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By the end of the 1970s, the USSR had become India's greatest trading partner - a legacy that was to last well into the next century.
China National Petroleum Corp (CNPC) is China’s top oil and gas producer and owns the pipelines.
The Indian prime minister has left for crucial state visits to Moscow and Beijing.
India and China are also expected to sign a key border defence agreement during Singh’s visit.
Raw sugar prices jumped more than 6 per cent to a one-year high before stabilising at 2.6 per cent gain.
Russia is the world's top oil producer while China is the biggest oil importer.
The American ship was detained off the Tuticorin coast last weekend by the Indian Coast Guard.
India's benchmark BSE Sensex rose by 297.70 points or 1.46 per cent to 20,713.21 on Friday morning.
Iron ore is the key ingredient in steel-making and is the world’s second most traded commodity after oil.
GDP totalled 38.68 trillion yuan ($6.3 trillion) in the first nine months.
