Israel Financial News

Narendra Modi and Benjamin Netanyahu on Monday. Peace isn't just the right choice but the smart one for Israel — and Netanyahu. Hamas will have to release all remaining hostages and bodies of those who died in captivity.

Iran launched a barrage of ballistic missiles against Israel on Tuesday, the latest escalation between the two countries amid a widening conflict in the Middle East.“All Israeli civilians are in bomb shelters as rockets from Iran are fired at Israel,” the Israeli Defense Forces wrote on social media.Dozens of projectiles were shot down over Tel Aviv before they could hit any targets. It was not immediately clear who was responsible for intercepting the missiles. A series of explosions were heard in Tel Aviv and near Jerusalem.Air raid sirens could be heard across central Israel as residents were ordered to enter bomb shelters and await further instructions from officials.

Iran at Israel. Alarms sounded across the country and Israelis rushed for shelter. Reporters on state television lay flat on the ground during live broadcasts. Earlier, the military had announced that any ballistic missile strike from Iran was expected to be widespread and told the public to shelter in safe rooms in the event of an attack.

Indian embassy in Israel on Tuesday issued advisory for all the nationals to remain alert and safe amid the prevailing situation in the Middle Eastern country. The authorities have urged Indian nationals to stay 'vigilant' and 'adhere' to necessary safety protocols. In the fresh attacks, Israel's military on late Monday began what it called «limited, localised and targeted raids» against Hezbollah in south Lebanon's border areas.

«At least seven have been wounded at two different locations,» Eli Bin, the head of the Magen David Adom emergency medical service, reported, according to AFP. In a separate statement, Israel emergency service added that paramedics are administering medical treatment to several victims, some of whom are in critical condition and unconscious.

Benjamin Netanyahu is a very confident man these days after eliminating two prominent terror group leaders in a span of two months. After eliminating Hamas leader Ismail Haniyeh and lately Hezbollah chief Hassan Nasrallah, Netanyahu has warned Iranians that a regime change was imminent. After Israel killed Nasrallah and many of Hezbollah's top commanders, a senior spokesman for the Israeli Defence Forces (IDF) told a press conference that the nation could go anywhere to eliminate its enemies. That very day, Iran's supreme leader Ali Khamenei was moved to a highly fortified undisclosed location.

Bond yields and stocks tumbled while gold soared after the White House said there were indications Iran is preparing to attack Israel.

Subscribe to enjoy similar stories. Iran is preparing to launch a ballistic missile attack against Israel, a senior White House official said Tuesday, a significant escalation that threatens to spark an all-out war in the Middle East that the Biden administration has desperately tried to avoid. The expected barrage comes days after Israel killed Hezbollah leader Hassan Nasrallah and hours after the Israeli military confirmed a limited military operation inside Lebanon.

Iran's Ambassador to India, Dr Iraj Elahi, condemned Israel's classification of Hezbollah as a terrorist organisation, calling it a pretext for «massacre, bloodshed, and attacks on innocent civilians.» Elahi also emphasised that Hezbollah is a political party and not a terrorist group. The remarks by Elahi came on the death of Hezbollah leader Hassan Nasrallah in a strike carried out by Israel. While speaking with ANI, Elahi described the death of Nasrallah as a «big loss for all human beings in the world.» He said, «The martyrdom of Hassan Nasrallah as a great leader, great politician of Lebanon and well-known man in the world is not a small thing. It's a big loss for all human beings, not just for Muslims, not just for Shias, not just for Lebanese, for all our Arabs. It is a loss for all people in the world.»

This phase is largely focused on Jammu division where 24 seats will see voting while 16 are from the Kashmir valley. The fate of candidates like People’s Conference chief Sajad Lone, BJP’s Devender Rana, Lal Singh and Raman Bhalla (Congress), Engineer Rashid’s brother Sheikh Khurshid, among others, will be decided in this phase. Just ahead of the last phase, the killing of Hezbollah leader Hassan Nasrallah by Israel cast a shadow on the polls as PDP and some other parties suspended their election campaigns on Monday, the last day of campaigning for this phase, in protest against the killing of the Hezbollah leader.

Subscribe to enjoy similar stories. The public squares and beaches of Beirut are crammed with people who have been displaced from the south of Lebanon and the city’s southern suburbs. The lucky ones have mattresses and blankets to sleep on.

Earlier, Lebanese citizens held a silent protest in Beirut, carrying national flags to express their defiance. Their message was clear: «Lebanon will remain Lebanon,» with or without Hezbollah. Despite the ongoing fear of Hezbollah’s influence, these protests signaled a growing sentiment against the militant group.

Hezbollah leader Hassan Nasrallah, who was then tracked down, spied upon, and then ultimately killed by Israeli agencies, reveal reports. This comes in after the pager and walkie-talkie blasts in parts of the Middle East, which saw hundreds of Hezbollah's top officials get injured, with multiple deaths of some of the Hezbollah's premier brackets.

Subscribe to enjoy similar stories. The investment pros at one of the world’s largest hedge funds, Millennium Management, have a strict rule: Don’t lose money. Millennium parcels out the roughly $69 billion it manages for clients across more than 2,600 traders, analysts and other investment staffers working on hundreds of teams.

Seyed Abbas Araghchi has called for an emergency meeting of the Organization of Islamic Cooperation (OIC) in response to recent Israeli attacks. According to a statement released by Iran's foreign ministry on Sunday, Araghchi made the appeal during a meeting with OIC Secretary General Hissein Brahim Taha in New York on Saturday. As per the official statement, Araghchi emphasised the responsibility of Muslim nations to respond to what he described as the «inhumane crimes» committed by Israel in Palestine and Lebanon. He condemned the recent Israeli airstrikes on Beirut, particularly those targeting densely populated areas with large bunker buster bombs, labelling them as crimes against humanity. He also criticised the inaction of international bodies like the UN Security Council and highlighted the political and military support Israel receives from the United States.

Israeli airstrikes have killed seven senior commanders from Hezbollah, including its leader Hassan Nasrallah. These targeted strikes followed Hezbollah's support for Hamas after its attack on southern Israel. The loss of key members, integral since Hezbollah's inception in the 1980s, poses a significant challenge for the militant group, which is a dominant force in Lebanon's military and political landscape.

Subscribe to enjoy similar stories. India is on the brink of a technological revolution, fuelled by its rapidly growing drone industry. Recent global conflicts, from Israel-Hamas to Russia-Ukraine, have demonstrated the growing importance of drones in modern warfare.

Subscribe to enjoy similar stories. The India-Middle East-Europe Economic Corridor (IMEC), announced at the G20 Summit last September, is rarely mentioned in the context of war.

Stop-and-start negotiations between Israel and Hamas to end the fighting in the Gaza Strip, pushed by the United States, have repeatedly been described by the Biden administration as on the verge of a breakthrough, only to fail. The current Western-led attempt to avert a full-scale Israeli-Hezbollah war in Lebanon amounts to a scramble to avert disaster. Its chances of success seem deeply uncertain after the Israeli killing of Hassan Nasrallah, the longtime leader of Hezbollah, on Friday. «There's more capability in more hands in a world where centrifugal forces are far stronger than centralizing ones,» said Richard Haass, the president emeritus of the Council on Foreign Relations. «The Middle East is the primary case study of this dangerous fragmentation.»

Lebanon killed dozens of people on Sunday as the Hezbollah militant group sustained a string of deadly blows to its command structure, including the killing of its overall leader, Hassan Nasrallah. Hezbollah confirmed Nabil Kaouk, the deputy head of the militant group's Central Council, was killed on Saturday, making him the seventh senior Hezbollah leader slain in Israeli strikes in a little over a week. They include founding members who had evaded death or detention for decades. Hezbollah had earlier confirmed that Ali Karaki, another senior commander, died in Friday's strike that killed Nasrallah. Israel says at least 20 other Hezbollah militants were killed in the strike, including two close associates of Nasrallah, one of whom was in charge of his security detail.

Pope Francis suggested Sunday that Israel's attacks in Gaza and Lebanon have been «immoral» and disproportionate, saying its military domination has gone beyond the rules of war. Francis was asked en route home from Belgium about Israel's targeted killing of one of Hezbollah's founding members, Hassan Nasrallah. Friday's strike in Beirut targeted an area greater than a city block and reduced several residential buildings to rubble, and at least six other deaths have been confirmed. Francis didn't mention Israel by name and said he was speaking in general terms. But he said that «the defense must always be proportionate to the attack.»