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In the wake of the Ukraine crisis the Nasdaq Exchange will cease to work with Russian investors

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Nasdaq Inc. has announced that its stock exchanges in the United States and the Nordic nations would no longer accept Russian investors as a result of the continuing humanitarian crisis in Europe. Starting April 29, the business will automatically cancel any active Nasdaq data subscription, according to Saxo, a Danish investment bank. “From April 29, no new memberships will be available,” the bank stated in a letter released on Sunday.

The same was reported by RBC, which stated that if their account does not have a traded position on these platforms, all consumers resident in Russia would not have access to updated or upcoming market information as from Nasdaq exchanges in the United States and Europe.

The customer will get pending bids for such opportunities until they are closed. The prohibitions, on the other hand, would not apply to investments made through Russian brokers. Specifically, the Putin government had restricted foreigners from selling shares at the Moscow Stock Exchange until April 1 due to increased Western sanctions.

The Russian economy is on the verge of collapsing as a result of the protracted conflict and its ramifications, which include international sanctions placed on the country. The Russian government has sought to calm the market by investing up to $10 billion in local equities from its sovereign wealth fund. However, such measures will not be enough to restore the country’s economic slide because the conflict has had a significant financial impact.

The market had already closed following the Russian Ruble’s “record low” versus the dollar. Many financial analysts predicted that the country will see a downturn. Notably, the Russia-Ukraine conflict has had an impact on all major global markets, including Indian stock exchanges, which fell sharply when Putin announced the attack.

There is no time limit for paying with rubles.

Russian President Vladimir Putin said late last month that from April 1, “unfriendly” countries will have to pay for Russian gas in rubles. Dmitry Peskov, a Kremlin spokesman, said that, aside from gas, the precise timetable of the switch to ruble payment for other exported Russian commodities has yet to be revealed. Dmitry Peskov, a Kremlin spokesman, said that, aside from gas, the precise timetable of the switch to ruble payment for other exported Russian commodities has yet to be revealed.

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Navi Mumbai Cancels Invitations to Newly Elected Corporators for Republic Day Ceremonies

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School principals to hoist the national flag following administrative delays.

The Flag Hoisting

The Navi Mumbai Municipal Corporation (NMMC) has cancelled invitations extended to newly elected corporators for Republic Day flag-hoisting ceremonies in civic schools this year, citing administrative and procedural delays.

Although the municipal elections have concluded, the first general body meeting of the newly elected corporators is yet to take place. In view of this, the NMMC education department has issued revised instructions for the January 26 celebrations across all municipal schools. As per the new directive, school principals will themselves conduct the flag-hoisting ceremonies, and corporators will not be invited to preside over the events.

Officials clarified that any earlier circulars or communications instructing schools to invite corporators should be treated as cancelled. In cases where invitation letters have already been sent, school principals have been directed to inform the concerned corporators about the revised decision and explain the administrative reasons behind the change.

The move has been described as a temporary arrangement until formal procedures related to the newly elected body are completed. The education department has emphasized that the decision is purely administrative and not political in nature.

Despite the change, the NMMC has instructed all schools to ensure that Republic Day celebrations are conducted with full enthusiasm, discipline and respect for national values. Principals have been asked to strictly adhere to the guidelines and ensure smooth conduct of the programme.

The decision has drawn attention as it comes soon after the municipal elections, highlighting the impact of procedural delays on official civic events.

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1111-Feet Tricolor Yatra Fills Navi Mumbai with Patriotic Zeal

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ABVP initiative sees thousands of students participate spontaneously ahead of Republic Day.

The Initiative

Patriotic fervour gripped Navi Mumbai as the Akhil Bharatiya Vidyarthi Parishad (ABVP) organised a massive 1,111-feet-long Tricolor Yatra, witnessing spontaneous participation from thousands of students and citizens on the eve of Republic Day.

The yatra was held as part of Youth Week celebrations and to mark the birth anniversary of Netaji Subhas Chandra Bose, with the objective of inspiring nationalism, unity and social responsibility among the youth. Students marched proudly while holding the enormous national flag, raising slogans such as “Bharat Mata Ki Jai,” “Vande Mataram” and “Jai Hind,” creating an atmosphere charged with patriotic emotion.

The rally began at Blue Diamond Chowk, Vashi, and culminated at Rajiv Gandhi College of Arts, Commerce and Science, Sector 10A, where a short programme was organised. Speakers highlighted the role of students in nation-building and appealed to the youth to actively contribute to society beyond academics.

Prominent attendees included ABVP state minister Rahul Rajoria, sports coordinator Arpita Malik, and college principal Dr Basukinath Pandey, who praised the enthusiasm and discipline shown by the participants. They urged students to uphold constitutional values and remain socially responsible citizens.

The event’s smooth execution was attributed to the efforts of Dr Akshay Shet and more than 100 volunteers. Participants and local residents said the Tricolor Yatra strengthened the sense of unity and national pride, making it a memorable and inspiring pre-Republic Day event for Navi Mumbai.

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Garbage Piles Become Major Issue Ahead of Uran Elections

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With the Uran civic elections approaching, local residents and political observers are raising serious concerns about the persistent garbage problem across the area. Overflowing waste on main roads and traffic lanes has emerged as a key issue in the election campaign, with voters expressing frustration over poor civic management.

Several key thoroughfares in Uran, especially around busy intersections and residential localities, have been seen strewn with garbage that has not been collected for days. Piles of waste are causing traffic disruptions, foul odour and unhygienic conditions, prompting complaints from commuters, shopkeepers and local residents.

Civic activists and opposition leaders have criticised the local administration for its failure to ensure regular garbage collection and proper waste disposal. They say that poor sanitation has not only affected the appearance of the town but also posed health risks, especially during peak summer months.

Residents pointed out that despite repeated assurances from officials, garbage is frequently left uncollected in several areas, leading to water logging and breeding of insects. Many voters have highlighted this issue as a priority concern affecting their daily lives and have demanded immediate action from authorities.

Political parties contesting the Uran elections have responded by promising stricter monitoring of waste collection, improvement in street cleaning, and deployment of more resources for solid waste management.

As election day approaches, garbage disposal and civic cleanliness have become central themes in public discussions, reflecting growing citizen demand for improved basic services and accountable governance.

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