Page 28 - Brics

PM Modi calls for road map to meet $500-bn intra-BRICS trade target by 2020

PM addressed the plenary session of the meet, where he highlighted issues including trade, investment, terrorism, water management and multilateralism

BRICS nations for common payment system to reduce dollar dependence: Russia

Dmitriev said the five BRICS nations had also discussed creating a common cryptocurrency for mutual payments as the grouping was reducing the share of payments in the U.S. dollar.

BRICS Summit: India world's most investment-friendly economy, says PM Modi

Noting that India has "limitless" possibilities and "countless" opportunities, he urged the BRICS business leaders to take advantage of them

Xi to Putin, BRICS leaders rail against 'bullying' protectionism

China, Russia, India, Brazil and South Africa called for greater inter-BRICS trade and investment.

India world's most open, investment friendly economy: Modi tells BRICS bloc

India has political stability, predictable policy: Prime Minister tells business leaders.

Indian wins 'BRICS-Young Innovator Prize' for indigenous milk chilling unit

The prize was awarded to Prakash, who hails from Bihar

BRICS Summit: PM to discuss anti-terror measures with Brazil Prez, others

The BRICS countries will also look to enhance cooperation on digital economy and build mechanisms for counter-terrorism cooperation within the BRICS framework, Modi said.

PM Modi to visit Brazil on Nov 13 and 14 to attend 11th BRICS summit

Through a network of high level and working group meetings, the BRICS agenda has expanded considerably to include issues of mutual concern.

BRICS has lost relevance as economic grouping, says Standard & Poor's

The better-than-projected economic performance of China and India over the past two decades contrasts with disappointing results in Brazil, Russia, and South Africa

Good news for Indian travellers: Soon, no need for visas to enter Brazil

Both India and China are part of BRICS - an association of five major emerging national economies including Brazil, Russia and South Africa

PM Modi meets Vladimir Putin; stresses on stronger India-Russia relations

PM Modi meets President Putin; discusses issues of mutual interests

BRICS bank plans to tap Indian Rupee offshore market to raise capital

The Shanghai-based NDB - floated by Brazil, Russia, India, China and South Africa (BRICS) - is headed by renowned Indian banker K V Kamath

BRICS calls on states to prevent terrorist actions from their territories

The leaders of the five nations pledged to strive to promote international anti-corruption cooperation and strengthening of legal frameworks

BRICS leaders call for transparent, inclusive international trade

The leaders reiterated their commitment to working together to strengthen multi-lateralism and promote a fair, just, equitable, democratic and representative international order

Indian banks' profitability weaker than BRICS peers, says Moody's report

Moody's says the system, as a whole, is unprofitable due to high credit costs at dominant state-owned banks

Cabinet approves BRICS MoU for joint cooperation in social, labour sphere

The MoU was signed on August 3, 2018, during BRICS Labour and Employment Ministers (LEM) meeting held under the South African Presidency in Durban, South Africa

India gives ex-post facto nod to BRICS' pact on environmental cooperation

The MoU identifies various areas of cooperation, including air quality, water, biodiversity, climate change and waste management

BRICS nations call for 'open' global trade, pledge unity against trade war

The nations also called on all WTO members to abide by WTO rules and honour their commitments in the multilateral trading system

Indian exports to BRICS grow 7.5% in Q1 2018 in terms of total volume

The growth for BRICS, led by India and followed by China was due to their growing exports to the world at 13 per cent and 5 per cent year-on-year respectively

Time's ripe for an independent BRICS credit rating agency: S C Garg

India has pressed the BRICS nations to set up an independent rating agency of the five-member group. The first meeting of the BRICS Finance Ministers and Central Bank Governors was held on the sidelines of the IMF/World Bank Spring Meetings yesterday. Representing India in the meeting of the 5 nation bloc, Economic Affairs Secretary Subhash Chandra Garg sought the support of the Presidency in building consensus amongst the BRICS membership on the BRICS Rating Agency proposal. "He requested the Presidency to receive and take forward the report to be submitted by expert group set up under the aegis of BRICS Business Council to study the feasibility of the BRICS Rating Agency," the finance ministry said in statement. India had first mooted the idea of having such an agency for the BRICS (Brazil, Russia, India, China, South Africa) grouping to can solve impediments for the emerging market economies posed by the present credit rating agency market that is dominated by S&P, Moody's and .