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Ruble soars against the dollar

Ruble soars against the dollar

The Russian ruble has strengthened by five per cent against the US dollar over the course of 2012.

$25m investment in India 2020 Fund

$25m investment in India 2020 Fund

IFC proposes an equity investment of up to $25 million in a 'India 2020' fund.

Oil giant Petrobras finds new reserves

Oil giant Petrobras finds new reserves

Brazilian energy company Petrobras announces the discovery of “excellent quality” crude oil in a deep-water field.

Russia oil output hits post-Soviet high

Russia oil output hits post-Soviet high

Russia experiences a growth in oil production reaching a record 10.4 million barrels a day.

India foreign exchange reserves up to $296 billion

India foreign exchange reserves up to $296 billion

India’s foreign exchange (forex) reserves increased by $39.6 million to $296.57 billion in the last week of December 2012.

Tablet computer sales expected to surge in 2013

Tablet computer sales expected to surge in 2013

Leading telecommunications industry analysts are predicting that India’s tablet computer market will undergo significant growth in 2013.

China on track to become automotive powerhouse

China on track to become automotive powerhouse

China outpaces Europe in automotive sales, making it one of the world's top producers.

India’s Tata group plans global expansion

India’s Tata group plans global expansion

India's top car-maker is set to expand in Indonesia as it bids for Jaguar and Land Rover acquisition.

China manufacturing index brings New Year Cheer

China manufacturing index brings New Year Cheer

China final manufacturing PMI rises to a 19-month spurred by an expansion of production.

India records 6-month high in manufacturing growth

India records 6-month high in manufacturing growth

Growth in India's manufacturing sector improved further in December, registering the fastest pace in six months, a new HSBC survey reports.