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February 25, 2023 11:30 AM IST Fear of US sanctions has made some private sector banks wary. Even with Russia, there seems to be a reluctance to settle trade in Rupees of late.
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February 24, 2023 07:57 PM IST The action, taken in coordination with Group of Seven allies, seeks to punish 250 people and firms, puts financial blocks on banks, arms dealers and technology companies tied to weapons production, and goes after alleged sanctions evaders in countries from the United Arab Emirates to Switzerland.
- February 22, 2023 10:43 PM IST
The actions that the United States has taken against Russia in partnership with more than 30 countries constitute the broadest set of sanctions and export controls ever imposed against a major economy.
- December 10, 2022 11:59 AM IST
According to the State Department, the US imposed sanctions on two individuals and seven entities for providing material support to, acting on behalf of, or being owned by the DPRK (Democratic People’s Republic of Korea) government-run animation studio, SEK Studio.
- November 04, 2022 11:31 PM IST
But the sanctions have not been as devastating as Western officials had hoped.
- October 13, 2022 08:02 PM IST
The discussions, which U.S. officials say revolve around restarting oil exports from Venezuela to the United States if the country takes steps to restore democracy, could spur a major diplomatic shift with Washington’s staunchest adversary in South America.
- October 06, 2022 08:32 AM IST
Huawei is expected to buy most, if not all, of its output, said the people, who asked not to be identified discussing private information. PXW, as the company is known, plans to take delivery of the gear as early as the first half of 2023, one of the people said.
- July 05, 2022 08:25 AM IST
Expectations on the Biden administration to ease some of the taxes to help lower the costs of everyday merchandise have increased as inflation in US soared this year.
- June 06, 2022 10:15 PM IST
In a charging letter, the U.S. Department of Commerce said Roman Abramovich in February named his Russian children the beneficiaries of the "shell entities" that owned the Boeing 787 Dreamliner and Gulfstream G650 ER aircraft, but that he continued to control them.
- May 27, 2022 08:35 PM IST
The latest American move came a day after China and Russia vetoed a U.S.-led push to impose more United Nations sanctions on North Korea over its ballistic missile launches, publicly splitting the U.N. Security Council for the first time since it started punishing Pyongyang in 2006.
- May 11, 2022 06:03 PM IST
The price of a small rough diamond, the type that would end up clustered around the solitaire stone in a ring, has jumped about 20% since the start of March.
- April 01, 2022 09:38 PM IST
The March launch was North Korea's most provocative weapons test since President Joe Biden took office.
- March 31, 2022 10:51 PM IST
Visiting US Deputy National Security Adviser Daleep Singh, referring to the "no limits" partnership between Moscow and Beijing, said India should not expect Russia to come to its defence in case China violates the Line of Actual Control (LAC).
- March 24, 2022 07:29 PM IST
The United States will impose full blocking sanctions on more than 400 individuals and entities, including the Duma, Russia’s lower house of parliament, and 328 of its members, more than a dozen Russian elites and 48 Russian defense companies.
- March 07, 2022 07:02 PM IST
Apart from geopolitical compulsions, India needs to make sure that revamping trade flows to Russia doesn’t do more harm than good to the export and banking sectors, senior officials said.
- March 03, 2022 09:17 PM IST
The Moscow stock exchange has been closed since Monday and Russian Prime Minister Mikhail Mishustin announced on Tuesday that Russia was preparing a decree to stop the haemorrhaging of foreign investment to the country.
- March 03, 2022 10:23 AM IST
The US and its European allies have imposed sweeping sanctions on Russian banks, businesses and powerful oligarchs with major business interests. With the US warning of secondary sanctions for non-US citizens who conduct business with these entities, Indian companies are waiting for the dust to settle.
- March 01, 2022 04:26 PM IST
National self-interest is the guiding principle of international relations and New Delhi is keen to do just that
- February 28, 2022 08:33 PM IST
About 15 minutes into trading, the Dow Jones Industrial Average was down 1.2 percent at 33,657.92. The broad-based S&P 500 dropped one percent to 4,340.69, while the tech-rich Nasdaq Composite Index shed 0.9 percent to 13,574.60.
- February 25, 2022 07:14 PM IST
The experience of Moscow’s aggression towards Ukraine in 2014 suggested Russia’s president will push as far as he can
- February 25, 2022 09:32 AM IST
Russia is on a strong footing, with better economic conditions, diversified forex reserves and reduced reliance on US dollar
- January 30, 2022 07:34 PM IST
Experts say its unlikely the U.S. and its allies would agree to something as sweeping as a complete ban on trade with Russia or an embargo. Rather, industries and individuals probably will continue to bear the brunt of sanctions as the crisis deepens.
- January 14, 2022 08:01 AM IST
In a statement carried by North Korea’s official Korean Central News Agency, an unidentified Foreign Ministry spokesperson defended the North’s recent launches of purported hypersonic missiles as a righteous exercise of self-defense.
- December 07, 2021 09:31 PM IST
The US sanctions that could target Russia's biggest banks and Moscow's ability to convert roubles into dollars and other currencies, were designed to dissuade President Vladimir Putin from using tens of thousands of troops massed near the Ukrainian border to attack its southern neighbour.
- October 23, 2021 04:23 PM IST
Special Representative Sung Kim's visit came days after North Korea fired a new submarine-launched ballistic missile, which prompted criticism from Washington and calls for a return to talks aimed at denuclearising the North in return for U.S. sanctions relief.
