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BusinessPhoto: Mint Markets

Chip Stocks Fall Amid Fed Rate Hike and AI Funding Concerns

Global technology hardware stocks, especially Asian chipmakers like Samsung Electronics and SK Hynix, fell sharply due to worries over Federal Reserve interest rate hikes and AI funding challenges. South Korea's Kospi dropped 5.7%, Japan’s Nikkei 225 fell over 2%, and US semiconductor stocks lost $1.6 trillion in six days. Rising US consumer prices and CoreWeave's bond distress added to investor concerns.

Mint Markets·

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SportsPhoto: TOI Sports

Shai Hope Stars with Century as West Indies Beat India in 4th T20I

West Indies captain Shai Hope scored an unbeaten 102 off 50 balls to lead his team to a 24-run victory over India in the fourth T20I, leveling the series 2-2. Hope praised the competitive total of 247 on a challenging pitch and has scored four centuries across formats during the India tour.

TOI Sports·

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TechnologyPhoto: HT World

OpenAI Engineer Arrested for Hidden Recording Device, Booked Saudi Flight

Abdulrahman Alfozan, an OpenAI engineer, was arrested on October 9 for allegedly planting a hidden audio recording device in a San Francisco office. He had booked a one-way ticket to Saudi Arabia for October 12, raising concerns about potential flight risk. Alfozan remains in federal custody and appeared in court. The US Justice Department cited his travel plans to seek sealing of related court documents.

HT World··San Francisco

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PoliticsPhoto: Hindustan Times

BJP Confident Despite Opposition Protests Over SIR Ahead of State Polls

The Bharatiya Janata Party (BJP) remains confident that ongoing Opposition protests against the Election Commission of India (ECI) and the special intensive revision (SIR) will not affect its prospects in next year’s assembly elections. Scheduled polls in Punjab, Uttar Pradesh, Uttarakhand, Goa, and Manipur see BJP in power in four states. The party plans a nationwide awareness campaign and dismisses Opposition claims as baseless.

Hindustan Times·

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TechnologyPhoto: NDTV Tech

OnePlus Ace 7 Schematics Reveal Dual-Airflow Cooling Design

The OnePlus Ace 7, under development for the Chinese market, features a dual-airflow cooling system as shown in leaked schematics by tipster Digital Chat Station. The phone is expected to use the Snapdragon 8 Elite Gen 5 chipset. Its cooling system may include an AI temperature sensor, proprietary technology, and measures to reduce fan noise and dust ingress.

NDTV Tech·

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BusinessPhoto: Business Standard

India Targets BS-VII Emission Norms for Passenger Vehicles by 2029

The Indian government plans to introduce Bharat Stage-VII (BS-VII) emission standards for passenger vehicles starting April 1, 2029. The new norms will include regulations on brake and tyre pollution, tougher real-world emission tests, and battery durability. The phased implementation will occur in 2029, 2031, and 2035, primarily affecting M1-category vehicles like cars and SUVs. Automakers warn the timeline may disrupt product launches and EV development.

Business Standard·

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