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Using flexible exchange rates can "create a seismic shift in the international monetary and financial landscape," Philip Lowe says.
India is among the best among the emerging markets, said Economic Affairs Secretary Mayaram.
He will unveil the next policy review on April 1.
Steel production in South Africa is recovering from a major fire at an ArcellorMittal plant.
Paris is set to cancel a 1.4 billion euro deal to deliver two Mistral-class warships to the Russian Navy.
The growth rate marked a surge from the 5.25-per cent year-on-year increase in 2013.
Alibaba operates two of China's most popular online shopping services, Taobao and TMall.
The Chinese Premier warned China faces many complex challenges in 2014 including a battle against smog.
The MICEX Index fell 1.64 per cent after trading began in Moscow.