Russian Soldier Shoots Down Ukrainian Drone Mid-Air Using Assault Rifle
/ Aug 05, 2025, 09:47AM IST
Russian troops shot down Ukrainian drones using assault rifles in a dramatic frontline clash. Fiery video footage captured the moment drones exploded mid-air under heavy gunfire. The attack unfolded near Tokmak in the Zaporizhzhia region, where a Ukrainian drone strike targeted a moving freight train. Acting fast, Russian soldiers opened fire, taking down multiple UAVs and saving the convoy from destruction in what became a stunning display of low-tech defence.
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Economic Times
32 minutes ago
- Economic Times
Trump's tactics a negotiation play, not a policy shift: Richard Redoglia
"You may see IOC and other state-owned refiners scale back their Russian imports. But the bigger picture is that Trump is juggling many priorities at once. In this case, I believe he's applying pressure on Russia through India," says Richard Redoglia, CEO, Matrix Global Holdings. ADVERTISEMENT What is your own sense? While we do not have any benchmark for where this is ultimately headed, India's response so far has been very pragmatic, one must say. Richard Redoglia: Very pragmatic indeed. India needs to import oil—that's its necessity. Its job is to ensure a stable energy supply for its people. The largest refinery, Reliance, is a privately held company. So, it will import oil from any source it can. Russian oil has been available at a discount, and the specific type of oil it imports is important to its remember, Trump is negotiating—he's always dealing, always in motion. What your previous two guests said is quite interesting: first, the stock market has closed at record highs; second, the EU felt taken to the cleaners on the last deal. So, we're in a situation where I believe this is more about negotiation—using India, and I mean this respectfully, as a pawn in Trump's broader efforts to end the war in Ukraine. That's what we're seeing here. You may see IOC and other state-owned refiners scale back their Russian imports. But the bigger picture is that Trump is juggling many priorities at once. In this case, I believe he's applying pressure on Russia through India. Given the growing threats from Donald Trump, if they actually materialize, do you believe global investors might start repricing geopolitical risk in India and other emerging markets? And how could that impact India's overall trade with the West? Richard Redoglia: A very good point was made earlier. I think India will stand its ground for the time being. I don't see any immediate change. Again, I'll emphasize that Trump is negotiating in real time. He tweets in real time.I believe—unless I'm mistaken—I saw a report that IOC announced it would reduce Russian oil imports temporarily. Remember, oil shipments from Russia take about 35 days to arrive, whereas oil from the Middle East takes just 10 to 15 days. There's also excess capacity in the Middle East, which is a key factor here. ADVERTISEMENT So, the issue isn't just about Russian oil. The global oil market is dealing with overcapacity, which puts downward pressure on prices. When you talk about repricing risk and evaluating India, I'd say—perhaps I'm wrong—but this feels like a flash in the pan. It's likely to pass in a few recently, Iran was attacked. That's already in the rearview mirror. Oil was at $78 then, and now it's trading around $65–66. Markets recover quickly. They are efficient at repricing, especially in commodities. The fact that the U.S. stock market is at all-time highs and the oil market appears to be in balance suggests that what we're witnessing now is simply a negotiation. That's the lens through which we should view it. ADVERTISEMENT Having lived in New York for 20 years while Donald Trump was a real estate developer, I've learned to take what he says with a grain of salt. And increasingly, the market is doing the same. The bigger question is: where do you see the dollar heading? Because that, in itself, could dictate global capital flows. Do you think portfolios are now easing out of U.S. exposure? Richard Redoglia: That's a fair point. But again, when stock markets are hitting record highs, how much does the dollar really matter? The dollar is likely to weaken. The latest employment report showed some softness, which suggests we may see a rate cut in September, and possibly another by year-end. ADVERTISEMENT So yes, the dollar may face pressure. But isn't this part of a broader picture? Isn't this a larger re-evaluation of how the market perceives everything?Trump's goal—at least what he says—is free trade. He's putting tariffs in place to draw people into the U.S. market, but the broader aim seems to be enhancing the ability for global transactions. That's the underlying intent. ADVERTISEMENT As for the dollar—and this might sound controversial—I'd say it doesn't matter much right now. Oil prices are in balance. What matters more is that Trump appears to be negotiating for peace in various parts of the world. That, in my view, should be the key focus for the markets. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
34 minutes ago
- Time of India
Market not taking Trump threats seriously; glad India is standing its ground: Vandana Hari
Tired of too many ads? Remove Ads , Founder & CEO,, says crude oil prices are declining. The market is seemingly unconcerned about Donald Trump's recent threat. India's continued oil purchases from Russia are a key factor. If India reduced its intake of 1.7-1.8 million barrels per day, it would create market instability. China might increase its intake, but not enough to offset India's current on the reaction we have seen so far from crude, which has been rolling downhill yesterday, and this morning as well, it tells me that the market is not taking Trump's threat seriously. Probably an input for the market is also the fact that India is standing its ground. Had India said that they are going to halt or reduce purchases of close to 1.7-1.8 million barrels per day, that would have been a major concern for the market as to where this 1.8 million barrels per day goes if India does not take it? Obviously, China could take a bit more. But I doubt it could take equal to what India has been absorbing from Russia or anytime soon and you would have seen prices spiking. So, the market does not seem to be taking it seriously and I am glad to note that India is standing its ground as well.: A major question is whether he will actually go ahead. What is the gap between his threats and his actually proceeding to impose such tariffs? First of all, there are double standards here. You alluded to him potentially doing the same for other buyers of Russian crude and mind you, there are refined products as well. So, there is China and Turkey aside from India when it comes to crude and the same countries as well as major importers like Brazil and South America when it comes to refined as far as optics goes, this is not looking good for Trump singling out India when there are all of these other countries which are importing crude as well. Now, if he does go ahead and impose 100% secondary tariffs on India which would mean that the US would charge 100% tariffs for goods exported by India, India has a few options. One is it can simply ignore and let things take their course that the trade supply chains and so on will reorganise and rearrange themselves around such could look to other markets too to place its goods or it could go into negotiations with the US. Now, of course, it is not for me to say which step India will take on this but from all the signs that we can read, as of now India is saying it is standing its ground and that it will probably take steps or respond as and when the next step from the US becomes clear. There is no point making major shifts in things like crude imports based on guesswork or speculation.
India.com
34 minutes ago
- India.com
Russia-Ukraine war: Zelenskyy warns as Russia gets support from China and Pakistan, accuses of Putin of...
Russia-Ukraine war: Zelenskyy warns as Russia gets support from China and Pakistan, accuses of Putin of... The Russia-Ukraine war is far from over. Even after US President's attempt to initiate a truce, there has been no breakthrough. Moreover, Ukrainian President Volodymyr Zelenskyy made a big claim that Ukrainian soldiers in the north-eastern part of his country are facing foreign 'mercenaries' fighting on behalf of Russia. Ukrainian President Volodymyr Zelenskyy said these soldiers include people from China, Pakistan, Tajikistan, Uzbekistan and parts of Africa. Zelenskyy has talked about giving a tough response in this matter. His statements came after visiting a frontline area in the Kharkiv region, where he met with soldiers and commanders of the 57th Separate Motorised Infantry Brigade. 'We discussed with the commanders the situation on the frontline, the defence of Vavchansk and the latest combat developments. Our servicemen in this area reported that mercenaries from China, Tajikistan, Uzbekistan, Pakistan and African countries are taking part in the fighting. We will respond to this,' he wrote on the social media platform X. Why is Russia recruiting Chinese fighters? Zelenskyy had earlier accused Russia of recruiting Chinese fighters, which Beijing flatly rejected. Apart from this, North Korea has also sent thousands of troops to Russia's Kursk region. Reuters contacted the embassies of Tajikistan, Uzbekistan and Pakistan for comment on the matter, but there has been no official statement yet. Russia has also not made any immediate public comment on these claims of Zelenskyy. Is China silently helping Russia? According to Ukrainian military and intelligence sources, foreign mercenaries are operating under Russian private military companies such as the Wagner Group or new units affiliated with the Russian Defense Ministry. These groups are known to recruit fighters from economically weak or politically unstable regions, particularly Africa and Asia. Ukrainian authorities claim that evidence obtained on the battlefield, such as seized documents, confirms the presence of foreign fighters from various countries. What is China saying? Earlier this year, Zelenskyy claimed that Russia had deployed more than 100 Chinese citizens in the war against Ukraine. He also said that two Chinese fighters were captured in the Donetsk region. Zelenskyy also shared a video, which allegedly contained interrogation footage of these two Chinese fighters and photos of their passports. However, China rejected these claims as 'baseless' and said that it gives strict instructions to its citizens to prevent them from getting involved in armed conflicts.
