India imported goods worth $60.3 billion, up nearly 30 per cent on year in April
Ukraine's foreign minister said his country remains willing to engage in diplomatic talks with Russia to unblock grain supplies and to achieve a political solution to the war in Ukraine
Moscow prohibited dealings with Gazprom Germania and its various subsidiaries now under the control of Germany's energy regulator
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Jaishankar said the Ukraine conflict and its political, energy and economic fallout figured in the conversation
Russian President Vladimir Putin says Western sanctions against Russia are provoking a global economic crisis. Speaking during a Thursday meeting on economic issues, Putin said Western nations were driven by oversized political ambitions and Russophobia to introduce sanctions that hurt their own economies and well-being of their citizens. Putin charged that the sanctions are provoking a global crisis and will lead to grave consequences for the EU and also some of the poorest countries of the world that are already facing the risks of hunger. He alleged that the Western elites are ready to sacrifice the rest of the world to preserve their global domination. The Russian leader insisted the Russian economy has successfully withstood the blow from Western sanctions and that Russian companies will fill the niche left by the withdrawal of Western enterprises.
Russia will be hoping that the Commonwealth of Independent States shows solidarity with Moscow's stance
Private players in Russia have met with potential suppliers in India's big cities and are opening specialised bank accounts at home for roubles-to-rupees transactions, with blessing of the two govts
The GSTOU said that it was forced to suspend the Russian gas transit to Europe via the territories in eastern Ukraine controlled by Russian forces due to "force majeure"
On Wednesday Russia sanctioned 31 companies based in countries that imposed sanctions on Moscow after Russia invaded Ukraine in February
In their talks, the parties touched upon the sanctions against Russia over its conflict with Ukraine and the cooperation between Ukraine and Germany in the energy sector
If the fighting was to cease immediately a rapid recovery would be possible, with the return of 3.4 million jobs, Xinhua news agency reported
Russia's invasion has upended trade in energy, agricultural commodities and fertilisers and disrupted supply chains, resulting in slower growth across eastern Europe
Ukraine pushes back troops in East; Biden signs Ukraine Bill, seeks $40 bn
'We assess Putin is preparing for a prolonged conflict in Ukraine during which he still intends to achieve goals beyond the Donbas,' US Director of National Intelligence Avril Haines told lawmakers
Russian troops pounded the vital port of Odesa, Ukrainian officials said Tuesday, an apparent effort to disrupt the supply lines and Western weapons shipments critical to Kyiv's defence.
Many Western analysts had expected Putin to use the holiday to trumpet some kind of victory in Ukraine or announce an escalation, but he did neither.
Lithuanian Foreign Minister Gabrielius Landsbergis said Putin's annual Victory Day speech was underwhelming and that the gloomy faces of generals and others were signs of failing in the Ukraine war
He said India will have to especially watch out for the stance of its two adversaries in the emerging geopolitical scenario, in an oblique reference to China and Pakistan
Group of Seven (G7) urged Russia to end its blockade and all other activities that further impede Ukrainian food production and exports in line with its international commitments