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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
Putin to travel to India in September to attend BRICS Lea...
2026-05-19 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Russian President Vladimir Putin

Russian President Vladimir Putin | Photo Credit: ALEXANDER KAZAKOV

Russian President Vladimir Putin will travel to New Delhi to attend the 18th BRICS Leaders’ Summit scheduled on September 12–13, the Kremlin has confirmed.  

The confirmation was made via a social media post by the Russian Embassy in South Africa on Tuesday, quoting senior Kremlin foreign policy aide Yury Ushakov. The visit will mark Putin’s second trip to New Delhi in less than a year, following his attendance at the 23rd India-Russia Annual Summit in December 2025.

The BRICS Leaders’ Summit, traditionally attended by heads of states of the membership, is set to face a rigorous diplomatic test, especially if there is no let-up in the ongoing Israel-US war with Iran by that time.

The grouping’s Foreign Ministers failed to achieve a joint declaration during their meeting this month amid “differing views” on the situation in West Asia.

The BRICS expanded membership includes Brazil, Russia, India, China, South Africa, Iran, the UAE, Egypt, Ethiopia, Saudi Arabia and Indonesia.

During the FMs meet, Iran and the UAE had locked horns over the latter’s involvement in Israel and the US’ war on Iran. On May 13, Israeli Prime Minister Benjamin Netanyahu said he “secretly visited” the UAE and met its President during the war with Iran.

While the UAE Foreign Ministry swiftly dismissed Netanyahu’s claims as “unfounded,” Iranian Foreign Minister Abbas Araghchi lashed out at the alleged collusion, calling it “unforgivable” and warning that those working with Israel to sow regional division would be held to account.

Published on May 19, 2026