A sudden stop to growth in Brazil. Rising political risk in Russia. A slide in India's rupee to a record low. A marked slowdown in growth in China.

Have big emerging markets had their day? After all,

The giant emerging economies of Asia and Latin America could stake a historic claim to global economic power if they arrive at the G20 summit in Cannes with offers of aid for hobbled Europe.

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Prime Minister Manmohan Singh arrived here today on a two-day visit during which India and Kazakhstan are expected to sign an inter-governmental framework agreement on civil nuclear cooperation.

The development banks of the five BRICS nations agreed in principle on Thursday to establish mutual credit lines denominated in their local currencies, not in dollars.

The framework pact was signed b

Concerned over the impact of developments in West Asia and North Africa, India, China, Russia, Brazil and South Africa on Thursday vowed to coordinate their positions on global political and economic

Leaders of five of the world's major emerging powers said on Thursday the use of force in Libya and the Arab world should be avoided, at a summit intended to showcase their growing global clout.

The

Meeting for the second time in four months, Prime Minister Manmohan Singh and Russian President Dmitry Medvedev on Wednesday discussed ways to push the unique bilateral strategic partnership that covers a wide range of issues, including defence, space and trade and economy.

Cautioning that the traditional sources of economic growth are under stress coupled with fresh uncertainties around the globe, Prime Minister Manmohan Singh today said that it would be to the advantag