Packing batteries with more punch
Indian researchers are working on cells that can store more energy, last longer
India and Russia have finalised the broad contours of an ambitious government-to-government agreement for long-term import of crude oil by India from Russia’s Far East region.
The pact is likely to be inked during Russian President Vladimir Putin’s visit in October for the annual summit talks with Prime Minister Narendra Modi, diplomatic sources told PTI.
The pact is set to help the two countries achieve their target of taking the volume of annual bilateral trade to $25 billion from current $11 billion.
When asked about it, Russian Deputy Chief of Mission Roman Babushkin told PTI that both India and Russia are adopting a “multi-dimensional” approach in boosting cooperation in oil and gas sector in sync with decisions taken by Putin and Modi in their last annual summit in Vladivostok in September.
“We have signed an important contract few days back for supply of two million tonnes of oil to India from Russia by end of the current year. We are also considering to sign a long-term contract for supply of oil (to India) for many years,” Babushkin said,
“We should realise our potential as reliable partners in energy sector. Another area would be the mutual investment cooperation in the energy sector in India and Russia,” Babushkin said.
He said Indian oil and gas companies are positively considering to participate in exploration of oil and gas in Russia’s Far East region.
At present, the volume of bilateral trade between India and Russia is $11 billion. Both the countries have set a target of enhancing it to $30 billion by 2025.
Indian researchers are working on cells that can store more energy, last longer
To fix a broken bone, doctors often harvest another bone from the patient’s body or from someone else. It ...
Superconductors from IIScScientists at IISc Bangalore have invented a device with a nanocrystal structure ...
Engineering and construction giant L&T has won a licence from the Council of Scientific & Industrial ...
Option price falls more than it rises for the same change in underlying
A long-term vacation here is worth a check-in
The fund delivered a return of 31.5% in 2020 compared with the category’s 15.5%
Care Health Insurance’s new rider offers no great benefit. We review its pros and cons
In these isolated times when people yearn for a slice of the familiar, amateur and professional chefs are ...
With strokes of quirky humour, Partha Pratim Deb uses pulp, terracotta, glass and discarded cloth to create ...
Given the events in Washington DC on January 6, this week’s quiz is all about buildings that house or housed ...
While good writing wars against the cliché, television gives it a natural home
Digital is becoming dominant media, but are companies and their ad agencies transforming fast enough to make a ...
Slow Network, promoted by journalist-lyricist Neelesh Misra, pushes rural products and experiences
How marketers can use the traditional exchange of festive wishes meaningfully
For Fortune, a brand celebrating its 20th anniversary, it was a rude shock to become the butt of social media ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor