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Ukraine's second biggest city, Kharkiv, suffered heavy bombardment on Wednesday as Russia's week-long invasion was denounced by the United Nations in a historic vote
Ocean rates may double or triple to $30K/ container & air freight costs are set to jump even higher
The last time the Security Council convened an emergency session of the General Assembly was in 1982, according to the UN website
Gains likely with working of a crucial corridor, revival of Rupee-Ruble trade and benefits for Indian insurers; setback for New Delhi's financial sector foray into Moscow
At a media briefing, Russian Ambassador-designate Denis Alipov also referred to a bilateral mechanism to do business in national currencies
Three more C-17 aircraft of the Indian Air Force (IAF) with approximately 300 evacuees from Ukraine will land at the Hindon airbase by 8 am on Thursday, sources said
Crude palm oil is also at an all-time high of $1,854 per tonne
Ukraine war-induced commodity price spike could derail mfg rebound in India
The adoption of the General Assembly resolution is symbolic of the opinion of the larger UN membership on Russia's actions against Ukraine
Even before Putin's troops invaded Ukraine, the global economy was straining under a range of burdens: Surging inflation, tangled supply chains, tumbling stock prices
The latest Economic Survey for FY22 projected economic growth at 8-8.5 per cent assuming crude oil prices at $70-$75 per barrel
The US Commerce Department also announced additional export controls on oil and gas extraction equipment that would hurt Russia's refining capacity over the long term
Banks will get 10 days to complete the processing of payments to avoid near-term problems for businesses
From carrying out safety assessments to setting up of temporary bases, airlines are taking elaborate steps to ensure quick and efficient passage to students fleeing Ukraine
Student from Punjab suffers stroke, second death of Indian in Ukraine in two days
Banks await RBI, govt's advisory on transactions with Russian companies
The UNGA resolution was similar to the one circulated in the 15-nation Security Council last Friday, on which also India had abstained
Analysts expect the divergence to continue as Russia remains one of the world's top producers and exporters of energy and industrial metals.
Fall in refining margins and likely sharing of subsidy burden are key overhangs
India has taken an 'unbiased' position based on assessment of the situation in Ukraine and not because it is dependent on Russian arms, Russian Ambassador-designate Denis Alipov said