Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between Russia and Ukraine to end their weeks-long conflict, with prices further pressured by China’s new lockdowns to curb the spread of the coronavirus. Brent crude fell $2.88, or 2.6%, to $109.61 a […]
Russia
US Congress passes budget including $14 billion for Ukraine
The US Congress passed a huge omnibus 2022 spending bill Thursday including almost $14 billion in humanitarian and military aid to war-torn Ukraine, as its invasion by Russia entered its third week. Lawmakers had been facing the latest in a series of shutdown showdowns, with government funding due to expire […]
Ukraine-Russia war: IAF flight with 119 Indians, 27 foreigners land in Delhi from Bucharest
An Indian Air Force (IAF) flight with 119 Indians and 27 foreigners landed at Hindon airbase here from the Romanian capital Bucharest on Thursday morning, sources said. These Indians and foreigners were stranded in Ukraine due to the Russian military offensive that began on February 24, they mentioned. This was […]
‘Steel prices will continue to move up as Ukraine-Russia conflict hits supply chain’
The price of steel will continue to move upwards on ”good demand” as the supply chain remains affected amid the Ukraine-Russia conflict, according to industry consultancy SteelMint. The prices in the international market have moved up by around USD 135 a tonne and are moving up since the conflict started […]
Indian students stranded in Ukraine’s Sumy see ‘no ray of hope’
“It has been 10 days (since) we have been waiting here but there is no ray of hope (as to) when we will be evacuated,” says a distraught Indian medical student stranded in the embattled northeastern Ukrainian city of Sumy in a video message. There is no power, no water […]
Google temporarily disables Google Maps live traffic data in Ukraine
Alphabet Inc’s Google confirmed on Sunday it has temporarily disabled in Ukraine some Google Maps tools which provide live information about traffic conditions and how busy different places are. The company said it had taken the action for the safety of local communities in the country, after consulting with sources […]
Rs 19,111 crore assets attached out of total fraud by Vijay Mallya, Nirav Modi & Mehul Choksi: Centre tells SC
The timely attachment of proceeds of crime has led to the attachment of assets worth over Rs 19,000 crore out of the “total fraud of over Rs 22,500 crore by three fugitive offenders Vijay Mallya, Nirav Modi, and Mehul Choksi, the Centre has told the Supreme Court. These figures were […]
Russia- Ukraine crisis: Rescue plans & a look at past evacuations
India sounded airlines on Monday to plan flights to evacuate Indians stuck in Ukraine. Under the Aircraft Act, the government can ask airlines to make their aircraft available during an emergency. While sources said Air India and SpiceJet had planned to operate four flights, all plans had to be canceled after the closure of Ukrainian airspace. Airlines executives said […]
US has not verified claim of Russia troop withdrawal: Joe Biden
President Joe Biden on Tuesday said the US has not yet verified” Russia’s claim that some of its forces have withdrawn from the Ukraine border and said an invasion of Ukraine remains a distinct possibility. Biden made the remarks at the White House hours after Russia announced that some units […]
OPEC+ resumes talks on 2021 policy amid discord on how to tackle oil demand
By Administrator_India Capital Sands LONDON – OPEC and Russia resume talks on Thursday in a bid to define policies for 2021 after an initial round of discussions this week failed to bring a compromise on how to tackle weak oil demand amid a second coronavirus wave. The group of OPEC and allies, known as OPEC+, had been widely expected […]