PSU OMC shares skid as crude oil rallies
Shares of state-run oil marketing companies declined as global crude prices surged, raising concerns over pressure on their margins.
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Shares of state-run oil marketing companies declined as global crude prices surged, raising concerns over pressure on their margins.
Steel prices in India hit a four-year high, driven by strong demand and supply constraints.
Indian AI investment surged significantly, outpacing global growth rates. However, widespread AI readiness and risk assessment processes remain underdeveloped. Many companies deploy AI agents but hesitate with autonomous workflows due to transparency concerns. Fragmented legacy systems and data management issues hinder AI integration and maturity.
Euro yields push higher with crude near $100 and ECB hike imminent
Sterling today: Pound slips as yen-fuelled dollar uncertainty keeps G10 on edge
Eurozone investor sentiment rose to a more than four-year high in September, with the Sentix index climbing to 5.1 as both current conditions and economic expectations improved. Germany also recorded a sharp recovery, strengthening optimism around the region’s growth outlook.
China’s exports surged 25% year-on-year in August, supported by strong overseas demand for automobiles and high-tech goods, while the country’s trade surplus widened to $119.1 billion. Auto exports jumped 43% and semiconductor shipments soared nearly 130%, highlighting the strength of China’s manufacturing sector.
Eiffel Tower staff protested after female employees were allegedly moved during a BAPS delegation visit. The company operating the tower acknowledged the delegation’s request for limited interactions with women. This incident sparked outrage among employees and French political leaders. Paris Mayor called the arrangements unacceptable and unacceptable for foreign visitors. The BAPS Hindu temple in…
The Gauhati high court ordered compensation for a woman deported without notice. Authorities must now provide declared foreigners tribunal opinions before detention. Mumtaz Begum was sent to Bangladesh after a tribunal decision. Her husband received interim compensation for the wrongful deportation. The court mandated informing families and providing free copies of opinions.
Throughout history, ancient cities were frequently reconstructed at the same sites due to their inherent strategic benefits. Such locations provided essential resources like water, access to trade routes, and fertile land, which were valued across generations. As populations expanded, they built upon the existing infrastructure, resulting in the formation of layered urban landscapes. This progression…