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

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

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

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.

Live Updates

Russia-Ukraine War LIVE Updates | BREAKING: Boeing has announced suspension of support for Russian airlines, AFP has reported.

Mar 2, 2022 6:58 AM

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.

Mar 2, 2022 6:56 AM

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

Mar 2, 2022 6:49 AM

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.

Mar 2, 2022 6:46 AM

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. 

Mar 2, 2022 6:44 AM

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. 

Mar 2, 2022 6:35 AM

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.

Mar 2, 2022 6:30 AM
Russia-Ukraine conflict likely to delay LIC IPO to next fiscal; govt to reassess March listing this week
LIC IPO timeline was planned considering local factors and would ideally like to go ahead with it. However, "now, there is a full-scale war. Therefore, I need to go back and review the situation,"…
US bans Russian flights from American airspace; Russia military starts war drills with nuclear subs, land-based missile: HIGHLIGHTS
Mar 2, 2022 6:28 AM

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.

Mar 2, 2022 6:27 AM

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.

Mar 2, 2022 6:26 AM

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.

Mar 2, 2022 6:24 AM
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
Mar 2, 2022 6:21 AM

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.

Mar 2, 2022 6:20 AM

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.

Mar 2, 2022 6:17 AM
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
Mar 2, 2022 1:43 AM