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      BRICS News Network
      Brazil affirms basic interest rate at 6.5 pct2019-03-21
      Brazil's Monetary Policy Committee (Copom) announced on Wednesday evening a unanimous decision to affirm the country's annual basic interest rate Selic at 6.5 percent.
      S. Africa's businesses hit by power outages2019-03-19
      While President Cyril Ramaphosa has apologized for the rolling blackouts gripping South Africa, experts said small or emerging businesses would be left devastated by the ongoing power outages.
      Brazil's M&A deal volume up 28 pct in 20182019-03-19
      Brazil's overall mergers and acquisitions (M&A) deal volume hit 177.2 billion reals (about 46.51 billion U.S. dollars) in 2018, up 28 percent from the previous year, according to a report released Monday.
      Brazil markets revise down 2019 growth forecast to 2.01 pct2019-03-19
      Brazil's financial market revised down the Gross Domestic Product (GDP) growth forecast for 2019 from 2.28 to 2.01 percent, the Central Bank of Brazil said Monday.
      India's consumer inflation rises to 2.57 pct in February2019-03-13
      India's consumer inflation measured by the Consumer Price Index (CPI) stood at a provisional 2.57 percent in February, according to official data released on Tuesday.
      Russian Central Bank expects growth to pick up in H22019-03-12
      The Russian Central Bank expects the economic growth to pick up in the second half of this year, First Deputy Governor of the Russian Central Bank Ksenia Yudayeva said Monday.
      S. Africa announces electricity price hikes2019-03-08
      The National Energy Regulator of South Africa (NERSA) said Thursday that it has approved increases of 9.41 percent, 8.1 percent and 5.22 percent in electricity prices in the next three years.
      S. Africa will not expropriate foreign investment during land reform: president2019-03-08
      The ongoing "expropriation without compensation" land reform in South Africa is no threat to foreign investors and their investments will not be taken away, President Cyril Ramaphosa said on Thursday.
      More power blackouts looming in S. Africa2019-03-07
      As the South African economy is staggering under a worsening power shortage, the country's electricity utility warned on Wednesday that more power blackouts might be on the way.
      BRICS New Development Bank to issue bonds in South Africa, commercial paper in U.S. dollar2019-03-07
      The BRICS New Development Bank will issue bonds in South Africa and commercial paper in U.S. dollars in the first half of 2019, said the bank's president, K.V. Kamath, during an exclusive interview with Xinhua.
      India targets 75 bln USD exports in gems, jewellery by 20252019-03-06
      India would achieve an export target of 75 billion U.S. dollars in gems and jewellery by 2025, Union Minister for Commerce and Industry Suresh Prabhu said on late Tuesday.
      未命名_副本.jpg North China province launches new flight to Moscow2019-03-04
      North China's Hebei Province on Sunday opened its first direct passenger flight to Russia.
      AIIB signs rural roads project worth 455 mln USD with India's southern state2019-03-01
      The Asian Infrastructure Investment Bank (AIIB) and the government of India on Thursday signed a 455-million-U.S.-dollar loan to finance a rural roads project in India's southern state of Andhra Pradesh.
      India GDP growth falls to five-quater low of 6.6 percent in Q32019-03-01
      India's gross domestic product (GDP) grew by 6.6 percent in October-December quarter, the slowest in the past five quarters, increasing chances of another interest rate cut by Reserve Bank of India to boost growth.
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