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ECONOMIC CLOUT OF BRICS
ET Graphics: BRICS' expanding economic clout and the China-India tilt behind itBRICS economies contribute nearly half of global GDP growth over the last decade. China and India significantly drive this economic expansi...- U$, why don't you also join BRICS?Donald Trump has threatened tariffs against BRICS countries if they attempt to move away from the US dollar. Despite the bloc's growth, it ...
- New payment systems could weaken dollar dominance and spike De-dollarization: JP MorganThe signs of De-dollarization are evident in the commodities space, where energy transactions are increasingly priced in non-USD currencies...
- BRICS expansion hopefuls seek to rebalance world orderThe list of grievances is long. Abusive trade practices. Punishing sanctions regimes. Perceived neglect of the development needs of poorer ...
- Key facts about the BRICS 2023 summitThe BRICS Summit, which includes Brazil, Russia, India, China and South Africa, will be held in person for the first time since the COVID-1...
- China backs India on reforming IMF, WTOThe proposal was first moved by PM Modi in which he suggested that BRICS, a decade into existence, should try to reform the status quo in m...
- Threat from Trump trade wars gives fresh purpose to BRICS blocThe heads of the major emerging nations meet in Johannesburg from Wednesday for their first summit since Trump's administration launched a ...
- BRICS indispensable force with rising clout: Chinese mediaBRICS countries are expected to provide more solutions to gnawing global issues including terrorism and climate change through closer coord...
- Arun Jaitley to leave for 10-day tour to US, Peru on SaturdayJaitley will participate in the G-20 finance ministers meeting and BRICS finance ministers meeting on the sidelines of Fund-Bank meetings.
- Success of BRICS bank depends on how countries run their domestic economyThe BRICS New Development Bank is an attempt by five emerging markets to develop a countervailing pole, to stabilise each others' currencie...
- India Inc hails BRICS pact to set up New Development BankTerming as "historic" the pact on establishment of a New Development Bank at the BRICS Summit, India Inc today said the move was likely to ...
- BRICS members likely to have equal shareholding in new bankThe day-long summit began with a private working session which will be followed by a working lunch and a preliminary session.
- Brics countries must climb the value chain to be big brandsBric, coined in November 2001 by Jim O’Neill at Goldman Sachs, was great shorthand for economics, investment and growth for the future.
- BRICS Summit: Fear of China scuttles move for BRICS bankIndia, Russia, Brazil and South Africa seemed to fear the clout that China would enjoy if the proposal to set up a bank and move to a singl...
- Brics summit: Not just talks, but serious economic integrationBrics is showing that it is prepared to take itself seriously. It has a take on relations with Iran and Syria, which is very different from...
- BRICS refuses to side with US in showdown with IranAs India & China raised banner of revolt at US-led efforts to economically strangle Iran, they received support from Russia, South Africa &...
- To deepen relations, Brics nations should trade in their own currenciesIndia has proposed the idea of establishing a Brics bank, to mirror the two multilateral institutions, the World Bank and the IMF.
- Govt nod to raise India's quota in IMF to 2.75 pcThe Cabinet's approval to increase India's quota in the International Monetary Fund (IMF) follows Fourteenth General Review of Quotas of th...
- India ranks fifth in weilding economic clout: Kaushik Basu's studyThe Indian government is ranked fifth in wielding economic clout globally after the US, China, Japan and Germany and ahead of European powe...
- India: Delivering on economic promiseOn purchase-power parity index, India is already on the verge of overtaking Japan to become the third largest economy in the world.
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