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Gazprom mulls issuing bonds in offshore yuan

Gazprom mulls issuing bonds in offshore yuan

A Gazprom official noted that Chinese commercial banks may syndicate loans for Gazprom’s corporate purposes.

Indian PM rules out privatisation of railways

Indian PM rules out privatisation of railways

The railways cost the government around $5 billion a year in subsidies and spend 94 per cent of revenues on operating costs.

China to relax rules for foreign companies in FTZs

China to relax rules for foreign companies in FTZs

China will create three new free trade zones modelled on one established a year ago in Shanghai.

Russia makes progress in quelling financial crisis: Minister

Russia makes progress in quelling financial crisis: Minister

The ruble has seen a 47 per cent rebound since it plunged to a record-low 80.10 per dollar on December 16.

India’s Reliance signs deal with Japan firm to ship ethane imports

India’s Reliance signs deal with Japan firm to ship ethane imports

RIL said it has signed shipping agreements with one of the world’s largest and reputed shipping companies Mitsui.

State to put financial muscle behind Chinese firms “going global”

State to put financial muscle behind Chinese firms “going global”

Beijing will increase financial support for Chinese companies investing and operating overseas, a Cabinet meet decided.

India’s Cipla wins 2 bn Rand order in SouthAfrica AIDS drugs tender

India’s Cipla wins 2 bn Rand order in SouthAfrica AIDS drugs tender

Cipla provided AIDS drugs to African companies for just $300 per year patient compared with $12,000 charged by multinationals.

Indian PM orders insurance and coal reforms

Indian PM orders insurance and coal reforms

The legislations could not be passed in the Indian Parliament’s winter session that went into a recess on Tuesday.

China-backed $50 bn Nicaragua Canal project launched

China-backed $50 bn Nicaragua Canal project launched

The environmental impact study of the project is expected to be completed by the end of the first quarter of 2015.

Gazprom gas exports to EU down 9% from 2013

Gazprom gas exports to EU down 9% from 2013

More than a quarter of the EU’s total gas needs were met by Russian gas, and some 80 per cent of it came via Ukrainian pipelines.