Russia-Ukraine
PM Modi likely to hold meeting in evening to discuss economic impact of Russia-Ukraine war
New Delhi/IBNS: Prime Minister Narendra Modi is likely to hold a meeting with Union Finance Minister Nirmala Sitharaman and other officials to discuss the economic impact of the conflict between Russia and Ukraine, media reports said.
The Prime Minister will also discuss the ways to mitigate the impact of rising prices of crude oil in the aftermath of the Russian invasion of Ukraine, Reuters reported.
Very significantly, the Indian stock market or BSE Sensex on Thursday tanked by 2,702 points.
Defying the Western appeals and outrage, Russian President Vladimir Putin on Thursday announced a military operation in Ukraine urging the Ukrainian soldiers to lay down their arms.
"I have made the decision of a military operation," Vladimir Putin said in Moscow.
In an address on national television, Putin announced military action in Donbas, urging Ukrainian forces to lay down their arms and go home, according to state-run news agencies RIA-Novosti and TASS.
Putin warned that all responsibility for any potential bloodshed will be on the conscience of the Ukrainian government, and said he was confident Russian service members will fulfill their duty.
Putin earlier had recognized the independence of self-proclaimed Donetsk and Lugansk republics of Ukraine.
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