Business Standard

Page 51 - Russia

Food inflation on Ukraine crisis could force RBI's hand on rates: Economist

The RBI would like to keep interest rates unchanged for a while longer and not put any roadblocks in front of the Indian economy, says Moody's Analytics' Steve Cochrane

Food inflation on Ukraine crisis could force RBI's hand on rates: Economist
Updated On : 09 Mar 2022 | 7:28 PM IST

Thousands being evacuated from Kyiv, says Ukraine's President Zelenskyy

He said on Wednesday the efforts are part of broader evacuation attempts by multiple humanitarian corridors within Ukraine, and warned Russian forces against violating cease-fire promises

Thousands being evacuated from Kyiv, says Ukraine's President Zelenskyy
Updated On : 09 Mar 2022 | 7:04 PM IST

McDonald's, Starbucks, Coca-Cola shut shops, halt production in Russia

Other well-known Western food giants such as KFC and Burger King were also reportedly stopping sales in Russia

McDonald's, Starbucks, Coca-Cola shut shops, halt production in Russia
Updated On : 09 Mar 2022 | 6:48 PM IST

Gold, palladium retreat from highs but Ukraine crisis looms

Key equity indices rebounded as investors picked up beaten-down stocks following a recent rout sparked by fears about growing Western sanctions on Russia for its invasion of Ukraine

Gold, palladium retreat from highs but Ukraine crisis looms
Updated On : 09 Mar 2022 | 6:46 PM IST

Coffee climbs as oil rally, Brazil weather add to supply threat

Arabica futures rose as much as 1.3%, adding to Tuesday's jump of almost 4%

Coffee climbs as oil rally, Brazil weather add to supply threat
Updated On : 09 Mar 2022 | 6:04 PM IST

Scant progress evacuating Ukrainians despite Russian ceasefire promise

Situation in Mariupol 'apocalyptic', says Red Cross; previous efforts to evacuate besieged cities have failed

Scant progress evacuating Ukrainians despite Russian ceasefire promise
Updated On : 09 Mar 2022 | 5:56 PM IST

Investors richer by over Rs 7.21 trn in two days of market rally

The 30-share BSE Sensex opened in the green on Wednesday and further jumped 1,469.64 points or 2.75 per cent to 54,893.73 during the day

Investors richer by over Rs 7.21 trn in two days of market rally
Updated On : 09 Mar 2022 | 5:43 PM IST

Russia drops gold tax to encourage savers to dump dollars

Russian President Vladimir Putin on Wednesday signed a law that exempts individuals from value added tax (VAT) on the purchase of gold.

Russia drops gold tax to encourage savers to dump dollars
Updated On : 09 Mar 2022 | 5:32 PM IST

Oil falls towards $125 as investors weigh US ban on Russian oil imports

A view that the US ban of Russian oil imports may not worsen shortages kept a lid on prices, traders said, as did talk that Ukraine was no longer seeking NATO membership

Oil falls towards $125 as investors weigh US ban on Russian oil imports
Updated On : 09 Mar 2022 | 5:28 PM IST

Russian and Ukrainian foreign ministers to meet in Turkey on Thursday

The foreign ministers of Russia and Ukraine Sergey Lavrov and Dmitry Kuleba respectively are expected to meet on the sidelines of a multilateral conference in Antalya, Turkey on Thursday March 10

Russian and Ukrainian foreign ministers to meet in Turkey on Thursday
Updated On : 09 Mar 2022 | 5:24 PM IST

Kyiv confirms opening of humanitarian corridors in a many Ukrainian cities

Earlier today, Russia had announced a humanitarian ceasefire in Ukraine for Wednesday morning for the evacuation of the civilian population, media reports said

Kyiv confirms opening of humanitarian corridors in a many Ukrainian cities
Updated On : 09 Mar 2022 | 4:34 PM IST

China sends humanitarian aid to Ukraine, nixes sanctions against Russia

China says it is sending humanitarian aid including food and daily necessities worth 5 million yuan (USD 791,000) to Ukraine while continuing to oppose sanctions against Russia over its invasion.

China sends humanitarian aid to Ukraine, nixes sanctions against Russia
Updated On : 09 Mar 2022 | 4:03 PM IST

Oil rises towards $130 as Russian crude struggles to find buyers

The United States on Tuesday imposed a ban on Russian oil imports, Britain said it would phase them out and Shell said it would stop buying Russian crude

Oil rises towards $130 as Russian crude struggles to find buyers
Updated On : 09 Mar 2022 | 3:19 PM IST

Bitcoin tops $42,000 as Yellen lauds 'historic' crypto overhaul

Yellen praised an upcoming order from Biden in a statement on Treasury's website that was later removed, saying it strikes the right balance between fostering innovation and addressing potential risks

Bitcoin tops $42,000 as Yellen lauds 'historic' crypto overhaul
Updated On : 09 Mar 2022 | 3:11 PM IST

Ukraine's First Lady relays war horrors and calls for no-fly zone

Ukraines First Lady Olena Zelenska has released her first public statement in a letter addressed to the global community.

Ukraine's First Lady relays war horrors and calls for no-fly zone
Updated On : 09 Mar 2022 | 2:59 PM IST

Dr. Reddy's plans 'business continuity' in Russia despite Western pullout

Indian pharmaceutical major Dr. Reddy's Laboratories Ltd said on Wednesday it was focused on employee safety and business continuity in and around Russia

Dr. Reddy's plans 'business continuity' in Russia despite Western pullout
Updated On : 09 Mar 2022 | 2:39 PM IST

Putin views Ukraine conflict as war he can't afford to lose: US intel

US intelligence community believes that Putin views Ukraine conflict as a war he cannot afford to lose, suggesting he is likely to escalate the conflict, US's top intelligence chiefs told US Congress

Putin views Ukraine conflict as war he can't afford to lose: US intel
Updated On : 09 Mar 2022 | 2:34 PM IST

Designate Russia as terrorist state: Ukraine President urges UK Parliament

Ukraine's Prez urged British MPs to designate Russia as a terrorist state after Putin ordered a special military operation and called for tougher sanctions on Moscow to ensure skies our are safe

Designate Russia as terrorist state: Ukraine President urges UK Parliament
Updated On : 09 Mar 2022 | 2:34 PM IST

In raft of new sanctions, UK can now detain Russian aircraft: Foreign Secy

The UK has announced a raft of new sanctions affecting Russian aircraft and exports of space and aviation technology.

In raft of new sanctions, UK can now detain Russian aircraft: Foreign Secy
Updated On : 09 Mar 2022 | 2:13 PM IST

Troops protecting Kyiv 'firmly holding positions': Ukraine Army

The General Staff of Ukraine's Armed Forces on Wednesday said its Kiev troop grouping was "repulsing the enemy's offensive", inflicting damage and firmly holding their positions.

Troops protecting Kyiv 'firmly holding positions': Ukraine Army
Updated On : 09 Mar 2022 | 1:36 PM IST