BRICS bank working capital set at $10bn

BRICS bank working capital: The working capital of the new BRICS bank is to be set at $10bn to…

Berkut oil rig starts drilling

Berkut oil rig: Russia’s biggest drilling platform so far has come into service. Construction and installation of…

Russia-India pipeline talks to begin next month

The possibility of a Russia-India pipeline that would give India access to Russian gas is to be…

Indian Oil looks at Rosneft privatisation

Indian Oil is discussing the possibility of participating in the accelerated Rosneft privatisation programme. The news comes in…

Gazprom signs 20-year deal with GAIL India

Gazprom  has signed an agreement to supply GAIL India with 3.5m tonnes of LNG annually for 20 and…

BRIC investment destination for Russian investors

BRIC investment destination: 73% of  Russian companies surveyed in a new report from Ernst & Young told its researchers that…

Rosatom wins Kudankulam nuclear power plant extension

Kudankulam nuclear power plant extension: Rosatom has secured a contract to build the third and fourth units…

KamAz plans Asian expansion

KamAz plans Asian expansion: Having bought out its Indian partner the Vectra group last month, Russian truck…

Rosatom wins Kundankulam nuclear power contract

Rosatom wins Kundankulam nuclear power contract: Russia and India are close to signing an agreement for…