Russian President Vladimir Putin is visiting India on October 4 and this visit of about 30 hours is considered very important for Global Politics and Trade. This will be his first visit to India after the Ukraine War, in which major decisions on Trade Agreements and Defense Cooperation are possible. In such a situation, the eyes of the world are on which direction India will move amidst Geopolitical Tensions, Tariffs War and changing Global Alliances. Trade Tariffs have been the most important aspect of this whole story. In April, additional tariffs were imposed on more than 100 countries including India and due to buying discounted crude oil from Russia, the pressure of 50% extra tariffs on India increased further. US President Trump continues to warn that India will face severe punishment if it increases trade with Russia. For this reason, India reduced oil purchases from Russia to a great extent, whereas this trade used to give Indian companies a profit of more than Rs 1 lakh crore every year and the Rupee-Ruble Settlement also strengthened the foreign reserve. Now the future of Russian Oil Purchase is also in trouble. Trade numbers of India and Russia also show a big difference. India’s exports to Russia are only US$4.9B while imports reach US$63.8B. With 80–90% of trade in commodities like Crude Oil and Fertilizers, the trade deficit increases manifold. If we look at India-US trade, Export is US$87.3B and Import is US$41.5B, which makes US India’s largest and high-value trade partner. Despite this, India is working on creating new trade alliances. After the Shanghai Summit, there have been signs of improvement in India-China economic relations and regulations are being eased for Chinese firms in many sectors, and work is also going on to increase India’s exports in IT and Biomedicine.

The rise of the dollar and global economic pressures in 2025 have put the Indian rupee under severe pressure. The rupee has fallen by about 4.3% this year, making it the weakest currency in Asia. US tariffs, trade deal uncertainty, higher US interest rates and heavy selling by foreign investors increased demand for the dollar and weakened the rupee further. India’s heavy import dependence, especially on crude oil, electronics and fertilisers, has been increasing the current account deficit. RBI intervened from time to time in the market, but only to control volatility, not to save the fixed rate. Imported inflation is increasing, dollar loans of companies are becoming expensive and prices of energy and industrial goods are going up. This video explains in detail what are the reasons behind the weakness of the rupee, what is its impact on the Indian economy and consumers, and what are the future prospects. It also explains whether this is a prolonged structural slide or the effect of trade shocks of 2025.

The rise of the dollar and global economic pressures in 2025 have put the Indian rupee under severe pressure. The rupee has fallen by about 4.3% this year, making it the weakest currency in Asia. US tariffs, trade deal uncertainty, higher US interest rates and heavy selling by foreign investors increased demand for the dollar and weakened the rupee further. India’s heavy import dependence, especially on crude oil, electronics and fertilisers, has been increasing the current account deficit. RBI intervened from time to time in the market, but only to control volatility, not to save the fixed rate. Imported inflation is increasing, dollar loans of companies are becoming expensive and prices of energy and industrial goods are going up. This video explains in detail what are the reasons behind the weakness of the rupee, what is its impact on the Indian economy and consumers, and what are the future prospects. It also explains whether this is a prolonged structural slide or the effect of trade shocks of 2025.