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BusinessIT stocks surged up to 4% on Friday, adding Rs 70,000 crore in market value despite the US suspending the PERM labor certification program. Positive Q2 results from TCS, including a 15% profit increase, along with easing oil prices, bond yields, and OpenAI developments boosted investor sentiment. Brokerages noted near-term margin pressures and AI-related risks.
ET Markets·
PoliticsA 40-year-old CRPF Rapid Action Force head constable, Dhananjoy Rai from Uttar Pradesh, was injured by splinters after unidentified assailants threw a hand grenade at the B/107 RAF outpost gate in New Lambulane, Imphal East. He was treated at JNIMS and later referred to Shija Hospital, where he remains in ICU on ventilator support. Authorities conducted a search but have not found suspects.
Hindustan Times··Imphal East
BusinessOil prices dropped on Friday after a sharp rise the previous day, following President Trump's statement that the U.S. would not attack Iran before the November 3 midterm elections. Brent crude fell 1.3% to $102.90 per barrel, and West Texas Intermediate dropped 1.4% to $89.50. Despite the decline, prices remain high due to ongoing shipping risks in the Persian Gulf and disruptions in U.S. offshore production.
HT World·
EntertainmentBhojpuri actress Amrapali Dubey questioned gamer ScoutOP's behavior after he was seen massaging Love Gill with his hand inside her shirt. The incident raised concerns about the appropriateness of ScoutOP's actions towards Love Gill.
NDTV Movies·
PoliticsGermany’s former spy chief August Hanning maintained longstanding contacts with Wang Jianzheng, a former senior Chinese official and major general at the Chinese embassy in East Germany. Hanning was detained on suspicion of sharing confidential information with foreign intelligence agents after retirement. His lawyer denies any harm to German interests and calls the prosecution wrongful. Details on the shared information remain undisclosed.
Firstpost World·
PoliticsA 33-year-old tribal woman from Latehar district, Jharkhand, accused policemen at Bariatu police station of beating, sexual harassment, and casteist slurs. The complaint names officer Prabhat Kumar Das and others. The woman was forcibly taken into custody on October 5 while grazing goats. She alleges severe assault, being tied upside down, and forced to eat green chillies. Chief Minister Hemant Soren has ordered an investigation.
Hindustan Times··Latehar
ET Markets·
IT stocks surged up to 4% on Friday, adding Rs 70,000 crore in market value despite the US suspending the PERM labor certification program. Positive Q2 results from TCS, including a 15% profit increase, along with easing oil prices, bond yields, and OpenAI developments boosted investor sentiment. Brokerages noted near-term margin pressures and AI-related risks.
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