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'Super rich in emerging economies prefer 2nd home abroad'

Last Updated: Thursday, August 13, 2015, 17:53

UHNW individuals are defined as those with at least USD 30 million (about Rs 200 crore) in assets.

No shareholding restrictions on BRICS Bank loans: Kamath

Last Updated: Sunday, July 12, 2015, 17:02

"Our aim will be that we do not see only from the point of view of the lenders, but also from the point of view of the borrowers," Kamath told PTI in an interview.

Exim Bank, BRICS member development banks ink MoU with NDB

Last Updated: Friday, July 10, 2015, 15:32

Export-Import Bank of India (Exim Bank) on Friday said it has signed a multilateral agreement to cooperate with New Development Bank (NDB) along with other member development banks of BRICS nations.

BRICS bank to start lending in local currency by April: Kamath

Last Updated: Friday, July 10, 2015, 12:26

The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member countries will primarily be the focus of credit facility, its chief and eminent banker K V Kamath said here on Friday.

BRICS bank to be operational by end of 2015: South Africa

Last Updated: Saturday, June 27, 2015, 03:48

The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said Friday.

No plans to turn BRICS into military alliance: Russia

Last Updated: Thursday, May 28, 2015, 00:13

Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday that there was no plan to turn the BRICS grouping into a military alliance.

KV Kamath to take over as BRICS Bank chief in 10 days: Govt

Last Updated: Thursday, May 14, 2015, 17:10

Eminent banker K V Kamath will take over as the first president of USD 100 billion BRICS bank in next 10 days after he resigns from various board positions he holds, Finance Secretary Rajiv Mehrishi said Thursday.

'India's investment climate better than other BRICS nations'

Last Updated: Sunday, April 19, 2015, 20:52

Though India has a better investment climate among BRICS nations, its regulatory and tax system-related challenges are impacting immediate investment plans, a survey found.

India cuts exposure to US govt securities at $77.5 bn in Oct

Last Updated: Sunday, December 21, 2014, 13:23

Apart from India, other BRICS nations -- Brazil, Russia, China and South Africa -- cut down their holdings of American government securities.

BRICS fair trade regulators to strengthen co-operation

Last Updated: Friday, November 22, 2013, 17:33

The region's competition authorities acknowledged the benefits of technical co-operation in sound and effective enforcement of such laws.

India calls for global cooperation among anti-trust regulators

Last Updated: Thursday, November 21, 2013, 15:01

India on Thursday called for greater cooperation among competition authorities from across the world, in the wake of growing number of cross-border M&A deals and possible anti-competitive practices across boundaries.

Competitive markets resilient to economic uncertainties: Pilot

Last Updated: Thursday, November 21, 2013, 12:14

The ongoing summit would discuss various issues and challenges in competition enforcement in BRICS countries and take the agenda of cooperation among the BRICS competition authorities forward from the earlier two conferences.