Israel Financial News

India is prepared to take adequate steps to mitigate any impact of the Iran-Israel conflict on its economy and will «remain alert», Finance Minister Nirmala Sitharaman said on Thursday. «Can't say that we are fully ready. As developments unfold, we are preparing to take adequate steps in India's interests,» Sitharaman told the CNBC Awaaz news channel in an interview. The conflict has not yet significantly impacted global oil prices. However, any escalation of tension in the oil-rich middle east could raise India's oil import bill. India is the world's third biggest oil importer, and ships in about 85% of its oil needs from overseas.

SCRANTON, Pa.—Former President Donald Trump will be sitting in a courtroom for much of the next several weeks, giving President Biden a window of opportunity to play offense and build support—if he can take advantage of it. Biden embarked on a multiday tour of Pennsylvania this week as jury selection began in Trump’s criminal hush-money trial in New York, opening a presidential split-screen that voters will see this spring. Recent national polls show the race between the two men essentially tied, with Biden’s support rising gradually since his State of the Union address in March.

Bitcoin dropped 4.5% to $63,044 in Tuesday's trading session as stronger-than-expected US retail sales for March further reinforced expectations that the US Federal Reserve will unlikely rush to cut interest rates this year. Retail sales rose 0.7% last month, the Commerce Department's Census Bureau said. Data for February was revised higher to show sales rebounding 0.9%, the largest gain in just over a year, instead of the previously reported 0.6%.

Speaker Mike Johnson is forging ahead to pass a bill to support Ukraine, Israel and Taiwan, despite threats from his right rump to topple him. He’s correct on the policy merits, and he deserves support from Members of both parties given what a potential Ukrainian defeat would mean for U.S. national security.

NEW DELHI : Global crude oil prices edged marginally higher on Thursday, rebounding from a 3% drop the previous day, as concerns over demand and escalating tensions between Iran and Israel potentially impacting the oil market continue to trouble investors. As of 10:54 am, the June Brent contract on the Intercontinental Exchange was trading at $87.52 per barrel, a 0.26% increase from the previous close. Similarly, the May contract of West Texas Intermediate on NYMEX had risen by 0.17% to $82.83 per barrel.

Iran-Israel war: In the wake of rising geo-political tension in the Middle Eastern countries after the outbreak of the Israel-Iran war, the business of some Indian companies may be affected if the war gets prolonged. Adani Ports and Special Economic Zone Ld is one of those Indian companies. According to stock market experts, the flagship Adani group company has a high stake involved at Haifa Port in north Israel.

₹1 change in gross marketing margin substantially impacts the Ebitda (earnings before interest, taxes, depreciation, and amortization) margins of oil PSUs by over 20%. Increased LNG prices or supply shortages would adversely affect gas companies like GAIL, Petronet LNG, and city gas distributors such as Gujarat Gas, IGL, and Mahanagar Gas. Additionally, the windfall tax limits profit margins for producers like ONGC and OIL, capping net realizations at around $75 per barrel.

Amid ongoing military conflict between Iran and Israel, financial markets globally have caught in a turmoil. Over the weekend, Iran launched a massive attack on Israel using hundreds of drones and missiles in what it called a response to a strike on its consulate in Syria. The geopolitical tensions in the Middle East have created jitters among investors who are now looking to stay away from riskier assets and taking refuge in gold due to its safe-haven appeal.

Stock Market News: The domestic equity benchmark indices, the Sensex and the Nifty 50, opened in green on Thursday after declining for three straight sessions. The domestic indices tracked Asian counterparts and were led by PSU bank stocks, energy companies due to a decline in oil prices, and metals stocks as a result of concerns over global supply. On Thursday, the S&P BSE Sensex opened up 239.42 points, or 0.33%, at 73,183.10, while the NSE Nifty 50 began up 64.40 points, or 0.29%, at 22,212.35.

Joe Biden said on Wednesday that the US continues to urge Israel to ramp up “land, air, and sea deliveries for Gaza civilians". In a post on X, Biden said that in the “12 days following my call with Prime Minister Netanyahu, 3,000 trucks with food and supplies moved into Gaza – a daily increase of over 50% from the week prior." Biden added, “It's still not enough," saying, “We continue to urge Israel to ramp up land, air, and sea deliveries for Gaza civilians." Also Read: Iran-Israel war LIVE: 'West repelled strike on Israel, why not for Ukraine?' asks Estonia PM As reported by Reuters, the Palestinian enclave's health ministry said that Israel's military offensive in the Gaza Strip has "killed at least 33,899 Palestinians and wounded 76,664 since Oct.

Lebanon's Hezbollah group said it attacked an Israeli army base near the border on Wednesday, with the latest in a series of tit-for-tat strikes wounding 14 soldiers, according to Israel's military. Israel and Hezbollah, an Iran-backed Hamas ally, have been exchanging near-daily cross-border fire since the Palestinian militant group attacked southern Israel on October 7, triggering war in the Gaza Strip. But Wednesday's incident marked the third day in a row that Hezbollah strikes wounded people in Israel, with regional tensions high after Iran launched a direct attack on Israel over the weekend in retaliation for a deadly strike on Tehran's Damascus consulate.

Bitcoin (BTC) bears are eyeing a break below the key psychological $60,000 level, with ETF flows having slowed this week, and macro headwinds continuing to pile up, with some predicting that the Bitcoin price could be headed towards $50,000 next.

Israel and Iran amid the ongoing Israel-Hamas war in Gaza. As per the statement, "the continuing escalation of tensions between Israel and Iran and the wars in Gaza and in Ukraine will dominate the agenda of the ministers." The G7 ministers will discuss the Middle East situation on Thursday morning, news agency AFP reported. Iran's latest attack on Israel mounted tensions in the Middle East region, with the Iran-backed Hezbollah group exchanging fire across the border with Israel almost daily since the incursion.

Holders of Pepe (PEPE) felt their bags get 24% lighter in the last seven days as meme coins took some of the hardest hits amidst a market-wide downturn.

The rupee has fallen to a new low of 83.5 against the dollar. This has wide ramifications, making exports lucrative but imports expensive. Mint looks at why the currency is falling, how it impacts everybody and what can RBI do.

social media. Reacting to the video, an X user said many in Kerala are fighting battles for Palestine. "That's why they were feeling so hurt.

Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh Iran announced its military's preparedness to counter any potential Israeli aggression. Recently, Iran launched its inaugural direct assault on Israel, retaliating against a suspected Israeli attack on an Iranian diplomatic facility in Damascus on April 1. On Tuesday, prominent figures from the U.S.

parliament on Wednesday approved a motion to ban the Nazis' swastika emblem as part of a crackdown on extremist symbols in the neutral country. The lower house of parliament voted to prohibit one of the most infamous symbols of Adolf Hitler's National Socialist regime following concerns about rising antisemitism.

₹6,973 per barrel on the multi commodity exchange (MCX). Oil prices have softened this week as economic headwinds curb gains from geopolitical tensions, with markets eyeing how Israel might respond to Iran's weekend attack. Analysts do not expect Iran's unprecedented missile and drone strike on Israel to prompt dramatic U.S.

Bitcoin tumbles nearly 8%, settling at $63,000 from March-April highs amid the Israel-Iran crisis Over the past 24 hours, the global cryptocurrency market experienced a 4.1% decrease, reaching approximately $2.29 trillion in market capitalization. Presently, the total volume within the DeFi sector stands at $9.35 billion, accounting for 7.92% of the entire cryptocurrency market's 24-hour trading volume. Meanwhile, the collective volume of stablecoins amounts to $110.24 billion, constituting 93.37% of the total 24-hour trading volume in the cryptocurrency market, as reported by CoinMarketCap.

The aircraft intercepted data around the incoming missiles on Israel and passed the information at real-time to fighter pilots of Israel along with operators of Israel's Iron Dome, which is a defense system that blocks enemy missiles and attacks on Israel's land. The tech available on the multi-million pound aircraft tracked down all the incoming 320 missiles and drones launched from Iran. Interestingly, from the moment the missiles began raining down, Iranian State TV broadcasted almost every moment of it, according to The Sun report.