BRIC: GK, General Studies and Current Affairs

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%) followed by Italy (16.4%), Portugal (15.5%) and Ireland (11.9%). All these countries, along with Spain, ..

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 the meeting. The trade ministers of BRICS nations discussed trade facilitation, economic and technological cooperation, ..

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 Labour & Employment Ministers’ Meet for the year 2017. The meeting concluded with the adoption ..

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’. The forum gathered 50 youth representatives working as civil servants, scholars, entrepreneurs, artists and journalists ..

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 behind China). Country GII Rank Rank in Innovation Efficiency Brazil 58 38 Russia 51 43 ..