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PM Modi Calls Putin: Asks To Cease War, Suggests Conducting ‘Verbal Dialogue’

Sonia SolankiFebruary 25, 20220

Amid the war between Russia and Ukraine, PM Modi calls up the Russian President Valdimir Putin. Both of them discussed the present scenario and their stands with each other. PMO's official statement was released stating that PM Modi has requested President Putin "to cease the violence, between the two nations." The telephonic conversation happened just after the hours when Russia declared war against the Ukraine. This is the biggest attack post the World War II in which one European country is attacking the other. Along with this PM Modi had a detailed discussion about the Indian citizens stranded in Ukraine at present. The safety of these Indian citizens is the most important issue for the Indian government. Whereas President Putin briefed the developments with respect to Ukraine. ...

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Russia-Ukraine Tensions To Impact Stock Markets, Other Sectors: Experts

Pooja YadavFebruary 22, 20220

The impact of the invasion of Ukraine by neighbouring Russia would be felt across the stock market and other markets from wheat and energy prices, sovereign dollar bonds to safe heaven to the stock markets. In general situations due to uneventful events, people tend to pull out their investments and divert them to safe-haven securities. People will start investing in bonds, especially sovereign bonds. In the present situation, there is anyways a risk of inflation. In the forex market, the Euro currency exchange is considered to be the biggest indicator of geopolitics risk in the eurozone as the Swiss currency has been long seen as safe haven by investors. The swiss currency exchange rate saw hit its highest hit since May 2015 in late January. Gold has also been seen as a shelte...

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