Modi, India and Putin
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An Indian economic slowdown in 2026 may pressure gold prices due to increased liquidation of gold-backed collateral, warns WGC.
The 23rd India-Russia annual summit drew considerable international attention, with both leaders signaling their determination to inject new energy into a relationship that dates back more than 80 years.
India’s unexpectedly strong economic growth last quarter has reduced chances of an interest rate cut at this week’s central bank’s policy meeting despite record-low inflation.
India's economy grew at its fastest pace in 18 months in the July-September period, lifted by robust consumer spending and front-loading of production ahead of local festivals and punitive U.S. tariffs.
The 23rd Russia-India Summit comes at a pivotal moment as the US pushes for a Ukraine peace deal while seeking global cooperation.
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