The China Mail - India rolls out red carpet for Russia's Putin

USD -
AED 3.672499
AFN 66.089238
ALL 82.356749
AMD 381.379028
ANG 1.790403
AOA 916.999506
ARS 1434.313704
AUD 1.503567
AWG 1.8
AZN 1.701813
BAM 1.665701
BBD 2.011566
BDT 122.053213
BGN 1.665158
BHD 0.376524
BIF 2951.957553
BMD 1
BND 1.289847
BOB 6.901104
BRL 5.416973
BSD 0.998757
BTN 90.32074
BWP 13.23329
BYN 2.944318
BYR 19600
BZD 2.00867
CAD 1.376165
CDF 2240.000006
CHF 0.79541
CLF 0.023268
CLP 912.798893
CNY 7.054502
CNH 7.04886
COP 3802.48
CRC 499.591197
CUC 1
CUP 26.5
CVE 93.909689
CZK 20.674498
DJF 177.854807
DKK 6.359675
DOP 63.492199
DZD 129.121848
EGP 47.316502
ERN 15
ETB 156.054371
EUR 0.85145
FJD 2.271799
FKP 0.748248
GBP 0.748035
GEL 2.6949
GGP 0.748248
GHS 11.465218
GIP 0.748248
GMD 72.999916
GNF 8686.135738
GTQ 7.649724
GYD 208.949377
HKD 7.782965
HNL 26.294542
HRK 6.416597
HTG 130.909494
HUF 327.50695
IDR 16668
ILS 3.222795
IMP 0.748248
INR 90.56575
IQD 1308.339579
IRR 42122.499219
ISK 126.359681
JEP 0.748248
JMD 159.910063
JOD 0.709013
JPY 155.307972
KES 128.789779
KGS 87.450161
KHR 3998.569202
KMF 419.501057
KPW 899.999687
KRW 1476.680257
KWD 0.3067
KYD 0.83234
KZT 520.883014
LAK 21652.074675
LBP 89437.725693
LKR 308.612114
LRD 176.279212
LSL 16.850259
LTL 2.95274
LVL 0.60489
LYD 5.425155
MAD 9.188356
MDL 16.883559
MGA 4424.439599
MKD 52.420231
MMK 2099.265884
MNT 3545.865278
MOP 8.008704
MRU 39.969851
MUR 45.920408
MVR 15.399154
MWK 1731.876405
MXN 18.00594
MYR 4.088988
MZN 63.91039
NAD 16.850259
NGN 1449.150063
NIO 36.75788
NOK 10.123685
NPR 144.513525
NZD 1.729375
OMR 0.382801
PAB 0.998757
PEN 3.362574
PGK 4.305169
PHP 59.087499
PKR 279.898566
PLN 3.595575
PYG 6708.625741
QAR 3.639964
RON 4.334902
RSD 99.968914
RUB 79.434677
RWF 1453.634939
SAR 3.752203
SBD 8.176752
SCR 14.96291
SDG 601.497933
SEK 9.26201
SGD 1.291125
SHP 0.750259
SLE 24.124961
SLL 20969.503664
SOS 569.769026
SRD 38.547993
STD 20697.981008
STN 20.865803
SVC 8.739013
SYP 11056.681827
SZL 16.844382
THB 31.528502
TJS 9.178477
TMT 3.51
TND 2.919704
TOP 2.40776
TRY 42.698399
TTD 6.777611
TWD 31.290604
TZS 2471.074005
UAH 42.199785
UGX 3549.771752
UYU 39.193977
UZS 12032.380458
VES 267.43975
VND 26303
VUV 121.127634
WST 2.775483
XAF 558.66066
XAG 0.015974
XAU 0.000231
XCD 2.70255
XCG 1.80001
XDR 0.694795
XOF 558.66066
XPF 101.570052
YER 238.504811
ZAR 16.870085
ZMK 9001.188092
ZMW 23.046263
ZWL 321.999592
  • RBGPF

    0.0000

    81.17

    0%

  • SCS

    0.0200

    16.14

    +0.12%

  • VOD

    0.0500

    12.59

    +0.4%

  • CMSD

    -0.1500

    23.25

    -0.65%

  • GSK

    -0.0700

    48.81

    -0.14%

  • AZN

    -0.4600

    89.83

    -0.51%

  • CMSC

    -0.1300

    23.3

    -0.56%

  • RELX

    0.1000

    40.38

    +0.25%

  • NGG

    0.2400

    74.93

    +0.32%

  • BCE

    0.3100

    23.71

    +1.31%

  • RIO

    -1.0800

    75.66

    -1.43%

  • RYCEF

    -0.2500

    14.6

    -1.71%

  • JRI

    -0.0200

    13.7

    -0.15%

  • BCC

    0.2500

    76.51

    +0.33%

  • BP

    -0.2700

    35.26

    -0.77%

  • BTI

    -1.2700

    57.1

    -2.22%

India rolls out red carpet for Russia's Putin
India rolls out red carpet for Russia's Putin / Photo: © POOL/AFP

India rolls out red carpet for Russia's Putin

India's Prime Minister Narendra Modi hosts Russia's President Vladimir Putin at a summit on Friday, with defence and trade ties centre stage as New Delhi faces heavy US pressure to stop buying Moscow's oil.

Text size:

Both leaders will also discuss the geopolitical situation in the wake of the Russian invasion of Ukraine and global trade disruptions triggered by tariffs imposed by US President Donald Trump.

Big ticket defence sales and co-production ventures, energy purchases, and wider economic engagement are on the agenda, Putin's first visit to India since the Ukraine war.

Modi welcomed Putin at the airport on Thursday with a warm hug on a red carpet, before the two rode together in the same car to a private dinner -- mirroring a lift that Putin gave Modi when they last met in China in September.

"India-Russia friendship is a time-tested one that has greatly benefitted our people," Modi wrote in a post on social media, accompanying a photograph of them grinning together inside the vehicle.

It was a symbolic show of friendship, after US President Donald Trump imposed 50-percent tariffs on most Indian products in August, citing Delhi's continued purchases of Russian oil -- revenue Washington argues helps fund the war in Ukraine.

In an interview with India Today, Putin said he was "very happy" to be meeting "my friend" Modi.

"The range of our cooperation with India is huge," he said in remarks translated by the broadcaster, citing ship and aircraft manufacturing, nuclear energy and space exploration.

"This visit is part of India's diversification strategy, both in terms of strategic and economic, especially at a time when the US tariffs have hurt India," Ashok Malik of business consultancy The Asia Group told AFP.

On Friday, Putin is due to be given an honour guard welcome at the presidential palace in New Delhi, before meeting with Modi.

- 'Balancing acts' -

India is walking a diplomatic tightrope -- relying on strategic Russian oil imports while trying not to provoke Trump during ongoing tariff negotiations.

"Balancing acts are second nature to Indian foreign policy making", wrote Pankaj Saran, a former Indian envoy to Russia, writing in the Times of India.

The leaders will also address business and industry leaders before Putin attends a state banquet hosted by the Indian President Droupadi Murmu.

India, the world's most populous nation, has become a major buyer of Russian oil, saving itself billions of dollars and providing Moscow with a much-needed export market after it was cut off from traditional buyers in Europe because of the war.

Putin also told India Today that Modi is "not someone who gives in to pressure", when asked about the impact of US tariffs.

The Russian share of India's arms imports fell from 76 percent in 2009-13 to 36 percent in 2019-23, according to the Stockholm International Peace Research Institute.

Besides discussions around cutting-edge defence hardware, which includes air defence systems, fighter jets, and nuclear submarines, New Delhi will push for easier access to the wider Russian market.

Bilateral trade reached $68.7 billion in 2024-25 -- almost six times higher than the pre-pandemic levels -- but Indian exports accounted for only $4.88 billion.

The two countries are expected to announce an agreement on easier mobility of Indian workers into Russia.

J.Thompson--ThChM