Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.
The MEA had said there are certain "technicalities involved" in the return of the remaining 16 Indian crew members.
Any curious mind, the court observed, can access and download such content from the internet, which, by itself, is not a crime.
A retired Indian colonel working with the United Nations was killed in Gaza when the vehicle he was travelling in came under attack in strife-torn Rafah, the 'first international' casualty for the world body since the start of the Israel-Hamas conflict.
India on Friday described a United States State Department report citing alleged incidents of human rights violations including in Manipur as 'deeply biased' and said it reflects a poor understanding of India and it attach no value to it.
India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.
India has voiced hope that Palestine's bid to become a full member of the United Nations, which was blocked by the United States last month, will be reconsidered and its endeavour to become a member of the world organisation will get endorsed.
The United States Secretary of State Antony Blinken is expected to impose sanctions on the 'Netzah Yehudah' (Judah Forever) Battalion of the Israel Defence Forces (IDF) over allegations that its members committed human rights violations.
Worries related to the Iran-Israel conflict, quarterly earnings and foreign investors' trading activity are the key factors that would dictate stock markets this week, analysts said. Besides, trends in Brent crude oil and movement of the rupee against the dollar will also be crucial factors. This week will be crucial for the market amid ongoing worries about the conflict between Iran and Israel, said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.
The Palestinian ministry of health said that they have found a number of bodies and injured people from the camp, as the IDF has partially withdrawn from the area.
However, the reason behind the explosions is not known as yet.
Escalation of the conflict in West Asia between Israel and Iran has had a direct impact on the energy markets, and more broadly on the financial markets as well as the global economy.
From the Sensex basket, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, JSW Steel, Maruti, Wipro, Bharti Airtel, Bajaj Finserv, ICICI Bank and ITC were the major gainers. Nestle India, HCL Technologies, Larsen & Toubro, Tata Consultancy Services, Tata Motors and Infosys were among the laggards.
Gold is an excellent asset class for diversification and should be included in all long-term portfolios.
From the Sensex basket, Infosys, IndusInd Bank, Bajaj Finserv, Wipro, HCL Technologies, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, and Larsen & Toubro were the major laggards. Titan Company, Hindustan Unilever, HDFC Bank, Maruti, ITC, Power Grid and Reliance Industries were the gainers.
The father said that he has not received any updates from the state or the Central governments regarding his daughter's current status.
Official sources in India said it is in touch with Iran to secure the release of 17 Indians.
Taking a dig at Pakistan without naming it, Prime Minister Narendra Modi on Friday said a country which was a supplier of aatank (terror) is struggling for aata (flour) these days.
Geopolitical events, macroeconomic data and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said. Stock markets will remain closed on Wednesday for Ram Navami. "This week promises to be crucial for the market as fresh worries about a potential conflict between Iran and Israel emerge.
At the airport, Joseph was received by the regional passport officer.
The increase in India's military spending was "mainly a result of growing personnel and operations costs" which made up almost 80 percent of the total military budget in 2023, the SIPRI report claimed.
Sources are in touch with Iranian authorities through diplomatic channels, both in Tehran and in Delhi.
Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.
'2019 was fought on delivery. But in 2024, you can see the before and after effects.'
Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, analysts said on the Iran-Israel conflict. The Iran and Israel conflict has escalated over the last few days. Iran first launched drone and rocket attacks on Israel, which retaliated by firing a missile. Crude oil prices have hovered around USD 90 per barrel since the conflict.
'Through the blood of the martyrs and the pain of the injured, we create hope, we create the future, we create independence and freedom for our people and our nation'
From the Sensex basket, Tata Motors, State Bank of India, Tata Steel, Power Grid, NTPC, Bajaj Finserv, Bajaj Finance and Asian Paints were the major laggards.
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.
Following the conflict, Israel has banned the entry of Palestinian workers. The departure of several thousand other foreign workers, the Israeli construction industry has been facing a deep crisis.
With an urge to get employment, thousands of workers from across the country boarded trains to Lucknow to try their luck in the recruitment drive taking place in Lucknow, to work in war-torned Israel.
Although the credit for acquiring the technological skill must be given to India's outstanding nuclear scientists, the decision to go nuclear was a political one that entailed clarity of vision, courage and resolve, points out Rup Narayan Das.
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
The United States has vetoed a resolution in the UN Security Council on the latest Palestinian bid to be granted full membership of the United Nations, an outcome lauded by Israel but criticised by Palestine as 'unfair, immoral, and unjustified'.
Israeli Prime Minister Benjamin Netanyahu marked 100 days of Israel's war against Hamas in the Gaza Strip on Saturday night by reiterating his vow to continue fighting until the Palestinian terror group is defeated.
India abstained on the resolution, along with France, Japan, Netherlands, and Romania among others. Those voting against the resolution included Argentina, Bulgaria, Germany and the US.
Kamboj said the ongoing conflict between Israel and Hamas has led to a large-scale loss of civilian lives, especially women and children.
...Even if it means less democracy, so that their everyday problems get solved? argues R Jagannathan.
He stated that what transpired on October 7 was a 'terrorist attack' but also acknowledged, in reference to the Israeli counteroffensive in Gaza, that every response must take into account something called international humanitarian law.
Its callous perspective and comical treatment of a sensitive matter makes a complete hash of things, asserts Sukanya Verma.
Police suspect that one of the persons who visited the blast site at the Prithviraj Road two hours prior to the incident had come from Jamia Nagar in southeast Delhi.
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