Israel Financial News

Turkish President Recep Tayyip Erdogan is making his first official visit to Iraq in more than a decade as Ankara seeks greater cooperation from Baghdad in its fight against a Kurdish militant group that has a foothold in Iraq's north

Iraq at a military base in Syria housing a US-led coalition, according to Iraqi security forces. In response, the Iraqi forces launched a major search operation in northern Nineveh province and found the vehicle used in the attack, they said in a statement. It is the first major attack against the coalition forces in several weeks.

Ret. Air Force Brig. Gen. Rob Spalding and Marine raider Garrett Exner discuss tensions in the Middle East on The Evening Edit.

Iran's supreme leader on Sunday dismissed any discussion of whether Tehran's unprecedented drone-and-missile attack on Israel hit anything there, a tacit acknowledgment that despite launching a massive assault, few projectiles actually made through to their targets. Ayatollah Ali Khamenei's comments before senior military leaders didn't not touch on the apparent Israeli retaliatory strike Friday on the central city of Isfahan, even though air defenses opened fire and Iran grounded commercial flights across much of the country. Analysts believe both Iran and Israel, regional archrivals locked in a shadow war for years, are trying to dial back tensions following a series of escalatory attacks between them as Israel's war on Hamas in the Gaza Strip rages on and inflames the wider region.

The House has passed legislation that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year

NEW DELHI : New Delhi: International crude oil prices fell on Monday amid global growth concerns and improving crude inventory in the US. It also helped that Israel's retaliatory attack on Iran was smaller than had been feared. At 10.32 am, the June contract of Brent on the Intercontinental Exchange was trading at $86.50 per barrel, lower by 0.90% from its previous close.

Income tax rule for gold: Amid fear of the Iran-Israel war, the gold rate today is in an uptrend bias. Despite the weak opening of the gold price today on the Multi Commodity Exchange (MCX), gold price in the domestic market has risen to the tune of 7.60 percent in April 2024 whereas it has delivered more than 15 percent return to the gold investors in YTD time. So, at this juncture, when the market experts are still expecting a bounce back in gold prices, it is important to know how the income tax rule applies to income booked from gold investments.

BlackRock’s spot Bitcoin exchange-traded funds (ETF) iShares Bitcoin Trust trading under the ticker “IBIT” has seen inflows 69 days straight, said Bloomberg Intelligence ETF analyst Eric Balchunas in a social media post.

markets as ongoing worries about a potential conflict between Iran and Israel emerge. Analysts said if tensions escalate significantly, there's a risk of panic selling and increased volatility across global stock markets. «Nifty managed to hold 100-DMA and make a smart recovery from the lower levels at 21777. 22300 will be the first hurdle, while 22525 will be the next hurdle. If Nifty slips below 22000, then 100-DMA around 21700 will be the next support level,» said Pravesh Gour, Senior Technical Analyst at Swastika Investmart.

CPI) inflation does not have to touch the Reserve Bank of India's 4% target, but sustainably move towards that mark for interest rates to be lowered, Ashima Goyal, external member of the central bank's monetary policy committee (MPC), told ET. «Headline inflation does not have to reach target but has to durably approach it for the MPC to cut rates,» Goyal said in an interview after the release of the MPC's April 3-5 minutes. «If expected headline inflation stays persistently below 4.5%, our current real repo rate would be too high.» She said she would look for more confirmation of India's resilience to supply shocks and the anchoring of inflation expectations, while citing global risks, domestic political flux and the progress of the monsoon as uncertainties that shaped her view of a status quo on rates in April. Over the past year, the RBI has, on several occasions, said that its aim is to drive CPI inflation back to the 4% target, and that it is not enough for the price gauge to be within the 2-6 tolerance band of the MPC. CPI inflation was at 4.85% in March.

News Wrap this Week: As we wrap up this week, a look at the top news headlines from from April 15 to April 21. India saw its first phase of voting for the mammoth Lok Sabha Elections 2024 on Friday, April 19. While a few areas in West Bengal and Manipur saw violence and exchange of gunfire, the first phase of polling was "largely peaceful across 21 States/UTs", the Elections Commission of India (ECI) said.

Strait of Hormuz is a narrow marine corridor situated between Oman and Iran and spans approximately 40 km at its most constricted section, providing 2 km of navigable waterways for vessels entering and exiting. India imports 85% of its crude oil requirements from Saudi Arabia, Iraq, and the UAE and LNG from Qatar.

Ukraine by the U.S. House of Representatives but urged Washington to quickly turn the bill into law and proceed with the actual transfer of weapons, saying long-range arms and air defense systems were top priorities. In an interview with NBC's «Meet the Press», Zelenskiy said the passage of the bill would send a powerful message to Russia that Washington stands by Kyiv and that it would not be «a second Afghanistan.» «I think this support will really strengthen the armed forces of Ukraine and we will have a chance for victory,» Zelenskiy said through an interpreter.

Israeli airstrike on a house in Gaza's southernmost city killed at least nine people, six of them children, hospital authorities said Saturday, as Israel pursued its nearly seven-month offensive in the besieged Palestinian territory. Israel's war against the Islamic militant group Hamas has led to a dramatic escalation of tensions in an already volatile Middle East. The strike late Friday hit a residential building in the western Tel Sultan neighbourhood of the city of Rafah, according to Gaza's civil defence. The bodies of the six children, two women and a man were taken to Rafah's Abu Yousef al-Najjar hospital, the hospital's records showed. At the hospital, relatives cried and hugged the bodies of the children, wrapped in white shrouds, as others comforted them.

Gold prices rise for sixth week on rising Iran-Israel war fears netanyahu on the X platform wrote, The US Congress just overwhelmingly passed a much-appreciated aid bill that demonstrates strong bipartisan support for Israel and defends Western civilization. Thank you, friends, thank you America!" On Saturday, US lawmakers approved $95 billion in foreign aid for Ukraine, Israel, and other allies.

Even as global geopolitical worries, rising bond yields, soaring crude oil rates and fading hopes of rate cut by central banks are keeping Sensex and Nifty under pressure, there are enough stock-specific opportunities in the market. Rupak De, Senior Technical Analyst at LKP Securitieslists out three top picks for the week — ICICI Bank, Samvardhana Motherson and DLF.

Israel demonstrated its military dominance over adversary Iran in its apparent precision strikes that hit near military and nuclear targets deep in the heart of the country, meeting little significant challenge from Iran's defences and providing the world with new insights into both militaries' capabilities. The international community, Israel and Iran all signalled hopes that Friday's airstrikes would end what has been a dangerous 19-day run of strikes and counterstrikes, a highly public test between two deep rivals that had previously stopped short of most direct confrontation. The move into open fighting began April 1 with the suspected Israeli killing of Iranian generals at an Iranian diplomatic compound in Syria. That prompted Iran's retaliatory barrage last weekend of more than 300 missiles and drones that the US, Israel and regional and international partners helped bat down without significant damage in Israel. And then came Friday's apparent Israeli strike. As all sides took stock, regional security experts predicted that Prime Minister Benjamin Netanyahu's far-right government and the country's allies would emerge encouraged by the Israeli military's superior performance. In response to international appeals, however, both Israel and Iran had appeared to be holding back their full military force throughout the more than two weeks of hostilities, aiming to send messages rather than escalate to a full-scale war.

Bajaj Finance, Tech Mahindra, Nestle India, HCL Technologies, Maruti Suzuki, and others are set to unveil their quarterly performances. Additionally, India's purchasing managers indices (PMI) figures will be unveiled on the macroeconomic front.

Ethereum was all set to pump thanks to Hong Kong’s spot ETH approval. However, it was cut short due to the tension surrounding the Iran-Israel conflict. Experts still believe that once the smoke blows away, Ethereum will pump in value as the news of its spot approval goes viral. 

Iran, woke to the sound of explosions rattling the windows and shaking the ground. In Tehran, Iran, passengers about to board flights were abruptly told the airspace was closed. Israel, they soon learned, had attacked Iran. As booms and gunfire went off in the distance, Mehrdad, 43, came to realize that the Israelis' target was a military base on the outskirts of the city. He and his pregnant wife remained fearful that war would break out, he said in an interview by phone.

security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time. Two security sources had said earlier that an airstrike caused the blast, which killed a member of Iraq's Popular Mobilization Forces (PMF) and wounded eight others at Kalso military base about 50 km (30 miles) south of Baghdad. In a statement, the PMF said its chief of staff Abdul Aziz al-Mohammedawi had visited the location and «reviewed the details of the investigative committees present in the place that was attacked».