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Business

China’s Consumer Stocks Decline Amid AI Sector Boom

China’s consumer stocks have fallen nearly 18% over six months, reaching 10-year lows, while the AI-focused tech sector more than doubled since 2016. Consumer staples firms missed profit expectations by nearly 50% in the latest earnings season. Beijing’s emphasis on AI and tech exports has limited domestic demand growth, with August retail sales rising only 0.4%. Investor pessimism persists despite the Golden Week holiday.

Mint Companies·3h ago

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Politics

Delhi HC Rules No Personal Law Immunity in Pocso Cases for Minor Wife

The Delhi High Court ruled that personal laws cannot exempt individuals from criminal liability under penal statutes. It directed a Muslim man to face trial under the Protection of Children from Sexual Offences (Pocso) Act for having sexual relations with his underage wife, affirming that personal law does not provide immunity in such cases.

Hindustan Times·55m ago·Delhi

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Politics

Andhra HC Rules All Challenges to Three-Capital Plan Infructuous

The Andhra Pradesh High Court declared all petitions challenging the previous YSR Congress government's decision to establish three capitals as infructuous. This follows Parliament granting statutory status to Amaravati as the state capital, effectively nullifying the legal challenges against the three-capital plan, according to sources familiar with the matter.

Hindustan Times·50m ago

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Science

Nikolai Vavilov's Science Revolutionized Crop Preservation

Nikolai Ivanovich Vavilov (1887-1943), a pioneering Soviet agricultural scientist, established the first global seed bank and inspired efforts to protect it during WWII. His 1926 paper, 'Studies on the origin of cultivated plants,' remains foundational for crop and livestock research, crucial for preserving plant genetic resources worldwide. Despite dying in prison, his legacy endures in agricultural science and seed conservation.

Hindu Science·15h ago

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Politics

Protests Erupt at LPU Over False Rape and Suicide Rumors

Around 2,000 students protested late Saturday night at Lovely Professional University in Jalandhar after rumors spread on social media about a student's rape and suicide. However, police stated there is no evidence or complaint confirming these claims. The unrest included vandalism and arson by angry students reacting to the unverified allegations.

Aaj Tak·56m ago·Jalandhar

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Politics

Germany's AfD Supports Investigation into Nord Stream Pipeline Attacks

Germany's AfD party, led by co-chairman Tino Chrupalla, has called for investigations into the Nord Stream pipeline attacks at international, national, and European levels. The party demands accountability for those responsible and has previously urged a parliamentary inquiry. Meanwhile, Russian Foreign Minister Sergey Lavrov and German counterpart Johann Wadephul met in New York amid these developments.

TOI World·43m ago·New York

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