Israel Financial News

Israel's army relentlessly hammered Gaza on Saturday after fierce overnight bombardment that rescuers said destroyed hundreds of buildings three weeks into a war sparked by the deadliest attack in the country's history. Turkey's Recep Tayyip Erdogan urged Israel to halt the attacks, while the families of Israeli hostages held by Hamas said they had been snubbed by the government when asking about their fate. 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 health ministry in the Hamas-run 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 from the Palestinian territory in 2005. The latest Israeli strikes against Hamas, the Islamist group that has ruled Gaza since 2007, were the most intense since the war broke out.

United Nations resolution calling for a truce in Gaza is «shocking» and shows that it is shaping its foreign policy as «a subordinate ally of US imperialism,» the CPI(M) and the CPI said in a joint statement on Saturday. The CPI(M) said it will hold a protest on Sunday at its AKG Bhawan office to express solidarity with Palestine.

X (formerly Twitter), Telegram and others to either fix their content moderation algorithms or face action Israel-based social threat intelligence firm Cyabra found that from over 162,000 profiles engaged in conversations about Hamas's attacks, 25 per cent — more than 40,000 profiles — were fake.

Piyush Goyal on Saturday urged the countries participating in the G7 trade ministers meeting to enhance collaboration on a regulatory framework to facilitate cross border trade. The Group of Seven (G7) trade ministers meeting was held in Osaka, Japan. Under its G7 presidency this year, Japan has invited India, along with a few other invitee countries (Australia, Chile, Indonesia, and Kenya) to participate in the outreach programme held on October 28.

Amidst the tumult of global markets reacting to the Israel-Hamas conflict, Bitcoin stands resilient. As of Saturday, the premier cryptocurrency is trading at $34,126, marking a modest increase of nearly 0.10%. This stability in the face of geopolitical unrest emphasizes Bitcoin’s growing role as a potential hedge against traditional market volatility.

Al Jazeera on Friday. As the world focuses on the violence unleashed in Israel and Hamas-controlled Gaza, Shtayyeh's comments shed light on what he described as a "very dangerous situation" in the West Bank. His statement came amid the ongoing war between the Palestinian military group Hamas and Israel.

Israel Defence Forces (IDF) on Saturday said it has killed Rateb Abu Sahiban, the commander of Hamas' naval forces within the Gaza City Brigade in a targeted overnight airstrike. This operation came in response to his involvement in planning and leading a Hamas infiltration attempt via the sea on October 24, which was thwarted by Israeli Navy forces. The IDF has also shared footage of the overnight strike on social media platform, X. «The Air Force eliminated Ratab Abu Tshaiban, the commander of the naval force of the Gaza Brigade, at the end of a joint intelligence effort by the Navy, Air Force, Amman and Shin Bet.

Hamas militant group. Military spokesperson Daniel Hagari said Israeli forces were still «in the field», without elaborating. Hagari also said they were «broadening the humanitarian effort» on Saturday and would allow trucks carrying food, water and medicine to enter southern Gaza. Israel's military targeted Hamas commanders overnight, including leaders of the group's naval and aerial forces, which Hagari said would allow «forces on the ground to fight against a weaker enemy».

Your govt bestowed him with Padma Vibhushan': Sanjay Raut slams PM Modi for criticizing Sharad Pawar's achievements Pawar also claimed that the fear of losing power might have pushed the PM to make such comments. "He (PM) was there to seek Darshan of Sai Baba in Shirdi, what was the need to take Darshan of Sharad Pawar there? If you see the nationwide picture, there are a lot of states where the BJP is not in power or either their government has come after some sabotage in other parties. And wherever there is a BJP government, they are on weak foot.

United Nations resolution on the Israel-Hamas conflict, saying that watching in silence thousands of Palestinians being annihilated goes against what New Delhi has stood for. In a post on X (formerly Twitter), Priyanka Gandhi wrote, “I am shocked and ashamed that our country has abstained from voting for a ceasefire in Gaza.

Israel intensified its bombardment of the Gaza Strip. Wearing black T-shirts saying «Jews say cease-fire now» and «Not in our name,» at least 200 of the demonstrators were detained by New York Police Department officers and led out of the train station, their hands zip-tied behind their backs. The NYPD said the protesters were taken briefly into custody, issued summonses and released, and that a more exact number of detentions would be available Saturday morning.

Israel Defence Forces (IDF) said that their overnight ground operation in the Gaza Strip involved clashes between troops and Hamas terrorists, The Times of Israel reported. No soldiers were reported injured during these confrontations. The IDF believes that they managed to eliminate several Hamas terrorists in the raid and also destroyed infrastructure belonging to the terrorist group. As of now, IDF infantry, combat engineering forces, and tanks remain inside the Gaza Strip, indicating that the ground operation is ongoing.

FII DII data: Despite trend reversal on Dalal Street during Friday deals, foreign institutional investors (FIIs) continued to remain net sellers on Friday last week. The FIIs sold out Indian stocks worth near ₹1500 crore on last session of the week gone by. On 27th October 2023, FIIs sold out Indian stocks to the tune of ₹10,860 crore whereas they bought shares worth ₹9,360 crore on Friday.

'Rotten mindset': Piyush Goyal slams Sharad Pawar over 'preposterous' remarks on Israel-Hamas clash This week Prime Minister Modi targeted Pawar by saying some people from Maharashtra only did politics in the name of farmers who had to depend on middlemen to get money from the sale of their produce. Pawar, the founder of the NCP party, handled the agriculture portfolio during the UPA government. “Those doing politics of vote in the name of farmers have made you yearn for every drop of water.

Israel, escalating a rhetorical back-and-forth that has stoked fears the Israeli conflict with Hamas will spread into a wider regional war. Foreign Minister Hossein Amirabdollahian declined to detail the consequences Iran might have in store.

United Nations General Assembly after abstaining from the resolution on the Israel-Hamas war. The United Nations General Assembly on Friday adopted a resolution calling for an “immediate, durable and sustained humanitarian truce" between Israel and Hamas terrorists in Gaza. However, India has abstained from a call for the protection of civilians and upholds legal and humanitarian obligations.

X, introduced two new subscription plans on October 28, according to a post by Elon Musk, underlining the features of the subscription. One is a 'Premium+' tier priced at $16 per month and the other, is a 'Basic' tier costing $3 per month.

Gold rate today: On account of Israel-Hamas war fueling global uncertainties, spot gold price hit $2,000 levels on Friday and closed at 2,006 per ounce levels. Gold future contract on Multi Commodity Exchange (MCX) for December 2023 expiry surged ₹308 per gm and ended at ₹61,260 levels on Friday.

The Wall Street Journal (WSJ) has partially corrected an article whic mischaracterized the extent to which Hamas and other militant groups have been funding its terrorism activities with cryptocurrencies.

UNGA calls for immediate truce between Israel and Hamas in Gaza, India abstains Also read: Hamas says internet, communications cut across Gaza after intense Israeli strikes "Exciting news! Mint is now on WhatsApp Channels

export licenses for most civilian firearms and ammunition for 90 days for all non-governmental users, the Commerce Department said on Friday, citing national security and foreign policy interests. The Commerce Department did not provide further details for the pause, which also includes shotguns and optical sights, but said an urgent review will assess the «risk of firearms being diverted to entities or activities that promote regional instability, violate human rights, or fuel criminal activities.» The Commerce Department declined to comment beyond the posting on its website. The halt covers most of the guns and ammunition that could be purchased in a U.S. gun store, said Johanna Reeves, a lawyer who specializes in export controls and firearms with the law firm Reeves & Dola in Washington. Reeves said she had not seen the Commerce Department take such a sweeping action like this before.