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.
England's T20 World Cup star wants to 'copy' Virat Kohli: 'You see him doing that...', Umar Khalid's bail plea dismissed in 2020 Delhi riots case, Atishi gets Delhi court summons i ... Read more
England's T20 World Cup star wants to 'copy' Virat Kohli: 'You see him doing that...', Umar Khalid's bail plea dismissed in 2020 Delhi riots case, Atishi gets Delhi court summons in defamation case over BJP poaching AAP MLAs claim, Sandeshkhali: CBI files first charge sheet against Shahjahan Sheikh in ED attack case, Judi Dench hints at retirement from acting career: I can’t even see Read more
Pune Teen's Blood Sample Was Thrown In Dustbin, Forensic Head Arrested, YouTuber Dhruv Rathee's cryptic post after Swati Maliwal's ‘death threat’ allegations, Triton Submarines co- ... Read more
Pune Teen's Blood Sample Was Thrown In Dustbin, Forensic Head Arrested, YouTuber Dhruv Rathee's cryptic post after Swati Maliwal's ‘death threat’ allegations, Triton Submarines co-founder builds $20M sub, will travel to Titanic site with Ohio billionaire after Titan tragedy, Gautam Gambhir visited Mannat, spoke to Shah Rukh Khan for hours leaving LSG owner Sanjiv Goenka stumped: Report, Anand Deverakonda interview: ‘Cinema does affect the psyche but censorship isn't the solution’ Read more
Delhi hospital fire: Owner Naveen Khichi, on-duty doctor Akash sent to 3-day police custody until May 30, Swati Maliwal speaks: Won’t resign from party, AAP does not belong to 2-3 ... Read more
Delhi hospital fire: Owner Naveen Khichi, on-duty doctor Akash sent to 3-day police custody until May 30, Swati Maliwal speaks: Won’t resign from party, AAP does not belong to 2-3 people, Ex Malegaon Mayor, Asaduddin Owaisi Party Leader, Shot Thrice In Nashik, ‘Shreyas Iyer next in line to become India captain, ahead of Shubman Gill after IPL 2024 triumph’: KKR legend, Kangana Ranaut refutes claims of partying with gangster Abu Salem; reveals identity of man in viral picture Read more
Top news of the day: Cyclone Remal landfall commences over coastal West Bengal, Bangladesh, Heads of the Congress-led opposition INDIA bloc's member parties will meet in Delhi on J ... Read more
Top news of the day: Cyclone Remal landfall commences over coastal West Bengal, Bangladesh, Heads of the Congress-led opposition INDIA bloc's member parties will meet in Delhi on June 1, Israel strikes back, 35 killed in Rafah after Hamas attack in Tel Aviv, Kolkata Knight Riders delivered a flawless performance in the IPL 2024 final, Naseeruddin Shah to play the role of a hacker in Sonu Sood’s Fateh Read more
Lok Sabha elections 2024: Phase 6 polling for 58 seats, Delhi votes today, Depression over Bay of Bengal: Four Odisha districts alerted, Swati Maliwal case: Arvind Kejriwal's aide ... Read more
Lok Sabha elections 2024: Phase 6 polling for 58 seats, Delhi votes today, Depression over Bay of Bengal: Four Odisha districts alerted, Swati Maliwal case: Arvind Kejriwal's aide Bibhav Kumar sent to 4-day judicial custody, Sunrisers Hyderabad beat Rajasthan Royals to set up title clash with Kolkata Knight Riders, Prosecutors in Harvey Weinstein's New York case cry foul over defense lawyer's comments Read more
Swati Maliwal assault case Highlights: AAP to march towards BJP headquarters; Delhi police say ‘not allowed’, SC declines directive to ECI on voter turnout disclosure, Pune Police ... Read more
Swati Maliwal assault case Highlights: AAP to march towards BJP headquarters; Delhi police say ‘not allowed’, SC declines directive to ECI on voter turnout disclosure, Pune Police say attempts made to show father's driver was driving Porsche, He boosted me when I struggled in IPL 2022 Kohli talks about special bond with DK, Rajinikanth visits a temple in Abu Dhabi after receiving Golden Visa for UAE. Watch Read more
Top news of the day: Porsche Taycan's GPS, cameras examined, 33,000 policemen, 17,500 home guards deployed in Delhi ahead of Phase 6 polls, A royal source has claimed Kate Middleto ... Read more
Top news of the day: Porsche Taycan's GPS, cameras examined, 33,000 policemen, 17,500 home guards deployed in Delhi ahead of Phase 6 polls, A royal source has claimed Kate Middleton is "in a very different position" to King Charles as she battles cancer, Sanjay Leela Bhansali discusses future of Salman Khan-Alia Bhatt's Inshallah, 'Once I'm Done, I'll Be Gone, You Won't See Me For While': Virat Kohli Speaks About Retirement Read more
What pushed Nifty to new all-time high above 22,800 today: 2 major factors, Pune Porsche crash: What teen's lawyer said about him being tried as adult, Prashant Kishor jabs critics ... Read more
What pushed Nifty to new all-time high above 22,800 today: 2 major factors, Pune Porsche crash: What teen's lawyer said about him being tried as adult, Prashant Kishor jabs critics over Lok Sabha poll prediction: ‘Keep plenty of water handy on June 4’, After Prashant Kishor, US expert predicts landslide BJP victory in Lok Sabha polls Swati Maliwal row: Amid AAP huddle, Delhi Police not to question Arvind Kejriwal's parents today Read more
Narendra Modi calls Calcutta HC verdict on OBC quota 'tight slap', IMD issues red alert in five districts of Kerala, heavy rainfall predicted in Tamil Nadu, Puducherry, India's res ... Read more
Narendra Modi calls Calcutta HC verdict on OBC quota 'tight slap', IMD issues red alert in five districts of Kerala, heavy rainfall predicted in Tamil Nadu, Puducherry, India's response to Uri and Pulwama attacks sent a ‘clear message’: S Jaishankar, 'Don't say one word to Virat Kohli...': De Villiers blasts Gavaskar for laying into 'India's hero' over strike-rate row, Jason Shah on Sharmin Segal's performance in Heeramandi: Sanjay Leela Bhansali kept telling her to act from the heart Read more
Supreme Court refuses to entertain Hemant Soren's interim bail plea against ED arrest, pulls up ex-Jharkhand CM Swati Maliwal Says ‘Everyone In AAP Under Pressure To Speak Dirty Th ... Read more
Supreme Court refuses to entertain Hemant Soren's interim bail plea against ED arrest, pulls up ex-Jharkhand CM Swati Maliwal Says ‘Everyone In AAP Under Pressure To Speak Dirty Things Against Me’, BJP expels Bhojpuri singer Pawan Singh for contesting against NDA candidate, Heatwave Alert LIVE updates: Red alert in Delhi, Rajasthan, Punjab, Haryana, UP; rainfall brings relief in parts of MP, ‘Deeply apologise for trauma’: Singapore Airlines CEO reacts to mid-air horror Read more