A system allowing direct rupee-ruble payments in trade between Russia and India could be launched this week, the president of the Federation of Indian Export Organizations (FIEO), A Sakthivel, told. According to the official, the Indian government is working on a proposal to allow up to five nationalized Indian banks to be engaged in the
Russian oil exports to India increased fourfold in March this year, which indicates a redistribution of global energy flows after the situation around Ukraine, as the Financial Times reported. According to the publication, India, which is the third largest country in the world in terms of energy consumption, bought several shipments of Russian oil, as
The interaction of Russia and India in the diamond industry can be called a perfect example of how two countries far from each other can cooperate in the mutual interest, since the whole world wears Russian diamonds with Indian cuts, as stated by a member of the board of directors of one of the largest
Russian President, Vladimir Putin, held talks with Indian Prime Minister Narendra Modi. The meeting took place in the Hyderabad Palace in the centre of New Delhi. This was the first face-to-face meeting of the leaders after communicating at the BRICS summit in Brasilia, Brazil, in November 2019. In a joint document, Russia and India reaffirmed
Moscow and New Delhi have signed several documents on cooperation in the military sphere, as reported by the Indian Defence Minister Rajnath Singh. Negotiations in the “2+2” format of the Foreign and Defence Ministers of the two states took place in the Indian capital New Delhi. Singh called them productive, meaningful, and fruitful and noted
Russia, India, and China are united by the rejection of trade protectionism and unilateral politically motivated sanctions, Russian Foreign Minister Sergei Lavrov said speaking during a meeting of the foreign ministers of the RIC association. The Russian Minister noted that the exchange of views with colleagues from China and India is important in light of
The Defence Ministry of India gave its final approval to a deal with Russia to produce AK-203 assault rifles in the state of Uttar Pradesh. The decision to approve the deal was made during a session of the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh. Earlier, it was reported that over 600,000
The Ministry of Energy of Russia and the Ministry of Steel Industry of India signed a memorandum on increasing the supply of coking coal to 40 million tonnes per year. Thus, India plans to significantly increase steel production in the medium term. Daniil Karimov, the Managing Director of the metallurgy sector of the Analytical Department
The producers of the famous Indian tea in the Darjeeling district expressed their wish to get back Russian buyers, according to the Senior Adviser of the Darjeeling Tea Association Sandeep Mukherjee. “We would like Russia to become our main customer again, an importer of tea. We would prefer Russia to our domestic market,” Mukherjee stated.
Joint Russian-Indian military training has started yesterday, on August 5, in the Volgograd Region, at the Prudboy Combined Arms Range of the Southern Military District. In the course of the joint exercise, it is planned to train tactical actions to search, detect, and destroy illegal armed formations, neutralize explosive devices, and conduct radiation, chemical, and
An Indian student, Upasak Bose, has earned an MBA in Finance and Marketing, as well as a diploma in Financial Accounting in his home country. He has already worked as a business analyst for a leading IT company there but now his goal is to complete a postgraduate degree in International Relations, Business and Economics
The ‘Rosoboronexport’ special exporter company which is a part of the ‘Rostec’ state corporation, will present for the first time the newest P-18-2 “Prima” mobile radar which detects stealthy targets. The presentation will take place at the International Aviation and Space Exhibition “Aero India 2021”, TASS reports. It is specified that “Prima” is capable of
The Almaz-Antey VKO Concern (Air and Space Defence Corporation) will present a wide range of military and civilian products at the ‘Aero India 2021‘ International Aerospace Exhibition. In particular, the S-400 “Triumph” and the “Viking” anti-aircraft missile systems will be presented. The event is taking place in Bangalore, from February 3 to 5, according to
