In September, Britain's iconic Old War Office (OWO) of Prime Minister Winston Churchill which was frequented by James Bond creator Ian Fleming, opened its doors to the public as a luxury hotel - Raffles London at the OWO- for the first time since its completion in 1906. It was acquired by the Hinduja group in 2014, and the uber-premium destination was completed post more than eight years of renovation. Moneycontrol's Ashwin Mohan speaks to Sanjay Hinduja, Gulf Oil Chairman - watch!
A mass shooting left multiple people dead in the city of Lewiston, Maine on Wednesday evening, about 35 miles north of the state’s largest city, Portland. Eyewitness video from one location showed people running away, and ambulances arriving. Authorities said a “person of interest” was at large, armed and dangerous, warning people there to shelter in place
Russia successfully tested its ability to deliver a massive retaliatory nuclear strike by land, sea and air. A display of force which coincides with Moscow de-ratifying a landmark nuclear test ban treaty. Moscow says revoking the treaty’s ratification will line it up with Washington’s stance. A de-ratification bill was unanimously passed in Russia’s upper house of parliament on Wednesday.
Canada's opposition and Conservative Party leader Pierre Poilievre has slammed Prime Minister Justin Trudeau of being incompetent amid worsening diplomatic relations with India. Speaking to Namaster Radio Toronto, Poilievre said that he would "improve relationship with the world's largest democracy", if he becomes the PM. Watch to know more!
Unverified reports indicate that Putin collapsed in his bedroom after suffering a cardiac arrest on October 22. Reports also suggest that the 71-year-old Russian leader had to be resuscitated and taken to a special intensive care unit after security heard him falling on the floor. So, what did Kremlin say on this? Watch to find out.
On 17 October 2023, China completed 10 years of its Belt and Road Initiative. After completing a decade, the country has announced plans to make BRI smaller and greener. Xi Jinping has promised to stop coal power plants and push green infrastructure. But does China have the plans to execute it? Watch this video to find out
Canada's Foreign Minister, Melanie Joly, has expressed strong disapproval of India's decision to revoke the official status of Canadian diplomats, labeling it as "unreasonable and unprecedented" and a violation of the Vienna Convention on Diplomatic Relations. Joly also clarified that due to concerns regarding the safety of Canadian diplomats, the government has actively supported their departure from India. India, on the other hand, has removed a minimum of 41 Canadian diplomats from its territory, justifying this move by citing the state of bilateral relations, the notably higher number of Canadian diplomats present in India, and their continued involvement in India's internal matters. India argues that this step is necessary to maintain a balanced and equitable diplomatic presence in New Delhi and Ottawa. Watch to know more.
Live: IRM Energy, Yatra Online, Blue Jet Healthcare: Your Weekly IPO Roundup With Prakash Diwan. Watch this live chat with Moneycontrol's Nickey Mirchandani.
Israel-Hamas War: The Rafah border crossing is in the spotlight as the conflict intensifies. Hundreds of thousands of Palestinians have headed towards south Gaza in recent days. The Rafah border in the south represents the only viable escape from Gaza and a lifeline to the outside world. Watch this video to understand why the Rafah border is essential to Palestinians
After talks with Israeli Prime Minister Benjamin Netanyahu and his war cabinet, visiting US President Joe Biden Israel had agreed to allow the opening of the Egypt-Gaza Rafah crossing for deliveries of food, water and medical supplies on the condition that the humanitarian assistance was not diverted by Hamas for its own use
U.S President Joe Biden arrives in Israel amid the tensions between Israel and Hamas. Addresses joint briefing with Netanyahu. Watch!
U.S. President Joe Biden will make a high stakes visit to Israel on October 18. With Biden's visit, Washington will covey a strong message to Iran and Iran-backed proxy groups active in the region. US has shown its strong solidarity with Israel. U.S. Secretary of State Antony Blinken also held nine hours of negotitations and said that US and Israel have agreed to develop a plan for aid to go inside Gaza.
After the Israel-Hamas conflict started, gold prices have indeed risen by just over 5 percent on the MCX, primarily due to increased interest from investors seeking a safe haven. But how much of this gain has been led by safe-haven buying? What's next for the metal which has gained 17.45 % since October last year.. Catch Manisha Gupta in conversation with Amit Goel, Chief Global Strategist at Pace360 as they discuss what's next
Supreme Court Live: India's highest judicial bench at SC will deliver the verdict today on the same-sex marriage case.
On 7th October Hamas launched an attack on Israel that killed thousands. But the Israel-Arab Conflict dates back to the 1897. From pre Christian era this tiny land has been over run and its people enslaved by Egyptians, Babylonians, by Romans, and the Ottoman Turks. In this video we trace the history starting from the first ever conflict. How was Israel created? And when we take a look back at history, how many times were Palestanians and Israelis attacked? Watch as Latha Venkatesh explains.
US President Joe Biden has said that it would be a “big mistake” for Israel to reoccupy Gaza, but that Israel “has to respond” and “go after Hamas” after last week’s terror attacks. Biden noted that “the extreme elements of Hamas did not represent all the Palestinian people." Israel military had issued an evacuation deadline for the people in Gaza ahead of their ground offensive. An estimated 1.1 million residents of northern Gaza – amounting to almost half of Gaza's 2.3 million-population were directed to move south. Watch to know more!
Israel and Palestine have been in a conflict for myriad reasons for decades now. The Two-State solution suggest by the United Nations in 1974 is backed in the international community as the most feasible option to resolve the underlying issues. Watch to know more.
At least four people have died and over 70 injured after 21 coaches of Delhi-Kamakhya North East Express train derailed near Buxar, Bihar on 11 October. Watch to know more.
World Bank President Ajay Banga speaks at a plenary session of the Annual Meetings in Marrakech, Morocco. The World Bank IMF 2023 Annual Meetings will focus on possibilities and measures that can be taken to end poverty and global challenges.
Amid the ongoing Israel-Hamas war, India has launched 'Operation Ajay' to repatriate Indians from Israel. Union External Affairs Minister S Jaishankar announced that the Government will assist citizens who wish to return from Israel. Watch to know more about Operation Ajay.
Indian Prime Minister Narendra Modi inaugurates the 9th G20 Parliamentary Speakers' Summit (P20) on 13 October 2023 at Yashobhoomi, New Delhi. The summit is being hosted by the Parliament of India under the broader framework of India’s G20 Presidency.
How did Mossad, Israel's master spy intelligence agency fail to prevent the attack? Despite having the best intelligence agencies out of all the nations in West Asia, how did Israel remain unaware of the attacks launched by Hamas? Hamas' militants broke through the border fences at multiple positions, paraglided into the territory and rampaged through the Israeli colonies. These attacks by Hamas left thousands dead & many wounded. Watch to find out.
US President Joe Biden denounced Hamas’ attacks as terrorism and said the United States stands with Israel. The death toll from the ongoing violence between Israel and Hamas has surpassed 1,800, with over 1,000 killed and 2,700 injured in Israel and at least 830 people killed and 4,250 injured in Gaza, according to Palestinian and Israeli health services.
With the Israel-Hamas war spilling into day 3 and Israel PM Netanyahu warning of a 'long and difficult war', India will have to be agile and balanced in its approach and work towards ensuring that the war does not spill to Iran. Geo-political and economic experts concur that higher oil prices, coupled with El-nino could put stress on India’s finances and policy decision. Watch this discussion.
Wall Street’s main indexes reversed early declines to close higher on 9th October 2023, as investors digested the latest news on the war between Israel and the Palestinian Islamist group Hamas. The Dow and S&P 500 each climbed about six-tenths of a per cent, while the Nasdaq rose roughly four-tenths. Energy and defense companies were rallying while shares of airline stocks dropped.
The market failed to extend the momentum seen last week and wiped out all the previous two days' gains on October 9, especially after conflict escalated between Israeli and Palestine, which ultimately boosted oil prices in the international market. The Nifty50 has managed to defend 19,500-19,450 area amid volatility and selling pressure, which if it holds in coming sessions then the resumption of upward rally towards 19,600-19,800 will be seen again, whereas the crucial support for the index remains at 19,300 levels, experts said. The BSE Sensex declined 483 points to 65,512, while the Nifty50 climbed 141 points to 19,512. On the broader markets front, the Nifty Midcap 100 and Smallcap 100 indices were down 1.3 percent and 1.8 percent, respectively, on weak breadth, while the volatility index, India VIX jumped sharply by 12.11 percent to 11.40 levels, giving discomfort for bulls. This morning global cues are positive with US markets clocking in gains overnight as Fed members signal caution over future rate hikes. Asia is off to a strong start with the GIFT Nifty hinting at a start above the 19,600 mark. Meanwhile, stock in focus today are Dr Reddy’s as arm faces anti-trust complaint in U.S. over cancer drug Revlimid. Also in the spotlight will be Mazagon Dock, Genus Power and Phoenix Mills. Catch Nandita Khemka in conversation with Sacchitanand Uttekar, VP- Research (Derivative’s & Technical), Tradebulls Securities and Sandeep Raina, Executive Vice President- Research, Nuvama Professional Clients Group.
Over 2,900 were wounded as the war between Israel-Palestine escalates to third day. Israel escalated measures against the Hamas-controlled Gaza strip to a complete blockade.As the war escalates, many world leaders expressed support for Israel on social media and condemned attacks by Hamas. What are the global reactions to the war and how are markets reacting to the war announcement? Moving onto India, where the Earnings season is about to kick off. India's largest IT services exporter, said its Board of Directors would consider a proposal for buyback of equity shares & will announce its quarterly earnings report on October 11. Moving onto trends sector, where India’s favourite sport Cricket might find a place in the LA olympics. For more latest updates across the globe watch today’s edition of Newspresso with Moneycontrol’s Stacy Pereira.
Oil prices up 4.5% after falling 8% last week. No supply impacted yet due to Israel-Hamas conflict. Catch Manisha Gupta in conversation with Peter McGuire, CEO—XM Australia as they talk crude only on Commodity Corner.
Afghanistan Earthquake: More than 2,400 people were killed, the Taliban administration said on October 8. According to the US Geological Survey, the earthquake hit the west of the country with one reaching a 6.3 magnitude. Earthquakes have led to massive destructive where thousand of homes have been destroyed. Watch to get more details on Afghan’s rescue operations.
Russian President Vladimir Putin on Thursday called the Canadian parliament’s standing ovations to honour a Ukrainian war veteran, who served in Nazi Waffen SS units “disgusting”, and said it showed Moscow was right to “denazify” Ukraine. Canadian Prime Minister Justin Trudeau last month formally apologised after the speaker of the Canadian House of Commons, Anthony Rota, praised 98-year-old ex-soldier Yaroslav Hunka in the chamber while Ukrainian President Volodymyr Zelenskiy was present. Rota said he had made a mistake and resigned. Watch to know what Putin said!
Brent crude fell below $85/bbl for the first time since August. This has caused demand worries. The crude's drop was followed by a plunge in gasoline after the U.S. data showed stockpiles surge and demand fall. Where is Crude headed? Will markets remain volatile? In an exclusive conversation, Peter McGuire, the CEO of XM-Australia joins Moneycontrol's Nickey Mirchandani in a conversation, he said he sees more upside for gold; continues to eye the dollar index and higher interest rates, he added that further hike or more consideration for fed rate hikes which could acts as dampener for equities. Ask traders to be very mindful of where interest rates and their impact as far as from an inflation standpoint. Watch!
On September 30, Muizzu, widely perceived to be pro-China, won the Maldives presidential election by defeating the incumbent Ibrahim Solih in a second-round runoff. What does his victory mean for India-Maldives relations? Watch to find out.
In today's edition of Newspresso, here are the stories that you need to look forward to. Oil prices fell about 2% on Thursday, extending the previous session’s losses of nearly 6%, as worries about fuel demand outweighed an OPEC+ decision to maintain oil output cuts. RBI will announce its monetary policy decision today. RBI is likely to maintain the status quo. Yesterday kicked off the first World Cup match in Narendra Modi Stadium Ahmedabad, but the match was met with empty stands. Fans expressed their sadness over the issue on social media, what did they have to say? Watch with Moneycontrol's Stacy Pereira to know more.
India has asked Canada to withdraw around 40 diplomatic staff by October 10 a ties between the two countries continue to worsen following a row over the killing of Hardeep Singh Nijjar, a Khalistani separatist. The government says the move is aimed at bringing parity between the diplomatic strength of the two countries. Watch for more
Wall Street finally saw some green! Stocks were aided by a retreat in Treasury yields. The Dow jones rose 0.39% and snapped a three-day losing streak. Moving onto India, where the Enforcement Directorate has summoned Actor Ranbir Kapoor as it probes the mahadev betting app case. Along with Ranbir Kapoor there are several other celebrities who are being questioned linked to Fairplay. And to one of the most exciting events for the year, ICC World Cup will begin today. For the latest updates across the globe watch today’s edition of Newspresso with Moneycontrol’s Stacy Pereira.
The 2023 Nobel Prize in Physics was awarded to Pierre Agostini, Ferenc Krausz, and Anne L'Huillier for their groundbreaking work in generating ultra-short light pulses of capturing rapid atomic changes. This innovation could potentially lead for improving disease detection through enhanced insight into atomic dynamics. According to the Nobel Academy, their research has given humanity new instruments to investigate the motion of electrons within atoms and molecules.
European Central Bank President Christine Lagarde Speaks At The 2023 Conference On Monetary Policy
Urban Extension Road 2 (UER 2) will reduce the travel time from north Delhi to IGI airport to 20 minutes. Addressing the Indian diaspora in Prague, Union Minister Nitin Gadkari said UER-2 will get operational in two to three months. So, what is UER 2 and how will it cut the travel time? Watch the video
Republican Vivek Ramaswamy vowed to end birthright citizenship of illegal immigrants in the U.S. As per data from 2019, there are over 11 million immigrants living illegally in the U.S. But what does the Birthright Citizenship law state? How many countries offer birthright citizenship? And how can one apply for citizenship in the U.S.? Watch.
Indian markets staged a smart recovery a day after clocking a 1 percent cut on September 28. Key indices managed to close the week only 0.2 percent lower. The Nifty settled 0.18 percent down at 19,638 and the Sensex was down 0.27 percent at 65,828 for the week. Within sectors, Nifty Realty and Nifty Pharma were the top gainers while IT and Consumer Durables were the top losers. Meanwhile, the broader markets remained buoyant with Nifty Midcap 100 and Nifty Smallcap 100 gaining 1 percent and 2.18 percent for the week, respectively. With the onset of October, market experts believe that the ‘sell on rally’ market construct is likely to change, pushing Nifty back towards the psychological 20,000 mark. This morning global cues are mixed with both Wall Street futures and Asian markets trading sideways to higher. The GIFT Nifty is hinting at open below 19,600. Meanwhile, today the market will react to September auto sales numbers and Vedanta’s announcement of a demerger into 6 listed entities. Also in focus will be RK Forgings after board approval to raise funds via QIP. 2 new listings to wath out for today – JSW Infra and Vaibhav Jewellers. Catch Nandita Khemka in conversation with Rakesh Arora, Managing Partner - Go India Advisors and Sacchitanand Uttekar, Tradebulls Securities.
Asia-Pacific stocks fell even after China’s manufacturing data bounced back to expansion territory. To top news from India, Bihar has become the first state to release data from a caste-based survey. What does the report indicate? Nobel Prize in Medicine was awarded to Katalin Karikó and Drew Weissman for enabling development of effective mRNA vaccines against Covid-19. In this edition of Newspresso with Stacy Pereira, we bring you these and more stories from across the globe.
Meta has unveiled its brand new Mixed reality headset-Quest 3. It is set to hit the markets on October 10, 2023 and comes with a set of significant changes. Watch to know more!
United States Presidential candidate Vivek Ramaswamy, who is currently travelling the length and breadth of the country to win the trust of the common man in different states, shared a video on X (formally twitter) where he was speaking to one of the Indian origin supporters in Tamil. Vivek proudly showed off his Indian roots. Watch for more!
Switzerland is home to more than half of the glaciers in the Alps. The glaciers in Swiss have suffered their second-worst melt rate this year after record 2022 losses. The glaciers haver shrunk their overall volume by 10% in the last two years. It means they lost as much ice in two years as in the three decades before 1990.
On Thursday, stock prices experienced an uptick as Wall Street aimed to recover from significant losses earlier in the month. This month and quarter have presented challenging conditions for stocks, with the Dow expected to conclude September down by 3% and the quarter by over 2%. Amid the diplomatic tensions between India and Canada regarding the killing of Khalistani terrorist Hardeep Singh Nijjar on Canadian soil in June this year, S Jaishankar, India's External Affairs Minister, has met with US Secretary of State Antony Blinken in Washington . The esteemed actor Michael Gambon, renowned for his depiction of Hogwarts headmaster Albus Dumbledore in six out of the eight Harry Potter films, has passed away at the age of 82. Catch Stacy Pereira as she brings your daily dose of Newspresso
The crude oil prices have experienced a significant increase, reaching a peak not seen in 10 months and surpassing $90 per barrel. This surge is attributed to the concerted efforts of Saudi Arabia and Russia to limit oil supply by withdrawing barrels from the market, resulting in a depletion of oil stocks. the Armed Forces (Special Powers) Act, known as AFSPA, was renewed for an additional six months in Manipur. The Bengaluru performances of comedian and TV show host Trevor Noah have been called off. Noah, initially scheduled to perform in Bengaluru on the evening of September 27th, made this announcement earlier on his social media platform, X. Catch Stacy Pereira as she brings your daily dose of Newspresso.
The US Federal Trade Commission has filed an antitrust lawsuit against Amazon. They say that Amazon is harming consumers by keeping prices high artificially, and also claims that the company is not letting rivals compete fairly. This in fact is not the first time the state has sued the online retailer - watch for more details
Indian equity market ended another lacklustre session on a flat note with a negative bias on September 26. Overall, the benchmark indices traded within the previous day's range and the trading range narrowed compared to the previous session, indicating the possibility of a sharp move on either side of the trade in the coming sessions. On the higher side, the Nifty may face resistance at 19,800, while in case of correction, it may get support at 19,600-19,500 levels, experts said. The BSE Sensex declined 78 points to 65,945, while the Nifty50 dropped 10 points to 19,665. The broader markets had a mixed trend, with the Nifty Midcap 100 index falling 0.2 percent and Smallcap 100 index rising 0.6 percent. This morning global cues are largely negative with Wall Street clocking steep losses and Asian markets trading fixed in early trade. GIFT Nifty, too, is hinting at a negative start. Among stocks in the spotlight are Vedanta, Infosys, Suzlon and Nestle. Two new listings to watch out for today: Sai Silk and Signature Global. Catch Nandita Khemka in conversation with Hemen Kapadia, Senior Vice President, Institutional Equity, KR Choksey Securities and Nirav R Karkera, Head - Research, Fisdom.
Wall Street falls sharply as its September slump gets worse. The Wall Street saw a sharp drop for stocks. The S&P tumbled 1.5% for its fifith loss in six days. Bollywood legend Waheeda Rehman to win India's most prestigious award, DadaSaheb Phalke Award. Catch Stacy Pereira live on Newspresso to know more.
India's External Affairs Minister S Jaishankar Addresses the United Nations General Assembly. Amid rising tensions between Canada and India, What will his speech convey? Watch Live.