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Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait | Jaipur gas tanker crash: Toll touches 14, 30 critical | Arrest warrant against former cricketer Robin Uthappa over 'PF fraud'
BRICS Bank to be set up in Shanghai, first president from India

BRICS Bank to be set up in Shanghai, first president from India

Jul 16, 2014, at 04:49 pm

Fortaleaza, Brazil, Feb 16 (IBNS) Leaders of the BRICS nations meeting in Brazil has declared to set up a $100 billion development bank to be headquarterd in Shanghai and a currency reserve pool on Tuesday.