India-Russia relations, a strategic partnership since 2000, remain robust amid global tensions. Bilateral trade hit $68.7 billion in FY 2024-25, driven by discounted Russian oil imports, with a $100 billion target by 2030. President Putin’s December 4-5, 2025, visit to New Delhi for the 23rd annual summit with PM Modi focuses on defence deals like additional S-400 systems and Su-57 fighters, alongside trade pacts and energy ties. Recent agreements include logistics support and labour mobility.

High-Level Talks

The Nifty Defence rose 0.41% to 7,841.65 as markets reacted positively to the visit of Vladimir Putin to India for the 23rd India–Russia Annual Summit, hosted at the invitation of Narendra Modi. Expectations of fresh defence cooperation lifted investor sentiment.

This is Putin’s f

See Full Page