Israel Financial News

Prime Minister Benjamin Netanyahu on Saturday night while warning 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. We now face that test and I have no doubt how it will end: We will be the victors.

Hamas in Gaza on Sunday in what Israeli Prime Minister Benjamin Netanyahu called the second phase of a three-week-old war aimed at crushing the Palestinian militant group. Gaza's besieged residents faced a near-total communications and Internet blackout as Israel's warplanes dropped bombs and its troops and armour pushed into the Hamas-ruled enclave, with Israeli military chiefs signalling they were gearing up for an expanded ground offensive. Speaking at a press conference in Tel Aviv on Saturday, Netanyahu warned Israelis to expect a «long and hard» campaign but stopped short of calling the current incursions an invasion. Some of U.S.

Gaza said early Sunday that more than 8,000 had been killed in the Palestinian territory since the start of the war with Israel on October 7. «The death toll linked to the Israeli aggression is past 8,000, half of whom are children,» the ministry told AFP.

Israeli military has intensified its attacks in the Gaza Strip, resulting in a significant disruption of internet and communication services. The military has opened a “second stage" in the war against Hamas. Israeli military aircraft carried out a series of intense nighttime airstrikes in northern Gaza, targeting around 150 underground facilities, according to an announcement by the army on Saturday.

Israel is expanding its ground operation in Gaza with infantry and armored vehicles backed by “massive” strikes from the air and sea.Rear Adm. Daniel Hagari said Saturday that “the forces are still on the ground and are continuing the war.”Earlier Saturday, the military had released videos showing columns of armored vehicles moving slowly in open sandy areas of Gaza — the first confirmation of ground troops — and said warplanes bombed dozens of Hamas tunnels and underground bunkers.Previously, troops had conducted brief nightly ground incursions before returning to Israel.The first visual confirmation of the presence of ground troops and the heavy bombardment of underground targets signals a further escalation in Israel’s campaign to crush the territory’s ruling militant group after its bloody incursion in southern Israel three weeks ago, and is a new sign that Israel is moving closer to an all-out invasion of Gaza.Late Friday, Israeli military spokesman Real Adm.

Israel-Gaza War News: Amid the ongoing war between Israel and Gaza, Tel Aviv on Saturday said that it was recalling its diplomatic staff from Turkey. The move comes after Turkey President Recep Tayyip Erdogan reiterated his remarks that Israel is an “occupier", and Hamas was “not a terrorist orgamisation". "Given the grave statements coming from Turkey, I have ordered the return of diplomatic representatives there in order to conduct a reevaluation of the relations between Israel and Turkey," Foreign Minister Eli Cohen said in a post on X, formerly Twitter.

Egypt's President Abdel Fattah al-Sisi on Saturday urged all to respect Egypt's sovereignty and position in the region following incidents on Friday where drones fell on two Egyptian Red Sea towns. Egyptians should feel safe and the army is able to protect the country, Sisi said at a manufacturing expo in Cairo.

Some observers on social media quickly dismissed it as an «AI-generated fake» — created using artificial intelligence tools that can produce photorealistic images with a few clicks.

BSE Sensex posted its worst weekly decline in one month, on a sharp spike in US bond yields, high crude oil prices, and concerns arising over the geopolitical risks of the ongoing Israel-Hamas war. Domestic equity benchmarks Nifty 50 and Sensex plunged sharply lower in the past week and lost more 2.5 per cent, the steepest such drop since the week ended September 22, mostly weighed by week global cues.

In many ways, Elon Musk is the world’s biggest doomsday prepper. The billionaire entrepreneur has made his fortune and reputation chasing a future bettered by technology. The flip side of his optimism is a fixation on worst-case scenarios he is determined to avoid.

Gaza Strip has become an indistinguishable wasteland of rubble, with residents likening the devastation to that of a natural disaster. The intense bombardments «changed the landscape», Mahmud Bassal, a spokesman for the Gaza Civil Defence told AFP of the damage. «Hundreds of buildings and houses were completely destroyed and thousands of other homes were damaged,» he added. The destruction followed an announcement from the Israeli military that its forces had expanded operations in Gaza, following three weeks of intense bombardments in the wake of the October 7 attacks by Hamas in southern Israel. More than 7,700 people have since been killed in retaliatory Israeli strikes on the Gaza Strip, including some 3,500 children, according to the territory's health ministry. They came after Hamas militants crossed the heavily fortified border to southern Israel, killing some 1,400 people, mostly civilians, according to Israeli officials. The Islamist group has also taken some 229 people to the Gaza Strip as captives, according to the army. Just hours before Israel intensified its bombardment on Friday night, army spokesman Daniel Hagari accused Hamas fighters of waging war on Israel from Gaza's hospitals and using civilians as «human shields». In Shati refugee camp on the outskirts of Gaza City, widespread damage was visible. «What happened in Shati is worse than an earthquake,» camp resident Alaa Mahdi, 51, told AFP. «There was bombing from everywhere, the navy, artillery and the planes,» he continued.

Elon Musk recently announced he would provide connectivity support to internationally recognized humanitarian organizations operating in Gaza through his satellite communication system, Starlink. He stated on the social media platform known as X (formerly Twitter) in response to a statement from the U.S. Representative Alexandria Ocasio-Cortez. She had raised concerns about the communication blackout in Gaza. Following the extensive Israeli military operations, including airstrikes and ground incursions, aid organizations faced significant challenges. They reported a breakdown in phone and internet services, hampering their ability to maintain contact with their teams operating in the Gaza Strip. Following the Russian invasion of Ukraine in February 2022, Starlink, under the management of SpaceX, Elon Musk's company, was rapidly established within Ukraine. This communication network, essential for advanced military personnel operating in regions with impaired communication infrastructure, became an important asset for Kyiv in the field of battle.

Hamas for its terrorist attack and the Assembly rejected an amendment supported by New Delhi that would have named the terror group. During this special session, the UNGA adopted a new resolution, calling for an «immediate, durable, and sustained humanitarian truce» between the Israeli troops and the Hamas militants in Gaza. The newly adopted resolution which was initially moved ahead by Jordan, it did not contain any explicit condemnation of the terrorist attacks on 7th October but an amendment was introduced to include this condemnation before the main Resolution's vote.

Israel said on Saturday its war with Hamas had «entered a new phase» as the army relentlessly pounded Gaza three weeks into a conflict sparked by the deadliest attack in the country's history. The United Nations warned thousands more civilians could die as Israel escalated ground operations in the Hamas-run Palestinian territory, where rescuers said fierce overnight bombardment destroyed hundreds of buildings. Israel unleashed its bombing campaign after Hamas gunmen stormed across the Gaza border on October 7, killing 1,400 people, mostly civilians, and seizing more than 220 hostages, according to Israeli officials. The Hamas-controlled health ministry in Gaza said Israeli strikes had killed 7,703 people, mainly civilians, with more than 3,500 of them children. The conflict is the fifth and deadliest in Gaza since Israel unilaterally withdrew troops and settlers from the Palestinian territory in 2005. UN human rights chief Volker Turk warned of «the possibly catastrophic consequences of large-scale ground operations in Gaza», saying «thousands more civilians» could die. The intense Israeli strikes against Hamas, the Islamist group that has ruled Gaza since 2007, coincided with ground operations and came as tens of thousands of troops massed along the Gaza border ahead of an expected full-blown invasion. Israeli forces also made limited ground incursions on Wednesday and Thursday. «We've entered a new phase in the war,» Israeli Defence Minister Yoav Gallant said in a video on Saturday. «Last night, the ground in Gaza shook. We attacked above the ground and below the ground.

₹7,153 per bbl, having swung between ₹6,932 and ₹7,154 per bbl during the session so far, against a previous close of ₹6,945 per barrel. Also Read: Crude oil deficit to high inflation: How can the Israel-Hamas war impact Indian economy? — Explained -Israeli air and ground forces were stepping up operations in the Gaza Strip amid reports of heavy bombing of the besieged enclave. Several countries, including many Arab states, have urged Israel to delay a planned ground invasion that would multiply civilian casualties and might ignite a wider conflict.

₹20,356 crore worth of Indian equities and offloaded a total of ₹14,561 crore as of October 27, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The ₹20,356 crore-figure also includes bulk deals and investment in primary market. The selling by FPIs through exchanges has been higher at ₹25,575 crore, according to NSDL data.

when we find them, we will let them go," he said, as per news agency AFP. Follow Israel Hamas LIVE Updates On the question of release of the hostages, the Hamas representative said, "About the peaceful citizens that were taken and that are now in Gaza, we treat them as guests. While referring to the Russian-Israelis, he added that Hamas will free them as soon as the conditions are met.

Israel-Palestine war: The war between Israel and Hamas on the densely populated Gaza Strip has entered its third week. Over 7,700 Palestinians have died in Gaza, while 1,400 lost their lives in Israel.

Balloons of Hope: Bring the Hostages Home" campaign. The embassy said that the balloons were a display of solidarity with the families of those held hostage by Hamas since the October 7 assault.

Elon Musk has offered internet support to war-hit Gaza after an Israeli offensive led to the shutdown of all communications. The development came as Israel expanded its ground operation in the Hamas-led region with massive strikes from the air and sea. According to the update shared on X (nee Twitter), Starlink will help restore connectivity to the UN and other internationally recognised aid groups operating in the narrow strip.

Israel on Saturday expanded its ground operation in Gaza with infantry and armoured vehicles backed by massive strikes from the air and sea, including the bombing of Hamas tunnels — a key target in its campaign to crush the territory's ruling group after its bloody incursion in Israel three weeks ago. The bombardment, described by Gaza residents as the most intense of the war, also knocked out most communications in Gaza. This largely cut off the besieged enclave's 2.3 million people from the world, while enabling the Israeli military to control the narrative in a new stage of fighting.