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U.S. hopes India will distance itself from Russia after Ukraine invasion

NEW DELHI (Reuters) – The United States called on India on Wednesday to distance itself from Russia, its main arms supplier, after the invasion of Ukraine, which New Delhi has yet to condemn. New U.S. sanctions on Russian banks will make it harder for countries to buy major defence equipment from Moscow, a U.S. diplomat …

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Putin spoke by phone with India’s Modi -TASS cites Kremlin

MOSCOW (Reuters) – Russian President Vladimir Putin spoke by phone with Indian Prime Minister Narendra Modi on Wednesday and discussed the evacuation of Indian citizens from Ukraine, TASS news agency quoted the Kremlin as saying. India joined China and the United Arab Emirates last week in abstaining on a draft U.N. Security Council resolution, vetoed …

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India asks its students to immediately leave Ukraine’s Kharkiv

NEW DELHI (Reuters) -India’s foreign ministry on Wednesday urged Indian students in an advisory on Wednesday to immediately leave the northeastern Ukrainian city of Kharkiv that has come under heavy Russian bombardment. Russian air and rocket strikes pounded Kharkiv on Wednesday, almost a week into Russia’s invasion of Ukraine, according to local emergency services. On …

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Indian couple fleeing Ukraine cross from ‘cruelty to hospitality’

By Octav Ganea, Luiza Ilie and UKRAINE-CRISIS-WEDDING-SHELTER CORBEANCA, Romania (Reuters) – Harsh Panwar and his girlfriend Reva Shrivastava slept soundly for the first time in a week at a shelter in a wedding venue near the Romanian capital Bucharest, after fleeing Ukraine to the sound of sirens warning of Russian air strikes. Indians Panwar, 21, …

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Indian banks concerned as trade settlements with Russia stall in face of sanctions

By Nupur Anand MUMBAI (Reuters) – Indian banks are scrambling after bills for imports from Russia have started bouncing and payments for exports have been stuck in the wake of sanctions imposed by the west on Russia following its invasion of Ukraine. “Due to the various sanctions the payment settlements have halted and that’s a …

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Pressure grows in India to condemn old friend Russia’s invasion of Ukraine

By Alasdair Pal and Sanjeev Miglani NEW DELHI (Reuters) – India’s opposition on Wednesday stepped up pressure on the government to condemn the Russian invasion of Ukraine, a day after an Indian student died during shelling in the eastern city of Kharkiv. India is yet to criticise long standing arms supplier Russia publicly, instead urging …

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India asks Indonesia to raise palm oil supply as prices spike – sources

By Rajendra Jadhav, Krishna N. Das and Aftab Ahmed NEW DELHI/MUMBAI (Reuters) – India has asked Indonesia to increase palm oil shipments to the country to compensate for a loss of sunflower oil supplies from the Black Sea region due to the Ukraine crisis, several government and industry sources in India told Reuters. India, the …

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Two years after world’s biggest lockdown, India surges back to normal life

By Rama Venkat BENGALURU (Reuters) – Almost two years after India went into the world’s biggest lockdown to slow the spread of COVID-19, students headed back to school in Maharashtra state on Wednesday, a sign of normal life resuming as infection rates fall. India’s daily coronavirus infections rose by less than 10,000 for a third …

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Asian equities see outflows for second straight month in Feb

By Gaurav Dogra (Reuters) – Asian equities suffered a second successive month of outflows in February as investors jettisoned riskier assets due to rising tensions between Russia and Ukraine and on fears of aggressive monetary tightening by the U.S. Federal Reserve this year.     According to Refinitiv data, cross-border investors sold Asian equities worth a …

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