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“We are deeply concerned about the ongoing, intense escalation between Israel and Iran, which poses real risks to regional stability and security. We are ready to collaborate with all parties to reduce tensions... We must avoid provoking Iran and step away from this cycle of uncontrolled escalation,” said Russian Foreign Ministry spokesperson Maria Zakharova in a media briefing.
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India's two-wheeler market saw remarkable 22 per cent YoY growth in first half this year
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There can be no solution unless Israel and Palestine shed their extreme postures and work towards lasting peace
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The rise in the country's foreign exchange reserves to a record high of USD 704.88 billion on Friday has further strengthened the domestic currency, according to forex traders.
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Gold prices saw a slight increase on Saturday, with the cost of 24-carat gold reaching Rs 7,785.3 per gram in morning trading, reflecting a rise of Rs 120. Meanwhile, 22-carat gold was priced at Rs 7,138.3 per gram, up by Rs 110 compared to Friday.
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Empathy, morality and ethical education are crucial to avoid repeating humanity’s darkest chapters
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The continued outflow of foreign funds from capital markets and a stronger U.S. dollar put pressure on the Indian currency, according to forex traders. At the interbank exchange, the rupee opened at 83.91 and slipped further to 83.93 against the dollar, trading 11 paise lower than the previous session's close.
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The Israeli military did not immediately comment on the blasts, which occurred just hours after Israel announced it was expanding its war objectives, initially sparked by Hamas attacks on October 7, to include fighting Hezbollah along the Lebanon border.
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Israeli Prime Minister says country ready for any scenario even as Jordan makes diplomatic efforts to defuse tensions
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Tensions mount even as US rushes warships and fighter jets; Western governments urge their citizens to leave Lebanon
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Orders additional ballistic missile defence-capable cruisers, destroyers to European and Middle East regions amid escalating violence
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The escalating hostilities have the potential of dragging more players into the conflict with disastrous consequences for the global economy and supply chains.
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Though Iran says it does not want to be involved in a wider conflict, groups in its ‘Axis of Resistance’openly proclaim their solidarity with Palestinians
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Oil prices spiked last month following US-led strikes on Houthi targets in Yemen in response to repeated attacks on commercial ships in the Red Sea.
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The Israel-Hamas war has pushed the region to the edge of a much broader conflict
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The stability in the Middle East is important to India because large numbers of Indian diaspora work in the region
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Addressing an urgent Security Council meeting on Wednesday, he expressed concern that we stand on the edge of a perilous precipice, one that could potentially alter the course of the Israeli-Palestinian conflict, if not the entire Middle East region.
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Investors stayed on the sidelines and refrained from taking risks amid uncertainty due to the Israel-Hamas conflict, analysts said.
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The Israel and Palestinian territories are not oil producers, but the Middle Eastern region accounts for almost a third of global supply.
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India along with the US and several major economies on Saturday announced an ambitious India-Middle East-Europe Economic Corridor.
