Thursday, 3 October 2024 () Today, the Indian stock market saw significant losses, erasing around ₹6 lakh crore in investor wealth as both the BSE Sensex and NSE Nifty dropped by approximately 1%. This sudden decline follows a period of rally and can be attributed to several critical factors: 1. Geopolitical Instability: The ongoing Middle East conflict, particularly between Israel and Lebanon, has created uncertainty in global markets. Investors are turning to safer assets, causing equity markets to dip. 2. Rising Oil Prices: As a major crude oil importer, India is feeling the pressure from increasing oil prices, which have surged due to concerns over potential supply disruptions from the conflict. Brent crude futures rose […]
A representative for the UN's refugee agency told Euronews that Europe could be seen as a refuge amid fears of a growing humanitarian catastrophe in the Middle East, prompted by the conflict between Israel, Iran, Lebanon and Hamas.
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A business minister said that the government is working "at pace" to speak with Israel in an attempt to de-escalate the increasingly tense situation in the Middle East. Sarah Jones said that the..
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Thursday, 3 October 2024 ()
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