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Bilateral trade between the two countries stood at $87.5 billion in 2012.
A month-long emergency has been imposed by the interim government in Egypt.
Talks were held in the backdrop of an imminent NATO pullout from Afghanistan.
Singh was addressing the nation on India's 67th Independence Day.
Russian President Vladimir Putin visited Baku to meet his Azerbaijani counterpart Ilham Aliyev.
The rupee has fallen around 12 per cent against the dollar since May.
Authorities have issued a warning to all fishing vessels to return to port.
The drills are taking place at the Chebarkul training range in the Ural Mountains in Russia