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India mulls joint reconstruction effort for Gaza

Financial Express Kochi

|

October 15, 2025

WITH MINISTER OF State for External Affairs Kirti Vardhan Singh representing the country at the Sharm el-Sheikh peace summit on Gaza, India is looking to send relief material as humanitarian assistance to the people of Gaza in the coming days and weeks. It is also considering contributing to the rebuilding of Gaza.

- SHUBHAJIT ROY

Delhi’s immediate effort, it is learnt, will be to send humanitarian assistance in the form of medicines, food, tents, blankets, women’s sanitary items, baby formula for the people of Gaza.

The next step will be to clear the rubble in the enclave and help in rebuilding water systems and sanitation works, destroyed in Israeli air strikes and shelling.

The US estimates that around $70 billion is needed to rebuild Gaza, and that about 83% of all building structures in Gaza City have been destroyed.

FLERE HISTORIER FRA Financial Express Kochi

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'Any earnings disappointment could trigger short-term corrections'

ICICI Prudential AMC, which is awaiting regulatory clearance for a ®10,000-crore (IPO), is betting big on the capex and consumption stories that are moving in tandem. Anand Shah, CIO - PMS and AIF investments at the AMC that managed €63,870 crore as on March 31, 2025, tells Nesil Staney that Indian markets are still trading at a 9% premium to global indices.

time to read

2 mins

November 21, 2025

Financial Express Kochi

America can’t win by targeting Alibaba

IT WAS SUPPOSED to be a good week for Alibaba Group Holding Ltd. The tech giant released its revamped Qwen app to users in China, with plans to roll out the ChatGPT-like tool internationally later on.

time to read

2 mins

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Financial Express Kochi

ICICI Pru AMC close to get approval for ₹10K-cr IPO

ICICl PRUDENTIAL ASSET Management (AMC) is close to securing an approval from the Securities and Exchange Board of India (Sebi) to go public, sources said.

time to read

1 min

November 21, 2025

Financial Express Kochi

Legacy FMCG brands dominate q-comm baskets

QUICK COMMERCE MAY be adding delivery speed, but it isn’t changing who controls the household basket.New platform data show that traditional FMCG players— not digital-first brands—continue to command the bulk of consumer spending on daily-use staples across apps such as Blinkit, despite an explo- sion of choice.

time to read

1 mins

November 21, 2025

Financial Express Kochi

India signs $93-million deal with US for Javelin anti-tank system, Excalibur projectiles

THE US HAS approved the sale of Excalibur guided artillery projectiles, Javelin antitank missile system and related equipment worth nearly $93 million to India, saying it will improve the country’s capability to strengthen its defence and deter regional threats.

time to read

1 min

November 21, 2025

Financial Express Kochi

'GST 2.0 transformational for FMCG'

Consumer goods major Marico sees urban growth picking up in the second half of FY 26, led by easing inflation, GST cuts, a low base and a favourable policy environment.

time to read

3 mins

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Financial Express Kochi

5G subscriptions may cross 1-bn mark by 2031

INDIA IS EXPECTED to have over 1 billion 5G subscriptions by the end of 2031, the Ericsson Mobility Report released on Thursday said, underscoring the steady uptake of the service in a nation that accounts for the highest mobile data traffic per smartphone.

time to read

1 mins

November 21, 2025

Financial Express Kochi

ED files chargesheet against Vadra in UK-linked PMLA case

THE ENFORCEMENT DIRECTORATE on Thursday filed a chargesheet against businessman Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, in a money laundering case linked to fugitive UK-based arms consultant Sanjay Bhandari, officials said.

time to read

1 min

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Financial Express Kochi

'Good trade deal' with US will support rupee stability: Malhotra

e ‘Central bank doesn’t target any level for the rupee’

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1 mins

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'Cinema-going is not at all obsolete'

SANJEEV KUMAR BIJLI, EXECUTIVE DIRECTOR, PVR INOX

time to read

3 mins

November 21, 2025

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