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News18
8 hours ago
- Business
- News18
World News Live Updates: Report Details Hamas's System For Paying Salaries In Gaza
Live now From geopolitics to climate, tech to social change, News18 World live blog delivers real-time updates on what is the latest from around the globe News18 Stay informed with our World News Live Blog — your real-time window into global events. From major geopolitical developments and scientific breakthroughs to royal family updates and cultural milestones, we bring you fast, factual, and curated updates as they happen. Whether it's unfolding conflicts, diplomatic shifts, climate alerts, or key moments in international politics, our live blog keeps you ahead of the news curve. Designed for readers who want both speed and substance, this is your go-to source for staying connected with the world — minute by minute, headline by headline. Aug 07, 2025 09:16 IST Report Details Hamas's System For Paying Salaries In Gaza Hamas continues to pay its government officials in Gaza using what is described as a secret financial system, even as the territory faces widespread destruction and a tightened Israeli blockade, according to a report in BBC. This continued financial capability, which baffles many observers, is seen as a sign of the group's resilience and functional governance capacity. The system is believed to be an adaptation of historical financing methods, such as foreign funding, local taxation, and covert transfer networks like hawala. This ability to pay salaries is crucial for Hamas to maintain loyalty and operational cohesion, complicating both Israel's war aim of dismantling the group and future international reconstruction efforts due to concerns over fund diversion. Aug 07, 2025 09:16 IST Israel Faces Heightened Investor Scrutiny Amid Diplomatic Pressure Norway's sovereign wealth fund's 2024 exclusion of several Israeli companies over their ties to settlements underscores a trend of heightened financial scrutiny facing Israel amid its increasing diplomatic isolation, Al Jazeera says in a report. This divestment action by the world's largest sovereign fund, the Government Pension Fund Global (GPFG), is seen as setting a precedent that could pressure other institutional investors to conduct similar ethical reviews. The growing pressure on Israel's investment climate is compounded by significant diplomatic and legal challenges from 2024, including the International Criminal Court (ICC) prosecutor seeking arrest warrants for Israeli leaders and the formal recognition of Palestinian statehood by European nations like Spain, Ireland, and Norway. These developments are creating a potential 'chilling effect' on foreign direct investment and raising the reputational risk for companies associated with Israel. Aug 07, 2025 09:16 IST China Finalizes Merger Creating World's Largest Shipbuilder China is completing a merger between its two primary state-owned shipbuilders, China Shipbuilding Industry Company (CSIC) and China CSSC Holdings, to form the world's largest publicly listed shipbuilding company, according to a report in the South China Morning Post. The final trading day for CSIC's shares is set for next Tuesday, signaling the imminent completion of the consolidation. This strategic move is expected to enhance China's industrial competitiveness by optimizing capacity and efficiency, while also accelerating the modernization of its navy by streamlining the construction of advanced military vessels. The creation of this new entity is anticipated to intensify competition in the global shipbuilding market, particularly for established leaders like South Korea and Japan, and is viewed by the US as a significant advancement of China's strategic capabilities. Aug 07, 2025 09:16 IST Aid Cuts Fuel Health Crisis in Southwest Ethiopia, MSF Warns Health facilities operated by Médecins Sans Frontières (MSF) in southwest Ethiopia are facing an overwhelming crisis due to severe aid reductions, according to a report in Al Jazeera. The organization is struggling to manage a surge in infant malnutrition and malaria cases, impacting both local communities and thousands of South Sudanese refugees sheltered in the area. The situation is symptomatic of a broader, severe underfunding of Ethiopia's national Humanitarian Response Plan, placing immense strain on the country's health system and increasing the risk of social instability due to unmet basic needs. These aid cuts compromise the operational capacity of humanitarian groups and expose vulnerable populations to heightened risks of mortality and disease. Aug 07, 2025 09:16 IST European Court Ruling Hinders German 'Safe Country' Deportation Policy A recent European Court of Justice (ECJ) verdict will hinder Germany's plans to curb irregular immigration by complicating the designation of 'safe countries of origin' for deportations, according to a report in Deutsche Welle. The ruling emphasizes that asylum applications cannot be automatically dismissed based on a 'safe country' list and that each case requires an individual assessment of its specific circumstances. This decision comes as Germany faces rising asylum applications and intense domestic political pressure to accelerate deportations. The verdict is expected to slow down the asylum process, increase the strain on Germany's reception systems, and impact the implementation of the broader EU Pact on Migration and Asylum by reinforcing the legal right to individual assessment for all asylum seekers. Aug 07, 2025 09:16 IST Family Of Palestinian American Killed In West Bank Settler Attack Calls For US Intervention The family of Khamis al-Ayyad, a Palestinian American, is calling for a US investigation into his death following an Israeli settler attack in the occupied West Bank, according to a report in The Guardian. Ayyad died from smoke inhalation last week while trying to extinguish fires reportedly set by settlers who attacked the town of Silwad, near Ramallah. His brother stated that Ayyad fainted while fighting the blaze, which had engulfed homes and cars, and subsequently died en route to the hospital. The incident is highlighted amid a rising number of US citizens killed in the territory. Aug 07, 2025 09:16 IST Taliban Accused Of Weaponizing Judicial System To Oppress Women In UN Report The UN's independent investigator on human rights in Afghanistan, Richard Bennett, stated that the Taliban have 'weaponized' the country's legal and judicial system to oppress women, actions that could amount to 'crimes against humanity,' according to a report in AP. In a formal report to the UN General Assembly, Bennett noted that since seizing power in 2021, the Taliban suspended the 2004 constitution and other laws that protected women's rights, including those criminalizing gender-based violence. This systematic dismantling of legal protections has turned the judicial system into an instrument of oppression, further isolating the regime politically and severely hindering Afghanistan's socio-economic prospects by excluding half its population from public life. Aug 07, 2025 09:16 IST Japan Marks 80th Anniversary Of Hiroshima Bombing With Call For Disarmament Japan held a ceremony to mark the 80th anniversary of the atomic bombing of Hiroshima, with the nation's Prime Minister urging all countries to work towards nuclear disarmament, according to a report in BBC. The event, held on August 6, commemorates the first use of a nuclear weapon in history, which occurred in 1945. The call for disarmament comes amid heightened global geopolitical tensions and stalled arms control efforts, highlighting Japan's consistent advocacy for a nuclear-free world while it simultaneously remains under the security of the US nuclear umbrella. Aug 07, 2025 09:16 IST Tropical Storm Ivo Forms in Eastern Pacific, Threatens Coastal Mexico Tropical Storm Ivo formed on Wednesday in the eastern Pacific Ocean, with forecasters expecting it to impact Mexico's southwest coast with heavy rain and dangerous surf, AP says in a report. Located approximately 195 miles south-southeast of Acapulco, the storm registered maximum sustained winds of 40 mph. The National Hurricane Center in Miami predicts Ivo will move parallel to the coast and could strengthen to near-hurricane force by the end of the week. This development poses a risk of flash floods and mudslides for coastal communities and is expected to disrupt maritime shipping operations in the region. Aug 07, 2025 09:16 IST Migrant Group Marches North In Mexico Following Activist's Arrest Approximately 300 migrants, accompanied by a Catholic priest and escorted by police, began a walk northward from the southern Mexican city of Tapachula on Wednesday, AP says in a report. The march commenced one day after authorities arrested Luis Rey Garcia Villagran, a prominent migrant rights activist, on allegations of human trafficking. The group has stated their goal is not to reach the US border. The event has drawn a response from Mexico's President Claudia Sheinbaum. Aug 07, 2025 09:16 IST France Tightens Visa Rules For Algerian Diplomats Amid Deportation Row French President Emmanuel Macron has ordered the tightening of visa rules for Algerian diplomats, escalating a diplomatic row over Algeria's refusal to accept its nationals who have been ordered deported from France, according to a report in France 24. The move signals a significant deterioration in relations, which were already strained by France's recent recognition of Moroccan sovereignty over the disputed Western Sahara, a position that angered Algeria. This new policy is part of a broader push by the Macron government for stricter immigration enforcement and comes amid a backdrop of recurring historical tensions between the two nations. The visa restrictions could provoke reciprocal measures from Algeria and complicate France's strategic interests in North Africa, where Algeria is a key regional and energy partner. Aug 07, 2025 09:16 IST Media Groups Call For End To Forced Starvation And Journalist Killings In Gaza Al Jazeera Media Network, along with other organizations, has signed a joint letter demanding an end to the alleged forced starvation and targeted killings of journalists in Gaza, as per a report in Al Jazeera. The letter explicitly claims that media personnel are being starved to death 'deliberately, and in real time.' This action occurs against a backdrop of numerous warnings from UN agencies about a deepening famine and reports from the Committee to Protect Journalists (CPJ) highlighting an unprecedented number of journalist casualties in the conflict. The allegations, if substantiated, could constitute severe violations of International Humanitarian Law, which prohibits using starvation as a method of warfare and mandates the protection of journalists as civilians.
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First Post
2 days ago
- Business
- First Post
West Asia News Live: Australia's shift and Netanyahu's Gaza plan stir diplomatic storm
Welcome to today's West Asia Live Blog, where diplomatic turbulence, shifting alliances and rising geopolitical risk dominate the regional arena. Australia's announcement that it is moving toward recognizing a Palestinian state is sending ripples through West Asia, signalling a deepening global divide on the Israel-Palestine issue. As tensions escalate, Israel's internal and external political dynamics are under intense scrutiny: from controversial military service changes and mounting judicial battles to inflammatory rhetoric and potentially explosive policy proposals—including a reported plan to fully reoccupy Gaza. Meanwhile, the conflict's ripple effects are being felt as far as Serbia, where booming arms exports to Israel are reshaping its defence sector and diplomatic posture. In the Gulf and Eastern Mediterranean, countries like Egypt and Jordan are moving to deepen energy cooperation, highlighting another axis of regional realignment. And in Iran, the detention of a British couple adds to rising diplomatic strain with Western powers. Across these stories, the region's fragility is increasingly intertwined with global markets, energy flows and the balance of international power. Stay tuned for more as the day goes by: West Asia as it happens today West Asia News Live: Welcome to our live blog bringing you the latest developments from West Asia from key shifts in regional geopolitics, oil and energy markets, diplomacy, security tensions, economic reforms, civil movements and religious dynamics. Track the latest updates here
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Business Standard
2 days ago
- Business
- Business Standard
RBI MPC Meet August 2025: When and where to watch the rate decision live
The Governor of the Reserve Bank of India (RBI) Sanjay Malhotra will announce the Monetary Policy Committee's (MPC's) August meeting outcome at 10 am on Wednesday. Malhotra's address will be streamed live on the central bank's YouTube channel, X account, and its official website. The address will be followed by a press conference at noon. You can also follow live reports of the RBI's policy announcement on Business Standard 's RBI MPC Live Blog. When does the MPC meeting take place? The MPC meeting is held bi-monthly to decide the interest rates, and project inflation and growth estimates. The remaining MPC meetings for the financial year 2025-26 (FY26) are scheduled for September 29-October 1, December 3-5, and February 4-6, 2026. What to watch out for? The committee is likely to reduce the inflation forecast for FY26. In June, the MPC revised its FY26 Consumer Price Index (CPI)-based inflation forecast to 3.7 per cent, down from 4 per cent, citing benign food prices and a favourable monsoon. Retail inflation, as measured by CPI, eased to 2.1 per cent in June, down from 2.82 per cent in May. The June reading also remained well below the RBI's medium-term target of 4 per cent. What to expect from the August MPC meeting? Economists are split on the outcome of the August policy direction. According to a poll conducted by Business Standard, while 60 per cent of respondents said that the committee will maintain the status quo, at least 10 respondents predicted a 25-basis point (bp) rate cut. June 2025 RBI MPC highlights In the last MPC meeting held between June 4 and 6, the RBI MPC slashed the repo rate by 50 bps to 5.5 per cent, marking the third straight cut in 2025. The cash reserve ratio was reduced by 100 bps to 3 per cent, and the committee changed its stance from 'accommodative' to 'neutral'. What is repo rate, how will it affect you? The repo rate is the interest rate at which the RBI lends money to commercial banks. It directly impacts consumers because when the repo rate rises, banks often increase loan interest rates, making EMIs for home, car, or personal loans more expensive. On the other hand, a lower repo rate can reduce borrowing costs but may also lead to lower interest on savings and fixed deposits. The 50 bps cut in repo rate in June was followed by a 25 bps cut each in February and April, respectively. Before this, it was kept unchanged for 11 meetings in a row.
The Verge
28-07-2025
- Business
- The Verge
Chrome can now show you reviews of the store you're browsing.
Posted Jul 28, 2025 at 5:00 PM UTC Chrome can now show you reviews of the store you're browsing. Click the icon to the left of a URL and you can see a star rating and an AI-generated summary of details about the store. 'The description will cover topics like customer service, product quality, shipping, pricing and returns, helping you understand what to expect from your shopping experience at a glance,' Google says in a blog post. Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates. Jay Peters Posts from this author will be added to your daily email digest and your homepage feed. See All by Jay Peters Posts from this topic will be added to your daily email digest and your homepage feed. See All AI Posts from this topic will be added to your daily email digest and your homepage feed. See All Chrome Posts from this topic will be added to your daily email digest and your homepage feed. See All Google Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech
India Today
15-07-2025
- Automotive
- India Today
Tesla's India launch live updates: US EV giant set to open first showroom in Mumbai
"It was two months of grilling together with the Tesla team in deciding what colour scheme will go best and about 45 days for execution," said Neeta Sharada, Chief Architect, Tesla's first showroom in Mumbai. 'I have been fortunate to be part of Tesla's journey in India, starting with the first one in Mumbai. Its opposite to the Apple showroom, Apple has a very minimalistic look, the brief here for us was also to be minimalist, we have kept it on a very nice white backdrop with lovely light boxes displaying lots of Tesla images," said Neeta Sharada, Chief Architect, Tesla's first showroom in Mumbai. "To begin with, I warmly welcome Tesla to India. This isn't merely the launch of an experience centre, it's a powerful statement. A statement that Tesla has officially arrived, and done so in the right place, Maharashtra, and specifically Mumbai, which stands not only as the financial, commercial, and entertainment hub of the country but also as its entrepreneurial capital," said Maharashtra Chief Minister Devendra Fadnavis. Situated at the Jio World Drive in Mumbai's premier business hub, Bandra Kurla Complex (BKC), the 4,000 sq. ft. Tesla showroom will showcase the brand's electric vehicles and technologies. However, test drives and deliveries are not likely to be available at the outset. Good morning, Welcome to Auto Today Live Blog as we commence the coverage of Tesla's entry into the Indian automotive world. Stay tuned for live updates, insights, and all the latest information on the US-based EV giant's debut showroom in Mumbai's Bandra Kurla Complex (BKC).
