{[name]}
{[post]}
Thursday, June 16, 2016
Brics Development Bank to Issue Bonds
The New Development Bank (NDB), established by the Brics group of emerging nations, plans to issue its first bond as a yuan-denominated issue in China, a vice-director of the bank said
Keen to send the right signals to China in the diplomatic build-up to its membership bid at the Nuclear Suppliers Group, India has relaxed key security conditions for the northern neighbour in recent months indicating that there’s a good chance Beijing could drop off India’s blacklist
Prime Minister Narendra Modi has asked Goa chief minister Laxmikant Parsekar to use the Brazil, Russia, India, China and South Africa (Brics) summit as an opportunity to showcase Goa as India’s best tourist destination
Indian Finance Minister Arun Jaitley will undertake his maiden visit to China later this month during which he will attend the first annual meeting of the Board of Governors of the Asia Infrastructure Investment Bank (AIIB) and address Chinese investors to scout for investments
The New Development Bank (NDB) and China Construction Bank Corp (CCB) announced a memorandum of understanding on strategic cooperation, focusing mainly on infrastructure funding in the five BRICS countries, besides other emerging economies
Goa government is putting in place required infrastructure and making arrangements for the eighth annual summit of BRICS, a bloc of five emerging economies, to be held in the coastal state in October
Brazil’s suspended President Dilma Rousseff has said those betting on the BRICS to disintegrate are making an “unforgivable mistake”