The post-Durban BRICS roadmap: Hopes and Challenges
If the BRICS grouping seeks to achieve their overarching goal of reconfiguring the existing world order, they sail or sink together
What made India’s prime minister happy
Was it the BRICS summit? Or, was it the successful first meeting he had with China’s new leader Xi Jinping?
BRICS birth a new South-South revolution in Durban
The Durban summit will go down in history as a defining moment in the trajectory of the South-South cooperation and marked the maturation of the BRICS grouping.
BRICS states call for substantial contributions to Development Bank
The initial contribution to the BRICS Development Bank should be substantial and sufficient for the Bank to be effective in financing infrastructure, BRICS leaders said in their Declaration adopted at the 5th summit of the grouping in Durban, South A
BRICS countries agree to create self-governing currency reserve of 100 billion dollars
The BRICS countries have agreed to establish a self-governing currency reserve of 100 billion dollars to be used in emergency situations, the final declaration of the summit says.
Putin advocates BRICS Development Bank to boost trade
President Vladimir Putin lent his support on Wednesday to the idea of establishing a development bank of the BRICS organization of leading emerging market economies to build up mutual trade and investment
BRICS Bank: A reality check
The very philosophy underlying BRICS needs to be applied in the establishment of the bank
Finance ministers fail to agree on creation of BRICS Development Bank
Siluanov said that the finance ministers could not agree on separate issues such as the amount of capital and the size of contributions to be made by each country
BRICS means business, sky’s the limit
Besides the Development Bank, the formation of the Business Council will be a key outcome of the Durban summit
Human Rights Watch calls on BRICS to help Syrians
Human Rights Watch called on the BRICS countries, meeting in Durban today, to take concrete steps to help the people in war-torn Syria
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BRICS Bank dream set to turn real, power games begin
Negotiations will go down to the wire at the meeting of the BRICS finance ministers in Durban that will focus on resolving key issues relating to governance and functioning of the bank.
Raising the bar: BRICS moment under global sun
The Durban summit surely promises to be more than a glorified photo-op and may even surprise critics, who are prone to dismiss it as another talk shop for grandiloquence
BRICS Business Forum opens on eve of BRICS summit in South Africa
A two-day Business Forum opened on the eve of a BRICS summit in the South African city Durban on Monday. Over 900 businesspeople from the BRICS states (Brazil, Russia, India, China and South Africa) meet at the workshops on different themes and indus
Happy landing for BRICS at Durban
The BRICS’ splashy ‘arrival’ in the African continent is bound to arouse disquiet in the western capitals
A BRICS bank struggling to be born
The World Bank’s Senior Vice President Kaushik Basu has done the right thing by voicing skepticism that the BRICS development bank is round the corner
Can the BRICS rule in a world without the West?
Jim O’Neil, the Goldman Sachs economist, who coined the term BRIC, has walked away into retirement, but the alliance he allegedly sparked remains standing. How realistic are its chances of establishing a new world order?
BRICS countries seek "virtual secretariat"
The BRICS leaders plan to discuss the creation of a single bank and a "virtual secretariat" at the forthcoming summit in South Africa
G20 leaders pledge to avoid currency wars
Financial experts said the communique indirectly criticized Japan, which recently devalued the yen to encourage economic growth by keeping interest rates at almost zero
Vladivostok once again in APEC limelight
Deputies and senators from the Asia-Pacific will legalise the decisions taken by their heads of state at last year’s APEC forum held in Vladivostok. India sends observers
CSTO moves on – sans Uzbekistan
Tashkent is having a ball and is carving out a lot of space for itself to manoeuvre as a regional power