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Tuesday, May 17, 2016
BRICS May Set up Ratings Agency for Emerging Markets in October Meet
After the BRICS Bank, the five-member bloc of emerging nations is considering setting up a credit ratings firm in its efforts to challenge western hegemony in the world of finance
A contract for development work (R&D) of the Russian-Indian fighter FGFA project has been negotiated and will be signed in the coming months
Chinese investors and technology entrepreneurs are looking to invest in start-ups specialising in areas such as mobile gaming, education, healthcare, financial technology and Internet of Things (IoT) in India
Brazil’s BRICS partners, China and Russia, have called for stability in Brazil after the Brazilian Senate decided to suspend President Dilma Rousseff from office for 180 days
The MEA spokesperson said New Delhi expects the BRICS Summit will take place as scheduled despite Rousseff's suspension
The parties consider not only supplies of pipeline gas but also of LNG. Russia's gas giant Gazprom is interested in exporting LNG to India
Moscow will host a BRICS conference on October 13-14, at which participants will discuss issues of sustainable use of water resources among member states. They will also deliberate on international aspects of water usage