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.
Markets shut in Haryana’s Nuh amid new tension over stone pelting, PM Modi speaks up on deepfake videos, Israeli PM says efforts to minimise civilian casualties unsuccessful and ot ... Read more
Markets shut in Haryana’s Nuh amid new tension over stone pelting, PM Modi speaks up on deepfake videos, Israeli PM says efforts to minimise civilian casualties unsuccessful and other top news bulletin here. Read more
Top news of the day: Madhya Pradesh and Chhattisgarh to vote today in high-stakes battle, Israeli army uncovers Hamas tunnel shaft at Gaza's Al Shifa hospital, Shiv Sena factions c ... Read more
Top news of the day: Madhya Pradesh and Chhattisgarh to vote today in high-stakes battle, Israeli army uncovers Hamas tunnel shaft at Gaza's Al Shifa hospital, Shiv Sena factions come face to face at Bal Thackeray's memorial in Mumbai, Australia beat South Africa in thriller to set up Cricket World Cup final against India, Mohit Raina, Anupam Kher starrer ‘The Freelancer: The Conclusion’ release date out Read more
Top news of the day: Militants plant IED, ambush Assam Rifles troops on patrol in Manipur, Not mere posturing: LG's hard-hitting 'politics can wait' message on Delhi pollution, Isr ... Read more
Top news of the day: Militants plant IED, ambush Assam Rifles troops on patrol in Manipur, Not mere posturing: LG's hard-hitting 'politics can wait' message on Delhi pollution, Israel signals wider offensive in Gaza’s south, where hundreds of thousands have fled, Williamson's unmissable remark as Virat Kohli scales unparalleled batting high in 2023 WC, Zoya Akhtar reveals having second thoughts about casting Suhana Khan, Agastya Nanda, and Khushi Kapoor in The Archies Read more
Shami, Kohli lead India to a thrilling win over New Zealand, into World Cup final, India not ruling out the probe, asked Canada for proof: Jaishankar on Nijjar killing, Vijayendra ... Read more
Shami, Kohli lead India to a thrilling win over New Zealand, into World Cup final, India not ruling out the probe, asked Canada for proof: Jaishankar on Nijjar killing, Vijayendra takes charge as Karnataka BJP chief, says will ensure party wins all 28 LS seats and other top news bulletin here Read more
38 killed, 17 injured in bus mishap in J&K's Doda, Ashok Gehlot's ‘dignity’ attack at PM Modi, Israeli forces raid Gaza's largest hospital and other top news bulletin here. Read more
38 killed, 17 injured in bus mishap in J&K's Doda, Ashok Gehlot's ‘dignity’ attack at PM Modi, Israeli forces raid Gaza's largest hospital and other top news bulletin here. Read more
Top news of the day: Capital unable to shed its post-firecracker shroud, Sahara Group chief Subrata Roy dies of cardiorespiratory arrest, Priyanka Chaturvedi slams Abdul Razzaq for ... Read more
Top news of the day: Capital unable to shed its post-firecracker shroud, Sahara Group chief Subrata Roy dies of cardiorespiratory arrest, Priyanka Chaturvedi slams Abdul Razzaq for Aishwarya Rai comment: 'Pathetic upbringing', Telangana polls: Chief Electoral Officer asks Congress, BJP, BRS to pull out ads, Biden aims to ‘normalise’ US-China communication in Xi meeting Read more
Nearly 5,000 including 39 Myanmar army personnel cross border amid tensions, Rahul Gandhi says Narendra Modi, Amit Shah ‘stole’ government, 6 Delhi men driving to Mussoorie die aft ... Read more
Nearly 5,000 including 39 Myanmar army personnel cross border amid tensions, Rahul Gandhi says Narendra Modi, Amit Shah ‘stole’ government, 6 Delhi men driving to Mussoorie die after car crashes and other top news bulletin here. Read more
Uttarakhand tunnel tragedy: PM Modi speaks to CM Dhami, takes stock of situation, Biden Says Gaza’s Largest Hospital ‘Must Be Protected’ as Thousands Flee the Fighting, 'Babar Azam ... Read more
Uttarakhand tunnel tragedy: PM Modi speaks to CM Dhami, takes stock of situation, Biden Says Gaza’s Largest Hospital ‘Must Be Protected’ as Thousands Flee the Fighting, 'Babar Azam should quit captaincy': Malik, Akmal and Razzaq vote against Pakistan skipper after mediocre World Cup and other top news bulletin here Read more
Rains wash away Delhi's polluted blanket, Diwali air unlikely to be 'severe', US Credit-Rating Outlook Changed to Negative by Moody's, Shah Rukh Khan unveils 'Dunki' new posters an ... Read more
Rains wash away Delhi's polluted blanket, Diwali air unlikely to be 'severe', US Credit-Rating Outlook Changed to Negative by Moody's, Shah Rukh Khan unveils 'Dunki' new posters and other top news bulletin here Read more
Delhi govt says no odd-even in capital for now, Secure, open Indo-Pacific key area of focus at India, US 2+2 ministerial meet, Rishi Sunak under pressure to sack minister over rem ... Read more
Delhi govt says no odd-even in capital for now, Secure, open Indo-Pacific key area of focus at India, US 2+2 ministerial meet, Rishi Sunak under pressure to sack minister over remarks on Palestine march and other top news bulletin here. Read more
