Top headlines: India skips UNSC vote on Russia, LIC IPO pricing in limbo

Russia-India defence sales face looming sanctions. More on that in our top headlines.

India abstains on UNSC resolution that 'deplores' Russian aggression

India abstained on a US-sponsored UN Security Council resolution that "deplores in the strongest terms" Russia's "aggression" against Ukraine, with New Delhi saying dialogue is the only answer to settling differences and disputes and voicing "regret" that the path of diplomacy was given up. The resolution did not pass since permanent member Russia, and President of the Security Council for the month of February, used its veto. The resolution received 11 votes in favour and three abstentions, including by India, China and the UAE. Read more
 

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