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.
Gold price prediction today: Gold prices seem to be exhibiting weak intraday bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends a sell on rise strategy.
The situation assumes significance as the US-Iran conflict has led to rising global crude oil and energy prices, putting pressure on India’s balance of payments and current account deficit as the import bill goes up.
The move is aimed at making Indian debt markets more attractive to overseas investors while helping shield the economy from the effects of the continuing Iran conflict.
Stock market recommendations: Power Finance Corporation (PFC), and Aequs have been recommended as the top stocks to buy today, June 5, 2026 by Bajaj Broking Research.
Oil prices saw a slight dip Friday as Middle East ceasefire hopes dimmed after Hezbollah rejected a US-backed proposal. Despite this, benchmarks are set for their first weekly gain in three weeks, buoyed by ongoing regional tensions and Strait of Hormuz disruptions. Conflicting signals from the region and declining global inventories are keeping investors cautious,
Russian President Vladimir Putin desires a swift end to the Middle East conflict, refuting claims that Moscow profits from rising energy prices. He emphasized Iran’s resilience and the need to consider its interests in any settlement. Putin also lauded India as a reliable partner, describing the India-Russia relationship as a “special privileged strategic partnership” and
India and the US are nearing a trade agreement, with discussions extending beyond goods to encompass non-tariff measures, customs, and economic security. This comes as the US proposed additional tariffs on several countries, including India, over forced labor concerns. Both nations express optimism about finalizing a mutually beneficial deal soon.
