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The World Bank has offered to share expertise with the new BRICS Bank.
South Africa emphasises on the need to achieve African integration to create large trading blocks across the continent.
Brazilian President Dilma Rousseff is going to meet with her BRICS counterparts in Durban.
Moscow has said it is worried over Cypriot authorities’ plans to force losses on the holders of accounts at local banks.
BRICS finance ministers will be meeting today to work out the modalities of setting up the ‘BRICS Bank’.
The Brics Bank should primarily be developmental in character, the Second Brics Trade Union Forum says.
The internet could contribute to 3.3 per cent of India’s GDP by 2015.
China attracted a total of $111.72 billion in foreign direct investment (FDI) last year.
India's petroleum minister pointed out how shale gas exploration in six years had transformed the energy scenario in the US.