New Delhi: The Union government on Thursday refuted a news report that claimed India has signed a deal to lease a $2 billion nuclear-powered submarine from Russia .

Terming the report as "misleading", the Press Information Bureau (PIB) said in a fact-check post on X that no new deal had been signed between the two countries.

The PIB statement clarified that the submarine lease referred to in the story, which was published by news agency Bloomberg, is based on a contract signed almost six years ago, in 2019. The delivery of the submarine is scheduled for 2028, it added.

The Bloomberg report, which appeared just ahead of Russian President Vladimir Putin's two-day visit to Delhi on Thursday, had said that India was preparing to finalise a $2-billion lease for a nuclear-powered attack

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