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BusinessPhoto: ET MarketsHedge funds reduced their technology sector exposure at the fastest rate in at least ten years due to a weakening global AI trade. Despite this sharp risk reduction, technology stocks still constitute a significant portion of hedge fund portfolios. The selloff last week heavily impacted tech stocks, according to data from Goldman Sachs.
ET Markets·
PoliticsPhoto: Deccan HeraldKarnataka plans to ban social media use for children under 16, following a Budget announcement. The state will regulate computer use in schools and colleges but says a full social media ban requires Central government approval. The Department of School Education will propose recommendations to the Cabinet next month, aiming to restrict access to harmful online content on school devices across government and private institutions.
Deccan Herald··Bengaluru
SportsPhoto: Amar UjalaPrime Minister Narendra Modi congratulated Indian athletes who won 11 medals (4 gold, 5 silver, 2 bronze) at the 2026 Asian Para Games, praising their discipline and determination. Separately, Abhijeet Dipke, founder of the Cockroach Janata Party, criticized the Allahabad High Court's suspension of a murder convict's sentence while extending judicial custody of two party co-conveners, highlighting the contradiction.
Amar Ujala··Allahabad
SciencePhoto: News18 WorldJapan launched the Martian Moons eXploration (MMX) spacecraft to collect samples from Mars' moon Phobos and return them to Earth. The unmanned probe lifted off from Tanegashima Space Centre and aims to reach Mars by August next year. The mission will study Phobos, collect at least 10 grams of surface material, and help scientists understand the moons' origins and the Solar System's early history.
News18 World·
BusinessPhoto: Deccan HeraldAudi has launched the third-generation Q3 compact SUV in India at an introductory ex-showroom price of Rs 51,99,000. The vehicle is locally assembled at the Skoda Auto Volkswagen India plant in Chhatrapati Sambhajinagar, Maharashtra. It delivers 150 kW power, features quattro all-wheel drive, and includes advanced technology like a panoramic digital display, head-up display, and SONOS premium sound system. Audi plans two more new product launches in India as part of an expanded product strategy.
Deccan Herald··Chhatrapati Sambhajinagar
PoliticsPhoto: Hindu TechU.S. prosecutors allege that Abdulrahman Alfozan, a former OpenAI employee accused of planting a device, was frequently in contact with an unnamed Saudi royal family member. Court documents reveal that a Saudi military member paid for a one-way plane ticket for Alfozan’s wife and son to return to Saudi Arabia.
Hindu Tech·
ET Markets·
Photo: ET MarketsHedge funds reduced their technology sector exposure at the fastest rate in at least ten years due to a weakening global AI trade. Despite this sharp risk reduction, technology stocks still constitute a significant portion of hedge fund portfolios. The selloff last week heavily impacted tech stocks, according to data from Goldman Sachs.
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