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Newsletter | Israel-Hamas War: India flags concern over civilian casualties; Infosys shares trade ex-dividend & more
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Newsletter | Israel-Hamas War: India flags concern over civilian casualties; Infosys shares trade ex-dividend & more
Oct 25, 2023 2:25 AM

Here's a rundown of 11 significant news stories to keep you in the know:

Share Market Live

NSE

#IsraelHamasWar

Israel-Hamas war: India flags concern over civilian casualties | Latest updates

The Israel-Hamas war has entered its 19th day, bringing the death toll in Gaza to at least 5,791 Palestinians. In the occupied West Bank, 96 Palestinians have been killed and 1,650 wounded in violence and Israeli raids since the Hamas' October 7 attack killing 1,400 Israelis.

# India flags civilian casualties, calls for direct negotiations at UNSC

In a recent address at the United Nations, India expressed deep concern over the worsening security situation and the significant loss of civilian lives in the ongoing Israel-Palestine conflict.

At Cairo Peace Summit, Arab allies of Israel express growing anger over Gaza war

Egypt and Jordan harshly criticised Israel over its actions in Gaza at the Cairo Peace Summit on Saturday, a sign that the two Western allies that made peace with Israel decades ago are losing patience with its two-week-old war against Hamas.

Egyptian President Abdel Fattah el-Sissi, who hosted the summit, again rejected any talk of driving Gaza's 2.3 million Palestinians into the Sinai Peninsula and warned against the “liquidation of the Palestinian cause." Jordan's King Abdullah II called Israel's siege and bombardment of Gaza “a war crime.”

#StockMarket

Infosys shares trade ex-dividend. Record date, payment date, dividend history and more

Shares of Information Technology (IT) services firm Infosys will be in focus in today's trade, as the stock is trading ex-dividend on Wednesday, October 25. The IT firm had announced an interim dividend of Rs 18 per equity share for the financial year 2023-24. The record date for the said dividend is also on October 25.

Should investors chase yields?

With earnings yield for the S&P 500 presently a tad below historical mean and median levels, a further dip in equities could throw up opportunities for investments in growth stocks for discerning investors. So, buy bonds for sure, but don’t give up on equities because the yields could change quite swiftly if things go right. Also, an inversion in yield spreads doesn’t necessarily signal a slide in equity values—we’ve lived through this before.

Blue Jet Healthcare's Rs 840 crore-IPO opens for subscription today. Should you bid?

The initial share sale of Blue Jet Healthcare opened for public subscription on Wednesday, October 25. The three-day bidding process will close on October 27. Ahead of the issue opening, the company raised Rs 252.08 crore from anchor investors.

Shares of Maharashtra-based pharma company Blue Jet Healthcare are commanding a premium of Rs 85 in the grey market today.

#TechTalks

Meta's social platforms are addictive and harm children's mental health, claim 33 US states in lawsuit

Dozens of US states, including California and New York, are suing Meta Platforms Inc. for harming young people and contributing to the youth mental health crisis by knowingly and deliberately designing features on Instagram and Facebook that addict children to its platforms.

#InDepth

An under-construction bridge collapsed in Gujarat killing two people. Here’s a look at bridge collapse accidents in India over the last few years.

An under-construction bridge collapsed in Gujarat killing two people. Here’s a look at bridge collapse accidents in India over the last few years.

#ExpertEdge

Coach-Soch | Digital banking — how to bridge the digital abyss that’s left out in banking regulation

Digital finance is not about translating physical structures into digital; it is about exporting digital structures into the physical world. A bank account is now an entry in a database residing on a server, and a ledger is nothing more than two database tables. Therefore, the regulators must shift their perspective and embrace this digital transformation that has reshaped the financial landscape, suggests Corporate Advisor and Coach Srinath Sridharan.

View: The importance of remittances

The Indian diaspora spread between various categories as per the Ministry of External Affairs, as non-resident Indians, persons of Indian origin and overseas Indians will increase from the 210 countries they are currently residing in. Remittances will also increase. It will be in the government’s interest to make remittances through licit channels more convenient. It will substantially add to our foreign exchange reserves and reduce black money within the country, writes Najib Shah, former Chairman, the Central Board of Indirect Taxes & Customs.

#ICCWorldCup2023

Why Virat Kohli is the ultimate storm chaser of ODI Cricket

Since 2011, India has chased on 18 occasions in World Cups and won 15 of them. But, just this year’s World Cup India has chased in all 5 games and Virat has three half-centuries and an unbeaten hundred to his name. He averages 118 in this World Cup, becoming the leading run scorer amongst all teams in the process with 354 runs to his name.

#WorkdplaceTrends

Hiring trends are changing and your resume isn't enough to get your dream job - here's why

Traditional resumes are a thing of the past with recruiters nowadays going for skill-based hiring, suggests trends from a survey by HirePro which analysed, 40,00,000 candidate resumes, 3,000 job postings,. The survey involved more than 3,000 hiring managers and feedback from over 500 corporate customers.

Beyond #Newsroom

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