U.S. trade talks collapsed earlier this year with New Delhi not agreeing to widen market access to its vast agricultural and dairy sectors.

Russia, the world's second largest oil exporter, is weighing how to respond to U.S. sanctions on top oil firms Rosneft and Lukoil and the prospect of lower sales to its biggest buyer, India.

Private sector refining giant Reliance Industries (RIL), which alone accounts for around half of India’s Russian oil imports and sources a bulk of its Russian oil purchases from Rosneft under term deal,

Any recalibration means... paying more for alternative oils,” one expert said. Read more at straitstimes.com. Read more at straitstimes.com.

KALMYKIA (RUSSIA)- Over 50,000 devotees, many of whom waited in queues stretching up to one kilometer, have paid homage at a monastery here which is hosting an exposition of India’s Sacred Relics of Lord Buddha, an official said. The exposition from India has drawn an unprecedented response in the Republic of Kalmykia, Russia, he said.

The Indian side is also looking to add more S-400 squadrons to its inventory and is asking Russia to supply the remaining two squadrons of the missile systems, of which three have already been inducted and operationalised.

Trump reiterated that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying "massive" tariffs if it did not do so