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As money leaves Russian stocks, China, other BRICS benefit

Last Updated: Wednesday, August 13, 2014, 00:16

With the threat of further Western economic sanctions hanging over Russia, foreign investors are deserting Moscow`s equity markets and funnelling cash into other BRICS states, with China a standout beneficiary.

BRICS to create development bank, `mini-IMF`

Last Updated: Tuesday, July 15, 2014, 15:12

Leaders of the BRICS group of emerging powers meet Tuesday to launch a new development bank and a reserve fund seen as counterweights to Western-led financial institutions.

BRICS nations commit to refrain from protectionist measures

Last Updated: Tuesday, July 15, 2014, 14:04

BRICS nations, including India, on Tuesday expressed commitment to refrain from taking any protectionist measures and improve policy coordination to enhance trade and investment.

Negotiations to launch new BRICS bank hit snag: Source

Last Updated: Tuesday, July 15, 2014, 09:41

Negotiations have stalled for now on a dispute between China, India and South Africa over who will host the bank.

As BRICS economies grow up, 10 upstarts emerge: Report

Last Updated: Tuesday, March 25, 2014, 23:12

Indonesia, Bangladesh and Ethiopia are among 10 countries set to take over as emerging economies from the powerful BRICS nations as they struggle with growing pains, a French credit body said on Tuesday.

BRICS fair trade regulators to strengthen co-operation

Last Updated: Friday, November 22, 2013, 17:33

The region's competition authorities acknowledged the benefits of technical co-operation in sound and effective enforcement of such laws.

India calls for global cooperation among anti-trust regulators

Last Updated: Thursday, November 21, 2013, 15:01

India on Thursday called for greater cooperation among competition authorities from across the world, in the wake of growing number of cross-border M&A deals and possible anti-competitive practices across boundaries.

Competitive markets resilient to economic uncertainties: Pilot

Last Updated: Thursday, November 21, 2013, 12:14

The ongoing summit would discuss various issues and challenges in competition enforcement in BRICS countries and take the agenda of cooperation among the BRICS competition authorities forward from the earlier two conferences.

PM to inaugurate BRICS conference on competition on Thursday

Last Updated: Wednesday, November 20, 2013, 19:54

The two-day conference is being organised by Competition Commission of India (CCI) on behalf of BRICS (Brazil, Russia, India, China, South Africa) countries in the national capital.

BRICS countries weathered global crisis well: India

Last Updated: Thursday, October 31, 2013, 18:47

India said on Thursday said BRICS nations have demonstrated economic resilience by weathering the global financial crisis rather well and are expected to play central role in post-crisis global economy.

India, Russia agree on BRICS economic cooperation strategy

Last Updated: Tuesday, October 22, 2013, 21:56

India has agreed to consider a Russian proposal aimed at developing multilateral economic cooperation within the BRICS grouping.

BRICS can set up mechanism for trade in local currency: Davies

Last Updated: Sunday, October 06, 2013, 12:18

Faced with currency volatility, BRICS, a grouping of major developing economies, including India, can work out a mechanism to settle trade in local currencies, South African Trade Minister Rob Davies has said.