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From Oil reporting weekly loss to Iran hiding supreme leader Ayatollah Ali Khamenei as Israeli airstrike kills Hezbollah chief Hassan Nasrallah, here are today’s top stories.
Oil prices settled higher on Friday but fell on the week as investors weighed expectations for higher global supply against fresh stimulus from top crude importer China. Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude futures settled up 51 cents, or 0.75%, at $68.18. READ MORE
Israeli Prime Minister Benjamin Netanyahu, who vowed to fight Lebanese Hezbollah and defeat Hamas in the Gaza Strip while addressing the UN General Assembly on Friday, held up two maps showing India as ‘Blessing’ and Iran as ‘Curse’. The ‘Curse’ map showed Iran, Iraq, Syria and Yemen painted in black. Whereas, the ‘Blessing’ map showed Egypt, Sudan, Saudi Arabia, and India painted in green. READ MORE
The government on Saturday, September 28, removed the blanket ban on overseas shipments of non-basmati white rice and imposed a minimum export price (MEP) of $490 per tonne. Exports of non-basmati white rice have been banned since July 20, 2023, to boost domestic supply. READ MORE
Reliance Power Ltd’s board of directors is to consider a stake sale to raise funds in the company’s upcoming board meeting on Thursday, October 3, according to the company’s BSE filing on Friday evening. READ MORE
The Israeli military said that Hassan Nasrallah, the long-time leader of Hezbollah, was killed in an airstrike conducted on Friday. Hezbollah later confirmed the killing of its leader in the massive air attack on a densely populated neighbourhood of Beirut on Friday evening. READ MORE
Khamenei Moves to Safety: Iran’s Supreme Leader Ayatollah Ali Khamenei has reportedly been moved to a secure location due to concerns over potential Israeli airstrikes, multiple news media outlets have reported. This decision follows Israeli Army killing Hezbollah chief Hassan Nasrallah via an airstrike near Beirut. READ MORE
Chief Election Commissioner Rajiv Kumar on Saturday reviewed the poll preparedness for Maharashtra assembly elections and said that the election in the state will have to be completed before the term of legislative assembly ends. READ MORE
An FIR was filed against Finance Minister Nirmala Sitharaman on Friday for ‘extorting money’ through electoral bonds. The development came in the wake of a petition filed Adarsh Iyer of Janadhikar Sangharsh Parishad before a special court. READ MORE