Page 374 - Latest Updates on Ukraine peace talks

Russia continues to batter Ukraine; both sides say ready for more talks

Russia renewed its assault on Ukraine's second-largest city in a pounding that lit up the skyline with balls of fire over populated areas, even as both sides said they were ready to resume talks

Biden flubs during 1st State of Union, calls Ukrainians 'Iranian people'

Biden appears to have made a gaffe during his maiden State of the Union speech, calling Ukrainians the "Iranian people" while urging them to stand united against the "unprovoked" Russian aggression.

Amid Russian invasion, UN says Ukraine refugee surge soon to hit 1 mn

UNHCR had previously projected that as many as 4 million people might flee Ukraine, but noted that the agency will be re-evaluating its forecast

Japan offers to take in Ukrainian refugees amid Russian invasion

Japan's prime minister says his country will accept refugees from Ukraine, as Russia invades its eastern European neighbour.

Exxon's exit from Russia amid Ukraine war puts ONGC Videsh in a fix

Exxon Mobil Corp's decision to exit Russia has put India's flagship overseas firm ONGC Videsh in a fix as it is a partner in the global energy giant-operated Sakhalin-1 oil fields in Far East Russia

Investors' wealth tumbles Rs 86,742 cr as stocks plunge amid Ukraine crisis

Investors' wealth tumbled Rs 86,741.74 crore on Wednesday, mirroring weakness in the global equity markets amid escalating tensions between Russia and Ukraine.

US sanctions on Russia won't affect IAF significantly, says Vice Chief

The Indian Air Force (IAF) will not be significantly impacted by the US sanctions on Russia and India's relations with both the countries remain strong, Vice Chief Air Marshal Sandeep Singh said

Economic dangers from Russia's Ukraine invasion ripple across globe

Moscow's war on Ukraine and the ferocious financial backlash it's unleashed are not only inflicting an economic catastrophe on President Vladimir Putin's Russia.

Honda suspends exports to Russia, more Japanese automakers could follow

Western companies have spurned Moscow following the invasion, stopping sales in Russia and even saying they would exit investments there

How will Russia be hit if wealthy nations stopped buying its oil?

Russia produces close to 11 million barrels per day of crude oil. It uses roughly half of this output for its own internal demand

Crude oil price soars to $113 a barrel as Russia-Ukraine conflict worsens

Brent crude oil price soared to $113 a barrel on Wednesday, the highest level in nearly eight years, due to disruptions in supply amid escalating Russia-Ukraine tensions.Brent crude oil price surged to $113.02 per barrel in London. Brent crude, also known as London Brent, makes up more than half of the world's globally traded supply of crude oil.West Texas Intermediate (WTI) crude oil price jumped to $111.50 a barrel.Crude oil prices have spiralled in the last one week after Russian President Vladimir Putin ordered a military operation in Ukraine.The tensions between Russia and Ukraine are escalating with each passing day. Russia has continued bombardments of Ukrainian cities. Western countries, led by the United States, have tightened sanctions on Russia.

Top headlines: Grover accused of money laundering; Biden warns Putin

Business Standard brings you the top headlines on Wednesday

China says it won't join US, its allies in financial sanctions on Russia

China won't join the United States and European governments in imposing financial sanctions on Russia, the country's bank regulator said

India will not spare any effort to bring home its citizens from Ukraine: PM

Prime Minister Narendra Modi said India could evacuate its citizens stranded in war-hit Ukraine because of its rising power.

Banks concerned as trade settlements with Russia stall in face of sanctions

The extent of the payments that are stalled is not clear at the moment and RBI is trying to assess it

OPEC, allies weigh oil output amid steep hikes, Russian invasion

The OPEC+ coalition of oil producers led by Saudi Arabia and non-cartel members led by Russia are weighing whether to increase oil production by 400,000 barrels per day in April

Able to evacuate citizens from Ukraine because of India's rising power: PM

'We're making all efforts to evacuate people stuck in Ukraine under Operation Ganga,' says PM Modi at a poll rally in Uttar Pradesh's Robertsganj

Apple CEO Tim Cook tells employees to donate for Ukraine relief

Apple CEO Tim Cook has said that the tech giant will match employee donations two-to-one in an email sent to employees addressing the ongoing crisis in Ukraine.

Ukraine crisis: UK piles on further sanctions on Russia, Belarus

Britain has piled on further sanctions against Russia and also imposed a first wave of punitive measures against Belarus for its role in the invasion of Ukraine.

Kremlin says Russia ready to resume talks with Ukraine today evening

A Kremlin spokesman says a Russian delegation will be ready on Wednesday evening to resume talks with Ukrainian officials about the war in Ukraine.