Demonetisation of Currency in India
Last year, the Indian Prime Minister, Narendra Modi gave an unscheduled live televised address to the nation on November 8 at 8.15 pm. He suddenly announced that high denomination currency notes, all of 86% currency in current circulation, will no longer be legal tenders after midnight. The political circles and media went into a spin. […]
The Unresolved Regional Problem of Asia: Kashmir
Kashmir is the northernmost geographical region of South Asia. Until the mid-19th century, the term “Kashmir” denoted only the valley between the Great Himalayas and the Pir Panjal mountain range. The Kashmir conflict is a territorial conflict primarily between India and Pakistan, having started just after the partition of India in 1947. In August 1947, […]
Mongolia and India consider launching direct flights
Indian Ambassador to Mongolia Suresh Babu asked Prime Minister J.Erdenebat to study possibilities for launching an Ulaanbaatar-Delhi direct flight to improve business relations and cooperation between the two countries, during a meeting this week, The UB Post reports. During the meeting, the Prime Minister expressed hope that friendly and close ties between Mongolia and India […]
Russian destroyer, Indian Navy destroyer to take part in Indra Navy 2016 drills
A large anti-submarine ship, a destroyer, an anti-submarine helicopter, a tanker and a tugboat will represent Russia at the joint Russian-Indian naval exercise Indra Navy 2016, spokesman for the Eastern Military District, Colonel Alexander Gordeyev told, TASS reported on July 6. “The exercise will involve from the Russian side: a large anti-submarine ship of Project 1155, […]
Iran and India Determined to Develop Chabahar Port
Iranian President Hassan Rouhani and India’s Prime Minister Narendra Damodardas Modi voiced determination to implement the agreements signed between the two countries, particularly a project to develop Iran’s southeastern port city of Chabahar, Tasnim reports. In a telephone conversation with the Indian premier on July 6, President Rouhani said Tehran is prepared to upgrade the […]
Iran Becomes 3rd Major Oil Supplier to India
Iran stands the third major supplier of oil to India after Saudi Arabia and Iraq for exporting more than 500,000bpd crude to the country. Based on the statistics available, India imported 4,350,000bpd oil on the average in the first three months of 2016, showing about 500,000 bpd increase in the imports compared to the amount […]
India and Pakistan Could Join SCO In 2017
Russian President Vladimir Putin has told the possibility that India and Pakistan could join the Shanghai Cooperation Organization (SCO) in 2017. Speaking at the SCO summit in Tashkent on June 24, Putin said New Delhi and Islamabad “must meet all the obligations to receive the status of member states, RFERL reported. He said the membership […]
India to join Shanghai Cooperation Organisation within a year
India is to attain full membership of the Shanghai Cooperation Organisation (SCO) within a year, Secretary General of the six-member political, economic and military alliance led by China and Russia has said, The Indian Express reports. “For almost a year, we held consultations with top representatives from India. To become a full member of the […]
Putin: Russia, India have great room for expanding economic cooperation
Russia and India need to step up economic cooperation, Russian President Vladimir Putin said, emphasizing that the current trade turnover between the two countries has not reached its potential maximum, Trend reports. “As for our [India-Russia] relations, they have very deep roots, and we highly value this. We have very trusting relations… but we definitely […]
India and Afghanistan inaugurate Friendship Dam
Indian Prime Minister Narendra Modi visited Afghanistan on June 4 to inaugurate a multi-million-dollar hydroelectric dam with Afghan President Ashraf Ghani. The dam named “Afghan-India Friendship Dam” in Herat province, which borders Iran, was built with the Indian financial aid at a cost of $300 million. 1500 Indian and Afghan engineers worked to build the […]
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