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India to overtake US as biggest importer of infra goods

India to overtake US as biggest importer of infra goods

India will hold the top spot till 2030, HSBC said.

China announces $29.7bn coal project in Xinjiang

China announces $29.7bn coal project in Xinjiang

Known as China’s “coal sea”, Xinjiang is set to become China’s next major base for coal production.

China services PMI hits six month high

China services PMI hits six month high

The non-manufacturing purchasing managers' index (PMI) rose to 55.4 per cent in September.

UN red flag for POSCO India project

UN red flag for POSCO India project

The $12 billion steel plant project in Odisha is touted as India's biggest single foreign direct investment.

Russia seeks to remove WTO restrictions

Russia seeks to remove WTO restrictions

Moscow wants some 70 remaining restrictions currently imposed on local companies to be lifted.

Brazil, India JV make major oil discovery

Brazil, India JV make major oil discovery

Brazil currently produces about two million barrels per day nationally.

China, Nigeria sign $1.2bn power project deal

China, Nigeria sign $1.2bn power project deal

The power plant is expected to generate 700 megawatts of power for Africa's most populous country.

6th China-India Financial Dialogue focus on IMF reforms

6th China-India Financial Dialogue focus on IMF reforms

Both sides have fixed a bilateral trade target of $100 billion by 2015.

Indian oil ministry urges more Iran imports

Indian oil ministry urges more Iran imports

Indian oil minister is looking for cuts of up to $25 billion in the country's oil bill.

Brazil to retain $60bn currency programme

Brazil to retain $60bn currency programme

The Latin American nation has maintained its growth forecast for this year at 2.4 per cent.