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India-Russia Relationship and BRICS Summit: Gurjit Singh, Sandeep Unnithan, Deepanshu Mohan

Ahead of the high-stakes bilateral meeting between India and Russia at Bharat Mandapam, a panel of experts analysed key diplomatic, economic, and strategic dimensions. Former Ambassador to Germany Gurjit Singh highlighted the dynamics of energy dependency, remarking that 'it is only oil trade which makes the difference' while urging diplomatic engagement on Iranian oil disruptions. Sandeep Unnithan evaluated decades of bilateral defence collaboration, pointing to joint hardware acquisitions, nuclear-powered attack submarines, and the economic fallout of crude oil crossing $100 a barrel amid US pressure. Professor Deepanshu Mohan focused on the BRICS framework, the New Development Bank's role in local currency bond issuance, and the critical importance of digital commerce, MSMEs, and alternative supply chains to uphold India's strategic autonomy.

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IIT Madras Alumni Build OptoSAR Satellite, Plan 30-Satellite Constellation

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PM Modi Meets Vladimir Putin In Delhi: Defence Deals, Trade And Energy On Agenda

Prime Minister Narendra Modi and Russian President Vladimir Putin are scheduled to hold a crucial bilateral meeting on the sidelines of the 18th BRICS summit at Bharat Mandapam in New Delhi. Defence co-production, trade, crude purchases, energy security, cross-border payments in local currencies, nuclear power, connectivity, and pharmaceuticals are featured prominently on the bilateral agenda. Russia has also proposed the sale and India-specific customization of its Su-57 fifth-generation stealth fighter jet alongside showcasing civilian aircraft and jet engines, such as the SJ-100, MC-21, and IL-114-300, for the Indian aviation market. Bilateral trade between the two nations reached a record 68.69 billion dollars in financial year 2025-26. Prime Minister Modi is hosting global leaders at Bharat Mandapam, which serves as the venue for the summit meetings, bilateral interactions, and the BRICS Business Forum. President Droupadi Murmu is also slated to host the visiting heads of state.

BRICS Summit In Delhi: Crucial Bilaterals, Trade Talks And India-Russia Ties In Focus

As world leaders arrive at Bharat Mandapam in New Delhi for the BRICS summit, crucial bilateral meetings including India-Russia and India-Iran are in focus. The discussion highlights that BRICS member nations represent nearly 50 percent of the global population, 40 percent of the global GDP, and 26 percent of global trade. Key expectations from the discussions include securing smooth market access for micro, small, and medium enterprises, drafting uniform international trade standards, and settling cross-border trade in local currencies to minimise current account deficits. The dialogue also explores expanding cooperation between India and Russia across defence joint production, aerospace, fertilizers, and rare earth minerals critical for new-age industries such as semiconductors and electric vehicles. Furthermore, former diplomat Gurjit Singh notes the significant convening power demonstrated by New Delhi as key global partners gather for the multilateral deliberations.

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