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Indian Finance Minister Palaniappan Chidambaram announced the bank during his budget speech earlier this year.
With growing number of nations challenging sovereign ratings by agencies, the credit rating market is expanding.
From January to October, the country's FDI inflow stood at $97.03 billion, up 5.77 per cent from the same period last year.
Security sources tell Lebanese networks that at least 19 people have been killed in attacks carried out by suicide bombers.
Total trade within the BRICS bloc amounted to $6.1 billion last year, representing 16.8 per cent of global trade.
International relief efforts are stepped up as the Philippine government continues to search for thousands still missing.
A market-reform strategy announced by China's leadership last week has buoyed stocks in Brazil and India.
Putin spoke to his Iranian counterpart on Monday discussing upcoming talks.
The Chinese government has so far allocated a total of 14.2 billion yuan to boost the cultural sector.
Jakarta will review its information sharing cooperation with Australia, according to the country's foreign affairs minister.
