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  ‘Demonetisation’ likely to fetch government Rs 2.5 lakh crore, says BRICS bank chief

  December 13, 2016 21:45 IST

  BRICS bank President M V Kamath has said that Prime Minister Narendra Modi’s decision to demonetise Rs 100 and Rs 500 notes is likely to fetch the Indian government around Rs 2.5 lakh crore.

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  BRICS bank opens for business in China

  July 21, 2015 11:10 IST

  Shanghai: The New Development Bank (NDB) floated by the BRICS nations, including India, to step up infrastructure funding in the emerging economies formally started its operations at its headquarters here today. Chinese Finance Minister Lou Jiwei,

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  Arun Jaitley to attend inaugural meet of BRICS bank at Moscow

  July 05, 2015 21:52 IST

  New Delhi:  Finance Minister Arun Jaitley is leaving for Russia on Monday evening to participate in the inaugural meeting of the BRICS-backed New Development Bank.During the four-day visit, he will also be participating at the

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  KV Kamath appointed as the first chief of BRICS Bank

  May 11, 2015 14:03 IST

  New Delhi: Eminent banker K V Kamath was today appointed as head of the USD 50 billion New Development Bank being set up by the five emerging economies of BRICS grouping.Kamath will have a five

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  Cabinet nod to BRICS bank for contingency fund, development projects

  February 25, 2015 21:33 IST

  New Delhi: Union Cabinet today cleared the creation of the proposed 5-nation BRICS bank that will mobilise resources for infrastructure projects and provide short-term liquidity to emerging economies in case of payment crisis.The proposal was

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  Modi makes strong pitch for operationalisation of BRICS bank

  World | November 15, 2014 16:52 IST

  Brisbane: Making a strong pitch for speeding up the creation of a BRICS development bank, Prime Minister Narendra Modi today said India hopes to ratify the agreement over the financial institution by year-end and 2016

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  Confident of BJP coming to power in Maharashtra: Naidu

  Politics | October 11, 2014 21:14 IST

  Mumbai: Union Urban Development Minister Venkaiah Naidu today expressed confidence that BJP will form government in Maharashtra after the October 15 polls.  “All surveys, opinion polls and huge crowds cheering for PM's rallies all over

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  BRICS bank not against IMF: Brazilian president

  World | July 17, 2014 9:21 IST

  Brasilia: Brazilian President Dilma Rousseff said on Wednesday that the development bank to be set up by the emerging-market bloc of BRICS is not against the International Monetary Fund (IMF)."We don't have the slightest interest

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  BRICS bank to benefit developing countries: Brazilian president

  July 15, 2014 23:09 IST

  Fortaleza (Brazil): Brazilian President Dilma Rousseff Tuesday expressed confidence that the expected creation of a BRICS development bank and a reserve fund would benefit developing countries.Rousseff made the remarks when she left her hotel in