India's equity benchmarks are set to open higher on Friday, after last session's steep intraday losses, on optimism that a proposed U.S.-Russia presidential meeting next week could ease Washington's stance on India's energy engagement with Russia.

Doval’s meetings in Moscow coincided with US President Donald Trump issuing an executive order that imposed an additional 25 per cent tariff on Indian goods as a penalty for buying Russian oil.

Indian NSA Ajit Doval has confirmed that Russian President Vladimir Putin will be visiting India later this year. This visit marks a pivotal moment in geopolitics, coming just as U.S.-India relations sour over Trump’s harsh new tariffs.