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New Zealand inks pact with IIT Delhi, to invest NZ$400K for India plans

Demonstrating its overall commitment to India, New Zealand on Tuesday announced an investment of 400K NZ dollars towards internationalisation and student mobility initiatives. These include further engagement with the New Zealand Centre at IIT Delhi to include fellowship grants and the re-launch of the partial scholarships under the New Zealand Excellence Awards. Around 10 different projects are currently going on at the IIT Delhi's New Zealand centre.

Russia, India negotiating on free trade agreement

Visiting Russian Minister of Trade and Industry, Denis Manturov, said on Monday that India and Russia are deliberating on a free trade agreement (FTA), a move which could enhance commercial relations between the two nations.