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Rupee recovers from record low, gains 3 paise to 84.69 against USD

Rupee recovers from record low, gains 3 paise to 84.69 against USD

Tue, Dec 03, 2024

Rupee rebounds slightly, ending at 84.69 against the US dollar after hitting a record low. Gains driven by positive equities amid global headwinds, BRICS currency tensions, and FPI outflows.

Donald Trump warns of 100% tariff on BRICS nations

Donald Trump warns of 100% tariff on BRICS nations

Mon, Dec 02, 2024

The BRICS bloc, which is formed mostly of emerging markets, comprises Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia and the United Arab Emirates (UAE).

BRICS+ group expected to surpass G7 in global trade by 2026: EY India

BRICS+ group expected to surpass G7 in global trade by 2026: EY India

Thu, Oct 31, 2024

The BRICS+ grouping of nations like India, China and Russia is rapidly increasing its share in global merchandise exports and imports and is expected to surpass G7 group by 2026, EY India said in its latest edition of EY Economy Watch.

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BRICS development bank to lend $2.5 billion next year, says KV Kamath

BRICS development bank to lend $2.5 billion next year, says KV Kamath

Sun, Oct 16, 2016

The BRICS - Brazil, Russia, India, China and South Africa - agreed to create the New Development Bank (NDB) in July 2014 with initial authorised capital of $100 billion.

BRICS Summit: PM Modi calls Pakistan mothership of terrorism

BRICS Summit: PM Modi calls Pakistan mothership of terrorism

Sun, Oct 16, 2016

"In our own region, terrorism poses a grave threat to peace, security and development. Tragically its mothership is a country in India's neighbourhood . Terror modules around the world are linked to this mothership," he said.

GST rate on polluting items may be higher, Jaitley says

GST rate on polluting items may be higher, Jaitley says

Fri, Oct 14, 2016

"The USD 100-billion number has been talked about for the past 10 years and there is very little pressure from the domestic constituencies in the advanced economy countries, including the media. This is part of a grand bargain and if you keep on undermining this, I think people will walk away from the table at some point," Patel said.

Domestic reforms to cushion India from global shocks: FM Jaitley

Domestic reforms to cushion India from global shocks: FM Jaitley

Thu, Oct 13, 2016

"Over the last two-and-a-half years most of the sectors have been reviewed and we now have probably the most open FDI policy in the world with 90 per cent of FDI coming in through the automatic route," he said.

BRICS Trade Fair commences today with focus on start-ups

BRICS Trade Fair commences today with focus on start-ups

Wed, Oct 12, 2016

The first ever three-day BRICS Trade Fair will commence at the Pragati Maidan here on the theme 'Building BRICS - Innovation for Collaboration.' The BRICS Trade Fair will also focus on start-ups and will bring together young entrepreneurs from across BRICS nations on this platform.

Jaitley to address BRICS seminar on corporate bond market tomorrow

Jaitley to address BRICS seminar on corporate bond market tomorrow

Mon, Sep 26, 2016

Eyeing deepening of corporate bond market in India, Finance Minister Arun Jaitley will tomorrow address a session on ways to develop it and possibilities of sharing the best practices followed by BRICS countries.

Jaitley to attend IMF-WB annual meet in US next month

Jaitley to attend IMF-WB annual meet in US next month

Sun, Sep 18, 2016

The three-day annual meeting of the International Monetary Fund and the World Bank will begin on October 7 in Washington.

BRICS should shape international agenda: Modi

BRICS should shape international agenda: Modi

Sun, Sep 04, 2016

In his address at the BRICS Leaders meeting, Modi said "We, as BRICS, are an influential voice in international discourse.It is, therefore, our shared responsibility to shape the international agenda."

Arun Jaitley wants a 'world class' BRICS arbitration mechanism

Arun Jaitley wants a 'world class' BRICS arbitration mechanism

Sun, Aug 28, 2016

Finance Minister Arun Jaitley called for a larger economic and trade cooperation including in goods and services amongst the BRICS nations. Jaitley was speaking at the International Arbitration in BRICS, in New Delhi

New Development Bank: Focus on infrastructure as a niche area

New Development Bank: Focus on infrastructure as a niche area

Thu, Jul 21, 2016

Kumar said, the infrastructure plays an important role in anchoring a more flexible recovery, improving potential growth and promoting inclusive growth in the countries.

ICICI Bank becomes first institution to sign MoU with BRICS

ICICI Bank becomes first institution to sign MoU with BRICS

Thu, May 05, 2016

Kochhar said there are synergies between the two organisations and the MoU will help harness this to benefit both the partners in the long run.

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