BRIC

More Powers to the Competition Commission of India

The Competition (Amendment) Bill, 2012 introduced in the Lok Sabha inter-alia, proposes to enable Competition Commission of India (CCI) to conduct search and seizure operations directly for carrying out effective investigations into unfair market practices. Giving this information in written reply to a question in the Lok Sabha, Minister Of Corporate Affairs, Shri Sachin Pilot,… Read More

Tags: BRICEuropean UnionIndiaIndia's Competition CommissionLok SabhaManmohan SinghNew DelhiSachin Pilot

Competition Commission of India and DG, Competition of the European Commission sign MOU on Cooperation in the Field of Competition Laws

Competition Commission of India (CCI) and the Directorate General for Competition of the European Commission (DG, Competition) have signed a Memorandum of Understanding on Cooperation in the Field of Competition Laws. The MoU was signed during the ongoing 3rd BRICS International Competition Conference at New Delhi today by Mr Joaquin Almunia, Vice President for Competition,… Read More

Tags: BRICCompetition lawEuropean CommissionEuropean UnionIndiaIndia's Competition CommissionMemorandum of understandingNew Delhi

Heads of Competition Authorities of BRICS sign “Delhi Accord” at the 3rd BRICS International Competition Conference

The Heads of the Competition Authorities of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People™s Republic of China and the Republic of South Africa signed a Joint Accord namely ˜DELHI ACCORD™ on November 22, 2013 during the ongoing 3rd BRICS International Competition Conference (ICC) at New Delhi. BRICS Competition… Read More

Tags: BRICBRICS Competition AuthoritiesChinaIndiaIndia's Competition CommissionNew DelhiRussiaSouth Africa

PM to inaugurate 3rd BRICS International Competition Conference 2013 on 21st November, 2013

Dr. Manmohan Singh, Hon™ble Prime Minister of India will inaugurate 3rd BRICS International Competition Conference (ICC) on Thursday, the 21st November, 2013 in a function at New Delhi.  The 2-day conference is being organised by Competition Commission of India (CCI) on behalf of BRICS countries in pursuance of the Beijing Consensus, New Delhi Declaration and Action Plan adopted at Fourth BRICS Leaders Summit… Read More

Tags: BeijingBRICEuropean UnionIndiaIndia's Competition CommissionKazanManmohan SinghNew Delhi

Proposal for setting up of new Development Bank for BRICS Countries

The BRICS - Brazil, Russia, India, China and South Africa.  There is a proposal for setting up of a new Development Bank for mobilizing resources for infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries. In March 2012, BRICS Leaders directed their Finance Ministers to consider the possibility of setting… Read More

Tags: BRICDeveloping countryDevelopment BankEmerging marketsFinance MinisterIndiaSustainable developmentWorld Bank

5th BRICS Summit – eThekwini Declaration and Action Plan

1. We, the leaders of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People`s Republic of China and the Republic of South Africa, met in Durban, South Africa, on 27 March 2013 at the Fifth BRICS Summit. Our discussions took place under the overarching theme, "BRICS and Africa: Partnership for… Read More

Tags: AfricaBankBrazilBRICDurbanInternational Monetary FundSouth AfricaWorld Bank

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