War Financial News

Russia has never done anything to impact India's interests negatively, said External Affairs Minister S Jaishankar on Monday at the NDTV World Summit. Prime Minister Narendra Modi is set to attend the BRICS summit in Russia from October 22-23 at the invitation of Russian President Vladimir Putin. In July this year, PM Modi visited Russia, his first since Moscow launched its invasion of Ukraine, a war that has complicated the relationship between the longtime allies and pushed Russia closer to India's rival China.

In the coming days, Russian President Vladimir Putin will be shaking hands with multiple world leaders, including those from China, India, Turkey and Iran

On top of the grievous toll in human life and misery, Israel’s war against the Hamas and Hezbollah militant groups has been expensive

Subscribe to enjoy similar stories. The question is simple: Who is going to win in November? The answer is complex, because it derives from a mix of many different trends and campaign efforts that must come together to produce a single result. At this point Donald Trump has an edge, but that edge could easily disappear.

Subscribe to enjoy similar stories. The annual festival season that typically sees a scramble for gold may see a fall in demand this time, the first in four years, as runaway prices put the yellow metal out of reach for many Indians. Gold price nearing ₹80,000 per 10 gm has curbed new purchases and turned customers to exchanging old ornaments in the December quarter, jewellers said, a time when festivals and weddings spark gold purchases.

Subscribe to enjoy similar stories. The remote Pacific airfield used to launch the atomic bombings of Japan during World War II is being revived with a different foe in mind: China. Runways emerging from the encroaching jungles on the tiny island of Tinian, a U.S.

Hezbollah on the defensive after a series of heavy Israeli blows, the United States and Iran are locked in a showdown over Lebanon's future, analysts said. Hezbollah, the most powerful regional force backed by Iran, which arms and finances it, has long held sway in Lebanon. But the group's influence is now in question after Israel's assassination of its leader, Hassan Nasrallah, in a significant setback.

Gold, of late, has stopped showing much reaction to traditional drivers like the US yields, the US Dollar Index, key macroeconomic data, etc as bulls are now focused primarily on uncertainties over the US presidential election outcome. In addition, the metal is extending its gains on synchronised global rate cuts, ETF inflows and geopolitical factors also. Spot gold closed with a gain of over 1% at $2721 on Friday, and was up nearly 2.2% on the week.

Israel scale back some of its strikes in and around the Lebanese capital of Beirut, U.S. Defense Secretary Lloyd Austin said on Saturday, adding the number of civilian casualties was «far too high.» Austin's comments came hours after Israel carried out heavy strikes on several locations in the city's southern suburbs, leaving thick plumes of smoke wafting over the city horizon throughout the evening. Israel said it struck arms facilities belonging to Lebanese armed group Hezbollah. Tens of thousands of people have fled the southern suburbs — once a densely populated zone that also housed Hezbollah offices and underground installations — since Israel began regular strikes there about three weeks ago.

Subscribe to enjoy similar stories. AFTER THE Israel-Hamas war in Gaza in 2021 Yahya Sinwar appeared sitting on a sofa in the open air, surrounded by rubble and smiling. It became a defining image of resistance for many Hamas supporters.

Turkish President Recep Tayyip Erdogan has met with German Chancellor Olaf Scholz in Istanbul

Subscribe to enjoy similar stories. Yahya Sinwar, the mastermind behind the October 7 Hamas attack on Israel, has reportedly been killed.

Subscribe to enjoy similar stories. Israel’s yearlong military campaign in Gaza has hollowed out the Palestinian militant group Hamas and killed some of its top leaders. But the death of Yahya Sinwar this week deprived the group of its chief strategist and leading proponent of all-out war with Israel.

Subscribe to enjoy similar stories. In 1875, when the Prince of Wales visited India on a grand public relations tour, officials were confronted with an awkward issue. In keeping with protocol, wherever Queen Victoria’s son went, he would receive presents, from representatives of the Indian people as well as assorted rajahs and nawabs.

Subscribe to enjoy similar stories. IN THE END Yahya Sinwar died brutally in the rubble of Gaza, like tens of thousands of victims of the war he unleashed a year earlier. In a firefight with an Israeli patrol in southern Gaza, the leader of Hamas, the Palestinian Islamist movement, was killed on October 17th.

Elon Musk’s Starlink and Amazon Kuiper are pushing for lower satellite spectrum prices in India. Jeff Bezos-owned Kuiper is cautioning that pricey airwaves will force global satellite internet operators to target consumers in the South Asian nation’s urban areas, instead of the original aim of giving connectivity to remote regions. Any shift in strategy to focus on urban centres would pit these global firms against Indian telecom firms such as Reliance Jio and Bharti Airtel.

Zomato’s move to raise fresh funds through a qualified institutional placement (QIP) despite sitting on $1.5 billion, or about Rs 12,600 crore, of cash has stirred up an already fired-up quick commerce sector. While some see it as a move to distract investors away from arch-rival Swiggy’s $1.25-billion IPO scheduled for mid-November, others fear an escalation of cash burn in the quick-commerce space, hurting unit economics, with Zepto too looking to raise fresh capital despite scooping up $1 billion over the past four months. The slug of capital that will be needed to sustain growth in the high-burn quick commerce sector is resembling the trajectory of ecommerce a decade ago, especially as Zomato’s Blinkit, Swiggy’s Instamart and Zepto diversify into categories like fashion and electronics, said an investor who has been tracking consumer internet companies.

North Korea has decided to send a «large-scale» troop deployment to support Moscow's war in Ukraine, with 1,500 special forces already in Russia's Far East and undergoing training, Seoul's spy agency said Friday. The National Intelligence Service said the North had decided to send thousands of soldiers to help Russia, releasing detailed satellite images it said showed the first deployment. South Korea's President Yoon Suk Yeol convened an emergency security meeting Friday, with Seoul slamming Pyongyang's move as «a significant security threat not only to our country but also to the international community,» the president's office said.

The United States says it is disappointed with a decision by the Swiss government not to adopt all measures in the latest round of European Union sanctions against Russia over its war in Ukraine

Assailants have fired a dozen gunshots at a building housing the newspaper El Debate in the embattled northern state of Sinaloa

Netflix shares hit an all-time high on Friday, buoyed by investor optimism that its robust content lineup will help the streaming giant maintain upbeat subscriber growth even as the boost from its password-sharing crackdown wanes.