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  • In Pics | There is scope for another 10% correction in the market, says Samir Arora May 13, 2022 02:04 PM IST

    In Pics | There is scope for another 10% correction in the market, says Samir Arora

    Samir Arora, Founder and Chief Executive Officer at Helios Capital, sees scope for a further 10 percent correction in the market and expects the domestic market to bottom out when the US markets do the same. The veteran asset manager dismissed concerns that the current drawdown in the equity market is similar to the 2008 global financial crisis. Here’s what he said during a chat with Moneycontrol.

  • Russian President Vladimir Putin says sanctions triggering global crisis May 12, 2022 07:13 PM IST

    Russian President Vladimir Putin says sanctions triggering global crisis

    Speaking during a Thursday meeting on economic issues, Vladimir Putin said Western nations were driven by oversized political ambitions and Russophobia to introduce sanctions that hurt their own economies and well-being of their citizens.

  • In Pics | Russia's invasion of Ukraine from above May 12, 2022 02:42 PM IST

    In Pics | Russia's invasion of Ukraine from above

    Apartment blocks have been reduced to rubble and nearly 10 million people have been displaced in Ukraine during the Russian invasion.

  • The two hurdles that stand in the way of India’s exports ambition May 12, 2022 01:40 PM IST

    The two hurdles that stand in the way of India’s exports ambition

    Solving the structural problems of lack of scale in our component manufacturing system and the disinterest among Indian manufacturers in obtaining quality certifications and/or maintaining quality standards will help in boosting exports

  • Russia-Ukraine Conflict | Russian missiles strike Odesa May 11, 2022 02:29 PM IST

    Russia-Ukraine Conflict | Russian missiles strike Odesa

    Firefighters battled blazes in Odesa until early hours of May 10 after Russian missiles pounded the Ukrainian port on May 9, the day President Vladimir Putin led celebrations in Moscow marking Soviet victory over Nazi Germany in World War Two.

  • India looking at tapping new markets for edible oil: Finance Minister Nirmala Sitharaman May 10, 2022 10:06 PM IST

    India looking at tapping new markets for edible oil: Finance Minister Nirmala Sitharaman

    "Everyone knows there is a war going on between Russia and Ukraine. There are various hurdles in terms of importing oils. You know we are not able to import edible oil, we were getting sunflower oil. Now, we are not," Nirmala Sitharaman said at an event.

  • In Pics | Russia marks WWII victory with military parade May 09, 2022 02:46 PM IST

    In Pics | Russia marks WWII victory with military parade

    Russian President Vladimir Putin attended Moscow's Victory Day Parade on May, marking the 77th anniversary of the Soviet victory over Nazi Germany. Speaking at a military parade on May 9 marking the World War II victory over the Nazis, Putin drew parallels between the Red Army’s fighting against Nazi troops and the Russian forces’ action in Ukraine.

  • Ukraine Conflict in Pics | Hope blooms amid a few surviving flowers in a city pounded by Russia May 09, 2022 12:01 PM IST

    Ukraine Conflict in Pics | Hope blooms amid a few surviving flowers in a city pounded by Russia

    The week was also marked by horrific images that offered a rare glimpse of the death and atrocities of the war. In Kharkiv, Ukraine’s second-largest city, which has been under sustained Russian attack since the beginning of the war in late February, bodies were everywhere.

  • Canada PM sees war-scarred Kyiv suburb during Ukraine visit May 08, 2022 08:21 PM IST

    Canada PM sees war-scarred Kyiv suburb during Ukraine visit

    Irpin Mayor Oleksandr Markushyn posted pictures on an official social media channel with pictures of Trudeau writing that the Canadian prime minister "came to Irpin to see with his own eyes all the horror that the Russian occupiers had done to our city."

  • Russian Deputy PM visits ruined Ukrainian city of Mariupol May 08, 2022 07:20 PM IST

    Russian Deputy PM visits ruined Ukrainian city of Mariupol

    Russia, which sent thousands of troops into Ukraine on February 24 in what it calls a special military operation, claimed to take control of the city on the Sea of Azov on April 21 after nearly two months of siege.

  • Russia says it hit Ukrainian warship near Odesa, downed two bombers May 08, 2022 03:39 PM IST

    Russia says it hit Ukrainian warship near Odesa, downed two bombers

    Russia's air defences also shot down two Ukrainian SU-24 bombers and a Mi-24 helicopter over the Snake island in the Black Sea at night, the ministry said in a statement.

  • Rate hike by RBI wasn't surprising, timing was: FM Sitharaman May 08, 2022 02:41 PM IST

    Rate hike by RBI wasn't surprising, timing was: FM Sitharaman

    Finance Minister Nirmala Sitharaman asserted that the rising cost of funds will not impact the government's planned infrastructure investments.

  • Russian bombing of Ukraine school kills two, 60 feared dead: Report May 08, 2022 12:47 PM IST

    Russian bombing of Ukraine school kills two, 60 feared dead: Report

    Governor Serhiy Gaidai said Russian forces dropped a bomb on Saturday afternoon on the school where about 90 people were sheltering, causing a fire that engulfed the building.

  • Between searing drought and Ukraine war, Iraq watchful over wheat May 08, 2022 11:23 AM IST

    Between searing drought and Ukraine war, Iraq watchful over wheat

    Searing heat and a lack of rain were already threatening his harvest. Then came Russia's invasion of Ukraine in February, driving up the cost of fuel, seeds and fertiliser.

  • UK to provide 1.3 billion pounds of further military support to Ukraine May 08, 2022 09:47 AM IST

    UK to provide 1.3 billion pounds of further military support to Ukraine

    Johnson's government has sent anti-tank missiles, air defence systems and other weapons to Ukraine.

  • Russia steps up Ukraine assaults ahead of Victory Day parades May 07, 2022 09:24 PM IST

    Russia steps up Ukraine assaults ahead of Victory Day parades

    The Azovstal steel mill is the last pocket of Ukrainian resistance in the devastated port city and its fate has taken on a symbolic value in the broader battle since Russia's invasion.

  • Explained| What does the EU ban on Russian crude oil mean for Europe May 07, 2022 01:30 PM IST

    Explained| What does the EU ban on Russian crude oil mean for Europe

    Even though the EU, US, and UK have consistently tried to hit the Russian economy with hard-hitting sanctions, will global markets be able to withstand the relentless bloodshed or witness a fast-paced and unprecedented transformation?

  • UN Security Council, including Russia, express concern for Ukraine May 07, 2022 12:46 PM IST

    UN Security Council, including Russia, express concern for Ukraine

    "The Security Council expresses strong support for the efforts of the Secretary-General in the search for a peaceful solution," reads the statement, which also requests U.N. chief Antonio Guterres brief the council again "in due course."

  • US President Biden announces new $150 million weapons package for Ukraine May 07, 2022 11:37 AM IST

    US President Biden announces new $150 million weapons package for Ukraine

    Last month Biden proposed a $33 billion assistance package for Ukraine, including more than $20 billion in military aid.

  • This is a make or break moment for Indian equities May 06, 2022 08:36 AM IST

    This is a make or break moment for Indian equities

    The next couple of months will play a significant role in determining whether we are on the cusp of the next leg of a rally, or in the middle of a long-term correction

  • Russia-Ukraine Crisis | Ukraine's civilians caught in the crossfire of war May 05, 2022 04:01 PM IST

    Russia-Ukraine Crisis | Ukraine's civilians caught in the crossfire of war

    Residents around Ukraine face the daily reality of the Russian invasion.

  • Europe is about to ban Russian oil: What’s next? May 05, 2022 02:38 PM IST

    Europe is about to ban Russian oil: What’s next?

    The European Union’s aims are clear. With Russia continuing to wage war in Ukraine, Europe wants to deny President Vladimir Putin funds from sales of oil, usually his largest export earner and a cornerstone of the Russian economy.

  • India finds Russian oil an irresistible deal, no matter the diplomatic cost May 05, 2022 02:19 PM IST

    India finds Russian oil an irresistible deal, no matter the diplomatic cost

    India’s purchases of Russian crude have soared since the conflict’s start, rising from nothing in December and January to about 300,000 barrels a day in March and 700,000 a day in April.

  • Ukraine says Russia is trying to increase tempo of eastern offensive May 04, 2022 07:09 PM IST

    Ukraine says Russia is trying to increase tempo of eastern offensive

    Defence Ministry spokesman Oleksandr Motuzyanyk gave few details but said Moscow had conducted nearly 50 air strikes on Tuesday alone.

  • At least 10 killed in Russian strike on east Ukraine factory, says Governor May 03, 2022 09:50 PM IST

    At least 10 killed in Russian strike on east Ukraine factory, says Governor

    The governor of the Donetsk region Pavlo Kyrylenko warned that the number of victims may rise.

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