to deny market access for......

'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......

Diary: Durban, Gandhi and the BRICS bank

Sheela Bhatt, who traveled with Prime Minister Manmohan Singh to the BRICS Summit in Durban, gauges the buzz ahead of the event that begins Tuesday. As an Indian it is a nice feeling to think that......

Brics likely to focus on closer energy partnerships among members

The 16th Brics Summit beginning Tuesday in Kazan, Russia, is expected to see more focus on creating a sharper energy policy for Brics that ensures closer partnership among members in both energy......

Can't accept FDI blindly, need safeguards: Sitharaman

India will place restrictions on foreign direct investment (FDI) in the national interest to ensure safeguards because of its location in a highly sensitive neighbourhood, Finance Minister Nirmala......

What is the purpose of the BRICS Bank?

The fact that the Indian government has allowed the bank to be headquartered in Shanghai merely underlines the fact that this will be a largely Chinese enterprise.  With the announcement at......

Why K V Kamath calls Indian banking system the best in 50 years

'I don't think we have ever seen such alignment of everything that we need in the banking sector.' Kindly note the image has been published only for representational purposes. Photograph: Francis......

BRICS Bank to keep borrowers' interest in mind, says Kamath

In a major shift from the way multilateral lenders functions, borrowers' interest will be paramount for the $100-billion BRICS Bank as against the common practice of lenders' view getting......

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