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oil prices held steady near $85 a barrel, but traders remain cautious following the eruption of violence between Israel and Hamas, which could potentially disturb the oil supply chain in the Middle East. Prices clocked one-year highs at the end of September, driven by worries about supply shortages after a surprise extension of voluntary supply cuts by Saudi Arabia and Russia, but the momentum was short-lived. An unexpected buildup in US crude inventories and concerns over demand adversely hit the sentiments. However, extreme uncertainty prevails in the global oil market as the ongoing clash between Israel and Hamas sparks fears that the turmoil could spread across West Asia and threaten the world’s oil supply. The direct impact on oil prices is limited, as neither Israel nor Gaza produces significant amounts of oil.

Amazon to ‘amazing’ heights, billionaire Jeff Bezos is busy expanding his real estate portfolio. The business tycoon recently splurged a staggering $79 million on a sprawling property in Florida’s famous ‘Billionaire Bunker’ island. Named Indian Creek, this man-made barrier island in Biscayne Bay, Miami, is known as a popular residential place for the world’s richest! The total number of residents on the island is just 81 and consists of people such as Tom Brady, Ivanka Trump, and her husband Jared Kushner, etc. The island is approximately 300 acres long and has 40 waterfront properties, a golf field, a mayor, a country club, and its own police force! The new property is located right next to another home owned by the magnate. The other home, which consists of three bedrooms and a waterfront, was purchased by Bezos for a whopping $68 million two months ago.

Israel Hamas conflict, Israeli Defence Forces Spokesperson Lieutenant Colonel Jonathan Conricus noted on Saturday that people in the Gaza Strip are listening to Israel's warning and are doing the right thing, noting that there has been a significant movement of Palestinian civilians towards the South. «We have seen a significant movement of the Palestinian civilians towards the south...we have seen people listening to our warning, understanding that they doing the clever thing, moving out of the dangerous area, and the right thing for their family...,» he said. On Friday the Israeli military had called for the evacuation of all civilians from Gaza City.

Josep Borrell said Saturday that a plan by Israel to evacuate more than one million people out of northern Gaza in a single day was «utterly impossible to implement». Israel warned residents in the area to evacuate before an expected ground offensive against Palestinian Islamist organisation Hamas in retaliation for the deadliest attack in Israel's history. «I am saying that, representing the official position of the European Union… (the evacuation plan) is utterly, utterly impossible to implement,» Borrell told a press conference in Beijing on the final day of a three-day diplomatic visit to China. «To imagine that you could move one million people in 24 hours in a situation like Gaza can only be a humanitarian crisis,» he added. EU chief Ursula von der Leyen had expressed support to Israeli Prime Minister Benjamin Netanyahu on Friday during a visit to the country. «Europe stands with Israel,» said von der Leyen, adding that the country had «a duty to defend its citizens». But Borrell's comments in Beijing showed the limits of that affirmation, saying that Israel was also obligated to follow international humanitarian law in the process of defending itself. «The position is clear,» said Borrell. «We certainly defend the right of Israel to defend itself.» «But, as any right, it has a limit.

net zero emissions by 2070. To meet this objective, India has pledged to, inter alia, achieve 500 GW of installed electricity (about 50 per cent of cumulative installed power) from non-fossil fuel sources by 2030 as part of its NDCs under COP26.

By Lewis Jackson and Samuel McKeith

Follow our LIVE coverage of the Israel-Hamas war here "With the recent crisis in the Middle-East, concerns on fuel are back again, the worries that many countries expressed. Concerns and uncertainties are about peace as a positive factor. Fuel concerns affecting food security aspects and impact on inflation, fragmentation of supply chains were the three major worries in the near future," she stated.

Sri Lanka flagged off on Saturday, Prime Minister Narendra Modi said that we are embarking on a new chapter in the diplomatic and economic relations between India and Sri Lanka. PM Modi said, “We are embarking on a new chapter in the diplomatic and economic relations between India and Sri Lanka.

Israel-Hamas war LIVE updates The second batch of 235 Indian nationals, including two infants, were safely evacuated on Friday. MoS MEA Rajkumar Ranjan Singh received the Indian nationals at the airport. India launched 'Operation Ajay' on Thursday to facilitate the return of those who wish to return home following brazen attacks by Hamas militants on Israeli towns on 7 October.

Follow our LIVE coverage of the Israel-Hamas War here “Once someone ventures into the space of 'who is the perpetrator and who is the victim,' you enter into the exposure of social media disinformation and risk," he added. Here's a look at all that was said and promised. JPMorgan Chase CEO Jamie Dimon, on a post-earnings call, expressed deep sadness about recent attacks on Israel, stating, "Terrorism and hatred have no place in our civilized world," before delving into the financial results.

Israel as tensions flared between the country and the Palestinian militant group Hamas. India initiated 'Operation Ajay' on Thursday, with the primary objective of facilitating the return of Indian nationals affected by the recent attacks on Israeli towns by Hamas militants from Gaza.

Reuters. Since 1996, New Zealand has employed a mixed-member proportional system.

Chhatrapati Shivaji Maharaj International Airport's (CSMIA) comprehensive post-monsoon runway maintenance plan, both runways - RWY 09/27 and RWY 14/32 will be temporarily non-operational on October 17 from 1100 hours to 1700 hours," as per the statement. The statement further read, “CSMIA in co-operation with all key stakeholders has effectively scheduled flights to ensure smooth completion of the maintenance.

Ashwini Vaishnaw. «This is a very serious issue. If platforms don't act with alacrity on protecting the privacy of users, especially children, strict action will be taken against them,» Vaishnaw told ET, urging the social media companies to comply with the government's directive in this regard.

NEW DELHI : Ingka Group, the owner and operator of Ikea stores, wants to invest in Indian startups and the country’s energy sector via its investment arm, said Juvencio Maeztu, deputy chief executive officer of Ingka Group. After investing ₹10,500 crore in India’s retail market over the past decade, the company is now entering its next phase of expansion in the country, said Maeztu, who is also its board member and chief financial officer . The group is also preparing investment plans to open more stores in India and step up local manufacturing.

SoFi is copying Robinhood’s play for retirement assets by offering owners of individual retirement accounts a 1% contribution match to win their business.

NEW DELHI : India may not escape the impact of a global economic downturn particularly at a time elections are coming up, KPMG India chief executive officer (CEO) Yezdi Nagporewalla said. He also highlighted the opportunities thrown up by India’s large talent pool. “We are at a juncture where the global trends are not very positive.

Babri Masjid in Ayodhya, is embarking on a fundraising drive across the country as it aims to finally kick-start construction of the mosque complex next year. Meanwhile, the design of the mosque has been changed as per demands from the Muslim community to make it look more ancient Islamic than contemporary as had been originally envisaged by the trust. It has been more than three years since, following the Supreme Court verdict in the Ramjanmabhoomi dispute, a five-acre land was allotted in Dhannipur for construction of a mosque.

exports fell 2.6% year on year to $34.5 billion in September even as the government revised upwards the export growth in August to 3.88% from a 6.8% contraction reported earlier. A sharper decline of 15% in imports narrowed the trade deficit to a five-month low of $19.4 billion in September from the revised $21.6 billion in August. Sequentially, the outbound shipments shrank 10% in September. «Green shoots are confirmed by the September data. The October weekly trend data is also positive.

India's office space market is poised for significant growth between 2023 and 2025, with property developers saying the market has remained unaffected by the global economic slowdown. More than 165 million sq. ft.

Supreme Court Friday doubted the authenticity of a postpartum psychosis prescription provided by a pregnant woman who is seeking abortion of her 26-week foetus. A bench headed by Chief Justice of India (CJI) D Y Chandrachud directed the medical board of AIIMS to examine if the medicines purportedly taken by the pregnant woman had any effect on the foetus. The bench also granted liberty to the medical board of AIIMS to conduct an «independent evaluation» of the mental and physical condition of the pregnant woman. The bench was told on Friday that the petitioner has refused to reconsider her decision to terminate the 26-week-old foetus.