Sergey Cheryomin, head of the department for external economic and international relations of Moscow, on Wednesday said trade between India and Russia is expected to reach $50 billion or more. Cheryomin was speaking at the Russia-India business forum programme in New Delhi. The Russian minister stressed that banks in both countries should promote trade in […]

‘Finland has made a dangerous historical mistake.’ So said Russia in reaction to Finland formally joining the North Atlantic Treaty Organization on April 4. The ominous pronouncement could have the effect of renewing fears among the publics of the world of another Europe-wide war. The hope of peace-loving peoples is likely to be that Russia […]

Finland becomes the 31st member of NATO on Tuesday, in a historic strategic shift provoked by Moscow s war on Ukraine, which doubles the US-led alliance s border with Russia.

BBC reported that oil prices have surged after several of the world’s largest exporters announced surprise cuts in production. The price of Brent crude oil is trading close to $85 a barrel after jumping by almost 6%.vEconomists warned that higher oil prices could make it harder to bring down the cost of living. But the […]

Russia has taken the presidency of the UN Security Council despite Ukraine urging members to block the move.

Tokyo [Japan], March 21 (ANI): In the world of fast-paced diplomatic activity, Japan and South Korea have shown that they can no longer remain strange bedfellows when China is racing against time to dictate its terms in the Indo-Pacific region. For the first time after a gap of 12 years, the two countries held their […]

An open letter to President Ranil Wickremesinghe Recent articles in the local press have publicised the government plans for introduction of nuclear power plants to Sri Lanka with Russian support. A similar decision was taken way back in 2010, by the then President to bring nuclear power plants to Sri Lanka from South Korea. At […]

Sri Lanka in the throes of the worst economic crisis since Independence has resorted to some desperate action; it has for the first time in its history declared bankruptcy, suspended debt repayment, secured an IMF bailout for the 17th time, and agreed to extremely stringent loan conditions, which have already caused social unrest with people […]

Calling India a rising power and a powerful economy, Iranian Envoy to India Iraj Elahi said that India is strong enough to resist the pressure of the West as it resisted the pressure of buying oil from Russia. The Envoy also hoped that India would start importing oil from Iran adding that it would benefit […]

The Russian defence ministry has said that the Russian Navy has test fired supersonic antiship missiles at a mock target in the Sea of Japan, The ministry said on Tuesday that two ships launched a missile attack on a simulated enemy warship located about 100km (62 miles) away. Two Moskit supersonic cruise missiles that have […]

Iranian Ambassador to India, Iraj Elahi on Friday lauded India’s effort in the development of its Chabahar port. Speaking at a press briefing, he said, “The core concept of cooperation between Iran and India in Chabahar has three elements – construction of ports, its connection with the main railway network of Iran and sending cargo […]

Vice President Kamala Harris has said that the United States will increase investment in Africa and help spur economic growth as she began a week-long tour of the continent aimed at countering the influence of rivals Russia and China. China has invested heavily in Africa in recent decades, including in infrastructure and resource development, while […]

Russia has struck a deal with neighbouring Belarus to station tactical nuclear weapons on its territory, President Vladimir Putin says. Putin made the announcement on Saturday as tensions grow with the West over the Ukraine war and as some Russian commentators speculate about possible nuclear strikes. The deal with Belarus would not violate nuclear nonproliferation […]

Japanese Prime Minister Fumio Kishida arrived in Delhi on Monday on about 27-hour-long visit to India. The Japanese PM is expected to unveil his plan for a “free and open Indo-Pacific” with a focus on India’s increasingly significant role in the region. Here is all you need to know Japanese PM’s visit What Kishida, PM […]

Russia has said that a division of its Bastion coastal defence missile systems has been deployed to Paramushir, one of the Kuril Islands in the north Pacific, some of which Japan claims as its territory. The move is part of a wider strengthening of Russia’s defences in its vast far eastern regions, Defence Minister Sergei […]

As should be expected, the arrest warrant issued by the International Criminal Court (ICC) on Russian President Vladimir Putin on war crimes allegations has given rise to a widespread debate on how effective it would be as an instrument of justice. What compounds the issue is the fact that Russia is not obliged to cooperate […]

BBC reported that the International Monetary Fund (IMF) says it has reached an agreement with Ukraine on funding worth $15.6bn (£12.8bn). The organisation’s first loan to a country at war is expected to be approved in the coming weeks. It would also be one of the largest financing packages Ukraine has received since Russia’s invasion. […]

Washington [US], March 15 (ANI): China understands the benefits of space cooperation, but ultimately seeks to use it as a means of supporting Beijing’s larger political and diplomatic goals of making China more respected and influential, reported Channel News Asia (CNA). As the director general of China’s Manned Space Agency put it: “We hope to […]

The International Monetary Fund said on Tuesday it had reached a staff-level agreement with Ukraine for a four-year financing package worth about $15.6 billion, offering funds the country needs as it continues to defend against Russia s invasion.

India and Bangladesh on Saturday inaugurated a cross-border pipeline that will have the capacity to supply one million metric tonnes of diesel a year from Assam’s Numaligarh refinery to the northern parts of the neighbouring country. The India-Bangladesh Friendship Pipeline (IBFP), inaugurated during a virtual ceremony by Prime Minister Narendra Modi and his counterpart Sheikh […]

Aljazeera reported that Chinese President Xi Jinping has arrived in Moscow for a state visit in a show of support for an increasingly isolated Russia Xi and Russia’s Vladimir Putin published separate articles on Monday; Xi said China’s proposal to end the Ukraine crisis reflects global views as Putin said he had high hopes for […]