Page 405 - Latest Updates on Ukraine peace talks

Investors may move part of their savings into gold amid equities' risk

Gold imports have risen sharply to $40.5 bn in the April-January of FY22 which is the highest ever for the country in the past comparable periods

Russia's actions in Ukraine cannot be labelled as 'occupation': Kremlin

Russia said it was not talking about the "occupation" of the Ukrainian territory, but made it clear that the ongoing special military operation's timeframe would be determined by Putin

Indian passengers from Ukraine can return via Qatar, says govt

The Centre on Thursday said Indian passengers from Ukraine can return via Qatar, with aviation industry experts stating that civilian flights will restart from Ukraine only when its airspace opens. Currently 20,000 Indians, mostly students, are stranded in Ukraine. Since the Ukrainian airspace is closed due to the Russian military offensive, it is currently not clear how they are to travel from Ukraine to Qatar to take Qatar-India flights, which are operating normally. The authorities of the eastern European country issued a NOTAM (notice to airmen) Thursday morning stating that civilian flights within Ukraine "are restricted due to potential hazard for civil aviation". The Indian Embassy in Qatar said on Twitter, "Government of India, Ministry of Civil Aviation has allowed passengers traveling from Ukraine to travel by transit under India-Qatar bilateral air bubble arrangement." This means that the passengers coming from Ukraine to Qatar will be able to board flights operating ..

'Panic, chaos and confusion' as Ukrainians watch war knock on their doors

Kyiv Mayor called on the city's 3 million people to stay indoors unless they worked in critical sectors and said everyone should prepare go-bags with necessities such as medicine and documents

France's Macron vows 'no weakness' in reply to Russia's Ukraine invasion

French President Emmanuel Macron says France and its European allies did everything to try to head off the attack on Ukraine. He said that they will show no weakness in their response. Macron said in a televised address to the nation Thursday that Russia's attack is a turning point in European history and as a result there will be profound consequences for our continent and changes in our lives. He said that to this act of war, we will reply without weakness, we will reply calmly and in a determined and united manner. We have tried everything to avoid this war but it is here and we are ready, Macron said. He said that sanctions will be proportionate to Russia's military operations, targeting its economy and its energy sector. We will show no weakness, Macron said. We will take all measures necessary to defend the sovereignty and stability of our European allies. Bratislava: The Slovak government has authorised the deployment of up to 1,500 soldiers to help guard the border with .

Impossible to lock countries like Russia behind iron curtain: Kremlin

Countries like Russia cannot be "locked up" behind the iron curtain, the Russian Presidential Spokesman asserted on Thursday, as the US-led West threatened to impose more biting sanctions

Russia, Ukraine crisis might give India opportunity to export more wheat

The Russia-Ukraine crisis might give India an opportunity to export more wheat in the global markets and domestic exporters should tap this opportunity, sources said on Thursday. India's central pool stood at 24.2 million tonnes, twice more than the buffer and strategic needs, they said. More than a quarter of the world's wheat export comes from Russia and Ukraine. Russia is the world's largest exporter of wheat, accounting for more than 18 per cent of international exports. In 2019, Russia and Ukraine together exported more than a quarter (25.4 per cent) of the world's wheat. Egypt, Turkey and Bangladesh bought more than half of Russia's wheat, they said. Egypt is the world's biggest importer of wheat. It spends more than USD 4 billion annually to feed its population of over 100 million. Russia and Ukraine cover more than 70 per cent of Egypt's imported wheat demand. Turkey is also a big spender on Russian and Ukrainian wheat with 74 per cent of its imports worth USD 1.6 billio

India's tea exports likely to be hit due to Russia-Ukraine crisis

Tea planters and exporters are "extremely worried" over the possible impact on their shipments to Russia, India's second largest buyer of tea, in the wake of the Russia-Ukraine crisis. Western sanctions and disruption of payments in dollars as well as transhipments to Russia are expected as a fall-out of Russian troops launching an attack on Ukraine on. "The Russian market for Indian tea is extremely important as there are payment issues for shipments to Iran, another vital tea export destination. Around 18 per cent of India's tea shipments go to Russia," India Tea Association chairperson Nayantara Palchoudhuri told PTI. In the event of the conflict and possible imposition of sanctions by the US, exports to Russia would be "impacted adversely in the upcoming season", she said. Palchoudhuri, however, said that any significant shock to the tea industry due to the crisis may not be witnessed immediately as the season is about to begin and the bulk of shipments takes place between May

Pak PM Imran Khan meets Russian President Putin amidst Ukraine conflict

Russian President Vladimir Putin met Pakistan PM Imran Khan in the Kremlin in his first face-to-face talks since the start of a special military operation in eastern Ukraine

Top headlines: HUL splits chairman and CEO roles; oil rises above $105

Business Standard brings you the top headlines on Thursday

Investors lose Rs 13 trn as Sensex tanks 2,702 pts amid global meltdown

The Sensex crashed over 2,700 points on Thursday -- its biggest single-day plunge in about two years -- in lockstep with a severe sell-off in global markets after Russia launched a full-scale invasion of Ukraine, plunging Europe into its biggest crisis since the Second World War. The 30-share BSE gauge plummeted about 2,850 points during the session before closing at 54,529.91, registering a massive fall of 2,702.15 points or 4.72 per cent. This was its biggest decline since March 23, 2020, and the fourth-worst fall ever in absolute terms. Likewise, the NSE barometer Nifty nosedived 815.30 points or 4.78 per cent to end at 16,247.95. This was also the seventh straight session of decline for both the key indices. On the Sensex chart, all 30 shares suffered heavy losses, with IndusInd Bank tumbling the most at 7.88 per cent, followed by M&M, Bajaj Finance, Axis Bank, Tech Mahindra and Maruti. Investors were poorer by about Rs 13 lakh crore, with the market capitalisation of ...

MEA taking steps to bring back 18k Indians from Ukraine: MoS Muraleedharan

Union Minister of State for External Affairs V Muraleedharan said the MEA is taking steps to bring back about 18,000 Indians including students from Ukraine.

Russia will pay a very heavy economic and political price: NATO

NATO has announced the deployment of 'additional defensive land and air forces' to the eastern part of the bloc and an increase in the readiness of all its forces 'to respond to all contingencies'

Indian embassy in Ukraine issues fresh advisory as martial law imposed

Movement of people is now difficult in Ukraine as it is under martial law and those hearing air sirens and bomb warnings should find nearby bomb shelters, the Indian embassy in Kyiv said

European currencies hammered, dollar rallies as Russia invades Ukraine

The euro fell as much as 1.2% to $1.1164, the lowest level since Jan. 31

'Russia launched war on Ukraine': NATO chief calls for summit of leaders

NATO's secretary-general says Russia has launched war on Ukraine and shattered peace on the European continent.

Rupee falls 102 paise to close at 75.63 against USD amid Ukraine crisis

At the interbank foreign exchange market, the rupee opened at 75.02 against the American dollar but later dropped to a low of 75.75 against the greenback

Russia attacks Ukraine after months of tensions: What should we know

Russian troops launched a broad assault on Ukraine from three sides on Thursday, an attack that began with explosions before dawn in the capital Kyiv and other cities. Ukraine's leadership said at least 40 people had been killed so far in what it called a full-scale war targeting the country from the east, north and south. In a televised address as the attack began, Russian President Vladimir Putin warned other countries that any attempt to interfere would lead to consequences you have never seen in history. Ukrainians started fleeing some cities, and the Russian military claimed to have incapacitated all of Ukraine's air defenses and air bases within hours. World leaders decried the start of an invasion that could cause massive casualties, topple Ukraine's democratically elected government and threaten the post-Cold War balance on the continent. US President Joe Biden declared that the world will hold Russia accountable." NATO Secretary-General Jens Stoltenberg condemned Russia'

Lithuania declares state of emergency amid Russia-Ukraine tensions

NATO member Lithuania, which has borders with Russian ally Belarus and Russia's exclave of Kaliningrad on the Baltic Sea, has declared a state of emergency

'President Putin, in name of humanity...': UN chief's appeal over Ukraine

Russian President Vladimir Putin on Thursday announced a military operation in Ukraine >