An Adani Ports & SEZ statement said the company is closely monitoring the situation at its port, which is situated in the North - far away from the conflict zone
The Indian crude oil basket, a mix of Gulf sour and Brent sweet grades, averaged $93.54 a barrel last month
More than 5,000 rockets were fired from the Gaza Strip into Israel on Saturday, which the Hamas' armed wing said was the start of 'Operation al-Aqsa Flood'. What is al-Aqsa mosque?
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Escalation of violence may impact trade volumes, say experts
European Union Commissioner Oliver Varhelyi said Monday the bloc is suspending all payments immediately to the Palestinians because of what he called the scale of terror and brutality during the attacks of Hamas against Israel. The surprise announcement by Varhelyi came just hours after EU officials stressed that no EU money whatsoever was going to Hamas in the first place and that contacts had been frozen for 16 years. The EU considers Hamas a terror group. Queries about what the move entailed and whether it would hit all humanitarian aid to Palestinians were not immediately answered. Varhelyi said that as the biggest donor of the Palestinians, the European Commission is putting its full development portfolio under review, which he said amounted to 691 million euros. It was not immediately clear what funds were included and excluded. Varhelyi said the measures include that all payments (be) immediately suspended. All projects put under review. All new budget proposals... postponed
The Israel-Hamas conflict is expected to impact the trade of gems and jewellery between India and Israel, exporters said on Monday. Colin Shah, MD, Kama Jewelry, said the war can "adversely" impact Indian exports to Israel. Total gems and jewellery trade between India and Israel stood at USD 2.04 billion in 2022-23 as against USD 2.8 billion in 2021-22. "The war situation will further intensify the blow to the trade between Israel and its second-largest trading partner in Asia, India," Shah said. Mumbai-based exporter and founder chairman of Technocraft Industries India Sharad Kumar Saraf said the conflict may have an impact on Indian exporters in the short run. "But if the war escalates, things may get bitter for our exporters of that region," Saraf said. GTRI co-founder Ajay Srivastava stated that trade may be seriously impacted if operations at the three largest ports of Israel -- Haifa, Ashdod and Eilat are disrupted. Cut and polished diamonds constitute the highest exported
Here's a timeline of the moments of the world's most acrimonious conflict
More than two days after Hamas launched its unprecedented incursion from Gaza, the Israeli military said the fighting had largely died down for now
In an unexpected war between Israel and Hamas, the Hamas group penetrated the nation's defences and shot at regular citizens. Meanwhile, Israel has declared a 'state of war'
Israel says it has brought in special forces to try to wrest control of four sites from Hamas fighters in response to the militant group's unprecedented incursion into Israel. Israel formally declared war on Sunday and gave the green light for significant military steps to retaliate against Hamas for the surprise attack a day earlier. The Israeli military has tried to crush fighters still in southern towns and intensified its bombardment of the Gaza Strip. More than 1,100 people have been killed and thousands wounded on both sides. The fighting continued in several locations Monday morning. AUSTRIA TO FREEZE DEVELOPMENT AID FOR PALESTINIAN AREAS Austria's foreign minister says his country will freeze development aid for the Palestinian areas following the attack by Hamas on Israel. Foreign Minister Alexander Schallenberg told Oe1 radio on Monday that all development aid payments will be put on ice for now and that the affected funds are worth around 19 million euros (USD 20 ...
Adani Port and Special Economic Zone (APSEZ) on Monday said the company has taken measures to ensure safety of its employees in Israeli port of Haifa and all of them are safe. Israel witnessed an unprecedented multi-front attack by air, land and sea by Hamas, which rules the Gaza Strip, in its southern parts on Saturday morning. APSEZ in a statement said that the company remains fully alert and prepared with a business continuity plan that will enable it to respond effectively to any eventuality. "We are closely monitoring the action on ground which is concentrated in south Israel, whereas Haifa port is situated in the north. "We have taken measures to ensure safety of our employees and all of them are safe," spokesperson of Adani Ports and SEZ Limited said. Earlier this year, the Adani Group acquired the strategic Israeli port of Haifa for USD 1.2 billion. "At a time like this, our thoughts continue to be with the people of Israel," the statement said. According to the statem
According to the reports, there are about six to seven active, ongoing scenes of exchange gunfire between Hamas terrorists and Israeli soldiers
Iron Dome was created by Israeli firms Rafael Advanced Defense Systems and Israel Aerospace Industries with some support from the USA and became operational in 2011
Israel intensified its bombardments of the Gaza Strip on Monday after declaring war and vowing to destroy the military and governing capabilities of the enclave's Hamas rulers, as Israeli soldiers fought to secure the border and dislodge Gaza gunmen from areas of southern Israel. At least 700 people have reportedly been killed in Israel a staggering toll on a scale the country has not experienced in decades and more than 400 have been killed in Gaza. Palestinian militant groups claimed to be holding over 130 captives from the Israeli side. More than two days after Hamas launched its unprecedented incursion out of Gaza, Israeli forces were still battling militants holed up in several locations. As Monday began, the military said it was fighting Hamas in seven to eight places in southern Israel. Military spokesperson Richard Hecht said it was taking longer than expected to repel the incursion because there were still multiple breaches in the border, which Hamas could be using to b
The clash between Israel and Hamas, prompted by the militant group's attack on the Jewish nation, has left over 1,100 people dead. What is Hamas? Let us understand
Ten Nepali nationals have been killed and four others injured in Israel after the Palestinian militant group Hamas launched a wave of rocket attacks in the country's southern region, Nepal's foreign ministry said on Monday. Hamas carried out a barrage of airstrikes in Southern Israel on Saturday, killing over 600 people, including soldiers, and wounding more than 1,900. The Israel Defense Forces (IDF) in response launched multiple attacks targeting Hamas' key infrastructure. About 1,000 people have been confirmed dead in Israel and Gaza in the biggest escalation in decades between the two sides. In a press statement, the foreign ministry here said 10 Nepali nationals lost their lives in the recent attack by Hamas in Israel. Out of the 17 Nepali nationals working on a farm at Kibbutz Alumim, two safely escaped, four were injured and one is still missing, it said. "We have received the information of the sad demise of ten Nepali nationals from the site, where the Hamas had launched
Fighting continued in southern Israel early Monday after the government declared war and intensified its bombardment of the Gaza Strip in retaliation for a major surprise attack by Hamas. Special forces soldiers were brought in to try to retake four Israeli sites held by Hamas following its unprecedented weekend incursion, which officials said involved as many as 1,000 fighters. The militants blew through a fortified border fence and gunned down civilians and soldiers in Israeli communities along the Gaza frontier during a Jewish holiday. The rampage included an assault on a crowded music festival where authorities had removed about 260 bodies by Sunday. Israel struck back with airstrikes including one that flattened a 14-story tower that held Hamas offices. At least 700 people were reported killed in Israel and more than 400 in Gaza. Thousands were wounded and some 123,000 displaced people in Gaza were in shelters, the U.N. said. Here are some key takeaways from the conflict: WHA
The Israeli rescue service Zaka says its paramedics removed about 260 bodies from a music festival attended by thousands that came under attack by Hamas militants. The total figure is expected to be higher as other paramedic teams were working in the area. Video aired on social media and by Israeli news outlets showed dozens of festival goers running through an open field as gunshots rang out. Many hid in nearby fruit orchards or were gunned down as they fled.
West Texas Intermediate rose above $86 a barrel as a war-risk premium returned to markets. The combined death toll topped 1,100 as fighting headed into a third day