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Putin meets Modi; ties set for upgrade
December 05, 2025
|Financial Express Delhi
ON THURSDAY, RUSSIA'S largest bank Sberbank and JSC First Asset Management launched anew mutual fund — First-India — offering investments linked to the performance of the Nifty50 index, in what could give Russian retail investors direct exposure to India's buoyant stock market.
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The bank, which has just two branches in India at present, is also gearing up to expand its presence in India by opening eight more branches soon, and establish a wholly owned subsidiary (WOS) in two to three years.
Putin's India visit, the first since the war began in Ukraine, will also see a pledge by Russia to increase harmonisation of standards and reduction of regulatory barriers to enable higher India exports.
The two countries are eyeing bilateral trade worth $100 billion by 2030, up from about $69 billion in 2024-25.
“Tt (bilateral trade) is very skewed and needs to be more balanced. We need to bring more diversity in our trade bas-
هذه القصة من طبعة December 05, 2025 من Financial Express Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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Financial Express Delhi
Permissionless is new power
THE BUREAUCRATIC CORPORATION, THAT GRAND RELIC OF THE 20TH CENTURY, IS FAST APPROACHING EXTINCTION
4 mins
December 11, 2025
Financial Express Delhi
Trump, seeking economic reset, insists smart people back tariffs
PRESIDENT DONALD TRUMP said people were \"starting to learn\" the benefits of his tariff regime as he sought to convince voters his administration was moving to address affordability concerns, taking to the road in hopes of countering a mounting political vulnerability.
1 mins
December 11, 2025
Financial Express Delhi
Fast adoption, not invention, to define AI winners: Nadella
MICROSOFT CHAIRMAN AND Chief Executive Satya Nadella on Wednesday said that the winners of the global AI race will be determined by how quickly countries and companies adopt the technology rather than who invents it.
1 min
December 11, 2025
Financial Express Delhi
When a commander lost control
OVER THE LAST THREE YEARS, PIETER ELBERS HAS STEERED INDIGO'S MARKET SHARE DOMINANCE IN THE INDIAN AVIATION INDUSTRY
3 mins
December 11, 2025
Financial Express Delhi
Kotak expects Nifty to rise 13% by 2026
KOTAK SECURITIES IS seeing a 13% upside from the current level for the Nifty 50 and expects it to hit 29,120 level by December 2026 in its base case scenario.
1 mins
December 11, 2025
Financial Express Delhi
India's offer is the best we've ever got: USTR
· US team in Delhi for trade deal talks
1 min
December 11, 2025
Financial Express Delhi
India-EU deal blueprint almost ready, says Goyal
FTA TRACKER
1 mins
December 11, 2025
Financial Express Delhi
US court reverses $1-bn order against Byju Raveendran
A US BANKRUPTCY court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn - the parent firm of edtech platform Byju's.
1 min
December 11, 2025
Financial Express Delhi
Digi payments: SBI & BoB get nod to set up intelligence arm
STATE BANK OF India (SBI) and Bank of Baroda (BoB) have received approval from the Reserve Bank of India (RBI) to form section-8 companies under the Companies Act, 2013 for digital payments intelligence platform called Indian Digital Payment Intelligence Corporation (IDPIC), lenders informed the exchanges on Wednesday.
1 min
December 11, 2025
Financial Express Delhi
UK MSMEs major gainers from FTA
BUSINESSES FROM THE UK are deepening their engagement with Indian medium, micro and small enterprises (MSMEs) with 58% of UK firms in India are classified as MSMEs, a report by Grant Thornton shows.
1 min
December 11, 2025
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