The Indian rupee hit a lifetime low in opening deals on Monday as a sharp surge in global crude oil prices threatened to push up imported inflation and widen the country’s trade and current account deficits. The partially convertible rupee was trading at 76.92/93 per dollar, after touching 76.96, its weakest level ever. It had closed at 76.16 on Friday. The benchmark 10-year bond yield was trading at 6.86%, up 5 basis points on the day. Oil prices soared more than 6%, touching their highest since 2008 on Monday after the United States and European allies mull a Russian oil import ban while delays in the potential return of Iranian crude to global markets fuelled tight supply fears. Indian shares tumbled over 2% on Monday, with investors dumping risky assets as oil prices soared after the United States and European allies were said to be mulling a Russian oil import ban.
Prime Minister Narendra Modi on Monday sought Ukrainian President Volodymyr Zelenskyy’s support for evacuating hundreds of Indian nationals stranded in the eastern Ukrainian city of Sumy amid intense fighting in the region. The main focus of India’s evacuation efforts in Ukraine over the past few days has been the safe and secure exit of some 700 Indians, mostly students, from Sumy. Close to 16,000 Indian nationals have been evacuated from across Ukraine, including other areas in the eastern part of the country facing heavy Russian shelling and violence. During a 35-minute phone conversation, Modi sought continued support from the Ukrainian government in ongoing efforts for evacuating Indian nationals from Sumy, people familiar with the matter said.
The Russian military declared a ceasefire in the capital city of Kyiv in Ukraine and three other major cities on Monday to open humanitarian corridors, news agency Reuters reported citing local media. The decision followed a request personally made by French President Emmanuel Macron, the report said. The corridors to allow safe passage to civilians trying to flee the war will open at 1000 Moscow time (0700 GMT). It will continue for 11 hours, according to the report. Besides Kyiv, forces will hold fire in Kharkiv, Mariupol and Sumy. A day earlier, a similar ceasefire was announced in Mariupol. But after a brief pause in firing, Ukrainian officials said Russian forces resumed artillery fire and airstrikes which prevented residents from leaving. Putin has blamed Ukraine for sabotaging the effort.
Police in Thailand said Monday that an autopsy conducted on the body of Australian cricket star Shane Warne has concluded that he died of natural causes. A statement issued by deputy national police spokesperson Kissana Pathanacharoen said the opinion issued by the doctor who carried out the autopsy has been conveyed to Warne’s family and the Australian Embassy. It said the family did not have any doubt that the 52-year-old cricketer, widely considered one of the sport’s greatest spin bowlers, died of natural causes. The statement, issued ahead of a planned police news conference, did not specify the cause of death. Preliminary evaluations from Thai authorities suggested Warne died from a heart attack. Warne was found unresponsive in his hotel room on the Thai resort island of Samui on Friday and could not be revived at a nearby hospital. His body was transferred Sunday to the Thai mainland for an official autopsy at a state hospital.
The Ukraine government has a contingency plan in place if President Volodymyr Zelensky is killed during the Russian invasion, US Secretary of State Antony Blinken said during an interview with CBS News’ Face the Nation on Sunday. ‘The Ukrainians have plans in place — that I’m not going to talk about or get into any details on — to make sure that there is what we would call “continuity of government” one way or another. And let me leave it at that,’ Blinken said when he was asked if the United States was working on an interim plan to support a Ukrainian government without Zelensky. This comes amid reports that Zelensky has survived three assassination attempts since the beginning of Russia’s invasion of Ukraine. Zelensky too talked about the threat to his life. In fact, he opened the recent Zoom meeting with US senators saying that this is probably the last time they were seeing him live.
That’s all from us for now. We will be back with the morning news bulletin.
The Aam Aadmi Party named Bhagwant Mann as its chief ministerial candidate for Punjab polls, PM Modi today interacted with the workers of the Bharatiya Janata Party in Varanasi, Th ... Read more
The Aam Aadmi Party named Bhagwant Mann as its chief ministerial candidate for Punjab polls, PM Modi today interacted with the workers of the Bharatiya Janata Party in Varanasi, The Indian embassy in the UAE has identified the two Indian nationals killed during a drone attack by Yemen's Houthi rebels & other top news in this bulletin. Read more
PM Modi addressed the World Economic Forum’s Davos Agenda summit yesterday, The world's 10 richest men doubled their wealth during the Covid-19, Novak Djokovic could be barred from ... Read more
PM Modi addressed the World Economic Forum’s Davos Agenda summit yesterday, The world's 10 richest men doubled their wealth during the Covid-19, Novak Djokovic could be barred from playing in the French Open & other top news in this bulletin. Read more
PM Modi will deliver a special address at the World Economic Forum's Davos Agenda on Monday, AAP chief Arvind Kejriwal said that the party will announce its chief ministerial candi ... Read more
PM Modi will deliver a special address at the World Economic Forum's Davos Agenda on Monday, AAP chief Arvind Kejriwal said that the party will announce its chief ministerial candidate for Punjab tomorrow, India on Monday recorded two lakh fifty-eight thousand new cases of Covid-19 & other top news in this bulletin. Read more
India’s national Covid-19 immunisation programme on Sunday completed its first year, Former UP minister and BJP MLA Dara Singh Chauhan joined the Samajwadi Party, Novak Djokovic’s ... Read more
India’s national Covid-19 immunisation programme on Sunday completed its first year, Former UP minister and BJP MLA Dara Singh Chauhan joined the Samajwadi Party, Novak Djokovic’s anti-vaccination stance cost him a shot at tennis history & other top news in this bulletin. Read more
The birth anniversary of freedom fighter Subhas Chandra Bose will now be included in Republic Day celebrations, Indian Army will not let any attempt to unilaterally change the stat ... Read more
The birth anniversary of freedom fighter Subhas Chandra Bose will now be included in Republic Day celebrations, Indian Army will not let any attempt to unilaterally change the status quo along the country’s borders to succeed, The world's largest electric vehicle manufacturer has received the offer from the state government of Telangana to start the business & other top news in this bulletin. Read more
The Centre has brought all recognised higher education institutions under the ambit of the Academic Bank of Credit , US health officials on Friday encouraged more Americans to wear ... Read more
The Centre has brought all recognised higher education institutions under the ambit of the Academic Bank of Credit , US health officials on Friday encouraged more Americans to wear the kind of N95 or KN95 masks, The weekend curfew, imposed in the national capital to check Covid spread, kicked in from Friday night & other top news in this bulletin. Read more
India on Friday recorded 2,64,202 fresh cases of the coronavirus disease, The National Security Guard carried out a controlled explosion of the IED found at East Delhi's Ghazipur f ... Read more
India on Friday recorded 2,64,202 fresh cases of the coronavirus disease, The National Security Guard carried out a controlled explosion of the IED found at East Delhi's Ghazipur flower market, The Union budget will be presented on February 1 and the President will address a joint sitting of both Houses & other top news in this bulletin. Read more
PM Modi stressed upon the emergence of more variants after Omicron, PM Modi chaired a meeting to discuss names of candidates for over 172 constituencies in UP, The UK Police has ar ... Read more
PM Modi stressed upon the emergence of more variants after Omicron, PM Modi chaired a meeting to discuss names of candidates for over 172 constituencies in UP, The UK Police has arrested Jitendra Narayan Tyagi (Waseem Rizvi), & other top news in this bulletin. Read more
The 14th round of military dialogue b/w India and China failed to end the deadlock, India recorded the highest ever single-day spike, The Congress today announced the first list of ... Read more
The 14th round of military dialogue b/w India and China failed to end the deadlock, India recorded the highest ever single-day spike, The Congress today announced the first list of 125 candidates in UP & other top news in this bulletin. Read more
India will deal with China in a firm and peaceful way: Army Chief, UP minister Dara Singh Chauhan quit the state cabinet, Cannabis compounds prevent coronavirus from penetrating he ... Read more
India will deal with China in a firm and peaceful way: Army Chief, UP minister Dara Singh Chauhan quit the state cabinet, Cannabis compounds prevent coronavirus from penetrating healthy human cells & other top news in this bulletin. Read more
