On the table are additional batches of S-400 surface-to-air missile systems from Russia, which India used with immense success during Operation Sindoor. India could buy at least two squadrons of Su-57 fighter jets plus joint production of S-500 air defence systems.
India is keen to strengthen its partnership with Russia on Arctic subjects and there is immense scope for cooperation in the field of energy as well, Prime Minister Narendra Modi said.
Indian officials will focus on expanding the country's footprint in oil-rich Siberia when they meet their Russian counterparts at the four-day 7th Eastern Economic Forum beginning Monday in Vladivostok. The two sides will discuss the possibility of joint oil exploration in the area and cooperation in running offshore oil and gas fields Western companies are in the process of exiting, officials said in New Delhi. Pavan Kapoor, India's ambassador to Russia, will lead the official-level talks at the summit scheduled September 5-8.
Prime Minister Modi appreciated the vision of Putin for the welfare for Russia's Far East, saying the Russian President has opened up investment opportunities for India in the region.
Modi thanked Putin for Russia's steadfast support for India's efforts to protect its interests against cross-border terror attacks, a statement from the Prime Minister's Office said.
We can make a beginning by openly acknowledging the Russian help in 1971 victory when President Putin visits India on 6 December 2021. Showing gratitude to a friend is part of our DNA, notes Colonel Anil A Athale (retd).
"Prime Minister Modi raised the issue of Zakir Naik's extradition. Both the parties have decided that our officials will stay in contact regarding the matter and it is an important issue for us," Foreign Secretary Vijay Gokhale said on PM Modi's meeting with Mahathir.
In the summit as well as in the inaugural '2+2' defence and foreign ministerial talks, the two sides are also expected to focus on the situation in Afghanistan and the rising threat of terrorism including from groups like Lashkar-e-Taiba and Jaish-e-Mohammed.
The value of the stake is not immediately known but ONGC Videsh Ltd (OVL) -- the overseas investment arm of Oil and Natural Gas Corporation -- is likely to pay an initial $300 million for drilling operations. Russian company Rosneft, which owns 70 per cent in the project, will be offloading its stake to OVL if the deal goes through. The remaining 30 per cent stake is held by China National Petroleum Corporation.
Russia has been grappling with sanctions slapped by the US and its allies over Moscow's invasion of Crimea.
The first Gaganyaan flight scheduled for 2022 will carry three astronauts, who will be picked from among the test pilots in the armed forces.
'Seen in the context of world turmoil in face of the pandemic and the Chinese 'miracle' of being the only country in the world to control it, this is not merely a 'Sputnik' moment, but a 'Sputnik Plus' moment,' argues Colonel Anil A Athale (retd).
American help in defending our independence will send a strong signal to the Chinese, argues Colonel Anil A Athale (retd).
'A breakthrough in eastern Ladakh leading to disengagement and creation of a buffer zone will obviate the need of military deployment through the winter months ahead,' notes Ambassador M K Bhadrakumar.
The meeting on the sidelines of the Shanghai Cooperation Organisation Summit in Bishkek is their first interaction after Modi's re-election following the stunning victory of the BJP in the general elections last month.
India on Tuesday pitched for a stake in vast oil and gas fields as well as LNG terminals in the frozen Artic of Far East Russia as it looked to import more oil from the former Soviet republic as part of a strategy to diversify its energy basket.
His remarks without naming any country came against the backdrop of tension between India and Pakistan after New Delhi revoked Jammu and Kashmir's special status.
In its sheer audacity, the initiative with Russia has the potential to transform world politics in the same way as the 1972 Nixon visit to China and 'Shanghai Declaration' changed world dynamics, says Anil Athale.
'The Vladivostok visit marks a subtle reversal of trend discernible in the revival of India-Russia relations pioneered by Modi during the past couple of years,' says Ambassador M K Bhadrakumar.
Have a look at these photos taken from the incredible world we live in. These are the winners of the Wildlife Photographer of the Year competition 2020.
Finalists in the prestigious Wildlife Photographer of the Year competition have been revealed and the stunning images have to be seen to be believed.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances