India to support Russia in developing Far East region: PM Modi

06 Sep 2021 CW Team

Prime Minister Narendra Modi announced that India would be a partner of Moscow in achieving its vision in developing the Far East region of the country.

While addressing at the Eastern Economic Forum, PM Modi recalled his 2019 visit to Vladivostok and lauded the vision of Putin for the redevelopment of the Far East region.

In the 2019 visit, PM Modi revealed that New Delhi would give USD 1 billion loans to help the economic development of the region.

He also signed a memorandum to set up a direct marine corridor between Vladivostok and Chennai.

During his speech, he informed that the biggest shipyards of India would associate with Zvezda to build a few significant commercial ships in the world.

The Prime Minister highlighted the value of the mutual relationship and said the India-Russia energy partnership could help bring stability to the energy market worldwide. He said that India has a skilled and dedicated workforce, and the Far East is abundant in resources.

Therefore, there is enormous scope for Indian talent to offer to the Russian Far East development.

PM Modi also invited the governors of 11 areas of the Russian Far East to visit India. Earlier, Harsh Shringla, Foreign Secretary, met Sergei Lavrov, Russian Foreign Minister, and other senior executives in Moscow.

The Prime Minister said that during his initial trip, one of the main aims of the trip was to discuss supporting economic cooperation in the Russian Far East.

Image Source

Infrastructure Transport

07 Apr 2026

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..