Indian banks may face headwinds from Russia-Ukraine crisis, warns S&P
Indian banks may face some headwinds from the Russia-Ukraine crisis, which could lead to higher inflation and some stress for borrowers, S&P Global Ratings analyst Deepali Seth Chhabria said on Wednesday, adding the situation was being closely monitored. "The outlook on Indian banks continue to remain stable but pockets of stress may emerge due to the conflict as Indian banks already have a huge pile of weak assets and progress on their resolution has been slow," Chhabria told Reuters.
02:42 PM
France urges protection for journalists in Ukraine war
France on Wednesday called for the protection of journalists covering Russia's war in Ukraine, following the deaths of a Fox News cameraman and a Ukrainian producer near Kyiv. "I recall the obligation incumbent on armed forces to protect journalists in line with international humanitarian law," Foreign Minister Jean-Yves Le Drian said in a statement.
02:40 PM
IEA fears Russia supply 'shock'
The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia over its invasion of Ukraine could spark a global supply "shock". "Faced with what could turn into the biggest supply crisis in decades, global energy markets are at a crossroads," the IEA said in a monthly report, warning that "the implications of a potential loss of Russian oil exports to global markets cannot be understated."
02:39 PM
U.S. not interested in resolving Ukraine conflict: Lavrov
Russia sees no sign that the United States is interested in resolving the ongoing conflict in Ukraine, Foreign Minister Sergei Lavrov said on Wednesday.The United States has a decisive role in defining Ukrainian authorities' position, but "today, we see no interest from the United States to speedily resolve this conflict," Lavrov told the RBC television channel.
02:31 PM
Ministry of Home Affairs (MHA) has restored valid e-tourist visa issued for five years, which was suspended since March 2020, to nationals of 156 countries: Officials
02:26 PM
Russia-Ukraine close to some "deals"
Russian Foreign Minister Sergei Lavrov said on Wednesday that some formulations for agreements with Ukraine were close to being agreed, with neutral status for Kyiv under "serious" consideration. However, he told the RBC news outlet that there were other issues of importance too, including the usage of the Russian language in Ukraine and freedom of speech.
02:25 PM
As per notification dated 4th March 2021, Overseas Citizen of India (OCI) cardholders and the Person of Indian Origin (PIO) cardholders (being deemed OCI cardholders) are entitled to multiple entry lifelong visa for visiting India:MoS Home Nityanand Rai to Rajya Sabha
02:24 PM
Long duration (10 years) regular tourist visa restored for USA, Japan nationals: officials
02:17 PM
Euro extends gains after Russian foreign minister says some formulations of agreements with Ukraine close to being agreed, up 0.4% to $1.1005
02:06 PM
Russia's Lavrov says Ukraine peace talks not easy, sees hope for compromise
Russian Foreign Minister Sergei Lavrov said on Wednesday that peace talks with Ukraine aren't easy, but added that there was hope for compromise."I am guided by the assessments given by our negotiators. They say that the negotiations are not easy for obvious reasons. But nevertheless, there is some hope of reaching a compromise," Lavrov said during his interview with RBC news outlet.
02:04 PM
Pramod Sawant, N Biren Singh to get second terms as Goa, Manipur Chief Ministers: BJP sources
01:57 PM
Dutch and others will continue to deliver weapons to Ukraine
The Netherlands and other NATO countries will continue to deliver weapons to Ukraine even as these deliveries could become the target of Russian attacks, Dutch defence minister Kajsa Ollongren said on Wednesday. "The Netherlands and other countries will continue to deliver weapons to Ukraine", Ollongren said at her arrival for a meeting with NATO defence ministers in Brussels. "Ukraine has the right to defend itself, we will continue to support it."
01:53 PM
Ukraine launches counteroffensives in several areas
Ukraine’s armed forces are launching counteroffensives against Russian forces "in several operational areas," Ukrainian presidential adviser Mykhailo Podolyak wrote on Twitter on Wednesday. "This radically changes the parties’ dispositions," he added, without giving details.
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