Russian President Vladimir Putin expressed confidence that bilateral trade with India will reach $100 billion in the coming years, citing growing cooperation in energy, investments, and strategic sectors. He highlighted India's impressive economic growth and described New Delhi as a reliable partner, emphasizing the strong foundation for expanding economic engagement.
Currency market participants said investor confidence improved following the RBI's policy announcements, particularly after the central bank emphasised that India's foreign exchange reserves remain strong enough to cushion the economy against external disruptions.