Courtesy: Blog do Planalto
The launch of the BRICS Universities League in Shanghai is an important effort for the five nations to understand each other and define their place in global governance
Courtesy: Legaleagle86/Wikimedia Commons
Policy Perspectives from Gateway House give an overview of a global issue that has implications for India’s policy-making and business community. This edition focuses on the global IPR framework and the need for new business models that can cater to public health concerns
Tarun Kataria, CEO, Religare Capital Markets India foresaw the decline of the rupee to the 60 mark against the U.S. dollar several months ago. He speaks to Gateway House’s Manjeet Kripalani about the impact the rupee crisis will have on the economy and consumers and how the government can reverse the situation
The Depsang incursion had the potential to stifle economic and cultural relations between India and China. Gateway House interviews Dr. Liu Youfa, Consul General, People’s Republic of China, to discuss the bilateral mechanisms that the two countries can build on and their role in a globalising world.
This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on the negotiations for a free trade agreement between the E.U. and the U.S.
Courtesy: friendsofeurope/flickr
Chinese Premier Li Keqiang’s visit to India is likely to include an empty shopping basket of opportunities that keep domestic Chinese consumers content. Mr. Li should encourage Indian companies to fill that Chinese consumer need, and additional concessions may, if handled correctly by India, be sought as a result.
In 1990, the erstwhile South Commission recommended the creation of a 'South Bank' to aid the economic emancipation of the global South. Can the BRICS bank, which was discussed in length at the 5th BRICS Summit, provide a solution to the problems of the crisis-ridden African continent? Devaki Jain blogs
Courtesy: Ministry Of External Affairs, India
Indian foreign policy has not yet addressed the ramifications of Chinese economic dominance in BRICS. Nor have we matched China’s engagement within the group to ensure that the BRICS vision of a new international order for emerging economies actually works in their favour.
Courtesy: Government/ZA/Flickr
At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains
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The fifth BRICS summit will take place from 26-27 March with South Africa - a late entrant to the grouping - playing host. Although sceptics have questioned the salience of this bloc, the group is essentially a work in progress. Expectations, therefore, must be modest and pragmatic.
