India has proposed creating a free trade zone with the Eurasian Economic Union of Russia, Kazakhstan, Belarus and Armenia, said Alexey Pushkov, head of the International Committee of Russian State Duma. “The question was raised by India, which is now considering a free trade agreement with the Eurasian Economic Union.
The Russian State Duma has ratified the $100 billion BRICS bank thatâll serve as a pool of money for infrastructure projects in Russia, Brazil, India, China and South Africa, and challenge the dominance of the Western-led World Bank and the IMF. The New Development Bank is expected to start fully functioning by the end of […]
The first fruit of Barack Obama’s trip to India is the “understanding” which may finalize the civil nuclear cooperation agreement of 2008, which was supposed to clear the way for the sale of nuclear fuel and reactors to India.
From planes to protests to presidents – and even the odd pitched battle. Plenty of videos gave us pause for thought in 2014, bringing a new dimension to news stories from around the world. Immediate aftermath of MH17 crash, Amateur video surfaced showing the horrific aftermath of the Malaysia Airlines MH17 crash in eastern Ukraine, […]
Direct trade between India and Russia in rough diamonds is a diplomacy gem which was a Russian initiative buttressed by some quick decision-making by Prime Minister Narendra Modi. The matter has been under discussion through the diplomatic channels between the two countries for quite some time and came up in a brief discussion between visiting […]
The economic burden of Western sanctions has pushed Russia to the east in search of business opportunities. Judging by the outcome of President Putin’s visit to India – 20 high-profile deals struck – Moscow’s ‘pivot to Asia’ is getting a warm welcome. Russian President Vladimir Putin achieved this during his visit to India spanning 23 […]
When President Putin makes his lightning one-day visit to India, the main thing on his mind will be power. He’ll be discussing nuclear cooperation and energy when he meets Prime Minister Modi. “Nuclear energy cooperation is one of the pillars of our strategic partnership. We concluded two inter-governmental agreements in this field in 2008 and […]
The eurozone has huge problems and is holding back the global economy from growing, however the world in general is doing ok, Jim O’Neill, former chairman of Goldman Sachs Asset Management, told RT. Europe’s had a hard time economically in the last few years, with 2014 seeing an especially sharp slowdown in growth. What’s behind […]
Saudi Arabia has unleashed an economic war against selected oil producers. The strategy masks the House of Saud,s real agenda. But will it work? Rosneft Vice President MikhailLeontyev; “Prices can be manipulative…Saudi Arabia has begun making big discounts on oil. This is political manipulation, and Saudi Arabia is being manipulated, which could end badly.”
Washington’s hegemonic position is being threatened by a new global movement that is fast becoming reality, with the BRICS group being a very important component of creating a truly multipolar world, Don DeBar, of CPR News, told RT. On Sept. 26, Indian Prime Minister Narendra Modi arrived in the US for his first official visit […]
The World Trade Organization got a surprise setback on Thursday when India, pushing for concessions on agricultural stockpiling, vetoed plans for universal customs rules. The deal could have added $1 trillion and 21 million jobs to the world economy. The July 31 deadline on the first proposal for major global economic reform in two decades […]
India’s unambiguous support to Russia on the Ukraine issue has not happened overnight. It has taken years for India to muster the courage to take on the West and support its tried, tested and trusted friend, Russia. Another point needs to be mentioned upfront in this context. The Western sanctions on Russia are not going […]
Western sanctions might push Russia to deepen cooperation with BRICS states, in particular, to strengthen its ties with China, which will possibly turn out to be a big catastrophe for the US and the EU some time later. On March 18, the spokesperson for the Kremlin, Dmitry Peskov, claimed in a BBC interview that Russia […]
Contrasting reactions in India and Brazil to revelations by former NSA contractor Edward Snowden about the US government’s intrusive surveillance of communications in the two countries are a study in varying diplomatic style, substance and context. Recent confirmation from journalists working with Snowden that India was a prime victim caught in the crosshairs of the […]