BRICS New Development Bank to lend $2.5 billion in 2017
The development bank set up by the BRICS group of emerging economies will ramp up lending to $2.5 billion next year after making its first loans to back green projects, its president KV Kamath told Reuters.
Oct 16, 2016, 13:16 PM IST
NPA not an issue, rate cuts to fetch Rs 2.5 trillion gains: K V Kamath
Seeking to allay fears arising from dud loans pile-up, veteran banker K V Kamath said interest rate cuts will give troubled lenders Rs 2.5 trillion boost through treasury gains that will help the system tide over troubles and also ease pressure on growth capital.
Oct 16, 2016, 12:37 PM IST
BRICS summit in Goa: As it happened
India is hosting the 8th BRICS summit in Goa on October 15-16. Here are all the LIVE updates from the event:-
Oct 16, 2016, 12:24 PM IST
PM Narendra Modi meets Bhutan PM Tshering Tobgay
Prime Minister Narendra Modi on Sunday held a bilateral meeting with his Bhutanese counterpart Tshering Tobgay ahead of the BRICS-Bimstec Outreach Summit during which the two leaders discussed the entire spectrum of bilateral relations.
Oct 16, 2016, 12:01 PM IST
Narendra Modi to host BRICS leaders amid bloc's economic woes
Indian Prime Minister Narendra Modi will host leaders of the BRICS emerging powers on Sunday at a summit seeking to boost trade ties and help overcome the bloc`s economic woes.
Oct 16, 2016, 07:43 AM IST
Kamath bats for BRICS rating agency, says Big 3 constraining growth in emerging nations
Batting for a new credit rating agency backed by BRICS group, New Development Bank president K V Kamath on Saturday said methodologies of the big three global agencies are constraining growth in emerging nations.
Oct 15, 2016, 19:01 PM IST
PM Modi says 'old friend' Russia part of India's anti-terror war; finalises 'game changer' S-400 Triumf deal
India and Russia signed 16 agreements across multiple sectors.
Oct 15, 2016, 14:06 PM IST
Chinese President Xi Jinping arrives in Goa, will hold bilateral talks with PM Narendra Modi on BRICS sidelines
Chinese President Xi Jinping arrived in Goa on Saturday to attend BRICS 2016 Summit.
Oct 15, 2016, 13:15 PM IST
Russia plans $1 billion in India joint fund, to pump $500 million in Indian infrastructure space
In a first, Moscow has agreed to pump in USD 500 million into the Indian infrastructure space, along with an equal investment by the newly formed National Infrastructure Investment Fund (NIIF), to form a USD 1 billion 'Russian Indian Investment Fund'.
Oct 15, 2016, 11:14 AM IST
Vladimir Putin's arrival in Goa delayed due to poor visibility
Russian President Vladimir Putin's arrival in Goa on Saturday to attend the BRICS Summit was delayed due to poor visibility with thick fog making it difficult for his plane to land in the coastal state.
Oct 15, 2016, 09:35 AM IST
BRICS calls for greater coordination among member nations
Finance ministers of the BRICS group called for greater coordination among the five member nations to protect their interests, an official statement said in New Delhi.
Oct 15, 2016, 00:37 AM IST
DNA: All you need to know about BRICS
Analysis of important issues that may get discussed in BRICS summit. Watch this special segment and get to know more here.
Oct 15, 2016, 00:04 AM IST
Will PM Narendra Modi convince China's Xi Jinping on India's NSG bid, Masood Azhar ban?
Chinese President Xi Jinping is arriving in Goa on Saturday to participate in the annual BRICS summit.
Oct 14, 2016, 23:00 PM IST
PM Narendra Modi to host Vladimir Putin on Saturday: Defence deals, Russia-Pakistan military ties, terrorism on agenda
India is likely to reaffirm its concerns over growing Russia-Pakistan military ties when Prime Minister Narendra Modi holds talks with Russian President Vladimir Putin.
Oct 14, 2016, 22:51 PM IST
India, Russia pact likely on Kudankulam n-plant units 5, 6
Talks between India and Russia for setting up units 5 and 6 of the Kudankulam Nuclear Power Project (KNPP) are at an advanced stage and a general framework agreement could be announced after talks between Prime Minister Narendra Modi and Russian President Vladimir Putin on the sidelines of BRICS Summit in Goa, Russian sources here said.
Oct 14, 2016, 22:08 PM IST
PM Narendra Modi to host state dinner for BRICS-BIMSTEC leaders at Leela Goa
Prime Minister Narendra Modi will host a state dinner for the visiting heads of states and government of the BRICS and BIMSTEC groups at the iconic beachside luxury hotel 'Leela Goa' on Sunday night.
Oct 14, 2016, 22:06 PM IST
Natural for terrorism to figure in Modi-Putin Goa meet: Official
Discussion on terrorism will be on the agenda when Prime Minister Narendra Modi and Russian President Vladimir Putin meet on Saturday during the 17th bilateral summit between the two countries.
Oct 14, 2016, 21:16 PM IST
PM Narendra Modi says BRICS will advance agenda for development, peace, reform
Ahead of BRICS and BIMSTEC Summits, Prime Minister Narendra Modi on Friday said he is looking forward to building bridges to new partnerships and finding common resolve and solutions to entrenched problems of the region.
Oct 14, 2016, 12:29 PM IST
PM Narendra Modi to reach Goa for BRICS, hails BIMSTEC
PM Modi said that he looked forward to useful conversations with leaders from China, South Africa, Brazil and Russia on key global and regional challenges.
Oct 14, 2016, 11:13 AM IST