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Hamas appeared to show the dead bodies of two Israeli hostages on Monday after warning Israel they might be killed if it did not stop its bombardment of Gaza. A new video released by the Palestinian militant group purportedly showed the bodies of Yossi Sharabi, 53, and Itai Svirsky, 38, who had appeared in an initial video on Sunday. It also showed a third Israeli hostage, university student Noa Argamani, 26, seemingly reading a script in front of a blank white wall, saying the two were killed by Israeli strikes. Israel's military spokesperson said there was serious concern regarding the fate of the hostages purported to be dead in the video, while specifying that one of them, whom he identified as Svirsky, was not killed by Israeli fire. «Itai was not shot by our forces. That is a Hamas lie.

Investing.com-- Oil prices moved little in Asian trade on Tuesday as traders awaited more developments in the Middle East, while a string of key economic readings due this week also kept markets on edge.

By Arathy Somasekhar

interim budget for FY25, from the budget estimate for this year, as it aims to balance the need for sustained growth with fiscal consolidation imperatives, people aware of deliberations said. With the economy continuing to grow at a robust pace, the government is of the view that fiscal consolidation needs greater attention, they said. According to the first advance estimate, India's gross domestic product (GDP) is forecast to grow 7.3% in FY24, bettering the preceding fiscal year's 7.2%. FY24's budget had raised spending by 14.1% over the FY23 budget estimate — to ₹45 lakh crore. FY24 expenditure growth was up 7.5% over the provisional number for the last fiscal year. The Centre will continue quality spending next fiscal by raising capital expenditure, albeit at a slower pace than in recent years, a government official told ET. Muted hike in capex This, while lifting revenue spending at a moderate rate, the official said.

MUMBAI : Livspace, a new-age home interiors solutions provider backed by private equity firm KKR, is planning to shift its domicile back to India, and list on local stock exchanges. Currently based in Singapore, the firm has initiated internal processes with the aim to go public in 2025, three people in the know of the development said. The company is looking to hit profitability by the end of the current financial year and is eyeing a listing opportunity in 2025, one of the three people cited above said, seeking anonymity.

By Jamie McGeever

Former deputy NSA K.T. McFarland discusses the U.S. and U.K. strikes on Houthi forces in Yemen on ‘Maria Bartiromo’s Wall Street.’

Investing.com — Here is your Pro Recap of the biggest analyst picks you may have missed since Friday: upgrades at Qualcomm, Twilio, International Flavors & Fragrances, and CIENA.

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Shopify, Snowflake, Nutrien , and Illumina.

(Reuters) -Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to East-West trade.

ATHENS (Reuters) — Greece has received nearly 15 billion euros in grants and loans from the European Union's Recovery Fund since 2021, a sum which is equivalent to about 8% of its economic output, as it stepped up the absorption of funds, the government said on Monday.

cargo shipped along the Northern Sea Route (NSR) in 2023 totaled 36.254 million tons which is more than 250 thousand tons above the target set in the “Development of the Northern Sea Route” federal project being implemented under Russia's nuclear major Rosatom. Rosatom Director General Alexey Likhachev said that the cargo shipping record was set even before the end of the year thanks to partner companies that had found an opportunity to redirect their cargo from west to east, including first of all PAO NOVATEK, LNG accounts for more than half of the cargo, as well as Gazprom Neft, LUKOIL, PJSC MMC Nornickel. «In 2023, we saw intensified transit traffic, 2 million 129 thousand tons of cargo were shipped, which makes it a historical peak. “Transit cargo shipping evidences the NSR popularity, therefore its intensification from the maritime logistics point of view is the most important result,” noted Vladimir Panov, Rosatom Special Representative for the Arctic development. It is also worth noting the growing interest of foreign shipping companies in the Northern Sea Route including from India. In addition, there were 3 round regular domestic voyages along the Northern Sea Route from the northwestern part of Russia to the regions of the Far East in 2023. The Northern Sea Route (NSR) is the shortest shipping route connecting the western part of Eurasia and the Indo-Pacific region. The goal of the “Development of the Northern Sea Route” project is to create infrastructure to facilitate the increase in cargo shipping as well as in the total capacity of seaports.

Yemen’s Houthi rebels have fired an anti-ship cruise missile toward an American destroyer in the Red Sea

Though all such data are quite encouraging, electric two wheeler sales slowed down significantly earlier this year after the govt reduced subsidies provided under the FAME Scheme which is an abbreviation for Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India. In FY24 till December, 6,42,048 units of electric two-wheelers were sold in the country. Considering average sales of more than 60,000 units per month, total sales in the financial year should comfortably cross FY23's sales figures. However, it would still miss Niti Aayog's ambitious target of 1.9 lakh per month sales. EV two-wheelers need more boost? The EV sector initially needed a huge push from the government in its infancy and it did get that. The Indian government brought the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) Scheme, under National Mission on Electric Mobility in 2011/National Electric Mobility Mission Plan 2020, in 2013 to give the sector the necessary boost.

Conservative advocates have filed a growing number of legal challenges, encouraged by the Supreme Court’s June ruling ending affirmative action in college admissions

Analyzing the US dollar index, the daily chart immediately reveals a squeeze following the weakening of the downward momentum.

By Andrew Mills and Maha El Dahan

By Natalie Grover

MILAN (Reuters) — The opinion of Italian businesses on the prospects for the economy improved in the fourth quarter of 2023 compared with the previous three months, the Bank of Italy said on Monday, as inflation expectations eased sharply.

Avenue Supermarts, which operates the retail chain of DMart, has failed to impress investors with its Q3 FY24 earnings, as the company's shares in today's trading session ended with a modest 0.37% gain at ₹3,855 apiece. The company released its Q3 FY24 (third quarter) numbers on Saturday (January 13), posting a 17.2% YoY growth in its consolidated revenue from operations at ₹13,572 crore, as compared to ₹11,569 crore in the same period last year.

Devang Mehta, Director — Equity Advisory, Spark Private Wealth, says “markets are slaves of earnings. Earnings have started on a good note, more so the last quarter was also good. We are seeing margin expansion and market leaders coming back to the fore. A lot of companies like Reliance, a lot of IT participants which are huge overweights on the indices, all this confluence of factors, plus the foreign investors are still as such are still missing. Ideally, I would not get carried away by index targets. I would be more delighted if this is an earnings led rally, rather than being a rally of everything and anything or laggards doing well.” The buzz is that the Nifty will definitely cross 24,000 in 2024. Can you see that as a possibility or is that expecting too much? Devang Mehta: We probably saw 20,000, 21,000, 22,000 all coming too soon. It took the market 25 sessions to go from 21,000 to 22,000. So, it is very possible. Ideally, why? I do not want to put a figure to the index right now, but yes, if you ask me, there are a confluence of factors, be it macros, be it global macros, be it local macros, be it micros, sentiment towards equities as an asset class is great.