Crude oil futures surge to six-session high amid rising tensions in Middle East: S&P GCI
New Delhi [India], January 6 (ANI): Crude oil futures reached a six-session high on January 5, driven by escalating tensions in the Middle East, leading to concerns about potential long-term disruptions to Red Sea vessel traffic. According to S&P Global Commodity Insights (GCI), the decision by A.P. Moller-Maersk, one of the world’s largest shipping lines, […] Key Points
ThePrintOil prices rise over $1 on Middle East tensions
By Robert Harvey and Noah Browning LONDON (Reuters) -Oil prices rose over $1 on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East in an attempt to contain flaring Key Points
ThePrintIndian shares set to open lower on Middle East tension, US rate jitters
Indian shares are set to open lower on Wednesday, as intensifying conflict in the Middle East and worries of a prolonged high interest rate regime after a better-than-expected U.S. retail sales data hurt sentiment. Key Points
ReutersPower outage at Tucson affecting thousands, here is what you need to know
Tucson Electric Power is investigating a power outage affecting over 12,000 people in Tucson. The outage, caused by a storm, has left over 10,000 residents without power on the East side and in the Foothills. Restoration efforts are expected to take about two hours. Key Points
Economic TimesRussia's Indo-Pacific outreach from Japan to India
Russia has been keen on a bigger presence by India in the resource-rich Far East where Beijing is even making territorial claims. Moscow and New Delhi are also discussing the possibility of launching a trans-Arctic container shipping line and processing facilities along the Northern Sea Route (NSR), according to the Russian minister for the development of the Far East and Arctic, Aleksey Chekunkov. Key Points
Economic Times
Israeli retaliation to the Hamas massacre could spawn lone-wolf attacks
The Middle East is sitting on a powder keg. It is for states like Egypt, Saudi Arabia and UAE to stand up to Muslim Brotherhood-dominated states. | World News Key Points
Hindustan TimesOil climbs as tensions escalate in Middle East
By Florence Tan SINGAPORE (Reuters) -Oil prices climbed on Monday after a drone attack on U.S. forces in Jordan added to worries over supply disruption in the Middle East as Houthi rebels stepped up Key Points
ThePrintWar leaves Saudi prince Mohammed bin Salman’s dream of a new mideast in tatters
While Europe is dealing with the impacts of Russias invasion of Ukraine, the war between Israel and Hamas is bringing the regions political fissures back to the forefront of everyones mind. That is complicating Prince Mohammeds efforts to focus the neighborhood on economic development rather than old feuds. Key Points
Economic TimesAsian shares hit 11-month low on Middle East anxiety, surging yields
By Stella Qiu SYDNEY (Reuters) - Asian shares plumbed a fresh 11-month trough on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields Key Points
ThePrintThe Middle East Is Biden’s Worst Crisis
The region is on fire because the U.S. bid for détente with Iran has utterly failed. Key Points
mintOil climbs as Middle East tensions fester
By Natalie Grover LONDON (Reuters) -Oil prices rose on Monday after a drone attack on U.S. forces in Jordan added to supply disruption concerns in the Middle East and Houthi militants stepped up Key Points
ThePrintOil jumps over 2% on Middle East strife and US rate cut hopes
By Alex Lawler LONDON (Reuters) -Oil jumped over 2% on Tuesday to the highest in almost a month, supported by Middle East strife and investor optimism that the U.S. Federal Reserve would soon start Key Points
ThePrintUK: Indian student goes missing in East London, BJP leader urges EAM Jaishankar for help
Indian student GS Bhatia disappeared from East London since December 15, as shared by BJP's Manjinder Singh Sirsa on social media. Last seen in Canary Wharf, efforts by the Indian High Commission and Loughborough University have been urged to locate him. Sirsa posted Bhatia's documents and contact details, seeking help in finding him. Key Points
Economic TimesBihar: 2 trains canceled, 21 diverted as Delhi-Kamakhya North East Express derails in Buxar. Check full list here
Trains canceled and diverted after Delhi-Kamakhya North East Express derails in Bihar, 4 dead, more than 70 injured. 12506 Delhi-Kamakhya North East Express derails in Bihar, causing casualties and injuries. Key Points
mintMost parts of India to have cooler May; except East and east-central: IMD
Above-normal heatwave days are expected in most parts of Bihar, Jharkhand, Odisha, Gangetic West Bengal, East Uttar Pradesh, coastal Andhra Pradesh and some parts of north Chhattisgarh, East Madhya Pradesh, Telangana and coastal Gujarat during May. El Nino is a climate pattern that describes the unusual warming of surface waters in the eastern tropical Pacific Ocean. It is usually associated with deficient rainfall during the monsoon season in the country. However, about 40% of El Nino years in the past (1951-2022) were years with normal or above-normal monsoon rainfall. Key Points
Economic Times
6 arrested in connection with loot of arms from 5th India Reserve Battalion post in Manipur’s Imphal
A fresh wave of violence Tuesday left 2 dead and a junior commissioned officer among others injured in Imphal East district. Manipur has been seeing ethnic violence since May 2023. Key Points
ThePrintPM Modi's answer to China's Belt and Road is all set for its first discussion
The proposed infrastructure link that would connect India to Europe via the Middle East to counter a similar Chinese initiative. The concept, known as IMEC, aims to create a network of railroads, ships, gas pipelines and internet cables. Key Points
Business TodayNFL week 18 schedule: Football games to be impacted by winter storm
A winter storm has greatly impacted the regular season of the NFL during the weekend. Alerts have been issued surrounding the winter weather across the East Coast US. Here's everything to know more. Key Points
Economic TimesOil little changed as investors eye Middle East tensions, US rate cut
By Florence Tan SINGAPORE (Reuters) - Oil prices were little changed on Tuesday as investors focused on geopolitical tensions in the Middle East and optimism the U.S. Federal Reserve would soon start Key Points
ThePrint6 coaches of Delhi-Kamakhya North East Express derail near Raghunathpur station in Bihar's Buxar
Six coaches of the Delhi-Kamakhya North East Express derailed in Bihar's Buxar district. The incident occurred at 9:53 pm with no immediate information on casualties. Relief measures were promptly initiated, with medical teams and ambulances dispatched to the site. A temporary rake has been sent to transport passengers. Key Points
Economic Times/cloudfront-us-east-2.images.arcpublishing.com/reuters/EWTV7ZO24VPOZOAVCZSW2ZSTUQ.jpg)
Indian shares set to open weak as US rate fears, high oil prices weigh
Indian shares are set to open marginally lower on Monday, as rising U.S. rate concerns after strong jobs data and surge in oil prices due to military conflict in the Middle East weighed on sentiment. Key Points
ReutersMan lynched in Tripura on suspicion of being cattle lifter
A group of villagers detained Nandu Sarkar, a resident of East Chandrapur suspecting him to be a cattle lifter on Thursday morning. He was tied to an electric post and was beaten up by some villagers. Key Points
India TodayBypoll results 2023: Congress leads in Erode East, Bengal's Sagardighi, BJP ahead in Pune
The counting of votes in Pune’s Kasba Peth and Chinchwad, Erode East constituency of Tamil Nadu, Lumla in Arunachal Pradesh, Sagardighi in West Bengal and Jharkhand’s Ramgarh began at 8 am on Thursday (March 2). The Pune by-poll election in Kasba Peth and Chinchwad seats were held by the Election Commission of India on February 26 after the death of Bhartiya Janata Party (BJP) member of legislative Assembly (MLAs) Mukta Tilak and Laxman Jagtap. Bypolls were held on February 27 for the Erode East constituency seat in Tamil Nadu, Lumla in Arunachal Pradesh and Sagardighi in West Bengal were vacated after the demise of Thirumahan Everaa, Jambey Tashi, Subrata Saha. As far as Jharkhand’s Ramgarh is concerned, the seat fell vacant due to the disqualification of Mamta Devi, leading to bypoll. Key Points
India TodayOil steady as market eyes Middle East tensions, higher US crude stockpiles
By Jeslyn Lerh SINGAPORE (Reuters) - Oil prices were little changed on Thursday as the market weighed mixed drivers, eyeing tensions in the Middle East while digesting a rise in U.S. crude stockpiles. Key Points
ThePrintNestle plans tenth factory in India; investing to augment capacity of existing units
One of the areas that we do not have a representation of a factory is in the east. So, clearly, if you are able to get a good geography and locational fit, we would like to look at the East but at the moment, there are others in the valuation, Chairman & MD Suresh Narayanan said. Key Points
Economic Times
Explained | Why Mumbai’s cooler March may be a prelude to heat and heavy rain
An unusual anticyclone over the northern Arabian Sea in March has distorted regional wind patterns, setting Mumbai up to receive hot and humid winds from the rapidly warming Middle East in the coming months. This is also an El Niño year. Key Points
The HinduSouth East Central Railway Apprentice Recruitment 2024: Apply for 733 posts
South East Central Railway will recruit for Apprentice posts. Details here. Key Points
Hindustan TimesDelhi: 4 year-old raped at tuition centre in Pandav Nagar; People protest, vandalise cars
A four-year-old girl was allegedly raped by her tuition teacher's brother in East Delhi's Pandav Nagar, sparking protests in the area. The victim is undergoing treatment at AIIMS-Delhi after being referred from Lal Bahadur Shastri Hospital. Key Points
mintIndian diesel floods to Asia as Houthis imperil flows to Europe
Shipments of diesel from India to Europe hit a 2-year low due to Houthi attacks, diverting cargoes to Asia. Higher freight costs and refinery maintenance in Asia shifted trade economics in favor of sending cargoes east. No imports of diesel in EU, only one in UK. Arrivals of diesel-type fuel from India to Asian destinations surged. Key Points
Economic TimesOil steady as rate cut caution overshadows Mideast strikes
By Noah Browning LONDON (Reuters) -Oil prices were steady on Monday as a strong U.S. job report which curbed sharp falls last week dampened hopes of swift rate cuts, but a U.S. pledge to continue air Key Points
ThePrintOil slips as rate cut caution overshadows Mideast strikes
By Noah Browning LONDON (Reuters) -Oil prices slipped again on Monday as a strong U.S. job report which capped sharp falls last week dampened hopes of swift rate cuts, despite a U.S. pledge to Key Points
ThePrintWidespread rain, snow, and gusty winds threatening the eastern half of US
The eastern U.S. braces for a diverse storm system set to bring rain, snow, and severe weather. Key Points
Hindustan TimesBiden links India-Middle East-Europe Economic Corridor to Israel-Hamas war, says 'I'm convinced...'
Israel-Hamas war news: US President hints at India-Middle East-Europe Economic Corridor as reason for Hamas attack. According to reports, Israel-Hamas war can derail the peace deal between Israel, and Saudi Arabia. Key Points
mintExplained: Why did the Indian stock market plunge today?
The BSE Sensex slipped 825.74 points or 1.26% to close at 64,571 – the biggest single-day loss since July 1. Key Points
Hindustan TimesGold soars as investors bolt for safety from Middle East violence
The safe-haven dollar and Japanese yen edged higher on the Middle East uncertainty, with a blowout U.S. jobs report giving the greenback a further leg up. Key Points
Economic Times