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BANKING LINKAGES BRICS
BRICS can boost local-currency trade with deeper financial markets, stronger banking links: ExpertsBRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transact...- India's BRICS play may have a payment plan with no hard cashIndia is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...
- Ahead of BRICS, Congress recalls 2012 summit where former PM Manmohan Singh proposed development bankCongress highlighted BRICS' origins and India's 2012 summit hosting. Then Prime Minister Manmohan Singh proposed the BRICS Development Bank...
- India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...
- Finance Minister to leave for 8-day official trip to Canada, US; focus on deepening bilateral tiesFinance Minister Nirmala Sitharaman will visit Canada and the United States for economic discussions. She will participate in the G20 Finan...
- RBI proposes linking BRICS' digital currencies, sources sayIndia's central bank has proposed linking BRICS nations' digital currencies to facilitate cross-border trade and tourism payments, potentia...
- India's central bank proposes linking BRICS' digital currenciesIndia will host the summit, which will be held later this year. If the recommendation is accepted, a proposal to link the digital currencie...
- PM Modi holds talks with S African President Ramaphosa, discusses cooperation in trade, critical mineralsAt the G20 Summit, Prime Minister Narendra Modi engaged in a fruitful dialogue with South African President Cyril Ramaphosa. Their agenda r...
- PM Modi and Bangladesh PM Sheikh Hasina agree to expand cross-border connectivity, tradeOn Friday, Prime Minister Narendra Modi and his counterpart from Bangladesh, Sheikh Hasina, had a wide ranging discussion about how to impr...
- The shift in the China-Russia power balance sharpen post-Dokalam challenges for IndiaAlthough Modi assured Xi last month that India will contribute positively to the BRICS, the forum has been conceptually debased already by ...
- India's consumption growth de-risks it from global uncertainty: KV KamathKamath, who was here for the World Economic Forum Annual Meeting last week, also said that the demonetisation move in India would have only...
- BRICS to advance agenda for development, peace, reform: PM Narendra ModiThe Prime Minister noted that India is facilitating an outreach Summit with the Bay of Bengal Initiative for Multi-Sectoral Technical and E...
- BRICS Bank to begin funding of projects from April: KamathThe bank was expected to finalise 10 to 15 projects during this financial year, he said. "We will do a full plate of projects in the next 9...
- PM Narendra Modi to visit Russia, Central Asian countries next weekPM Modi will travel from July 6 to 13 to five Central Asian countries as also Russia where he will attend the summits of BRICS and SCO.
- How India can benefit from an east-west railway corridor across NepalThe bottom line is that a prestige project like the east-west rail link across Nepal would do infrastructure in India a world of good.
- China's interest in India's infrastructure is both an opportunity and a challengeWe face a considerable pressure from China. The events in Pakistan & Afghanistan are creating an uncertain environment that could be exploi...
- China, India driving force behind BRICSChina and India should establish a closer partnership of development to promote more integration of market, says Chinese Ambassador to Indi...
- BRICS is also significant for Indo-China tiesThe Chinese Ambassador believes BRICS will be an important event since the Chinese President and Indian Prime Minister will be meeting for ...
- London administration and Indian government can work together to raise infrastructure financeThe City of London and Indian government and corporates can work together to raise much-needed infrastructure finance.
- India may become first BRIC nation to lose its investment grade, warns Standard & Poor’sRating agency Standard & Poor's has warned that India is poised to earn the unwanted distinction of becoming the first BRIC nation that may...
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