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Moody s, Fitch downgrade Russia s rating to junk grade following sanctions by West

As he attempts to gather Opposition leaders against Narendra Modi-led BJP, Telangana Chief Minister and TRS supremo K Chandrasekhar Rao on Thursday met BJP MP Subramanian Swamy and farmers' leader Rakesh Tikait in the national capital. These meetings came days after his visit to Mumbai to meet Maharashtra Chief Minister Uddhav Thackeray and NCP chief Sharad Pawar. Rao also had

Russian rouble falls to record lows after ratings downgrades

The Russian rouble slid further on Thursday, hitting record lows against the dollar and euro, after ratings agencies Fitch and Moody's downgraded Russia's sovereign debt to "junk" status citing the impact of Western sanctions. At 0830 GMT, the rouble was more than 10% weaker against the dollar at 117.5 and had lost over 7% against the euro to trade at 124.1 on the Moscow

Explained: Why Russia is invading Ukraine

Russian forces took the Black Sea city of Kherson in southern Ukraine, a significant victory for Moscow after a string of military setbacks, and reportedly surrounded surround Mariupol, a strategic port on the Sea of Azov that sits between Russian-controlled Crimea and breakaway Donbas republics. The US, Britain, Europe and Canada had announced sanctions on Russia including

Sanctions response on Russia shows China what it can expect for Taiwan invasion

Under President Xi Jinping, China has pushed for self-reliance in key areas of technology and the payments needed to settle trade to minimise its vulnerability to economic pressure over flashpoints, from trade policy to Taiwan. Russia's invasion of Ukraine and the tough global response, including curtailment of access to the SWIFT payments system and a freezing of Russian

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