Last month, Martin Feldstein (professor of economics at Harvard University) predicted that the growth of global economy will be threatened more by the geographical risks. He listed four major threats which include Russia, China, the Middle East and Cyberspace. The Chinese economy has lost its momentum, conflict continuing in the ...
Read More »India to buy world’s most advanced missile defence system from Russia
Previously known as S-300PMU-3, S-400 is a new generation anti-aircraft weapon system developed by Russia’s Almaz Central Design Bureau as an upgrade of the S-300 family. It is currently in service with the Russian Armed Forces. India-Russia military technical cooperation has evolved from a simple buyer-seller framework to one involving ...
Read More »Indo-Russia Trade Relations to reach $30 billion by 2025
Russia is an important partner for India in peaceful uses of nuclear energy. External Affairs Minister Sushma Swaraj and Russia’s Deputy Prime Minister Dmitry Rogozin, chairing the 21st India-Russia Inter-Governmental Consultations, looked at ways to enhance the mutual direct investment to $15 billion by 2025. India and Russia today discussed ...
Read More »Russia, India ponder co-development of new generation Infantry Fighting Vehicle
Russia and India are considering co-development of a new generation infantry fighting vehicle (IFV) at an Indian enterprise, said Albert Bakov, first vice president and co-owner of the Tractor Plants Concern. Russian Defense Ministry may additionally fund development of BMP-3 Dragoon IFV. The newly developed version also differs from the ...
Read More »Russia to open helicopter flight training center in India
Russian Helicopters Holding (part of Rostec Corporation) intends to open a flight training center to train flight and mechanical personnel for Russian helicopters in the near future. Personnel undertaking training will include “both members from the Indian Ministry of Defense as well as the civilian sector. Russian produced helicopters began ...
Read More »Russia ties up with Reliance Defence to manufacture Kamov 226T choppers
News: Russia has announced an understanding with the subsidiary company of Reliance Infrastructure for the project, indicating that the company could be a lead integrator for the mega contract to manufacture 200 twin-engine helicopters for the Indian Army. While an option to partner with defence public sector unit Hindustan Aeronautics ...
Read More »Inside story of how PM Narendra Modi’s Central Asian tour was a very unusual diplomatic journey
News: Narendra Modi’s July 6-13 visit to five Central Asian countries – Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Tajikistan – was aimed at making India a strong player in a region rich in natural resources and especially in the fight against terrorism. China has already built a strong presence in Central ...
Read More »Make in India: India, Russia to jointly build 200 military choppers
News: Russian Helicopters deal has effectively killed any other light helicopter project for the armed forces, including a process that was initiated for an Indian-led JV to manufacture a new range of choppers. 200 helicopters will be manufactured in the country with the transfer of technology, and licence production, with Russian ...
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