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.
India on Friday breached the one-lakh mark in its daily Covid-19 tally, SC Friday allowed the resumption of counselling for NEET-PG and UG courses, Hairstylist Jawed Habib booked a ... Read more
India on Friday breached the one-lakh mark in its daily Covid-19 tally, SC Friday allowed the resumption of counselling for NEET-PG and UG courses, Hairstylist Jawed Habib booked after video of him ‘spitting’ on woman & other top news in this bulletin. Read more
WHO chief Tedros Adhanom Ghebreyesus said the “tsunami of cases” has now started to overwhelm health systems all across the globe, Ram Nath Kovind expressed concern about the secur ... Read more
WHO chief Tedros Adhanom Ghebreyesus said the “tsunami of cases” has now started to overwhelm health systems all across the globe, Ram Nath Kovind expressed concern about the security breach during PM Modi’s visit to Punjab, Four former chief ministers of the erstwhile state of Jammu and Kashmir are likely to lose their SSG protection & other top news in this bulletin. Read more
PM Modi briefs President Kovind on security breach during his Punjab visit, Ajay Bhalla will chair a meeting to review the Covid-19 situation in Delhi-NCR, Kazakhstan is witnessing ... Read more
PM Modi briefs President Kovind on security breach during his Punjab visit, Ajay Bhalla will chair a meeting to review the Covid-19 situation in Delhi-NCR, Kazakhstan is witnessing large scale protests in which dozens have been killed & other top news in this bulletin. Read more
Prime Minister Narendra Modi’s first rally in poll-bound Punjab was cancelled, Hong Kong reimposed some of its toughest restrictions, India recorded its first Omicron-linked death ... Read more
Prime Minister Narendra Modi’s first rally in poll-bound Punjab was cancelled, Hong Kong reimposed some of its toughest restrictions, India recorded its first Omicron-linked death & other top news in this bulletin. Read more
Union health ministry issued revised guidelines for home isolation, Heavy snowfall affected the air traffic from Srinagar, CDS chopper crash report submitted to Rajnath Singh & ... Read more
Union health ministry issued revised guidelines for home isolation, Heavy snowfall affected the air traffic from Srinagar, CDS chopper crash report submitted to Rajnath Singh & other top news in this bulletin. Read more
The Supreme Court will today take up petitions challenging reservation for OBC and EWS categories in NEET, A man, and a woman have been arrested over a web page that auctioned Musl ... Read more
The Supreme Court will today take up petitions challenging reservation for OBC and EWS categories in NEET, A man, and a woman have been arrested over a web page that auctioned Muslim women, The Delhi government has announced a weekend curfew due to the rising number of Covid cases & other top news in this bulletin. Read more
PM Modi on Tuesday inaugurated and laid the foundation stone for 22 developmental projects, Delhi chief minister Arvind Kejriwal tested positive for Covid-19, Defender Thiago Silva ... Read more
PM Modi on Tuesday inaugurated and laid the foundation stone for 22 developmental projects, Delhi chief minister Arvind Kejriwal tested positive for Covid-19, Defender Thiago Silva has extended his Chelsea contract by one year & other top news in this bulletin. Read more
Pakistan reiterated its offer to host the long-pending Saarc summit, New satellite images reveal that China is building a new bridge across the Pangong Lake, More than 4 million te ... Read more
Pakistan reiterated its offer to host the long-pending Saarc summit, New satellite images reveal that China is building a new bridge across the Pangong Lake, More than 4 million teens were given Covid-19 vaccines yesterday & other top news in this bulletin. Read more
Delhi health minister Satyendar Jain has warned of a major spike in Delhi's Covid-19 cases, India started vaccinating children aged 15 to 18 amid fears of the Omicron variant, Suda ... Read more
Delhi health minister Satyendar Jain has warned of a major spike in Delhi's Covid-19 cases, India started vaccinating children aged 15 to 18 amid fears of the Omicron variant, Sudan's civilian Prime Minister Abdalla Hamdok resigned & other top news in this bulletin Read more
PM Modi said that the youth should be encouraged to pursue sports, CM Kejriwal said there's no need to panic amind rising Covid cases, J&K administration has announced measures ... Read more
PM Modi said that the youth should be encouraged to pursue sports, CM Kejriwal said there's no need to panic amind rising Covid cases, J&K administration has announced measures to decongest Vaishno Devi shrine & other top news in this bulletin Read more