New Delhi: A sliding rupee is not a weak rupee even as it breaches the psychological barrier of 90 per US dollar, but it is expected to recover with a trade deal likely to be completed before March 2026, a report said. Russian President Vladimir Putin will visit India this week for a summit with Prime Minister Narendra Modi aimed at boosting energy, defence and economic ties, as Moscow seeks to secure oil sales amid tightening Western sanctions, a research report from the SBI’s Economic Research Department said.

However, it said, India’s crude imports are set to hit a low as the USA tightened sanctions and India’s imports of Russian oil appear to taper. “Lingering uncertainty over the Indo-US trade deal is keeping sentiments fragile. However, we expect trade deal likely to be completed b

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