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The Russian embassy in India criticised the US penalties on New Delhi over trade ties, saying crude oil trade between the two nations will remain unaffected and overall India–Russia trade is expected to grow 10% annually.

The announcement comes as the United States President Donald Trump imposed tariffs on India to put additional pressure on Russia to end its aggression against Ukraine.

Russian President Vladimir Putin and India's Narendra Modi will meet in New Delhi by the end of year, but no dates have been finalised yet, a Russian embassy official in India said on Wednesday.

Narendra Modi said he received a phone call from his “friend” Vladimir Putin, who shared his insights on a recent meeting with Trump in Alaska, in another signal that ties between New Delhi and Moscow remain strong.

A call between the leaders of Russia and India affirmed the countries’ close ties despite Washington’s demands for New Delhi to wean itself off Russian oil. Indian Prime Minister Narendra Modi on Monday thanked his “friend,

India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the principle of "one nation, one tax, one market". It was hailed as the biggest tax reform since independence from Britain in 1947.

The Indian prime minister has said his country "is ready" to react to President Donald Trump's additional 25 percent levy on goods entering the U.S.

India’s Prime Minister Narendra Modi announced tax cuts, pledged policy reform and urged the citizens to design and produce high quality goods at home, in a sweeping Independence Day speech that blasted rising “economic selfishness” in the world.

Indian Prime Minister Narendra Modi said the country won't compromise on the interests of its farmers, fishermen and livestock rearers, a day after President Trump said he was [doubling tariffs on Ind

By Nikunj Ohri, Aftab Ahmed and Aditya Kalra NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi's deepest tax cuts in eight years will strain government revenues but are winning praise from businesses and political pundits who say they will bolster his image in an ongoing trade fight with Washington.