BRICS Bank dream set to turn real, power games begin

Negotiations will go down to the wire at the meeting of the BRICS finance ministers in Durban that will focus on resolving key issues relating to governance and functioning of the bank.

Almost 40 killed in West India passenger bus crash

At least 37 people were killed and 15 injured after a private passenger bus plunged into a river in India’s western state of Maharashtra, NDTV television channel reported on Tuesday

Russia plans to turn BRICS into a powerhouse alternative to the West

The Russian government is working on an integrated BRICS development programme that hopes to turn the bloc into a powerhouse alternative to the increasingly faltering West.

Sistema sole bidder in India 2G auction

Sistema Shyam TeleServices Limited (SSTL), subsidiary of Russian giant Sistema was the only bidder in 3 rounds of bidding of India’s latest 2G auction. The company submitted bids worth about $669 million

Growth of the Triangle and the Global Order

The rapid growth of Russia, China and India, though not totally hassle free, will have implications for the global order

Going against a 2G auction boycott

Russia’s AFK Sistema became the sole bidder at the auction organised by the Indian government to sell CDMA spectrum licenses

Coping with the times in Malé

Once the dust settles on the Nasheed affair, Delhi needs to ponder why such a significant section of the political and security elites in the Maldives has come to negatively perceive its policies

Kremlin Museum looking to broaden India link

Moscow museum to exhibit its treasures in India, hold exhibition of Indian precious gems and jewellery

Russia's SIBUR and RIL start rubber production in Jamnagar

Top management of Russia’s SIBUR and India’s Reliance Industries Ltd (RIL) today laid the foundation stone of the first butyl rubber plant in India, constructed by Reliance Sibur Elastomers, a joint venture between two conglomerates.

Sistema bidding for stronger presence in India

The Russian telecom giant is looking for more business in India despite shutting down its services in 10 states. Analysts see bright prospects for Sistema after it retrieves its licenses during March spectrum auctions

Shyam TeleServices plans to bid for frequencies

India’s Shyam TeleServices Limited (SSTL, operating under the MTS India brand), owned by AFK Sistema, has confirmed its plans to participate in the auction, slated for 11 March, for frequencies in some Indian districts, Sistema said in a statement.

INS Vikramaditya will be delivered in November

The delivery of the INS Vikramaditya to the Indian navy is planned for November, confirmed the head of the Rusisa’s Federal Service for Military-Technical Cooperation (FSMTC) Alexander Fomin.

Afghani transit not dangerous for Russia – CSTO Secretary General

The removal of troops of the international coalition from Afghanistan continues normally and does not contain any dangers for Russia, Secretary General of the Collective Security Treaty Organisation /CSTO/ Nikolai Borduzha said on Wednesday at the Ru

Bucking ‘anti-incumbency’ Lula’s way

The mystique of democracy is that there is no certainty whatsoever as to which way an electoral verdict would go

Gazprom hopes to increase LNG sales to Asian markets in 2013

Gazprom Marketing & Trading is planning to sell up to 2 million tonnes of LNG in 2013, exceeding the 2012 level.

India interested in continued production of the T-90S tanks under license

India is interested in continued licensed production of T-90S tanks, Oleg Sienko, CEO of the Uralvagonzavod Research and Production Corporation, announced at the IDEX 2013 Defence Exhibition.

After 4G deal with Reliance, Russia’s SPIRIT bullish on India

SPIRIT DSP Chairman Andrei Sviridenko talks to RIR about the company’s deal with Reliance Industries to provide voice services on the Indian giant’s 4G network and its future plans in the promising market

SCO must collaborate to fight transnational crime – Ivanov

Chief of Staff of the Presidential Executive Office Sergei Ivanov has called on Shanghai Cooperation Organization (SCO) member states to join forces and fight transnational crime.

Russian watchdog claims Indian rice, peanuts dangerous

Worried about pesticides and the khapra beetle, Rosselkhoznadzor has repeatedly urged its Indian partners to give information about crop cultivation technology

Sistema may have to shell out $74.4 mn in license fees