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The Central Bank's policy decisions are not complicated by India's ruling dispensation as the bank is autonomous.
The Russian government says oil prices at about $70 per barrel will have no adverse impact on Russia’s budget.
By the end of early trading on Friday, Brent crude oil was trading at just over $70.15 a barrel. West Texas benchmark (crude) oil fell to $66.
Last month, the government named former IMF official Arvind Subramanian as its new chief economic adviser.
The Brazilian President named Joaquim Levy as Brazil’s new finance minister, replacing Guido Mantega.
Asia's third-largest economy needs to register growth around 8 per cent to create enough jobs for its growing workforce.
Sluggish market demand, rising labor costs and dropping product prices were listed as reasons for the fall by NBS.
An Indian Railways team is in China to chalk out plans for conducting a feasibility study.
Yili announced last Friday it will invest 2 billion yuan ($327 million) in four dairy projects in New Zealand.
Singapore is China's largest foreign investor.