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The Indian rupee reached a one-week high after the RBI announcement this morning.
China is determined to pursue the internationalisation of its official currency.
India's finance minister wants to bolster investor confidence in the world's fourth largest economy.
Weapon system analysts believe such tests would boost the protective shield for China's air defence.
Baidu will provide partner Orange a multi-lingual browser for Africa.
Russian Prime Minister Dmitry Medvedev says there are no "easy solutions" to US missile defence plans.
Russia will introduce Siberia as a lucrative investment destination.
Central Bank official warns that other countries could follow Japan and devaluate their currencies.
Dilma Rousseff said trade between Brazil and the EU was dynamic even during the financial crisis.
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