It shows the Working, Functions and Members of BRICS, objectives, important Summit, effects, advantages, disadvantages, financial Contribution and The BRICS Bank.
It shows the Working, Functions and Members of BRICS, objectives, important Summit, effects, advantages, disadvantages, financial Contribution and The BRICS Bank.
This presentation makes you familiar with a few common-used notions such as: BRIC, MITSK, emerging markets, ...
It also contains a look at the predictions for 2050, and a focus on the Brazilian economy as well as a short topic about the "BRIC"-wall the U.S. economy is facing.
This presentation makes you familiar with a few common-used notions such as: BRIC, MITSK, emerging markets, ...
It also contains a look at the predictions for 2050, and a focus on the Brazilian economy as well as a short topic about the "BRIC"-wall the U.S. economy is facing.
India and the Indian Ocean: Certain Issues relating to Non-Traditional SecurityNilendra Kumar
Indian Ocean plays a pivotal role in the global trade and economics and its strategic significance is also steadily increasing. Certain major aspects concerning non traditional security need in depth study and adoption of corrective measures by the Indian Ocean ring countries where India has to take a lead.
Indians without Borders - The Indian diaspora can create tremendous value for...Parth Tewari
Thousands of people will gather in Delhi on 9 January 2003, to discuss the potential of a global community of Indians, to rejuvenate the bonds among overseas Indians, and to sensitize India about their issues and concerns. This is likely to be a terrific event. Yet, after the music is over and the speeches are made, after the awards are presented and friends united, there will remain the question that will only be answered one transaction at a time in the years to come: What is the economic and social basis for a sustainable partnership between India and its diaspora, and for a valuable network amongst the diaspora?
Economists believe that Indian GDP growth of 10 percent per year will require an increase in annual investment from 24 percent of GDP to 30 percent of GDP, and a doubling of labor and capital productivity. The Indian diaspora can help close India’s investment gap, raise productivity, and can also contribute in a number of other ways that make it a significant partner in India’s development. This paper lays out a framework for exploring the role of the Indian diaspora in India and independent of India.
The first chapter demonstrates that the diaspora wields commercial and social influence from its rising prosperity, its business and technical skills, its willingness to invest in India, as well as the value the network itself generates for its members. The diaspora, which is often considered a liability, a ‘Brain Drain’, is in fact a severely underutilized asset; it is a ‘Brain Trust’, to be leveraged.
The second chapter discusses how overseas Indians believe they can contribute to India’s development. They hope that India will welcome their involvement and recognize that they can be important contributors to India’s growth. The diaspora can and has already begun to partner with India in several ways: as investor, customer, supplier, ambassador, and philanthropist.
The third chapter argues that cultivating a partnership with the diaspora requires an ‘enabling environment’, i.e., creating a virtuous cycle that includes clear-headed economic, trade, and foreign policy; availability of labor, capital, technology, and business infrastructure; effective and efficient legal recourse; and demonstrable progress in quality of life. Although several efforts to develop partnerships with, and among, the diaspora are already underway, strong leaders, a win-win mindset, and sustained implementation can significantly accelerate growth.
Intellectual Property Rights In India: Patents Trademarks And Copyrights JRA & Associates
Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.
IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest, the IP system aims to foster an environment in which creativity and innovation can flourish.
Let us try and understand the basics of these intellectual property rights, how they can be applied for in India and understand how and why they are litigated so fiercely.
Brics- Brazil, Russia, India, China and South AfricaMicky Lyf
BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa.The grouping was originally known as "BRIC" before the inclusion of South Africa in 2010. The BRICS members are all developing or newly industrialised countries.
this presentation outlines the birth of BRICS,its objectives,how it benefits other African countries,its challenges and threat to the established organizations
Institutions of Economic Policy Seminar was held at Corvinus University of Budapest on 30 April 2019. The convener of the seminar was Péter Ákos Bod, the former governor of the Hungarian National Bank (1991-1994).
The focus story in this edition highlights the integrative efforts being taken by Trilateral Cooperation Forum- India, Brazil and South Africa (IBSA) and explores the opportunities for further economic cooperation.
The India, Brazil, South Africa Dialogue Forum (IBSA) connects three nations from three continents of the
developing world - India from Asia, Brazil from South America and South Africa from Africa. The trilateral
developmental initiative jointly formed by the Governments of India, Brazil and South Africa to share growth
and prosperity, promote trade and investment in the regions, and facilitate exchange of information, technology,
resources and outputs.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
2. REGIONAL ECONOMIC INTEGRATION
Agreements between group of countries within
a geographic region
To reduce & ultimately remove the tariff and
non- tariff barriers
to the free flow of the goods, Services and
Factors of production between each other
2
3. ABOUT BRICS
BRICS stands for Brazil, Russia, India, China, and
South Africa.
Jim O'Neill, chairman of Goldman Sachs Asset
Management, coined the BRIC concept in 2001.
BRICS is the international political organization of
leading emerging economies.
With the entrance of South Africa, at the 3rd BRIC’s
Summit, in April 2011, the BRIC became BRICS, with
capital "S".
3
4. ABOUT BRICS FORUM
The BRICS Forum was formed in 2011
It is an independent international organization
that works for a structured social, economic
and environmentally sustainable BRICS block.
Currently the forum is working on building
partnerships and collaborating with member
state institutions.
4
5. FOCUS OF BRICS FORUM
To establish a development bank to balance the influence of the
World Bank and IMF, as well as creating a joint foreign exchange
reserve.
Business
Competitiveness
Governance & Leadership
Science & Technology
Poverty
Private Sector & Prevention of Corruption
Investment Landscape
Innovation in building Infrastructure
Trade
Healthcare 5
6. BRAZIL
10th fastest growing economies in the last centuries.
Extremely rich in resources such as coffee, sugarcane, crude oil
and iron etc.
Focus on equitable development has resulted in significant
poverty reduction.
Textiles, chemicals , iron ore , steel and motor vehicles
industries.
Brazil today is the most popular of the BRICs so far as foreign
direct investment is concerned.
6
7. RUSSIA
Russia has capability in high-technology sectors
Accounts for around 20% of the world’s oil and gas reserves.
Fall in the number of people living below the poverty line.
Consumer market of over 140 million people.
68% of people comes under middle income group.
Highly educated workforce.
Third largest exporter of steel and aluminium
7
8. INDIA
1.2 billion people
2nd largest labour force
Holds second place followed by China in BRICS
Democratic country.
Broad knowledge economy.
8
9. CHINA
18Th fastest growing economy.
Third largest country in land size.
Biggest of all BRIC nations GDP wise.
13% of people comes under middle income group..
Holds more than $3 trillion forex reserves.
Largest exporter/ importer for 32 and 34 countries respectively.
Cheap labour work force 9
10. SOUTH AFRICA
The South African economy is now the 23rd largest in the world
Inflation is below 6.6% and falling.
25% of goods produced in South Africa are for export
Richest in terms of its mineral reserves.
10
11. POTENTIAL MEMBERS
Indonesia, Turkey, Mexico and Germany have
been mentioned as candidates for full
membership of the BRICS,
while
Egypt, Argentina, Iran, Nigeria, Syria and
most recently Bangladesh have expressed
interest in joining BRICS
11
12. SOME OF THE RECENT NEWS HEADLINES:
BRICS Finance Ministers meet held in Washington.
China becomes 1st foreign customer of Russian advanced
defense system.
China exports slump indicates slowing global growth.
Russia launches official website for the Ufa Summit,
April 1, 2015
India to buy 36 French-made Rafale jets
12
13. FEW FACTS ABOUT THE BRICS
•The BRICS countries make up 21 percent of global GDP. They have
increased their share of global GDP threefold in the past 15 years.
•The BRICS are home to 43 percent of the world's population.
•The BRICS countries have combined foreign reserves of an estimated
$4.4 trillion.
•Intra-BRICS trade flows reached $282 billion in 2012 and are
estimated to reach $500 billion by 2015. In 2002, it was $27.3 billion.
•IMF estimates of GDP per member in 2012, China $8.25 trillion, Brazil
$2.43 trillion, Russia and India at $1.95 trillion each, South Africa
$390.9 billion.
•Per capita GDP for 2012 was estimated at, China $6,094, Brazil
$12,340, Russia $13,765, India $1,592, South Africa $7,636
13
16. TARGET SECTORS FOR BRICS TRADE
Manufacturing, services and agriculture
Energy, infrastructure, mining beneficiation and
healthcare
Construction and water provision
The green economy and tourism
16
17. CHALLENGES
Development of BRICS bank
Reducing the rural/urban income gap
Maintaining macroeconomic stability
Inadequate Financial reforms
Managing Supply Chain
17
18. ADVANTAGES
India is also expected to grow faster than China after 2020
Rising incomes in the BRICs nations will create a new middle
consumer class
Featured as- “Roadmap For Contribution”
Important drivers for growth in the global economy.
Expansion of their consumer markets and the rise of
multinational companies.
the establishment of a “positive multipolarity" in international
affairs
18
19. DISADVANTAGES
Lost speed and altitude over the past two years
Chances of Intra Trade Disputes are high
Difficulties of articulating their conflicting interests
in some sort of common vision became more evident.
Different viewpoints and influence in the
international arena.
19
20. CONCLUSION
We believe the BRICS markets retain strong
characteristics that attract equity investors.
We can count here a strong economic growth,
favorable demographics, rich natural
resources, and strong finances.
The worries and uncertainty will likely continue
to create some angst in the global market,
But
we firmly believe that these markets should do
well in the long-term
20
Currently the forum is working on building partnerships and collaborating with member state institutions to provide cutting edge information for businesses and industry alike
2.BUSINESS The forum will work with business units in the member states to form effective standards for information exchange. This would facilitate better access of information and avenues of growth.
3. COMPETITIVENESS The forum will develop indicators of competitiveness specific to the BRICS nations which helps in understanding the markets better
4. GOVERNANCE N LEADERSHIP The forum will work with state units as well as private sector to develop better practices that would help the BRICS in building a sustainable bloc
5. SCINCE N TECHNOLOGY The forum has identified Science & Technology as a key area for the BRICS to focus on. With emphasis on academic network alliances between the member states, cutting edge practices in the field will be used to handle the focus areas.
6. POVERTY The forum realizes the importance of poverty reduction in the member states and will work with various private organizations and entrepreneurs to use technology to reduce poverty and increase awareness of literacy
KEY ADVANTAGES :
One of the fastest growing economies in the last centuries
Brazilian economy becoming less dependent on imports
Extremely rich in resources such as coffee, sugarcane, crude oil and iron etc.
Focus on equitable development has resulted in significant poverty reduction.
CHALLENGES FOR THE FUTURE:
Overburdened and ineffective judicial system.
Industrial output is weak
KEY ADVANTAGES:
Russia has capability in high-technology sectors
Accounts for around 20% of the world’s oil and gas reserves
Fall in the number of people living below the poverty line
Consumer market of over 140 million people
CHALLENGES FOR FUTURE
Labour shortages and poorly developed infrastructure
Corruption
KEY ADVANTAGES
1.15 billion people
2nd largest labour force
Approximately 2.5 million college graduates per year.
Democratic country.
CHALLENGES FOR THE FUTURE
Improving basic educational achievement
Improving infrastructure and electrical capacity
Expanding technology industry
KEY ADVANTAGES
Broad expansion of educational achievement
Rapid economic growth
Third largest country in land size
CHALLENGES FOR THE FUTURE
Support to rural areas and less-developed regions
Bank of China sees inflation as a bigger risk
Need to improve the investment
KEY ADVANTAGE
The South African economy is now the 23rd largest in the world
Inflation is now below 5% and falling.
25% of goods produced in South Africa are for export
CHALLENGES FOR THE FUTURE:
The economy is growing but not fast enough
Lack of skills, particularly in IT.
48% of the population is living below the poverty line
Ahead of the 7th BRICS Summit in Russia this summer, the Finance Ministers and Central Bank Governors Meeting of the BRICS was held in Washington on Thursday where the officials of the five countries took stock of the preparations for operationalizing the $100 billion BRICS New Development Bank.
The bank is set to be headquartered in Shanghai and India will appoint the first president of the Bank. It will eventually open membership to non-BRICS countries and coincides with plans for the Asian infrastructure development bank spearheaded by Beijing.
The BRICS leaders in 2014. Left to right: Putin, Modi, Rousseff, Xi and Zuma
China’s economy is driven by its exports of manufactures and central role in the global value chains; but its domestic consumption is still very limited, which creates a current account surplus for China. There is China’s currency manipulation, where the pegging of the renminbi to the US dollar gives China an unfair trade advantage by making its exports cheaper. The currency issue is and will continue to be a source of tension in the BRICS unless it is dealt with effectively. India’s economy, on the other hand, is driven by strong capital imports and, because of its flexible exchange rate olicy , it is plagued by current account deficits. Brazil and South Africa are also experiencing current account deficits.
. Emerging countries’ abilities to balance growth, inflation and global competitiveness will be a crucial factor in this. Even if their overall growth this year may be a little lower than in recent years, most of these economies are still expected to grow faster than those of developed nations.