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Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared

Former US President Donald Trump has repeatedly made false claims that the schools in US are secretly sending their children for undergoing gender affirming surgeries without having any sort of parental consent. According to CNN, during a recent discussion which took place in New York City, Donald Trump asserted that children could leave for school and return having undergone gender transition surgeries without having any sort of parent’s knowledge. CNN reported that Republican Presidential candidate Donald Trump again repeated his same claim while having an interview with Joe Regan where he suggested that these kinds of surgeries occur in schools itself. This certain narrative was first introduced by Donald Trump in late August which was eventually debunked by multiple sources including CNN as well while no one found any kind of evidence to support Donald Trump’s assertions. Also Read:Are Hugh Jackman and Sutton Foster dating? They have kept their rumored romance secret

Tata-Airbus aircraft complex, that will produce the C295 military transport aircraft, can pave the way for developing and manufacturing civil aircraft to meet the needs of India and the world in the future, Prime Minister Narendra Modi said on Monday. Speaking after inaugurating the complex with his Spanish counterpart Pedro Sanchez, the Prime Minister stressed that the facility reflects the work culture of a new India and is in line with the 'Make in India, Make for the World' slogan. The complex in Vadodara will produce at least 52 of the military transport aircraft, with the first expected to be ready by 2026. Noting the growing demand of civil aircraft in India, the PM said that domestic airlines have ordered 1,200 planes in the recent past as air connectivity is being increased to hundreds of small cities as well.

Jim Rogers has said. Rogers, who co-founded the famed Quantum fund with billionaire George Soros in the 1970s, told MarketWatch in a recent interview that history would suggest that a recession is imminent. He believes “America’s never gone this long without a recession in its history,” and it’s “overdue” for more economic problems. “I do know there’s going to be a recession again, and I do know it’s going to be extremely bad.” If the economy turns sour, Rogers believes gold and silver will do well, along with commodities in general. Amid this prediction, Jim Rogers also has an investing advice.

residential supply post-pandemic, becoming the third-largest market in Gurugram after Dwarka Expressway and New Gurgaon, according to the data by Square Yards. This growth is driven by improved infrastructure and increased developer activity. The total new supply in Sohna since 2020 has already surpassed the cumulative supply of the previous decade (2010–2020), signalling an inventory with an average age of less than four years. The market is dominated by 2BHK units, accounting for 65% of supply, followed by 3BHK units at 26%.

During the bilateral talks held at the iconic Laxmi Vilas Palace here, both leaders also discussed the situation in Ukraine and in West Asia, said Tanmaya Lal, secretary (west), Ministry of External Affairs. «With respect to Ukraine, both sides exchanged their views on how they see the situation. PM Modi reiterated India's position that any such conflict can only be resolved by dialogue and diplomacy. This is not the time for war, this cannot be resolved on the battleground. It is necessary that direct discussion takes place between both the parties,» Lal told reporters.

Sarbananda Sonowal visited the Pandu Port Complex to review the ongoing construction activities including the Northeast India’s First Ship Repair Facility as well as the Elevated Road corridor. The Union Minister also met with the senior officials of the Ministry as well as the Inland Waterways Authority of India (IWAI), the nodal agency for the development of waterways in the country, to assess the progress of various projects being developed along the river Brahmaputra (National Waterways 2) with an investment of Rs 645 crores. Speaking on the occasion, the Union Minister, Sarbananda Sonowal said, “Waterways have always been the lifeline for the people along the river. Under the dynamic leadership of Prime Minister Narendra Modi ji, this important aspect of our civilization became a focal point of renewed attempt at finding sustainable solutions for economic development and prosperity.

Manchester United on Monday sacked Erik ten Hag as the manager of the club’s first team. Ten Hag, who joined United in April 2022, leaves after leading the club to two significant domestic triumphs, including the Carabao Cup in 2023 and the FA Cup in 2024. This development comes in after the club suffered another damaging defeat under ten Hag as Jarrod Bowen's penalty in stoppage time gave West Ham a 2-1 win on Sunday. It is to be noted that United slip to 14th position in the Premier League table, with just three victories of their opening nine games.

Subscribe to enjoy similar stories. NEW DELHI : The festive season brings joy and an inclination to start new things. People love to make new purchases or start fresh investments around Diwali.

Different risks hit differently depending on where you’re sitting.  For the M&A and advisory franchises of the big banks, the second half of 2024 is looking like one to forget.  Every time the market looks like opening up again, something happens, and the long awaited return of the financial sponsors clients gets postponed for another quarter.  In two weeks’ time there are going to be Presidential elections, with a decent chance that uncertainty and litigation will drag on for a while after.  And then it’s December, when no deals ever get done; the revenue year has all but finished.

There is justifiable excitement at Barclays this morning. After the bank announced a set ofthird quarter results that were better than expected, Barclays' shares initially rose 3.8%, to their highest level in nine years. 

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Subscribe to enjoy similar stories. Apple needs all of its iPhones to sell well. But it really needs the latest crop to succeed if the world’s most valuable tech giant is going to secure a foothold in the artificial-intelligence race.

Hitesh Doshi, Chairman & MD, Waaree Energies, says ALMM is one of the non-tariff barriers which is helping to promote Make in India. Just by bringing ALMM in for a short span, Indian module manufacturing capacity has increased and our exports have also increased. Doshi believes that this will not be restricted only to the module and in the coming days, we will see that more such things are coming for the entire value chain where the Waaree is also planning to expand in all these areas. You did this fundraiser to support the capex, but you are not alone in that. A lot of conglomerates right from Tatas to Adanis have announced their capex in this sector. Do you anticipate a threat of a supply glut if not immediately, maybe three to five years out? Hitesh Doshi: Of course, there is a huge demand which we had discussed in the last interview and this demand we also discussed right from 500 gigawatt of the present mission, as well as hydrogen, batteries, so all this we will need a huge supply chain. So, Waaree is going as per the plan, but it is not going to meet the entire requirement of the country. Apart from this, globally people are looking for India as a second supply chain. So, personally, I do not see there is going to be a glut or all that. This is the need of the hour and we will need this.

Subscribe to enjoy similar stories. The Open Network for Digital Commerce (ONDC), the government’s initiative to give customers a wider choice in the e-commerce space, is gearing up to roll out a new initiative to deliver groceries and other items within 30 minutes to two hours as quick commerce grows in popularity in the country.

Subscribe to enjoy similar stories. AFTER DECADES of shadow war between the Jewish State and the Islamic Republic, in the early hours of October 26th Israel carried out its first officially acknowledged attack on Iran. Dozens of warplanes flying at least 1,300km from their bases in Israel launched missiles against air-defence facilities and missile factories in three Iranian provinces, including on the outskirts of the capital, Tehran.

V Vaidyanathan, MD & CEO, IDFC First Bank, says the microfinance sector's delinquency has been going up and other than IDFC First, other banks have also been affected. The good thing is IDFC’s delinquency as compared to the rest of the industry, is much less. SMA or pre-NPA is only 2.5% as compared to 3.5% to 4% or maybe 2.7% to 4% for similar banks. Also, now 50% of the portfolio is insured and it will reach 75% by March ‘25. Vaidyanathan also says that they have taken a big write-off on an infrastructure loan candidate who used to collect tolls from cars entering and leaving Mumbai. As the government has announced that no toll will be levied, this company was in dire straits. From next quarter, the name of this account will not be there anymore. Good comes with the bad and for the quarter gone by, there is a lot of good, but there is a lot of bad also. What shall we start with? V Vaidyanathan: We should start with the bad because people will want to hear what really happened this quarter and we need to explain.

Ambuja Cements said in a press release on Monday. «Strong infrastructure demand and ongoing needs from the housing and commercial sectors are anticipated to boost cement demand in H2 FY 2025,» Ambuja Cements' press release said, which was posted with the company's Q2FY25 earnings. The rollout of the Pradhan Mantri Awas Yojana (PMAY) Urban Housing 2.0, which includes an allocation of ₹11 lakh crore is expected to benefit the sector as well, the cement producer said.

Cyient, on Monday announced the acquisition of a 27.3% stake in Azimuth AI, a fabless custom ASIC company, for a consideration of $7.25 million. The strategic investment will expand Cyient’s capabilities across the semiconductor industry, said the Hyderabad headquartered firm in an exchange filing. This is the third such M&A deal entered by Cyient this month.

«We exited a lot of the risk to outside the system, outside economic systems, I should add. So, in other words, it is much more in the politics, in polarisation, in geopolitics,» says Viktor Shvets, Macquarie Capital. Nikunj Dalmia: Let me start with a very basic question. What is your view of the world given that there are so many permutations and combinations which are there. US interest rates are likely to go down. China is stimulating their economy. There is a problem in Middle East and yet India seems to be slowing down. So, there are a lot of trends within trends when it comes to the global setup. Viktor Shvets: Well, my view of the world has not changed that much over the last four or five years. Effectively, the way I look at the world as in a twilight. We no longer have recessions. We no longer have recoveries. There is nothing to recover from. We live in a twilight somewhere between recessions and growth. Global growth rates are getting shallower and IMF is correctly highlighting that we are growing 50, 100 basis points less than we used to. But at the same time, we do not have the bad things. We do not have spikes in bankruptcies. We do not have spikes in bad debts.

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