Prøve GULL - Gratis
Russia’s top strategic partner
Financial Express Kochi
|December 09, 2025
PUTIN'S VISIT WILL PROBABLY INCREASE TRADE, BUT NOT AT THE EXPENSE OF CHINA
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.
Denne historien er fra December 09, 2025-utgaven av Financial Express Kochi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Kochi
Financial Express Kochi
Can coffee really boost your mood?
We asked experts what coffee actually does to your mood and how to get the most out of a cup of joe.
2 mins
February 08, 2026
Financial Express Kochi
Tech supply chains set for near-term gains
NON-TARIFF BARRIERS EASED
2 mins
February 08, 2026
Financial Express Kochi
Bhakti becomes big business
“THE RISE OF large-scale kirtan concerts such as those led by devotional artiste Radhika Das now fill arenas across Indian metros and international destinations, including Dubai and London. Revenue streams mirror those of mainstream concerts— ticket sales, sponsorships, brand activations, and intellectual property monetisation. It is transforming devotional experiences into premium entertainment formats. We are seeing serious capital flow via real estate sponsors like M3M India, state tourism boards, and lifestyle brands are investing at stadium- concert levels because this format delivers what modern brands seek — high emotional engagement, multi-generational reach, and culturally safe environments that build long-term equity, not just visibility,’ said Kulkarni.
2 mins
February 08, 2026
Financial Express Kochi
Anthropic’s more than $20-bn funding to close as soon as next week
ANTHROPIC PBC IS ironing out the final details on a funding round likely to raise more than $20billion and slated to close as soon as next week, according to people familiar with the matter.
1 min
February 08, 2026
Financial Express Kochi
Is Carlos Alcaraz really brilliant or just ‘lucky’?
CARLOS ALCARAZ DENIED Novak Djokovic a record-breaking 25th Grand Slam singles title at the Australian Open, making history of his own by becoming the youngest man to win all four tennis Majors.
4 mins
February 08, 2026
Financial Express Kochi
SBI posts highest-ever profit of ₹ 21,028 crore in a quarter
AIDED BY CREDIT DEMAND, HEALTHY DEPOSIT MOBILISATION
1 mins
February 08, 2026
Financial Express Kochi
US wants Russia, Ukraine to end war by June: Zelensky
US advises Ukraine, Russia to halt strikes on energy targets
1 min
February 08, 2026
Financial Express Kochi
Reimagining art in the slow lane
From recycled plastics to industrial remnants, how artists are turning discarded materials into thoughtful forms
3 mins
February 08, 2026
Financial Express Kochi
Duty slashed for jewellery, zero for precious stones
US IMPORT TARIFFS on Indian exports of jewellery will be lowered to 18% as per the interim agreement under the US-India Bilateral Trade Agreement (BTA), while the duty on exports of gems and diamonds will fall to zero, bringing relief to the gems and jewellery sector.
1 mins
February 08, 2026
Financial Express Kochi
Lower tariff a boost for textile, leather
THE LOWER US tariffs of 18% on textiles, as per the interim India -US trade agreement, will give Indian exporters a clear edge over rivals, particularly China, in the world’s largest consumption market.
1 mins
February 08, 2026
Listen
Translate
Change font size
