India-Nigeria Trade Volume Hits $13.9bn
“Our bilateral trade turnover grew by 18.1 per cent in 2018-2019 to reach $13.9 billion and has so far grown by 7.05 per cent in the first eight months of 2019-2020.
“Our bilateral trade turnover grew by 18.1 per cent in 2018-2019 to reach $13.9 billion and has so far grown by 7.05 per cent in the first eight months of 2019-2020.
Rear Admiral VK Saxena, the chairman and managing director of the Kolkata-based Garden Reach Shipbuilders and Engineers (GRSE), which is building the corvettes, told news agency PTI that all trials of the ship had been successfully completed and the delivery was fixed for the end of this month.
The small size of the TWR is what is expected to facilitate mass production at a low cost. This gains significance as radars like the TWR developed at IISc can have a wide gamut of applications in sectors ranging from defence, to healthcare, transportation, and agriculture.
The keel is the lengthwise structure along the base of a ship, supporting the framework of the whole. Vice Chief of Naval Staff (VCNS), Vice Admiral G Ashok Kumar commended the city-based Defence PSU for its commitment in providing maintenance support to the ships built by it.
Indian Army is now providing jawans a personal kit worth around Rs 1 lakh each during their deployment on the world’s highest battlefield Siachen glacier to fight harsh weather conditions. The kit includes equipment worth around Rs 1.5 lakhs for survival and moving around the Siachen glacier during the deployment.
At the end of last year, Russian envoy Nikolai Kudashev said that Moscow is hopeful about reaching a free trade agreement between the Eurasian Economic Union (EAEU) and India by 2020, The Diplomat writes in the article Russia’s Strategy in Central Asia: Inviting India to Balance China. Strengthening his statement, Kudashev stressed that in the past year, Russo-Indian relations have experienced extraordinary developments. In addition, Indian Prime Minister Narendra Modi and Russian President Vladimir Putin are expected to meet frequently in 2020, including in Moscow’s Red Square for the annual Victory Day celebration, which demonstrates the importance Russia attaches to the meeting.
India is moving away from having a passive foreign policy to the one vigorously advancing its interests, a top American diplomat said on Friday, attributing the trend to New Delhi’s “broadening strategic horizons” over the past two decades.
Government of India is providing Rs 10,500 crore (US$ 1.50 billion) worth of viability gap funding for laying pipeline in Eastern and North-Eastern India.
In 2019, private equity and venture capital investments in India reached an all-time high in terms of both value and volume. In terms of value, investments increased at 28 per cent to US$ 48 billion, compared to US$ 37.4 billion recorded in 2018.
Biorock is the name given to the substance formed by electro accumulation of minerals dissolved in seawater on steel structures that are lowered onto the sea bed and are connected to a power source, in this case solar panels that float on the surface.