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The Russian ruble has strengthened by five per cent against the US dollar over the course of 2012.
IFC proposes an equity investment of up to $25 million in a 'India 2020' fund.
Brazilian energy company Petrobras announces the discovery of “excellent quality” crude oil in a deep-water field.
Russia experiences a growth in oil production reaching a record 10.4 million barrels a day.
India’s foreign exchange (forex) reserves increased by $39.6 million to $296.57 billion in the last week of December 2012.
Leading telecommunications industry analysts are predicting that India’s tablet computer market will undergo significant growth in 2013.
China outpaces Europe in automotive sales, making it one of the world's top producers.
India's top car-maker is set to expand in Indonesia as it bids for Jaguar and Land Rover acquisition.
China final manufacturing PMI rises to a 19-month spurred by an expansion of production.
Growth in India's manufacturing sector improved further in December, registering the fastest pace in six months, a new HSBC survey reports.