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Gaza border areas from Hamas militants as the war's death toll passed 3,000 on Tuesday, the fourth day of fierce fighting since the Islamists launched a surprise attack. Prime Minister Benjamin Netanyahu has warned Israel's military campaign following Saturday's onslaught was only the start of a sustained war to destroy Hamas and «change the Middle East». Fears of a regional conflagration have surged amid expectations of a looming Israeli ground incursion into Gaza, the crowded enclave from where Hamas launched its land, air and sea attack on the Jewish Sabbath. The death toll in Israel has surged above 900 from the worst attack in the country's 75-year history, while Gaza officials have reported 765 people killed so far. Hamas gunmen killed more than 100 people in the kibbutz of Beeri alone, said Moti Bukjin, a volunteer with the charity Zaka that recovers bodies in accordance with Jewish law.

Reserve Bank of India should continue to stay the course until inflation comes down, says Krishna Srinivasan, director of the International Monetary Fund's Asia and Pacific Department. In an interview with Deepshikha Sikarwar on the sidelines of the ongoing annual meeting in Marrakech, he said this is a time when you have to be conservative both on monetary side and fiscal side to bring inflation down durably to build fiscal buffers. Edited Excerpts: There is a new geo-political crisis confronting the world. From India's point of view, what kind of impact do you see? At this point in time, we are trying to assess the impact.

India should be able to tide over the spike in crude oil prices due to the latest conflict in Gaza, International Monetary Fund executive director KV Subramanian noted, saying that the development for the global economy meant more uncertainty. «As it is even before this particular incident there was uncertainty, one because of the high levels of debt in many economies together with elevated commodity prices because of the war in Ukraine. On top of that this adds uncertainty, which may impact, I think, the global growth, possibly, in an even more negative manner,» he told ET on the sidelines of the ongoing annual International Monetary Fund and World Bank meeting here. Crude oil prices jumped 4% soon after the conflict broke out.

Mexico's president says he rejected a U.S. request to set up migrant transit centers in Mexico

Amazon has said it is looking forward to working with the Indian government and local partners to bring «affordable broadband» across the country in its first comments on entering India's nascent satcom market. «Project Kuiper (Amazon's broadband-from-space venture) will bring fast, affordable broadband to unserved and underserved communities around the world, including rural and remote places in India,» an Amazon spokesperson told ET in an emailed statement. «This (the move into India) is a long-term initiative for Amazon, and we look forward to working with the Indian government and local partners to connect customers and communities across the country,» it said. The Jeff Bezos-owned US tech giant's statement comes a day after ET reported in its October 10 edition that the US major has applied to the Indian National Space Promotion and Authorisation Centre (In-Space) for getting required approvals to provide broadband services in the country.

National Investigation Agency (NIA) has increased to 18 branches across the country from nine in 2019, when Amit Shah took charge of the Union home ministry, while proposals for 10 more branches are pending with the ministry, said officials. The manpower for the NIA has also been enhanced, as the ministry recently approved creation of one post of additional director general and six new inspector generals of police for the agency, they said.

India is hosting the 8th BRICS International Competition Conference (ICC) in New Delhi under the aegis of the Competition Commission of India (CCI). BRICS represents 42% of the world's population, 26% of global GDP, and 18% of global exports. It has seen a more than four-fold increase in their annual FDI inflows from $84 billion in 2001 to $355 billion in 2021. Their share in global FDI inflows also doubled from 11% in 2001 to 22% in 2021.

space sector to cut dependence on imports and manufacture space services-related equipment locally, as is the case with the telecom sector, the minister of state for communications, Devusinh Chauhan, said. “India’s telecom sector had huge reliance on imports, but...the country is now manufacturing telecom products (locally) and preparing for the next-generation of telecom technology…,” Chauhan said at an industry event on Tuesday. “Space will also have (an indigenous) technology like this.” The minister called on industry and stakeholders to explore additional futuristic technologies that could be “worked upon” in the telecom and satellite sectors. Tata-backed Nelco, though, warned that the very survival of satellite players in India would be at stake if satellite spectrum is not priced right by the government. The company reiterated the call for satellite spectrum allotment via the administrative route, as is the global practice. “Spectrum is the satellite industry’s lifeline…unless that is really (at) the right price, it will be impossible for the industry to survive,” Nelco managing director PJ Nath said at the event.

DoT) Tuesday conducted multiple sample tests of pan-India emergency alerts powered by the Cell Broadcasting System. «This is a SAMPLE TESTING MESSAGE sent through Cell Broadcasting System by Department of Telecommunications, Government of India. Please ignore this message as no action is required from your end.

Russia was defeated in its bid to regain a seat in the United Nations premiere human rights body by a significant majority in Tuesday's election in the General Assembly, which voted last year to suspend Moscow after its invasion of Ukraine. Russia competed against Albania and Bulgaria for two seats on the Geneva-based Human Rights Council representing the East European regional group. In the secret ballot vote, Bulgaria got 160 votes, Albania got 123 votes and Russia just 83 votes.

By Philip Blenkinsop

The Fossil Group is one of the most sought-after premium watch groups across the globe and Myntra is the leading destination of choice for international brands. Seven years together, they’ve cohesively worked in collaboration to make premium watches from a roster of leading global brands available and accessible for customers across India. In an insightful conversation, Sharon Pais, Chief Business Officer at Myntra, and Johnson Verghese, Managing Director at Fossil Group, delve deeper into the remarkable journey of this thriving relationship, one that has seen the Fossil Group grow at an impressive rate on Myntra.

₹2,400. While all the arguments so far suggest that India massaged the truth to its benefit, the main thrust of the piece is that the India achieved its success through “gratuitous acts of coercion." This, the article suggests, ought not to have been the case—that we should have, instead, allowed the free play of market forces. It is this top-down approach—this “unnecessary paternalism"—that it comes down hardest on.

By Jorgelina do Rosario and Alexander Villegas

By Sergio Goncalves

UEFA said Tuesday it had abandoned plans to re-admit Russian under-17 teams into the youth European Championship next year. «No technical solution to allow Russian teams to play could be found,» UEFA said. In September, UEFA reinstated Russian youth teams to its competitions, having suspended the country's senior sides due to the ongoing war in Ukraine. UEFA argued that youth players should not have to pay the price for the actions of adults. That decision sparked anger in Kyiv, which said in response it would boycott all UEFA competitions featuring Russian teams. On Tuesday, Kyiv thanked UEFA for scrapping the plans.

Investing.com — Oil prices edged lower Tuesday, handing back some of the previous session’s hefty gains as traders digest the possibility of a wider impact from the conflict between Israel and the Palestinian Islamist group Hamas.

Investing.com -- Several Federal Reserve policymakers are due to deliver closely-watched speeches on Tuesday, with investors keen to receive any clues about how a recent spike in U.S. Treasury yields could impact the central bank's interest rate path.

Billionaire hedge fund manager Paul Tudor Jones said Tuesday it's extremely tough to be an investor in risk assets amid escalating geopolitical tensions and the dire fiscal position in the U.S.

Rising interest rates have been putting increased pressure on variable-rate mortgage borrowers, in some cases pushing out their amortization periods by decades — at least on paper. But are people really being given 70, 80 or even 90 years to pay off their homes? The Financial Post’s Ian Vandaelle explains what you need to know about extended amortizations and how rising interest rates are affecting mortgages.

The Alberta government has released a consultant’s report that includes a $334-billion estimate of the asset transfer from the Canada Pension Plan (CPP) fund to a new fund to be established for a stand-alone Alberta pension plan.