2 October 2024 -

Food supply to Gaza falls sharply as Israel introduces new custom rules

Food insecurity has been one of most fraught issues of the war that began after Hamas’s Oct. 7 attack on Israel last year. | Image: Bloomberg Food supplies to Gaza have fallen sharply in recent weeks because Israeli authorities have introduced a new customs rule on some humanitarian aid and are separately scaling down […]

F&O volumes hit record high of Rs 537 trn in Sept, but headwinds loom

2 min read Last Updated : Oct 02 2024 | 10:41 PM IST The average daily trading volume (ADTV) for the futures and options segment climbed to a new record high of Rs 537 trillion in September, rising 7.2 per cent on a month-on-month basis. The ADTV for the cash segment, however, fell nearly […]

Energy merchants use little known rule to reroute US cargoes of Brent oil

6 min read Last Updated : Oct 02 2024 | 10:41 PM IST Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used a little known rule to reroute U.S. shipments from Europe, in a practice that raises doubts over whether reforms to the crude price marker have […]

Ukraine’s military to pull out of Vuhledar in east after 2 yrs of fighting

2 min read Last Updated : Oct 02 2024 | 10:40 PM IST Ukrainian forces are withdrawing from the front-line town of Vuhledar, perched atop a tactically significant hill in eastern Ukraine, after more than two years of grinding battle, military officials said Wednesday. Vuhledar, a town Ukrainian forces fought tooth and nail […]

Adani’s airport project spark protests, lawsuits, hearings in Kenya

Many critics have pointed to the scandals surrounding the Adani Group’s dealings in other countries, particularly in India. | Image: Bloomberg 5 min read Last Updated : Oct 02 2024 | 11:10 PM IST By David Herbling, P R Sanjai and Helen Nyambura Billionaire Gautam Adani’s proposal to run Kenya’s main airport has sparked protests, […]

Explained: How Israel Might React To Iranian Missile Attack?

Washington: Israel’s pledge to respond to a massive missile strike from Iran has sent diplomats scrambling for ways to avert a full-blown regional war. AFP spoke with five experts about Iran’s calculations, Israel’s choices and fears of escalation. Why did Iran order missile strike? The Islamic Republic is seen as having suffered a series of […]

Can’t confirm report on nationalisation of energy companies: Kremlin

“No, I can’t confirm this. I have nothing to say about this,” Kremlin spokesman Dmitry Peskov told reporters. | Photo: Shutterstock 1 min read Last Updated : Oct 02 2024 | 10:28 PM IST The Kremlin said on Wednesday it could not confirm a report that Russia’s energy minister had put forward a proposal […]

“Keep My Name Out Of Political Battles”: Samantha To Telangana Minister

Actor Samanta Ruth Prabhu has issued a hard-hitting response to Telangana minister Konda Surekha’s comments linking Bharat Rashtra Samithi leader KT Rama Rao with her divorce. Calling the remarks a “trivialisation” of her journey as a woman and “misrepresentation” of facts, she said the minister should be “responsible and respectful of individuals’ privacy”. “My divorce […]

BlackRock chases private credit deals across sectors in record India market

2 min read Last Updated : Oct 02 2024 | 10:22 PM IST By Ameya Karve and Sharon Klyne BlackRock Inc., the world’s largest asset manager, is hunting for Indian direct lending opportunities in a broadening array of sectors from agriculture to hospitality as the nation’s booming private credit market lures more borrowers. […]

CCI approves Mankind Pharma’s purchase of Bharat Serums for $1.6 bn

The company, which debuted on the Indian stock exchanges in May last year, saw its market value cross $12.3 billion at the end of trading. | Photo: X@Pharma_Mankind 2 min read Last Updated : Oct 02 2024 | 10:18 PM IST By Advait Palepu India’s anti-trust regulator approved Mankind Pharma Ltd.’s Rs 13,630 crore ($1.6 […]