Putin Visits India to Strengthen Economic and Defense Ties

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Putin Visits India to Strengthen Economic and Defense Ties
Russian President Vladimir Putin has arrived in India for talks with Prime Minister Narendra Modi. This is his first visit since Russia's war in Ukraine began. The leaders aim to strengthen economic and defense ties between their nations. Key topics include defense cooperation, oil sales, and addressing their trade imbalance. India continues to buy Russian oil and military equipment despite Western sanctions on Russia. In other global business news, Italian police searched the offices of thirteen major fashion brands. The investigation focuses on their supply chains for luxury goods. Meanwhile, hundreds of customers queued in Auckland, New Zealand, for the grand opening of an Ikea store this Thursday. It is the Swedish furniture retailer's first location in the country.