BRICS summit gives Putin a chance to show Russia not isolated
The BRICS emerging economies will launch a development bank at a summit this week which President Vladimir Putin hopes will help reduce Western dominance of world financial institutions and show Moscow is not isolated.
Jul 06, 2015, 21:09 PM IST
FM Jaitley to attend inaugural meet of BRICS bank at Moscow
During the four-day visit, he will also be participating at the functions on the sidelines of the BRICS Summit at Ufa which is being attended by Prime Minister Narendra Modi.
Jul 05, 2015, 12:17 PM IST
Modi meets Brazilian President; 3 bilateral agreements inked
Modi and Rousseff called for urgent progress on reforms of the UN.
Jul 16, 2014, 21:55 PM IST
BRICS bank to get going in 2 yrs; India to head for 6 yrs
India's presidency will be followed by Brazil and Russia who will have five years term each under an agreement reached after intense negotiations among the five country-grouping BRICS -Brazil, Russia, India, China and South Africa.
Jul 16, 2014, 18:31 PM IST
BRICS create development bank; first prez from India
In a major victory for India, the BRICS Summit Tuesday night decided to establish the new development bank with an initial authorised capital of USD 100 billion for which the initial subscribed capital will be equally shared by the founding members.
Jul 16, 2014, 00:10 AM IST
Divergent views in BRICS, a motivating factor: Xi
Chinese President Xi Jinping Tuesday said the diversity of the five BRICS countries with their divergent views should be a motivating factor instead of impeding its growth, as he called for new dynamism and cooperation in the grouping.
Jul 15, 2014, 20:21 PM IST
BRICS members likely to have equal shareholding in new bank
The BRICS Summit, Prime Minister Narendra Modi's first multilateral engagement, commenced Tuesday amid an understanding that the 5-member nations will have equal shareholding in the proposed USD 50 billion BRICS Development Bank which India had been strongly pressing for.
Jul 15, 2014, 20:04 PM IST
China pushes for developing world''s rights as BRICS summit opens
Brazil, China, India, Russia and South Africa are due on Tuesday to sign off on a new development bank being launched by the BRICS emerging market nations.
Jul 15, 2014, 09:53 AM IST
Modi to press for equal shareholding in proposed BRICS bank
Prime Minister Narendra Modi will launch his first multilateral engagement in this seaside city of Brazil, meeting Russian President Vladimir Putin and Chinese President Xi Jinping ahead of Tuesday's BRICS Summit at which India will press for equal shareholding for its five member countries in the proposed USD 50 billion BRICS Development Bank so that no shareholder dominates.
Jul 14, 2014, 17:33 PM IST
Chinese President leaves for Brazil to attend 6th BRICS summit
Chinese President Xi Jinping Sunday left for Brazil to attend the 6th BRICS summit during which he would have his first meeting with Prime Minister Narendra Modi on its sidelines.
Jul 13, 2014, 20:16 PM IST
PM Modi leaves for Brazil to attend BRICS Summit
Modi is visiting Brazil at the invitation of Brazilian President Dilma Rousseff to attend the Sixth BRICS Summit being held in Fortaleza and Brasilia on 15-16 July.
Jul 13, 2014, 19:37 PM IST
BRICS bank to defy Western clout in global finances
Leaders of the BRICS emerging market nations meet next week to launch a development bank and emergency reserves fund, an ambitious challenge to Western-run multilaterals that have shaped global finances since the end of World War Two.
Jul 12, 2014, 00:07 AM IST
Modi-Xi meeting in Brazil strategically significant: China
China on Monday said the first meeting between President Xi Jinping and Prime Minister Narendra Modi in Brazil next week will have "significant strategic importance" to bilateral ties.
Jul 07, 2014, 19:00 PM IST
