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India budgeted 634 billion rupees ($10 billion) this fiscal year for petroleum subsidies.
Finland’s pork industry was dealt a major blow by a Russian ban on pork imports.
China's outbound investment crossed the $100-billion mark for the first time, China's Vice Commerce Minister said.
China has unveiled targeted support measures to help the most vulnerable sectors.
In the first half of 2014, 83 new funds were set up in China's venture capital market.
The RBI has been keeping the benchmark interest rate at elevated level at 8 per cent since January 2014.
The Russian Finance Ministry could get windfall by selling currency reserves owing to the ruble undervaluation.
Trade with the EU edged up 8.9 per cent year on year to 3.78 trillion yuan in 2014.
The government is aiming to sell a 5% stake in state miner Coal India, which could fetch about $1.5 billion.
World Bank President Jim Yong Kim said at the event Indian economy is likely to grow at 6.4 per cent in 2015.
