BRICS

  • No FIRE escape for China

    Geek At Large |  Saurav Jha
    In March 2013, 16000 dead pigs were found floating in the Huangpu river that is the source of Shanghai's drinking water supply. The pigs had...

  • India to have steady GDP growth in next 3 yrs, BRICS on rebound mode 24-01-2014 12:46 PM

    The global financial crisis, had hit the BRICS (Brazil, Russia, India, China and South Africa) economies, but these countries are likely to rebound, with India likely to clock "steady" GDP growth in next three years. According to leaders of these economies who were speaking at a session at the 44th...
  • China hopes to maintain peace along borders with India 07-12-2013 05:16 PM

    China has said it hopes to continue to strengthen cooperation and coordination with India in international affairs and work together to maintain peace in border areas. China's position was articulated by State Councilor Yang Jiechi during talks with National Security Advisor Shivshankar Menon on the sidelines of a meeting of...
  • South Africa begins life without Nelson Mandela 07-12-2013 08:58 AM

    This racially charged country that, on Nelson Mandela's watch, inspired the world by embracing reconciliation in all-race elections in 1994 is again in the global spotlight after the loss of such a towering historical figure. It is a time not just for grief and gratitude, but also a clear-eyed assessment...
  • 10 Indian varsities in top 100 BRICS institutes 06-12-2013 04:27 PM

    New Delhi: Ten Indian Universities have made it to the list of top 100 universities prepared by Times Higher Education BRICS and Emerging Economies Rankings. The inaugural Times Higher Education BRICS and emerging economies Ranking is based on a detailed study of Universities and other higher educational institutions in Brazil,...
  • India ranked 98th on list of best countries for business: Forbes 05-12-2013 06:07 PM

    India has been ranked 98th in the Forbes list of world's best countries for doing business that has cited poverty, corruption and discrimination against girls among the challenges facing the country. According to the list compiled by the US publication, among the BRIC economies, Brazil was placed higher at the...
  • PSUs need more autonomy, freedom from bureaucratic control:PM 21-11-2013 12:41 PM

    New Delhi: Pitching for public sector enterprises being made more competitive, Prime Minister Manmohan Singh on Thursday said the state-run companies need to be given greater functional autonomy, be freed from bureaucratic control and not shielded from private sector competition. "Going forward, our governments will have to increasingly adopt competition-neutral...
  • Full text: Manmohan, Putin's joint Statement on 14th India-Russia Annual Summit 21-10-2013 07:30 PM

    Prime Minister Manmohan Singh who is in Moscow for the 14th India-Russia Annual Siummit held talks with Russian President Vladimir Putin on defence, trade and nuclear cooperation. Both the leaders welcomed the continuing momentum of high-level bilateral contacts and intense dialogues that had taken place during the year, between the...
  • Manmohan, Putin praise each other for bolstering bilateral ties 21-10-2013 06:48 PM

    Prime Minister Manmohan Singh and Russian President Vladimir Putin, on Monday, showered accolades on each other for pushing the bilateral relationship as they held talks on ways to bolster the strategic ties further. "India is our strategic partner. Most of our mutual achievements have been achieved under your leadership and...
  • Indian firms perform best in BRICS, observes corruption watchdog 17-10-2013 01:39 PM

    Berlin: The anti-corruption watchdog Transparency International has admonished Chinese companies for their opaque business practices while praising Indian firms' relatively high standards, in a survey of emerging market multinationals released on Thursday. China got the lowest rating of the BRICS economies (Brazil, Russia, India, China and South Africa), whose companies...
  • P Chidambaram visits US, to woo investors 08-10-2013 08:15 PM

    New Delhi, Oct 8 (IANS)Finance Minister P Chidambaram will be on a week's visit to the US beginning Wednesday to woo foreign investors and attend the annual meeting of the World Bank and the International Monetary Fund. According to a finance ministry statement here, Chidambaram will attend annual plenary meetings...
  • Rise in India's super-rich club largest in five countries 11-09-2013 06:45 PM

    Even with an economic slowdown enveloping the nation, India has recorded the largest increase in its Ultra-High Net Worth Individual (HNWI) club among the BRICS nations in the last one year, with a total of 7,850 super rich people in the country, a report says. BRICS comprises of five countries,...
  • Raghuram effect: Rupee rises 77 paise, ends at 65.24 vs dollar 06-09-2013 06:50 PM

    The rupee continued to strengthen against the dollar on the back of announcements by new RBI Governor Raghuram Rajan, rising 77 paise on Friday to close at 65.24, the highest level in almost two weeks. Dollar sales by exporters, a weak US currency overseas and renewed capital inflows also helped...
  • Manmohan Singh arrives in Russia for G20 Summit 04-09-2013 07:14 PM

    Prime Minister Manmohan Singh arrived in St.Petersburgon Wednesday to attend the eighth G20 Summit during which he is expected to push for a coordinated plan to avoid disruption in India and other developing economies by imminent phasing out of fiscal stimulus by the US. While the dispute between Russia and...
  • Manmohan Singh leaves for St. Petersburg to attend G20 Summit 31-08-2013 05:54 PM

    With policy actions in the US shaking currency markets globally and the world economy still in the risk zone, Prime Minister Manmohan Singh leaves on a three-day visit to St. Petersburg on Wednesday to join other leaders at the G20 Summit and find ways to tackle the challenges. The visit...
  • 'Increasing FDI in insurance sector is top on UPA agenda' 20-04-2013 01:31 PM

    Washington: Increasing Foreign Direct Investment in the insurance sector is top priority for the ruling UPA, Finance Minister P Chidambaram said on Saturday, hoping that a bill to address the issue will be passed in the upcoming Parliament session. Responding to questions at the Peterson Institute, Chidambaram appreciated the efforts...
  • Manmohan Singh, Zuma interacted many times at BRICS 04-04-2013 03:18 AM

    New Delhi: Prime Minister Manmohan Singh and South African President Jacob Zuma "interacted on several occasions" during the BRICS summit in Durban though the two sides did not hold delegation-level talks, an official said in New Delhi on Wednesday. Seeking to refute reports that the Indian delegation failed to hold...
  • BRICS promotes unity among emerging economies: Wang Yi 01-04-2013 04:58 AM

    Beijing: The fifth BRICS summit has promoted unity among major emerging economies and injected fresh impetus into the cooperation mechanism, Chinese Foreign Minister Wang Yi said on Sunday. President Xi Jinping attended the summit, which brought together leaders of Brazil, Russia, India, China and South Africa, as part of his...
  • China seeks joint mechanism with India: Manmohan Singh 29-03-2013 01:26 AM

    On Board PM's Aircraft: Notwithstanding pledges to take the bilateral relationship to a new level, Prime Minister Manmohan Singh in his first meeting with new Chinese President Xi Jinping has sought a joint mechanism to assess the construction work on dams on Brahmaputra river in Tibet. "I took the opportunity...
  • BRICS Summit: PM meets Chinese President, raises Brahmaputra issue 28-03-2013 07:57 AM

    Durban: Prime Minister Manmohan Singh on Wednesday met Chinese President Xi Jinping on the sidelines of the BRICS Summit in Durban. This was the first structured high-level meeting between the two countries since the change of leadership in China. Speaking after the meeting, Singh said he was happy to meet...
  • BRICS to set up development bank parallel to WB 27-03-2013 09:59 PM

    Durban: In a major move aimed at reforming the global financial architecture, the BRICS finance ministers on Wednesday agreed on the setting up of a development bank to fund infrastructure and development projects in the five-nation grouping of emerging powers. "We are reporting to the Heads (of governments) that the...
  • BRICS nations are key drivers of economic growth: Manmohan Singh 27-03-2013 07:25 PM

    Prime Minister Manmohan Singh also lauded the nations for boosting global economic growth. ...
  • World Bank welcomes BRICS development bank 27-03-2013 02:00 PM

    Washington: The World Bank has welcomed the move by the BRICS countries to set up a development bank and vowed to work closely with the new lender. Finance ministers from the BRICS members (Brazil, Russia, India, China and South Africa) agreed on Tuesday to establish the bank to fund infrastructure...
  • Kudankulam I will be operational in April: Manmohan Singh 27-03-2013 12:41 PM

    Durban: Kudankulam's controversial atomic reactor I will be operational by April, Prime Minister Manmohan Singh has assured the Russian President Vladimir Putin on the sidelines of the BRICS Summit in Durban on Wednesday. He has given an assurance that the controversial unit I of the Kudankulam atomic power reactor in...
  • BRICS Summit: Chidambaram stresses on the need of a development bank 27-03-2013 11:22 AM

    Finance Minister P Chidambaram stressed on need of BRICS development bank saying, "The bilateral funds that flow from the developed countries to the developing countries has declined. The existing multinational development banks and the regional banks are insufficiently capitalised". ...
  • Manmohan Singh to meet China's new President Jinping 27-03-2013 08:00 AM

    Durban: Prime Minister Manmohan Singh is set to meet Chinese Premier Xi Jinping on Wednesday in Durban on the sidelines of the ongoing 5th BRICS Summit. This will be the first bilateral meeting between the two leaders after the recent change of leadership in China. The Prime Minister who is...
  • BRICS finance ministers agree on a BRICS bank 27-03-2013 12:24 AM

    Durban: Finance ministers of Brazil, Russia, India, China and South Africa have agreed on a BRICS bank on the lines of the World Bank and the International on Monetary Fund (IMF) that will address the development needs of emerging and poor economies. "It's done," South Africa's Finance Minister Pravin Gordhan...
  • Four deliverables expected at Durban BRICS Summit 26-03-2013 05:50 AM

    Durban: Four concrete deliverables are expected at the 5th BRICS Summit at Durban March 26-26, 2013, that will take the process of the five-nation bloc forward to the next level, Indian officials said on Monday. Prime Minister Manmohan Singh, who arrived here on Monday evening, will join the leaders from...
  • Hopes raised over first meet between Manmohan Singh and Xi Jingping 26-03-2013 04:40 AM

    Durban: Indian Prime Minister Manmohan Singh meets new Chinese President Xi Jingping on Wednesday, with both countries waiting for a new direction to bilateral ties that had seen some ups and downs in recent years, particularly over unresolved border tensions. The meeting will take place on the sidelines of the...
  • PM arrives in Durban for BRICS Summit 25-03-2013 08:27 PM

    Durban: Prime Minister Manmohan Singh on Monday arrived in South Africa on a four-day visit to attend the BRICS Summit that could launch a development bank for the five-nation grouping and discuss ways to reform governance in international financial institutions. The Prime Minister is leading a high-level delegation including Finance...