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Adani Group's obsession with the Indian group has been questioned by Western media following a series of reports accusing the company of financial irregularities.
The Northern Sea Route (NSR) is a key element of Russia's Arctic strategy. The Northern Sea Route provides a shorter, more cost-effective shipping route between Europe and Asia, bypassing the traditional route around the Cape of Good Hope through the Suez Canal.
In the first quarter of this year, India recorded a notable increase in exports to Russia by 22%, totaling $1.2 billion, and Russia rose to 28th place in the list of countries sourcing Indian products.
The crash of Iran's presidential helicopter has sparked panic among investors
The Russian president said the US imposed tariffs on Chinese electric cars to suppress competition
On Monday, Iran and India signed a 10-year agreement on the development and management of Iran's Chabahar port. The strategic move is aimed at creating a trade route for India to bypass rival Pakistan and reach landlocked Central Asia.
The Afghan government's proposal to create an oil export route from Russia to South Asia through its territory will not only boost Afghanistan's economy but also strengthen ties with neighboring countries in the energy sector.
Russia has emerged as India's second-largest trading partner, with trade volume reaching $65 billion last year. Now, the South Asian country's top diplomat has stressed that this is not a temporary phenomenon.
The move could weaken the global monetary system, a fund spokesperson said.
The president says the decision to switch primarily to rubles and renminbi was "timely" and led to a major upturn in trade.
New Delhi's top diplomat reacts to Washington's threat of possible sanctions over recent strategic agreement with Tehran
Both companies are under investigation by several countries over allegations that their products contain toxic chemicals.
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