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India Russia sign pact to set up a Smart City on DMIC

On 5th November 2014, India and Russia signed agreement to set up a Smart City on the Delhi-Mumbai Industrial Corridor (DMIC). The agreement was signed by Deputy Prime Minister of Russia Dmitry Rogozin and External Affairs Minister Sushma Swaraj during ..

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Fortaleza Declaration from 6th BRICS Summit

The 6th BRICS Summit that was held in Fortaleza, Brazil concluded recently. The theme of the Summit was Inclusive Growth: Sustainable Solutions. The participating nations Brazil, Russia, India, China and South Africa jointly issued the Fortaleza Declaration. Fortaleza Declaration key points: Next ..

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6th BRICS Summit: India’s PM Modi flies to Brazil

Prime Minister Narendra Modi has flown to Brazil to participate in the sixth annual BRICS summit. The BRICS summit – a multilateral forum comprising of the upcoming economies of Brazil, Russia, India, China and South Africa – will be the ..

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Russia gives in-principle nod on India’s nuclear liability law

Russia has in principle agreed on Civil Liability Nuclear Damage Act 2010 with India. This paves the way for signing a contract for unit 3 and 4 of the Kudankulam Nuclear Power Plant in July, 2014.  In April, 2014, a ..

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India test-fires BrahMos from indigenous warship INS Kolkata successfully

The 290 km-range BrahMos supersonic anti-ship cruise missile was successfully test- fired from country’s largest indigenous warship INS Kolkata off the coast of Karwar in Karnataka. The combat ship is yet to be formally inducted into the Indian Navy. The ..

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India’s OVL and Russia’s Rosneft ink pact to explore hydrocarbons

The overseas subsidiary of the state-owned explorer ONGC- ONGC Videsh Ltd (OVL), has struck a deal with Russia’s largest oil and gas producer Rosneft to jointly explore hydrocarbons in the offshore Arctic. The agreement will facilitate the OVL’s cooperation in ..

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