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.
Top news of the day: Lok Sabha Panel Recommends Expulsion of Mahua Moitra in 'Cash-for-Query' Matter, Delhi NCR region sees sudden change in weather, receives light rain, New UN re ... Read more
Top news of the day: Lok Sabha Panel Recommends Expulsion of Mahua Moitra in 'Cash-for-Query' Matter, Delhi NCR region sees sudden change in weather, receives light rain, New UN report paints a picture of the devastation of the collapsing Palestinian economy, Pakistan stare at an improbable situation to make World Cup semifinals, Actors strike ends: Deadpool 3 shoot to resume, Stranger Things actor Noah Schnapp says ‘we did it’ Read more
Top news of the day: Ethics Committee report on Mahua Moitra will push for new conduct rules for MPs, Mahua Moitra claims 'egregious breach' of Lok Sabha rules, accuses Speaker Om ... Read more
Top news of the day: Ethics Committee report on Mahua Moitra will push for new conduct rules for MPs, Mahua Moitra claims 'egregious breach' of Lok Sabha rules, accuses Speaker Om Birla of ‘inaction’, Indian journalist's phone targeted with Israeli spyware Pegasus, Indian student who was stabbed in head at a US gym dies; attacker found him ‘little weird', ‘You’re just scum’, Nikki Haley blasts Vivek Ramaswamy; he calls her ‘Dick Cheney in three-inch heels’ Read more
Apple co-founder Steve Wozniak suffers a possible stroke, hospitalized in Mexico City, Lok Sabha Panel To Adopt Report On Cash-For-Query Allegation Against Mahua Moitra, Ben Stokes ... Read more
Apple co-founder Steve Wozniak suffers a possible stroke, hospitalized in Mexico City, Lok Sabha Panel To Adopt Report On Cash-For-Query Allegation Against Mahua Moitra, Ben Stokes’ first Cricket World Cup century helps England end losing streak with a win vs. Netherlands and other top news bulletin here Read more
Top news of the day: Delhi government announces early winter break in schools as air quality turns 'severe' again, Nitish Kumar apologizes for his birth control remarks, BJP demand ... Read more
Top news of the day: Delhi government announces early winter break in schools as air quality turns 'severe' again, Nitish Kumar apologizes for his birth control remarks, BJP demands resignation, AAP's ‘referendum’ is to make Arvind Kejriwal's wife, Sunita, next Delhi CM: BJP alleges, Israel kills top Hamas weapon maker; G-7 calls for 'humanitarian pause', Suspected use of snake venom: Cops grill Youtuber, probe finds venom glands missing in nine rescued snakes Read more
Top news of the day: Bihar wants 75pc reservations after Survey shows 1/3rd of all families live on less than 200 per day, Israel fights Hamas deep in Gaza City and foresees contro ... Read more
Top news of the day: Bihar wants 75pc reservations after Survey shows 1/3rd of all families live on less than 200 per day, Israel fights Hamas deep in Gaza City and foresees control of the enclave’s security after war, Assembly polls: Chhattisgarh records 60.92 percent turnout till 3 pm, Mizoram at 69.78 percent, Glenn Maxwell rewrites record books with a memorable double ton against Afghanistan, Vicky Kaushal Reveals Not Feeling 'Handsome' Enough To Play Sam Manekshaw Read more
Will go by order: Delhi govt on odd-even after Supreme Court's ‘optics’ rap, Bihar caste survey data out: What it says, Visitors not allowed at Delhi, Punjab airports after threa ... Read more
Will go by order: Delhi govt on odd-even after Supreme Court's ‘optics’ rap, Bihar caste survey data out: What it says, Visitors not allowed at Delhi, Punjab airports after threat from Canada-based SJF and other top news bulletin here. Read more
Assembly Elections 2023 Live: IED blast in Chhattisgarh's Sukma injures CRPF commando as polling gets under way, Israel says it is open to Gaza fighting pauses for aid, hostages, H ... Read more
Assembly Elections 2023 Live: IED blast in Chhattisgarh's Sukma injures CRPF commando as polling gets under way, Israel says it is open to Gaza fighting pauses for aid, hostages, Hollywood actors' union disagrees with studios' offer, including AI and other top news bulletin here Read more
Top news of the day: Delhi to reintroduce Odd-Even scheme from Nov 13-20 to combat 'severe' air pollution, Kerala court grants police 10-day custody of accused in Kochi blast case, ... Read more
Top news of the day: Delhi to reintroduce Odd-Even scheme from Nov 13-20 to combat 'severe' air pollution, Kerala court grants police 10-day custody of accused in Kochi blast case, Vladimir Putin has decided to run for Russia's president again in 2024: Report, Entire Sri Lanka Cricket Board sacked following humiliating World Cup loss to India, Rashmika Mandanna breaks silence on 'extremely scary' deepfake video of her being spread online Read more
Top news of the day: Air pollution in Delhi-NCR: Here's list of curbs in stage 4 of Graded Response Action Plan (GRAP), Cash-for-query case: LS panel may adopt draft report tomorro ... Read more
Top news of the day: Air pollution in Delhi-NCR: Here's list of curbs in stage 4 of Graded Response Action Plan (GRAP), Cash-for-query case: LS panel may adopt draft report tomorrow; stringent action likely, SFJ threat: India asks Canada to step up security on Air India flights, Birthday boy Kohli hits record-equaling 49th ODI ton, 'The Railway Men': R Madhavan, Babil Khan unveil new motion poster, trailer to be out on this date Read more
Top news of the day: 128 dead as a strong earthquake of 6.4 magnitude rocks northwestern Nepal, AQI severe at 413, Delhi blames UP for sending BS3, BS4 vehicles, Hezbollah tells U. ... Read more
Top news of the day: 128 dead as a strong earthquake of 6.4 magnitude rocks northwestern Nepal, AQI severe at 413, Delhi blames UP for sending BS3, BS4 vehicles, Hezbollah tells U.S. to halt Israel's Gaza attack to prevent a regional war, Baghel got ₹508 cr from Mahadev betting app promoters, says ED; CM dismisses charge, Matthew Perry laid to rest in Los Angeles Read more
