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Middle East which could disrupt oil supplies, after reports that the U.S military had struck Iranian targets in Syria. Brent crude futures for December rose 93 cents or roughly 1.1%, to $88.86 a barrel by 1254 GMT.

By Natalie Grover

UN warned Friday that «many more will die» in Gaza from catastrophic shortages after nearly three weeks of bombardment by Israel in response to Hamas staging the deadliest attack in its history. As the conflict raged into its 21st day, the Israeli army said its soldiers backed by fighter jets and drones mounted a land incursion into the Gaza Strip, as it prepares for a ground offensive. Concern is growing about regional fallout from the conflict, with the United States warning Iran against escalation while striking facilities in Syria it says were used by Iran's Islamic Revolutionary Guard Corps and others. Israel has heavily bombarded Gaza since Hamas gunmen stormed across the border on October 7, killing 1,400 people, mostly civilians, kidnapping more than 220 others, according to Israeli officials. The health ministry in the Hamas-run Gaza Strip says the strikes have killed more than 7,000 people, mainly civilians and many of them children, leading to growing calls for protection of innocents caught up in the conflict. «People in Gaza are dying, they are not only dying from bombs and strikes, soon many more will die from the consequences of (the) siege imposed on the Gaza Strip,» Philippe Lazzarini, head of the UN agency for Palestinian refugees (UNRWA), told reporters in Jerusalem. Israel has cut supplies of food, water and power to Gaza, notably blocking all deliveries of fuel saying it would be exploited by Hamas to manufacture weapons and explosives. «Basic services are crumbling, medicine is running out, food and water are running out, the streets of Gaza have started overflowing with sewage,» he said of the devastated territory where around 45 percent of all housing has been damaged or destroyed,

Have Indian equity markets decoupled? While the global equity markets have faced challenges, with declines of average 2.37% in last six months as against Nifty Fifty returns of 11.5%, India has managed to buck the trend and gain ground. The resilience and strength displayed by the Indian equity markets have led some to believe that they have decoupled from global trends.

Joe Biden administration's determination to maintain a delicate balance. In an effort to prevent further aggression, which might be sparked by Israel's fight against Hamas, the United States wants to take maximum action against Iranian-backed organisations that it believes are aiming at the country. At the same time, it wants to avoid escalating the situation and starting a larger conflict, AP added.

Also Read: Israel releases 'never-before-seen' video of IDF soldiers killing Hamas militants and saving hostages | Watch 5. A rocket launched in the Israel-Hamas conflict struck an Egyptian town on the border with Israel on Thursday, resulting in five people sustaining injuries, as reported AFP citing local media. 6.

Iran's Foreign Minster Hossein Amirabdollahian warned at the United Nations on Thursday that if Israel's retaliation against Palestinian militants Hamas in the Gaza Strip doesn't end then the United States will «not be spared from this fire.» «I say frankly to the American statesmen, who are now managing the genocide in Palestine, that we do not welcome (an)expansion of the war in the region. But if the genocide in Gaza continues, they will not be spared from this fire,» he told a meeting of the 193-member General Assembly on the Middle East. Also Read: Biden warns Iran against targeting US troops in Middle East Israel has vowed to wipe out Hamas, which rules Gaza, in retaliation for an Oct.

Joe Biden has sent a rare message to Iranian Supreme Leader Ayatollah Ali Khamenei warning Tehran against targeting U.S. personnel in the Middle East, the White House said on Thursday after a spate of attacks on American forces in the region. «There was a direct message relayed,» White House spokesman John Kirby said at a news briefing, declining to elaborate. Iran's mission to the United Nations did not immediately respond to a request for comment. U.S. officials want to avoid a wider conflict in the Middle East following the Oct. 7 attack by the militant Hamas group on Israel that killed at least 1,400 people, mostly civilians. About 900 additional U.S. troops are headed to the region or have recently arrived there to bolster air defenses to protect U.S. personnel amid a surge in attacks in the region by Iran-affiliated groups, the Pentagon said.

India, Iran and Armenia has the potential to balance the Pakistan-Azerbaijan-Turkey axis, which has gained momentum with several engagements between Islamabad and Baku this year. The first India-Iran-Armenia trilateral aims to connect Armenia with India via Iran, ET has learnt. During a meeting in the Armenian capital Yerevan this April, the three sides discussed economic projects and regional communication channels, outlined the prospects of deepening cultural and people-to-people contacts as well as trilateral cooperation in various fields. The three countries had then decided to «continue consultations» in the format, sources recalled. The trilateral meeting also discussed the use of the International North-South Transport Corridor (INSTC) as a regional connectivity initiative. Armenia, whose ties with New Delhi are acquiring strategic dimensions, has proposed the Persian Gulf-Black Sea corridor via Iran parallel to INSTC or part of a new branch of INSTC to connect Indian traders with Russia and Europe, sources said. Given the extensive experience of Indian companies in taking part in large-scale infrastructure projects abroad and India's interest in launching the India-Europe transport corridor route via Iran and Georgia, Armenia plans to start negotiations with India to discuss the involvement of Indian funding and Indian companies into the project.

defence spending would boost the economy. “We can reap a genuine peace dividend this year and then year after year, in the form of permanently reduced defence budgets," he declared in 1992. The world took note.

A senior Armenian official visited Delhi recently and held discussions in this regard, said people with knowledge of the matter. India has emerged as a credible weapons supplier as per Armenia's requirements, they said. Details of fresh supplies are not known yet but the consignment could include equipment that would help to create a deterrence amid the conflict-like situation with Azerbaijan, according to observers in Armenia, who did not wish to be identified. The last consignment sent by India to Armenia included Pinaka multi-barrel rocket launchers, anti-tank missiles, rockets and ammunition.

By Patricia Zengerle

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Arthur Hayes, co-founder of crypto derivatives exchange BitMEX, believes the recent rally in the crypto market is not solely driven by anticipation of a spot Bitcoin (BTC) ETF. 

By Natalie Grover

Jaishankar on Wednesday embarked on a two-day visit to Kyrgystan to attend the 22nd meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of Government (CHG), to be held under the chairmanship of Kyrgyzstan, the Ministry of External Affairs said. The October 25-October 26 meeting in the Kyrgyz capital city of Bishkek will be attended by the heads of governments of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, the Vice-President of Iran, and the foreign ministers of India and Pakistan. «In Bishkek, the external affairs minister will also meet with his counterparts from other SCO member states and call on the country's top leadership,» the MEA statement read. SCO observer States including Belarus and Mongolia as well as guest state Turkmenistan will also attend the meeting. The CHG is the second-highest forum in SCO.

Qatar Airways’ outspoken chief executive, Akbar Al Baker, will leave the airline after 27 years, sparking hopes that his replacement could strike a more conciliatory tone in Canberra.

NEW DELHI : The Union government has decided to cut the minimum export price (MEP) it set for basmati rice, a person aware of the development said, following complaints by traders that overseas shipments had become unviable. The government, which imposed a floor price of $1200 a tonne for overseas shipments in August to cool domestic prices, approved a decision to reduce it to $950 a tonne in a meeting late on Monday evening, the person cited above said. The decision is yet to be notified.

Israel’s war with Hamas may become a wider Middle East conflagration are flashing ominously. America has sent a second carrier strike group led by the USS Eisenhower to the Persian Gulf. “There’s a likelihood of escalation," said Antony Blinken, the American secretary of state, on October 22nd.

basmati rice exports, government and industry sources said on Tuesday, after farmers and exporters complained it was damaging trade. The government is likely to bring down the floor price, or minimum export price (MEP) for basmati rice, to $950 per metric ton from $1,200 a metric ton, said the sources, who did not wish to be named because the decision has not been made public. India imposed a $1,200 per ton MEP on basmati rice shipments in August to keep a lid on local prices ahead of key state elections.

Prachi Yadav clinched a gold medal in the Canoe women's KL2 event to ensure the flurry of medals continued in the ongoing 4th Asian Para Games on Tuesday. After bagging a silver on Day 1 in the women's VL2 final, she topped the women's KL2 event with a timing of 54.962s. China's Shanshan Wang took away the silver medal with a timing of 55.674s.