Narendra Modi invites Russian Federation to set up defence industrial park in India

Alexander Avilov  Moskva News Agency

India agreed a deal with Russian Federation to buy S-400 surface to air missile systems on Friday as New Delhi disregarded U.S. warnings that such a purchase could trigger sanctions under USA law.

Kremlin Spokesman, Dmitry Peskov, says the deal was signed during Russian President Vladimir Putin's visit to New Delhi for an annual summit.

India has signed more than $15 billion in USA defence contracts since 2008, including for C-130J and C-17 transport aircraft, P-8I maritime patrol aircraft, Harpoon missiles and Apache and Chinook helicopters.

India's decision to purchase the S-400, which shoots down any incoming enemy aircraft and missiles, flies in the face of the United States imposing sanctions on countries buying Russian military hardware, as happened with China last month.

US officials have said there is no guarantee of a waiver from the Trump administration, which has imposed sanctions on China's military for the purchase of the same system. Rostec CEO Sergey Chemezov said that "The S-400 supply agreement with India is a new landmark in the history of military-technical cooperation between our countries".

The deal was wrapped amid the USA warning that punitive sanctions will be imposed against a country which executes significant business deals with the Russians.

Under a new U.S. law, purchase of Russian defence equipment invites sanctions, but New Delhi has pinned hopes on a USA waiver. "India gives priority to its relations with Russia", ANI quoted Modi as saying at a joint press conference.

The two countries have a little time to hash things out: the US sanctions kick in when India starts paying for the missile systems, not from the time a deal is reached, experts said.

Peace talks commence on Korean peninsula
Nauert said the meetings in Japan, South Korea and China were meant to brief counterparts on the talks in Pyongyang. North Korea, Lee stressed, was willing to give up its nuclear weapons for peace and prosperity.

Google confirms Pixel 3 preorders will start 9 October, hints at colours
The feature was first added to Pixel 2 and Pixel 2 XL , and allow users to launch Google Assistant just by squeezing the device. The Pixel 3 and the Pixel 3 XL are going to be launching this month during an event that will take place in New York City.

Hoffenheim vs. Manchester City live stream
Sergio AGUERO scored goal number 8 of the season in Manchester City's 2-1 win against Hoffenheim in the Champions League . Aguero has had a hand in more Champions League goals for the Citizens than any other player (32 - 26 goals, six assists).

India and Russian Federation are also considering Rupee-Ruble arrangement for bilateral payments and transactions.

Vladmir Putin is India on a two-day India visit.

Welcoming Indian firms to invest in Russia, Putin said the two nations share longstanding ties.

Russian Federation is a major energy partner of India, he said, adding there is a need to increase cooperation in new and renewable energy also. He also said that the two leaders discussed the resulting situation after United States withdrawal from Iran nuclear deal. "India has a very sophisticated policy of separating the relationship between India and the USA and India and the Russian Federation. When we send Harley Davidson motorcycles and other things to India, they charge very, very high tariffs", said Trump.

The bilateral talks between the two leaders are going on.

Eight agreements were also signed between the two sides at the end of the talks.

"Our two countries have common interests in cooperating on countering terrorism, on developments in Afghanistan and Indo Pacific, climate change, and in organisations such as the SCO, BRICS, the G20 and ASEAN", Modi said.

Related news:

Hot News

isis-killer-beheading-video-story-top Jose Mourinho 'set to be sacked' as Manchester United manager this weekend
Oct 06, 2018 - 15:49
United face Newcastle at Old Trafford on Saturday having won only four of their first 10 games in all competitions. Glazers are known to support managers at the club until things go completely out of hand.

isis-killer-beheading-video-story-top Klopp believes Napoli loss can inspire Liverpool against Man City
Oct 06, 2018 - 15:48
Klopp has been described as Pep Guardiola's nemesis but the German insisted there is no magic formula to beating City. Liverpool had some good news of their own with midfielder Naby Keita receiving a positive update on his fitness.

isis-killer-beheading-video-story-top 'Jersey Shore's' Mike 'The Situation' Sorrentino Gets 8 Months For Tax Evasion
Oct 06, 2018 - 15:46
From the " Jersey Shore " house to a jailhouse? The brothers had initially pleaded not guilty , but went on to change their pleas. Multiple news outlets have reported that Michael Sorrentino's legal team is seeking probation, while prosecutors want 14 months.

isis-killer-beheading-video-story-top Backed by senators, Kavanaugh on track for U.S
Oct 06, 2018 - 15:46
Republicans appear to be cruising to a 51-49 victory for Kavanaugh's confirmation vote, which could come as early as Saturday. As Manchin addressed the media after making his announcement, protesters shouted over him in anger: "Look at us.

isis-killer-beheading-video-story-top Melania Trump visits Kenya and Malawi on Africa tour
Oct 06, 2018 - 15:44
Afterwards she donned a white hat and took a short safari in Nairobi National Park, passing by zebras, giraffes and other animals. First lady Melania Trump on a safari at Nairobi National Park in Nairobi , Kenya, on today.

isis-killer-beheading-video-story-top Americans Can't Opt Out of Today's 'Presidential Alert'
Oct 05, 2018 - 03:38
It took 38 minutes for the Emergency Management Agency to rescind the alert, which was the result of human error. At 2:18 pm ET (or shortly after), you should see a text-based notification similar to a weather or AMBER alert .

isis-killer-beheading-video-story-top Rap Mogul Marion 'Suge' Knight Pleads to Manslaughter Days Before Murder Trial
Oct 05, 2018 - 03:25
Under the plea deal, separate charges against Knight of robbery and making criminal threats will be dismissed. Dre" Young founded the wildly popular Death Row Records label together in 1991.

isis-killer-beheading-video-story-top Canadians duty-free limit increases to $150 following USMCA deal
Oct 05, 2018 - 02:48
The United States and China, Guajardo added, "are locked in an entirely different conflict, something that won't be short term". The new deal-the United States-Mexico-Canada-Agreement-replaces the Clinton-era NAFTA .

isis-killer-beheading-video-story-top China inserted surveillance microchips in servers used by Amazon, Apple, report says
Oct 05, 2018 - 02:45
Check out the full story and see the statements from the named companies here. A spokesperson said: " China is a resolute defender of cybersecurity".

isis-killer-beheading-video-story-top Cut in petrol, diesel prices shows government's sensitiveness: Shah
Oct 05, 2018 - 02:11
Diesel is being sold at Rs 75.45 per litre in New Delhi , Rs 79.79 per litre in Chennai and Rs 77.30 per litre in Kolkata. Finance Minister Arun Jaitley , who made the announcement, pegged the excise duty cut impact at Rs 10,500 crore.

isis-killer-beheading-video-story-top Trump told Saudi King he wouldn’t last ‘2 weeks’ without United States support
Oct 04, 2018 - 03:31
The climb in oil prices comes even as Saudi Arabia reported, according to Reuters, that its oil production is near a record. Al-Falih also said that production would be "slightly higher" in November compared to October levels.

isis-killer-beheading-video-story-top Amazon introduces Fire TV Stick 4K with Alexa Voice Remote in India
Oct 04, 2018 - 01:52
Fire TV Stick 4K is available for pre-order on Amazon.com for $50 and will start shipping on October 31 in the U.S. and Canada. Indeed, when you visit the product page for the Fire TV Gen. 3 , it recommends you buy a new $49 Fire TV Stick 4K instead .

isis-killer-beheading-video-story-top USA ends treaty normalizing relations with Iran after ICJ ruling
Oct 04, 2018 - 01:43
The treaty was signed long before Iran's 1979 Islamic Revolution which ended friendly relations between the countries. A new series of sanctions is due to go into effect November 4 aimed at sharply curtailing Iranian oil exports.

isis-killer-beheading-video-story-top Trevor Noah pokes fun at Melania Trump's visit to Africa
Oct 04, 2018 - 01:29
Melania Trump receives flowers during an arrival ceremony after landing at Kotoka International Airport in Accra October 2, 2018. SAUL LOEB/AFP/Getty Images Melania Trump holds a baby during a visit to the Greater Accra Regional Hospital in Accra.

isis-killer-beheading-video-story-top Ricin detected in mail sent to Trump, Pentagon
Oct 03, 2018 - 03:57
A defense official told AFP the packages were addressed to Defense Secretary Jim Mattis and Navy chief Admiral John Richardson. At least two packages suspected of containing the deadly poison ricin have been sent to the Pentagon this week.