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India records 400% growth in iPhone sales

India records 400% growth in iPhone sales

India is the world’s third largest smartphone market.

Volkswagen top car seller in Russia

Volkswagen top car seller in Russia

Last year Volkswagen’s revenue increased by 35 per cent and reached 258 billion rubles ($8 billion).

Cairn India to invest $3bn in oilfields

Cairn India to invest $3bn in oilfields

Cairn has set a target of adding 530 million barrels of oil to its reserves.

China buys German aircraft engine maker

China buys German aircraft engine maker

The Chinese firm believe the deal will boost its capabilities in general aviation piston aircraft engine technology.

Foreign investors bid over $4.3bn for India government bonds

Foreign investors bid over $4.3bn for India government bonds

The government recently hiked the investment limits for FIIs in government debt to $30 billion, from $25 billion previously.

Brazil GDP forecast slips nominally

Brazil GDP forecast slips nominally

Brazil's foreign direct investment (FDI) forecast was kept at $60 billion for both 2013 and 2014.

Rosneft, Transneft dispute financing China pipeline upgrade

Rosneft, Transneft dispute financing China pipeline upgrade

Russia's Deputy Economic Prime Minister Arkady Dvorkovich has convened a special meeting to discuss the financing issue.

Yuan gains 34% against dollar in 8 years

Yuan gains 34% against dollar in 8 years

Experts says after eight years of appreciation the currency's exchange rate is close to becoming stable.

China reforms: Bank lending rates restrictions eased

China reforms: Bank lending rates restrictions eased

The floor limit for lending interest rates will be cancelled.

Moody’s affirms SA debt ratings: Gordhan

Moody’s affirms SA debt ratings: Gordhan

The finance minister said Moody's decision is a sign of confidence in the country's macroeconomic policy strategies.