Essayer OR - Gratuit

Russia’s top strategic partner

Financial Express Pune

|

December 09, 2025

PUTIN'S VISIT WILL PROBABLY INCREASE TRADE, BUT NOT AT THE EXPENSE OF CHINA

- ANITA INDER SINGH

DESPITE THE HUGS and hyperbole at the first India-Russia summit to be held since Moscow invaded Ukraine in February 2022, Russia’s top strategic priority remains China, not India.

The meetings between Prime Minister Narendra Modi and President Vladimir Putin on December 4 and 5 carried significant diplomatic and strategic weight, as arms, oil, and trade stood out in their discussions.

Arms supplies

Russia’s arms supplies to India have stood out in their relationship for some 50 years, and it remains India’s largest weapons retailer. But India was trying to diversify its arms sellers even before 2022, and Russia currently supplies about 36% of India’s weapons, with France and Israel in the second and third places respectively.

Russia’s war in Ukraine explains why deliveries of arms and spare parts to India have stalled over the last three years. It has failed to deliver two instalments of the S-400 Triumf missile, which India ordered in 2018, and which Modi hailed for its performance in the anti-terrorist Operation Sindoor against Pakistan last May. Moscow has subsequently said it will deliver them in 2026-27, but that remains to be seen. Meanwhile, India is reportedly keen to buy the more advanced S-500 and Su-57 fighter aircraft. But Delhi must contend with the fact that Russia is bogged down in Ukraine, which Moscow wants to conquer. This intention will not change and will continue to affect Russia’s weapons deliveries to India.

PLUS D'HISTOIRES DE Financial Express Pune

Financial Express Pune

Delhi air quality slips to 'very poor'

AFTER TWO DAYS' reprieve, Delhi's air quality again slipped to 'very poor' with a 24-hour average AQI of 307.

time to read

1 min

December 12, 2025

Financial Express Pune

OMEGA trophy returns for 4th edition in Gurugram

OMEGA HELD THE fourth edition of the OMEGA Trophy at the DLF Golf and Country Club in Gurugram, drawing golfers from across the country for the annual tournament.

time to read

1 min

December 12, 2025

Financial Express Pune

SBI to launch YONO 2.0 on Monday

From biometric security to multilingual access, we are ensuring that every Indian feels at home in our digital ecosystem

time to read

1 mins

December 12, 2025

Financial Express Pune

Rupee sinks to fresh low on outflows, trade impasse

THE RUPEE SLIPPED to anew record low on Thursday due to foreign capital outflows and delay in a trade deal with the US.

time to read

1 mins

December 12, 2025

Financial Express Pune

Prada set to launch ₹84,500 Kolhapuri-inspired sandals

Signs pact with two govt-backed leather agencies

time to read

2 mins

December 12, 2025

Financial Express Pune

Europe's Mediaset favours Paramount's Warner Bros bid

ONE OF EUROPE'S biggest broadcasting groups favours Paramount Skydance in its $108.4 billion hostile bid for Warner Bros.

time to read

1 min

December 12, 2025

Financial Express Pune

Centre plans second paper on Al-generated content

AFTER RECOMMENDING

time to read

1 mins

December 12, 2025

Financial Express Pune

Poll panel extends SIR deadline in five states, one UT

FORTHE SECOND time since October when it announced the schedule for the Special Intensive Revision of electoral rolls, the Election Commission Thursday extended the deadline for electors in five states — Tamil Nadu, Gujarat, Madhya Pradesh, Chhattisgarh and Uttar Pradesh — and the Union Territory of Andaman and Nicobar Islands to submit enumeration forms in the ongoing exercise.

time to read

2 mins

December 12, 2025

Financial Express Pune

Easier audit standards for smaller firms soon

ICAI prepares new less-intrusive norms for closely held units, seeks NFRA approval

time to read

1 min

December 12, 2025

Financial Express Pune

RBI relaxes transaction account norms for banks

THE RESERVE BANK of India (RBI) on Thursday released the final guidelines on transaction account directions and introduced key relaxations while maintaining the overall principle-based framework, easing bank norms related to opening and maintenance of cash credit, current and overdraft accounts.

time to read

1 mins

December 12, 2025

Listen

Translate

Share

-
+

Change font size