LONDON - A flagship British government scheme to boost mortgage lending must not become permanent like in the United States, outgoing Bank Governor Mervyn King said on Saturday.
FRANKFURT - New solar installations reached a fresh record of 7.5 gigawatts (GW) in Germany in 2011, playing into the hands of advocates for steeper cuts in tariff subsidies to reduce growth of solar power and the resulting higher costs for consumers.
Russia to sell India helicopters, jet kits worth $2.9 billion
NEW DELHI |
NEW DELHI (Reuters) - Russia will sell India 71 military helicopters for $1.3 billion and technological kits to assemble 42 Sukhoi jet fighters for $1.6 billion, Kremlin officials said after a visit by Russian President Vladimir Putin to New Delhi on Monday.
Russia Helicopters and India's Elcom Systems Private Ltd will also set up a joint venture that will manufacture helicopters, the sources and India's foreign ministry said.
(Reporting by Alexei Anischuk; Writing by John Chalmers; Editing by Devidutta Tripathy)
- Tweet this
- Share this
- Digg this