A car bearing the United Nations (UN) logo drives past rubble in the aftermath of Israeli bombing in Rafah in the southern Gaza Strip, on October 31, 2023. | Photo Credit: AFP The United Nations said several people have been killed and wounded in strikes on a UN facility in Gaza City, where hundreds of … Read more
In the latest war between Israel and Hamas, children were targets on both sides. Israel started its heavy bombardment of Gaza, a tiny Mediterranean land strip of 2.3 million people, on October 7 after Hamas, the Islamist militant group that runs the enclave, carried out an unprecedented cross-border raid, killing at least 1,400 Israelis. Of … Read more
After weeks of underperformance, shine in bullion returned as the first shot hit Israel and since then the price trajectory has largely been northwards with the crisis only deepening by each passing day. Experts remain bullish on the prospects of precious metals even as they pick their preference between gold and silver with a view … Read more
President Joe Biden swept into wartime Israel for a 7 1/2-hour visit Wednesday that produced a heaping dose of vocal support, a deal to get limited humanitarian aid into Gaza from Egypt, likely by the end of the week, and a plea for Israelis not to allow rage over the deadly Hamas attack to consume … Read more
Gold prices have seen a notable weekly gain of more than 3%, marking their first increase in four weeks. This surge is primarily attributed to ongoing geopolitical tensions, notably the recent conflict between Israel and Hamas. The surprise attack by Hamas on Israel has escalated the situation, leading Israel to declare war. The United States … Read more
Palestinians evacuate a neighbourhood in Gaza City as raging battles between Israel and the Hamas movement continue, on October 11, 203.. | Photo Credit: AFP More than 338,000 people have been forced to flee their homes in the Gaza Strip, the United Nations said, as heavy Israeli bombardments continue to hit the Palestinian enclave. “Mass … Read more
Mumbai: Indian equities weakened on Monday as heightened uncertainty over the Israel-Hamas conflict led to a flight of money, across global markets, to safe-haven assets such as gold and the US dollar. The surge in oil prices in the wake of the geopolitical tensions also soured sentiment among investors, already anxious about the persistent inflation … Read more
Major railway stocks like the Indian Railway Finance Corporation (IRFC), Rail Vikas Nigam Limited (RVNL), Ircon International, RITES, and RailTel Corporation of India fell up to 6%. Meanwhile, shipping stocks like Shipping Corporation of India (SCI), Garden Reach Shipbuilders, Mazagon Dock Shipbuilders, and Cochin Shipyard declined by up to 5% in the intraday trade. Palestinian … Read more
Shares of state-owned Oil India Limited (OIL) jumped nearly 8% to their 52-week high of Rs 318 on the NSE in Monday’s trade as international crude oil prices jumped more than $3 a barrel on Monday as the Israel-Hamas crisis deepened, raising supply concerns. Oil India shares were the top gainers in the Nifty Oil … Read more