As the White House tries to curb Moscow's energy income, Vladimir Putin enjoys a warm welcome in India, and promises an "uninterrupted supply" of Russian fuel.

Asserting that India is a model of high growth and low inflation, Prime Minister Narendra Modi on Saturday said the country's 8.2 per cent growth in the second quarter of this fiscal shows that it is becoming the growth driver of the global economy.

India’s economic growth will accelerate to at least 7% this year as fundamentals remain robust despite global uncertainties, Finance Minister Nirmala Sitharaman said on Saturday.

RBI Governor said India has entered a rare Goldilocks period, with inflation at historic lows and GDP growth above 8%, creating a stable, high-growth macro environment.

India’s central bank lowered its benchmark policy rate by 25 basis points to 5.25% on Wednesday, matching expectations from economists. The Reserve Bank of India’s monetary policy committee delivered the reduction unanimously,

The recent India-Russia Annual Summit signals a potential shift. Experts highlight the significance of new trade agreements, but caution that while enhanced cooperation with Russia can provide some relief,

Russian President Vladimir Putin arrives in India for annual summit, talks with Prime Minister Narendra Modi. To continue reading, log in or subscribe.