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India Will Guide BRICS Bank to Finance Needs of Emerging Nations: PM Modi
India will guide the BRICS nations' $50 billion New Development Bank - a rival to the World Bank - to finance "inclusive and responsive" needs of particularly emerging economies, Prime Minister Narendra Modi said today.
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BRICS Bank to Lend in Local Currency by April: KV Kamath
The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member countries will primarily be the focus of credit facility, its chief and eminent banker KV Kamath said in Ufa today.
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PM Narendra Modi Arrives in Russia for 2 Key Summits, to Meet Xi Jinping and Vladimir Putin
Prime Minister Narendra Modi has arrived in Russia on a three-day visit to attend two key summits - the seventh meeting of BRICS and later, a meeting of the Shanghai Cooperation Organisation or SCO - in the city of Ufa.
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Finance Minister Arun Jaitley to Attend Inaugural Meet of BRICS Bank at Moscow
Finance Minister Arun Jaitley is leaving for Russia on Monday evening to participate in the inaugural meeting of the BRICS-backed New Development Bank.
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BRICS Bank to be Operational by End of 2015: South Africa
The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said today.
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BRICS-Promoted New Development Bank to Start Operations by April: KV Kamath
The New Development Bank (NDB), promoted by BRICS nations, is expected to begin operations by April next year, its first President KV Kamath said today.
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BRICS Bank Chief KV Kamath Steps Down as Chairman of IIM Indore
Veteran banker KV Kamath, the newly appointed chief of the New Development Bank of BRICS nations, has stepped down from the post of chairman of the Indian Institute of Management, Indore.
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Looking Forward to Serve Nations, Says BRICS Bank Chief KV Kamath
Seasoned banker KV Kamath today thanked the Modi government for appointing him as the first president of New Development Bank (NDB) and said he would look forward to serving BRICS nations.
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India Could Become Vice President of China-Led Asia Infrastructure Investment Bank
India is likely to get the Vice-President's post in China-backed Asia Infrastructure Investment Bank (AIIB) in which India and 56 countries have been admitted as founding members.
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How China is Upsetting the Old Global Economic Order
With its huge new infrastructure bank and its ambitions for a globalized renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.
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BRICS Victory for India: Your 10-Point Cheatsheet
The new development bank of the group of BRICS countries will be headquartered in Shanghai, China, with the presidency held by India for the first five years. In hard negotiations, India won on some key points.
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Modi Pitches for Rule-Based, International Trading Regime
Prime Minister Narendra Modi favoured an open, rule-based, international trading regime which he said is critical for global economic growth.
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BRICS Summit Clears Setting Up of $100 Billion New Development Bank
The new development bank of the group of BRICS countries will be headquartered in Shanghai, China, with the presidency initially held by India.
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Shanghai Most Likely Headquarters for BRICS Development Bank
Shanghai looks set to become the headquarters of a development bank being launched by the BRICS emerging market nations, despite fears by some members of the group that China could hijack the bank to serve its interests.
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Finance Minister Arun Jaitely Not to Attend BRICS Summit in Brazil
Indian Finance Minister Arun Jaitley will not attend the BRICS summit in Brazil next week as his presence will be required in Parliament for passage of the Budget.
-
India Will Guide BRICS Bank to Finance Needs of Emerging Nations: PM Modi
India will guide the BRICS nations' $50 billion New Development Bank - a rival to the World Bank - to finance "inclusive and responsive" needs of particularly emerging economies, Prime Minister Narendra Modi said today.
-
BRICS Bank to Lend in Local Currency by April: KV Kamath
The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member countries will primarily be the focus of credit facility, its chief and eminent banker KV Kamath said in Ufa today.
-
PM Narendra Modi Arrives in Russia for 2 Key Summits, to Meet Xi Jinping and Vladimir Putin
Prime Minister Narendra Modi has arrived in Russia on a three-day visit to attend two key summits - the seventh meeting of BRICS and later, a meeting of the Shanghai Cooperation Organisation or SCO - in the city of Ufa.
-
Finance Minister Arun Jaitley to Attend Inaugural Meet of BRICS Bank at Moscow
Finance Minister Arun Jaitley is leaving for Russia on Monday evening to participate in the inaugural meeting of the BRICS-backed New Development Bank.
-
BRICS Bank to be Operational by End of 2015: South Africa
The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said today.
-
BRICS-Promoted New Development Bank to Start Operations by April: KV Kamath
The New Development Bank (NDB), promoted by BRICS nations, is expected to begin operations by April next year, its first President KV Kamath said today.
-
BRICS Bank Chief KV Kamath Steps Down as Chairman of IIM Indore
Veteran banker KV Kamath, the newly appointed chief of the New Development Bank of BRICS nations, has stepped down from the post of chairman of the Indian Institute of Management, Indore.
-
Looking Forward to Serve Nations, Says BRICS Bank Chief KV Kamath
Seasoned banker KV Kamath today thanked the Modi government for appointing him as the first president of New Development Bank (NDB) and said he would look forward to serving BRICS nations.
-
India Could Become Vice President of China-Led Asia Infrastructure Investment Bank
India is likely to get the Vice-President's post in China-backed Asia Infrastructure Investment Bank (AIIB) in which India and 56 countries have been admitted as founding members.
-
How China is Upsetting the Old Global Economic Order
With its huge new infrastructure bank and its ambitions for a globalized renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.
-
BRICS Victory for India: Your 10-Point Cheatsheet
The new development bank of the group of BRICS countries will be headquartered in Shanghai, China, with the presidency held by India for the first five years. In hard negotiations, India won on some key points.
-
Modi Pitches for Rule-Based, International Trading Regime
Prime Minister Narendra Modi favoured an open, rule-based, international trading regime which he said is critical for global economic growth.
-
BRICS Summit Clears Setting Up of $100 Billion New Development Bank
The new development bank of the group of BRICS countries will be headquartered in Shanghai, China, with the presidency initially held by India.
-
Shanghai Most Likely Headquarters for BRICS Development Bank
Shanghai looks set to become the headquarters of a development bank being launched by the BRICS emerging market nations, despite fears by some members of the group that China could hijack the bank to serve its interests.
-
Finance Minister Arun Jaitely Not to Attend BRICS Summit in Brazil
Indian Finance Minister Arun Jaitley will not attend the BRICS summit in Brazil next week as his presence will be required in Parliament for passage of the Budget.
