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.
Rail Roko impact, services of several trains in Punjab and Haryana have been affected, Delhi on Monday reported its first death due to mosquito-borne viral illness dengue this year ... Read more
Rail Roko impact, services of several trains in Punjab and Haryana have been affected, Delhi on Monday reported its first death due to mosquito-borne viral illness dengue this year, Fencer Bhavani Devi has won the Charleville National Competition in France and other top news in the bulletin. Read more
Two non-local labourers gunned down by terrorists in J&K, India's count of active cases of Covid-19 dropped to 1.97 lakh, Navjot Sidhu has made public a letter he wrote to Cong ... Read more
Two non-local labourers gunned down by terrorists in J&K, India's count of active cases of Covid-19 dropped to 1.97 lakh, Navjot Sidhu has made public a letter he wrote to Congress president Sonia Gandhi & other top news in this bulletin. Read more
Sonia Gandhi hit out at the G23 leaders on Saturday, Foreign minister S Jaishnkar will be visiting Israel, India on Saturday recorded 15,981 new cases of COVID-19 and other top new ... Read more
Sonia Gandhi hit out at the G23 leaders on Saturday, Foreign minister S Jaishnkar will be visiting Israel, India on Saturday recorded 15,981 new cases of COVID-19 and other top news in today's bulletin. Read more
PM Modi on Friday outlined key goals for India under the Atmanirbhar Bharat campaign, an AIIMS doctor is on the run after being accused of rape by a colleague, Chennai Super Kings ... Read more
PM Modi on Friday outlined key goals for India under the Atmanirbhar Bharat campaign, an AIIMS doctor is on the run after being accused of rape by a colleague, Chennai Super Kings won their fourth Indian Premier League title on Friday and other top news in the bulletin. Read more
Arvind Kejriwal has urged Lieutenant Governor Anil Baijal to allow Chhath Puja in Delhi, Mumbai court has started hearing in the Aryan Khan case, Indian skipper Sunil Chhetri on We ... Read more
Arvind Kejriwal has urged Lieutenant Governor Anil Baijal to allow Chhath Puja in Delhi, Mumbai court has started hearing in the Aryan Khan case, Indian skipper Sunil Chhetri on Wednesday broke legendary football player Pele's record and other top news in the bulletin. Read more
China's objection to Vice President Naidu's visit to Arunachal Pradesh, The Sputnik Light vaccine shows 70% efficacy in preventing Covid-19, two-time champion Kolkata Knight Riders ... Read more
China's objection to Vice President Naidu's visit to Arunachal Pradesh, The Sputnik Light vaccine shows 70% efficacy in preventing Covid-19, two-time champion Kolkata Knight Riders have advanced to their third IPL final and other top news in the bulletin. Read more
PM Modi on Wednesday launched the GatiShakti National Master Plan for multi-modal connectivity, A court in Kerala awarded double life sentence to Uthra murder case convict P Sooraj ... Read more
PM Modi on Wednesday launched the GatiShakti National Master Plan for multi-modal connectivity, A court in Kerala awarded double life sentence to Uthra murder case convict P Sooraj, Cristiano Ronaldo scored a hat trick as Portugal thrashed Luxembourg in a qualifying game for the 2022 World Cup and other top news in the bulletin. Read more
Prime Minister's Office reviewed coal situation at a crucial meeting, Expert group looking at vaccine approvals recommended use of Covaxin in 2-18 age group, Centre allowed domest ... Read more
Prime Minister's Office reviewed coal situation at a crucial meeting, Expert group looking at vaccine approvals recommended use of Covaxin in 2-18 age group, Centre allowed domestic flights to fly with 100% capacity from October 18 onwards & other top news in this bulletin. Read more
PM Modi on Tuesday addressed the 28th foundation day programme of NHRC, A Congress delegation led by Rahul Gandhi will meet President Ram Nath Kovind on Wednesday, Germany has beco ... Read more
PM Modi on Tuesday addressed the 28th foundation day programme of NHRC, A Congress delegation led by Rahul Gandhi will meet President Ram Nath Kovind on Wednesday, Germany has become the first country to qualify for the 2022 soccer World Cup in Qatar and other top news in the bulletin. Read more
Five soldiers killed in exchange of fire with terrorists in Jammu and Kashmir, Air quality in Delhi has started deteriorating, Union home minister Amit Shah held a meeting on issue ... Read more
Five soldiers killed in exchange of fire with terrorists in Jammu and Kashmir, Air quality in Delhi has started deteriorating, Union home minister Amit Shah held a meeting on issue of power crisis & other top news in this bulletin. Read more