We got โน1.08 cr aide from govt: Kin of deceased Agniveer
The family's statement came after Defence Minister Rajnath Singh on Monday, July 1 said an Agniveer who lays down his life in the line of duty gets a compensation of โน1 cr
๐ฎ๐ณ ์ธ๋ ยท "CEASE" ยท ์ด 96๊ฑด
ํํฐ ๋ณด๊ธฐํ์ฌ ์ง์
50.0
0 = ๋ถ์ ์ฐ์ธ
50 = ์ค๋ฆฝ
100 = ๊ธ์ ์ฐ์ธ
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The family's statement came after Defence Minister Rajnath Singh on Monday, July 1 said an Agniveer who lays down his life in the line of duty gets a compensation of โน1 cr
The shares of metals major Tata Steel dropped nearly 3% on Friday after a fire broke out at the companyโs plant at Port Talbot in UK late on Wednesday, forcing the company to temporarily halt operations at part of the site.Large plumes of smoke were visible from the site and could be seen across the surrounding area, BBC reported, adding that emergency services remained at the scene on Thursday and were working to manage the incident.Tata Steel UK meanwhile said that all personnel were evacuated safely from the affected area. It added that the incident was not related to the safe and successful demolition of the empty, redundant gas holder earlier yesterday evening. The Mid and West Wales Fire Service attended the site while emergency services worked with local teams to completely extinguish the fire, the company further said.The 3.2 million tonne facility is transitioning to an electric arc furnace with an investment of ยฃ1.25 billion, with the help of aid from the local government. It is expected to be commissioned by the end of 2027. Tata Steel has completed major demolition work of the blast furnaces for the transition, and is currently working on fabrication and delivery of equipment.Also read: Tata Steel eyes 9% India sales growth this fiscalIn October 2024, Tata Steel ceased iron making operations at its Port Talbot site and temporarily paused steel manufacturing, pending the construction of a 3.2 MTPA electric arc furnace. What this means for Tata Steel share priceICICI Direct highlighted that the fire has reportedly been contained, although the extent of the operational impact is yet to be assessed. โWhile the incident is sentimentally negative, the UK operations contribute a relatively small share to Tata Steel's overall business, and hence the impact on the company's overall performance is expected to be limited. We await further clarification from the company regarding any operational disruptions or financial implications arising from the incident,โ it added.Tata Steel share priceTata Steel shares tumbled more than 3% to trade at Rs 204 apiece on Friday afternoon. The shares of the company have fallen around 2% in one week and 3% in one month. The stock is however up more than 12% in 2026 so far.In the longer term, Tata Steel shares jumped more than 29% in one year, 87% in three years and over 82% in five years. The company currently has a market capitalisation of more than Rs 2.55 lakh crore.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
At an event marking the 250th anniversary of American independence, Shehbaz Sharif described Pakistan-U.S. ties as a "true and special relationship" spanning nearly eight decades
Police are verifying missing persons complaints and coordinating with police stations across Chennai and neighbouring districts to identify the deceased
Oil prices saw a slight dip Friday as Middle East ceasefire hopes dimmed after Hezbollah rejected a US-backed proposal. Despite this, benchmarks are set for their first weekly gain in three weeks, buoyed by ongoing regional tensions and Strait of Hormuz disruptions. Conflicting signals from the region and declining global inventories are keeping investors cautious, suggesting continued price volatility.
The United States brokered a ceasefire between Israel and Hamas on October 10, 2025
Israel has killed at least 936 people since the ceasefire began.
Wall Street advanced on Thursday as โprogress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip selloff that held the Nasdaq's gains in check.The blue-chip Dow surged, hitting a record closing high with a boost from healthcare and financial stocks.The S&P 500 posted more muted gains, while the Nasdaq โended essentially unchanged. Chipmaker Broadcom โ missed revenue โ expectations, sending its shares tumbling and casting a pall over the AI frenzy, which has sent chip stocks soaring so far this year."About the only blemish โon the market at this point is Broadcom, and I think investors are buying the dip," said Paul Nolte, senior wealth adviser and market โstrategist at Murphy & Sylvest in Elmhurst, Illinois. "I don't think investors have given up on chips yet, but what they've yet to come to grips with, 'Is this real? Are these valuations legitimate?' I'm not sure yet that investors have really questioned that." The U.S. House of Representatives โpassed a measure on Wednesday that would block President Donald Trump from continuing โ the war on Iran. Additionally, โa U.S.-mediated ceasefire agreement between Israel and Lebanon, an essential condition of an Iranian agreement to โa peace deal, bolstered โoptimism of a near-term resolution to the war. But the truce was rejected by the pro-Iran Hezbollah, โ which said it would not withdraw troops from Lebanon.A drop in front-month crude โfutures reflected hopes that tanker traffic through the crucial Strait of Hormuz could shortly resume."How many โdeals have we had? It's always right around the corner, a corner we've yet to reach," Nolte added. "Things are moving, but are they moving at a pace that's going to allow the world to get back to what passes for normal in a few weeks, a few months, or maybe sometime next year?"On the economic front, initial jobless claims unexpectedly rose 6.1%, and first-quarter labor costs and productivity were revised sharply lower. A report from Challenger, Gray and Christmas showed layoffs announced by U.S. corporations jumped 11% in โMay to 97,006. Nearly 40% of those layoffs were attributed to AI.According to preliminary data, the S&P 500 gained 31.14 points, or 0.41%, to end at 7,584.82 points, while the Nasdaq Composite lost 19.72 points, โor 0.07%, to 26,834.26. The โDow Jones Industrial Average rose โ 875.09 points, or 1.73%, to 51,562.16.Chipmaker Marvell Technology gained, while Advanced Micro Devices, Micron Technology and Qualcomm lost ground on the day.The healthcare sector got a boost from UnitedHealth after Bank of America raised its rating on the healthcare conglomerate's shares to "buy."The financial index's rebound โfollowed a sharp selloff in the previous session due to revived concerns over private credit. Blackstone shares advanced after it became the latest asset manager to cap withdrawals from its flagship private credit fund following a rise in redemption requests. Cybersecurity firm CrowdStrike slumped after reporting an increase in quarterly operating expenses. An investor roadshow for Elon Musk-led SpaceX began on Thursday ahead of its market debut on June 12. It aims to raise $75 billion in a record IPO that would value it at $1.75 trillion.
Volodymyr Zelensky also proposed a face-to-face meeting with Vladimir Putin.
In a passionate address, Iran's Supreme Leader called for solidarity against the adversaries' schemes, emphasizing unwavering backing for the resistance front. He condemned Israel as a โcancerous growthโ on the regional landscape, suggesting its demise is imminent.
Trump is facing warnings from foes and allies alike that he's getting boxed in on the Iran war
According to the police, the deceased, a BA final-year student from Unnao who had also enrolled in a police sub-inspector coaching institute in Kanpur
Tehran: Iran's Revolutionary Guards denied responsibility on Wednesday for an attack on Kuwait's international airport that officials said left an Indian national dead and 63 people wounded."Our investigation and review into the Kuwait passenger terminal attack shows that the IRGC Air Force did not fire any shots at this target," said Guards spokesman Hossein Mohebi, according to the IRGC's official Telegram channel.He said that "the destruction of the Kuwait airport passenger terminal was caused by an error in the American Patriot systems, which landed on the terminal after failing to intercept Iranian missiles".The Guards earlier said they had targeted a different location, "the Ali Al Salem Air Base in Kuwait, which hosts helicopters" for the US.The attack on Kuwait's airport on Wednesday temporarily halted operations, but air traffic resumed later in the day with all Kuwait Airways flights operating again.The Gulf nation's ministry of defence said 30 ballistic missiles and drones were launched as part of the "heinous Iranian aggression", which caused "significant material damage to the building".The Indian foreign ministry confirmed one of its citizens was killed at the airport and condemned the strike."We again call on all parties to cease such attacks" on civilian targets, it said in a statement.An airport source told AFP the deceased was a traveller.Kuwaiti health ministry spokesman Abdullah al-Sanad said 63 people were treated for injuries "including head wounds, cerebral hemorrhages, amputations and injuries resulting from explosions".Kuwait's international airport was targeted several times during the war, and had only fully resumed operations on June 1.
Israel and Lebanon agreed Wednesday to implement a ceasefire.
Israel and Lebanon have agreed to renew a ceasefire and establish security zones in Lebanon, barring Hezbollah from these areas. This US-mediated deal hinges on a complete halt to Hezbollah fire and their withdrawal south of the Litani River, with the Lebanese army taking control.
Israel and Lebanon have agreed to renew a ceasefire and establish security zones in Lebanon, barring Hezbollah from these areas. This US-mediated deal hinges on a complete halt to Hezbollah fire and their withdrawal south of the Litani River, with the Lebanese army taking control.
The Israeli army's chief of staff has asserted that there is effectively no ceasefire in Lebanon.
Wall Street stocks pulled back from โrecord highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.All three major U.S. stock indexes closed in negative territory, dragged lower by financials and tech , with the small-cap Russell 2000 underperforming its larger-cap counterparts.Chips advanced, indicating the artificial intelligence โfervor is alive โ and well. โ Still, most of the Magnificent Seven group of AI-related megacaps were lower."The AI names are trading on their own completely separate world, largely oblivious to macro and geopolitical โrisk, at least within reason," said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. "And so there's going to be a bid for those โnames, especially on days where everything else looks a little bit less attractive."The S&P Software & Services index declined. It has been battered in recent months by fears of AI disruption.Middle East hostilities intensified as the U.S. and Iran traded a new round of air strikes, โthe latest test of a shaky ceasefire.Oil prices rose, adding to worries that upward โ pressure on energy prices โcould metastasize into broader, systemic inflation."This market continues to demonstrate a tug of war between fundamentals in the โU.S. economy, which โare incredibly positive, and concerns that the duration of the conflict in the Middle East will lead to โ downside risks," said Bill Northey, senior investment director at U.S. Bank Wealth Management, Billings, Montana. "Our โframework is centered around the duration of the closure of the Strait of Hormuz as โthe primary input to inflation expectations.""The longer the duration of that closure, the less likely the Federal Reserve will be able to ease in 2026," Northey added.In fact, financial markets are pricing more than a 40% likelihood of a rate hike at the conclusion of the U.S. Federal Reserve's December meeting, up from 9.1% one month ago, according to CME's FedWatch tool.New York Fed President John Williams reiterated his position that the central bank does not need to change interest rates despite upside inflation risks, stating monetary policy is "in the right place."Economic โdata suggested the labor market was stable, and the services sector continued to expand, but input prices remained elevated and corporate spending plans appeared soft amid rising energy costs and geopolitical uncertainties.The Beige Book, the Fed's โregional economic survey, showed economic โactivity gathered steam in recent โ weeks, employment was little changed, but the fallout from higher energy prices due to the war was pervasive.According to preliminary data, the S&P 500 lost 54.11 points, or 0.74%, to end at 7,555.67 points, while the Nasdaq Composite lost 230.97 points, or 0.85%, to 26,862.93. The Dow โJones Industrial Average fell 581.84 points, or 1.13%, to 50,725.95.Among chipmakers, Marvell, Intel, Qualcomm , and Sandisk outperformed.Asset managers dropped after Switzerland's Partners Group capped withdrawals from an $8.6 billion private equity fund. KKR, Blackstone, Blue Owl and Ares Management all lost ground.GameStop advanced after the original meme-stock posted a rise in quarterly revenue and unveiled a $2 billion share buyback program.Elon Musk's SpaceX plans to price its IPO at $135 a share to raise a record $75 billion, a source familiar with the matter told Reuters on Tuesday.Broadcom results were expected shortly.
An Indian national was killed in an attack on Kuwait International Airport on Wednesday, prompting the Indian Embassy in Kuwait to express condolences and assure support to the victim's family. The incident occurred during an Iranian missile and drone attack that targeted civilian facilities in Kuwait, including the airport, according to Kuwaiti authorities. In a statement posted on X, the Embassy of India in Kuwait said, โEmbassy of India in Kuwait expresses its deepest condolences at the tragic demise of an Indian national due to an attack on the airport in Kuwait today.โ The embassy added that it is in contact with the bereaved family and is coordinating closely with Kuwaiti authorities to provide all possible assistance to the family and those injured in the incident.โ indembkwt (@indembkwt) Kuwait airport strike causes damageKuwait said the attack caused significant damage to Terminal 1 of Kuwait International Airport and injured several people. Flights were temporarily diverted before operations gradually resumed after safety assessments. Kuwaiti authorities described the airport as one of several civilian sites targeted in the attack. The strike came amid heightened tensions in the Gulf region, with Iran launching missiles and drones toward Kuwait and other neighbouring states. US and regional forces reportedly intercepted several incoming projectiles, while some missiles failed to reach their intended targets. Embassy monitoring situation The Indian mission has been actively assisting Indian nationals in Kuwait during recent regional disruptions. The embassy said it remains engaged with local authorities as investigations and relief efforts continue. The identity of the deceased Indian national has not been officially released. Kuwaiti authorities have also not disclosed further details about the victim or the circumstances of the death.