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Ukraine crisis: Russia hikes rates by 20%, rouble plunges nearly 30%

The main interest rate will rise to 20 per cent, its highest this century, from 9.5 per cent to counter the risks of the rouble's rapid depreciation and higher inflation

Indian Oil no longer accepts Russian crude oil on free-on-board basis

The letter was sent on Monday to traders who submit cargo offers into IOC's regular crude oil buy tenders

Banks weigh on Wall Street after new Russia sanctions; Dow falls 440 points

The S&P 500 fell 44.39 points, or 1.01%, to 4,340.26, the Nasdaq Composite slipped 81.87 points, or 0.60%, to 13,612.75

Legal spat over paint: Airbus hits back at Qatar with $220-mn A350 claim

The counter-offensive is the latest salvo in a months-old contractual and safety dispute that has brought ties between Qatar and one of France's most high-profile firms to a low

Mumbai court restrains Future Enterprises from selling stake in Generali JV

IDBI Trusteeship went to court as it was representing certain foreign bondholders who subscribed to Future companies that had defaulted

US targets Russia's central bank in latest sanctions action

The United States on Monday blocked Americans from engaging in any transactions involving Russia's central bank

IOC no longer accepts Russian, Kazakh crude on FOB basis: Report

Indian Oil Corp will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend cargoes on a free-on-board basis due to insurance risk

Oil soars as Russian energy supply fears intensify amid Western sanctions

Brent crude rose $2.65, or 2.7%, to $100.58 by 1255 GMT after touching a high of $105.07 a barrel in early trade

Wall Street set to slide as Western sanctions on Russia hit world markets

As an economic crisis loomed in Russia, the fallout of tougher sanctions from the West imposed over the weekend rippled out across financial markets

Crypto exchange Binance blocks Russian users targeted by sanctions

Since 2019, Binance has allowed users to deposit and withdraw Russian roubles via payments company Advcash

Western sanctions on Russia ripple across world markets, rouble tanks

As an economic crisis loomed in Russia, the fallout of tougher sanctions from the West imposed over the weekend rippled out across financial markets

Ceasefire talks begin four days after Russian invasion of Ukraine

Russia-Ukraine talks begin at Belarus border; over 500,000 refugees have fled Ukraine, says UN

UN climate report urges world to adapt now, or suffer later

'Delay means death' says UN secretary general Guterres; change impacting world faster than anticipated, breaching 1.5C threshold will cause irrepairable damage, says report

Airbnb to provide housing for up to 100,000 Ukrainian refugees, says CEO

Home rental company Airbnb Inc said its non-profit arm Airbnb.org would offer free, temporary housing for up to 100,000 refugees fleeing Ukraine

Exxon Mobil faces new pressure over dealings with Russia's Rosneft

Exxon holds a 30% stake, alongside Rosneft, Japan's SODECO and India's ONGC Videsh, in Sakhalin Island oil and gas fields in Russia's Far East

Commodities up as Russia's nuke alert, West's sanctions spur supply worries

Oil, grains rise; aluminium at record high, nickel up on Russian supply worries, fears of food inflation as wheat, corn, edible oil prices rally

Oil prices soar as Western sanctions and pressures on Russia mount

Brent crude rose $4.16, or 4.3%, to $102.09, at 0915 after hitting a high of $105.07 a barrel in early trade

Ukraine conflict: HSBC orders staff to drop Russian banks VTB, VEB

HSBC has little direct exposure in Russia, with its CFO telling reporters last Tuesday it has around 200 employees and annual revenues of $15 mn there, a fraction of its global income of $50 bn

Future Group firms' stock jumps as Reliance plans retail stores' takeover

Shares of Future Supply Chain Solutions, Future Retail, Future Lifestyle Fashions, Future Consumer and Future Enterprises rose between 7% and 16%

Ukraine conflict: BP exit opens new front in West's campaign against Russia

Companies with Russian assets under pressure; some Russian banks shut out from SWIFT; EU, Canada, Britain shut airspace to Russia