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NDTV
3 hours ago
- Business
- NDTV
Russia Advancing Long-Term Economic Ties With India, Key Partners: Putin
Moscow: Russian President Vladimir Putin on Friday said Moscow's action plan for long-term cooperation till 2030 with India should be finalised shortly. Speaking at the St Petersburg International Economic Forum's plenary session, Putin announced that Moscow is advancing long-term economic cooperation plans with its key partners, including India. "Let me remind you that we agreed to prepare long-term cooperation plans with key partners," Putin said while emphasising that "action plans, including those with countries like India, should be completed shortly." "We have already set a goal to boost oil and gas exports. To achieve this, we will develop relations with partners, remove trade barriers, explore new market niches, build infrastructure, and deepen investment cooperation," he said. The St Petersburg International Economic Forum (SPIEF) 2025 often dubbed as 'Russian Davos' this year has the theme "Shared Values: The Foundation of Growth in a Multipolar World." Putin denied that China and Russia are forming a new multipolar world order. "A new world order is emerging naturally, like the rising sun. There's no way to halt it, our role is to formalise this process and facilitate it, ensuring it develops in a more balanced way that aligns with the interests of the vast majority of nations," Putin said. India at the SPIEF was represented by the Union Minister for Railways, Information and Broadcasting, and Electronics and IT, Ashwini Vaishnaw. Mr Vaishnaw, who is also the minister for Information and Broadcasting, delivered keynote addresses at two significant sessions. Speaking at a session 'The Future of Artificial Intelligence', he highlighted India's advancements in AI and its vision for ethical and inclusive technological growth. While addressing the India-Russia Business Forum, he emphasised the deepening economic ties between the two countries and exploring new avenues for collaboration. Mr Vaishnaw had several meetings with Russian Federal Ministers, leading industrialists, technology leaders, and investors. These discussions focused on enhancing India-Russia cooperation in critical sectors including Logistics & Transportation, Infrastructure Development, Railway Modernisation, Information Technology & Artificial Intelligence. These engagements underscored "India's commitment to fostering strategic partnerships with Russia, particularly in technology-driven and infrastructure domains, aligning with the vision of Atmanirbhar Bharat (Self-Reliant India) and global digital transformation," a press release from the Embassy of India in Moscow said. His visit marks a significant step in reinforcing the longstanding India-Russia relationship, paving the way for mutual growth and innovation, it added.
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Business Standard
3 hours ago
- Business
- Business Standard
Russia advancing long-term economic cooperation plans with India: Putin
Russian President Vladimir Putin on Friday said Moscow's action plan for long-term cooperation till 2030 with India should be finalised shortly. Speaking at the St Petersburg International Economic Forum's plenary session, Putin announced that Moscow is advancing long-term economic cooperation plans with its key partners, including India. Let me remind you that we agreed to prepare long-term cooperation plans with key partners," Putin said while emphasising that "action plans, including those with countries like India, should be completed shortly." We have already set a goal to boost oil and gas exports. To achieve this, we will develop relations with partners, remove trade barriers, explore new market niches, build infrastructure, and deepen investment cooperation, he said. The St Petersburg International Economic Forum (SPIEF) 2025 often dubbed as 'Russian Davos' this year has the theme Shared Values: The Foundation of Growth in a Multipolar World. Putin denied that China and Russia are forming a new multipolar world order. A new world order is emerging naturally, like the rising sun. There's no way to halt it, our role is to formalise this process and facilitate it, ensuring it develops in a more balanced way that aligns with the interests of the vast majority of nations, Putin said. India at the SPIEF was represented by the Union Minister for Railways, Information and Broadcasting, and Electronics and IT, Ashwini Vaishnaw. Vaishnaw, who is also the minister for Information and Broadcasting, delivered keynote addresses at two significant sessions. Speaking at a session 'The Future of Artificial Intelligence', he highlighted India's advancements in AI and its vision for ethical and inclusive technological growth. While addressing the India-Russia Business Forum, he emphasised the deepening economic ties between the two countries and exploring new avenues for collaboration. Vaishnaw had several meetings with Russian Federal Ministers, leading industrialists, technology leaders, and investors. These discussions focused on enhancing India-Russia cooperation in critical sectors including Logistics & Transportation, Infrastructure Development, Railway Modernisation, Information Technology & Artificial Intelligence. These engagements underscored "India's commitment to fostering strategic partnerships with Russia, particularly in technology-driven and infrastructure domains, aligning with the vision of Atmanirbhar Bharat (Self-Reliant India) and global digital transformation, a press release from the Embassy of India in Moscow said. His visit marks a significant step in reinforcing the longstanding India-Russia relationship, paving the way for mutual growth and innovation, it added.
Time of India
17 hours ago
- Business
- Time of India
India advocates democratisation of AI: Union minister Ashwini Vaishnaw
India on Thursday presented its vision for artificial intelligence at the St Petersburg International Economic Forum (SPIEF) 2025, with Union Minister for Railways, Information and Broadcasting, and Electronics and IT, Ashwini Vaishnaw delivering a keynote address at a high-level session titled "At the Forefront of Technology: The Future of AI & Global Competition." Addressing a distinguished gathering of global delegates, including representatives from Central Asian countries, the minister outlined India's inclusive and transformative approach to AI. In his speech, Vaishnaw emphasized the need for the democratization of AI , underscoring India's commitment to making the technology accessible and beneficial to every citizen. "Equity and accessibility are central to our AI vision," he said, highlighting how India aims to ensure that AI's advantages reach across all sections of society, industries, and geographical regions. He elaborated on India's national AI strategy through the INDIAai Mission , which is grounded in the principles of ethical, transparent, and responsible innovation. The mission, he said, aligns closely with India's broader socio-economic goals, placing a strong emphasis on inclusive development and sustainability. A major focus of the minister's address was India's young, tech-savvy population. Vaishnaw highlighted how the country is strategically nurturing an AI-skilled workforce to fuel innovation and economic growth. This talent pool, he suggested, would play a pivotal role in positioning India as a leading global force in AI development and application. On the sidelines of the forum, Vaishnaw also held a bilateral meeting with Russia's Deputy Prime Minister, Alexei Overchuk. The two leaders discussed expanding collaboration in key sectors such as transport, connectivity, infrastructure development, and rare earth minerals--areas critical to both countries' strategic and technological futures. The minister's visit to SPIEF 2025 reinforced India's rising prominence as a technology-driven nation. By championing a human-centric and inclusive AI future, India is not only shaping the global discourse on artificial intelligence but also deepening its engagement with key international partners.
India Gazette
a day ago
- Business
- India Gazette
India advocates democratisation of Artificial Intelligence: Ashwini Vaishnaw at Russia Forum
St Petersburg [Russia], June 19 (ANI): India on Thursday presented its vision for artificial intelligence at the St Petersburg International Economic Forum (SPIEF) 2025, with Union Minister for Railways, Information and Broadcasting, and Electronics and IT, Ashwini Vaishnaw delivering a keynote address at a high-level session titled 'At the Forefront of Technology: The Future of AI & Global Competition.' Addressing a distinguished gathering of global delegates, including representatives from Central Asian countries, the minister outlined India's inclusive and transformative approach to AI. In his speech, Vaishnaw emphasized the need for the democratization of AI, underscoring India's commitment to making the technology accessible and beneficial to every citizen. 'Equity and accessibility are central to our AI vision,' he said, highlighting how India aims to ensure that AI's advantages reach across all sections of society, industries, and geographical regions. He elaborated on India's national AI strategy through the INDIAai Mission, which is grounded in the principles of ethical, transparent, and responsible innovation. The mission, he said, aligns closely with India's broader socio-economic goals, placing a strong emphasis on inclusive development and sustainability. A major focus of the minister's address was India's young, tech-savvy population. Vaishnaw highlighted how the country is strategically nurturing an AI-skilled workforce to fuel innovation and economic growth. This talent pool, he suggested, would play a pivotal role in positioning India as a leading global force in AI development and application. On the sidelines of the forum, Vaishnaw also held a bilateral meeting with Russia's Deputy Prime Minister, Alexei Overchuk. The two leaders discussed expanding collaboration in key sectors such as transport, connectivity, infrastructure development, and rare earth minerals--areas critical to both countries' strategic and technological futures. The minister's visit to SPIEF 2025 reinforced India's rising prominence as a technology-driven nation. By championing a human-centric and inclusive AI future, India is not only shaping the global discourse on artificial intelligence but also deepening its engagement with key international partners. (ANI)
Time of India
a day ago
- Business
- Time of India
India advocates democratisation of AI: Union minister Ashwini Vaishnaw
India on Thursday presented its vision for artificial intelligence at the St Petersburg International Economic Forum (SPIEF) 2025, with Union Minister for Railways, Information and Broadcasting, and Electronics and IT, Ashwini Vaishnaw delivering a keynote address at a high-level session titled "At the Forefront of Technology: The Future of AI & Global Competition." Addressing a distinguished gathering of global delegates, including representatives from Central Asian countries, the minister outlined India's inclusive and transformative approach to AI. In his speech, Vaishnaw emphasized the need for the democratization of AI , underscoring India's commitment to making the technology accessible and beneficial to every citizen. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. "Equity and accessibility are central to our AI vision," he said, highlighting how India aims to ensure that AI's advantages reach across all sections of society, industries, and geographical regions. He elaborated on India's national AI strategy through the INDIAai Mission , which is grounded in the principles of ethical, transparent, and responsible innovation. Live Events The mission, he said, aligns closely with India's broader socio-economic goals, placing a strong emphasis on inclusive development and sustainability. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories A major focus of the minister's address was India's young, tech-savvy population. Vaishnaw highlighted how the country is strategically nurturing an AI-skilled workforce to fuel innovation and economic growth. This talent pool, he suggested, would play a pivotal role in positioning India as a leading global force in AI development and application. On the sidelines of the forum, Vaishnaw also held a bilateral meeting with Russia's Deputy Prime Minister, Alexei Overchuk. The two leaders discussed expanding collaboration in key sectors such as transport, connectivity, infrastructure development, and rare earth minerals--areas critical to both countries' strategic and technological futures. The minister's visit to SPIEF 2025 reinforced India's rising prominence as a technology-driven nation. By championing a human-centric and inclusive AI future, India is not only shaping the global discourse on artificial intelligence but also deepening its engagement with key international partners.
