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March 28, 2013 11:43 AM

BRICS forum offers avenue for India-Africa co-operation PM

Prime Minister Manmohan Singh who met African leaders in Durban on Wednesday night, reiterated India's resolve to assist Africa and said the BRICS forum offered another avenue for cooperation. In his statement at the BRICS Leaders-Africa Dialogue Forum, the Prime Minister said initiatives like ...

March 27, 2013 9:35 PM

Durban Summit approves India's proposal to form BRICS Development Bank

The fifth BRICS Summit concluded at Durban on Wednesday with the leaders of Brazil, Russia, India, China and South Africa (BRICS) announcing the formation of a BRICS Development Bank aiming 4.5 trillion US Dollars capital formation in five years time to finance development projects. Agreement was al...

March 27, 2013 9:33 PM

PM urges BRICS nations to jointly work for tackling global economic slow down

Addressing the Plenary session of the Summit Prime Minister Manmohan Singh urged BRICS nations to jointly work towards responding to the foremost challenge of overcoming the global economic slowdown. Dr. Manmohan Singh said the impact of the financial crisis still persists and BRICS nations will con...

March 27, 2013 9:20 PM

Durban Summit approves India's proposal to form a BRICS Development Bank

The Indian proposal to form a BRICS Development Bank was endorsed by leaders of BRICS nation at the Durban Summit on Wednesday. The proposal was first mooted in last years BRICS Summit in New Delhi. Speaking on the development Finance Minister P. Chidambaram said, the big idea of BRICS Development h...

March 27, 2013 8:35 PM

Durban Summit approves India's proposal to form BRICS Development Bank

The Indian proposal to form a BRICS Development Bank was endorsed by leaders of BRICS nation at the Durban Summit on Wednesday. The proposal was first mooted in last years BRICS Summit in New Delhi. Speaking on the development Finance Minister P. Chidambaram said, the big idea of BRICS Development h...

March 27, 2013 8:34 PM

PM urges BRICS nations to jointly work for tackling global economic slow down

Prime Minister has called upon BRICS nations - Brazil, Russia, India, China and South Africa - to jointly work in overcoming the challenges of the global economic slowdown. Addressing the plenary session of the 5th BRICS Summit at Durban today, Dr. Manmohan Singh said the impact of the financial cri...

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