 | Ban on gold imports, tightening export controls: EU moves closer to imposing more sanctions on RussiaIf no objections are raised by national capitals by early Thursday, it will be published in the official journal, after which details of the limited package will become available. |
 | Exchange rate new sticking point in rupee-rouble trade between India and RussiaThe RBI had, through its notification, authorised Indian banks to open Vostro accounts in a foreign partner bank where payments for imports could be made in rupees. |
 | Economics of war: Europe stares at food, energy shortage as Ukraine-Russia conflict drags onThe continent relies on Russian natural gas, and higher energy prices are flowing through to factories, food costs and fuel tanks. |
 | Volatile crude, impending recession roil global marketsHigh inflation driven by high energy prices and a drop in the US GDP by 1.4% is other worrying signs. |
 | Ukraine likely to get EU membership; Britain pledges military aid, trainingIn another show of western support, British Prime Minister Boris Johnson met with President Volodymyr Zelenskyy in Kyiv to offer continued aid and military training. |
 | EU to import oil from Israel via Egypt amid Ukraine-Russia warIn the year 2021, the European Union imported roughly 40% of its gas from Russia, making it difficult for the EU to impose sanctions on Russia over its ongoing conflict with Ukraine. |
 | Oil movement from Sakhalin-1 project disrupted due to Russia sanctions: ONGC Videsh LtdOVL has a 20 per cent stake in Sakhalin-1 which is operated by ExxonMobil's Russian subsidiary, however, Exxon announced its exit from the project following Russia's invasion of Ukraine. |
 | Impossible to 'fence off' country like ours: Russian President PutinPresent-day Russia's mission is to "get back and strengthen" its sovereignty and territories, said President Vladimir Putin. |
 | Detention of Russia's Aeroflot aircraft in Colombo is private legal issue: Sri Lankan PM WickremesingheThe flight, scheduled to depart from Colombo's Bandaranaike International Airport to Moscow as not allowed to depart due to an enjoining order issued by the Commercial High Court of Colombo. |
 | EU struggles to clear Hungary's block on Russian oil ban amid Ukraine warEnvoys from the 27 member states were meeting in an attempt to finalise a sixth package of sanctions against Moscow, but remain deadlocked over a proposed embargo on Russian oil. |
 | Ukraine war: Sanction-hit Russia floats new foreign debt payment systemRussia previously has offered natural gas customers to establish an account in dollars or euros at Gazprombank, then a second account in rubles. |
 | West has declared 'total war' on us with sanctions: Russian Foreign Minister Sergei LavrovAccording to Lavrov, US 'and its satellites are doubling, tripling, quadrupling their efforts to contain our country'. |
 | Legitimate energy transactions can't be politicised: India on oil import from RussiaThe world's third-biggest oil-consuming and importing nation has in recent weeks snapped few cargoes available from Russia at deep discounts as part of its plans to diversify its import basket. |
 | Russia successfully resisted new sanctions 'blitz': President Vladimir PutinPutin said that Russia's economy and financial system withstood the impact of what he called the Western sanctions 'blitz'. |
 | 'India buys less oil from Russia than what Europe does in afternoon': Jaishankar hits back at USJaishankar said India has made a number of statements (on Russia-Ukraine war) which outline its position in the United Nations, in Indian Parliament, and in other forums. |
 | S&P downgrade indicates Russia headed for historic default amid sanctionsIt said it didn't expect Russia to be able to convert the rubles into dollars within the 30-day grace period allowed. |
 | Russia accuses YouTube of blocking parliamentary channel's accountAccording to Moscow, Duma-TV has more than 145,000 subscribers. It airs clips of parliamentary debates and interviews of Russian lawmakers. |
 | US Deputy NSA didn't issue any warning to India: Biden administration ahead of 2+2 summitThere has been some disquiet in Washington over India's position on the Ukraine crisis as well as its decision to procure discounted Russian oil. |
 | 'No formal rupee-rouble payment platform in place yet': RBI says sensitive to economic sanctions on RussiaAny such payment mechanism involving rupee and rouble payments for imports and exports would help circumvent the sweeping economic sanctions imposed on Russia by the western nations. |
 | Ukraine war: Europe set to ban Russian coal, but struggles on oil and gasThe coal ban, which is expected to be approved in a new package of sanctions this week, would cost Russia $4 billion a year, said the European Commission, the EU's executive arm. |
