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Russian government approved a list of countries and territories that are 'unfriendly' with Russia and has imposed sanctions
China views Taiwan, a self-ruled island, as a rebel province that must be reunified with the mainland, even by force
The ongoing conflict between Ukraine and Russia will burden domestic steelmakers with high input costs, according to rating agency Icra. However, the tension between the countries provides exports opportunities to the Indian steel players, the rating agency said in a statement on Monday. "Russia-Ukraine conflict to heighten input cost pressures, but also open up export opportunities for Indian steel companies. Sanctions on Russia could open new export opportunities for Indian steel mills in geographies like Europe, the Middle East and the USA, which could face supply shortages in the near term," it said. Notwithstanding the input cost pressures, the industry earnings are expected to remain healthy in the next 12 months and its outlook for the industry remains positive, Icra further said. The domestic steel demand is also pegged to grow at 7-8 per cent in FY2023 on the back of an estimated growth of 11-12 per cent in FY2022, supported by the government's large infrastructure spendin
The Russian invasion of Ukraine, and the flurry of punitive sanctions have the potential to cull India's imports on one hand and also lead to input cost pressure on downstream companies in India Inc
Indian Air Force flight carrying Indian evacuees including Harjyot Singh, an Indian national who sustained bullet injuries in Kyiv, Ukraine arrived at the Hindon airbase in Delhi at 6
Union Minister of State for External Affairs V Muraleedharan said the Centre was able to bring back around 16,000 Indians from the war-torn Ukraine and hope to evacuate the rest in days to come.
Russia-Ukraine fallout for India may be severe
U.K. lawmakers are set to pass a bill on Monday aimed at toughening sanctions on Russia and rooting out ill-gotten money from the British economy.
Google on Monday announced to invest nearly $700 million in the purchase and development of The Warsaw HUB, a modern office complex right in the heart of Poland's capital city.
Civilian flights are expected to bring back 400 Indian nationals from Suceva, Romania, under 'Operation Ganga' on Tuesday.
PM Modi spoke to Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy and sought their support in the safe and quick evacuation of the Indian students stuck in Sumy city.
The rupee tanked 84 paise to close at its lifetime low of 77.01 (provisional) against the US dollar on Monday as intensifying geopolitical risks
Western nations have piled sanctions on Moscow, driving prices higher across a range of commodities
Russian President Vladimir Putin assured PM Modi that his forces are doing everything to evacuate the stranded Indian citizens, mostly students, from the war-torn eastern Ukrainian city of Sumy
The United Nations' refugee agency says the number of people who have fled the war in Ukraine has increased to more than 1.7 million.
PM Narendra Modi on Monday spoke to Russian President Vladimir Putin and conveyed to him the importance of the safe evacuation of Indian citizens from war-torn Ukraine's Sumy at the earliest
Congress leader Rahul Gandhi alleged that it has no plan for the return of the Indian students stranded in Ukraine or on China, unemployment, inflation and the fall of the rupee
Ukrainian President Volodymyr Zelenskyy said on Monday that he has informed Prime Minister Narendra Modi about the need to counter the "Russian aggression" against his country
"It has been 10 days (since) we have been waiting here but there is no ray of hope (as to) when we will be evacuated," says a distraught Indian student stranded in the embattled Ukrainian city of Sumy
The price of oil jumped about USD 10 a barrel and shares were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent crude oil surged more than 12 per cent during the day in Asia, while benchmark US crude gained about USD 10 at more than USD 125 a barrel. The latest market turmoil followed a warning from Russian President Vladimir Putin that Ukrainian statehood was imperiled as Russian forces battered strategic locations. A temporary cease-fire in two Ukrainian cities failed over the weekend and both sides blamed each other. France's CAC 40 dipped 3.6 per cent in early trading to 5,841.82, while Germany's DAX lost nearly 4.1 per cent to 12,564.78. Britain's FTSE 100 dropped 2.0 per cent to 6,848.87. U.S. shares were set to drift lower with Dow futures down 1.6 per cent at 33,048.00. S&P 500 futures fell 1.7 per cent to 4,252.00. The price of gold, which is viewed as an investor safe haven in times of crisis, ...