The live blog session has concluded. For more news, views and updates, stay tuned with Moneycontrol.com.
Russia-Ukraine News Highlights: The Kremlin on Sunday said it has warned Ukraine that Russia's military operation would be suspended during any potential talks, reported news agency Reuters, quoting local reports. Russia earlier said its delegation was ready to meet Ukrainian officials in the Belarusian city of Gomel, a location Kyiv rejected as
Ukraine President Volodymyr Zelensky said Sunday Ukraine was willing to hold talks with Russia, but rejected convening them in neighbouring Belarus as it was being used as a launchpad for Moscow's invasion. "Warsaw, Bratislava, Budapest, Istanbul, Baku. We proposed all of them," Zelensky said in an address posted online.
Earlier today, Russian President Vladimir Putin saluted the "heroism" of Russian special forces as troops entered entered Ukraine's second city Kharkiv. Machine gun fire and explosions rocked Kharkiv as street fighting raged after Russia's invading forces broke into the city.
The United States, Britain, Europe and Canada moved to block certain Russian banks' access to the SWIFT international payment system as part of more sanctions against Moscow as it continues its assault against Ukraine.
The measures, which will also include restrictions on the Russian central bank's international reserves, will be implemented in the coming days, the nations said in a joint statement that also vowed further action to come.
Seeking to ratchet up economic punishment for Russian President Vladimir Putin over his invasion of Ukraine, the United States and its European partners also said they would impose restrictions on Russia's central bank to limit its ability to support the rouble and finance his war effort.
Sanctions on Russia's central bank could limit Putin's use of his more than $630 billion in international reserves, which have been widely seen as insulating Russia from some economic harm.
Russian President Vladimir Putin launched what he called a special military operation before dawn on Thursday, ignoring Western warnings and saying the "neo-Nazis" ruling Ukraine threatened Russia's security. Russia's assault is said to be the biggest on a European state since World War Two and threatens to upend the continent's post-Cold War order.
The live blog session has concluded. For more news, views and updates, stay tuned with Moneycontrol.com.
The European Union has decided to shut its airspace for Russian aircraft operators, news agency AFP reported.The decision was announced by the EU shortly after a similar announcement was made by Canada, which cited the Ukraine invasion by Moscow as the reason behind taking the move.
Finland is considering whether to send weapons to Ukraine directly, Defence Minister Antti Kaikkonen said on Sunday, in what would be a departure from its long-standing policy of not allowing weapons to be exported to war zones. The minister also said that Finland, which is not a NATO member and shares a long border with Russia, had given the green light to Estonia to send previously Finnish-owned field guns to Ukraine.
Ukraine is running out of oxygen supplies that critically ill people need, the World Health Organization said on Sunday, calling for safe passage for emergency imports as combat rages.
"The oxygen supply situation is nearing a very dangerous point in Ukraine. Trucks are unable to transport oxygen supplies from plants to hospitals across the country, including the capital Kyiv," WHO Director-General Tedros Adhanom Ghebreyesus and WHO Regional Director for Europe Hans Klugesaid in a statement.
"The majority of hospitals could exhaust their oxygen reserves within the next 24 hours. Some have already run out. This puts thousands of lives at risk."
Russian President Vladimir Putin’s nuclear alert ‘dangerous’ and ‘irresponsible’, says NATO chief
Georgia has stood with Ukraine and will always do the same. In the end, Ukraine will win. Killing innocent people is a crime against humanity and whoever did that will be accountable. Hopefully, this war will end soon: Archil Dzuliashvili, Georgia Ambassador to India
Canada has closed its airspace to Russian aircraft operators effective immediately due to Russia's invasion of Ukraine, said Canada's minister of transportation. (Reuters)
“We came through Romania and people there prepared home-cooked meals for us. Until we left Lviv, the situation was normal but it seemed quite uncertain. We want to thank the Government of India for bringing us home safely,” said students who returned from Ukraine
The United States is providing nearly $54 million in additional humanitarian assistance to the people of Ukraine. This assistance enables humanitarian organizations to support citizens of Ukraine already in need & those newly affected by Russia's unprovoked& unjustified attack: US Secy of State
Ukraine's ambassador to Ankara, Vasyl Bodnar, said on Sunday that Turkey-made Bayraktar drones were very efficient in the country's battle against invading Russian forces.
Turkey has sold Kyiv several batches of Bayraktar TB2 drones, which it had in the past deployed against Russian-backed separatists in eastern Ukraine.
Russia's state communications regulator on Sunday said it had written to Alphabet Inc's Google and demanded that access to Russian media's YouTube channels be restored on Ukrainian territory.
The regulator, Roskomnadzor, said it wanted all restrictions imposed on the Russian-language YouTube channels of media outlets RBC, TV Zvezda and Sputnik to be removed.
Moscow on Friday said it was partially limiting access to Meta Platforms Inc's Facebook, accusing it of "censoring" Russian media.