BRIC will reshape after South Africa enters the grouping

March 12, 2012 Combined reports

Dr Nikolay A. Listopadov, Consul General of the Russian Federation in Southern India, said the fourth meeting in Delhi is crucial as changes in the governance in Russia and China and the entry of South Africa will lead to a new trend in world economy

General Electric disappoints in Russia, India: Citigroup

March 12, 2012 Combined reports

General Electric(GE) held a conference in Brazil Wednesday highlighting its emerging markets prowess, though Russia and India were largely absent from the agenda, according to a Citigroup analyst.

BRICs oversteering monetary policy

March 11, 2012 Combined reports

Bloomberg reported March 6 that the central banks of Brazil, Russia, India and China have been unusually active over the last four years, with more than 20 changes to their interest rates or reserve requirement policies.

BRIC economy to become world's largest by 2014

March 11, 2012 Combined reports

Increasing shift in institutional global capital allocations toward emerging markets, driven by growth, returns, liquidity and low capitalization vs. the GDP, the $13 trillion BRIC (Brazil, Russia, India and China) countries are heading toward becomi

China to offer renminbi loans to BRICs

March 11, 2012 Combined reports

China intends to extend renminbi loans to other Brics nations, in another step towards the internationalization of its currency.

Indian PM congratulates Vladimir Putin

March 7, 2012 Combined reports

Prime Minister Manmohan Singh on Tuesday congratulated his Russian counterpart Vladimir Putin on his election as the President, DNA reports Tuesday.

Severstal eyes mid-sized acquisitions in India

March 7, 2012 Combined reports

Severstal (CHMF.MM), Russia's second-largest steel producer, is scouting around for potential acquisitions in India with a focus on mid-sized steel makers, one of the firm's top executives told Reuters on Tuesday.

Security stepped up for BRICS summit

March 6, 2012 Combined reports

The Delhi Police are planning to make separate routes for each head of the five countries that will assemble in the Capital for the BRICS (Brazil, Russia, India, China and South Africa) summit on March 28.

Emerging markets to drive global M&As

March 6, 2012 Combined reports

Emerging markets including India, China, Russia and Brazil are going to account for 20 per cent of the global mergers and acquisitions

Instruments gifted to Russian museum

March 5, 2012 Combined reports

India has gifted a set of traditional musical instruments like Sitar, Sarod, Veena and Tabla to Russia's famed Glinka National Museum which is marking its 100th anniversary.

Emerging markets more inclined to use social media

March 5, 2012 Combined reports

Contact centres need to address customers' changing channel preferences and improve first contact resolution on the web, in both emerging and developed countries, according to Ovum.

India to build two more nuclear powered submarines

March 1, 2012 Combined reports

As the induction of the first locally built Indian nuclear powered submarine, INS Arihant is almost complete, the Indian government has decided to build two more of its type.

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