China, the biggest buyer of Iran's oil, has publicly rejected U.S. sanctions aimed at Tehran's energy industry while American allies Japan and South Korea are scrambling
India's economy is likely to grow by an average of between 8 and 9 percent a year for the next 20 years, Montek Singh Ahluwalia, deputy chairman of the planning commission said, dismissing concerns about the current slowdown.
Burdened by high interest rates and a fragile global economy, India's GDP grew less than 7 percent in the July-September quarter, the weakest pace in more than two years.