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.
Baba Siddiqui murder: What we know about the NCP leader's attackers so far, Man with loaded gun arrested near Donald Trump's weekend rally, Cocaine worth ₹5,000 crore seized in Guj ... Read more
Baba Siddiqui murder: What we know about the NCP leader's attackers so far, Man with loaded gun arrested near Donald Trump's weekend rally, Cocaine worth ₹5,000 crore seized in Gujarat, linked to Delhi drug bust, India's T20 World Cup semi-final hopes hang in balance after 9-run loss to Australia, Jigra registers Alia Bhatt's worst box office opening in 10 years Read more
Jasprit Bumrah named vice-captain for India’s upcoming three-match Test series against New Zealand, Very big abuser of tariffs': What exactly is Donald Trump's stance on India?, Af ... Read more
Jasprit Bumrah named vice-captain for India’s upcoming three-match Test series against New Zealand, Very big abuser of tariffs': What exactly is Donald Trump's stance on India?, After mid-air glitch, Air India Express flight lands safely at Trichy, Passenger train rams into goods train near Chennai, 19 injured, Read more
J&K: 4 Independent MLAs back Omar Abdullah, Congress to decide today, Cocaine worth Rs 2,000 crore, hidden in namkeen packets, seized in Delhi, Lebanon: 22 killed, 117 injured ... Read more
J&K: 4 Independent MLAs back Omar Abdullah, Congress to decide today, Cocaine worth Rs 2,000 crore, hidden in namkeen packets, seized in Delhi, Lebanon: 22 killed, 117 injured after Israeli airstrikes in Beirut, Rohit Sharma could miss one of India's first two Tests against Australia in Border-Gavaskar Trophy, Singham Again stars Kareena Kapoor, Ajay Devgn, Rohit Shetty to do Ravan Dahan at Delhi’s Lav Kush Ramleela this year Read more
Ratan Tata, industry titan and national icon, dies at 86, Extraordinary human being: PM Modi, Rahul Gandhi, others mourn Ratan Tata,Why India's biggest victory in Women's T20 World ... Read more
Ratan Tata, industry titan and national icon, dies at 86, Extraordinary human being: PM Modi, Rahul Gandhi, others mourn Ratan Tata,Why India's biggest victory in Women's T20 World Cup history may not be enough to take them to semi-finals, Hurricane Milton makes landfall in Florida as a Category 3 storm Read more
Historic Haryana hat-trick for BJP, INDIA begins new innings in J&K, 'Parasitic party that swallows...': PM Narendra Modi lambasts Congress after Haryana election results, Nobe ... Read more
Historic Haryana hat-trick for BJP, INDIA begins new innings in J&K, 'Parasitic party that swallows...': PM Narendra Modi lambasts Congress after Haryana election results, Nobel winner John Hopfield warns of ‘catastrophe’ if AI advances are not ‘controlled’, Ex-England captain's ultimate praise for India's hunger for win, Yami Gautam gets emotional as father wins his first National Film Award Read more
Maldives President Muizzu in India on first state visit to repair ties, 4 dead as chaos erupts at IAF’s air show in Chennai, Israel attacks Lebanon on eve of Oct 7 grim anniversary ... Read more
Maldives President Muizzu in India on first state visit to repair ties, 4 dead as chaos erupts at IAF’s air show in Chennai, Israel attacks Lebanon on eve of Oct 7 grim anniversary, Prakash Raj accused by producer Vinod Kumar of causing ₹1 crore loss: ‘Disappeared without informing us’, India's Women's T20 World Cup semifinal hopes remain in threat despite Pakistan win Read more
Netflix cancels That '90s Show after just 2 seasons, star Kurtwood Smith confirms: ‘Tough news’, Israel strikes Hezbollah positions; Iran exhorts Tel Aviv's 'adversaries' to resist ... Read more
Netflix cancels That '90s Show after just 2 seasons, star Kurtwood Smith confirms: ‘Tough news’, Israel strikes Hezbollah positions; Iran exhorts Tel Aviv's 'adversaries' to resist, Haryana election 2024 highlights: Voter turnout at 61.5%; Yamunanagar tops, Gurugram lowest Read more
Israel hits Hezbollah intel HQ in Beirut, military says, Month after lodging FIR under SC/ST Prevention of Atrocities Act, family of four shot dead in Amethi, AAP MP Ashok Mittal d ... Read more
Israel hits Hezbollah intel HQ in Beirut, military says, Month after lodging FIR under SC/ST Prevention of Atrocities Act, family of four shot dead in Amethi, AAP MP Ashok Mittal delighted to host former CM Arvind Kejriwal at his residence, Telangana minister withdraws remarks on Samantha-Naga divorce, Nagarjuna files defamation case, Brad Haddin fears a Kanpur-like showing by Indian team in Australia Read more
Deadly Israeli strike on central Beirut after soldiers killed, Sonam Wangchuk released from detention, breaks fast, JMM Is Serving 'Jhooth Ki Jalebi': PM Modi Accuses State Govt Of ... Read more
Deadly Israeli strike on central Beirut after soldiers killed, Sonam Wangchuk released from detention, breaks fast, JMM Is Serving 'Jhooth Ki Jalebi': PM Modi Accuses State Govt Of Endangering Jharkhand's Identity, Samantha condemns K Surekha’s remarks linking KTR to her divorce from Naga Chaitanya: Could you please keep my name out, South Africa crushes Ireland by 139 runs in ODI opener Read more
Israel Says It Has Begun "Ground Raids" Against Hezbollah In South Lebanon, MUDA scam: CM's wife offers to return 14 sites, BJP says 'admitting' guilt, J&K Assembly Elections H ... Read more
Israel Says It Has Begun "Ground Raids" Against Hezbollah In South Lebanon, MUDA scam: CM's wife offers to return 14 sites, BJP says 'admitting' guilt, J&K Assembly Elections Highlights: Over 65 per cent voter turnout till 5 pm in 40 Assembly seats of Jammu and Kashmir, Jaiswal leads India batting charge in rain-hit Test, Rajinikanth admitted to hospital for elective procedure, condition stable Read more