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.
Our govt's priority isn't vote bank it's development: PM in Karnataka, Babita Phogat meets protesting wrestlers in Delhi, SC reserves order on bail plea of Union Minister Ajay Mish ... Read more
Our govt's priority isn't vote bank it's development: PM in Karnataka, Babita Phogat meets protesting wrestlers in Delhi, SC reserves order on bail plea of Union Minister Ajay Mishra’s son Ashish Mishra and other top news in this bulletin. Read more
Jacinda Ardern shocks New Zealand, says stepping down as PM, PM Modi in poll-bound Karnataka, Maharashtra today: Projects to be inaugurated, Shubham Gill scores 208 as India beats ... Read more
Jacinda Ardern shocks New Zealand, says stepping down as PM, PM Modi in poll-bound Karnataka, Maharashtra today: Projects to be inaugurated, Shubham Gill scores 208 as India beats New Zealand by 12 runs and other top news in this bulletin. Read more
‘Erroneous and far-fetched’: Governor Ravi's clarification over 'Tamizhagam' row, Ukraine interior minister, 3 children among 18 killed in Kyiv helicopter crash, Car hits, kills II ... Read more
‘Erroneous and far-fetched’: Governor Ravi's clarification over 'Tamizhagam' row, Ukraine interior minister, 3 children among 18 killed in Kyiv helicopter crash, Car hits, kills IIT Delhi PhD scholar, friend seriously injured and other top news in this bulletin. Read more
'Refrain from unnecessary remarks on movies': PM Modi to BJP leaders, Right to die with dignity: Supreme Court pushes to untangle process, Microsoft to lay off thousands of employ ... Read more
'Refrain from unnecessary remarks on movies': PM Modi to BJP leaders, Right to die with dignity: Supreme Court pushes to untangle process, Microsoft to lay off thousands of employees today and other top news in this bulletin. Read more
Man attempts to hug Rahul Gandhi during Bhart Jodo Yatra, BJP's Anup Gupta elected as new Mayor of Chandigarh, defeats AAP rival, Pak PM Sharif offers to hold talks with India, ask ... Read more
Man attempts to hug Rahul Gandhi during Bhart Jodo Yatra, BJP's Anup Gupta elected as new Mayor of Chandigarh, defeats AAP rival, Pak PM Sharif offers to hold talks with India, asks UAE to mediate and other top news in this bulletin. Read more
Families of 5 Indians head to Nepal to collect remains, Cold wave in northwest India likely to abate from January 19, Pakistan's Abdul Rehman Makki listed as global terrorist by U ... Read more
Families of 5 Indians head to Nepal to collect remains, Cold wave in northwest India likely to abate from January 19, Pakistan's Abdul Rehman Makki listed as global terrorist by UNSC and other top news in this bulletin. Read more
PM Modi holds mega roadshow in Delhi ahead of key BJP meet, Centre writes to CJI to set up search panel for judicial appointments, Bhushan Kumar slams actors who charge ₹20-25 cr, ... Read more
PM Modi holds mega roadshow in Delhi ahead of key BJP meet, Centre writes to CJI to set up search panel for judicial appointments, Bhushan Kumar slams actors who charge ₹20-25 cr, says he is done pampering them and other top news in this bulletin. Read more
At least 68 killed in Nepal's worst air crash in three decades, Tejashwi Yadav claims BJP conspiracy behind Ramcharitmanas row, India break record for largest win margin by runs, ... Read more
At least 68 killed in Nepal's worst air crash in three decades, Tejashwi Yadav claims BJP conspiracy behind Ramcharitmanas row, India break record for largest win margin by runs, beat Sri Lanka by 317 in 3rd ODI and other top news in this bulletin. Read more
Congress MP Santokh Chaudhary dies during Bharat Jodo Yatra in Punjab, Lakshadweep MP, serving 10-yr jail term, disqualified from Lok Sabha, Amit Shah hints at upscaling of securit ... Read more
Congress MP Santokh Chaudhary dies during Bharat Jodo Yatra in Punjab, Lakshadweep MP, serving 10-yr jail term, disqualified from Lok Sabha, Amit Shah hints at upscaling of security apparatus in J&K and other top news in this bulletin. Read more
Himachal govt reinstates old pension scheme, J&K security grid to be bolstered in 3 months, says Amit Shah. Shankar Mishra didn't pee on Air India flyer, woman urinated on hers ... Read more
Himachal govt reinstates old pension scheme, J&K security grid to be bolstered in 3 months, says Amit Shah. Shankar Mishra didn't pee on Air India flyer, woman urinated on herself: Lawyer and other top news in this bulletin. Read more