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US stocks open higher with Trump's Middle East decision in focus

US stocks open higher with Trump's Middle East decision in focus

Time of India5 hours ago

Wall Street
's main indexes opened higher on Friday, tracking strength in global stocks after President Donald Trump held off from making an immediate call on U.S. involvement in the Israel-Iran war.
The
Dow Jones
Industrial Average rose 119.4 points, or 0.28%, at the open to 42,291.09. The S&P 500 rose 18.8 points, or 0.31%, at the open to 5,999.67, while the
Nasdaq Composite
rose 93.1 points, or 0.48%, to 19,639.408 at the opening bell.
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Columbia student Mahmoud Khalil case: Federal judge orders release of pro-Palestinian activist; freed after three months in detention
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Time of India

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  • Time of India

Columbia student Mahmoud Khalil case: Federal judge orders release of pro-Palestinian activist; freed after three months in detention

A federal judge on Friday ordered the release of Mahmoud Khalil, a former Columbia University graduate student, from immigration detention after spending more than three months in custody. Khalil was detained in early March as the Trump administration sought to deport him over his alleged involvement in pro-Palestinian protests on campus. The decision was announced by US District Judge Michael Farbiarz in New Jersey, following a request from Khalil's legal team to grant him bail or relocate him from Louisiana to New Jersey to be near his wife and newborn child, according to the Associated Press. Khalil's arrest marked the first under Trump's initiative against students involved in campus protests regarding Israel's military actions in Gaza. His prominent role in Columbia's pro-Palestinian demonstrations last year led to protests in New York and Washington, DC. US Secretary of State Marco Rubio has advocated for Khalil's expulsion, saying Khalil's activism poses 'potentially serious adverse foreign policy consequences for the United States.' Judge Farbiarz had previously ruled that the government could not continue detaining Mahmoud Khalil based on his role in pro-Palestinian protests. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo However, officials later argued that Khalil, a legal US resident, was being held for allegedly providing false information on his green card application — a claim Khalil firmly denies. Khalil was arrested on March 8 at his Manhattan apartment in connection with his participation in the campus demonstrations. Khalil says he did nothing wrong and did not hide anything on his green card application. He told the court he only did a university-approved internship with the United Nations Relief and Works Agency, and was not an officer, as the government claims. Khalil was not arrested during the Columbia protests and has not been accused of any crimes. His public presence at the demonstrations drew attention from critics and the White House, which accused him of 'siding with terrorists' without providing evidence.

Israel-Iran News Live Updates: Iran FM says ready to 'consider' diplomacy 'once the aggression is stopped'
Israel-Iran News Live Updates: Iran FM says ready to 'consider' diplomacy 'once the aggression is stopped'

Time of India

time17 minutes ago

  • Time of India

Israel-Iran News Live Updates: Iran FM says ready to 'consider' diplomacy 'once the aggression is stopped'

US President Donald Trump claimed that the United States had taken "complete and total control of the skies over Iran." He further warned Iran's Ayatollah Khamenei saying that "We know exactly where the so-called 'Supreme Leader' is hiding. He is an easy target, but is safe there - We are not going to take him out (kill!), at least not for now. But we don't want missiles shot at civilians, or American soldiers. Our patience is wearing thin. Thank you for your attention to this matter!" The long-simmering tensions between Israel and Iran have exploded into open warfare since Friday, June 13, 2025, marking an unprecedented period of direct military confrontation. Israel initiated a major campaign of fighter jet and drone strikes across Iran, targeting nuclear and military sites, including surface-to-surface missile production facilities, detection radar sites, and surface-to-air missile launchers. Reports indicate strikes on residential areas and fuel depots, with Iran's health ministry reporting at least 224 fatalities and over 1,200 injuries, mostly civilians. Israeli forces have also reportedly killed several top Iranian military commanders and atomic scientists. The IDF claims to have destroyed one-third of Iran's surface-to-surface missile launchers and achieved "full air superiority over Tehran," also striking an Iranian refueling aircraft 2,300 km away. In retaliation, Tehran has launched barrages of missiles and drones, hitting Israeli cities and towns, causing at least 24 deaths and 592 injuries, with a major oil refinery in Haifa among the targets. The IDF confirmed intercepting over 100 Iranian UAVs. The international community, including China, Turkey, and G7 leaders, has urgently called for de-escalation, but both sides remain defiant. Israeli Prime Minister Benjamin Netanyahu asserts the offensive aims to thwart "existential" nuclear and missile threats and has not ruled out targeting Iranian Supreme Leader Ayatollah Ali Khamenei, suggesting it would "end the conflict." The UN's IAEA reported physical damage to an above-ground component of Iran's Natanz uranium enrichment facility but normal external radiation levels, while warning of potential internal contamination. Amidst the crisis, planned nuclear negotiations between Tehran and Washington were called off.

Gmada auctions 24% of plots on offer, school site fetches Rs 59cr
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Time of India

time17 minutes ago

  • Time of India

Gmada auctions 24% of plots on offer, school site fetches Rs 59cr

1 2 Mohali: The Greater Mohali Area Development Authority (Gmada) earned over Rs 136 crore from its latest property auction, which concluded on Thursday evening. However, the response remained lukewarm with only 17 out of 72 residential and commercial sites sold — just 24% of the total properties on offer. The highlight of the auction was the sale of a 4.02-acre school site in Ecocity-2 that fetched Rs 59 crore, slightly above its reserve price of Rs 57.9 crore. The plot was acquired by Blue Wing Education Society, marking one of the highest single-property bids in the auction. Among residential properties, two 500-square-yard plots in Sector 82, Alpha Block-B, IT City, sold for Rs 6.87 crore each, above their reserve price of Rs 6.35 crore. A 300-square-yard plot in Block-A of Ecocity-1 also fetched Rs 3.5 crore, compared to its reserve price of Rs 3 crore. Other 500-square-yard plots sold ranged between Rs 5.6 crore and Rs 6.87 crore, depending on location. However, a large number of properties remained unsold, including 13 booths, 15 shop-cum-offices (SCOs), two hotel sites, two commercial sites, and another school site. Gmada chief administrator Vishesh Sarangal termed the auction response "satisfactory" and expressed hope of selling the remaining properties in future rounds. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Perdagangkan CFD Emas dengan Broker Tepercaya IC Markets Mendaftar Undo "We are optimistic that subsequent auctions will see better uptake," he said. Meanwhile, property experts believe otherwise. "The high reserve prices and frequent auctions are causing saturation. Similar properties are available for less in the open market," said Shalinder Anand, former president of the Mohali Property Consultant Association. Notably, in April, Gmada sold only two of six group housing sites, while in March it had earned a record Rs 1,986.82 crore through e-auctions. MSID:: 121978383 413 |

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