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The move increases travel options to China from Russia's second-largest city.
Chinese factory output rose at its fastest pace in almost a year in March, says official data.
Indian drug giants which produce cheaper generic versions of the drug Glivec, tend to gain from the ruling.
AirAsia India will mark the re-entry of Tata's into the aviation space.
India's finance minister also announced further liberalisation of Foreign Institutional Investment (FII) norms last week.
A notice of over $383 million has been issued to Finnish mobile firm Nokia for alleged tax violation.
The Russian president says his country is ready to boost cooperation in the space industry, science and the hi-tech sphere.
Transnet announced last year a $32.4 billion development plan for South Africa for seven years.
A high-level delegation from Rosatom attended the BRICS Business Council meet yesterday.
South African mining magnate Patrice Motsepe has been chosen as the first chairperson of the BRICS Business Council.
