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LIVE: Middle-East conflict raises fuel price concerns, says FM Sitharaman

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BS Web Team New Delhi
Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman

3 min read Last Updated : Oct 13 2023 | 11:00 PM IST

11:00 PM

EAM Jaishankar speaks to Saudi Foreign Minister on 'grave' situation in Middle-East

External Affairs Minister S Jaishankar on Friday spoke to his Saudi counterpart Prince Faisal bin Farhan and they discussed the situation arising out of the Hamas-Israel conflict. The phone conversation came two days after Jaishankar discussed the crisis with Foreign Minister of the United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan.

10:27 PM

Troops have entered Gaza to battle militants, destroy weapons: Israeli military

The Israeli military says for the first time that ground troops have been operating inside the Gaza Strip. In a statement on Friday, the army said troops had entered Gaza to battle militants, destroy weapons and search for evidence about the missing hostages held by Hamas.

10:11 PM

Govt to provide land to homeless people, says MP CM Shivraj Singh Chouhan

Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Friday promised to provide plots of land to the homeless people in the state so that houses can be built for them and they do not remain without shelter. He also said that his government's flagship 'Ladli Behna' scheme has enhanced the respect and honour of women in their house as their family members now treat them with dignity.

9:23 PM

Middle-East conflict raises fuel price concerns, says FM Sitharaman

Referring to the Israel-Hamas conflict, Minister Nirmala Sitharaman said, "The recent crisis in the Middle East, and concerns about fuel back again, are worries which many countries do hold and they have expressed as well." The G20 finance leaders are meeting on the sidelines of the International Monetary Fund and World Bank annual meeting in Marrakech. India holds the rotating presidency of the G20, which expires in November.

8:59 PM

Noida airport: Runway, ATC to be ready by Mar 2024; 7,200 workers stationed

"The construction work of the runway at the airport is almost 70 per cent complete. The airstrip work is targeted to be completed by February-March 2024. Goyal also inspected the construction work of the terminal building being constructed at the airport, which is being done at a fast pace," the statement added.

8:29 PM

Ministry initiates investigation into two units' books, says Adani

Adani Enterprises on Friday said it had received communications from an office of India's Ministry of Corporate Affairs, which said it was initiating an investigation into the books of Adani units Mumbai International Airport Ltd and Navi Mumbai International Airport Ltd.

7:17 PM

Tata Motors to sell stake worth $194 million in unit to PE fund TPG

Tata Motors said on Friday it will sell a 9.9% stake in its unit Tata Technologies, which is set to go public, to private equity fund TPG Rise Climate SF for Rs 1,614 crore.

6:46 PM

India and Brazil target over three-fold rise in bilateral trade to $50 bn by 2030: Commerce Secretary

India and Brazil are looking at an "aspirational" target of increasing the two-way trade by over three-fold to $50 billion by 2030, Commerce Secretary Sunil Barthwal said on Friday. He was in Brasilia from October 1 to 4 to discuss ways to promote trade between the two countries. He chaired the sixth meeting of the India-Brazil Trade Monitoring Mechanism (TMM).

6:15 PM

Coca-Cola India's spending on brands expected to be highest in H2

Though the company has not shared the quantum of spending but said it is a "big part of overall investment" that they are going to make during the ICC World Cup, which provides "a very big platform" for their business expansion, Coca-Cola India and South-West Asia Vice President, Marketing Arnab Roy, said.

5:49 PM

Excise policy case: HC seeks ED stand on Sanjay Singh’s plea against arrest

Justice Swarana Kanta Sharma asked the ED to file its response to the petition and listed the matter for hearing on Tuesday morning.The counsel appearing for the Rajya Sabha MP said due procedure was not followed when he was arrested by the investigating agency without any prior summons or notice in the case.

5:44 PM

US will make sure Israel has what it needs to defend itself, says Lloyd Austin

5:42 PM

Mizoram assembly polls: BJP appoints union minister Kiren Rijiju as election incharge

5:22 PM

Telangana assembly polls: Congress leader Rahul Gandhi arrives at AICC headquarters to attend CEC meeting

4:42 PM

Vivo PMLA case: ED seeks 10-day extension of custody of 4 accused

The Enforcement Directorate (ED) on Friday sought extension of the custody of four people arrested in a money laundering case against Chinese smart phone maker Vivo, including the managing director of Lava International mobile company and a Chinese national, by 10 days.

4:29 PM

US defence secretary Lloyd Austin arrives in Tel Aviv to meet senior Israeli leaders

US Defence Secretary Lloyd Austin arrived Friday in the Israeli city of Tel Aviv to meet with senior government leaders and see firsthand some of the US weapons and security assistance that Washington rapidly delivered to Israel in the first week of its war with the militant Hamas group.

Referring to the Israel-Hamas conflict, Minister Nirmala Sitharaman said, "The recent crisis in the Middle East, and concerns about fuel back again, are worries which many countries do hold and they have expressed as well."

Adani Enterprises on Friday said it had received communications from an office of India's Ministry of Corporate Affairs, which said it was initiating an investigation into the books of Adani units Mumbai International Airport Ltd and Navi Mumbai International Airport Ltd.

Tata Motors Limited (TML) is selling a 9.9 per cent stake in its subsidiary Tata Technologies (TTL) for Rs 1,613.7 crore as part of its plan to de-leverage. TTL has been valued at Rs 16,300 crore or approximately $2 billion.

The International Olympic Committee (IOC) has accepted the inclusion of cricket in the Los Angeles 2028 Olympics, IOC president Thomas Bach announced after the IOC executive board meeting in Mumbai on Friday.

It is a unique confluence of various parliamentary practices from around the world. G20 presidency ensured festivities in India throughout the year, India landing on moon added to celebrations: PM Modi at G20 Parliamentary Speakers' Summit. He further added that India has a legacy of thousands of years of debates, deliberations; some of our over 5,000-year-old texts talked about such systems. 

An Air India flight carrying around 212 people from Tel Aviv has arrived in the national capital early morning on Friday. The flight, AI 1140, which has been chartered under Operation Ajay, left for Israel on Thursday. 

World Trade Organization chief Ngozi Okonjo-Iweala said she hoped the Israel-Hamas conflict could be ended quickly, warning it would have a "really big impact" on already weak global trade flows if it widened throughout the region. Okonjo-Iweala, in Morocco for this week's annual meetings of the International Monetary Fund and World Bank, said Middle East violence could add to factors throttling trade growth, including higher interest rates, a strained Chinese property market and Russia's war in Ukraine.

British Prime Minister Rishi Sunak has directed UK military assets to be deployed to the eastern Mediterranean to support Israel, reinforce regional stability and prevent escalation, Downing Street announced in London on Thursday. A Royal Navy task group will be moved to the eastern Mediterranean next week as a contingency measure to support humanitarian efforts and maritime patrol and surveillance aircraft will begin flying in the region from Friday to track threats to regional stability such as the transfer of weapons to terrorist groups.

Topics :Rishi SunakJoe BidenNarendra ModiRahul GandhiAmit ShahArvind KejriwalNirmala SitharamanIsrael-PalestineIndiaIndians evacuatedHamasGaza conflictWorld Trade OrganizationUKUnited StatesBJPCongressState assembly pollsmallikarjun khargeAAPParliamentInternational Olympic CommitteeTata MotorsMiddle EastG20 meets

First Published: Oct 13 2023 | 6:56 AM IST