Amid the escalating West Asia crisis, the disruption in the Strait of Hormuz is beginning to ripple through India’s real estate sector, sharply increasing construction costs, delaying supplies

HDFC Bank chairman resigns, stock tumbles
HDFC Bank’s part-time chairman, Atanu Chakraborty, resigned abruptly, citing differences over the bank’s governance and his ethics. The stock fell nearly 7%

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Israel acted alone against Iran's gas compound, Trump asked us to hold off on future attacks and we're holding that: Netanyahu

At least 47 people were injured on Saturday evening after an Iranian missile struck the southern Israeli town of Dimona -- famous for the dome-shaped structure atop its nuclear centre and popularly known as "little India", rescue services said.
Among the injured was a 12-year-old boy in serious condition after being hit by shrapnel, officials from the Magen David Adom (MDA) rescue services and local residents told PTI.
A woman in her 30s was moderately hurt by glass shards, and 31 others suffered minor injuries from shrapnel or were hurt after falling over while running to shelters, they said. Some 14 others were treated for acute anxiety at Soroka Hospital in Beersheba.
"The missile fell on a community building, and nearby older houses collapsed under the impact. Most of the people were in shelters, so they were not hurt badly, except for the young boy who stayed outside," a local resident told PTI.
The Israel Defence Forces (IDF) said it is investigating the failure to intercept

US Israel strike Iran

Press Trust of India

The combined market valuation of five of the top-10 most-valued firms eroded by Rs 1 lakh crore last week, with HDFC Bank taking the biggest hit.
Last week, the BSE benchmark Sensex dipped 30.96 points, or 0.04 per cent, and the NSE Nifty slipped 36.6 points, or 0.15 per cent.
"Markets ended the week on a largely flat note with a negative bias, reflecting underlying caution among participants. The tone remained positive during the first three sessions; however, a sharp decline on Thursday erased the gains, followed by a volatile final session," Ajit Mishra, SVP, Research, Religare Broking Ltd, said.
While HDFC Bank, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance and Hindustan Unilever were the laggards, Reliance Industries, Bharti Airtel, State Bank of India, Infosys, and Life Insurance Corporation of India (LIC) emerged as the winners.
The combined market valuation of the five firms eroded by Rs 1,02,771.87 crore.
HDFC Bank's valuation tumbled Rs 56,124.48 crore to Rs

HDFC Bank

President Donald Trump on Saturday said the US will "obliterate" Iranian power plants if it doesn't fully open the Strait of Hormuz within 48 hours.
Trump issued the ultimatum in a social media post whole he spent the weekend in Florida.
He said he's giving Iran exactly 48 hours to open the vital waterway or face a new round of attacks. He said the US would destroy "various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!"
Trump faces increasing pressure to secure the strait as oil prices soar.

Donald Trump, Trump

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115 saw their wealth increase, of which 60 were new faces, whilst 50 saw their wealth go down or stay the same, of which 15 dropped out entirely.

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47 injured after Iranian missile hits Dimona, Israel's key nuclear hub

Mcap of 5 most valued firms erodes by ₹1 trn, HDFC Bank biggest laggard

Trump threatens strikes on Iran if Hormuz not reopened in 48 hours