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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Trade | 'If Russian economy is allowed to crumble, it will be extremely bad news for the West'
Description: The Ukraine war has brought India and Russia closer in terms of increased bilateral trade, especially with India purchasing large amounts of discounted oil from the country from the last fiscal year on. However, India's exports to Russia are not rising. Neither has the rupee trade mechanism picked up.In this State of the Economy podcast, businessline's Amiti Sen speaks to Dr Biswajit Dhar, an economist and former professor at JNU, about the historic bond between the two countries and the Soviet Union's role in developing India's economy. While discussing the dynamics of India-Russia relations, they also...