New Development Bank (NDB) approves loan to Madhya Pradesh for infrastructure projects

The New Development Bank (NDB) of the BRICS countries has approved a $525-million loan to Madhya Pradesh for infrastructure projects. The loan will be used by the Indian government for on-lending to the Madhya Pradesh government for rehabilitating major district ..

South Africa hosts 10th edition of BRICS Summit 2018

South Africa is hosting the 10th edition of BRICS Summit 2018 in Johannesburg on July 25 with theme “BRICS in Africa – collaboration for inclusive growth and shared prosperity in the 4th industrial revolution”. In it, the heads of the ..

South Africa hosts 2018 BRICS Foreign Ministers’ meeting

The BRICS Foreign Ministers’ meeting has started in the South African city of Johannesburg on June 4, 2018. The meeting is expected to lay the foundation for 2018 annual summit of the grouping which will also be held in Johannesburg. ..

Subhash Chandra Garg represents India in first meeting of BRICS Finance Ministers and Central Bank Governors

The first meeting of the BRICS Finance Ministers and Central Bank Governors was held on the sidelines of the IMF/World Bank Spring Meetings in Washington D.C on 19th April, 2018. The Government of India (GoI) was represented in the meeting ..

Month: Current Affairs - April, 2018

World Economic Forum (WEF)’s Global Manufacturing Index (GMI)

The World Economic Forum (WEF) has ranked India at 30th position on a Global Manufacturing Index (GMI). In its first “Readiness for the future of production” report, Japan has been found to have the best structure of production and is ..

India ranked 5th on a list of countries with highest Non-performing Assets (NPA) levels

India has been ranked 5th on a list of countries with highest Non-performing Assets (NPA) levels and is on top spot among the BRICS nations, according to latest report by CARE Ratings. The NPA list is topped by Greece (36.4%) ..

Shanghai hosted 2017 meeting of BRICS Trade Ministers

The 7th Meeting of BRICS Trade Ministers was held in Shanghai, China from August, 1-2, 2017. From India, the 6-member delegation led by Commerce and Industry Minister Nirmala Sitharaman , along with Ambassador J.S. Deepak, PR to WTO participated in ..

Bandaru Dattatreya leds Indian delegation at 2017 BRICS Labour & Employment Ministers’ Meet

Indian delegation led by Bandaru Dattatreya, the Minister of State (Independent Charge) for Labour & Employment, participated in the BRICS Labour & Employment Ministers’ Meet, held on July 26-27, 2017 at Chonqging, China. China is the chair for the BRICS ..

China hosts 2017 BRICS Youth Forum (BYF)

The 2017 BRICS Youth Forum (BYF) has started in Beijing, China on July 25, 2017 to discuss the development of the youth in the countries of the grouping. The theme of 3-day forum is ‘Enhance BRICS Partnership, Promote Youth Development’. ..

India drops to 64th position on Global Innovation Index

India dropped in the Global Innovation Index (GII) ranking of 2012 to 64th position from 62nd in 2011. Lowest among the BRICS nations in the 2012 GII. Nonetheless, the nation ameliorated its position in innovation efficiency from 9th position (just ..

Month: Current Affairs - July, 2012