United States president-elect Barack Obama has said he is prepared for immediate American involvement in the Middle East peace process. Obama, who takes over on January 20, said there could be delay in his election pledge to shut down Guantanamo Bay prison camps, but indicated reluctance to probe the charges that the previous administration eavesdropped and tapped the public at large.
The Reserve Bank of India's (RBI's) interest rate decision, West Asia conflict and trading activity of foreign investors are the key factors that will dictate investors' sentiment in the market this week, analysts said. Moreover, quarterly earnings from IT bellwether TCS, domestic macroeconomic data and movement in global oil benchmark Brent crude would also guide trends in the market. Worsening tensions in the Middle East and foreign fund outflows were the major culprits behind the equity markets sharp fall last week.
United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.
What despots and dictators, jammers and competitors, had not managed to do in 83 years -- what the Soviet Union had failed to counter during the Cold War; what China had failed to crush during the Tiananmen Square uprising -- a US President had succeeded with his own hand, notes Krishna Prasad.
Here is what you need to know about the year's Australian Open:
Noting that Israel is not interested in escalation of situation in the Middle East, country's Ambassador to India Reuven Azar said on Saturday that Israel defence forces attacked military targets in Iran 'in a very precise way' and that 'there is a price to pay when you attack the state of Israel'.
India and China have made "some progress" in disengagement, External Affairs Minister S Jaishankar said on Sunday, describing it as a "welcome" move which opens up the possibility that other steps could happen.
IL&FS, which has a mandate to sponsor, develop and commercialise infrastructure projects and provide value-added financial services, will seek to provide a wide range of investment banking services to cater to the needs of Indian and international customers in Middle East and African markets.
'The US has agreed to negotiate with us a mutually beneficial bilateral trade agreement, which will go for reduction of tariffs on both sides so that our trade can grow.'
Prime Minister Benjamin Netanyahu issued a warning to Iran's Ayatollah regime and asserted that those who target Israel will face consequences and that no location in Iran or the Middle East is beyond Israel's reach.
President-elect Donald Trump promised his supporters and countrymen that he will act at historic speed to fix every single crisis facing the United States, on the eve of his inauguration. Trump told his supporters at the Capitol One Arena, which was full to its capacity of 20,000 for a 'Make America Great' victory celebration, that he will act with "historic speed and strength" and fix "every single crisis facing our country." He also outlined some of his plans for his first day in office, including halting the "invasion" of the US border and restoring border security measures, which he said will be the most "aggressive, sweeping efforts to restore our borders the world has ever seen."
'Saudi Arabia's standing internationally and in the West is going to take a big hit even if MBS is dethroned.'
FIFA vice president Prince Ali Bin Al-Hussein has criticised soccer's world governing body FIFA for banning Iraq from hosting home internationals and called upon the organisation to do more for supporters in the Middle East.
India and Qatar on Tuesday agreed to elevate their relationship to a strategic partnership and double bilateral trade to USD 28 billion over the next five years. Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al-Thani signed agreements and MoUs to strengthen economic cooperation, including a revised double taxation avoidance agreement. The strategic partnership will cover the "entire spectrum" of the bilateral relationship, including trade, energy security, and regional and international cooperation. Both leaders also discussed ways to further strengthen and broaden the energy partnership, including "exploring mutual investments." The Amir's visit provided an "excellent opportunity" for the top leadership of the two countries to discuss and "cement a strategic partnership for enhanced future cooperation."
Modi lived up to his declaration that his visit was purely meant to strengthen India's relationship with the US, but there may be situations in which our silence on some issues will haunt us in the future, cautions Ambassador T P Sreenivasan.
Those who stay in other countries illegally do not have any legal right to be there, Modi said.
'The touchstone is reciprocity which will be applied to friends and foes alike.' 'It will be a bitter pill to swallow.'
Flights from Delhi or Bengaluru, while they may still fly over Iran, depending on the route, have alternative paths that may take them through Central Asia or northern routes.
A former US non-proliferation official has warned that South Asia and the Middle East are most likely to be the first point of a future nuclear attack.
Hezbollah appointed Shiite cleric Naim Qassem as its new leader on Tuesday, nearly a month after his predecessor, Hassan Nasrallah was killed in an Israeli airstrike dealing a heavy blow to the Iran-backed group, CNN reported.
The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough cargoes are available for March.
Over one million households in the Middle East region will have a television connected to the Internet by 2011, a provider of networking and storage products has said.
Earlier in response to Iran's rocket barrage on Israel on Tuesday night the UN Chief had said, "I condemn the broadening of the Middle East conflict with escalation after escalation. This must stop. We absolutely need a ceasefire.."
The Iranian missile attack on Israel appears to have been defeated and ineffective, United States President Joe Biden said, hours after Tehran fired nearly 200 missiles at Israel.
Qaouk was a commander of Hezbollah's preventative security unit and a member of their executive council.
'A less tense US-China relationship would make Beijing less likely to provoke India -- including on the border -- in retaliation for its close defence ties with the US.'
Gold prices slumped for the second straight session by Rs 1,150 to Rs 78,350 per 10 grams in the national capital on Monday on frantic selling by stockists and retailers, the All India Sarafa Association said. The precious metal of 99.9 per cent purity closed at Rs 79,500 per 10 grams on Friday.
From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.
Indian airline companies are likely to announce the suspension of flight operations to and from Tel Aviv, Israel, amid rising tensions between Iran and Israel.
Dabur's pre-quarterly update for Q3FY25 disappointed the market with the share dropping by 3.9 per cent. Growth was slower than expected and inflation hit margins. The management said that the fast-moving consumer goods (FMCG) consumption in rural markets was resilient and continued to grow faster than in urban markets.
Investors' wealth on Monday surged Rs 4.21 lakh crore as markets bounced back after five days of fall. The BSE Sensex jumped 602.75 points or 0.76 per cent to settle at 80,005.04. During the day, it surged 1,137.52 points or 1.43 per cent to 80,539.81.
The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
FIFA is set to confirm the hosts of the 2030 and 2034 men's World Cups on Wednesday, with a three-continent, six-nation bid led by Morocco, Spain and Portugal to be awarded the former and the latter going to Saudi Arabia.
Most global as well as domestic brokerages are upbeat on India's largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. On the bourses, the TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.
Byju's audit firm BDO had suggested backdating of reports, which the company refused, and their resignation is more of optics, a top official of the edtech firm alleged on Saturday. Speaking on the resignation of BDO as its audit firm, Byju's CEO Byju Raveendran told PTI that the auditors are the first to know about insolvency proceedings but they did not inform about it to the court-appointed insolvency resolution professional (IRP). "They have asked us to do multiple backdating of reports.
'Why not ask for a change of leadership in Qatar, Bahrain or Saudi Arabia? Is there a constitution in Saudi Arabia? Are there elections in Saudi Arabia? Why no talk of democracy in these countries?' 'America said change the leader now, but is now ignoring the feelings of the Syrian moderate majority. Is that democracy,' asks H E Dr Riad Abbas, Syrian ambassador to India, in an interview to Cleo Paskal.
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