New Development Bank: Current Affairs, GK & News - 2020-2021

India-New Development Bank sign 500 million USD agreement

Published: November 19, 2020

On November 19, 2020, India and the New Development Bank signed an agreement of 500 million USD. Under the agreement, the New Development Bank is to lend the funds to implement Delhi- Ghaziabad-Meerut Regional Rapid Transit System project. The funds will be used to provide reliable, fast, safe and comfortable public transport system in the ..

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BRICS Business Forum held: Key Facts

Published: November 2, 2020

The BRICS Business Forum was held recently through video conferencing. The BRICS Business council held the forum. The council was formed in 2013 summit in Durban. Since its establishment, the primary task of BRICS Business council is to increase trade and investment among the member countries of BRICS. Highlights Russia chaired the meet as it ..

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India attends 6th BRICS Parliamentary Forum

Published: October 27, 2020

On October 27, 2020, Indian Parliamentary delegation under the leadership of Lok Sabha speaker Om Birla attended the sixth BRICS Parliamentary Forum. It was chaired by the Chairman of State Duma of the Federal Assembly of Russia. The speakers and members of other BRICS parliaments such as Brazil, China and South Africa participated in the ..

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Why is China considering to set up ‘BRICS innovation base’ on 5G?

Published: August 27, 2020

China intended to establish a BRICS innovation base for strengthening the cooperation among the five-member country bloc including India in technical sectors like 5G, Artificial Intelligence, and digital economy, industry, and information technology. Object points Consolidation of the cooperation among the members i.e. Brazil, Russia, India, China, and South Africa (BRICS). Promotion of sustainable economic ..

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Russia and Brazil to partner in production & marketing of Sputnik V vaccine

Published: August 14, 2020

BRICS partners Russia and Brazil have decided to enter into an agreement to cooperate in the production and marketing of the world’s first registered Coronavirus vaccine Sputnik V by Russia. About the Deal Russian Direct Investment Fund has stated that the agreement has been signed with the Brazilian State of Parana. As part of this ..

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