"First of all, we have clearly stated that our objective is energy security of 1.4 billion people of India and India's cooperation with Russia...So the US decision is unfair, unreasonable and unjustified. Now government will continue taking measures which will protect the national interes
"India is now in the TOP 3 of Russian trading partners, says Russian Deputy PM Denis Manturov after meeting with India's top diplomat Subrahmanyam Jaishankar."
External Affairs Minister S Jaishankar has said that bilateral trade in goods between India and Russia has increased more than five-fold from USD 13 billion in 2021 to USD 68 billion in 2024-25, and the trade imbalance should be addressed urgently.
Evgeniy Griva, Russia's Deputy Trade Representative to India, said oil import prices could fluctuate by 5% amid tariffs. He added that trade between India and Russia is expected to grow around 10%, with Indian exports of machine tools, electronics, pharma, and chemicals increasing rapidly.
Evgeniy Griva, the Russian deputy trade representative said on Tuesday that that despite the pressure on Russia and its economy, there is an increase in cooperation especially in the financial sphere when it comes to the Rupee-Ruble payments between India and Russia and highlighted that d
Former Indian diplomat KP Fabian on Wednesday slammed NATO Secretary General Mark Rutte over his warning of possible secondary sanctions on India, China, and Brazil for maintaining trade ties with Russia, saying Rutte was "speaking out of turn" and "talking through his hat," as he has no
At the 25th Session of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technical, and Cultural Cooperation held in the national capital, Manturov stressed the importance of enhancing collaboration through large-scale congress and exhibition events in both countr
Talking to ANI during the official visit of Prime Minister Narendra Modi to Russia, Kostin said, "Our bank, our task is to help our the companies and the Indian companies who want to trade with Russia to promote business to promote economic relationship, and I think there's a lot we can do.
"I would like to highlight the progress we have and trade, which is in excess of a turnover of USD 50 million, and we believe that this is something whose potential is now only beginning to be visible. It is important that we give it a more sustainable character, and we discussed how we s
EAM Jaishankar said India and Russia have benefited enormously from the relationship that the two nations share and added that the developments in various sectors, including trade, investment and military-technical cooperation showcase a good sense of importance that New Delhi attaches to