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.
Top news of the day: Indians vote in the first phase of the world’s largest election, Court reserves order on Kejriwal's plea seeking insulin in Tihar jail, Indian embassy issues a ... Read more
Top news of the day: Indians vote in the first phase of the world’s largest election, Court reserves order on Kejriwal's plea seeking insulin in Tihar jail, Indian embassy issues advisory, asks reschedule of non-essential air travel, Nearly half of China's major cities are sinking, researchers say, Israel-Iran tensions live news: Explosions as ‘drones downed’ over Isfahan Read more
Top news of the day: The first phase of voting for the 2024 Lok Sabha election commenced today, Salman Khan House Firing: 2 Arrested Wanted To Create "Terror", Say Cops, Joe Biden ... Read more
Top news of the day: The first phase of voting for the 2024 Lok Sabha election commenced today, Salman Khan House Firing: 2 Arrested Wanted To Create "Terror", Say Cops, Joe Biden mocked after mixing up Haifa and Rafah during interview on Gaza conflict, Ashutosh Sharma has made sure his name won't fade from public memory once the 2024 season of the Indian Premier League ends, BCCI takes action against Hardik Pandya immediately after PBKS vs MI IPL match, slaps heavy fine for over rate offence Read more
ED attaches Raj Kundra's assets worth Rs 97 crore in PMLA case, Delhi jumps seven places from pre-COVID era, enters top 10 airports club, Arvind Kejriwal eating mangoes, sweets in ... Read more
ED attaches Raj Kundra's assets worth Rs 97 crore in PMLA case, Delhi jumps seven places from pre-COVID era, enters top 10 airports club, Arvind Kejriwal eating mangoes, sweets in jail to raise sugar levels: ED on Delhi CM's plea, Nestle adds sugar to infant milk, cereal products sold in several countries including India: Report, Meet Priyamvada Natarajan, Indian Yale professor on TIME's 2024 list of 100 most influential people Read more
2024 Lok Sabha polls: Modi rally blitz in west Uttar Pradesh from April 19, Ghulam Nabi Azad attacks Rahul Gandhi: ‘Seeks refuge in minority-dominated states’, Prince Harry Changes ... Read more
2024 Lok Sabha polls: Modi rally blitz in west Uttar Pradesh from April 19, Ghulam Nabi Azad attacks Rahul Gandhi: ‘Seeks refuge in minority-dominated states’, Prince Harry Changes Country of Residence in New Filing, Dibakar Banerjee says people didn't actually care when Sushant Singh Rajput died, only wanted ‘spicy gossip’, Hardik Pandya 'automatic selection' but Rinku Singh's T20 World Cup spot shockingly in danger Read more
'Surya Tilak' illuminates Ram Lalla idol's forehead at Ayodhya Temple on Ram Navami, Will abide by party decision: Rahul Gandhi on contesting LS polls from Amethi, Dubai airport ru ... Read more
'Surya Tilak' illuminates Ram Lalla idol's forehead at Ayodhya Temple on Ram Navami, Will abide by party decision: Rahul Gandhi on contesting LS polls from Amethi, Dubai airport runway flooded as heavy rain brings city to standstill, Lok Sabha election 2024: Campaign to end for phase 1 today, Saudis, UAE Warn of War Dangers as Israel-Iran Tensions Boil Read more
Top news of the day: 29 Maoists dead in fierce Chhattisgarh operation, Ayodhya all set for Ram Navami celebrations, first after 'Pran Pratishtha' at Ram temple, Dubai's major inter ... Read more
Top news of the day: 29 Maoists dead in fierce Chhattisgarh operation, Ayodhya all set for Ram Navami celebrations, first after 'Pran Pratishtha' at Ram temple, Dubai's major international airport diverted scores of incoming flights on Tuesday as heavy rains lashed the United Arab Emirates, Buttler Ton Powers Rajasthan To Record IPL Chase Of 224, Read more
Two Suspects in Salman Khan Residence Firing Case Remanded to Mumbai Police Custody, Patanjali case: Ramdev, Balkrishna Acharya ready for ‘public apology’; Supreme Court next heari ... Read more
Two Suspects in Salman Khan Residence Firing Case Remanded to Mumbai Police Custody, Patanjali case: Ramdev, Balkrishna Acharya ready for ‘public apology’; Supreme Court next hearing on April 23, Reception Not A Part of Wedding: Bombay High Court, Civil Services final results out, Aditya Srivastava from IIT Kanpur tops exam, Ram Navami to Be Celebrated on 17 April: Many Banks to Remain Closed Read more
Mumbai Crime Branch detains two suspects from Navi Mumbai in Salman Khan firing case: Report,Congress Manifesto Biggest Loss For People Less Than 25 Years Of Age": PM Modi NASA con ... Read more
Mumbai Crime Branch detains two suspects from Navi Mumbai in Salman Khan firing case: Report,Congress Manifesto Biggest Loss For People Less Than 25 Years Of Age": PM Modi NASA confirms mystery object that crashed through roof of Florida home came from space station, Indian Premier League: Sunrisers Hyderabad hit highest tournament total against Royal Challengers Bengaluru, ‘Rust’ armorer convicted of involuntary manslaughter in fatal shooting by Alec Baldwin on movie set Read more
Delhi excise policy: No relief for Arvind Kejriwal, Supreme Court issues notice to ED, Rahul Gandhi's helicopter searched by EC officials in Nilgiris, Airlines scramble to reroute ... Read more
Delhi excise policy: No relief for Arvind Kejriwal, Supreme Court issues notice to ED, Rahul Gandhi's helicopter searched by EC officials in Nilgiris, Airlines scramble to reroute as Israel-Iran tensions rise, Plan to fire at Salman Khan's house hatched in US by Lawrence Bishnoi's man: Report, Bade Miyan Chote Miyan: Will hit ₹100 crore milestone today Read more
Top news of the day: Iran launched a direct attack on Israel for the first time, firing more than 300 missiles and drones, SC to hear plea against HC order upholding his arrest by ... Read more
Top news of the day: Iran launched a direct attack on Israel for the first time, firing more than 300 missiles and drones, SC to hear plea against HC order upholding his arrest by ED today, PM Modi to campaign for NDA candidates in central and south Kerala tomorrow, Rohit Sharma's Century Goes In Vain As CSK Beat MI By 20 Runs Read more