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Press conference on global corporate taxation and shell entities in Brussels

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The sixth package of EU sanctions against Russia blocked: European Commissioner

May 19, 2022 Vinayak Barot

New Delhi: The sixth package of EU sanctions against Russia is blocked, European Commissioner for Economy Paolo Gentiloni said on Wednesday in an interview with a TV channel. “We adopted five packages of sanctions very quickly and unanimously, but the sixth package is still holding off for known reasons. I am optimistic about the prospects for […]

Russian President Putin holds meeting on development of oil industry

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West downplayed the importance of traditional energy for internal political reasons: Putin

May 18, 2022 Vinayak Barot

New Delhi: Western politicians speculated on people’s natural concern about climate issues, downplaying the importance of traditional energy and overestimating the role of alternative energy, Russian President Vladimir Putin said at a meeting on the development of the oil industry on Tuesday. “In fact, the so-called political class in the West began to speculate on […]

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McDonald’s initiates selling its business in Russia: Report

May 17, 2022 Vinayak Barot

New Delhi: McDonald’s announced its withdrawal from the Russian market and has started selling its business in the country, according to the company’s statement published on Monday. “After more than 30 years of operations in the country, McDonald’s Corporation announced it will exit the Russian market and has initiated a process to sell its Russian business. […]

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President Zelensky confirms evacuation of troops from besieged Azovstal plant in Ukraine

May 17, 2022 Vinayak Barot

New Delhi: Ukrainian President Vladimir Zelensky confirmed in his video address that an evacuation of national troops from the Azovstal steelmaking complex in Mariupol had started. “We cherish a hope that we will be able to save the lives of our boys,” Zelensky said. “There are severely wounded ones among them and they need medical […]

Russia’s Defence Ministry gives press briefing on forthcoming Vostok 2018 joint military exercise

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Russian air defense downs six Ukrainian drones and intercepts three Smerch rockets

May 15, 2022 Vinayak Barot

New Delhi: During the day, Russian air defense forces downed six Ukrainian drones, including one above Snake Island, Russian Defense Ministry spokesman Major General Igor Konashenkov said Saturday. Konashenkov added that Russian forces also intercepted a Tochka-U tactical missile and three Ukrainian Smerch rockets. “During the day, Russian missile forces and artillery hit 6 control […]

Business

Japan to prohibit exports of high-tech equipment to Russia

May 14, 2022 Vinayak Barot

New Delhi: Japan is expanding the list of goods and technologies, whose exports to Russia are prohibited over the situation around Ukraine, the Japanese ministry of economy, trade, and industry said on Friday. The ban has already been approved by the country’s government and will come into force on May 20. Overall, the updated document […]

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Russian Defense Minister Discusses a Situation in Ukraine with Pentagon Chief

May 14, 2022 Vinayak Barot

New Delhi: The situation in Ukraine was among the topics discussed by Russian Defense Minister Sergey Shoigu and US Secretary of Defense Lloyd Austin over the phone, the Russian defense ministry said on Friday. “Russian Defense Minister Sergey Shoigu had telephone talks with US Secretary of Defense Lloyd Austin at the initiative of the American […]

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Russia is ramping up cyber war: Elon Musk

May 11, 2022 Vinayak Barot

New Delhi: Billionaire entrepreneur Elon Musk targeted Russia over its unpredicted actions against Ukraine. Elon Musk claimed his Starlink satellite internet service has also been targeted by Moscow, which is becoming increasingly indiscriminate in its efforts to sabotage the network. Based on intelligence reports, the US, UK and the European Union have collectively alleged that […]

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Russian forces destroy weapons from US and Western countries at Sol railway station

May 9, 2022 Vinayak Barot

New Delhi: Russian Defense Ministry Spokesman Igor Konashenkov on Sunday said that “Russian high-precision air-to-surface missiles hit Western weapons and military hardware delivered to the Sol railway station,” “High-precision air-based missiles of the Russian aerospace forces destroyed weapons and military hardware delivered from the United States and Western countries to the sol railway station near the […]

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US imposes sanctions on 33 Russian individuals, 22 companies, and 69 ships

May 9, 2022 Vinayak Barot

New Delhi: The US Department of the Treasury has supplemented its sanction lists with 33 more Russian individuals, 22 companies, and 69 ships flying the Russian flag. According to a Russian media report, the sanctions apply to Moscow Industrial Bank and its ten subsidiaries are Agropromyshlenny Kompleks Voronezhski OOO; Anninskii Elevator OOO; Auditkonsalt OOO; Belinveststroi OOO; […]