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‘Economic Giant’: Putin’s Praise For India After Trump’s ‘Dead Economy’ Dig

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Russian President Vladimir Putin said despite “economic giants” like India and China as members, groupings like the BRICS do not discuss world domination

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**EDS: THIRD PARTY IMAGE** In this screengrab from a video released on Sep 01, 2025, Russian President Vladimir Putin during the plenary session of the 25th SCO Heads of State Council Summit, in Tianjin, China. (@Narendra Modi via PTI Photo)(PTI09_01_2025_000045B)

**EDS: THIRD PARTY IMAGE** In this screengrab from a video released on Sep 01, 2025, Russian President Vladimir Putin during the plenary session of the 25th SCO Heads of State Council Summit, in Tianjin, China. (@Narendra Modi via PTI Photo)(PTI09_01_2025_000045B)

Describing India as “economic giant”, Russian President Vladimir Putin on Wednesday said the multipolar world has no hegemon and everyone has equal rights.

Putin said despite “economic giants” like India and China as members, groupings like the BRICS do not discuss world domination.

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“The multipolar world has no hegemon, everyone has equal rights. Despite having economic giants like India and China as members, groupings like BRICS do not talk about the idea of domination of politics or global security,” Putin told reporters at the end of his visit to Beijing for the Shanghai Cooperation Organization (SCO) summit, where he interacted with the host, Chinese President Xi Jinping, and Prime Minister Narendra Modi.

His remarks come amid India’s tariff tussle with the United States and growing tensions between the two countries resulting from failed negotiations over a vital trade deal. The Trump administration has imposed a 50 percent tariff on Indian goods, justifying it as “punishment” over New Delhi’s purchase of Russian crude oil.

Putin said his “formal and informal” talks with Chinese leaders have been “useful” and had “positive” outcomes. “While leading EU (European Union) economies fall into recession, global ones are moving ahead, especially in the Asia-Pacific,” he said. “Formal and informal talks with leaders in China have been useful and had positive outcomes.”

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Oindrila Mukherjee

Oindrila Mukherjee is a senior sub-editor who works for the rewrite and breaking news desks. Her nine years of experience in print and digital journalism range from editing and reporting to writing impactful st…Read More

Oindrila Mukherjee is a senior sub-editor who works for the rewrite and breaking news desks. Her nine years of experience in print and digital journalism range from editing and reporting to writing impactful st… Read More

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