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.
Farmers reject Centre's proposal to procure five crops at MSP over next five years, Seal the deal before we come together: Akhilesh on joining Cong yatra, Putin gifts North Korea's ... Read more
Farmers reject Centre's proposal to procure five crops at MSP over next five years, Seal the deal before we come together: Akhilesh on joining Cong yatra, Putin gifts North Korea's Kim Jong Un Russian-made car, Farhan Akhtar to share big update about Ranveer Singh's 'Don 3' tomorrow, Messi insists Hong Kong no-show was due to injury, not politics Read more
Kamal Haasan to make announcement on alliance ahead of upcoming polls, ‘Should wait for court's judgment’: Kejriwal to ED on skipping summon in Delhi excise policy case, 'Ye aajkal ... Read more
Kamal Haasan to make announcement on alliance ahead of upcoming polls, ‘Should wait for court's judgment’: Kejriwal to ED on skipping summon in Delhi excise policy case, 'Ye aajkal ke bacche': Rohit Sharma drops another classic, reacts to India's young 'trinity' after England thrashing, Pakistani writer Yasir Hussain says Indian TV shows are of ‘ghatiya' quality: ‘Intehaayi zeher drama hai’, Oppn Lost Courage To Fight Polls': PM Modi In LS Slams Congress Over Inflation Read more
Chandigarh mayor Manoj Sonkar resigns ahead of Supreme Court hearing, PM Modi To Lay Foundation Stone Of Kalki Dham Temple In UP's Sambhal Today On Ex-Congress Leader's Invite, Far ... Read more
Chandigarh mayor Manoj Sonkar resigns ahead of Supreme Court hearing, PM Modi To Lay Foundation Stone Of Kalki Dham Temple In UP's Sambhal Today On Ex-Congress Leader's Invite, Farmers Protest: ‘Delhi Chalo’ On Hold After Centre Proposes 5-Year Plan, Rohit relishes India's big Test win with 'young team', BAFTA 2024: 'Oppenheimer' dominates, no wins for 'Barbie' Read more
Top news of the day: Arvind Kejriwal calls for trust vote in Delhi assembly on day of court summons, Imran Khan's PTI party decides to sit in Opposition at Centre, Punjab, INSAT-3D ... Read more
Top news of the day: Arvind Kejriwal calls for trust vote in Delhi assembly on day of court summons, Imran Khan's PTI party decides to sit in Opposition at Centre, Punjab, INSAT-3DS launch today: Why is the rocket called ‘naughty boy’ of ISRO?, Ashwin left Rajkot Test, England series midway to attend to mother in Chennai: BCCI VP wishes for her 'speedy recovery' Read more
Bharat bandh today: Are banks, offices closed?, Manipur: Mob barges into Churachandpur government office complex, 1 killed, Jet Airways' Naresh Goyal says he is suffering from 'slo ... Read more
Bharat bandh today: Are banks, offices closed?, Manipur: Mob barges into Churachandpur government office complex, 1 killed, Jet Airways' Naresh Goyal says he is suffering from 'slow growing cancer', seeks interim bail, Rohit Sharma and Ravindra Jadeja's hundreds shepherd India to safety on Day 1 of 3rd Test against England at Rajkot, X-Men '97 official trailer, voice cast, Disney+ release date unveiled Read more
Top news of the day: Great victory for transparency, level playing field in polls: Chidambaram on electoral bond verdict, Pakistan ex-PM Imran Khan's PTI nominates Omar Ayub as pri ... Read more
Top news of the day: Great victory for transparency, level playing field in polls: Chidambaram on electoral bond verdict, Pakistan ex-PM Imran Khan's PTI nominates Omar Ayub as prime minister candidate, Sonia Gandhi not to contest 2024 LS polls; pens emotional letter to Rae Bareli, Farmers moving like army with tractors; making political comments: Haryana CM, ED questions Paytm officials, gets documents on RBI action: Report Read more
Top news of the day: Farmers' protest: Police use tear gas, traffic jams result on roads, talks with Centre tomorrow, 1 person dead, more than 20 wounded in shooting following Supe ... Read more
Top news of the day: Farmers' protest: Police use tear gas, traffic jams result on roads, talks with Centre tomorrow, 1 person dead, more than 20 wounded in shooting following Super Bowl parade, PM Modi In Doha, Discusses Ways To Boost Ties With Qatari Counterpart, Rohit Sharma to captain India in T20 World Cup confirms BCCI secretary Jay Shah, Marvel reveals new 'Fantastic Four' cast, confirms July 2025 release date Read more
BJP's Rajya Sabha list: JP Nadda from Gujarat, Congress turncoat Ashok Chavan from Maharashtra Congress asks Modi to apologise for failing to keep MSP promise to farmers Indian-Ame ... Read more
BJP's Rajya Sabha list: JP Nadda from Gujarat, Congress turncoat Ashok Chavan from Maharashtra Congress asks Modi to apologise for failing to keep MSP promise to farmers Indian-American family of four shot dead in California home Mark Wood joins James Anderson as England field two pacers in 3rd Test vs India, Rehan Ahmed included after visa issue What to do if family dislikes your partner because of caste, class, religion, gender? Read more
Farmers protest: Chalo Dilli march, deterred on day 1, to restart today , Pakistan elections: Nawaz Sharif nominates brother Shehbaz as Prime Ministerial candidate, Bilkis Bano cas ... Read more
Farmers protest: Chalo Dilli march, deterred on day 1, to restart today , Pakistan elections: Nawaz Sharif nominates brother Shehbaz as Prime Ministerial candidate, Bilkis Bano case: Gujarat govt asks SC to remove remarks against it, 29 likely to be elected to Rajya Sabha unopposed World looking at India as 'Vishwa Bandhu' ...voice heard in every major platform": PM Modi in Abu Dhabi Read more
Farmers throw stones at Haryana Police at Shambhu, face teargas shelling, Biden says "key elements" of a Gaza deal are on the table as he meets with Jordan's King Abdullah, Ex-Maha ... Read more
Farmers throw stones at Haryana Police at Shambhu, face teargas shelling, Biden says "key elements" of a Gaza deal are on the table as he meets with Jordan's King Abdullah, Ex-Maharashtra CM Ashok Chavan joins BJP; says it’s his new journey in political life, Ben Stokes marks 100th Test with India series on knife-edge, Deepika Padukone to present honour at BAFTA Awards, actor expresses gratitude Read more
