The US and European governments should exploit their greatest strategic advantage over Putin — their economic power — and cut Russia off from the global financial system.
The sanctions imposed by the West may not have an impact on the payments as transaction between the two countries are made in Indian rupees for both imports and exports.
Putin said he regrets Soviet Union’s demise & doesn't accept Europe’s post-Cold War security architecture. He sees himself on a mission to undo wrongs inflicted by Lenin’s Bolsheviks.
It's hard to assess the impact on India if the West introduces secondary sanctions on banks and corporations in China that continue to trade with Russia.
Asked if India was fully on board with the US on the Russian aggression, Biden says 'will have consultations' with New Delhi. It is understood that India and the US aren't on the same page.
Some of the typically sluggish indicators such as consumer sentiment, bank credit have seen a pick up. But escalating geopolitical tensions and higher oil prices pose risks.
Russia has 30,122 armoured vehicles to Ukraine’s 12,303, and 605 warships to Ukraine’s 38, as well as nuclear weapons — which Kyiv gave up — and hypersonic missiles.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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