icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

India in focus as Sberbank does the hard yards

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

Podcasts