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.
Joe Biden says Iran to attack Israel ‘sooner, rather than later', issues ‘Don’t' warning to Tehran, Uddhav Thackeray reacts to PM Modi's 'fake Shiv Sena' jibe: 'Not your degree', ... Read more
Joe Biden says Iran to attack Israel ‘sooner, rather than later', issues ‘Don’t' warning to Tehran, Uddhav Thackeray reacts to PM Modi's 'fake Shiv Sena' jibe: 'Not your degree', The answer to terrorists cannot have any rules”: EAM Jaishankar reaffirms muscular response to cross-border terrorism,Rishabh Pant should be fined...': Adam Gilchrist fumes at DC captain for arguing with umpire during LSG IPL 2024 match, Rashmika Mandanna reveals why she doesn’t take success lightly: ‘I know there are girls prettier than me…’ Read more
Top news of the day: Bengaluru Rameshwaram Cafe blast: NIA arrests 2, including ‘mastermind’, from Bengal, PM Modi reaches out to the masses with ‘BJP model vs Congress model', Doo ... Read more
Top news of the day: Bengaluru Rameshwaram Cafe blast: NIA arrests 2, including ‘mastermind’, from Bengal, PM Modi reaches out to the masses with ‘BJP model vs Congress model', Doorstep voting for elderly, PwD voters in Lok Sabha polls: Election Commission, Zomato share price extends gains for sixth straight session to a record high; JM Financial raises target price, Bade Miyan Chote Miyan worldwide box office collection day 1: Film makes ₹33 cr. Is box office star Akshay Kumar back? Read more
Top news of the day: Rajnath Singh on Arvind Kejriwal arrest: ‘There is no washing machine, if Sanjay Singh can get bail, why not…’, Congress MP Shashi Tharoor responded to union m ... Read more
Top news of the day: Rajnath Singh on Arvind Kejriwal arrest: ‘There is no washing machine, if Sanjay Singh can get bail, why not…’, Congress MP Shashi Tharoor responded to union minister and BJP leader Rajeev Chandrasekhar's defamation notice against him, Billionaire Elon Musk is likely to be in the final stages of finalising the investment plan for Tesla's India debut this month, Virat Kohli reminds MI fans Hardik Pandya plays for India, asks trolls to applaud under-fire Mumbai skipper at Wankhede, Michael Douglas hopes India welcome religious diversity this election, not be a country 'under one religion’ Read more
BRS leader K Kavitha arrested by CBI in Tihar in Delhi excise policy case, Congress reacts to Modi's interview: 'PM crossed all limits of cowardice', Haryana bus accident: 6 childr ... Read more
BRS leader K Kavitha arrested by CBI in Tihar in Delhi excise policy case, Congress reacts to Modi's interview: 'PM crossed all limits of cowardice', Haryana bus accident: 6 children dead, survivor says drunk driver was speeding, Rohan Gupta joins BJP weeks after quitting Cong, says it became directionless, “Worst is behind us”: Vistara CEO to staff Read more
Elon Musk confirms India visit, says looking forward to meeting PM Modi, Dozens of construction workers from India depart country for jobs in Israel, Shubman Gill's mic-drop reply ... Read more
Elon Musk confirms India visit, says looking forward to meeting PM Modi, Dozens of construction workers from India depart country for jobs in Israel, Shubman Gill's mic-drop reply to broadcaster's 'thought you left it too late' comment after GT's sensational win vs RR, Arjun Rampal recalls having no money, struggling to pay rent: ‘I had no source of income in that period of time’ Read more
Supreme Court's ‘will rip you apart’ warning in Patanjali ads case, ‘Mamata Banerjee misleading people on CAA’: Amit Shah in West Bengal, Rajeev Chandrasekhar's legal notice to Sha ... Read more
Supreme Court's ‘will rip you apart’ warning in Patanjali ads case, ‘Mamata Banerjee misleading people on CAA’: Amit Shah in West Bengal, Rajeev Chandrasekhar's legal notice to Shashi Tharoor for defamation, Congress may hold next meeting on Lok Sabha candidates on April 13, Delhi court dismisses Arvind Kejriwal's plea seeking more time with his lawyers Read more
Top news of the day: 12 killed as bus overturns, falls into ditch in Chhattisgarh's Durg, "We may not win 400 seats, but will surely...": Former Uttarakhand CM hits back at Ramesh ... Read more
Top news of the day: 12 killed as bus overturns, falls into ditch in Chhattisgarh's Durg, "We may not win 400 seats, but will surely...": Former Uttarakhand CM hits back at Ramesh for mocking BJP poll pitch, Donald Trump reportedly plans federal investigations of Joe Biden if he gets another term in the White House, Sunrisers Hyderabad Survive Last-over Chaos to Beat Punjab Kings by Two Runs Read more
EC directs CBDT to verify assets declared by Union Minister Rajeev Chandrasekhar after Congress complaint, Modi invokes 'Rama, Shakti' to target Congress in Pilibhit, MVA seals sea ... Read more
EC directs CBDT to verify assets declared by Union Minister Rajeev Chandrasekhar after Congress complaint, Modi invokes 'Rama, Shakti' to target Congress in Pilibhit, MVA seals seat-sharing deal in Maharashtra, Shiv Sena (UBT) gets 21, Congress 17, NCP (SP) 10, 'Nobody expected Dhoni to win T20 World Cup...': Virender Sehwag hands MSD moniker to Ruturaj Gaikwad, A film doesn't have to be led by a man to pull audience to theatre: Kriti Sanon on 'Crew' success Read more
Total Solar Eclipse observed across North America with cheers, music and matrimony, Delhi HC to pass order on Tuesday on Kejriwal’s plea challenging ED arrest,Baba Tarsem Singh's m ... Read more
Total Solar Eclipse observed across North America with cheers, music and matrimony, Delhi HC to pass order on Tuesday on Kejriwal’s plea challenging ED arrest,Baba Tarsem Singh's murder: Main accused Amarjit Singh killed in encounter,Gaekwad and Jadeja star as Chennai hands Kolkata first defeat in IPL,Video Games Top Source For TV Inspiration Says Jonathan Nolan Read more
Delhi excise probe: Delhi CM’s PA Bibhav Kumar questioned; Durgesh Pathak summoned, Prashant Kishor's big prediction for BJP in Tamil Nadu, West Bengal ahead of Lok Sabha elections ... Read more
Delhi excise probe: Delhi CM’s PA Bibhav Kumar questioned; Durgesh Pathak summoned, Prashant Kishor's big prediction for BJP in Tamil Nadu, West Bengal ahead of Lok Sabha elections, Solar Eclipse: Time, duration and how to live stream, Vistara Airlines says scaling back operations by 10 per cent of capacity, Decoding Allu Arjun's androgynous jatara look in Pushpa 2 The Rule teaser Read more