Live news updates: Prime Minister Narendra Modi and his Nepal counterpart Sher Bahadur Deuba on Saturday jointly inaugurated cross-border passenger train services, RuPay payment system in Nepal and signed several Memorandums of Understanding. The train services between Jainagar in India and Kurtha in Nepal was inaugurated on Saturday after delegates-level meeting between the two leaders. The passenger train services have been built under India’s Grant Assistance.
Europe vowed to stay united against Russia’s demand that they pay for its gas in roubles, as the threat of an imminent supply halt eased on Friday. European capitals have been bracing for a disruption to gas imports as Russian President Vladimir Putin seeks retaliation over Western sanctions for the Feb. 24 invasion of Ukraine.
India and Australia on Saturday signed an economic cooperation and trade agreement under which Canberra would provide duty free access in its market for over 95 per cent of Indian goods such as textiles, leather, jewellery and sports products. The India-Australia Economic Cooperation and Trade Agreement was inked by Commerce and Industry Minister Piyush Goyal and Australian Minister for Trade, Tourism and Investment Dan Tehan in a virtual ceremony, in the presence of Prime Minister Narendra Modi and his Australian counterpart Scott Morrison.
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