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.
PM Modi responds to Lalu Prasad Yadav's swipe, top BJP leaders launch ‘Modi Ka Parivar’ campaign, Udayanidhi Stalin’s Sanatan Dharma comments abuse of right to free speech: SC, NBC ... Read more
PM Modi responds to Lalu Prasad Yadav's swipe, top BJP leaders launch ‘Modi Ka Parivar’ campaign, Udayanidhi Stalin’s Sanatan Dharma comments abuse of right to free speech: SC, NBC News host Kristen Welker blasted for saying Trump 'allegedly' tried to overturn 2020 election: ‘Get a new job', Rain and 1 degree Celsius temperature: India vs England Dharamsala Test set for multiple interruptions, Amitabh Bachchan goes ‘wah’ at S Jaishankar's comment on whether India is ‘being a bully’ to its neighbours Read more
Top news of the day: 3 sent to jail for gang rape of Spanish tourist in Jharkhand, search on for 4 more, PM Modi To Begin 5-State Tour Today, To Launch Projects Worth Rs 1,10,600 C ... Read more
Top news of the day: 3 sent to jail for gang rape of Spanish tourist in Jharkhand, search on for 4 more, PM Modi To Begin 5-State Tour Today, To Launch Projects Worth Rs 1,10,600 Crore, Vice President Kamala Harris called for a temporary cease-fire between Israel and Hamas, Stunning Shardul Thakur Century Overshadows R Sai Kishore's 6-Wicket Haul, Anant Ambani-Radhika pre-wedding bash Bachchan Rajinikant arrive in Jamnagar Read more
Top news of the day: UAPA invoked as IED blast at Bengaluru cafe injures nine, Gadkari sends legal notice to Kharge, Ramesh for sharing ‘misleading’ news content on X, US to airdro ... Read more
Top news of the day: UAPA invoked as IED blast at Bengaluru cafe injures nine, Gadkari sends legal notice to Kharge, Ramesh for sharing ‘misleading’ news content on X, US to airdrop humanitarian aid into Gaza, Rihanna sets stage on fire at Anant Ambani's pre-wedding bash in Jamnagar, Yuvraj Singh denies media reports of him contesting Lok Sabha polls Read more
Top news of the day: DGCA fines Air India ₹30 lakh over lack of wheelchairs after 80-year-old's death, TMC suspends Sheikh Shahjahan for 6 yrs: ‘Now take action against Brij Bhusha ... Read more
Top news of the day: DGCA fines Air India ₹30 lakh over lack of wheelchairs after 80-year-old's death, TMC suspends Sheikh Shahjahan for 6 yrs: ‘Now take action against Brij Bhushan’, 'Only option left is to die': Uttarakhand rat-hole miner after DDA razed house, LeT bomb-maker Abdul Karim Tunda acquitted in 1993 serial blast case, BCCI announces revised India squad for 5th Test Read more
Sandeshkhali incident: TMC leader Shahjahan Sheikh arrested from Bengal, Shadow over Sukhwinder Singh Sukhu’s future as Congress battles to save Himachal govt, National parties dec ... Read more
Sandeshkhali incident: TMC leader Shahjahan Sheikh arrested from Bengal, Shadow over Sukhwinder Singh Sukhu’s future as Congress battles to save Himachal govt, National parties declare income of Rs 3077 cr in 2022-23; BJP has highest share, Telugu Actress Sowmya Janu Manhandles Policeman, Hurls Abuses and Rips His Clothes Read more
Top episodes of the day: Himachal Pradesh crisis: CM Sukhvinder Singh Sukhu's first reaction amid reports of his resignation, Stock market crash today: What led to the steep fall i ... Read more
Top episodes of the day: Himachal Pradesh crisis: CM Sukhvinder Singh Sukhu's first reaction amid reports of his resignation, Stock market crash today: What led to the steep fall in Sensex stocks? Manipur Police officer abducted as 200 gunmen storm house, Army called in, CBI summons Akhilesh Yadav on Friday in illegal mining cases, Funeral of Russian opposition leader Alexei Navalny to be held on Friday, spokesperson says Read more
Top news of the day: Sukhu government in Himachal Pradesh on brink after BJP stuns Congress in Rajya Sabha election, Kerala: Left leaders question Rahul on possible candidacy from ... Read more
Top news of the day: Sukhu government in Himachal Pradesh on brink after BJP stuns Congress in Rajya Sabha election, Kerala: Left leaders question Rahul on possible candidacy from Wayanad, Germany and Poland say they're not sending troops to Ukraine, IPL 2024: Ishan Kishan makes only 19 on return to competitive cricket, Richa Chadha, Ali Fazal to produce 5 more films via their production house Pushing Buttons Studios Read more
Top news of the day: PM Modi's 'BFF' jibe at Congress, Left: ‘Lathi in Kerala, samosa-tea outside’, ED issues 8th summons to Kejriwal, asks him to appear for questioning on Mar 4, ... Read more
Top news of the day: PM Modi's 'BFF' jibe at Congress, Left: ‘Lathi in Kerala, samosa-tea outside’, ED issues 8th summons to Kejriwal, asks him to appear for questioning on Mar 4, Big setback for BJP as its Karnataka MLA cross-votes for Congress in Rajya Sabha elections, Sunil Gavaskar reacts to Rohit Sharma's 'jinko bhookh nahi hai' comment, Rana Daggubati says his illness made him mean: ‘Unless you can donate a kidney or an eye, don’t ask about it’ Read more
Top news of the day: Rajya Sabha polls in Uttar Pradesh: Advantage BJP as chinks in INDIA bloc armour exposed, Kashmiri journalist Yana Mir vs Delhi Customs at airport: ‘Privileges ... Read more
Top news of the day: Rajya Sabha polls in Uttar Pradesh: Advantage BJP as chinks in INDIA bloc armour exposed, Kashmiri journalist Yana Mir vs Delhi Customs at airport: ‘Privileges are not above law’, Ghazal singer Pankaj Udhas' last rites will be held on Tuesday afternoon, says his daughter Nayaab Udhas, Rohit Sharma sets record straight over India's Test selection principle: Only players who have hunger will get chances Read more
Top news of the day: Haryana Home Minister Anil Vij assures Assembly of CBI probe into killing of INLD State chief, 'Won't allow child marriage as long as I am alive': Himanta Bisw ... Read more
Top news of the day: Haryana Home Minister Anil Vij assures Assembly of CBI probe into killing of INLD State chief, 'Won't allow child marriage as long as I am alive': Himanta Biswa Sarma furious speech on Muslim marriage act, Election of Chief Minister of Pakistan's Punjab province to take place tomorrow, Dhruv Jurel, Shubman Gill see off early bumps as India take series vs England, Randeep Hooda says he locked himself up in jail to prepare for Veer Savarkar biopic Read more