Armenia Financial News

Mint. Mrkrtchyan also said that his country is keen to deepen defence ties with India. “We have cooperation in the defence and we are looking for what to make our cooperation much deeper," he said in response to a question about planned defence deals between the two countries.

Raisina Dialogue will witness the participation of Ministers, former Heads of State and Heads of Government, Military Commanders, Captains of Industry, Technology Leaders, Academics, Journalists, Scholars on Strategic Affairs, Experts from leading Think Tanks, and youth from more than 100 nations. Over the course of three days, decision makers and thought leaders from around the world will engage each other across conversations in various formats, the MEA said in a statement.

₹84,560 crore. In its report, brokerage house Nuvama Institutional Equities stated that the Ministry of Defence had taken a tactical move based on lessons learned.

weapon systems, two South American countries have shown interest in the Pinaka multi-barrel rocket launchers. The Defence Research and Development Organisation (DRDO) is also developing rockets that would be able to strike targets at 120 km and 200 km. The Indian-made Pinaka weapon system is named after the bow of God Shiva and has been developed by the DRDO. «We have already achieved success in the exports of the Pinaka MBRLs to Armenia.

Jaishankar will meet Foreign Minister of Iran, HE Dr Hossein Amir-Abdollahian and hold discussions on bilateral, regional and global issues. "Political cooperation, connectivity initiatives and strong people-to-people ties will constitute important aspects of the agenda," the statement by the ministry added. Jaishankar and Amir-Abdollahian are also likely to discuss boosting regional connectivity through the Chabahar Port.

Vatican City: Pope Francis said in his Christmas message on Monday that children dying in wars, including in Gaza, are the "little Jesuses of today" and that Israeli strikes there were reaping an "appalling harvest" of innocent civilians. In his Christmas Day "Urbi et Orbi" (to the city and world) address, Francis also called the Oct. 7 attack on Israel by Hamas militants "abominable" and again appealed for the release of around 100 hostages still being held in Gaza.

By Philip Pullella

celestial spectacle set to captivate gazers, a momentary eclipse is predicted as an asteroid passes in front of one of the night sky's prominent stars. Betelgeuse, a red supergiant in the Orion constellation, is slated to be obscured by the slowly rotating asteroid Leona, offering a fleeting yet rare glimpse for observers across specific regions. The anticipated event, occurring from late Monday into early Tuesday, will grace the skies along a narrow trajectory from central Asia's Tajikistan and Armenia, traversing Turkey, Greece, Italy, Spain, Miami, the Florida Keys, and parts of Mexico. Astronomers anticipate a window of visibility lasting no more than 15 seconds.

Much like playing a game of Monopoly, a recent study from Tufts University finds that when people are more wealthy, it’s because they’re lucky — a result of just pure randomness.

awards at the International Documentary Festival Amsterdam (IDFA), one of the largest documentary film festivals in the world. Anand Patwardhan’s The World Is Family won the award for best editing in international competition while The Flickering Lights directed by Anirban Dutta and Anupama Srinivasan bagged the IDFA award for best cinematography. Armenian filmmaker Shoghakat Vardanyan’s 1489 won the best film international competition and Palestinian filmmaker Mohamed Jabaly won the best director award for his film Life Is Beautiful. The awards were declared late on Thursday. Besides international competition, the festival handed out awards under Envision Competition, a section devoted to daring cinematic approaches to documentary, short documentaries and youth documentaries among others. The jurors said The World is Family is “a vivid evocation of 100 years of history in less than 100 minutes of cinema”. The film focuses on Patwardhan’s family and their connection to leaders of the Indian independence movement. Flickering Lights portrays life in Tora, a remote village near India-Myanmar border in Manipur without electricity, mobile network, hospitals, or even a functional school, 70 years after independence.

The bank discriminated against Armenian Americans, federal regulators say.

Armenia in South Caucasus is a hidden treasure with its world class wines, pristine valleys, breathtaking views that caters to a variety of tourists and lagro products that would be savoured globally. Not many are aware that the world’s first winery existed in Armenia 6,000 years back and in present-day Armenia it has been revived leading to a craze for tastier home-grown wine even as the locally produced Brandy remains popular in the region and beyond. Over the last decade and a half almost 200 local wine brands have entered the market making a market not only locally but in Russia, Europe and the USA. India is the next preferred target for the Armenian wine industry in the backdrop of emerging strategic partnership. Leading from the front is Armas and its dynamic CEO Victoria Aslanian – vineyards, Winery, Distillery, Hotel and Tasting room. “Wine existed in Armenia since antiquity and the industry has been revived successfully.

Armenia has announced that it is ready to restore gas pipelines that once used to bring natural gas to the country from Azerbaijan even as threats of war still persists. «We had such an experience in the Soviet period.

Armenia is keen to learn from India on how to modernise legacy defence equipment of Soviet and Russian make and operate them alongside defence equipment from the West, a senior defence officer of the Caucasian country has said. «India possesses several Soviet and Russian make defence equipment.

Armenia's IT industry has been experiencing tremendous growth and development and local startups including firms dealing with Artificial Intelligence are seeking active partnerships with Indian counterparts and open chapters in South Asia’s biggest market. Armenia has emerged as an attractive destination for technology companies and startups, thanks to its favorable business environment, skilled workforce and supportive government initiatives, local industry experts told ET. Armenia is home to some of the most industry disrupting startups in the medical crypto, AI, and design fields. With a large pool of tech talent and a history of noteworthy astrophysicists and chess grandmasters, it is no surprise that there are so many successful innovative tech startups.

India, Iran and Armenia has the potential to balance the Pakistan-Azerbaijan-Turkey axis, which has gained momentum with several engagements between Islamabad and Baku this year. The first India-Iran-Armenia trilateral aims to connect Armenia with India via Iran, ET has learnt. During a meeting in the Armenian capital Yerevan this April, the three sides discussed economic projects and regional communication channels, outlined the prospects of deepening cultural and people-to-people contacts as well as trilateral cooperation in various fields. The three countries had then decided to «continue consultations» in the format, sources recalled. The trilateral meeting also discussed the use of the International North-South Transport Corridor (INSTC) as a regional connectivity initiative. Armenia, whose ties with New Delhi are acquiring strategic dimensions, has proposed the Persian Gulf-Black Sea corridor via Iran parallel to INSTC or part of a new branch of INSTC to connect Indian traders with Russia and Europe, sources said. Given the extensive experience of Indian companies in taking part in large-scale infrastructure projects abroad and India's interest in launching the India-Europe transport corridor route via Iran and Georgia, Armenia plans to start negotiations with India to discuss the involvement of Indian funding and Indian companies into the project.

A senior Armenian official visited Delhi recently and held discussions in this regard, said people with knowledge of the matter. India has emerged as a credible weapons supplier as per Armenia's requirements, they said. Details of fresh supplies are not known yet but the consignment could include equipment that would help to create a deterrence amid the conflict-like situation with Azerbaijan, according to observers in Armenia, who did not wish to be identified. The last consignment sent by India to Armenia included Pinaka multi-barrel rocket launchers, anti-tank missiles, rockets and ammunition.

NEW DELHI : Armenia is keen to expand its defence ties with India, its deputy foreign minister Mnatsakan Safaryan said, in the aftermath of its bitter conflict with Azerbaijan. “Armenia is diversifying its defence cooperation and this is a good opportunity to further enhancing Armenian-Indian ties in this field," Safaryan told Mint. The country has appointed a defence attaché to its Embassy in New Delhi in order to scope out potential for further cooperation, he added.

exports which are showing resilience. During January to July 2023, 48 commodities saw significant increase in exports, as per an analysis by MVIRDC WTC Mumbai.

Nikol Pashinyan skipped the CIS summit in Kyrgyzstan last week, Russia-Armenia ties are striving to remain steady as the partnership serves national interests of both countries. While there are fears that Russia-West conflict might “spread to Armenia '' in the backdrop of exodus from Nagarno-Karabah, Armenia and Ukraine are two different situations despite rising differences of opinion between Moscow and Yerevan. Armenia is a member of the Russia-led Collective Security Treaty Organization and has a bilateral defense agreement with Russia. Armenia and Russia have strategic partnership and Armenia currently hosts around 10,000 Russian troops, 5,000 of which are stationed at Gyumri's 102nd Russian military base.

Iran on Tuesday claimed that it played no role in the attack launched by Hamas last Saturday that took Israelis by surprise but there is no denying the fact that Tehran over the years has increased its support and appeal across the Arab world that is dominated by people who profess Sunni sect of Islam. The world's biggest non-Sunni country has become a key factor in the West Asian fault lines creating its proxy groups in Lebanon and Yemen and backing Hamas to take on Israel over the last few decades. It is no secret that Tehran has exploited sentiments and presence of the Shia population in some Gulf states. While the USA and Israel have not yet directly blamed Iran for the October 7 carnage, Tehran came out openly in support of Hamas for carrying out the attacks against Israel.