Ukraine Financial News

By Andrew Osborn

One drone targeting Moscow was shot down on the city's outskirts and two others were «suppressed by electronic warfare» and smashed into an office complex early on Sunday, the Russian defence ministry said, adding that there were no injuries. Moscow and its environs, lying about 500 kilometres (310 miles) from the Ukrainian border, had rarely been targeted during the conflict in Ukraine until several drone attacks this year. Following the attacks, Ukrainian President Volodymyr Zelensky warned that «war» was coming to Russia. «Gradually, the war is returning to the territory of Russia — to its symbolic centres and military bases, and this is an inevitable, natural and absolutely fair process,» Zelensky said on a visit to the western city of Ivano-Frankivsk.

The collapse of the Black Sea grain deal and a series of missile strikes on Ukrainian grain silos and ports have left farmers with few options to export their grain — and all of them are getting more expensive

Russia after three Ukrainian drones were downed over Moscow. «Gradually, the war is returning to the territory of Russia — to its symbolic centres and military bases, and this is an inevitable, natural and absolutely fair process,» Zelensky said on a visit to the western city of Ivano-Frankivsk.

video games such as Minecraft and World of Tanks are allegedly being used to spread Russian propaganda by Kremlin, a report has claimed. The report in New York Times report has claimed how the Russian players have been actively taking a dig into Ukraine through games and social media.

KYIV (Reuters) — President Volodymyr Zelenskiy said on Sunday that he expects Russia to resume its attacks on Ukraine's energy system once cold weather returns later this year, and vowed to do everything possible to protect the power grid.

By Alvise Armellini

nuclear weapon on Ukraine if Kyiv's ongoing counter-offensive was a success. “Imagine if the.. offensive, which is backed by NATO, was a success and they tore off a part of our land then we would be forced to use a nuclear weapon according to the rules of a decree from the president of Russia," Medvedev said.

₹30,000 crore of support to state-run oil retailers and keeping all things constant, the government will be left with ₹9,000 crore to 10,000 crore after the rights issues of IOC and BPCL. The amount is expected to be used for HPCL which has a current market capitalization of ₹39,650 crore. The officials said that it will translate into a significant stake depending on the prices of the shares.

Vladimir Putin reviewed a parade of warships and nuclear submarines in his native St Petersburg on Sunday and announced that the Russian Navy would receive 30 new ships this year. Forty-five ships, submarines and other vessels took part in Russia's annual Navy Day event, a traditional show of military might which takes place in the Gulf of Finland and on the River Neva in St Petersburg.

Russia-Ukraine war: Saudi Arabia is set to host Ukrainian-organized peace summit on 5 and 6 August, according to several reports. Saudi Arabia has invited several major countries including India, Britain, United States among others. A report by Wall Street Journal, confirms that Saudi Arabia is set to host talks in August about Ukraine.

Three Ukrainian drones attacked Moscow in the early hours on Sunday, the Russian authorities said. The incident has left one person injured. One of the four airports around Moscow was closed for traffic temporarily post the attack.

Market Volatility and Exogenous Factors:Market volatility primarily stemmed from exogenous factors. Global monetary and fiscal tightening measures were implemented across countries (with few exceptions) to manage persistent inflation. The shocks caused by the Russia-Ukraine war and China's Covid restrictions also contributed to volatility.

grain across the southern Ukrainian steppe and away from the shards of three Russian cruise missiles that struck the unassuming metal hangars. The agricultural company Ivushka applied for accreditation to export grain this year, but the strike in mid-July destroyed a large portion of the stock, days after Russia abandoned the grain deal that would have allowed the shipments across the Black Sea without fear of attack. Men shirtless and barefoot, with blackened soles from ash, swept unburnt grain into piles and awaited the loader, whose driver deftly steered around twisted metal shrapnel, bits of missile and craters despite his shattered windshield.

Saudi Arabia will host a Ukrainian-organized peace summit in early August seeking to find a way to start negotiations over Russia's war on the country, an official said. The kingdom and Kyiv did not immediately acknowledge the planned talks. The summit will be held in the Red Sea port city of Jeddah, said the official, who spoke on condition of anonymity as no authorization had been given to publicly discuss the summit.

Ukrainian drone attack on Moscow damaged two office blocks, the mayor said early Sunday, as an airport in the Russian capital was reportedly closed to traffic. «Ukrainian drones attacked tonight. Facades of two city office towers were slightly damaged.

As a growing number of Wagner soldiers gather in Belarus, neighbouring countries are mulling a border closure. Polish officials said that more than 100 mercenaries belonging to the Russian-linked mercenary group had moved close to the shared border. Prime Minister Mateusz Morawiecki described it as a step toward a “hybrid attack on the Polish territory".

WARSAW (Reuters) — A group of a hundred soldiers from the Russian Wagner group have moved closer to the Belarusian city of Grodno near the Polish border, Polish Prime Minister Mateusz Morawiecki said on Saturday.

Russia said Saturday its forces struck a command post in Ukraine's Dnipro the previous day after Kyiv said a missile hit an apartment block there, wounding nine people. «On the evening of July 28, the Russian armed forces attacked a command post of the Ukrainian armed forces in the city of Dnepropetrovsk with high-precision weapons,» the Russian defence ministry said, referring to Dnipro by its earlier name.

India emerge as a trusted, resilient partner in the electronics and semiconductor space, Union Minister Rajeev Chandrasekhar said here on Saturday, and asserted the world wants to partner with India for the country to grow its footprints in the semiconductor ecosystem. Talking to PTI on the sidelines of the Semicon India 2023 event organised at Mahatma Mandir here, he said Prime Minister Narendra Modi's vision for the sector is to create more and more opportunities for young Indians studying in colleges.

KYIV (Reuters) — Ukraine's President Volodymyr Zelenskiy visited Ukrainian troops near the eastern Bakhmut front line on Saturday.