The theme for the BRICS Summit 2024 is Emerging Technologies and Sustainable Development. The BRICS summit in Kazan is likely to strengthen Economic Cooperation, Reforming Global Financial Systems, boost trade, and sustainable development in the fields of technology, health, green energy education, environment protection, food for all, a proactive approach to Security and Counter-Terrorism mechanism, South-South Cooperation and Expanding Influence in Global South and overall cooperation among all member countries to ensure overall development of humanity and establishing a more equitable and fair world.
The concept of the BRICS was formulated by Chief Economist at Goldman Sachs, Jim O'Neill in a 2001 study entitled "Building Better Global Economic BRICS". Based on this popular concept, a block of countries comprising Brazil, Russia, India, and China was founded in 2001. However, South Africa joined BRICS in 2010. (BRICS the Acronym of the first letter of all countries). The functionary of BRICS evolves upon three pillars of cooperation Security, economy, finance, culture, and people-to-people exchange with equality among all.
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Gold jewellery consumption projected to grow 14-18%, says report
The domestic gold jewellery industry is set to maintain its growth momentum in FY2025, with consumption projected to grow by 14-18 per cent in value terms, according to a report by ICRA.
Pharma and healthcare sectors are poised for long-term growth: Report
The recent policy initiatives taken by the government of India will boost Indian Pharma and healthcare sectors in the long run, says a report by Centrum post a three-day roadshow with pharma and healthcare experts.
SEBI overhauls regulatory framework for investment advisers, research analysts
Relaxing the minimum qualification requirements for individuals associated with investment advice or research services, Sebi said that now graduates can become certified IA/RA.
CBIC launches initiatives to enhance taxpayer services
The Central Board of Indirect Taxes and Customs (CBIC) has launched a series of initiatives that aim to improve taxpayer experience and enhance transparency, the Ministry of Finance said in a release on Tuesday.
'Infra Readiness Index paves the way for development'
Highlighting the achievements of the National Infrastructure Readiness Index (NIRI), the Finance Ministry on Tuesday stated that it has paved the way for infrastructure development.
BD Software draws up expansion plans
BD Software Distribution (BD Software), one of the leading IT security distributors offering industry-leading consumer, SMB & enterprise-level solutions, has drawn up expansion plans.
CBSE complaints against 2 Delhi schools for 'forgery'
The CBSE board filed a police complaint at the Preet Vihar Police Station on Tuesday, seeking legal action against Manava Bhawna Public School and Sat Saheb Public School.
Brace for likely delay in metro services for 10 days
The Delhi Metro train services will remain affected between Jahangirpuri and Samaypur Badli stations for over ten days from Wednesday, the DMRC said.
Fire at factory in Bawana Industrial Area, none injured
A massive fire broke out in a factory at N-63 Sector-1 Bawana Industrial area in New Delhi on Tuesday morning, fire department officials said.
Cops destroy illegal drugs worth Rs 1,682 cr
Delhi Police on Tuesday destroyed over 10,600 kilograms of illegal drugs at Biotic Waste Solutions, valued at more than Rs 1,600 crore in the international market, officials said.
