The United States faces challenges in its sanctions against Russia. While aiming to cut Russia’s oil revenue, a key lifeline, the US continues to source materials like fertilizers and nuclear components. Experts believe a comprehensive, joint effort might succeed this time. Both Russia and Ukraine need an exit from the conflict. The situation is impacting the global economy.
FPIs bet small on local debt, inflow pickup seen far away
April witnessed a slight inflow of foreign investments into Indian debt, but the atmosphere remains one of caution. Influences like escalating US and Japan interest