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Many failing state-owned endeavors will be shut down or merged into more efficient ones.
State-controlled Rosneft is the world's top listed oil producer by output.
Russia’s trade turnover with China is almost thrice as big as that with the US.
Russia's bases in Syria's Tartous and Khmeimim will continue their normal operations.
The centre would help China become a "maritime power", China's top court said.
Rajan is widely credited with having predicted the global financial crisis that began in 2007.
Heat waves and snowstorms have been attributed to man-made climate change.
Wang and Lavrov also slammed US plans to deploy an advanced missile system in South Korea.
On February 1, WHO had declared Zika virus a global health emergency.
Food prices, which account for one-third of the CPI calculation, soared 7.3 per cent.
