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BusinessPhoto: TOI BusinessInfosys stated that the US Department of Labor's suspension of new and pending applications under the Permanent Labor Certification (PERM) program, which affects certain companies including Infosys, is unlikely to materially impact its business operations. The company downplayed concerns over the suspension's effect on its workforce and project delivery.
TOI Business·
WorldPhoto: Firstpost WorldAt least 72 artisanal miners were killed in airstrikes on a gold mine at the Sudan-Egypt border, according to the Sudanese Emergency Lawyers rights group. Survivors described chaos after the attack on Saturday, the second this year on the Jabal al-Uqaydat mining site. The group accused the Egyptian air force, though Egypt has not commented. The border area is disputed, with both countries claiming the Halayeb triangle.
Firstpost World·
BusinessPhoto: Mint MarketsOn October 9, Indian benchmark indices Nifty 50 and Sensex ended an eight-week losing streak with gains of 1.30% and 1.23%, respectively. Bank Nifty rose 1.36%, led by IT stocks after Tata Consultancy Services' quarterly results. Sumeet Bagadia of Choice Broking highlighted improving short-term sentiment despite macroeconomic challenges like high oil prices and geopolitical tensions affecting inflation and the rupee.
Mint Markets·
BusinessPhoto: ET MarketsNifty's recent recovery has sparked optimism, but analysts emphasize the need for a sustained close above key resistance levels to confirm further gains. They advise a cautious approach, suggesting accumulation of select stocks like Aurobindo Pharma and TCS, which show strong momentum and resilience. Market watchers should closely monitor immediate support levels for Nifty and Bank Nifty.
ET Markets·
EntertainmentPhoto: News18Hi EntertainmentOn October 11, Amitabh Bachchan celebrated his 84th birthday. A large crowd gathered outside his residence, Jalsa, to greet him. Following his tradition, the superstar came out to greet his fans and thanked them for their love. When there was a delay in meeting them, he apologized with folded hands.
News18Hi Entertainment·
WorldPhoto: FirstpostIndia condemned attacks on two commercial vessels near the Strait of Hormuz on October 11, 2026, which left two Indian seafarers missing and nine rescued. The MT Petro Dolphin was hit by a drone, and the MT Valthera was struck by an unknown projectile causing a fire. The government called for immediate de-escalation and urged all sides to stop attacks on commercial shipping. Search-and-rescue operations are ongoing.
Firstpost·
TOI Business·
Photo: TOI BusinessInfosys stated that the US Department of Labor's suspension of new and pending applications under the Permanent Labor Certification (PERM) program, which affects certain companies including Infosys, is unlikely to materially impact its business operations. The company downplayed concerns over the suspension's effect on its workforce and project delivery.
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