Ukraine Financial News

Rajnath Singh on Saturday said the country's growth cannot be imagined without the development of farmers and villages, and asserted that the Modi government was standing shoulder to shoulder with the cultivators. Addressing a mega farmers' rally at Government Science College ground in Chhattisgarh's capital Raipur, he also targeted the previous Congress dispensation in the state, accusing it of indulging in corruption and derailing its development. "...I am the son of a farmer and hail from a village. Farmers can yield gold from the soil with their efforts and hard work. My government is standing shoulder to shoulder with farmers. Prime Minister Narendra Modi-led Centre has been taking several steps for the welfare of farmers," the minister said.

India's policy was 'Nation First' and the consumer was 'paramount', Union Minister Hardeep Singh Puri said that the Centre was able to keep oil prices from shooting up despite global turbulence amid the Russia-Ukraine conflict and drone attacks on merchant ships in the Red Sea. The Union Minister for Petroleum and Natural Gas said 85 per cent of India's crude requirements are met by imports, with the price of crude in the international market being the benchmark. Addressing a press conference in the national capital on Saturday, Puri said, «If you accept that (global issues), you have to deal with the price of crude in the international market and the price at which it is made available. What happened in the last few years?»

Joe Biden over his State of Union address, his predecessor Donald Trump called his speech «terrible» and said that he suffers from «terminal case of Trump derangement syndrome,» Fox News reported. Reacting to Biden's address, the former President told Fox News Digital, «He was angry, mentally disturbed, and misrepresenting a lot of the facts concerning almost every subject he discussed.»

(Reuters) — S&P Global said on Friday it considers it a «virtual certainty» that Ukraine will default on its external commercial obligations and cut the country's long-term foreign currency (FC) credit rating deeper into junk territory.

Recep Tayyip Erdogan, whose NATO-member country has sought to balance its close relations with both Ukraine and Russia, offered during a visit Friday from Ukrainian President Volodymyr Zelenskyy to host a peace summit between the two countries. Erdogan, who has repeatedly discussed brokering a peace deal, said at a news conference in Istanbul following his meeting with Zelenskyy that he hoped Russia would be on board with Turkey’s offer.

Ukrainian President Volodymyr Zelenskyy is in Istanbul for talks with Turkish President Recep Tayyip Erdogan

Russian army, said Ministry of External Affairs Spokesperson Randhir Jaiswal on Friday. «We have strongly taken up the matter for the early discharge of such Indian nationals. Strong action has been initiated against agents who recruited them on false pretexts,» said Jaiswal. «We remain committed to the early release of our nationals serving as support staff with the Russian army and then eventually return home,» he added.

Russia-based agents involved in the human trafficking network that pushed Indians into the Ukraine war zone are under the CBI scanner, officials said on Friday. The agents allegedly confiscated the passports of Indians arriving in Russia and forced them to fight with the armed forces, officials said. The network was busted by the CBI on Thursday. Christina and Moinuddin Chippa, a resident of Rajasthan, are based in Russia and were facilitating the trafficking of Indian youth to Russia by offering them lucrative job opportunities there, officials said. The central probe agency's FIR has listed 17 other Visa consultancy companies, their owners and agents spread across India, they said.

U.S. embassy in Russia has warned U.S. citizens to avoid large gatherings in Moscow due to what it said were reports that extremists had imminent plans for an attack. The embassy, which has repeatedly urged all U.S. citizens to leave Russia immediately, gave no further details about the nature of the threat, but said people should avoid crowds and be aware of their surroundings.

Jaishankar has defended India's stance on Russia amidst ongoing Ukraine conflict, stating that people tend to «cherry-pick principles» when it suits them and ignore them when it doesn't. Jaishankar, who is currently on a visit to Japan while responding to a question at the Nikkei Forum on India-Japan Special Strategic Partnership, said that Indian territory has been occupied by another country but the world has maintained silence over the matter. The foreign minister was asked during the interaction whether India's decision to not criticise Russia and its territorial violation of Ukraine, should be taken to be «double-standards.»

By Trevor Hunnicutt

By David Lawder

WASHINGTON (Reuters) — U.S. Treasury Secretary Janet Yellen said on Thursday that Congress' inaction in approving new U.S. aid to Ukraine is «nothing short of a gift» to Russian President Vladimir Putin, Iran and other adversaries as Ukrainian forces run short of ammunition to fight Russia's invasion.

Central Bureau of Investigation (CBI) has uncovered a significant human trafficking network that deceived Indians into traveling to the war zone between Russia and Ukraine under the guise of providing lucrative jobs abroad. The agency is currently conducting searches at more than 10 locations across seven cities as part of its investigation. FIR Registered Against Visa Consultancy Firms and Agents Officials have revealed that the CBI has filed a First Information Report (FIR) against various visa consultancy firms and agents involved in the trafficking scheme. During the searches, several individuals have been detained, and an amount of Rs 50 lakh has been seized.

Chelsea has announced pre-tax losses of 90.1 million pounds in its first year under U.S. owners Todd Boehly and Clearlake Capital

We have entered a period of intensifying geopolitical rivalries and conflicts. Russia’s war on Ukraine is now in its third year; the Israel-Hamas conflict could still become a regional war; and the deepening Cold War between the US and China may yet turn hot over Taiwan later this decade. If Donald Trump wins the US presidential election in November, the world will be even further destabilized.

The European Union and Germany say they will give Albania nearly $88 million to turn the three main bus lines in the capital Tirana electric, part of helping the Balkan country meet requirements to join the 27-nation bloc

Egypt has floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan to $8 billion

Poland has seen its most violent protest by farmers and supporters yet as some participants threw stones at police and tried to push through barriers around parliament

‘20 Indians have contacted embassy in Moscow’: MEA shares update One of the Indian nationals said they arrived in Russia on tourist visas on 27 December to celebrate the New Year. They had a visa for the Russia trip - valid for 90 days - but then travelled to neighbouring Belarus. "An agent offered to take us to Belarus...

Mint explains why the Opec+ has curbed output and the demand outlook for the world. Crude oil price (Brent) has stayed below $100 a barrel since August 2022, after the sharp rise in the early days of the Russian invasion of Ukraine. While it has largely held above $80, the price dipped to the low seventies a few times in the past year.