IT sector stocks crash: The correction has been severe, with roughly Rs 5.7 lakh crore in market value wiped out within eight trading sessions and the Nifty IT index declining about 19% over a short period.
Computer scientist David Magerman, a veteran of Renaissance Technologies, argues that AI doomsday predictions are overblown hype. He asserts that current LLM-based AI solutions are largely in failing pilot stages and not yet used at scale in production environments.
A Nipah virus survivor in West Bengal has tragically passed away from cardiac arrest after a prolonged coma and lung infection. This incident follows a recent outbreak in the state, though authorities maintain the situation is under control. Nipah, a virus with a high fatality rate, requires supportive treatment and prevention focuses on avoiding bat-contaminated fruits and animal contact.
The Court placed the dispute squarely within the framework of personal liberty under Article 21. It noted that marriage is a right which flows from human liberty and individual discretion.
Stock market today: Nifty50 and BSE Sensex, the equity benchmarks, crashed in trade on Friday amid weak global cues and the continued IT stocks selloff. While Nifty50 went below 25,600, BSE Sensex was down over 700 points.
An elderly woman in Kozhikode bravely confronted a scooter rider attempting to use the footpath to bypass traffic. Standing firm, she asserted the pavement is for pedestrians, not vehicles. Her courageous stand, captured on video, has garnered widespread admiration online, highlighting the importance of respecting public spaces and pedestrian safety.
Multiple Delhi schools received bomb threats on Friday, triggering immediate security responses from the Delhi Police. Teams were deployed to investigate the calls, with the first received at BD Tamil Education School. Authorities are urging calm as security checks are conducted.
Technology stocks continued their decline on Friday, impacted by AI disruption fears and delayed interest rate cut expectations. The Nifty IT index plunged significantly, with major players like Infosys and TCS experiencing substantial drops.
A 33-year-old software engineer has been sent for psychiatric evaluation after allegedly stabbing his parents to death in their Bengaluru villa. The accused, Rohan Bhat, appeared mentally unstable and made contradictory statements, leading to his referral to NIMHANS for assessment. The victims, former merchant navy captain Naveen Chandra and dentist Shyamala, were found with multiple stab wounds.
A 25-year-old female nurse, infected with the Nipah virus, has died from secondary infections after a 37-day battle. She succumbed to sepsis and other complications at Barasat Hospital. The male nurse, also infected, has recovered and is doing well at home. No close contacts tested positive.
Stock market today: Nifty50 and BSE Sensex, the equity benchmarks, crashed in opening trade on Friday amid weak global cues and the continued IT stocks selloff. While Nifty50 went below 25,600, BSE Sensex was down over 700 points.
