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Global markets brace for fallout amid escalating Israel-Hamas conflict

Market reaction in the past week has been relatively muted, though Israel's shekel currency took a big hit

Australia fines Musk's X platform $386,000 over anti-child abuse gaps

Most recently EU said it was investigating X for potential violation of its new tech rules after the platform was accused of failing to rein in disinformation in relation to Hamas's attack on Israel

Backlog at Israeli ports grows, country steps up shipping supplies

Around 13 ships - comprising cargo, container and dry bulk vessels - were currently moored inside Ashdod port, according to MarineTraffic data

MCA probes accounts of Adani Enterprises' Mumbai, Navi Mumbai airports

India's Ministry of Corporate Affairs had in February initiated another probe into the Adani Group's financial statements

Major US banks report rising profits, cautious on economic outlook

JPMorgan's profit jumped 35 per cent on the year-ago quarter, while Wells Fargo profit surged 60 per cent. Citigroup reported a more modest year-on-year 2 per cent gain

Crude oil prices surge on US sanctions, tight stockpile forecasts

Russia is the world's second-largest oil producer and a major exporter and the tighter U.S. scrutiny of its shipments could curtail supply

Israel puts 1.1 million in Gaza on evacuation notice, says report

Israel has said it will not lift its blockade until scores of hostages captured by Hamas are set free

Currency markets interventions not always 'black and white': RBI Governor

Reserve Bank of India Governor Shaktikanta Das was referring to the U.S. Treasury Department's regular foreign exchange report and similar research by the International Monetary Fund (IMF)

Bring back 80% of FX revenues, sell most of that: Russia tells exporters

President Vladimir Putin signed a decree this week mandating the reintroduction of capital controls for an undisclosed list of 43 exporting firms

Dollar edges higher after inflation data reinforces expectations on Fed

"Traders didn't really believe in the hot PPI for September until CPI yesterday reinforced it," Helen Given, FX Trader at Monex USA, said

India to push developed nations to become 'carbon negative' before 2050

India, which is resisting calls to commit to a deadline for phasing out its own use of coal and other fossil fuels, is set to make its proposal at the COP28 climate summit in Dubai later this year

Citigroup profit holds steady in Q3 as investment banking fees jump

The bank's trading unit also boosted revenue, while its division providing treasury and securities services to corporations brought in 12% more revenue

BlackRock clients pull $13 billion from long term investment funds

Adjusted net income rose 13% from a year earlier to $1.6 billion, or $10.91 a share, beating Wall Street's average estimate of $8.20. Revenue rose 5% to $4.5 billion

State-run banks to lower bond purchases as liquidity tightens: Officials

Bond yields have spiked since Oct. 6, when the central bank said it will keep monetary policy restrictive and sell bonds to manage banking system liquidity. Bond prices move inversely to yields

JPMorgan profit rises on interest income boost, First Republic purchase

Shares of the bank fell 0.7% in premarket trading

Gold set to mark best week in 7 months as markets price in end of Fed hikes

Spot gold rose nearly 1% to $1,886.40 per ounce by 0932 GMT. U.S. gold futures added 0.9% to $1,899.20

Waning demand for IT services hits hiring at majors Indian tech companies

Tata Consultancy Services, Infosys and HCLTech have seen employee headcount reducing in the second quarter as they reported weak results

IndiGo co-founder Gangwal in talks to buy 'sizable' stake in SpiceJet

IndiGo shares were up 0.9% in afternoon trading on Friday

India will not impose restrictions on laptop imports: Trade secy Barthwal

"India will not impose restrictions on laptop imports," Trade Secretary Sunil Barthwal told a press conference on Friday

HDFC Life Insurance Q2 profit rises 15.5% on strong premium growth

The Mumbai-based insurer's profit after tax rose to 3.77 billion rupees ($45.30 million) for the quarter ended Sept. 30, from 3.26 billion rupees a year ago, it said in an exchange filing