Jagaddhatri festival in Chandannagar is mainly due to the collaborative conception between the French and Bengalis. Remarkable feature remaining its procession, second largest in the world after Rio de Janeiro's, with its magnificent lightings Jagaddhatri figures in the semi-historical fictional work 'Anandamath' written by Bankim Chandra Chatterjee, from which book the national song of India "Vande Mataram" is taken. In the novel, Kali, Durga and Jagaddhatri are depicted as three aspects of 'Bharat Mata' (Mother India) - Jagaddhatri as the mother used to be, Kali as the mother now is, Durga as the mother will be in future. The trio of
BRIC closed down its BRIC fund after lost 88 percent of its asset value since 2010 and put the fund in emerging markets countries. Historically, Jim O'Neill who coined the term of BRIC was the former chief economist of Goldman Sachs. The head of emerging markets for Morgan Stanley Investment Management, Ruchir Sharma has released a book in 2012: "Breakout Nations" which mentioned that it is hard to sustain rapid growth for more than a decade. Based on a March 2011 "Forbes" report, the BRIC countries counted 301 billionaires among their combined populations, exceeding the number of billionaires in Europe, which