Page-20 of BRICS
1st meeting of BRICS Working Group on Energy Saving and Energy Efficiency begins in Visakhapatnam
The first meeting of the BRICS Working Group on Energy Saving and Energy Efficiency began in Visakhapatnam, Andhra Pradesh. The two day conference will be attended by all 5 member BRICS (Brazil, Russia, India, China and South Africa) countries. India ..
Month: Current Affairs - July, 2016
BRICS bank to issue first Yuan-denominated bonds
The New Development Bank (NDB) of the BRICS countries is set to issue its first yuan-denominated bonds to finance sustainable development projects. The NDB’s first five-year yuan-denominated bonds (or green bonds) will be issued after receiving a rating from international ..
Month: Current Affairs - June, 2016
ICICI Bank signs MoU with BRICS’s New Development Bank
India’s largest private sector lender ICICI Bank has inked a MoU with the BRICS Grouping-promoted New Development Bank (NDB) for a partnership in bond issuances, co-financing, treasury management and human resources. With this ICICI Bank becomes first financial institution in ..
Month: Current Affairs - May, 2016
BRICS New Development Bank approves first loans for renewable energy projects
The BRICS New Development Bank (NDB) has approved its first package of loans worth 811 million dollars for four renewable energy projects in Brazil, China, South Africa and India. The decision to approve the first loans was approved by the ..
Month: Current Affairs - April, 2016
India assumes BRICS Chairmanship from Russia for 2016
India has assumed BRICS Chairmanship from the Russian Federation for the year 2016. BRICS is an association of five countries viz. Brazil, Russia, India, China and South Africa. On this occasion, Union External Affairs Minister Sushma Swaraj formally unveiled the ..
Month: Current Affairs - March, 2016
India to host BRICS Friendship Cities Conclave
India is going to host BRICS Friendship Cities Conclave in Mumbai (Maharashtra), financial capital of India from April 14 to 16, 2016. It will be attended by the top Urban Policy makers and Planners from BRICS Nations viz. Brazil, Russia, ..