Narendra Modi News

The BRICS leaders: President Vladimir Putin (L), Prime Minister Narendra Modi (2L), President Dilma Rousseff, President Xi Jinping (2R), and President Jacob Zuma (R)

South Africa in the BRICS - A brave new world

Will the BRICS group and its New Development Bank (NDB), founded in 2014, challenge the West-led international order enforced by the financial institutions of the World Bank and the IMF?

President Vladimir Putin (L), Prime Minister Narendra Modi (2L), President Dilma Rousseff, President Xi Jinping (2R), and President Jacob Zuma (R) pose at the 6th BRICS summit in Fortaleza, Brazil on July 15, 2014 (AFP Photo/Nelson Almeida)

BRICS New Development Bank (NDB) to be operational by end of 2015, says South Africa's Ministry of Finance

The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said Friday.

Nigeria Strategy - H1 2015 - ARM (Report)

Nigeria Strategy - H1 2015: ARM (Report)

Global growth softened over H2 2014 as a tepid economic macro-picture across Europe and Japan combined with EM deceleration to offset robust growth in the US. Reflecting the uneven economic pattern across countries, IMF thrice downgraded global growth forecasts over H2 14.

Brazilian President Dilma Rousseff welcomes Indian Prime Minister, Narendra Modi

The BRICS alliance makes no sense at all. So what?

The leaders of the BRICS countries—Brazil, Russia, India, China, and South Africa—are meeting for their sixth annual summit in Fortaleza, Brazil (in case you were wondering what Vladimir Putin was doing at the World Cup final).

The leaders of the BRICS countries - Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chinese President Xi Jinping and South African President Jacob Zuma met in Fortaleza, Brazil on 15 July 2014

BRICS nations to create $100bn development bank

The leaders of the five BRICS countries have signed a deal to create a new $100bn (£58.3bn) development bank and emergency reserve fund.