{
  "id": 16713588,
  "title": "India-Russia trade grew by 20 per cent this year: Russian State Duma Chairman",
  "url": "https://urgent.news/2026/10/27/india-russia-trade-grew-by-20-per-cent-this-year-russian-state-duma",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T05:41:15.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/foreign-trade/india-russia-trade-grew-by-20-per-cent-this-year-russian-state-duma-chairman/articleshow/135225558.cms"
  },
  "original_language": "en",
  "account": "Russian State Duma Chairman Vyacheslav Volodin reported that India-Russia trade had increased by over 20% in the current year during his meeting with Lok Sabha Speaker Om Birla in Delhi. The meeting took place ahead of the 12th BRICS Parliamentary Forum, which is scheduled to take place on October 26-27. The discussions focused on enhancing trade, industry, and agricultural cooperation, as well as strengthening parliamentary ties. According to data from Russia's Commerce Ministry, bilateral commerce reached $47.7 billion in the first seven months of 2026, marking a 24.3% increase compared to the previous year. Indian imports from Russia amounted to $44.9 billion, with crude oil accounting for $36 billion of that amount. Indian exports to Russia totaled $2.8 billion, with Moscow increasing purchases of various goods including chemicals, electrical equipment, medical supplies, seafood, tea, and spices. Volodin praised Russian President Vladimir Putin and Indian Prime Minister Narendra Modi for their role in strengthening bilateral relations, stating that lawmakers should provide legislative support for decisions made at the state-level.",
  "summary": "India imported $44.9 billion of Russian goods during the period, including $36 billion in crude oil. Indian exports to Russia totaled $2.8 billion, with Moscow increasing purchases of chemicals, electrical goods, medical equipment, seafood, tea, and spices.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}