A new club for India

August 04, 2014 14:50

If there is anything recent years should have taught us, it is this: be wary of investment bankers bearing gifts. One of the most durable of such offerings -- thanks to Goldman Sachs -- is a seemingly harmless acronym: BRIC.

This was shorthand for grouping the four largest (in GDP terms) emerging market countries, Brazil, Russia, India, China, when grouping countries as "rich' and "poor' was beginning to appear vaguely antediluvian.

Thus far, as boring economic memes go, the acronym has been rather sticky but harmless. Read

« Back to LIVE

TOP STORIES

AI Express sacks 25 crew members after mass leave

The Tata Group-owned airline has also given an ultimatum to the remaining cabin crew members reporting sick to join back duty by 4 pm on Thursday or face termination, they added.

Cummins Grooves To Bollywood On Birthday

Pat Cummins, who turned 31 on Wednesday, May 8, 2024, was seen grooving to Laal Peeli Akhiyan.

Srikanth Review: Flimsy Biopic

Rajkummar Rao does the best with what he is given and he ably elevates the generic story-telling. Too bad that his performance remains the only takeaway from such an inspiring real-life story, notes Mayur Sanap.

Abhishek Sharma exciting talent for Indian cricket: Head

The destructive Travis Head has called his Sunrisers Hyderabad opening partner Abhishek Sharma an exciting talent for Indian cricket after the duo combined to pummel the Lucknow Super Giants bowling attack in a record IPL chase in...

Is India's Marble Industry Facing A Bleak Future?

'Every year, the marble industry is shrinking due to tiles. It has already decreased by 20-25 per cent in recent years.'