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The US has made clear to India that it’s “discouraging” it from continuing with its acquisition of S-400 missile defence programs from Russia however Washington should weigh “necessary geostrategic issues” whereas taking a choice on rising requires a presidential CAATSA waiver to New Delhi, President Joe Biden’s nominee for Coordinator for Sanctions Coverage has advised lawmakers.

In October 2018, India signed a USD 5 billion cope with Russia to purchase 5 models of the S-400 air defence missile programs, regardless of a warning from the then Trump administration that going forward with the contract could invite US sanctions.

The Biden administration has not but clarified whether or not it is going to impose sanctions on India beneath the provisions of the Countering America’s Adversaries By Sanctions Act (CAATSA) for procuring the S-400 missile programs.


Shares of Tata Motors and

At 02:12 pm, Tata Motors was up 1 per cent at Rs 512.35, because it bounced again 3.5 per cent from its intra-day low of Rs 495. Tata Motors DVR was buying and selling 3 per cent increased at Rs 262, after it recovered 4 per cent from the day’s low of Rs 251.75. Compared, the S&P BSE Sensex was up marginally, 0.02 per cent at 61,164 factors.

Tata Motors (Rs 536.50) and Tata Motors DVR (Rs 298.50) had hit their respective 52-week highs on November 17, 2021. Differential Voting Rights (DVR) shares are shares which might