Russia Financial News

10.05 / 15:23
Platform Action Sustainability War Diversity country inclusion Global debt crisis impacting nearly 95 countries: G20 Sherpa Amitabh Kant
Russia-Ukraine war and the ongoing tensions in the Middle East pose a significant challenge for global stability and economics, said G20 Sherpa Amitabh Kant while speaking at an event in Delhi. Kant added, «In the face of a global debt crisis impacting nearly 95 countries, urgent action is needed to pursue inclusive and sustainable growth strategies. As we navigate these challenges, our focus remains on achieving the Sustainable Development Goals (SDG) by 2030.» The G20 Sherpa was speaking at an event called 'Celebrating and Calibrating G20 — The Sherpa Speaks', it was organised by Society of Indian Law Firms (SILF) to honour the remarkable achievements of the G20 Sherpa Kant for his significant contributions in spearheading the success of the G20. He was also presented with the Award for Outstanding Achiever- India 2023.
10.05 / 11:45
UPS FIVE country travelers Sporting chess Gukesh D and the rise of Indian chess
Lounge. “When I play abroad, people just want to know how India has so many players coming up. Everybody is curious; I think there is a little fear as well.
10.05 / 09:39
UPS FIVE Waters Boxing cover testing Inside the bunker with a Ukrainian vampire drone squad
NEAR IVANIVSKE, Ukraine—For 48 hours, as the soldiers fought to hold a trench on Ukraine’s eastern front, their stores of water had been dwindling. Now, they had only a few sips left. The roads to resupply them were effectively cut off—made impassable by attack drones.
10.05 / 08:37
Fighting Election War country reports peace PM Modi says looked Vladimir Putin in the eye, told him this isn't the time for war
Also Read: PM Modi's outreach to Vladimir Putin helped avert ‘potential nuclear attack’ on Ukraine in 2022: Report “Most of the countries have taken a stand. We are the only one whose position is very clear. We are not on anyone's side, we are in favour of peace.
10.05 / 06:03
markets Election trends reports International Gold Prices Gold prices rally ahead of Akshaya Tritiya. What investors should know?
Akshaya Tritiya, which is on May 10, has always seen fervent gold purchases stemming from the belief that investments made on this day would never diminish, thus bringing everlasting prosperity. Over the past three to four months, gold prices have shown significant volatility, experiencing roller coaster-like movements.
10.05 / 05:23
Citi Election reports Relationships mountaineering Indians better than Americans in many ways, says US Ambassador Eric Garcetti, dismisses concerns about democracy
PTI reported. According to PTI, the Biden administration's top diplomat also said that he was confident that “10 years from now, India is going to be a vibrant democracy as it is today in terms of free and fair elections". Responding to a question expressing concerns over the status of democracy in India, the US envoy also spoke about how the voting machine is taken in the mountains for one person so he can cast his vote.
10.05 / 05:23
UPS Target Experts performer reports recommendations BPCL, HPCL shares jump up to 5% post-Q4 earnings, should you buy, sell, or hold? Here's what experts say
₹621.95 and ₹514.40 apiece. This uptick followed both companies reporting in-line performance for the March quarter and for the full fiscal year FY24. Compared to the performance in the March quarter, both companies have exhibited improved performance for the full fiscal year FY24.
10.05 / 02:33
economy Trade War country reports Courts International The liberal international order is slowly coming apart
As we report, the disintegration of the old order is visible everywhere. Sanctions are used four times as much as they were during the 1990s; America has recently imposed “secondary" penalties on entities that support Russia’s armies. A subsidy war is under way, as countries seek to copy China’s and America’s vast state backing for green manufacturing.
10.05 / 02:33
Citizens Justice reports Department Investigations Gurpatwant Singh Pannun case: 'Won't speak until allegations are proved,' US says, rejects Russia's allegations
No reliable evidence of Indian involvement in foiled Pannun murder plot: Russia In November last year, the US authorities said an Indian government official had directed the plot in the attempted murder of Gurpatwant Singh Pannun, a dual citizen of the United States and Canada. The US White House in April said it viewed the reported role of the Indian intelligence service in the assassination plots as a very serious matter. As per the US Justice Department indictment, Indian national Nikhil Gupta was involved in the alleged attempt to kill Pannun.
09.05 / 20:49
markets Target economy Bill trends Headlines Rate Cut Bank of England expected to wait for more evidence that inflation is under control before rate cut
The Bank of England is expected to maintain interest rates at a 16-year high of 5.25% Thursday, but a cut wouldn’t be a huge surprise as inflation falls from multi-decade highs
09.05 / 15:47
COST UPS Food Trade War show Wheat concerns as weather, geopolitics weaken stockpiles
Bad weather and war are threatening to keep the world’s wheat supplies under strain and reviving the specter of rising food costs. 
09.05 / 06:37
markets UPS Aware security Trade Russian exporters ramp up spending from Vostro accounts
to below $4 billion in the last six to eight months, two people aware of the matter said. The spending from the account covered payments for Indian imports, purchase of securities, and other acquisitions, including defense equipment and armaments, the persons said said. "It is difficult to say the exact amount in the Vostro accounts since some transactions are very complex.
09.05 / 04:25
FIVE Cooper economy Trade War country politician China's Xi Jinping in Hungary to discuss Ukraine, infrastructure
Xi Jinping is due to meet Hungarian Prime Minister Viktor Orban on Thursday, with the war in Ukraine and infrastructure projects high on the agenda, as he makes his third stop on his first European tour in five years. Xi, who arrived in Budapest late on Wednesday, can expect a warm welcome in a country that is an important partner in trade and investment, in contrast with other EU nations that are considering diversifying from China and becoming less dependent on the world's second-largest economy.
09.05 / 00:47
economy Election Trade President stage country Interviews Rupee trade pacts priority, many in final stages: Amit Shah
Gandhinagar | New Delhi: India is in the «final stages» of negotiations with many countries to work out the modalities of settling trade in Indian rupees, Union home minister Amit Shah told ET in an exclusive interview, adding that this will be a major priority of the new government. «Matters have been put on hold due to elections but let me tell you we are in the final stages in our negotiations with many countries. This will be a priority for us in days to come,» he said in a detailed interview on board his flight back to Delhi from his constituency Gandhinagar, which went to the polls on Tuesday. On US President Joe Biden's remark that countries such as India, China, Russia and Japan were losing out on economic growth because of xenophobia, Shah said he had not seen Biden's comments in detail but pointed to India's growth trajectory over the past decade as evidence of its rising economic profile.
08.05 / 21:57
UPS Provident War EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets
European Union nations have reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming from the profits raised from frozen Russian central bank assets held in the bloc
08.05 / 21:57
economy Food Research wellness pandemic Trade reports Shopify's shares tumble on weak outlook after a very strong start to 2024
Shopify’s stock is poised to potentially tumble to an all-time low on Wednesday as the Canadian company gave a disappointing second-quarter forecast that includes easing revenue growth and thinner margins
08.05 / 13:05
Google Opinion country reports inequality Nearly 75% of Indians believe that global corporations are a threat to democracy: Report
Democracy Perception Index revealed a striking sentiment among Indians, with nearly 75% expressing concern that global corporations pose a threat to democracy. As per the survey findings, after economic inequality and corruption, global corporations are viewed as the third most significant threat to democracy. The US also stands out as among the countries with the highest levels of the perceived threat from global corporations. India is also ranked top among countries fearing that big tech companies like Google, Amazon and Meta threaten democracy.
07.05 / 19:31
UPS Election WhatsApp Cycling blues Tipplers toast local labels as big brands lose way in policy maze
Mumbai | New Delhi: Changes in state liquor policies are creating a never-before-seen scarcity of popular brands such as Royal Stag, Budweiser and Old Monk, worsened by the code of conduct for the general election, causing supply chain disruption, and delays in label registrations and licence renewals.
07.05 / 16:37
Target Man security President Department Interviews Ukraine says it foiled Russian plot to assassinate Zelensky
KYIV, Ukraine—The Ukrainian Security Service said it foiled a Russian plot to assassinate President Volodymyr Zelensky by striking his convoy with missiles and drones, calling it the latest attempt by Moscow to eliminate the Ukrainian leader. The agency, known as the SBU, said it had detained two senior officers in the country’s Department of State Security, which is responsible for protecting the president. The SBU said they were two of five agents working on the plot under the direction of Russia’s Federal Security Service, the FSB.
07.05 / 13:15
markets economy country reports travelers Sporting Thailand extends visa exemption program for Indian tourists
Thailand has extended its visa exemption program for tourists from India and Taiwan for another six months, allowing these travelers to enter the country without a visa until November 11, 2024. The move aims to attract more foreign visitors to boost Thailand's economy, which relies heavily on tourism. According to a Bloomberg report, Prime Minister Srettha Thavisin announced the extension following a cabinet meeting on Tuesday, indicating that travelers from India and Taiwan can stay for a maximum of 30 days without a visa. This extension comes after the success of the initial waiver implemented last November. Previously, tourists from India and Taiwan were allowed to stay in Thailand for only 15 days under a visa-on-arrival scheme. By extending the exemption, Thailand hopes to encourage longer stays and more frequent visits from these countries.
07.05 / 11:53
Manufacturing economy Universities country reports travelers Hungary and Serbia's autocratic leaders to roll out red carpet for China's Xi during Europe tour
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries at the continent’s eastern half

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