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2024-04-19 04:13:10| The Economic Times

Oil prices surged more than three percent in early Asian trade on Friday following unconfirmed reports of explosions in Iran, Syria, and Iraq, sparking fears of an escalation of the Middle East crisis. West Texas Intermediate jumped 3.66 percent to $85.76, and Brent rose 3.44 percent to $90.11. The reports come after a missile attack on Israel by Iran last weekend that Israel's army chief General Herzi Halevi warned would be met with a response.


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2024-04-19 03:50:00| The Economic Times

The United States on Thursday spoiled a long-shot Palestinian bid for full United Nations membership, vetoing a Security Council measure despite growing international distress over the humanitarian crisis in Gaza. The United States, Israel's main ally, has not hesitated in the past to use its veto to protect Israel, and did not hide its lack of enthusiasm for Palestinian UN membership in the weeks leading up to the vote.


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2024-04-19 02:48:54| The Economic Times

During the same quarter, in the previous year, the company had reported a profit of 358 crore. The insurer generated 18% growth in back-book surplus during the year.


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2024-04-19 02:10:05| The Economic Times

For instance, Adani Group increased its stake in Ambuja Cement from 63.15% to 66.70% in the March quarter by converting the warrants issued in October 2022. Aditya Birla Group increased its stake in Grasim by 31 basis points to 43.06% in the March quarter by subscribing to the rights issue.


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2024-04-19 02:00:16| The Economic Times

Adding to the sudden reversal in foreign buying interest in bonds is the rise in crude oil prices over the past few weeks due to concerns of tighter supply and a recent flare-up in Middle East tensions. A higher trajectory for crude oil prices imparts uncertainty to the outlook on India's inflation and trade deficit.


Category: News and Media

 

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