India finalises US$2b deal to lease nuclear-powered submarine from Russia as Putin visits

Russian President Vladimir Putin is set to arrive today in New Delhi. He is set to meet Indian Prime Minister Narendra Modi, with defence and energy deals on the cards. Just hours ago, India secured a US$2 billion deal to lease a nuclear-powered submarine from Russia. Both leaders will reportedly discuss sales of fighter jets and air defence systems, while Moscow hopes to keep selling its oil supplies. India's sustained purchase of Russian oil has strained ties with Washington and prompted US President Donald Trump to hike tariffs. Neha Poonia reports from New Delhi and Dasha Chernyshova reports from Moscow.