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BusinessPhoto: Amar Business

China Loses $2.4 Trillion in Stock Market Amid US AI Restrictions

China's aggressive bid to dominate the global AI market faces setbacks as US restrictions increase difficulties. Since May, Chinese stock markets have lost $2.4 trillion (about ₹228 lakh crore) in market capitalization. The Shanghai Stock Exchange's STAR 50 tech index fell 40% since June, with other indices down nearly 20%. Despite a 60 billion yuan government fund to support AI developers, weak domestic demand and US-imposed sanctions are hurting profits and investor confidence.

Amar Business·

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SciencePhoto: News18 Hindi

Cyclone Arnab Hits Andhra Coast with 150 km/h Winds, Heavy Rain Alert in 19...

Cyclone Arnab, originating from the Bay of Bengal, is moving towards the Andhra Pradesh coast with landfall near Yanam. Wind speeds are expected between 125-135 km/h, with gusts up to 150 km/h. Heavy rain and storms are forecasted in 19 states including Delhi-NCR, Uttar Pradesh, Bihar, Jharkhand, and West Bengal. Risks include landslides in hilly areas and lightning strikes.

News18 Hindi·

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WorldPhoto: Firstpost

Saudi Arabia Resumes Limited India-Bound Flights from Riyadh

Saudi Arabia has resumed limited India-bound flights from Riyadh’s King Khalid International Airport, including services by Saudi low-cost carrier Flynas, according to the Indian Embassy in Riyadh. However, Air India, Air India Express, and IndiGo continue suspending several Saudi routes until late October or early November. Passengers are advised to confirm flight status due to ongoing disruptions affecting air travel in Saudi Arabia.

Firstpost··Riyadh

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HealthPhoto: Mint

Private Hospitals to Disclose Tariffs on Government Portal

Private hospitals in India will soon be mandated to upload their tariff structures and other relevant details on a central government portal. This initiative aims to enable patients to compare treatment costs easily and make informed healthcare decisions, according to two officials familiar with the plan.

Mint·

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PoliticsPhoto: Firstpost World

UAE President Honors flydubai Crew for Preventing Hijacking

The UAE President Sheikh Mohamed bin Zayed Al Nahyan awarded the First Class Order of Zayed II to flydubai pilot Captain Smit Machchhar and crew for their bravery during an attempted hijacking on September 30. The honours were presented by Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, who praised the crew's courage and professionalism in ensuring passenger safety.

Firstpost World·

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PoliticsPhoto: Deccan Herald

Karnataka Legislature Winter Session to Begin December 7 in Belagavi

The 10-day winter session of the Karnataka Legislature is expected to start on December 7 in Belagavi. Chief Secretary Shalini Rajneesh has instructed the Legislative Council Secretary Jyothi to make necessary arrangements. The Cabinet discussed the session date in its October 15 meeting. Chief Minister D K Shivakumar's office released the letter from Rajneesh to the press.

Deccan Herald··Belagavi

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