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BRICS moves towards creating fund to steady market

[hindu] China will contribute $41 billion, while India will chip in with $18 billion The BRICS (Brazil, Russia, India, China and South Africa) group on Thursday made progress in the creation of a $100-billion Currency Reserve Fund (CRF) by announcing individual contribution. China will contribute $41 billion, while Brazil, Russia

Pick your favourite emission

[Hindu] The Intergovernmental Panel on Climate Change’s (IPCC) new Summary for Policymakers on the science of climate change is set to feed in to a key concern at the climate negotiations which will take place this November: should the global community prioritise the fight against the short-lived climate change gases

India markets rally as new RBI chief fuels confidence

The rupee rallied and shares surged on Thursday after India’s new central bank chief unveiled measures to support the ailing currency, providing a shot of confidence for investors unnerved by the country’s worst economic crisis in two decades. But amid the euphoria over Reserve Bank of India Governor Raghuram Rajan’s