CONCERN
PM Modi to inaugurate golden jubilee celebrations of Prashanti Kutiram in Bengaluru today
Prime Minister Narendra Modi is set to attend the Golden Jubilee Celebrations of Prashanti Kutiram on Friday. He will also participate in the Birth Centenary Commemoration of author H. V. Sheshadri during the event. Dattatreya Hosabale, the General Secretary of Rashtriya Swayamsevak Sangh, will be a distinguished guest at this occasion. Additionally, he will virtually lay the foundation stone for a new Compressed Bio-Gas plant in Bengaluru.
Warby Parker bets on Google AI glasses for growth, but privacy fears still loom
Warby Parker is entering the smart glasses market in partnership with Google and Samsung, betting that demand for the artificial intelligence wearables will balloon in the coming years.
US Senate panel seeks testimony from Jensen Huang, Commerce Secretary Lutnick over China spy concerns
US Senate Banking Committee Chairman Tim Scott has asked former Nvidia CEO Jensen Huang and Commerce Secretary Howard Lutnick to testify over national security concerns, alleged Chinese espionage and oversight of chip exports to China. Scott warned he could subpoena Huang, as lawmakers intensify scrutiny of Nvidia and the Commerce Department.
Gold inches higher but heads for weekly loss on Fed hike concerns
Gold prices edged higher on Friday, recovering from the previous session's lowest level in more than a year, but stayed on track for a weekly fall as higher oil prices stoked
Global bond yields surge to multi-year highs as inflation, borrowing concerns mount
Government bond yields globally rose to multi-decade highs recently due to sell-offs in sovereign debt. Investors demanded higher returns amid persistent inflation and uncertainty regarding interest rates. India's benchmark 10-year bond yield peaked at 7.50% before slightly declining to 7.24%. Recent easing geopolitical tensions and declining crude prices have supported bond market recovery. Nonetheless, the outlook remains uncertain due to inflationary pressures and concerns over fiscal sustainability.
UP CM Yogi Adityanath defends firecrackers on Diwali; dismisses pollution concerns
Uttar Pradesh Chief Minister Yogi Adityanath expressed his support for the celebration of Diwali with firecrackers. He stated that concerns about pollution should be alleviated as they would decrease. Adityanath criticized those who focus on pollution while ignoring greater corrupt practices. He emphasized the importance of enjoying festivities without imposing prohibitions on firecrackers. He stated that it was positive for people to celebrate Diwali with enthusiasm.
- Go To Page 1
Nasdaq futures rise nearly 2% as CoreWeave earnings calm AI spending fears
Futures for the S&P 500 and Nasdaq 100 have shown gains following CoreWeave's impressive earnings announcement. Investors reacted positively as CoreWeave predicts profitability by the first half of 2028. Nvidia's shares rebounded after a significant drop attributed to CEO Jensen Huang's controversies. Meanwhile, inflation data has increased expectations of interest rate hikes from the US Federal Reserve. The bond market remained closed for the Veterans Day holiday, impacting trading.
German military to stop using Chinese-made drones, citing security concerns
Germany's military has decided to replace Chinese-made drones with European products due to security concerns. The decision aims to enhance the Bundeswehr's self-sufficiency and technological autonomy in military operations. Previous purchases of these drones were permitted under a strategy allowing specific country systems. Concerns relate to the potential risk of sensitive data transmission to China. This change aligns with similar restrictions by other nations on Chinese-made military equipment.
European shares rise as Siemens Energy forecast lifts AI optimism; inflation concerns persist
European shares opened higher, supported by positive forecasts from Siemens Energy and CoreWeave, which eases AI investment concerns. The pan-European STOXX 600 index rose significantly, nearing record highs from August. However, inflation concerns, increased oil prices, and some stock losses tempered broader market optimism. Notable declines were seen in companies like Vestas and CSG due to disappointing profit forecasts.
UP CM Adityanath dismisses Diwali pollution concerns, says it will subside
Uttar Pradesh Chief Minister Yogi Adityanath has defended Diwali firecracker celebrations, playing down concerns over the resulting rise in pollution. Saying the pollution would subside, he questioned why critics were not equally vocal about those who had allegedly polluted the system through corruption, and said his government had imposed no restrictions.
South Korean shares fall as AI concerns, US inflation weigh on sentiment
South Korean shares fell as concerns over elevated AI valuations and stronger-than-expected US inflation weighed on investor sentiment. The benchmark KOSPI declined 0.34%, led by losses in chipmakers Samsung Electronics and SK Hynix. The won strengthened against the dollar, while government bond yields rose amid expectations of further US interest rate hikes.
IIT Indore reveals severe pollution in drain leading into Kshipra river ahead of Simhastha 2028 pilgrimage
IIT Indore conducted an investigation revealing significant pollution levels in Nagdhaman Nala, which impacts Kshipra river water quality. The study identified a lack of oxygen and high levels of faecal bacteria in the water. Experts expressed concerns regarding the water's unfit status for recreational use ahead of Simhastha 2028. Madhya Pradesh government has not taken necessary actions to address these pollution levels despite growing environmental concerns.
Endless wars must give way to end of war: MEA emphasises PM Modi's message on India's engagement with Russia, Ukraine
India has conveyed proposals to Russia and Ukraine aimed at restoring peace in the region. These ideas include ensuring the safety of commercial shipping in the Black Sea and addressing energy and grain export concerns. Prime Minister Narendra Modi discussed the conflict with Ukrainian President Volodymyr Zelenskyy, emphasizing the need for dialogue. Subsequently, External Affairs Minister S Jaishankar engaged in conversations with Russian Foreign Minister Sergey Lavrov.
Microsoft presses Trump to scuttle expected ban on Chinese data center technology: Report
Microsoft is lobbying against a proposed ban on Chinese optical transceivers essential for artificial intelligence data centers. The Trump administration's decision could significantly impact the speed of data center development in the US. Industry groups have expressed concerns about potential supply chain disruptions and competitive disadvantages. The Federal Communications Commission is currently deliberating on the implications of this ban.
Most Americans want new Democratic Congress to end Trump's Iran war, Reuters/Ipsos poll finds
A new Reuters/Ipsos poll reveals that many Americans desire Congress to end the war with Iran. Support for repealing tariffs imposed by the Trump administration is also significant among respondents. Both Democrats and Republicans expressed a need for bipartisan cooperation on addressing cost of living issues. Concerns about potential impeachment proceedings against Trump were also noted among poll participants.
Eurozone bond yields fall as lower energy prices ease inflation concerns
On Tuesday, government bond yields in the Eurozone experienced a notable drop, particularly for French and Italian bonds. The easing of inflation worries, attributed to falling oil and natural gas prices, enhanced demand for bonds. Germany's 10-year bond yield fell to 3.25%, while France's decreased to 4.69%. Boosted by the US President's calming remarks, market sentiment improved, especially for nations that had faced challenges in their bond markets.
Americans growing more worried about jobs amid rising prices, finds NY Fed survey
* NY Fed survey finds rising worry over future unemployment * NY Fed poll finds little change in expected inflation * NY Fed survey reports stability in personal financial situations (Adds graphics)
Trump's close ties to Nvidia's Huang scrutinized after foreign intelligence concerns
Huang is one of Trump's closest allies in Silicon Valley, and the relationship between the two dates to at least 2025. Over the past two years, he has repeatedly voiced support for the administration's agenda and become a regular presence in Washington as Nvidia sought to sell advanced chips to the Chinese market.
Keralam testing random fuel samples for ethanol density: State Minister Anoop Jacob says 'major concern' raised in Karnataka
Keralam's Food and Civil Supplies Minister Anoop Jacob recently declared a program to collect petrol samples for ethanol testing, aiming to address concerns voiced by Karnataka officials regarding excessive ethanol blending. Jacob underscored the necessity of consumer transparency regarding fuel components, noting that inspections in Kochi have uncovered samples currently being tested, thus igniting pivotal discussions about fuel quality across Indian states.
US students raise concerns over ICE deportations and international student safety after mid terms
Students and faculty at Northeastern University in Boston have raised concerns over US Immigration and Customs Enforcement (ICE), deportation policies and the safety of international students under the Trump administration. The meeting took place a day after Democrats secured major victories in the US midterm elections.
“No excuse for what I did”: Read Jensen Huang’s full letter to Nvidia staff on his affair with alleged Chinese spy
In a message to company employees released Sunday, Huang acknowledged having an affair and apologized to both his family and company staff. "I was unfaithful to my wife," he said. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry."
Gold edges up as softer crude tempers inflation concerns
Gold prices edged higher on Monday as softer oil prices eased inflation concerns, though gains were capped by expectations that the Federal Reserve will keep US interest rates higher
Microsoft employees raise concerns over AI strategy amid 60,000-person buyout offer
The letter, cited in a report byThe New York Times, accuses Microsoft of pursuing AI with a “speed-at-all-costs” approach and urges the company to stop linking employees' use of AI tools to performance rewards or reprimands.
Risk-off mood sweeps European stocks as AI concerns deepen
European markets saw a 1% dip as a wave of selloffs hit insurance stocks following a Democratic victory, raising concerns around the stability of AI investments. A significant downgrade of German reinsurers by JPMorgan added to the insurance sector's woes. Yet, clean energy stocks thrived, bolstered by renewed support for green initiatives.
Meghan Markle says a 2018 letter containing troubling allegations about Thomas Markle shaped her decision to protect Archie & Lilibet. Here is what it revealed
Meghan Markle has distanced her children from their grandfather Thomas Markle due to safety concerns. Allegations about Thomas Markle's behavior were reported to British police before being shared with Meghan. Recent developments include a federal arrest of Thomas Markle on charges of child pornography. The estrangement and reasons behind it are tied to a letter sent to police outlining these concerns.
Copper price falls for 4th day, heads for worst week since March on AI rout
Copper prices have faced yet another decline, marking four consecutive sessions of decrease, primarily due to a dip in technology shares and rising concerns over artificial intelligence investments. The three-month copper rate on the London Metal Exchange fell to a low not seen since late July. While tight supply, particularly outside the US, has cushioned further losses, a significant drop in copper stocks within Chinese warehouses is intensifying supply anxieties.
China's rising yuan squeezes exporters, raises concerns over jobs and growth
China's strengthening yuan is squeezing exporters' profit margins, raising concerns over job losses, weaker exports and slower economic growth. Beijing faces a policy dilemma as international pressure to let the currency appreciate clashes with domestic manufacturers' need for a competitive exchange rate.
SoftBank credit default swaps hit 4-year high as AI profitability concerns mount
SoftBank Group’s five-year credit default swap spread climbed to a four-year high as investors grew increasingly concerned about the profitability of artificial intelligence investments. Rising borrowing costs, questions over returns from its OpenAI investment and uncertainty surrounding AI infrastructure spending have added to credit market concerns.
Gold firms on softer oil prices, US midterm results awaited
Gold prices experienced a modest uptick in early Asian markets, spurred by a decline in oil prices that has helped ease inflationary concerns. This shift is shaping investor expectations around potential actions from the Federal Reserve. Attention is also focused on the US midterm election outcomes, which could influence market volatility, while India's gold demand faces a projected six-year low amidst high prices affecting sales.
Load More
