India in focus as Sberbank does the hard yards
Published: 05 December, 2008, 09:34
India will sign up for its first third-generation nuclear reactors from Russia this week.
President Medvedev will pen the contract to build 4 new power plants on his inaugural visit to Delhi on Friday.
The Tamil Nadu project comes on top of Tuesday's purchase of EIGHTY Mi-17s, the main troop-mover for the Indian army.
Meanwhile, Russia and East Europe's biggest bank Sberbank is trying to start up on its own in India.
Vice-President, Denis Bugrov, told Business RT it's not easy working within the South Asian nation, and the global economic crisis has made bilateral trade even tougher.
“We're opening, we have opened a branch in India, we are working on one in China, and these will be greenfield start-ups.
We recognise that turning Sberbank into a much more internationally present financial institution will take a considerable amount of time and effort, what is happening right now in the markets is an important factor in how we think about this.”
Market Watch December 4: A little bit of this, a little bit of that
PM calls it straight on the economy in Q&A sesion
Gazprom and Serbia in new talks on NIS
05.12.2008, 09:27
PM calls it straight on the economy in Q&A sessionThe Russian economy and the Governments efforts to reduce the impact of the global slowdown became a key part of the televised question and answer session between the Russian public and Prime Minister Vladimir Putin on Thursday. |
05.12.2008, 14:59
Gazprom set to take part in Dutch underground gas storage projectGazprom's CEO Alexey Miller has hold talks with Netherlands Economic Minister, Maria von der Hoeven. They agreed to develop an underground gas storage in Holland for Russian gas coming through Nord Stream when it is completed. |
