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Putin hosts PM for private tete-a-tete; to hold talks today

December 24, 2015

Moscow, Dec 24: Prime Minister Narendra Modi was hosted by Russian President Vladimir Putin at a private tete-a-tete in Kremlin during which the two leaders touched upon issues of mutual interest for both countries.Capture

"Met President Putin and discussed India-Russia ties. The meeting was fruitful," Modi tweeted after the meeting.

The meeting took place hours after Modi arrived here to a red carpet welcome. Putin also hosted a private dinner for Modi.

"Building Druzhba-Dosti over dinner. President Putin hosts a private tete-a-tete for PM," External Affairs Ministry Spokesperson Vikas Swarup tweeted along with pictures of the two leaders shaking hands.

Modi and Putin will hold 16th India-Russia annual summit talks tomorrow at the Kremlin following which the two sides are expected to sign a number of pacts to expand cooperation in a number of key areas including defence, nuclear energy, hydrocarbons and trade.

The talks between the two countries, bound by "special and privileged strategic ties", have been taking place alternately in Moscow and New Delhi since 2000.

In the nuclear energy sector, India is expected to offer a site in Andhra Pradesh to set up units five and six of Kudankulam nuclear power plant.

The new plants will be in sync with broad principles of 'Make in India' initiative and a decision in this regard is likely to be finalised today.

It is expected that both countries will seal a number of defence deals as well.
Last week, India's Defence Ministry's top acquisition council had cleared the purchase of Russian S-400 Triumf air defence missile systems at an estimated cost of Rs 40,000 crore and there may be an announcement of the deal tomorrow besides a few others.

Besides bilateral issues, Modi and Putin are likely to deliberate on a number of global issues having political dimensions including the situation in Syria and ways to tackle terrorism.

It will be Modi's second summit with Putin who had travelled to New last year for the 15th India-Russia Summit.

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News Network
April 30,2020

Bengaluru, Apr 30: Shares of Glenmark Pharmaceuticals Ltd rose almost 9% on Thursday after the Indian drugmaker got an approval to conduct clinical trials with antiviral drug favipiravir, seen as a potential treatment for COVID-19.

Favipiravir, manufactured under the brand name Avigan by a unit of Japan's Fujifilm Holdings Corp and approved for use as an anti-flu drug in the Asian island country in 2014, has been effective, with no obvious side-effects, in helping coronavirus patients recover, a Chinese official told reporters at a news conference last month.

"After having successfully developed the API and the formulations ... Glenmark is all geared to immediately begin clinical trials on favipiravir on COVID-19 patients in India," Sushrut Kulkarni, executive vice-president for Global R&D, Glenmark Pharmaceuticals, said in a statement. 

The Drug Controller General of India, the country's drug regulator, did not immediately respond to Reuters request for comment.

On Wednesday, another Indian pharmaceutical company, Strides Pharma Science Ltd, said it had developed and commercialized favipiravir antiviral tablets, and had applied to Indian drug authorities to start trials.

Shares of Mumbai-based Glenmark Pharmaceuticals, which rose as much as 8.9% to 359 rupees ($4.78), was trading up 5.9%, as of 0407 GMT.

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Agencies
February 11,2020

New Delhi, Feb 11: People of Delhi have explained the true meaning of nationalism through their mandate, AAP's prominent face Manish Sisodia said as he clinched victory on the Patparganj seat.

Sisodia, who retained his seat for the third time, said the BJP indulged in "politics of hate", but people refused to be divided.

"I am happy to have won the Patparganj seat again. The BJP indulged in politics of hate, but I thank the people of Patparganj. Today, Delhi's people have chosen a government which works for them and explained the true meaning of nationalism through their mandate," he told reporters.

Sisodia, who was the Deputy Chief Minister and led the government's education reforms agenda, defeated BJP's Ravinder Singh Negi by a margin of over 3,500 votes.

The initial trends saw a seesaw battle between Sisodia and Negi.

In 2013, Sisodia had won by a margin of 11,000 votes and in 2015 by over 28,000 votes.

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News Network
April 6,2020

New Delhi, April 6: India recorded the highest number of 704 positive cases of coronavirus in the past 24 hours, said the Union Ministry of Health and Family Welfare on Monday.

With these new cases, the total number of COVID-19 positive cases in India have now climbed to 4,281.

Total deaths stand at 111 including 28 new deaths. So far, 318 COVID-19 patients have been cured across the country.

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