Page 19 - Brazil

PM Modi, China prez Xi seen having brief exchanges at Brics summit

Prime Minister Narendra Modi and Chinese President Xi Jinping were on Thursday seen having brief exchanges ahead of a media briefing by the BRICS leaders in Johannesburg. Modi and Xi are in the South African city of Johannesburg to attend the annual summit of BRICS (Brazil-Russia-India-China-South Africa). Video footage aired by a South African broadcaster showed Modi and Xi having a brief exchange. There was no official comment on the exchange by either side. Ahead of the start of the BRICS summit, there was speculation about the possibility of a bilateral meeting between Modi and Xi in Johannesburg. Modi is travelling to Greece on Thursday evening after concluding his engagements in the South African city. The prime minister and the Chinese president had a brief encounter at a dinner during the G20 summit in Bali in November last year. The ties between India and China came under severe strain following the eastern Ladakh border row that began in May 2020. Indian and Chinese t

Brics nations agree for considering new members: S African minister

No new Brics bank members to be announced at summit, says CFO

Brics Summit to advance cause of common prosperity: S Africa Prez Ramaphosa

The BRICS Summit will advance the cause of common prosperity and progress, South African President Cyril Ramaphosa said on Wednesday afternoon as he welcomed the leaders from Brazil, Russia, India and China at the opening of the 15th BRICS Summit. Ramaphosa said the BRICS partnership that straddles four continents and five countries that are home to almost three-and-a-half billion people has over the past decades been a major driver of global growth, trade and investment. We are confident that this 15th BRICS Summit will advance the cause of common prosperity and progress. We are confident that (it) will enrich and inspire our work towards the achievement of a more humane global community, he said. Underlining that BRICS stands for solidarity, progress, sustainable development, inclusiveness and a "more just, equitable world order", the president said, We are an inclusive formation of developing and emerging economies that are working together to benefit from our rich histories, ...

Brics Summit: Modi meets South African president, addresses plenary session

During the Plenary Session I of the summit, PM Modi said that BRICS (Brazil-Russia-India-China-South Africa) embarked on a long and amazing journey in the last two decades

India has 'open mind' for expansion of Brics: Foreign secretary Kwatra

Ahead of the BRICS summit in Johannesburg, India on Monday said it has a "positive intent" and an "open mind" for the expansion of the five-nation grouping. Prime Minister Narendra Modi is visiting the South African city from August 22 to 24 to attend the 15th BRICS summit at the invitation of South African President Cyril Ramaphosa. It will be the first in-person summit of BRICS (Brazil-Russia-India-China-South Africa) since 2019. Russian President Vladimir Putin has already decided not to travel to Johannesburg for the summit. The BRICS brings together five of the largest developing countries of the world, representing 41 per cent of the global population, 24 per cent of the global GDP and 16 per cent of the global trade. The prime minister is scheduled to leave for Johannesburg on Tuesday morning. From Johannesburg, Modi will travel to Greece where he will hold wide-ranging talks with Prime Minister Kyriakos Mitsotakis on broadening overall ties between the two countries. Aske

Does Brics exist only because a good acronym cannot be allowed to die?

India says it wants clear criteria established for new Brics memberships. But do even the existing members qualify under any meaningful criteria, asks T N Ninan

LIVE: HP govt declares whole state as 'natural calamity affected area'

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Brazilian hacker claims Bolsonaro asked him to hack into the voting system

A Brazilian hacker claimed at a Congressional hearing on Thursday that former President Jair Bolsonaro wanted him to hack into the country's electronic voting system to expose its alleged weaknesses ahead of the 2022 presidential election. Walter Delgatti Neto did not provide any evidence for his claim to the parliamentary commission of inquiry. But his detailed testimony raises new allegations against the former far-right leader, investigated for his role in the Jan. 8 riots in the capital city of Brasilia. Delgatti also told lawmakers that he met in person with Bolsonaro and told the former president it was not possible for him to hack the electronic voting system. The Associated Press has reached out to Bolsonaro's lawyers who have not yet responded. Bolsonaro has denied any wrongdoings. Bolsonaro's political nemesis, leftist Luiz Incio Lula da Silva, won the Oct. 30, 2022 election with just 50.9% of the votes. According to Delgatti, Bolsonaro had wanted the attempted hack to .

India's G20 Presidency revolved around philosophy of Kutumbakam: MoS Pawar

While addressing the G20 Deputies' Meeting here today, Pawar said, "India's G20 Presidency has revolved around the philosophy of Vasudhaiva Kutumbakam-The world is one family

G20 Health Ministers meeting to start from August 17 in Gandhinagar

Delegates from 19 member countries, 10 invited states, and 22 international organisations will be participating in the meeting in Gujarat

Neymar to leave PSG! Could choose between Al Hilal and Barcelona: Reports

Neymar, who was omitted from the first squad training before the Ligue 1 opener of PSG against Lorient, has not returned to training unlike Kylian Mbappe

Bolsonaro got money from $70,000 sale of jewellery gifts, police alleges

Brazil's federal police on Friday alleged former President Jair Bolsonaro received cash from the nearly $70,000 sale of two luxury watches he received as gifts from Saudi Arabia while in office, posing another potential blow for the embattled far-right leader. Earlier in the day, officers raided the homes and offices of several people purportedly involved in the case, including a four-star army general. Bolsonaro has denied any wrongdoing involving the gifts. A Federal Police officer said the force is seeking authorisation to access the personal banking and financial information of Bolsonaro. The officer, who spoke on condition of anonymity to discuss the investigation, said the Federal Police had asked for help from the FBI. Bolsonaro's lawyers said in a statement that he would authorise Brazil's judiciary to have access to his banking records. President Bolsonaro has never embezzled or misplaced any public assets, it said. The case adds to the legal jeopardy facing Bolsonaro for

Brazil's Lula unveils $200 bn infra plan as sceptics warn on spending spree

Brazilian President Luiz Incio Lula da Silva on Friday unveiled a plan to spend 1 trillion reais (nearly $200 billion) on infrastructure, energy and transportation over the next four years, part of a larger effort to boost economic growth and employment in Latin America's largest nation. The Growth Acceleration Program, known under its Portuguese acronym PAC, has been met with scepticism from analysts and investors, who say previous, similarly ambitious programmes have included projects that never saw the light of day and opened the door to vast corruption schemes. Funding included in this year's PAC is expected to go towards infrastructure projects including new highways and ports as well as energy efficiency and urbanisation programmes in slums. More than a public investment portfolio, the new PAC is a collective compromise (...) born out of many conversations with governors and mayors," Lula said at an event in Rio de Janeiro attended by government ministers, state governors and

Bajaj Auto to set up first overseas manufacturing plant in Brazil

According to Executive Director Rakesh Sharma, the proposed plant is likely to come up in Manaus Special Economic Zone in northern Brazil and commence production in the next 12 months

India, Brazil push back against China's bid to rapidly expand BRICS

Dozens of other nations are also clamoring to join the alliance, fueling western concerns the group is moving to become a counterweight to Washington and the European Union

Sterlite Power commissions Rs 1,600 cr transmission project in Brazil

Sterlite Power on Thursday announced commissioning of its sixth transmission project in Brazil built with an investment of Rs 1,600 crore. The project, Marituba involved developing a 344-km 500kV transmission corridor connecting Brazil's largest hydropower plant at Tucuru to the metropolitan region of Belm to deliver up to 1000 MW of green energy, a company statement said. Since its foray in Brazil in 2017, Sterlite Power has built a significant footprint in the country, acquiring 13 projects through greenfield global auction process. Currently, the company has a strong portfolio of 8 power transmission projects, of which it has developed six, spanning approximately 2000 kilometre of transmission lines and 22 substations. Located in the Amazon region, it is the largest power transmission project executed by Sterlite Power Brazil.

Australia, Brazil to grow pigeon peas for Indian market to meet demand

Officials said that the IPGA will promote pigeon pea farming in Queensland with the help of the Australian trade body Pulse Australia

Kalpataru Projects International arm completes 100% acquisition of Fasttel

Kalpataru Projects International arm Kalpataru Power Do Brasil Participaes Ltda. (KPBPL) has completed the acquisition of 100 per cent equity stake in Fasttel Engenharia S.A., Brazil. Earlier in 2021, the KPBPL had acquired a 51 per cent stake in Fasttel along with management control. "The KPBPL has on 10th July, 2023 acquired balance 49 per cent equity stake in Fasttel. Accordingly, Fasttel has now become WOS (wholly owned subsidiary) of KPBPL," a BSE filing stated. The company through KPBPL has acquired the balance 49 per cent, aggregating to 9,71,090 equity shares, at a consideration of BRL 9,710.90, it informed. Fasttel was incorporated on 8th February, 1988 in Curitiba city in the state of Parana in southern part of Brazil. It is an established EPC (engineering procurement construction) player with more than three decades of presence, having footprints in almost all Brazilian states. It has developed thousands of kilometers of transmission lines up to 750 kV and substations u

After Mexico, Brazil, India signs MoU on electoral cooperation with Panama

The Election Commission and the Electoral Tribunal (ET) of Panama on Friday signed a memorandum of understanding in Panama City to establish institutional framework for their ongoing cooperation in the field of election management and administration. With this, the Election Commission (EC) has expanded its electoral collaboration with more nations. Earlier, it had signed similar MoUs with Brazil, Chile and Mexico. A three-member EC delegation led by Chief Election Commissioner (CEC) Rajiv Kumar held interactions with Presiding Magistrate, Electoral Tribunal of Panama, Alfredo Junc Wendehake, on strengthening collaboration and knowledge exchange between the two election management bodies. Eduardo Valdes Escoffery, the first vice presidential magistrate, and Luis A Guerra Morales, the second vice presidential magistrate, of the ET of Panama were also present, the poll panel said. Speaking on the occasion, CEC Kumar said that the MoU reflects the EC's ongoing commitment to engage with

Want to see expansion of UNSC permanent seats to include India, Brazil: UK

The UK has called for the expansion of the UN Security Council's permanent seats to include India, Brazil, Germany and Japan as well as African representation, underlining that it is high time the powerful UN body entered the 2020s. Permanent Representative of the United Kingdom to the United Nations and President of the Security Council for the month of July Ambassador Barbara Woodward's comments came as she briefed UN correspondents on the programme of work of the Security Council for the month. On reform of the UN Security Council, we want to see the expansion of the Council's permanent seats to include India, Brazil, Germany and Japan and African representation. It's high time the Council entered the 2020s, Woodward told reporters here on Monday. Woodward referred to remarks by British Foreign Secretary James Cleverly last week in which he announced the UK's ambition to drive forward reform of the multilateral system. Woodward said the UK's presidency of the Security Council in