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    US bans Russian flights from American airspace; Russia military starts war drills with nuclear subs, land-based missile: HIGHLIGHTS

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    US bans Russian flights from American airspace; Russia military starts war drills with nuclear subs, land-based missile: HIGHLIGHTS

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    Russia-Ukraine war highlights: Indian ministers Jyotiraditya Scindia, Hardeep Puri, Kiren Rijiju and VK SIigh have left for neighbouring countries of Ukraine to facilitate the evacuation of Indians stuck in Ukraine amidst the raging war in the country. Earlier in the day, the Ministry of External Affairs confirmed that an Indian student was killed in shelling in Kharkiv. This as a 40-mile long Russian military column is approaching Kyiv suggesting a full-scale assault to take control of the Ukrainian capital. Meanwhile, more than 70 Ukrainian servicemen were killed when Russian troops shelled a military base in the town of Okhtyrka in Ukraine's northeastern Sumy region, regional governor Dmytro Zhyvytskyy said on Facebook. Russia launched a full-scale invasion of Ukraine last week, having previously massed over 100,000 troops close to its borders for drills, while the United States-led Western countries have slapped a 'severe' economic sanctions regime against Moscow. Catch all the highlights surrounding the Russia-Ukraine war here.

    US bans Russian flights from American airspace; Russia military starts war drills with nuclear subs, land-based missile: HIGHLIGHTS
    • Russia-Ukraine War LIVE Updates | BREAKING: Boeing has announced suspension of support for Russian airlines, AFP has reported.

    • Russia-Ukraine War LIVE Updates | Apple stops product sales in Russia, adding to pressure from shippers, car makers

      American big brands including Apple, Google and Harley-Davidson on Tuesday cut sales and distanced themselves from Russia because of the invasion of Ukraine, joining a growing list of companies from shippers to car makers to energy companies shunning the country. Apple Inc said it had stopped sales of iPhones and other products in Russia and Harley-Davidson Inc suspended its business and shipments of its bikes. The world's biggest shipping lines, MSC and Maersk, on Tuesday suspended container shipping to and from Russia, deepening the country's isolation.

    • Russia-Ukraine War LIVE Updates | Air raid sirens ring out in Kyiv overnight as the Russian bombardment of the Ukrainian capital resumes (AFP):

    • Here are the top five developments from the night you might have missed: 

      >> US to ban Russian flights from American airspace, officials say

      >> Ford Motor Co. has said that it would be suspending the company's operations in Russia.

      >> American big brands including Apple, Google and Harley-Davidson on Tuesday also cut sales and distanced themselves from Russia.

      >> Oil prices surged over 7% on Tuesday to their highest since 2014, as a global agreement to release crude reserves failed to calm fears about supply disruptions from Russia's invasion of Ukraine.

      >> The United Nations' top court has scheduled hearings next week into a request by Ukraine for the court to order Moscow to halt its invasion. Lawyers for Ukraine will present arguments March 7 supporting its request. Russia's lawyers will be given time to respond on March 8.

    • Russia-Ukraine War LIVE Updates | What to expect today:

      The two key developments to pay close attention to today, with regards to the developing situation in Ukraine, would be the State of the Union address to be delivered by US President Joe Biden and the ongoing battle for Ukraine's capital city, Kyiv.

      Apart from that, more evacuations of Indian students from war-torn Ukraine are also expected today. Indian ministers Jyotiraditya Scindia, Hardeep Puri, Kiren Rijiju and VK SIigh have left for neighbouring countries of Ukraine to facilitate the evacuation of the Indian nationals. 

    • Russia-Ukraine War LIVE Updates | Russian oil firms move bank accounts to keep business running: Report 

      Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, including Rosbank, Unicredit and Raiffeisen, five people familiar with the matter told news agency Reuters. The United States sanctioned five major Russian banks, including state-backed Sberbank and VTB, which are widely used for financing oil and gas projects and facilitating energy trading, in response to Moscow's invasion of Ukraine. “We haven't been able to receive payments from our counterparties since last week, so had to make changes to keep business going,” said one source with a Russian oil firm, which had an account with one of the sanctioned banks. 

    • Russia-Ukraine War LIVE Updates | Moscow threatens to block Russian-language Wikipedia over invasion article

      Russian authorities have threatened to block Wikipedia's Russian-language site over an article that mentions deaths among Ukrainian civilians as well as the Russian forces that have entered Ukraine, Russian Wikipedia said on Tuesday. In a tweet, it posted a picture of a notification from the Russian communications regulator, Roskomnadzor, informing it of a threat from state prosecutors to block the site over a Russian-language article titled "Russian invasion of Ukraine (2022)". Among the "illegally distributed information" the notice complained of were "reports about numerous casualties among service personnel of the Russian Federation and also the civilian population of Ukraine, including children." The U.N. human rights office said on Tuesday that at least 136 civilians including 13 children had been killed since Russia invaded Ukraine last week.

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      US bans Russian flights from American airspace; Russia military starts war drills with nuclear subs, land-based missile: HIGHLIGHTS
    • Russia-Ukraine War LIVE Updates | Special flight carrying 218 Indian nationals from Bucharest lands in New Delhi

      The ninth flight of Operation Ganga carrying 218 Indian nationals who were stranded in Ukraine reached the national capital from Bucharest on Tuesday. The evacuation flight is part of the Indian government's mission to bring back its nationals from the war-torn Ukraine in the aftermath of Russia's offensive in the east European nation. As Ukraine has shut its airspace due to the conflict with Russia, India is currently evacuating its nationals by moving them via land routes to the east European country's neighbours, namely Romania, Hungary, Poland and Slovakia, and then flying them out from there. Railways Minister Ashwini Vaishnaw welcomed the batch of Indian nationals at the Indira Gandhi International Airport on Tuesday morning and assured them that the Indian government was working to ensure that every Indian in Ukraine returns home safe.

    • Russia-Ukraine War LIive Updates | World Bank President David Malpass, in a joint statement with IMF chief Kristalina Georgieva, said the aid organization is preparing a $3 billion aid package for war-torn Ukraine, which will include at least $350 million in immediate funds.

    • Russia-Ukraine War LIVE Updates | Euro testing support as Ukraine crisis looms over growth

      The euro was under pressure on Wednesday as intensifying Russian bombardment of Ukraine's cities and a surging oil price raised investor concerns about a hit to Europe's economy and growth. The common currency briefly fell below support to touch a 21-month low of $1.1090 overnight, before recovering a  bit to trade at $1.1131 early in the Asia session. "The risk is a sustained move below $1.1106 if market participants downgrade the Eurozone economic outlook," said Commonwealth Bank of Australia analyst Kim Mundy. Sterling, which fell 0.7% overnight, was also squeezed at $1.3327. The safe-haven yen was firm, tracking a risk-averse mood in other markets and was last just above its 50-day moving average at 114.85 per dollar. Russia's rouble, hammered to a record low of 117 to the dollar on Tuesday as Western sanctions hit, remained on the cheaper side of 100.

    • Trade setup for Mar 2: Can Nifty50 stay above 16,750 amidst Ukraine turmoil? Check out key market cues, important levels to watch, technical chart signals
      Trade setup for Wednesday, March 2: The Nifty50 has made a smart recovery but it remains to be seen whether the bulls are strong enough to keep it above the 16,750 level, say experts. Here's what the…
      US bans Russian flights from American airspace; Russia military starts war drills with nuclear subs, land-based missile: HIGHLIGHTS
    • Russia-Ukraine War Live Updates | Mexico won't impose sanctions on Russia

      Mexican President Andrs Manuel Lopez Obrador says his government will not impose any economic sanctions on Russia over its invasion of Ukraine. The president often cites a guiding principle of nonintervention in foreign affairs. He said Tuesday that we want to maintain good relations with all the world's governments, and we want to be in a position to be able to speak with all parties to the conflict. Russian investment in Mexico is estimated at some $132 million and the bilateral trade at more than $2.4 billion.

    • Good morning and welcome to another day of our LIVE coverage of the Ukraine crisis.

      Here are the top five developments from the night you might have missed: 

      >> US to ban Russian flights from American airspace, officials say

      >> Ford Motor Co. has said that it would be suspending the company's operations in Russia.

      >> American big brands including Apple, Google and Harley-Davidson on Tuesday also cut sales and distanced themselves from Russia.

      >> Oil prices surged over 7% on Tuesday to their highest since 2014, as a global agreement to release crude reserves failed to calm fears about supply disruptions from Russia's invasion of Ukraine.

      >> The United Nations' top court has scheduled hearings next week into a request by Ukraine for the court to order Moscow to halt its invasion. Lawyers for Ukraine will present arguments March 7 supporting its request. Russia's lawyers will be given time to respond on March 8.

    • Russia-Ukraine conflict, sanctions may not impact Asia-Pacific much: Moody’s Analytics report
      Major imports from Russia into APAC include oil and natural gas. Some countries import wheat and specialty gases such as neon and helium as well. But the overall volume of trade with the region is…
      US bans Russian flights from American airspace; Russia military starts war drills with nuclear subs, land-based missile: HIGHLIGHTS
    • Russia-Ukraine War Live Updates | US Secetary of State Anthony Blinken calls Napalese PM Deuba; seeks support on Russian invasion of Ukraine

      US Secretary of State Antony Blinken on Tuesday spoke with Nepali Prime Minister Sher Bahadur Deuba during which the top American diplomat discussed Russia's attack on Ukraine and the importance of respecting the UN Charter's principles of sovereignty and territorial integrity of states. During the telephonic call Blinken also emphasised on the strong diplomatic ties between Nepal and the US.

    • Russia-Ukraine War Live Updates | Turkey's Erdogan urges cease-fire in Ukraine

      Turkish President Recep Tayyip Erdogan has called for an immediate cease-fire between the Russian and Ukrainian forces. Our call to both Russia and Ukraine is: let the firing stop as soon as possible, let Russia and Ukraine make a beautiful contribution to peace, Erdogan said Tuesday during a joint news conference with Kosovar President Vjosa Osmani-Sadriu, on Tuesday. The Turkish leader said on Turkey welcomes overtures by European Union officials toward Ukraine after Ukrainian President Volodymyr Zelenskyy signed an application to join the bloc.  He however, urged the EU to show the same sensitivity toward Turkey.
    • Russia-Ukraine War Live Updates | Putin bans cash exports from Russia exceeding $10,000 in value: Kremlin

      Russian President Vladimir Putin has issued a decree banning cash exports of foreign currency from Russia exceeding $10,000 in value with effect from March 2, the Kremlin said in a statement.

    • Russia-Ukraine War Live Updates | Red Cross president says he is optimistic about possible POW visits in Ukraine

      The head of the International Committee of the Red Cross (ICRC) told Reuters on Tuesday that he was "cautiously positive" that the aid agency would gain access to Ukrainian and Russian troops detained in the context of the conflict. Peter Maurer, ICRC President, said that this was based on a "good understanding" of the neutral aid agency's work from his discussions with senior officials on both sides of the nearly week-old conflict. Maurer, asked about detainee visits, said: "It hasn't happened yet. But I am cautiously positive from my conversations now over the last couple of days with Ukrainian and Russian interlocutors that there is a good understanding of what the legal situation is, and about the importance of ICRC having access (to detainees) and being able to do that work."

    • Russia-Ukraine War Live Updates | Palladium rises as Russia sanctions cloud supply outlook, gold jumps

      Palladium surged to a seven-month peak on Tuesday as Western sanctions against Russia over its invasion of Ukraine raised supply concerns, while tensions surrounding the crisis also bolstered demand for safe-haven gold. The auto-catalyst metal XPD= jumped as much as 9.4% to $2,722.79 per ounce in the session and was up 3.4% at $2,572.23 by 2:02 p.m. ET (1902 GMT). "There is tremendous concern that Russia, a key exporter of palladium, is going to face severe disruptions as the flight bans are going to impose a big trouble in getting supplies to different places," said Edward Moya, senior market analyst at OANDA. Russia is the biggest producer of palladium, with Moscow-based Nornickel GMKN.MM accounting for 40% of the metal's global mine production last year.

    • Russia-Ukraine War Live Updates | Hungarians protest Ukraine invasion, Russian bank in Budapest

      Several hundred Hungarians rallied in central Budapest on Tuesday to protest against the Russian invasion of Ukraine, which has sent tens of thousands of refugees across the border, with most of them fleeing towards Western Europe. The rally outside the offices of the International Investment Bank (IIB), which moved its headquarters to Budapest from Moscow in 2019, was called by opposition leader Peter Marki-Zay, who runs on a strongly pro-Europe agenda. The opposition has dubbed the IIB, in which Russia holds a 42.9% stake according to 2019 data, as a "spy bank" representing President Vladimir Putin's influence in Hungary. Hungary is the second-largest shareholder with a 17.2% stake.

    • Russia-Ukraine War Live Updates | Euro drops to lowest since June 2020 as Russia's invasion of Ukraine moves forward

      The euro hit its lowest against the U.S. dollar since June 2020 on Tuesday and the Russian rouble was down in volatile trading as Russia's invasion into Ukraine intensified and oil prices surged.

      The U.S. dollar index , which measures the greenback against a basket of currencies, jumped and was last up 0.8%. (Reuters)

    • Russia-Ukraine War Live Updates | US Vice President Harris speaks with five leaders from NATO eastern flank

      U.S. Vice President Kamala Harris on Tuesday held separate telephone calls with the leaders of five countries that form NATO's eastern flank amid the Russian invasion of neighboring Ukraine, the White House said. In calls with the leaders of Estonia, Latvia, Lithuania, Poland and Romania, Harris said Washington would continue to support Ukraine and its neighbors as they deal with refugee flows and other humanitarian needs, the White House said.

    • Russia-Ukraine War Live Updates | The International Court of Justice said Tuesday it would hold hearings on March 7 and 8 over the war in Ukraine as fighting intensifies, AFP has reported.

    • Russia-Ukraine War Live Updates | UK slaps sanctions against Belarus 

      UK Foreign Secretary Liz Truss has announced a first tranche of sanctions against Belarusian individuals and organisations. This is in response to the role the country is playing in Russia’s invasion of Ukraine, reports suggest.

    • Russia-Ukraine War Live Updates | Russian and Belarusian tennis players will be allowed "for the time being" to continue competing in ATP and WTA tournaments and Grand Slam events, the sport's governing bodies said on Tuesday. 

    • Russia-Ukraine War Live Updates | Reports indicate a "massive" expolsion over Kharkiv, where battle between Russian and Ukranian forces has been raging and where earlier today an Indian student was killed. 

    • Russia-Ukraine War Live Updates | Russia to retaliate for U.S. expulsion of 12 diplomats at U.N

      Russia said on Tuesday it would retaliate over the U.S. expulsion of 12 of its diplomats at the United Nations for alleged spying. Foreign Ministry spokeswoman Maria Zakharova said the U.S. action "will not remain without a proper reaction and an answer - not necessarily symmetrical." The United States said on Monday the expelled diplomats were "intelligence operatives" who had been "engaging in espionage activities that are adverse to our national security."

    • Russia-Ukraine War Live Updates | Polish President Andrzej Duda, during a visit by NATO chief Jens Stoltenberg, said his country would not send military planes to Ukraine since it would be seen as "military interference", AFP has reported.

    • Russia-Ukraine War Live Updates | U.S. says expels Russian spy working for United Nations

      The United States is expelling a Russia "intelligence operative" who works at the United Nations, said a spokesperson for the U.S. Mission to United Nations on Tuesday. "On February 28, the United States also initiated the process to require the departure of one Russian intelligence operative working at the United Nations who has abused their privileges of residence in the United States," the spokesperson said. The expulsion of the Russian working for the United Nations is in addition to the 12 Russian U.N. diplomats whom Washington has also ordered to leave the country over national security concerns. (Reuters)

    Russia-Ukraine war HIGHLIGHTS: 
    A 40-mile long Russian military column is approaching Kyiv suggesting a full-scale assault to take control of the Ukrainian capital. This as reports suggest that Russian nuclear submarines have sailed off for drills in the Barents Sea and mobile missile launchers are roaming snow forests in Siberia. Meanwhile, Indian ministers Jyotiraditya Scindia, Hardeep Puri, Kiren Rijiju and VK SIigh have left for neighbouring countries of Ukraine to facilitate the evacuation of Indians stuck in Ukraine amidst the raging war in the country. Earlier in the day, the Ministry of External Affairs confirmed that an Indian student was killed in shelling in Kharkiv.  More than 70 Ukrainian servicemen were killed when Russian troops shelled a military base in the town of Okhtyrka in Ukraine's northeastern Sumy region, regional governor Dmytro Zhyvytskyy said on Facebook. Russia launched a full-scale invasion of Ukraine last week, having previously massed over 100,000 troops close to its borders for drills, while the United States-led Western countries have slapped a 'severe' economic sanctions regime against Moscow. Catch all the highlights surrounding the Russia-Ukraine war here.

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