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Biden said NATO would meet on Friday to map out further measures.
Russia wants to control the Chernobyl nuclear reactor to signal NATO not to interfere militarily, the source said.
The government of India has said so far at least 4,000 of the 20,000 Indians in Ukraine have been evacuated.
On Thursday, Russia invaded Ukraine. Russian President Vladimir Putin stated that the 'aim of the special military operation was to protect Russia and demilitarise Ukraine'.
Dr Rajan Kumar, Associate Professor at the School of International Studies in Jawaharlal Nehru University, New Delhi, says that the current situation is very tense and volatile.
Gunfire rattled near the capital's main airport, the Interfax news agency said, and sirens were heard over the city.
Reacting to Putin's move, Biden said his Russian counterpart has chosen a 'premeditated war that will bring a catastrophic loss of life and human suffering'.
Putin warned other countries that any attempt to interfere with the Russian action would lead to consequences they have never seen.
The United States, the European Union, Canada and Britain announced plans to target banks and elites while Germany halted a major gas pipeline project from Russia, which they say has amassed more than 150,000 troops near Ukraine's borders.
With an estimated 150,000 Russian troops massed on three sides of Ukraine, the U.S. has warned that Moscow has already decided to invade.