BRICS News Network
Brazil registers highest primary surplus in 24 years2020-02-28
Brazil's primary surplus in January has climbed to 44.1 billion reals (9.8 billion U.S. dollars), a 41-percent year-on-year growth and the highest in 24 years, said the Treasury Secretariat on Thursday.
Brazil's financial experts downgrade 2020 growth forecast to 2.2 pct2020-02-27
Brazilian financial analysts have downgraded their economic growth forecast for 2020 from 2.23 percent to 2.2 percent, Brazil's central bank said Wednesday.
High-tech bilateral projects signal deeper Brazil-China cooperation2020-02-22
Brazilian and Chinese scientists are collaborating closely on a variety of projects -- from the rice fields in Brazil's southern Rio Grande do Sul state to satelites monitoring the Amazon rainforest -- which shows that the two countries have embarked on a new phase of deeper cooperation, said experts.
Brazil's unemployment rate falls to 11.9 pct in 20192020-02-01
Brazil's average unemployment rate fell to 11.9 percent in 2019, below 2018's 12.3 percent, the Brazilian state-run statistics agency Institute of Geography and Statistics (IBGE) said Friday.
Brazil's social security deficit up 10 percent in 20192020-01-31
Brazil's National Treasury Secretariat said Thursday that the South American country had a record social security deficit worth some 75 billion U.S. dollars in 2019, up 10 percent year-on-year.
Brazil in 2019 registers highest creation of formal jobs since 20132020-01-25
Brazil closed 2019 with the creation of 644,079 new jobs in the formal sector, the highest number since 2013, according to data released Friday by the General Registry of Employed and Unemployed Persons (Caged).
Brazil to open gov't purchasing to foreign firms2020-01-22
Brazil will open government purchasing to foreign firms as a way of combating corruption, a top official said on Tuesday.
India's retail inflation rises to 65-month high in December 20192020-01-14
India's consumer price index (CPI) in December rose to 7.35 percent, the worst since July 2014 as per the data released by the government late Monday.
Brazil's vehicle production up 2 pct in 20192020-01-08
Brazil's vehicle production increased by 2 percent in 2019, reaching 2.94 million units, the country's Association of Motor Vehicle Manufacturers (Anfavea) announced on Tuesday.
XCMG gets nod for fully-owned bank in Brazil2020-01-08
Chinese construction machinery maker Xuzhou Construction Machinery Group (XCMG) has got the necessary approvals to set up a fully-owned overseas bank in Brazil during the first quarter of this year, according to a top company official.
Indian gov't to give 5G spectrum for trails to all telecom players2019-12-31
The Indian government has decided to allocate spectrum to all telecom operators and equipment makers for the upcoming 5G trials in the country, officials said Tuesday.
Brazilian analysts predict economic growth of 2.3 pct in 20202019-12-31
Brazilian financial analysts elevated projections for the growth of the country's gross domestic product (GDP) in 2020 from 2.28 to 2.30 percent, the Central Bank announced on Monday.
2019, a year of slowdown for Indian economy2019-12-30
India has seen a economic slowdown in 2019, with the country's real estate, automobile, construction sectors and overall consumption demand facing a serious and constant decline.
Vivo to spend $570m for second plant in India2019-12-25
Vivo is investing 4 billion yuan ($571 million) to set up a second manufacturing plant in India, which is likely to double its local factory employee head count to about 20,000 in the next five years, as the Chinese tech company eyes a bigger presence in the world's second-largest smartphone market.
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