Planning to boost joint resources to promote high technology ventures in Russia and India, the Russian Venture Company (JSC RVK), Indian Association of technology parks and business incubators (Authority ISBA) and the Global Venture Alliance (GVA) have signed an agreement to jointly develop technological ventures for mutual benefit

The new agreement would give India real-time access to information from Russia on terrorism and cyber security

The BRICS (Brazil, Russia, India, China and South Africa) nations-led New Development Bank (NDB) will raise $2.5-$3 billion in the next three years to lend to infrastructure projects in emerging markets such as India

India state cabinet has granted ex-facto approval for constitution of the functional secretariat for the Brazil, Russsia, India, China, South Africa (BRICS) summit, 2016, and to delegate all administrative and financial powers

Up to 500 troops on both sides and up to 50 pieces of military equipment, a group of drones and attack and army aviation will be involved in the drills

The parties will announce about a mutual facilitation of the procedure of entry for tourists