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Bloodbath on bourses: Russia-Ukraine tiff shaves off over Rs. 5.15 lakh crores

Mumbai: In the networked global economy, they expected it since the last weekend when a telephonic conversation between US President Joe Biden and his Russian counterpart Vladimir Putin failed to dissuade Russia’s resolve to attack Ukraine. The geopolitical breakdown between NATO and Moscow was also reflected in global crude prices, which are now above the […]

Roving Periscope: With funding curtailed, Xi’s BRI dream starts crumbling

Virendra Pandit   New Delhi: It was no secret even before the Covid-19 pandemic hit the world in January 2020 that the planet’s biggest-ever infrastructure project, worth USD 200 billion—China’s Belt and Road Initiative (BRI)—was facing rough weather. Now, this gargantuan dream project of China’s President-for-Life Xi Jinping is almost crashing down for want of […]
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