The US-based video game holding company Activision Blizzard has announced that it is suspending new sales "of and in" its games in Russia....
In another blow to Russia's financial system, Visa and Mastercard have announced to suspend all operations in the country in the wake of Ukraine invasion....
The US-based Internet backbone provider Cogent Communications has cut off services in Russia, "terminating its contracts" with the customers in the country in compliance with the European Union's move to ban Russian state-backed media outlets....
The Russian authorities are discussing the possibility of abolishing criminal and administrative liability for the use of unlicensed software "from countries that supported the sanctions."...
Rush for safe haven investments during the ongoing market volatility triggered by Russian-Ukrainian conflict is expected to push global gold prices higher....
High commodity prices as well as outflow of foreign funds from equity markets are expected to subdue the Indian rupee further....
The sharp exodus of foreign investors funds from Indian equity market has been compensated by domestic investors, said Motilal Oswal Financial Services (MOFSL)....
India's pharmaceuticals market (IPM) is expected to grow between 6 and 8 per cent on a year-on-year (YoY) basis in FY23....
India's footwear industry is expected to reach the pre-pandemic levels with a revenue growth of 8-to-10 per cent year-on-year in FY23....
Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the short term....
