BRICS

Raghuram Rajan warns against 'euphoria' over India's fastest-growing economy tag

Cautioning against 'euphoria' about India being the world's fastest-growing economy, RBI Governor Raghuram Rajan on Wednesday said it still remains one of the poorest nations and has "a long way to go", as he sought to contextualise his controversial 'one-eyed is king' analogy.

Apr 20, 2016, 14:21 PM IST

Sushma Swaraj talks tough, says double standards in dealing with terrorism dangerous

Swaraj said a host of issues including situation in the Middle East were discussed at the RIC meet.

Apr 18, 2016, 20:55 PM IST

BRICS moves to establish bank institute, rating agency

BRICS countries today discussed the efficacy of "establishing" a bank institute and a rating agency of their own following the New Development Bank (NDB) becoming fully operational.

Apr 15, 2016, 10:54 AM IST

Eighth BRICS summit in Goa in October

The eighth BRICS summit will be held in Goa on October 15-16 this year, External Affairs Minister Sushma Swaraj said on Tuesday.

Mar 22, 2016, 11:54 AM IST

1st BRICS bank loan to India likely for solar project: Kamath

The New Development Bank set up by BRICS countries aims to lend up to USD 2 billion this year starting in about two months and the multilateral lender's first loan to India could be for a green solar energy project, its president K V Kamath said.

Feb 28, 2016, 18:38 PM IST

India should avoid divisions among BRICS: Chinese media

India should shed its "long-standing bias against China" and avoid divisions among the five-member BRICS bloc specially in the backdrop of US attempts to rewrite international rules, a Chinese media report said Thursday.

Feb 25, 2016, 21:18 PM IST

Xi Jinping launches Asian Infrastructure Investment Bank

China-backed Asian Infrastructure Investment Bank (AIIB) in which India and 56 countries have joined as founding members was formally opened here today by President Xi Jinping.

Jan 16, 2016, 12:15 PM IST

India ranks 130th in Human Development Index: UNDP

The United Nations Development Programme (UNDP) in its latest report has placed India`s Human Development Index (HDI) value for 2014 at 0.609, as the country climbed five spots to 130 in a list of 188 countries and territories.

Dec 14, 2015, 22:01 PM IST

1,310 posts of Professors lying vacant in Central Universities

 There are 1,310 posts of Professors which are vacant in various Central Universities, as on September 1, 2015, the Ministry of Human Resource Development said today.

Dec 10, 2015, 21:24 PM IST

President Mukherjee calls for addressing quality concerns in higher education

 President Pranab Mukherjee on Thursday called for a serious discourse on how to address the quality concerns in higher education should begin at the earliest.

Dec 05, 2015, 15:50 PM IST

BRICS media should work to break Western hegemony

Media outlets from BRICS member countries must foster initiatives to break Western hegemony in news reporting, a senior official has said.

Nov 30, 2015, 14:45 PM IST

China proposes firm to fund projects in Europe

Li dangled the offer of cheap Chinese funds from both the government and commercial banks to the area, which has lagged behind more prosperous nations in the western part of the continent.

Nov 25, 2015, 01:53 AM IST

Five things PM Narendra Modi said at BRICS meeting

Prime Minister Narendra Modi on Sunday attended a meeting of the BRICS leaders on the sidelines of the G-20 Summit at Antalya in Turkey. The topic of terrorism dominated the meeting in the wake of the Paris attack.

Nov 15, 2015, 17:45 PM IST

PM Modi urges BRICS leaders for united global efforts to combat terrorism

"We stand united in strongly condemning the dreadful acts of terrorism in Paris," says Modi.

Nov 15, 2015, 15:33 PM IST

Will Christine Lagarde face BRICS challenge as IMF term nears end?

As International Monetary Fund chief Christine Lagarde's mandate enters the final stretch, emerging-market powers seem hesitant about teaming up to try to wrest the job away from Europeans.

Nov 09, 2015, 03:22 AM IST

China-based New Development Bank, AIIB making progress: Officials

The New Development Bank set up by BRICS nations is expected to approve its first loan in April while the Asian Infrastructure Investment Bank will begin formal operations next year, senior officials said Wednesday.

Oct 28, 2015, 21:47 PM IST

India ranks 8th on minority investors' protection: World Bank

India is ranked 8th globally when it comes to protection of minority investors, ahead of many developed economies including the US, Germany and Japan.

Oct 28, 2015, 17:42 PM IST

BRICS Foreign Ministers call for comprehensive approach to counter terrorism

The BRICS Foreign Minister on Tuesday reiterated their strong condemnation of terrorism in all its forms and manifestation.

Sep 30, 2015, 04:21 AM IST

India an island of calm in ocean of turmoil: Rajan

Stating that Indian economy is doing "quite well" when advanced countries are struggling to grow, RBI Governor Raghuram Rajan on Friday termed India as an "island of relative calm in an ocean of turmoil".

Sep 18, 2015, 19:35 PM IST

India laggard among BRIC nations in online shopping

India may be ahead of countries like Brazil and Russia with a higher Internet population but lags behind when it comes to online shoppers and transaction sizes, a report by EY said Wednesday.

Sep 16, 2015, 20:13 PM IST