BRICS: GK, Current Affairs, Questions, Trivia and News

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 followed by South Korea, Germany, Switzerland, China, Czech Republic, the US, Sweden, Austria and Ireland. ..

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, ..

Xiamen is hosting 9th edition of BRICS summit-2017

The 9th edition of BRICS summit-2017 has started at Xiamen in the Fujian Province of east China on September 3, 2017 with theme “BRICS: Stronger Partnership for a Brighter Future”. For this, Prime Minister Narendra Modi has embarked on a two nation tour of China and Myanmar. On the first leg of his visit, Mr. ..

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’s commitment prompts BRICS to aid Euro zone

India’s promise to inject $10 billion into the International Monetary Fund (IMF) triggered other BRICS member nations to pledge various amounts for bailing out Euro zone.  At the G-20 meet, albeit Chinese President Hu Jintao had already spoken before Prime Minister Manmohan Singh, it was only after Singh concluded his speech, Jintao again stood up ..

India need not transfer $10 bn into IMF right away

India may not be required to infuse $10 billion (Rs 55,000 crore) it promised at the G20 to the International Monetary Fund (IMF) for bailing out debt-trapped Euro zone if the global economic situation gets better The amount to be transferred will be completely liquid and will remain part of our reserves as the IMF ..