Page 9 - Russia Ukraine Conflict

US commits $2 billion in drones, ammunition, aid in new package to Ukraine

The Pentagon announced a new package of long-term security assistance for Ukraine on Friday, marking the first anniversary of Russia's invasion with a USD 2 billion commitment to send more rounds of ammunition and a variety of small, high-tech drones into the fight. The announcement comes just days after President Joe Biden made an unannounced visit to Kyiv and pledged America's continuing commitment to Ukraine. Biden told President Volodymyr Zelenskyy and his people that "Americans stand with you, and the world stands with you." In a statement on Friday, the Pentagon said the aid includes weapons to counter Russia's unmanned systems and several types of drones, including the upgraded Switchblade 600 Kamikaze drone, as well as electronic warfare detection equipment. It also includes money for additional ammunition for the High Mobility Artillery Rocket Systems (HIMARS), artillery rounds and munitions for laser-guided rocket systems. But, in an unusual move, the Pentagon provided n

War in Ukraine: How one year of conflict changed geopolitics and economics

Friday marks the one-year anniversary of the Russia-Ukraine war, have a look at how the conflict that nobody believed would last this long changed the world

This will be the year of our victory: Zelensky on Russia war anniversary

Zelensky's rallying call comes amid warnings that Russia could be planning an attack to coincide with the anniversary

As UN discusses Ukraine conflict, India hosts event on Gandhi's message

As the UN General Assembly marked one year of the Ukraine conflict, Mahatma Gandhi's message of peace and trusteeship was highlighted at a special event hosted by India here. India's Permanent Mission to the United Nations in partnership with the University for Peace organised a high-level panel discussion on Gandhian Trusteeship: Mission LiFE and Human Flourishing' at the UN headquarters on Thursday. The event highlighted and deliberated on Gandhi's doctrine of Trusteeship and its relevance in today's world with a focus on the concept of Mission LiFE (Lifestyle for Environment) and Human Flourishing to promote sustainable lifestyles and enduring peace. "Today's event is very unique. What I find very, very powerful is that we are talking about peace, about non-violence when even in the General Assembly we have a vote on the crisis in Ukraine, India's Permanent Representative to the UN Ambassador Ruchira Kamboj said at the panel discussion. The UN General Assembly adopted a nonbindi

China's Xian Bingo in talks with Russia to supply 100 drones: Report

Reportedly, Bingo also has plans to deliver components and know-how to Russia so that they can produce 100 drones a month domestically

Top headlines: Punit Goenka moves NCLAT for relief, 1 year of Ukraine war

Business Standard brings you the top headlines at this hour

China calls for Russia-Ukraine cease-fire, peace talks to end conflict

China has called for a cease-fire between Ukraine and Russia and the opening of peace talks as part of a 12-point proposal to end the conflict. The plan issued on Friday morning by the Foreign Ministry also urges the end of Western sanctions imposed on Russia, measures to ensure nuclear facilities, the establishment of humanitarian corridors for the evacuation of civilians and steps to ensure the export of grain, after disruptions caused global food prices to spike. China has claimed to be neutral in the conflict, but it has a no limits relationship with Russia and has refused to criticize its invasion of Ukraine over even refer to it as such, while accusing the West of provoking the conflict and fanning the flames" by providing Ukraine with defensive arms. The peace proposal mainly elaborated on long-held Chinese positions, including referring to the need that all countries' sovereignty, independence and territorial integrity be effectively guaranteed." It also called an end to th

G20 leaders to gauge toll on global economy on Ukraine war's anniversary

U.S. Treasury Secretary Janet Yellen on Thursday highlighted the improvement, saying the global economy "is in a better place today than many predicted just a few months ago"

Yellen, G7 urge more aid for Ukraine and adherence to Russia sanctions

Yellen took the lead in urging the IMF to pull together a loan programme for Ukraine, adding that Washington was preparing an additional $10 billion in economic assistance

UNGA approves nonbinding resolution calling for Russia to leave Ukraine

The UN General Assembly approved a nonbinding resolution on Thursday that calls for Russia to end hostilities in Ukraine and demands the withdrawal of its forces, sending a strong message on the eve of the first anniversary of the invasion that Moscow's aggression must end. The 141-7 vote with 32 abstentions was slightly below the highest vote for the five previous resolutions approved by the 193-member world body since Russia sent troops and tanks across the border into its smaller neighbor on February 24, 2022. The General Assembly has become the most important UN body dealing with Ukraine because the Security Council, which is charged with maintaining international peace and security, is paralysed by Russia's veto power. Its resolutions are not legally binding, unlike Security Council resolutions, but serve as a barometer of world opinion. Foreign ministers and diplomats from more than 75 countries addressed the assembly during two days of debate, with many urging support for th

Global trade remains resilient, performing better despite Russia war: WTO

Global trade "has held up well" in the face of the Russia-Ukraine war, WTO Chief Economist Ralph Ossa said

This isn't time for war, says Hardeep Puri on Russia Ukraine conflict

Puri quoted the European ambassador's statement, "we don't care where India buys energy from but think India can help in bringing resolution to what's going on"

Sending weapons to Ukraine will add fuel to war, says China at UN

China's deputy ambassador's remarks came after Putin met with China's top diplomat Wang Yi in Moscow

TMSEp376: IT hiring, Ukraine war impact, aviation stocks, carbon border tax

Is the IT dream turning sour for Indian youth? How has one year of Ukraine war affected India? Will record aircraft deals add wings to aviation stocks? What is carbon border tax? All answers here

1 year of Ukraine war: Cheaper crude from Russia pushes India's import bill

Exports to Russia contracted 13.5 per cent at $2.2 billion during the first three quarters of the current fiscal year

Will deploy Sarmat N-missiles: Putin; G7 raise Ukraine support to $39 bn

Ukraine's parliament imposed sweeping 50-year sanctions on Thursday on Russian financial institutions including the central bank, all commercial banks, investment funds, insurers and other enterprises

Managing a crisis: Russia-Ukraine war outbreak a setback for Indian economy

But its impact has been kept under check

Ukraine war, a year on: Equity markets see negative second-order impact

Still, one-year equity returns globally, since the war began, have been subdued and marred by intense volatility

How Russia-Ukraine conflict has impacted global and Indian economy

External conditions deteriorated due to the war on many fronts

Ukraine's global fault lines

Escalating war is raising uncertainty all round