Trump says he told Netanyahu fight in Gaza will have to be different
How did your country report this? Share your view in the comments.
Diverging Reports Breakdown
India’s IndusInd Bank posts quarterly profit drop as loans decline
India’s IndusInd Bank (INBK.NS) reported a quarterly profit drop on Monday. The country’s fifth largest private lender by assets said its profit fell 68% to 6.84 billion rupees ($78.93 million) The private lender has been grappling with elevated bad loans in its microfinance book. Its provisions and contingencies rose 65.5% year-on-year to 17.38 billion rupee.
BENGALURU, July 28 (Reuters) – India’s IndusInd Bank (INBK.NS) , opens new tab reported a quarterly profit drop on Monday, as its loans declined and funds kept aside for potential bad loans rose.
The country’s fifth largest private lender by assets said its profit fell 68% to 6.84 billion rupees ($78.93 million) for the quarter ended June 30.
Sign up here.
IndusInd reported its biggest-ever quarterly loss in the previous quarter, as it took a $230 million hit in the year ended March 31 due to years of misaccounting internal derivative trades, prompting the resignations of CEO Sumant Kathpalia and deputy Arun Khurana in April.
Since then, the lender has reported a decline in loans.
Loans fell 3.1% from a quarter earlier, while deposits fell 3.3%.
Net interest income, the difference between interest earned and paid, fell to 46.40 billion rupees from 54.08 billion rupees a year earlier.
The private lender has been grappling with elevated bad loans in its microfinance book, forcing it to set aside more funds to meet potential losses.
Its provisions and contingencies rose 65.5% year-on-year to 17.38 billion rupees.
Gross non-performing assets rose to 3.64% at June-end from 3.13% at March-end.
IndusInd Bank approved raising up to $3.47 billion and allowing promoters to nominate two board directors, it said last week, as it seeks to restore investor confidence.
($1 = 86.6600 Indian rupees)
Reporting by Nishit Navin and Ashwin Manikandan; Editing by Mrigank Dhaniwala
Our Standards: The Thomson Reuters Trust Principles. , opens new tab
Gaza latest: Trump tells Israel ‘you have to end’ war after admitting children ‘look very hungry’
Donald Trump has called for an end to the war in Gaza as he reflected on the ‘very hungry’ children. He said he’d told Israeli prime minister Benjamin Netanyahu that Israel would have to ‘maybe do it a different way’ to bring the war to an end. It comes as a temporary pause in Israel’s military action is set to allow more aid to be delivered to starving Palestinians.
On The Ground newsletter: Get a weekly dispatch from our international correspondents Get a weekly dispatch from our international correspondents Get a weekly international news dispatch Email * SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice
Donald Trump has called for an end to the war in Gaza as he reflected on the “very hungry” children.
As the US president stood on the steps of Trump Turnberry in Scotland with UK prime minister Sir Keir Starmer, he said that he’d told Israeli prime minister Benjamin Netanyahu that Israel would have to “maybe do it a different way” in order to bring the war to an end, as he reflected on the hostages situation before concluding “you have to end it.”
“They have to get food and safety right now”, he said about Gaza, adding “those children look very hungry.”
It comes as a temporary pause in Israel’s military action from 10am to 8pm each day is set to allow more aid to be delivered to starving Palestinians.
UN aid chief Tom Fletcher told the BBC that the halt in action in three areas of Gaza may only last “a week or so” – but that the UN needs “weeks, months to build up supplies again”.
Local health officials said the Israeli military killed at least 63 people across Gaza just hours after declaring the pauses.
Trump says number one priority now in Gaza is getting people fed
U.S. President Donald Trump says number one priority in Gaza is getting people fed. Trump says he was not going to take a position on Palestinian statehood at the moment. He said the United States had provided $60 million for humanitarian aid, and other nations would have to step up. Trump also criticized the Hamas militant group for not agreeing to release more hostages, living and dead, and said he had told Israeli Prime Minister Benjamin Netanyahu that Israel’s approach would likely have to change. The Gaza health ministry said at least 14 people had died in the past 24 hours of starvation and malnutrition, bringing the war’s death toll from hunger to 147, including 89 children, most in just the last few weeks. The U.N. agencies say those moves are not yet sufficient to alleviate famine-like conditions facing Gazans.
Summary Trump says other nations have to step up aid
US president says EU leader told him Europe would increase help
Starmer says situation in Gaza is ‘absolute catastrophe’
TURNBERRY, Scotland, July 28 (Reuters) – U.S. President Donald Trump said on Monday the number one priority in Gaza was getting people fed, because “you have a lot of starving people”, adding that he was not going to take a position on Palestinian statehood at the moment.
Trump, speaking alongside British Prime Minister Keir Starmer at his golf resort in Turnberry, Scotland, said the United States had provided $60 million for humanitarian aid, and other nations would have to step up.
Sign up here.
He said he discussed the issue with European Commission President Ursula von der Leyen on Sunday, and she told him European countries would step up their assistance very substantially. He said he also planned to discuss the humanitarian situation with Starmer during his visit on Monday.
“We’re giving a lot of money and a lot of food, and other nations are now stepping up,” Trump said. “It’s a mess. They have to get food and safety right now.”
Starmer agreed, saying: “It’s a humanitarian crisis, right? It’s an absolute catastrophe…. I think people in Britain are revolted at seeing what they’re seeing on their screen.”
Trump said he would not comment on a push by French President Emmanuel Macron to back Palestinian statehood.
Trump also criticized the Hamas militant group for not agreeing to release more hostages, living and dead, and said he had told Israeli Prime Minister Benjamin Netanyahu that Israel’s approach would likely have to change.
“I told Bibi that you have to maybe do it a different way,” Trump said, echoing similar comments made on Sunday.
Asked if a ceasefire was still possible, Trump said, “Yeah, a ceasefire is possible, but you have to get it, you have to end it.” He did not elaborate on what he meant.
Trump underscored the importance of securing the release of hostages held by Hamas in Gaza, saying the Palestinian group had changed its position and was refusing to release more hostages.
Hamas has said it is willing to release hostages under a ceasefire agreement with Israel. It submitted its response to a U.S.-backed ceasefire proposal on Thursday at talks in Doha. Hours later, Israel withdrew its delegation from the talks.
On Sunday, Trump said Israel would have to make a decision on next steps, adding, “I know what I’d do, but I don’t think it’s appropriate that I say it.”
Israel carried out an air drop and announced a series of measures over the weekend to improve access for aid, including daily humanitarian pauses in three areas of Gaza and new safe corridors for convoys. U.N. agencies say those moves are not yet sufficient to alleviate famine-like conditions facing Gazans.
On Monday, the Gaza health ministry said at least 14 people had died in the past 24 hours of starvation and malnutrition, bringing the war’s death toll from hunger to 147, including 89 children, most in just the last few weeks.
Israel cut off all supplies to Gaza from the start of March, reopening the territory with new restrictions in May. Israel says it abides by international law but must prevent aid from being diverted by militants, and blames Hamas for the suffering of Gaza’s people.
“Israel is presented as though we are applying a campaign of starvation in Gaza. What a bald-faced lie. There is no policy of starvation in Gaza, and there is no starvation in Gaza,” Netanyahu said on Sunday.
Reporting by Andrew MacAskill and Andrea Shalal Editing by Toby Chopra
Our Standards: The Thomson Reuters Trust Principles. , opens new tab
Trump says number one priority now in Gaza is getting people fed
U.S. President Donald Trump says number one priority in Gaza is getting people fed. Trump says he was not going to take a position on Palestinian statehood at the moment. He said the United States had provided $60 million for humanitarian aid, and other nations would have to step up. Trump also criticized the Hamas militant group for not agreeing to release more hostages, living and dead, and said he had told Israeli Prime Minister Benjamin Netanyahu that Israel’s approach would likely have to change. The Gaza health ministry said at least 14 people had died in the past 24 hours of starvation and malnutrition, bringing the war’s death toll from hunger to 147, including 89 children, most in just the last few weeks. The U.N. agencies say those moves are not yet sufficient to alleviate famine-like conditions facing Gazans.
Summary Trump says other nations have to step up aid
US president says EU leader told him Europe would increase help
Starmer says situation in Gaza is ‘absolute catastrophe’
TURNBERRY, Scotland, July 28 (Reuters) – U.S. President Donald Trump said on Monday the number one priority in Gaza was getting people fed, because “you have a lot of starving people”, adding that he was not going to take a position on Palestinian statehood at the moment.
Trump, speaking alongside British Prime Minister Keir Starmer at his golf resort in Turnberry, Scotland, said the United States had provided $60 million for humanitarian aid, and other nations would have to step up.
Sign up here.
He said he discussed the issue with European Commission President Ursula von der Leyen on Sunday, and she told him European countries would step up their assistance very substantially. He said he also planned to discuss the humanitarian situation with Starmer during his visit on Monday.
“We’re giving a lot of money and a lot of food, and other nations are now stepping up,” Trump said. “It’s a mess. They have to get food and safety right now.”
Starmer agreed, saying: “It’s a humanitarian crisis, right? It’s an absolute catastrophe…. I think people in Britain are revolted at seeing what they’re seeing on their screen.”
Trump said he would not comment on a push by French President Emmanuel Macron to back Palestinian statehood.
Trump also criticized the Hamas militant group for not agreeing to release more hostages, living and dead, and said he had told Israeli Prime Minister Benjamin Netanyahu that Israel’s approach would likely have to change.
“I told Bibi that you have to maybe do it a different way,” Trump said, echoing similar comments made on Sunday.
Asked if a ceasefire was still possible, Trump said, “Yeah, a ceasefire is possible, but you have to get it, you have to end it.” He did not elaborate on what he meant.
Trump underscored the importance of securing the release of hostages held by Hamas in Gaza, saying the Palestinian group had changed its position and was refusing to release more hostages.
Hamas has said it is willing to release hostages under a ceasefire agreement with Israel. It submitted its response to a U.S.-backed ceasefire proposal on Thursday at talks in Doha. Hours later, Israel withdrew its delegation from the talks.
On Sunday, Trump said Israel would have to make a decision on next steps, adding, “I know what I’d do, but I don’t think it’s appropriate that I say it.”
Israel carried out an air drop and announced a series of measures over the weekend to improve access for aid, including daily humanitarian pauses in three areas of Gaza and new safe corridors for convoys. U.N. agencies say those moves are not yet sufficient to alleviate famine-like conditions facing Gazans.
On Monday, the Gaza health ministry said at least 14 people had died in the past 24 hours of starvation and malnutrition, bringing the war’s death toll from hunger to 147, including 89 children, most in just the last few weeks.
Israel cut off all supplies to Gaza from the start of March, reopening the territory with new restrictions in May. Israel says it abides by international law but must prevent aid from being diverted by militants, and blames Hamas for the suffering of Gaza’s people.
“Israel is presented as though we are applying a campaign of starvation in Gaza. What a bald-faced lie. There is no policy of starvation in Gaza, and there is no starvation in Gaza,” Netanyahu said on Sunday.
Reporting by Andrew MacAskill and Andrea Shalal Editing by Toby Chopra
Our Standards: The Thomson Reuters Trust Principles. , opens new tab