Tag: New Development Bank
Posted in Economy
De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currency
For a grouping often associated with the idea of loosening the dollar’s grip on global finance, BRICS is taking a measured route, focusing less on…
Posted in Economy
BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measures
New Delhi: Finance ministers and central bank governors of BRICS countries raised concerns over unilateral trade and finance-related measures, including higher tariffs and non-tariff barriers,…
Posted in Economy
New Development Bank plans $7.5 billion funding to deepen rupee lending
New Delhi: The New Development Bank (NDB) plans to channel $7.5 billion into India over five years, stepping up local-currency financing as the BRICS lender…