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During the course of this approximately 50-minute-long phone call, President Putin briefed PM Modi on the status of negotiations between Russia and Ukraine.
Over 700 Indian students are stuck in Sumy and they are running out of basic necessities like food and water and they have been urging the Indian government to get them evacuated from there.
Thousands of Indian students are stranded in Kharkiv and other eastern parts of Ukraine amidst heavy fighting.
Officials said the plan was to get Russian banks and companies to open accounts with a few state-run banks in India for trade settlement, a banking source involved in the discussions said.