HISTORY

Sports 

  • Indian weightlifter Bharali Bedabrate clinched the men’s 67kg bronze medal at the International Weightlifting Federation (IWF) World Youth Championships in Durres, Albania.

Appointments 

    • Former Brazilian President Dilma Vana Rousseff has been elected as the new President of the New Development Bank (NDB) of BRICS.
    • NDB, also known as BRICS bank is a multilateral financial institution set up by the five BRICS countries including Brazil, Russia, India, China and South Africa.
  • About BRICS:
  • BRICS is an acronym for the grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China and South Africa.
  • The first four were initially grouped as “BRIC” in 2001.
  • South Africa was added in 2010.
  • New Development Bank (NDB) Founded: 15 July 2014
  • New Development Bank (NDB) HQ: Shanghai, China
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