India-Russia

December 20, 2024 10:23 AM

Putin once again hails strength of India’s growing economy under PM Modi

Russian President Vladimir Putin on Thursday once again acknowledged India's growing economic prowess while highlighting his government's continued efforts to keep the overall economic situation in the country normal and stable despite the long and ongoing conflict with Ukraine. "International financial and economic institutions have placed Russia first in Europe in terms of economic volume, purchasing power parity, and fourth in the world. Ahead are China, the United States, and India." "We o...

November 11, 2024 1:26 PM

Russian Business Centre to open in New Delhi

The Russian Embassy in India is set to inaugurate the Russian Business Center on November 12, an initiative led by the Business Council for Cooperation with India and Synergy Corporation, New Delhi. The Embassy highlighted that the main objectives of opening the center are to develop business ties between India and Russia, promote export cooperation, and provide a platform for interaction between the business communities. The center will include a co-working space for events, regional b...

November 11, 2024 1:08 PM

India-Russia trade to reach USD 100 billion by 2030, says EAM Jaishankar

India's External Affairs Minister Dr. S. Jaishankar on Monday projected that bilateral trade between India and Russia would surpass USD 100 billion by 2030, calling it a realistic and achievable goal. Speaking at the India-Russia Business Forum in Mumbai, Jaishankar said: "Our bilateral trade is today at USD 66 billion. This makes the goal of reaching USD 100 billion by 2030 more than realistic. The balance of trade however needs urgent redressal since it is so one-sided. It is imperative that ...