Indian state oil firms have invested USD 5.46 billion in buying stakes in four different assets in Russia
The US Treasury Department also announced new and powerful sanctions that could immobilise any assets of the Russian central bank in the United States or held by Americans
Restrictions on the Russian central bank target its access to more than $600 billion in reserves the Kremlin has at its disposal.
With the depreciating Ruble against the Rupee, students have been able to save lakhs in terms of their term fee.
The Central Bank also ordered a slew of measures to help the banks cope with the crisis by infusing more cash into the system and easing restrictions for banking operations
Western sanctions against Russia for its invasion of Ukraine have given way to talk of a rupee trade for the oil and gas purchases