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coastal enclave stopped working. Rumours soon spread that Israel had begun a ground invasion of the territory. A terse statement from the army confirmed that ground operations were “expanding" but offered no other details.

US Federal Reserve may once again choose to hold it at the 5.25-5.5% range for the second successive time in its upcoming decision on 1 November. While inflation has nearly halved since October last year, Fed Chair Jerome Powell has said it is still “too high" and the aim is to bring it down to the 2% target level. Since its last meeting in September, Fed officials have indicated a policy of ‘higher-for-longer’ interest rate regime, which means a cut is unlikely to happen anytime soon.

Narendra Modi early this year calling him "no democrat", had funneled more than $15 million for the past seven years to groups behind pro-Palestine protests. According to a report by the New York Post, a search of Open Society Foundations records shows Soros' grant-making network gave $13.7 million of the money through Tides Center, a left group that sponsored several nonprofits who have justified Hamas' bloody attack.

Israel-Hamas war on the world economy may take time to become apparent but it would worsen if it spread to the Middle East, notably Iran, a major oil producer and Hamas sponsor. The global economy would be affected by rising oil prices near $90. Further escalation of the conflict towards other Middle Eastern oil producers is concerning and requires careful monitoring, especially given the global economy's 'higher for longer' interest rate scenario.

Gaza's largest hospital, which is packed with patients and tens of thousands of Palestinians seeking shelter. Israel has said Gaza's militant Hamas rulers have a command post under the hospital, without providing much evidence. The strikes came a day after Israeli Prime Minister Benjamin Netanyahu announced a “second stage” in Israel's war on Hamas, three weeks after Hamas launched a brutal incursion into Israel Oct.

Israel Defence Force (IDF) on Sunday said that they were heading towards a new phase of the ongoing war on Hamas and will launch an assault from land, sea and air in Gaza. «The Israel Defence Forces is expanding its operations. We are moving to the next phase of our war against Hamas, Gaza from the air, land and Sea. On October 7, the Hamas committed a crime against humanity.

inflation picked up along with consumer spending as the third quarter drew to a close, government figures showed ahead of the Federal Reserve’s penultimate policy meeting of the year. Consumer price growth also gathered pace in Tokyo, an indicator of nationwide inflation. Bank of Japan officials also meet next week, as do Bank of England policymakers.

Jehovah's Witnesses in the Kalamassery area of Kerala's Kochi on Sunday morning, police said, reported agencies. Kalamassery CI Vibin Das said the first explosion took place around 9 am and multiple blasts followed thereafter, over the next one hour. The three-day meeting, which commenced on October 27, concluded on Sunday. According to officials, more than 2,000 people were attending the prayer meeting when the blasts took place. The incident occurred one day after Khaled Mashal, the former leader of the Hamas militant group, delivered a virtual address at a pro-Palestine protest during the Israeli military offensive in Gaza. Reacting to the participation of the Hamas leader in the protest on Saturday, Israel's ambassador to India, Naor Gilon, posted from his X handle, «Mashal calls participants to: Take the streets and show anger, prepare for jihad (against Israel), support Hamas financially, promote Palestinian narrative on social media, it's time to add #HamasISIS to #India's terror list.» Further details are awaited.

Gaza to move to the south of the besieged territory, where it said humanitarian efforts «will be expanding». «Civilians in northern Gaza and Gaza City should temporarily move south of Wadi Gaza to a safer area where they can receive water, food and medicine,» IDF spokesperson Daniel Hagari said in a statement recorded on Saturday. «Tomorrow, the humanitarian efforts to Gaza, led by Egypt and the United States, will be expanding,» he added. Although the video was posted on X, formerly Twitter, early Sunday morning, another IDF spokesperson told AFP that the video had been recorded on Saturday, and confirmed the humanitarian efforts would be expanding on Sunday. Israel unleashed a massive bombing campaign after Hamas gunmen stormed across the Gaza border on October 7, killing 1,400 people, mostly civilians, and seizing 230 hostages, according to Israeli officials. Since then, relentless Israeli strikes on Gaza have killed more than 8,000 people, half of them children, the Hamas-controlled health ministry in the territory said Saturday. Despite increasingly frantic appeals for an end to the violence, Israel says it is intensifying its ground operations, while continuing to pummel Gaza from the sky. Hamas authorities reported Sunday a «large number» of people killed overnight in strikes on two refugee camps in northern Gaza. Israel's Home Front Command earlier warned residents in the southern cities of Ashdod and Ashkelon of incoming missile and rocket attacks.

pro-Palestine rally in Kerala, saying it was time to add Hamas to India's terror list. In a post on X (formerly Twitter), the Israeli envoy wrote, “Unbelievable! #HamasTerrorist Khaled Mashal speaks from Qatar in a #Kerala event under the slogan ‘Uproot bulldozer Hindutva & Apartheid Zionism’." "Mashal calls participants to: Take the streets and show anger, prepare for jihad (on Israel), support Hamas financially, promote Palestinian narrative on social media, it's time to add #HamasISIS also to #India's terror list," he further said. Mashal virtually attended the event which was organized by Solidarity Youth Movement, the youth wing of the Jamaat-e-Islami in Kerala.

Read more The shareholders of Reliance Industries (RIL) have approved the appointment of Isha Ambani, Akash Ambani and Anant Ambani to the board as non-executive directors. The resolutions were passed through postal ballot. Read more Honasa Consumer, which operates Mamaearth, will launch its three-day initial public offering (IPO) on 31 October, according to its draft prospectus.

Hamas chief Khaled Mashal at a pro-Palestine rally in Kerala, Israel's ambassador to India Naor Gilon said it was time to add Hamas to India's terror list. «Unbelievable! #HamasTerrorist Khaled Mashal speaks from Qatar in a #Kerala event under the slogan 'Uproot bulldozer Hindutva & Apartheid Zionism',» the Israeli envoy posted from his official handle on 'X'. «Mashal calls participants to: Take the streets and show anger, prepare for jihad (on Israel), support Hamas financially, promote Palestinian narrative on social media, it's time to add #HamasISIS also to #India's terror list,» he posted further. Mashal virtually addressed the event, which was organised by Solidarity Youth Movement, the youth wing of the Jamaat-e-Islami in Kerala. The former Hamas chief addressed the gathering in Arabic. Responding to the pro-Palestine protest and Mashal's virtual address, the BJP's vice president in Kerala, VT Rema, said a «group of Islamic terrorists» laid bare «their real mindset» in a secular India. «I was shocked to learn of this protest. It was deplorable and extremely unfortunate that a group of Islamic terrorists, inhabiting a secular country, and our southernmost state Kerala, laid bare their real mindset so blatantly.

economic stimulus measures in China. The US dollar saw a boost from a combination of lackluster corporate earnings, safe-haven demand, and signs of the US economy's resilience. Notably, the US economy posted robust annualized growth of 4.9% in Q3 2023, despite higher interest rates. Core PCE prices and personal spending further reinforced the notion of sustained economic strength. As a result, the greenback reached a three-week high, trading at 106.89.

Nifty50 ended with weekly declines of 2.5% amid the Israel-Hamas conflict, higher bond yields and the ongoing earnings season. Amid a host of important domestic and global events lined up during this week, know what lies ahead for the stock markets. After relentless selling in recent days, Nifty has temporarily paused its decline due to an oversold chart setup, Rupak De, Senior Technical analyst at LKP Securities said, adding that the index closed significantly below the critical breakdown level of 19,250.

China has stepped up efforts to pitch itself as a neutral broker for Mideast peace. China's top diplomat called his Israeli and Palestinian counterparts Monday, urging restraint. A Chinese envoy is traveling in the Middle East, pledging to help avert a wider war. At the United Nations on Wednesday, China vetoed a resolution on the war that did not call for a cease-fire.

internet service abruptly vanished for most of Gaza amid a heavy Israeli bombardment, the crowded enclave was coming back online Sunday as communications systems were gradually being restored. That's a welcome development for Gaza following a communications blackout that began late Friday as Israel expanded ground operations and launched intense airstrikes that illuminated the night sky with furious orange flashes. A rare few Palestinians with international SIM cards or satellite phones took it upon themselves to get the news out. By Sunday morning, though, phone and internet communications had been restored to many people in Gaza, according to telecommunications providers in the area, Internet-access advocacy group NetBlocks.org and confirmation on the ground. After weeks of a total Israeli siege, Palestinians in Gaza felt the vise tightening.

Elon Musk said on Saturday that SpaceX's Starlink will support communication links in Gaza with «internationally recognized aid organizations», prompting Israel's communication minister to say Israel would fight the move. Musk said in a post on social media platform X that it was not clear who has authority for ground links in Gaza, but we do know that «no terminal has requested a connection in that area».

Narendra Modi has spoken with Egyptian President Abdel Fattah El-Sisi and exchanged views on the deteriorating security and humanitarian situation in West Asia. After his telephonic conversation with Sisi, Modi said that «we share concerns regarding terrorism, violence and loss of civilian lives».

Trump used a speech to a Republican Jewish convention Saturday to promise reimposition of a controversial travel ban that targeted a slew of mostly Muslim countries if he gets re-elected. «We will keep radical Islamic terrorists the hell out of our country,» Trump told the audience attending the annual summit of the Republican Jewish Coalition. «You remember the travel ban? On day one I will restore our travel ban.» At the start of his presidency in 2017, Trump imposed sweeping restrictions on the entry of travelers from Iran, Libya, Somalia, Syria, Yemen and, initially, Iraq and Sudan.

Netanyahu told the nation Saturday night that the military has opened a «second stage» in the war against Hamas by sending ground forces into Gaza and expanding attacks from the ground, air and sea. Casting the war as a fight for his country's very survival, he warned that the assault would intensify ahead of a broad ground invasion into the territory. «There are moments in which a nation faces two possibilities: to do or die,» Netanyahu said.

Narendra Modi dialed Egyptian President Abdel Fattah al-Sisi on the ongoing war between Israel and Hamas in Gaza. Sharing details of his conversations with the Egyptian President on his social media handle, PM Modi said both leaders shared concerns over the scourge of terrorism and the loss of civilian lives amid the ongoing Israel-Hamas conflict. Also read: PM Netanyahu says ‘do or die’ as Israel-Gaza war enters ‘long and difficult’ second stage "Yesterday, spoke with President @AlsisiOfficial.