Emerging Markets: India

Roundup   By Antonio Guerrero   Growth drive: India’s auto sector is thriving The US government has committed $2.45 billion for Indian borrowers through the US Export-Import Bank’s India Infrastructure Facility. Funds will be used for medium- and long-term dollar ...

Emerging Markets: Russia

Roundup   By Kim Iskyan On a lighter note: Medvedev and Obama share a joke In its 2010-12 draft federal budget, announced in late July, the Russian government calls for spending cuts, on the back of sharply reduced revenue expectations. ...

Emerging Markets : Russia

Sechin: Russia's deputy prime minister and Rosneft chairman. In a signal that the Russian government is increasingly aware of the financial constraints it is facing, a top Kremlin adviser said that the state would not be bailing out any more ...

Emerging Markets : Russia

Devaluation of the ruble is over, says Kudrin, Russia's finance minister.   The Kremlin rolled out a revised version of its economic crisis plan, extending additional credits to the beleaguered banking sector possibly at the expense of direct loans to ...