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: Laws strong enough, implement in letter, spirit: Centre to Mamata, PM Modi to flag off two Vande Bharat trains on August 31, The US military took part in an Ir ... Read more
Top news of the day: Laws strong enough, implement in letter, spirit: Centre to Mamata, PM Modi to flag off two Vande Bharat trains on August 31, The US military took part in an Iraqi raid in the country's western region that killed 15 people as forces targeted suspected militants from the Islamic State group, the American military said early Saturday, The extraordinary Avani Lekhara became the first Indian to win two successive Paralympic gold medals with a record-breaking performance that cemented her place as one of the finest para-shooters in the world on a history-making day for the country, Barry Keoghan joins cast of ‘Peaky Blinders’ movie Read more
Narendra Modi in Maharashtra: PM to launch Vadhvan Port project, address Global Fintech Fest in Mumbai, Kolkata doctor rape-murder: What did hospital tell parents on August 9? Deta ... Read more
Narendra Modi in Maharashtra: PM to launch Vadhvan Port project, address Global Fintech Fest in Mumbai, Kolkata doctor rape-murder: What did hospital tell parents on August 9? Details of first 3 calls surface, Monsoon remains active in August; more rain likely in September first week Read more
India's 2nd nuclear missile submarine to be commissioned by Rajnath Singh today, IMA suspends membership of former RG Kar Medical Hospital principal Sandip Ghosh, Rains claim 19 mo ... Read more
India's 2nd nuclear missile submarine to be commissioned by Rajnath Singh today, IMA suspends membership of former RG Kar Medical Hospital principal Sandip Ghosh, Rains claim 19 more lives in Gujarat, toll up to 26; 17,800 evacuated, PM Modi dials CM, assures aid, Lucknow Super Giants announce Zaheer Khan as mentor for next IPL season Read more
Bangla bandh call today over ‘Nabanna Abhijan’ clashes; JP Nadda slams Mamata Banerjee, 12 Members Elected Unopposed To Rajya Sabha, NDA Touches Majority Mark, BRS leader K Kavitha ... Read more
Bangla bandh call today over ‘Nabanna Abhijan’ clashes; JP Nadda slams Mamata Banerjee, 12 Members Elected Unopposed To Rajya Sabha, NDA Touches Majority Mark, BRS leader K Kavitha walks out of jail after getting bail in Delhi excise policy case, Jay Shah elected unopposed, becomes youngest ever ICC chairman, Justice Hema Committee report fallout: Mohanlal steps down as president of AMMA amid sexual assault allegations Read more
'Nabanna Abhijan' rally will be peaceful, says organiser Chhatra Samaj, Chhatrapati Shivaji Maharaj statue collapse: FIR filed against contractor Jaydeep Apte,Mark Zuckerberg was ‘ ... Read more
'Nabanna Abhijan' rally will be peaceful, says organiser Chhatra Samaj, Chhatrapati Shivaji Maharaj statue collapse: FIR filed against contractor Jaydeep Apte,Mark Zuckerberg was ‘pressured’ by Joe Biden to censor Facebook posts: ‘Was wrong’ Read more
Modi, Tusk elevate ties to strategic partnership between India & Poland, Kolkata rape-murder accused Sanjay Roy's psychoanalytic profile: 'Animal-like instinct, no remorse, per ... Read more
Modi, Tusk elevate ties to strategic partnership between India & Poland, Kolkata rape-murder accused Sanjay Roy's psychoanalytic profile: 'Animal-like instinct, no remorse, pervert', Neeraj Chopra steals Diamond League 2nd spot with comeback for the ages but screams in agony, winner Peters hugs him, Convicted drug dealer whose sentence was commuted by Trump charged with domestic violence, Stree 2 box office collection day 8: Rajkummar Rao, Shraddha Kapoor's horror-comedy makes shy of ₹300 crore in India Read more
Top news of the day: Death toll rises to 17 in reactor blast at Andhra's Anakapalli, Bengal Health Department Removes 3 Officials Of RG Kar Hospital, Novak Djokovic targets grand s ... Read more
Top news of the day: Death toll rises to 17 in reactor blast at Andhra's Anakapalli, Bengal Health Department Removes 3 Officials Of RG Kar Hospital, Novak Djokovic targets grand slam record at US Open, Sinner under drug testing cloud Read more
Maharashtra protest over sexual abuse of minors; Badlapur tracks blocked, In Kolkata Rape-Murder Case, Supreme Court Orders Removal Of Name, Photos, Videos Of Victim, PM Modi's Pol ... Read more
Maharashtra protest over sexual abuse of minors; Badlapur tracks blocked, In Kolkata Rape-Murder Case, Supreme Court Orders Removal Of Name, Photos, Videos Of Victim, PM Modi's Poland visit very important for us due to politics and business: European Parliament member Dariusz Jonski, ICC chairperson Greg Barclay to step down in November, Jennifer Lopez files for divorce from Ben Affleck after 2 years of marriage Read more
Kolkata rape-murder case LIVE updates: Centre ups security measures in hospitals amid protest,India's Modi to visit Ukraine on Aug. 23, weeks after rebuking Putin, Trump says he ma ... Read more
Kolkata rape-murder case LIVE updates: Centre ups security measures in hospitals amid protest,India's Modi to visit Ukraine on Aug. 23, weeks after rebuking Putin, Trump says he may end EV tax credit; is open to naming Elon Musk as an adviser, Injured Messi out of Argentina's squad for World Cup qualifiers against Chile and Colombia, Zoe Kravitz makes film debut with power trip thriller Blink Twice Read more
Communal tensions erupt in Udaipur over stabbing in school; cars burnt, This is worth more than 1,000 Gold medals': Vinesh Phogat overwhelmed by grand welcome in Delhi after Paris ... Read more
Communal tensions erupt in Udaipur over stabbing in school; cars burnt, This is worth more than 1,000 Gold medals': Vinesh Phogat overwhelmed by grand welcome in Delhi after Paris heartbreak, Stage set for polls in Jammu and Kashmir, Haryana; results on October 4,IMA demands overhaul of working and living conditions of resident doctors Read more
