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India-Russia may start visa-free group travel programme by end of 2024: Report

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Consultations between Moscow and New Delhi on the reported bilateral agreement to ease travel will begin in June, the Russian minister said.

Nikita Kondratyev, Director of the Department of Multilateral Economic Cooperation and Special Projects at the Russian Economic Development Ministry has said that India and Russia are in the final stages of commencing visa-free group travel, Russia-controlled international news network RT News reported.

Consultations between Russia and India on the reported bilateral agreement to ease travel will begin in June, the Russian minister said and added that Moscow and New Delhi were set to strengthen tourism ties by launching the visa-free group tourist exchange programme.

“India is in the final stage of internal state coordination,” Nikita Kondratyev, was quoted as saying on May 16, PTI reported.

CNBCTV18 could not independently verify the report. Meanwhile, speaking on the sidelines of the International Economic Forum Russia – Islamic World: KazanForum 2024 in Kazan, the minister highlighted that the first discussions on the draft agreement are scheduled for June, with expectations of signing by the year’s end. Kondratyev stressed that Russia and India’s commitment to bolster tourism ties, mirrors the visa-free tourist exchange programme already established with China and Iran. The initiative with China and Iran commenced on August 1 last year and mark a significant step towards enhancing tourism cooperation between the countries.

In February 2024, Tourism Moscow made a mark at the South Asia Travel & Tourism Exchange (SATTE 2024) exhibition held in Greater Noida, showcasing tourism potentials for Indian travellers in Moscow. A delegation of representatives from Moscow City Tourism Committee and the Made in Moscow project team was one of the largest at the event, showcasing the vibrant tourism offerings of the Russian capital for Indian tourists.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Xi Jinping tells Vladimir Putin China-Russia ties should last ‘generations’

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Xi Jinping said his nation was “ready to work with Russia as a good neighbor, friend and partner with mutual trust,” state broadcaster China Central Television reported Thursday

Chinese President Xi Jinping signaled to Vladimir Putin that ties between the two nations remain strong, as the Russian leader embarks on a new term with the war in Ukraine dragging into its third year.

Xi said his nation was “ready to work with Russia as a good neighbor, friend and partner with mutual trust,” state broadcaster China Central Television reported Thursday after the pair met in Beijing. He added that he was prepared “to consolidate the friendship between the two peoples for generations to come.”

Putin said the cooperation “is one of the main stabilizing factors in the international arena,” according to a video posted on a Kremlin social media account. “Together we uphold the principles of justice and a democratic world order reflecting multi-polar realities and an order in the world based on international law.”

The two leaders’ comments underscore the close relationship that has developed between their nations in recent years. The pair declared a “no-limits friendship” just weeks before Putin launched his full-scale invasion of Ukraine, and have met more than 40 times since Xi came to power in 2012.

Putin wants the visit to ensure that the economic and trade support that China has provided since he attacked Ukraine in early 2022 remains intact. The US has warned China over its trade with Russia, threatening to sanction banks that cross red lines.

The world’s second-largest economy has become an indispensable ally for Russia, which relies on China as a market for its energy and supplier of its wartime needs. That’s put Putin in a sometimes awkward position, with Beijing wary of his nuclear saber-rattling and mindful of the need to keep unfettered access to the US-led global economic system.

Driven by Russian oil and gas sales and purchases of electronics, industrial equipment and cars, Moscow’s trade with China hit a record $240 billion in 2023, more than double the 2020 number.

The visit comes just days after Putin appointed Andrey Belousov, an economist and technocrat, as his new defense minister, replacing the long-serving Sergei Shoigu in a sign the Russian leader sees an extended conflict ahead.

In recent weeks, the US has stepped up warnings to Chinese banks and exporters about consequences if they help to bolster Russia’s military capacity.

In December, the Treasury Department announced it would impose secondary sanctions on banks that facilitate deals in which Russia procures semiconductors, ball bearings and other equipment necessary for its military — even if they’re unaware they’re doing so.

Despite the growing economic ties, China’s exports to Russia were down 13% in April from a year earlier, the second month in a row of an annual decrease, according to Chinese customs data. Russian media reported that Chinese banks in late March began blocking payments from companies in Russia buying components for electronic assembly.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Putin appoints Sergei Shoigu as secretary of Russia’s national security council

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The announcement came as thousands more civilians have fled Russia’s renewed ground offensive in Ukraine’s northeast that has targeted towns and villages with a barrage of artillery and mortar shelling, officials said.

Russia’s President Vladimir Putin on Sunday, May 12, proposed replacing Sergei Shoigu as defence minister and appointed him as secretary of Russia’s national security council. The appointment comes after Putin proposed appointing Andrei Belousov as the country’s defence minister in place of Shoigu, who has served in the post for years. The reshuffle comes as Putin starts his fifth presidential term and as the war in Ukraine drags on for the third year.

In line with Russian law, the entire Russian Cabinet resigned on Tuesday following Putin’s glittering inauguration in the Kremlin.

The announcement came as thousands more civilians have fled Russia’s renewed ground offensive in Ukraine’s northeast that has targeted towns and villages with a barrage of artillery and mortar shelling, officials said.

The intense battles have forced at least one Ukrainian unit to withdraw in the Kharkiv region, capitulating more land to Russian forces across less defended settlements in the so-called contested gray zone along the Russian border.

The town of Vovchansk, among the largest in the northeast with a prewar population of 17,000, emerged as a focal point in the battle.

Volodymyr Tymoshko, the head of the Kharkiv regional police, said that Russian forces were on the outskirts of the town and approaching from three directions.

“Infantry fighting is already taking place,” he said.

A Russian tank was spotted along a major road leading to the town, Tymoshko said, illustrating Moscow’s confidence to deploy heavy weaponry.

An Associated Press team, positioned in a nearby village, saw plumes of smoke rising from the town as Russian forces hurled shells. Evacuation teams worked nonstop throughout the day to take residents, most of whom were older, out of harm’s way.

At least 4,000 civilians have fled the Kharkiv region since Friday, when Moscow’s forces launched the operation, Gov Oleh Syniehubov said in a social media statement. Heavy fighting raged Sunday along the northeast front line, where Russian forces attacked 27 settlements in the past 24 hours, he said.

Analysts say the Russian push is designed to exploit ammunition shortages before promised Western supplies can reach the front line.

Ukrainian soldiers said that the Kremlin is using the usual Russian tactic of launching a disproportionate amount of fire and infantry assaults to exhaust their troops and firepower. In what was previously a static patch of the front line, Russian forces threaten to pin down Ukrainian forces in the northeast, while carrying out intense battles farther south where Moscow is also gaining ground.

It comes after Russia stepped up attacks in March targeting energy infrastructure and settlements, which analysts predicted were a concerted effort to shape conditions for an offensive.

Meanwhile, a 10-story apartment building partially collapsed in the Russian city of Belgorod, near the border, killing at least eight people and injuring 20 others. Russian authorities said that the building collapsed following Ukrainian shelling. Ukraine hasn’t commented on the incident.

Ukrainian President Volodymyr Zelenskyy said that halting Russia’s offensive in the northeast was a priority, and that Kyiv’s troops were continuing counteroffensive operations in seven villages around the Kharkiv region.

“Disrupting the Russian offensive intentions is our No. 1 task now. Whether we succeed in that task depends on every soldier, every sergeant, every officer,” Zelenskyy said.

The Russian Defence Ministry said that its forces had captured four villages on the border along Ukraine’s Kharkiv region, in addition to five villages reported to have been seized on Saturday. These areas were likely poorly fortified because of the dynamic fighting and constant heavy shelling, easing a Russian advance.

Ukraine’s leadership hasn’t confirmed Moscow’s gains. But Tymoshko said that Strilecha, Pylna and Borsivika were under Russian occupation, and it was from their direction they were bringing in infantry to stage attacks in other embattled villages of Hlyboke and Lukiantsi.

Russian tactics in Vovchansk mirror those used in the battles for Bakhmut and Avdiivka in the Donetsk region, he said, in which heavy aerial attacks were accompanied by droves of infantry assaults.

“Now the Russians are simply wiping it (Vovchansk) off the face of the earth and advancing with the scorched earth method. That is, they first scorch a specific area and then the infantry comes in, and they always advance in this way,” he said.

A Ukrainian unit said that they had been forced to retreat in some areas and that Russian forces had captured at least one more village late Saturday.

In a video Saturday evening, the Hostri Kartuzy unit, part of the special forces’ detachment of Ukraine’s national guard, said that they were fighting for control of the village of Hlyboke.

“Today, during heavy fighting, our defenders were forced to withdraw from a few more of their positions, and today, another settlement has come completely under Russian control. As of 20:00, fighting for the village of Hlyboke is ongoing,” the fighters said in the clip.

The Institute for the Study of War said that it believed claims that Moscow had captured Strilecha, Pylna, Pletenivka and Borsivika were accurate, and that geolocated footage also appeared to show that Russian forces have seized Morokhovets and Oliinykove. The Washington-based think tank described the recent Russian gains as “tactically significant.” In the war’s early days, Russia made a botched attempt to quickly storm Kharkiv, which is Ukraine’s second-largest city, but retreated from its outskirts after about a month. In the fall of 2022, seven months later, Ukraine’s army pushed them out of Kharkiv. The bold counterattack helped persuade Western countries that Ukraine could defeat Russia on the battlefield and merited military support.

.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Pannun murder plot case: Russia refutes US allegations against India, says ‘no reliable evidence’

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

“According to the information we have, Washington has not yet provided any reliable evidence of the involvement of Indian citizens in the preparation of the murder of a certain GS Pannun,” an official in Russian foreign ministry said.

Russia has refuted allegations of the United States (US) against India in Sikh separatist leader Gurpatwant Singh Pannun murder plot case. Russia said there has been no evidence of involvement of Indian citizens in the alleged plot to kill Sikh separatist leader.

“According to the information we have, Washington has not yet provided any reliable evidence of the involvement of Indian citizens in the preparation of the murder of a certain GS Pannun. Speculation on this topic in the absence of evidence is unacceptable,” Maria Zakharova, the official spokeswoman of the Russian Foreign Ministry, said at a press briefing on Wednesday (local time), as reported by news agency ANI.

On Tuesday, State Department Spokesperson Matthew Miller told reporters that the US is waiting to see the results of the Indian investigations in the alleged murder plot. “They (Indian government) opened a committee of inquiry to look into the matter, and that work is ongoing; we’ll wait to see the results. But we made it very clear that it’s something that we are taking seriously and we think they, too, should take this seriously,” he said.

The Washington Post, citing unnamed sources, recently named a Research and Analysis Wing (RAW) officer in connection with the alleged plot to kill Pannun on American soil in 2023.

Slamming the report by the US daily, India has strongly rejected the claims, saying that the report made “unwarranted and unsubstantiated” imputations on a serious matter and that an investigation into the case was underway.

“The report in question makes unwarranted and unsubstantiated imputations on a serious matter,” External Affairs Ministry Spokesperson Randhir Jaiswal said in New Delhi on April 30.

Jaiswal said a high-level inquiry committee set up by New Delhi to look into inputs provided by the US on the alleged plot was still probing the case.

With inputs from PTI

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Ukraine says it caught agents for Russia plotting Zelenskiy’s assassination

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The Ukrainian leader, who has led his country’s effort to fend off Russia’s more than two-year-old invasion, said last autumn that his security services had foiled at least five Russian plots to assassinate him, as per Reuters.

Ukraine’s state security service said it caught two agents for Russia plotting the assassination of President Volodymyr Zelenskiy and other top officials as “a gift” for Vladimir Putin as he was sworn in for a new term in the Kremlin on Tuesday.

The two men were colonels in Ukraine‘s state guard service recruited by Russia’s Federal Security Service (FSB) who leaked classified information to Moscow, the Security Service of Ukraine (SBU) said on the Telegram app.

They were tasked with finding someone close to the presidential guard who would take Zelenskiy hostage and later kill him, the SBU statement said, without making clear at what point the alleged plot had been foiled.

“The terrorist attack, which was supposed to be a gift to Putin for the inauguration, was indeed a failure of the Russian special services,” SBU chief Vasyl Maliuk was quoted as saying by his agency on Telegram.

There was no immediate comment from Moscow.

The Kremlin declined to comment last month when asked about the arrest in Poland of a man accused of working with Russian intelligence to prepare a possible attempt to assassinate Zelenskiy.

The Ukrainian leader, who has led his country’s effort to fend off Russia‘s more than two-year-old invasion, said last autumn that his security services had foiled at least five Russian plots to assassinate him.

The spy group also planned to “eliminate” Maliuk and Kyrylo Budanov, the military intelligence agency’s head, the SBU said.

Budanov’s assassination was supposed to happen before Orthodox Easter Sunday on May 5, it added.

The agents sought to inform the Russian side of the whereabouts of Budanov so they could carry out missile and drone attacks at the location, it said. One of the arrested men was involved in transporting and storing drones and explosives for the operation, it added.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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South Africa to Russia: All you need to know about the longest walkable route on Earth

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Spanning 22,387 kilometres, the longest walkable route connects Cape Town in South Africa to the port town of Magadan on the eastern side of Russia.

Have you ever wondered about the most remarkable and challenging walkable route on Earth? Though people across the globe have often gone to faraway places in search of adventure, there is this one journey which remains yet to be fully explored.

We are talking about an epic trek spanning an astonishing 22,387 kilometres (13,910 miles). This longest walkable route connects Cape Town in South Africa to the port town of Magadan on the eastern side of Russia.

The route is not much explored yet; no person has been able to complete this long walk so far, according to multiple reports.

The netizens have called this the “potential longest walkable road”.

As per reports, this longest possible route passes through as many as 17 countries, crossing multiple mountains and deserts. And if you are thinking of making an effort to be the first one to cover this route, let us remind you that the total distance between the two destinations is a staggering 22,387 km.

However, you may consider reducing the hard work by taking a boat across the Black Sea which will ultimately save you some hours. The total distance of the route in this case shall be 21,779 kilometres.

How to cover this distance?

Those planning to go this route, can travel via Africa and later cross the Suez Canal via Turkey, and Central Asia, and then move toward Siberia and later Russia. To cover this whole distance, you will have to travel through various countries under different time zones and weather conditions.

Can it be covered on foot?

Well, if you are thinking about embarking on this journey on foot, you will have to keep walking continuously for a total of 4,492 hours. Without breaks, the total time accumulates to 187 days.

If you are thinking about walking eight hours a day, then you will be able to cover this distance in 562 days. In this time, you can conquer the world’s highest peak Mount Everest 13 times and return, as per reports.

This route passes through several conflicted nations like Syria and Sudan. To enter some of these nations on the route, you will be required to apply for a visa.

Besides this, you will be required to deal with the scorching heat of the Sahara Desert, Siberia’s nail-biting snow, and so much more.

To cover this distance, a traveller requires strong survival skills and good immunity for the body to stay healthy in the changing weather conditions.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Vladimir Putin begins his fifth term as president, more in control of Russia than ever

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Already in office for nearly a quarter-century and the longest-serving Kremlin leader since Josef Stalin, Putin’s new term doesn’t expire until 2030, when he will be constitutionally eligible to run again.

Vladimir Putin began his fifth term Tuesday as Russian leader at a glittering Kremlin inauguration, setting out on another six years in office after destroying his political opponents, launching a devastating war in Ukraine and concentrating all power in his hands.

Already in office for nearly a quarter-century and the longest-serving Kremlin leader since Josef Stalin, Putin’s new term doesn’t expire until 2030, when he will be constitutionally eligible to run again.

At the ceremony inside the gilded Grand Kremlin Palace, Putin placed his hand on the Russian Constitution and vowed to defend it as a crowd of hand-picked dignitaries looked on. Since succeeding President Boris Yeltsin in the waning hours of 1999, Putin has transformed Russia from a country emerging from economic collapse to a pariah state that threatens global security.

Following the 2022 invasion of Ukraine that has become Europe’s biggest conflict since World War II, Russia has been heavily sanctioned by the West and is turning to other regimes like China, Iran and North Korea for support.

The question now is what the 71-year-old Putin will do over the course of another six years, both at home and abroad. Russian forces are gaining ground in Ukraine, deploying scorched-earth tactics as Kyiv grapples with shortages of men and ammunition. Both sides are taking heavy casualties.

Ukraine has brought the battle to Russian soil through drone and missile attacks, especially in border regions. In a speech in February, Putin vowed to fulfil Moscow’s goals in Ukraine, and do what is needed to defend our sovereignty and security of our citizens.

Shortly after his orchestrated reelection in March, Putin suggested that a confrontation between NATO and Russia is possible, and he declared he wanted to carve out a buffer zone in Ukraine to protect his country from cross-border attacks.

At home, Putin’s popularity is closely tied to improving living standards for ordinary Russians. He began his term in 2018 by promising to get Russia into the top five global economies, vowing it should be modern and dynamic. Instead, Russia’s economy has pivoted to a war footing, and authorities are spending record amounts on defense.

Analysts say now that Putin has secured another six years in power, the government could take the unpopular steps of raising taxes to fund the war and pressure more men to join the military. At the start of a new term, the Russian government is routinely dissolved so that Putin can name a new prime minister and Cabinet.

One key area to watch is the Defence Ministry. Last year, Defence Minister Sergei Shoigu came under pressure over his conduct of the war, with mercenary leader Yevgeny Prigozhin launching withering criticism against him for shortages of ammunition for his private contractors fighting in Ukraine. Prigozhin’s brief uprising in June against the Defence Ministry represented the biggest threat to Putin’s rule.

After Prigozhin was killed two months later in a mysterious plane crash, Shoigu appeared to have survived the infighting. But last month, his protege, Deputy Defence Minister Timur Ivanov, was detained on charges of bribery amid reports of rampant corruption. Some analysts have suggested Shoigu could become a victim of the government reshuffle but that would be a bold move as the war is still raging in Ukraine.

In the years following the invasion, authorities have cracked down on any form of dissent with a ferocity not seen since Soviet times. There is no sign that this repression will ease in Putin’s new term. His greatest political foe, opposition leader Alexei Navalny, died in an Arctic penal colony in February. Other prominent critics have either been imprisoned or have fled the country, and even some of his opponents abroad fear for their security.

Laws have been enacted that threaten long prison terms for anyone who discredits the military. The Kremlin also targets independent media, rights groups, LGBTQ+ activists and others who don’t hew to what Putin has emphasized as Russia’s traditional family values.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Russia threatens Britain it could strike back after Cameron’s remark on Ukraine

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

British Ambassador Nigel Casey was summoned to the foreign ministry for a formal protest after Foreign Secretary David Cameron said last week that Ukraine had the right to use British weapons to strike Russia, as per Reuters.

Russia warned Britain on Monday that if British weapons were used by Ukraine to strike Russian territory then Moscow could hit back at British military installations and equipment both inside Ukraine and elsewhere.

British Ambassador Nigel Casey was summoned to the foreign ministry for a formal protest after Foreign Secretary David Cameron said last week that Ukraine had the right to use British weapons to strike Russia.

Russia’s foreign ministry said the Cameron remarks recognised that Britain was now de facto a part of the conflict and contradicted an earlier assurance that long-range weapons given to Ukraine would not be used against Russia.

“Casey was warned that in response to Ukrainian attacks on Russian territory with British weapons, any British military facilities and equipment on the territory of Ukraine and abroad” could be targeted, the foreign ministry said.

The ministry said it considered Cameron’s remarks a serious escalation.

“The Ambassador was called upon to reflect on the inevitable catastrophic consequences of such hostile steps by London and immediately refute the belligerent provocative statements of the head of the Foreign Office in the most decisive and unambiguous way.”

Cameron, during a visit to Kyiv last week, told Reuters that Ukraine had a right to use the weapons provided by Britain to strike targets inside Russia, and that it was up to Kyiv whether or not to do so.

Reuters could not immediately reach British officials for comment on Monday.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Russian President Putin orders tactical nuclear weapon scenario in drills to deter West

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The military drills will include practice for the preparation and deployment for use of non-strategic nuclear weapons, the defence ministry said. Missile formations in the Southern Military District and naval forces will take part, as per Reuters.

Russia said on Monday it would hold a military exercise that will include practice for the use of tactical nuclear weapons after what the defence ministry said were provocative threats from Western officials.

The ministry said the exercise was ordered by President Vladimir Putin and would test the readiness of non-strategic nuclear forces to perform combat missions.

The military drills will include practice for the preparation and deployment for use of non-strategic nuclear weapons, the defence ministry said. Missile formations in the Southern Military District and naval forces will take part.

“During the exercise, a set of measures will be carried out to practice the issues of preparation and use of non-strategic nuclear weapons,” the ministry said.

The exercise is aimed at ensuring Russia‘s territorial integrity and sovereignty “in response to provocative statements and threats by certain Western officials against the Russian Federation”, it said.

It did not name the officials. But Russia has repeatedly said that remarks by French President Emmanuel Macron about a possible French intervention in Ukraine are extremely dangerous.

Russia says the United States and its European allies are pushing the world to the brink of confrontation between nuclear powers by supporting Ukraine with tens of billions of dollars of weapons in its fight against the Russian forces that invaded Ukraine in February 2022.

Nuclear powers routinely check their nuclear weapons but rarely publicly link such exercises to specific perceived threats.

Nuclear risks

Since the war began, Russia has repeatedly warned of rising nuclear risks – warnings which the United States says it has to take seriously though US officials say they have seen no change in Russia’s nuclear posture.

Putin has faced calls inside Russia from some hardliners to change Russia’s nuclear doctrine, which sets out the conditions under which Russia would use a nuclear weapon, though Putin said last year he saw no need to change the doctrine.

Broadly, the doctrine says such a weapon would be used in response to an attack using nuclear or other weapons of mass destruction, or the use of conventional weapons against Russia “when the very existence of the state is put under threat”.

Putin warned the West in March that a direct conflict between Russia and the US-led NATO military alliance would mean the planet was one step away from World War Three but said hardly anyone wanted such a scenario.

Russia and the United States are by far the world’s biggest nuclear powers, holding more than 10,600 of the world’s 12,100 nuclear warheads. China has the third largest nuclear arsenal, followed by France and Britain.

Putin casts the war as part of a centuries-old battle with the West which he says humiliated Russia after the Berlin Wall fell in 1989 by enlarging NATO and encroaching on what Moscow considers to be Russia’s historical sphere of influence.

Ukraine and its Western backers say the war is an imperial-style land grab by a corrupt dictatorship. Western leaders have vowed to work for a defeat of Russian forces in Ukraine, while ruling out any deployment of NATO personnel there.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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After Delhi-NCR, now several Ahmedabad schools receive terror threat emails from Russia

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Nothing suspicious has been found on the premises of these schools so far, while police have been put on alert.

Multiple schools in Gujarat’s Ahmedabad on Monday, May 6, received bomb threats through email, prompting swift action by the police.

Among these schools were Delhi Public School (DPS) and Anand Niketan, who said they got bomb threat emails and later contacted the police control room, India Today reported.

However, nothing suspicious was found on the premises of these schools, while police in the city have been put on alert, reports said.

Three schools in Ahmedabad receive bomb threats through email. Ahmedabad Police is probing the matter. Details awaited,” ANI reported.


The threat e-mails were sent to the schools reportedly from a Russian domain ‘mail.ru’. SWAT teams of Ahmedabad Police as well as the bomb disposal squads are said to be carrying out precautionary checks.

This comes after over 100 schools in Delhi-NCR received bomb threats over e-mails last Wednesday. After the incident, students and all staff members were evacuated from campuses.

The mail sent to the schools in Delhi-NCR originated from a server located in Russia, investigation agencies said.

The anti-terror unit of Delhi Police later traced the domain of emails to Russia and suspected it to have been formed through the help of the dark web, which is an encrypted online content that helps people to hide their identity and location from others.

The email ID used to send these threat emails to schools was ‘sawariim@mail.ru’, a police official said, adding that Sawarim is an Arabic word which has been extensively used by Islamic State (IS) in their propaganda videos in the past several years.

As per reports, the Delhi Police is expected to approach Russia with a judicial request in this case. Police have also approached the International Criminal Police Organization (INTERPOL) via the Central Bureau of Investigation (CBI) to seek assistance. India’s CBI is the designated agency that coordinates with INTERPOL.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?