New Delhi, Dec 11 (ANI): Russian President Vladimir Putin met Prime Minister Narendra Modi on Thursday at Hyderabad House in New Delhi, with an aim to take the bilateral relations between both countries to 'newer heights'. Modi and Putin posed for the customary photograph before beginning talks on the various deals that are set to be signed between the two countries. In his talks with PM Modi, both in restricted and delegation level formats, Putin is likely to seek deeper economic engagement with "time-tested" ally India to try to minimize impact of sanctions against Russia by the US and its Western allies over the Ukraine issue. It will be the first annual summit meeting between Putin and PM Modi.