Sports

Putin: Trade between Russia & India will reach $30bn by 2025

Putin: Trade between Russia & India will reach $30bn by 2025

Russian Federation signed a deal with India to supply five regiments of S-400 anti-aircraft missiles to India, Interfax news agency quoted Kremlin spokesman Dmitry Peskov as saying on Friday. The S-400 is known to be the world's most lethal long-range surface-to-air missile system.

"I would suggest Russian side to open a dedicated defence park in India", he said, adding both the sides can increase cooperation in sectors including space, fertiliser, food processing and gems and jewellery.

President Putin said the two countries have agreed to step up cooperation in combating the menace of terrorism and drug trafficking. "But, no, they come sooner or later", Putin said, emphasizing that "they really are taking a saw to the branch they are sitting on".

Eight agreements were also signed between the two sides at the end of the talks. In recent years, the US has also become a significant source, with purchases adding up to $15 billion over the past decade.

Russian Federation "reiterated its unwavering support to India for permanent membership in an expanded UN Security Council" and for India joining the Nuclear Suppliers Group of countries controlling access to nuclear technology, a joint statement said. Of course, trade in national currencies has been a trend for quite a while.

"We also need to advance our industrial cooperation, technological and investment alliances", he said.

The S-400 system, which is effective against aircraft as well as ballistic and cruise missiles, has a maximum range of 250 miles. India places top priority on ties with Russian Federation.

The US is watching this visit very closely.

Amazon launches Fire TV Stick 4K with Alexa integration in India
You can now pre-order the Fire TV Stick 4K on Amazon for $49.99 or $79.98 if bundled with the new Echo Dot . That said, the Alexa Voice Remote can be used with the earlier launched Amazon Fire TV Stick as well.

The S-400 is an upgraded version of the S-300 systems.

While America's line has only hardened, former diplomat who served in Moscow Ambassador Anil Trigunayat is more optimistic of how things could pan out for these "strategic" partners of India.

He said India is one of the fastest growing economies today and Russian Federation is one of the most important partners in India's progress.

India has also developed closer defence ties to the U.S.in recent years with joint military drills and defence sales.

Ahead of the visit, the Russian President's aide Yuri Ushakov was quoted by media as saying that Russia and India are planning to sign more than 20 documents at the end of the Putin-Modi talks and that Putin will oversee the signing of the United States dollars 5 billion deal.

Slideshow (3 Images) "The (two) sides welcomed the conclusion of the contract for the supply of S-400 long range surface to air missile system to India", India and Russian Federation said in a joint statement at the end of the talks.

The two countries are set to sign a Memorandum of Understanding (MoU) that will facilitate collaboration in the field of science and technology between India's Atal Innovation Mission and Russia's Creative School, SIRIUS.


  • Centre, BJP-ruled states cut fuel prices, Congress calls it panic reaction

    Centre, BJP-ruled states cut fuel prices, Congress calls it panic reaction

    The centre now levies a total of Rs 19.48 per litre of excise duty on petrol and Rs 15.33 per litre on diesel. Meanwhile, reports are coming in that Delhi, led by AAP will not cut Value-Added Tax on petrol and diesel.
    Lawyer: FBI has completed Mark Judge interview

    Lawyer: FBI has completed Mark Judge interview

    Chris Dudley and Dan Murphy said they had never seen the nominee black out at college or behave inappropriately with women. Democrats are pressing the investigators to expand their list of witness interviews but have agreed with the timeline.
    Elon Musk resigns as Tesla chairman with multi-million dollar settlement

    Elon Musk resigns as Tesla chairman with multi-million dollar settlement

    The settlement requires that Tesla appoint two new independent directors and establish a committee of independent board members. Tesla in recent years has become one of the most valuable American vehicle maker, with its stock worth more than $50 billion.
  • Putin calls ex-Russian spy Sergei Skripal a ‘scumbag,’ traitor

    Putin calls ex-Russian spy Sergei Skripal a ‘scumbag,’ traitor

    This will be followed by delegation-level talks, where the leaders will discuss, trade, economic, energy, people-to-people issues. Former Ukrainian President Viktor Yanukovich speaks during a news conference in Moscow , Russia March 2, 2018.
    Death toll from Indonesia quake-tsunami rises over 1,200

    Death toll from Indonesia quake-tsunami rises over 1,200

    Authorities managed to open the local airport a day after the tsunami, allowing the Indonesian mlitary to start delivering aid. Germany provided a warning system developed by GFZ to Indonesia after a devastating tsunami killed 226,000 people in 2004.
    Trump engaged in tax fraud, dubious schemes in 1990s

    Trump engaged in tax fraud, dubious schemes in 1990s

    What's more, Trump and his family boosted their wealth through tax evasion and fraud, according to the Times . NY state tax officials are investigating the allegations in the Times report, according to CNBC.
  • China inserted surveillance microchips in servers used by Amazon, Apple, report says

    China inserted surveillance microchips in servers used by Amazon, Apple, report says

    Bloomberg , however, says it talked to 17 people who've confirmed the investigation into compromised Supermicro products. Apple , which Bloomberg reported was also compromised by the microchips, denied this report as well.
    Champions League: Livescore from Napoli vs Liverpool

    Champions League: Livescore from Napoli vs Liverpool

    Sturridge has played just 97 minutes in the Premier League so far this season. but has managed to score an impressive four goals. Klopp usually deploys a combination of Jordan Henderson, Naby Keita , James Milner and Gini Wijnaldum .
    Melania Trump visits former slave outpost in Ghana

    Melania Trump visits former slave outpost in Ghana

    First lady Trump was given a demonstration of how the hospital weighs babies during wellness checks in a sack-and-pully system. In addition to Ghana, she is due to visit Malawi, Kenya and Egypt before returning to Washington early on Oct 7.
  • Allison, Tasuku Honjo Win 2018 Nobel Prize In Physiology Or Medicine

    Allison, Tasuku Honjo Win 2018 Nobel Prize In Physiology Or Medicine

    He was then able to take this approach and develop it into the effective treatment deemed revolutionary by those in oncology. Honjo in a phone call, telling him: "I believe the achievements of your research have given cancer patients hope and light".
    Tom Hardy recreating Mogambo Khush Hua is making us remember Amrish Puri

    Tom Hardy recreating Mogambo Khush Hua is making us remember Amrish Puri

    However, the door has been left open for Brock's salivating symbiote to enter the MCU, should Marvel prove willing to cooperate. You can't speak freely about your projects without someone quoting them out of context or weaponizing your words against you.
    IPhone XS Max vs Galaxy Note 9 Real-World Speed Test

    IPhone XS Max vs Galaxy Note 9 Real-World Speed Test

    This should not be surprising since the Note 9 comes with twice the amount of RAM as the iPhone XS Max here: 8GB vs 4GB. Big, bold, and proud - the Galaxy Note 9 boasts serious power, advanced cameras, and a gorgeous 6.4-inch OLED screen.