In response to a question about whether US citizens should be concerned about a nuclear war breaking out, Biden said "no."

The United States enjoys a 'close and cordial' relationship with India, a senior official in the Joe Biden administration has said here on Monday, even as he voiced his country's 'concerns' to New Delhi about Russia.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.

"We share important interests with India. We share important values with India. And we know India has a relationship with Russia that is distinct from the relationship that we have with Russia. Of course, that is okay," Price told reporters at his daily news conference on Friday.

The US, in coordination with allies and partners, continued to forcefully respond to Russia's "unjustified, unprovoked and premeditated" invasion of Ukraine by imposing sanctions on Putin and Lavrov.

Over the past few days, the Biden administration has been reaching out to its friends and allies to support it against Russian aggression in Ukraine.

The students, most of whom are studying in Sumy State Medical University, said they fear for their safety as gunshots can be heard outside.

It is understood that India and the United States are not on the same page on the Ukrainian crisis.

Biden said his Russian counterpart has chosen a 'premeditated war that will bring a catastrophic loss of life and human suffering'.

Biden said the US will continue to escalate sanctions if Russia escalates.

The executive order also provides authority to impose sanctions on any person determined to operate in those areas of Ukraine.

President Joe Biden is prepared to engage with his Russian counterpart Vladimir Putin in any format at any place and time to prevent a war, top United States diplomat said on Sunday as he asserted that everything leading up to the actual invasion of Ukraine appears to be taking place.

'We know that our Indian partners are committed to that rules-based international order. There are any number of tenets in that order. One of them is that borders cannot be redrawn by force'

The attack would be preceded by a fabricated pretext that the Russians use as an excuse to launch an invasion.

The US is ready to respond "decisively" to a Russian attack on Ukraine which is still very much a possibility, President Joe Biden has said, urging Moscow to step back from the brink of war.

White House Principal Deputy Press Secretary Karine Jean-Pierre told reporters on Monday that the United States is actively working to reach a diplomatic solution to de-escalate the crisis.

India is a driving force of the Quad and an engine for regional growth, said the White House, days after foreign ministers of the countries, which are part of the grouping, met in Melbourne.

The United States has asserted that it stands with India against Chinese aggression as several lawmakers slammed China for choosing a People's Liberation Army soldier.

In the midst of third wave of COVID-19, Finance Minister Nirmala Sitharaman has come up with an impactful Budget which is balanced, fiscally prudent and growth-oriented, the USA India Chamber of Commerce has said. President of the Boston-based USA India Chamber of Commerce (USAIC) Karun Rishi, however, said it is a matter of concern that the budget lacks tangible measures to increase revenue generation. "Opting to keep the fiscal deficit at 6.9 per cent and increase capital expenditure by 35 per cent is a masterstroke. "The annual budget estimates the effective capital expenditure of Rs 10.68 lakh crore in 2022-23, making up about 4.1 per cent of the GDP," he said. "A phenomenal increase in the government's capital expenditure is likely to facilitate the expenditures on infrastructure and create jobs.

The US continues to have its concerns over India purchasing the multi-billion missile defense system from Russia.