Economics - Russia & India Report

Russia asks India to amend bilateral investment pact

Rajeev Sharma — Mon, 20 May 2013 13:09:00 +0400

Moscow wants the 19-year-old BIPA to be suitably amended with unambiguous safeguards to protect large scale Russian investments in telecom sector in India

Russia to use hi-tech against terror

Boris Egorov — Sun, 19 May 2013 12:14:00 +0400

“Killer robots" and other high-tech antiterror equipment are being developed in Russia and other countries. They have already received criticism from Human Right Watch

IRIGC agrees to increase Kamaz truck production in India

Dadan Upadhyay — Thu, 16 May 2013 14:42:00 +0400

The co-chairs of the IRIGC are soon expected to receive the proposals on increasing the production of KVML plant at Hosur (Tamil Nadu) in India

Russia looks to boost domestic auto production

Fyodor Kikta — Thu, 16 May 2013 13:53:00 +0400

For the last decade the government had skillfully been using a carrot-and-stick approach to get major auto giants to produce cars (and eventually – car parts) in Russia

Carmakers turn to BRICS for growth

Alexander Panin — Thu, 16 May 2013 13:05:00 +0400

Despite a moderate downturn in car sales seen in Russia from the beginning of the year, the country is a critical automobile market, which is projected to surpass Germany in the future

5 questions on Russian S-300 missile system sales to Syria

Alexey Eremenko — Wed, 15 May 2013 17:53:00 +0400

If fresh media reports are true, Russia may soon provide Damascus – or already has – with advanced S-300 air defense systems, tipping the balance in the devastating 26-month conflict. But the “if” is a big one

Belarus-Russia joint air defense base no threat to NATO - Lavrov

RT.com — Wed, 15 May 2013 13:12:00 +0400

Last month Russia’s Defense Minister Sergei Shoigu had announced that Russia was planning to station a wing of fighter jets at a military airbase in Belarus

Why Russia activates Army, Fleet on Black Sea

Alexander Sadchikov — Wed, 15 May 2013 11:50:00 +0400

Moscow is clearly designating its military presence in the regions because of the aggravating situation in Syria

Acer eyes bigger piece of Russian tablet pie

Vladislav Novyi — Tue, 14 May 2013 12:11:00 +0400

The Taiwan-based manufacturer computer manufacturer has ambitious plans to capture 25 percent of the Russian market for tablet computers

Coming to India’s aid on KNPP’s spent nuclear fuel

Rajeev Sharma — Mon, 13 May 2013 11:43:00 +0400

Russia is allowing India to recycle and reprocess the Kudankulam plant’s nuclear waste, which can used to generate electricity

Kaspersky to power Ferrari's IT security

Alexey Mosko — Sat, 11 May 2013 00:22:00 +0400

Under a new agreement, the Russian developer will now be providing IT security not only for Ferrari office computers and employees’ mobile devices, but also for computers controlling production lines

India, Russia look to increase air connectivity

Alexander Korablinov — Wed, 08 May 2013 13:30:00 +0400

Aeroflot shows interest in flying to Bangalore, while Indigo and Spice Jet are looking to use Moscow as a hub for the CIS

Made-in-Russia smartphones to go global

Elena Shipilova — Tue, 07 May 2013 14:02:00 +0400

The chief executive of Yota Devices, the country's first smartphone maker, talks about the company's plans to replicate Apple's success

Premium Russian wines on the cards

Denis Puzyrev — Mon, 06 May 2013 15:50:00 +0400

A modern (and largely organic) premium wine industry is quickly developing in the land of vodka

RUSAL wants cuts in global aluminium production

Viktor Kuzmin — Mon, 06 May 2013 15:41:00 +0400

With the global aluminium market struggling with an oversupply crisis, the Russian aluminium giant believes manufacturers should scale back on production

Indian Supreme Court gives green signal to Kudankulam plant

Rajeev Sharma — Mon, 06 May 2013 14:09:00 +0400

The court cautioned the Indian government and the Nuclear Power Corporation of India Ltd to find safe areas to dispose of the nuclear waste which the plant would be generating

Russia eyes regional transport aircraft partnership with India

Alexander Korablinov — Mon, 06 May 2013 13:03:00 +0400

United Aircraft Corporation has offered to set up joint development and manufacturing facilities in India

Russian log houses as panacea from the Indian heat

Alexandra Katz — Mon, 06 May 2013 12:29:00 +0400

Though uncommon for India, wooden construction is slowly becoming a high-end trend among Indian ecology lovers. Russian wood has all chances to capture the emerging market

How to stimulate the Russian economy

Elena Shipilova — Fri, 03 May 2013 00:15:00 +0400

A policy meeting chaired by the president has decided to support the Russian economy by re-jigging spending priorities and issuing infrastructure bonds. Oil funds are to remain untapped even if stagnation looms

Special operations force to power Russian Army

Igor Andreev — Tue, 30 Apr 2013 13:24:00 +0400

Commander of Russia’s Airborne Troops, Colonel-General Vladimir Shamanov talks about the role that troops can play in impending conflicts and the weapons that paratroopers and special forces will use in the future

India, Russia agree to reinvigorate IRIGC

Dadan Upadhyay — Tue, 30 Apr 2013 12:28:00 +0400

The two sides formally agreed to make it an integrated part of the regular full-fledged annual session to review the progress in the implementation of the decisions taken at the India-Russia summits

10 most progressive research themes of the future

RIA Novosti — Mon, 29 Apr 2013 14:45:00 +0400

A report submitted to Russia’s Advanced Research Foundation mentions three-hour trips between Moscow and Vladivostok, lunar space lifts and an army of Terminators

INS Sindhurakshak arrives in India

Alexander Korablinov — Mon, 29 Apr 2013 12:10:00 +0400

The kilo class submarine, which was retrofitted in the Zvyozdochka shipyard, in Severodvinsk arrived in the Mumbai port on Monday

The myth of dirty Russian money

Maria Ordzhonikidze — Sun, 28 Apr 2013 00:58:00 +0400

Russian entities and individuals have indeed constituted a large share of all the Cyprus depositors, but to punish all Russian depositors for Cypriot failings is patently unjust and perhaps illegal

Sharapova aims for sweet tooth with first business

Ezekiel Pfeifer — Fri, 26 Apr 2013 00:35:00 +0400

For someone known for her punishing ground strokes on the tennis court and elegant style on the red carpet, candy was not an obvious choice for a first foray into business. But all the pieces came together

Uralkali to spend $1.64 bn in share buyback drive

Elena Khodyakova — Fri, 26 Apr 2013 00:15:00 +0400

In a single week in mid-April, the potash fertilizer company spent $141 million as part of its share buyback programme, in an attempt to prevent investor panic over its plans to cut production in 2013

INS Vikramaditya poised to meet latest deadline

Aleksandr Emelyanenkov — Thu, 25 Apr 2013 16:13:00 +0400

The aircraft carrier will once again take to sea in July; flight tests are scheduled a month later

Indian police warn investors on Mavrodi scheme

RIA Novosti — Thu, 25 Apr 2013 13:41:00 +0400

The Andhra Pradesh police issued a warning asking people not to invest in the Mavrodi Mondial Moneybox India scheme, saying investors risk losing their funds

Rosneft sets sights on Iraq and Venezuela

RT.com — Thu, 25 Apr 2013 00:30:00 +0400

CEO Igor Sechin says Russian firm is ready to tie-up with American giant ExxonMobil in Iraq

Agenda set for ‘Russian Davos’ summit in St Petersburg

Yevgeny Basmanov — Thu, 25 Apr 2013 00:15:00 +0400

Russia’s major business and political event, the 17th St Petersburg International Economic Forum, has been scheduled for June 20-22, with over 5000 participants from 30 countries worldwide expected to attend

Dmitry Shukov appointed CEO of Sistema’s India ops

Alexander Korablinov — Wed, 24 Apr 2013 15:11:00 +0400

New CEO to take over on June 1; incumbent Vsevolod Rozanov will move to a senior position in Moscow

Ready to supply MiG-35s to India - Korotkov

Alexander Tomas — Tue, 23 Apr 2013 18:51:00 +0400

As Delhi marked the “golden jubilee” of the arrival of MiGs to the Indian Air Force (IAF), Sergei Korotkov, CEO of Russian Aircraft Corporation (RSK) MIG, spoke to the media about the history of the company's cooperation with India and its plans for

India celebrates ‘Golden Jubilee’ of MiG-21’s association with the IAF

Alexander Tomas — Tue, 23 Apr 2013 13:31:00 +0400

To mark the occasion, a book titled “First to the Last: 50 years of MiG-21 with the IAF” was released in Delhi

Russia continues to supply cutting-edge technology to India - Alexander Kadakin

Alexander Korablinov — Mon, 22 Apr 2013 14:39:00 +0400

Moscow has defence orders from New Delhi to the tune of over $20 billion, the Russian Ambassador said at an IAF function

Igor Sechin named in Time 100 Influential People

RT.com — Sun, 21 Apr 2013 00:35:00 +0400

In Time’s Titans List, the Rosneft CEO sticks out among trendier names like SpaceX founder Elon Musk and Instagram founder Kevin Systrom

Rectifying mistakes

Alexei Mikhailov — Sun, 21 Apr 2013 00:20:00 +0400

The Russian Defense Ministry wants to order a tank tailored for urban warfare - a modernisation kit for the field versions of the T-72 and T-90 tanks to reinforce their armour for urban areas and equip them to drive over piles of rubble and barricade

Filling India’s infrastructure gaps with Russian partners

Elena Krovvidi — Sat, 20 Apr 2013 00:30:00 +0400

Sridhar Cherukuri, CEO, Transstroy (India) Ltd speaks to RIR on the history of the company, its joint projects with Russia and conflicts with environmentalists over the construction of a major dam

Russia's first wheeled howitzer to be presented soon

Alexey Mikhaylov — Fri, 19 Apr 2013 16:30:00 +0400

The Koalitsiya-SV 152-mm twin-barrel howitzer, based on the KamAZ-6560 platform, will premiere at the famed Nizhny Tagil tank show this September

New wealthy Russians join Forbes rich list

Ria Novosti — Fri, 19 Apr 2013 00:15:00 +0400

The newcomers include Mark Kurtser, Moscow’s chief obstetrician and Vladimir Litvinenkov, rector of the St. Petersburg-based National Mining University and a minority shareholder in PhosAgro

Fully professional Russian Army still a long way off

Dmitry Litovkin — Thu, 18 Apr 2013 15:30:00 +0400

The rise in the number of soldiers on contract in the army will not lead to the abolition of conscription

Russia to help India build 4 guided-missile destroyers

Combined Report — Thu, 18 Apr 2013 12:42:00 +0400

The shaft lines for the Indian Navy’s Project 15B destroyers will be produced by the Baltic Shipyard

Louis Vuitton gearing up for the Sochi Olympics

Anna Leviskaya — Thu, 18 Apr 2013 00:15:00 +0400

The world’s largest luxury goods retailer is planning to open a store in Sochi, the host city of the 2014 Winter Olympics. The company is also looking for a logistics partner to operate an online store for Russia

Russia watches closely as India ponders over relaxed FDI norms

Alexander Korablinov — Wed, 17 Apr 2013 15:03:00 +0400

The Russian business community would benefit from a proposed plan to allow 100 percent FDI in telecom and 49 percent in the defence industry

MIG Corp eyes broader cooperation with India

Sergei Ivanov — Tue, 16 Apr 2013 15:43:00 +0400

It’s been 50 years since the first MiG-21 fighter jets were delivered to the Indian Air Force