Mayor holds review meet, calls for ‘single-window’ services

Chennai accounts for roughly a tenth of the GCC base in India, according to the state government.

Chinese stocks declined on Thursday as AI and semiconductor shares extended their correction amid profit booking in expensive technology names. Defensive sectors including banking, rare earths and gold stocks limited losses, while Hong Kong markets outperformed with gains in Tencent and broader technology shares despite lingering geopolitical concerns.

Bogged down by crude oil prices trading above $100, the Nifty 50 index has lost 5 per cent during the six-week selloff, which is also its longest since 2020.