Russia India Trade Surge in Roubles and Rupees | Business and Finance News episode artwork

EPISODE · Sep 3, 2026 · 1 MIN

Russia India Trade Surge in Roubles and Rupees | Business and Finance News

from The Daily News Now! Business

Russia and India are rewriting global trade rules, with 96% of their commerce now powered by rouble-rupee transactions—fast, secure, and completely sanction-proof. Trade surged to a record $70 billion this year, triple pre-Ukraine levels, fueled by India’s oil purchases at steep discounts. Sberbank India’s head confirms lightning-fast payments—most under 10 minutes, many in under 60 seconds—with 22 Russian and 17 Indian banks powering the system. Even PM Modi publicly celebrated the deepening partnership during his meeting with Putin, signaling this isn’t just business—it’s a strategic economic alliance taking shape. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/baf9ff507ed33d39

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Russia India Trade Surge in Roubles and Rupees | Business and Finance News

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