Vladimir Putin visits to India $2 billion investment fund Finalised 10 agreements Two military contracts, worth about Rs. 20,000 crore Some issues of disagreement also there To take the initial steps towards operating a “ranging station” that will help accurately fix the location of satellites. Equity participation through ONGC-OVL On Russian president Vladimir Putin’s visit to India, both nations moved further to strengthen their economic relations by inking a pact on a Kremlin-backed $2 billion investment fund and consenting to open talks on a Comprehensive Economic Partnership Agreement (CEPA) that will also involve Belarus and Kazakhstan. At the 12th annual summit, the two countries finalised 10 agreements. Among them were two military contracts, worth about Rs. 20,000 crore.

To encourage investments b/w the two nations, India’s State Bank of India (SBI) and Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) came together to ink an MoU for setting up a$2 billion investment consortium. Both the groups would invest up to $1 billion each in the consortium.

India signs military deal with Russia

• 
  Vladimir Putin visits to India
  $2 billion investment fund
  Finalised 10 agreements
  Two military contracts, worth about Rs. 20,000 crore
  Some issues of disagreement also there
  To take the initial steps towards operating a “ranging station” that will help accurately fix the location of satellites.
  Equity participation through ONGC-OVL

On Russian president Vladimir Putin’s visit to India, both nations moved further to strengthen their economic relations by inking a pact on a Kremlin-backed $2 billion investment fund and consenting to open talks on a Comprehensive Economic Partnership Agreement (CEPA) that will also involve Belarus and Kazakhstan. At the 12th annual summit, the two countries finalised 10 agreements. Among them were two military contracts, worth about Rs. 20,000 crore.

Keshavan bags gold in Asian Championship

Shiva Keshavan of India has won gold medal in luge and has set a new Asian record of 49.590 seconds in the Asian Championship.

What is Luge?

It is a small one- or two-person sled on which one sleds supine (face up) and feet-first. Luge is one of the most dangerous sports in the Olympic games, and the athletes who race down an icy, high-banked track at up to 90 mph (140 km/h). Luge is also an Olympic sport.


Team members: Teams of 1 or 2

Participants compete against a timer; the best timer wins the top position. Lugers compete against a timer and are timed to a thousandth of a second, making luge one of the most precisely timed sports in the world.