Brazil has been in a state of political upheaval since April-May 2016. In fact, political scandals, based on allegations of corruption against politicians and state functionaries, have been building up …Read More
With the Indian government trying to fast-track reforms, India improved by 1.6 points in its overall score. India was ranked 123 in 2016 Index of Economic Freedom, released by conservative …Read More
In the wake of recent events where China has been at loggerheads with many countries in the Asia-Pacific region, reports in the state-run Chinese media have advised Asia’s largest economy …Read More
India’s Prime Minister Narendra Modi unveiled a 10-step formula for buttressing the BRICS grouping of emerging powers. The Indian leader’s proposals encompassed a wide spectrum of areas, ranging from business, …Read More
Greece is having unprecedented economic problems and so is Spain which is seeing the rise of a new party Podemos. France too is in economic trouble and Germany is facing …Read More
Fourth months after his BRICS debut in Fortaleza, Brazil, India’s Prime Minister Narendra Modi met the leaders of Brazil, Russia, China and South Africa in the picturesque Australian city of Brisbane and underlined that the repatriation of black money parked abroad, that runs into billions of dollars, was “a key priority,” and linked it to security challenges facing the world.
Mr Modi, whose government has vowed to vow bring black money kept in secret bank accounts by Indians abroad a national priority, made a strong pitch for “close coordination” on the issue during an informal meeting of the five-nation BRICS leaders on the sidelines of the BRICS summit in Brisbane November 15.
Building on the architecture of the BRICS Bank fleshed out in Fortaleza at the July 15 summit, the Indian leader said that BRICS should set 2016 as the target for the inauguration of the BRICS Bank.Read More
Indicating an upswing in India-US economic relations and growing investor confidence in the United State’ economy, India’s exposure to United States government securities reached a one-year high of $79.7 billion …Read More
The maiden meeting between India’s newly-elected Prime Minister Narendra Modi and Chinese President Xi Jinping July 14 on the sidelines of the BRICS summit in Fortaleza has set the stage for a multi-pronged acceleration of India-China ties in the days to come.Read More