Friday, Aug 19, 2022
×
Outlook.com
×

Diamond Industry To Witness 15-20% Dip In Revenue In FY23: Report

Diamond Industry To Witness 15-20% Dip In Revenue In FY23: Report

Revenue of the Indian diamond industry is set to be cut 15-20 per cent to $19-20 billion this fiscal, compared with a decadal high in the last financial year

25 July 2022
US Treasury Sanctions Iranian Petrochemical Firms Tied To Asia

US Treasury Sanctions Iranian Petrochemical Firms Tied To Asia

The administration uses an August 2018 executive order signed by then-President Donald Trump as its authority to impose the sanctions

07 July 2022

EXPLAINED: What's The Impact Of A Russian Debt Default?

The country faces a Sunday night deadline to meet a 30-day grace period on interest payments originally due May 27. But it could take time to confirm a default

Crude Response: How Modi Govt Defied Western Powers To Safeguard India's Economic Interest

Crude Response: How Modi Govt Defied Western Powers To Safeguard India's Economic Interest

India -- the world's third-biggest oil importer - has taken advantage of deeply discounted prices to ramp up oil imports from Russia at a time when global...

13 June 2022

Russia Retaliates By Imposing Sanctions On 61 U.S. Nationals

Russian Foreign Ministry said that the move came in response to US's long list of sanctions against Russian political and public figures. The list includes...

Advertisement
28 May 2022
Iran Seizes Two Greek Oil Tankers In Persian Gulf In Response To US Seizure

Iran Seizes Two Greek Oil Tankers In Persian Gulf In Response To US Seizure

Iran had threatened to take "punitive action" earlier over Greek involvement in the US seizure of an Iranian oil tanker in Greek waters.


25 May 2022
US To End Russia's Ability To Pay International Investors

US To End Russia's Ability To Pay International Investors

The Treasury Department said in a notification that does not plan to renew the license to allow Russia to keep paying its debtholders through American...


16 April 2022
Ukraine War: Russia Bans UK PM Johnson, Top Politicians From Entering Russia. Read The Complete List.

Ukraine War: Russia Bans UK PM Johnson, Top Politicians From Entering Russia. Read The Complete List.

In March, Russia imposed a similar ban against US President Joe Biden in retaliation for US sanctions against Russia.


07 April 2022
Ukraine War: West Sanctions Putin's Daughters, Russian Elites, Banks In Latest Sanctions

Ukraine War: West Sanctions Putin's Daughters, Russian Elites, Banks In Latest Sanctions

Foreign Minister Sergei Lavrov’s wife and daughter and Russia's two largest banks have also been sanctioned.


07 April 2022
We Don't Think India Should Increase Russian Imports, We're Ready To Help: White House

We Don't Think India Should Increase Russian Imports, We're Ready To Help: White House

White House also noted that India is importing only 1 or 2 per cent of their oil from Russia.


Advertisement

02 April 2022
US Deputy NSA Daleep Singh Discussed Economic Impacts Of Russia’s Ukraine War During India Visit: White House

US Deputy NSA Daleep Singh Discussed Economic Impacts Of Russia’s Ukraine War During India Visit: White House

US deputy National Security Advisor (NSA) Daleep Singh, considered a key architect of Washington's punitive economic sanctions against Moscow, was in New Delhi...


13 March 2022
From Soaring Gas Prices To Another World War, Economic Sanctions Can Lead To Dire Unintended Consequences

From Soaring Gas Prices To Another World War, Economic Sanctions Can Lead To Dire Unintended Consequences

The US and its western allies have increasingly turned to sanctions, investment bans, embargoes and other forms of economic warfare over the last two decades


09 March 2022
US President Biden Signs Executive Order To Ban Imports Of Russian Oil And Gas

US President Biden Signs Executive Order To Ban Imports Of Russian Oil And Gas

The decision came following Ukrainian President Volodymyr Zelenskyy's pleas to the US and Western officials to cut off the import of Russian oil and gas.


06 March 2022
Could The Ukraine Invasion Spark A Global Financial Crisis?

Could The Ukraine Invasion Spark A Global Financial Crisis?

European banks are the most exposed financial institutions to Russia’s new sanctions, specifically those in Austria, France and Italy.


03 March 2022
Moody's, Fitch Downgrade Russia's Rating To 'junk' Grade Following Sanctions By West

Moody's, Fitch Downgrade Russia's Rating To 'junk' Grade Following Sanctions By West

The Russia-Ukraine war entered its eight day on Thursday, with fighting intensifying in Ukrainian capital Kyiv and other big cities


28 February 2022
War With Ukraine: Sanctions Bite As Ruble Falls Sending Russians To Banks

War With Ukraine: Sanctions Bite As Ruble Falls Sending Russians To Banks

Ukraine Crisis: US President Joe Biden administration officials said Germany, France, the UK, Italy, Japan, European Union and others will join the US in...


Advertisement

28 February 2022
Ruble Plummets As Sanctions Bite, Sending Russians To Banks

Ruble Plummets As Sanctions Bite, Sending Russians To Banks

Biden administration officials said Germany, France, the UK, Italy, Japan, European Union and others will join the U.S. in targeting the Russian central bank


28 February 2022
Ruble Sinks 26% After SWIFT Sanctions Against Russian Banks

Ruble Sinks 26% After SWIFT Sanctions Against Russian Banks

Restrictions on the Russian central bank target its access to more than $600 billion in reserves the Kremlin has at its disposal.


27 February 2022
US, Allies To Cut Off Selected Russian Banks From SWIFT Messaging System

US, Allies To Cut Off Selected Russian Banks From SWIFT Messaging System

The SWIFT is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.


26 February 2022
What Is SWIFT? How A Ban On Russia Will Impact India And Other Countries Too

What Is SWIFT? How A Ban On Russia Will Impact India And Other Countries Too

Russia is heavily reliant on SWIFT due to its multibillion exports of hydrocarbons denominated in US dollars. The cutoff would terminate all international...


25 February 2022
Bilateral Payments With Russia Unlikely To Be Impacted Amid Sanctions

Bilateral Payments With Russia Unlikely To Be Impacted Amid Sanctions

India and Russia bilateral payments are made in the Indian rupee. For both imports and exports, payments are made or received in the rupee for shipments.


24 February 2022
Tough Sanctions Loom Against Russia, Effectiveness Uncertain

Tough Sanctions Loom Against Russia, Effectiveness Uncertain

Previous sanctions on Russia have aimed at individuals and entities directly involved in Russian misbehavior, but Maria Shagina, a sanctions expert at the...


23 February 2022
Biden Cuts Off Russia From Western Financing Over Putin's Actions Against Ukraine

Biden Cuts Off Russia From Western Financing Over Putin's Actions Against Ukraine

Ukraine Crisis: US President Joe Biden has termed Russian President Vladimir Putin's actions, including ordering Russian troops into Luhansk and Donetsk, the...


Advertisement
Advertisement
Advertisement
Advertisement
Advertisement