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China railways set for reforms

China railways set for reforms

China's railways may soon be open to private capital investment.

Indian exports up by 4.25%

Indian exports up by 4.25%

Exporting sectors which performed well include engineering goods, textiles, pharmaceutical and chemicals.

Brazil’s billionaires on the rise- Forbes

Brazil’s billionaires on the rise- Forbes

Brazil has attracted investment and attention as the poster child for high-growth emerging economies.

ExxonMobil gives Russia 20 oil blocks in the Gulf of Mexico

ExxonMobil gives Russia 20 oil blocks in the Gulf of Mexico

The purchase gives Rosneft and its affiliates access to the world’s biggest oil and gas deposit.

BRICS Summit to set up Business Council

BRICS Summit to set up Business Council

The Durban initiative will strengthen economic ties, trade and investment between the BRICS business communities.

China to issue 4G licenses in 2013

China to issue 4G licenses in 2013

China Mobile began building a trial 4G network in 2011.

India approves $14.5mn AirAsia new carrier deal

India approves $14.5mn AirAsia new carrier deal

AirAsia will be the first foreign carrier in India's domestic aviation sector.

World Bank official sees need for BRICS bank

World Bank official sees need for BRICS bank

South Africa says a BRICS-led bank could mobilise domestic savings and co-fund infrastructure in developing regions.

Peru eyes free trade agreement with Russia

Peru eyes free trade agreement with Russia

Russia exports fertilisers, metal-roll and aircraft equipment to Peru.

Moody’s gives the Indian budget a thumbs-up

Moody’s gives the Indian budget a thumbs-up

The global credit rating agency says "fiscal consolidation could pave the way for monetary easing".