Business Standard brings you the top headlines on Tuesday
Speaking alongside his Estonian counterpart, Volodymyr Zelenskiy said he was weighing a request from his foreign ministry to break off ties
The threat of new sanctions underscores the West's difficulty in preventing a military conflict that's long been portrayed as inevitable
India's benchmark 10-year bond yield closed at at 6.75%, up 6 basis points from its previous close
The U.S. called his moves a pretext for a further invasion, many members condemned his violation of Ukraine's territorial integrity
Stock market LIVE: The broader markets were also deep in red with the BSE MidCap and SmallCap indices trading down up to1.5 per cent.
The broader Euro STOXX 600 fell as much as 1.9% to a seven-month low before clawing back some of its losses
Russian President Vladimir Putin ordered troops to two breakaway regions in Ukraine, sending the euro one-month volatility to its highest level since November 2020
China's yuan weakened against the dollar on Tuesday as investors rushed to safe-haven currencies amid elevated market anxiety after Putin ordered troops into breakaway regions of Eastern Ukraine.
'The US president has taken some initiative on his behalf. India wants peace to be established in any way. We are sure that when talks take place, some way or the other will come out,' said Singh
Spot gold was up 0.2% at $1,909.86 per ounce by 0558 GMT, after scaling its highest since June 1 at $1,913.89 per ounce earlier. U.S. gold futures GCv1 gained 0.7% to $1,912.20
Shares fell sharply in Asia on Tuesday after Russian President Vladimir Putin ordered troops into separatist regions of eastern Ukraine, suggesting a long-feared invasion was possibly underway. Tokyo's Nikkei 225 index dropped 1.8per cent and the Hang Seng in Hong Kong fell 3.2per cent in early trading. Oil prices jumped, with U.S. crude up 2.8per cent. The future for the S&P 500 dropped 1.5per cent while the contract for the Dow industrials lost 1.3per cent. U.S. markets were closed Monday for Presidents Day. In Europe, shares slipped Monday as investors awaited developments in the Ukraine crisis. Germany's DAX gave up 2.1per cent. In Paris, the CAC 40 in Paris declined 2per cent. Britain's FTSE 100 fell 0.3per cent. Russia's MOEX index dropped nearly 11per cent. The ruble was down 3.2per cent against the U.S. dollar. Western powers fear Russia might use skirmishes in Ukraine's eastern regions as a pretext for an attack on the democracy, which has defied Moscow's attempts to pull
Russia moved quickly Tuesday to secure its hold on Ukraine's rebel regions following the recognition of their independence with legislation allowing the deployment of troops there
The Indian embassy in Ukraine has again asked Indian students to leave that country temporarily, amid escalating tensions with Russia
Putin's announcement drew international condemnation and immediate U.S. sanctions to halt U.S. business activity in the breakaway regions and ban import of all goods from those areas
China is concerned about the "worsening" situation in Ukraine, Foreign Minister Wang Yi said on Tuesday, repeating his call for all parties to show restraint and resolve differences through dialogue.
UK PM Boris Johnson is chairing an emergency meeting of the Cabinet Office Briefing Room A (COBRA) as the UK plans further sanctions on Moscow
Putin on Monday recognised two breakaway regions in eastern Ukraine as independent and ordered the Russian army to launch what Moscow called a peacekeeping operation into the area
Japan's Nikkei share average tumbled more than 2% on Tuesday, extending losses to a fourth session, as sentiment soured further following an escalation in tensions around Ukraine.
Japan will eye the impact of rate rise by the West on its economy, the finance minister said, as higher bond yields would boost borrowing costs for the industrial world's heaviest public debt burden.