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World Bank Group commits $18 bn loan to India in three years

Jul 23, 2014

World Bank Group commits $18 bn loan to India in three years

India is the largest client for the World Bank Group. India received $5.2 billion loan last fiscal. In the past three years, India had received about $9.8 billion loan from the Workd Bank Group. #ThisisNext #Jim Yong Kim #World Bank Group #International Finance Corporation
Tax proceedings against Swiss account holders have started: Jaitley

Jul 18, 2014

Tax proceedings against Swiss account holders have started: Jaitley

Tax proceedings have begun against Swiss bank account holders, Finance Minister Arun Jaitley told the Lok Sabha on Friday. #Finance minister #NewsTracker #Arun Jaitley #Arun Jaitley Finance Minister #Tax proceedings #Swiss bank account holders #Swiss Bank holders
BRICS: PM Modi turns in a star performance on global stage

Jul 17, 2014

BRICS: PM Modi turns in a star performance on global stage

Despite the gaffes in scheduling meetings, Modi has emerged from the BRICS summit having made a mark for himself, his own personal style statement and his individualistic stamp on foreign policy. #India #Brazil #PoliticsDecoder #BRICs #Vladimir Putin #Xi Jinping #Prime Minister Narendra Modi #New Development Bank #Fortaleza Declaration
Modi vows to strengthen ties with South America using BRICS as platform

Jul 17, 2014

Modi vows to strengthen ties with South America using BRICS as platform

Modi said that India's trade with South America, has shown strong growth in recent years but was still well below potential #World #India #Narendra Modi #Brazil #BRICs #TheySaidIt #Dilma Rousseff #BRICS Development Bank #MERCOSUR
IMF welcomes setting up of new BRICS development bank

Jul 17, 2014

IMF welcomes setting up of new BRICS development bank

The International Monetary Fund has welcomed the move to set up a new BRICS development bank stating that it is ready to work with the Bank's leadership. #India #China #IMF #Brazil #diplomacy #NewsTracker #Russia #International Monetary Fund #BRICs #South Africa #BRICS summit 2014 #IMF Reforms 2010 #BRICS development banks
Why the BRICS development bank trumps World Bank

Jul 17, 2014

Why the BRICS development bank trumps World Bank

The real achievement of the BRICS bank is that the structure of governance for the bank is based on the principle of "one country, one vote." #Politics #World #India #China #World Bank #Narendra Modi #Brazil #Russia #InMyOpinion #BRICs #South Africa #West #BRICS Development Bank #one country one vote
Chidambaram welcomes move to establish $100 bn BRICS bank

Jul 16, 2014

Chidambaram welcomes move to establish $100 bn BRICS bank

Finance Minister of the BRICS countries had also worked on the idea at various deliberations on the sidelines of the Fund-Bank and G-20 meetings, he said. #P. Chidambaram #Angela Merkel #BRICs #TheySaidIt #Vladimir Putin #Xi Jinping #Brasilia #Indo-Russian relations #Prime Minister Narendra Modi #BRICS Development Bank #Fortaleza
BRICS bank important in current political, economic uncertainty: Modi

Jul 16, 2014

BRICS bank important in current political, economic uncertainty: Modi

Indian Prime Minister Narendra Modi on Tuesday said an open international trading regime is critical for global economic growth. #Politics #India #China #Narendra Modi #Brazil #Russia #BRICs #TheySaidIt #South Africa #Vladimir Putin #Xi Jinping #BRICS Summit #PM Modi #BRICS Development Bank #Fortaleza
All 5 BRICS countries likely to have equal shareholding in proposed bank

Jul 15, 2014

All 5 BRICS countries likely to have equal shareholding in proposed bank

The BRICS Summit, Prime Minister Narendra Modi's first multilateral engagement, commenced here today amid an understanding that the 5-member nations will have equal shareholding in the proposed USD 50 billion BRICS Development Bank which India had been strongly pressing for. #World #India #Brazil #NewsTracker #BRICs #Modi #BRICS Development Bank