Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
China, Russia tighten ties with apparent gas deal
Business Standard
|September 03, 2025
President Vladimir Putin appears to have secured a diplomatic win he has sought for years, with a massive pipeline deal that would tie Russia and China together for decades and could redefine the global gas trade.
-
The head of Russia's Gazprom PJSC, speaking to Russian media in Beijing, said the gas giant has signed a legally binding agreement to build the longanticipated Power of Siberia 2 pipeline to China via Mongolia.
While Beijing has yet to confirm the details, securing any advance in the project is a diplomatic coup for Putin as Moscow grapples with the impact of Western sanctions.
This story is from the September 03, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
PMO has nudged CIL to invest in critical mineral assets in Australia, says CMD
Coal India Ltd (CIL) is intensifying its diversification beyond coal, and is pushing ahead with plans to invest in overseas critical mineral assets, outgoing Chairman and Managing Director (CMD) PM Prasad said.
1 min
November 01, 2025
Business Standard
Swan eyes ₹875 cr in govt support for Pipavav Shipyard expansion
Swan Defence and Heavy Industries (SDHI), which owns India’s largest shipyard in Pipavav, Gujarat, is eyeing around ₹875 crore in government assistance for the yard’s expansion, according to a top executive.
1 mins
November 01, 2025
Business Standard
Mkts log best month since March
Nifty gained 4.5% in October, settling just 2.1% below its all-time high seen in September last year
1 mins
November 01, 2025
Business Standard
Ingka Investment launches its first RE project in India
Ingka Investment launches its first renewable energy project in the country — a 210 megawatt peak solar installation in Bikaner, Rajasthan.
1 min
November 01, 2025
Business Standard
RBI rejects seven-year bond bids as yields test 6.6%
The Reserve Bank of India (RBI) cancelled the auction for the seven-year government bond on Friday after market participants demanded a yield of around 6.6 per cent — a level the central bank was unwilling to accept, dealers said.
2 mins
November 01, 2025
Business Standard
‘I’d call India a rather boring mkt this year’
With Indian markets yet to hit new highs in 2025, Mark Matthews, managing director and head of research for Asia at Julius Baer, tells Puneet Wadhwa in a fireside chat that India remains the only essential emerging market (EM) for global portfolios. He believes India’s two big strengths are its demographics and jugaad — the “can-do” spirit. Edited excerpts:
3 mins
November 01, 2025
Business Standard
Vedanta net profit plunges 59% on exceptional losses
CORPORATE SCORECARD
2 mins
November 01, 2025
Business Standard
Orkla India booked 48.73x on final day
The initial public offering (IPO) of Orkla India got subscribed 48.73 times on the final day of bidding on Friday.
1 min
November 01, 2025
Business Standard
‘Digital drive, retail surge to power MFs’ next leg of growth’
Even after growing ata blistering pace over the past decade, India’s mutual fund (MF) industry believes it still hasa long runaway for long-term expansion.
4 mins
November 01, 2025
Business Standard
CBIC notifies rules for voluntary correction of Customs entries
The Central Board of Indirect Taxes and Customs (CBIC) has notified new rules allowing importers and exporters to voluntarily correct entries in bills of entry or shipping bills after goods are cleared.
1 min
November 01, 2025
Listen
Translate
Change font size