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BusinessPhoto: TOI Business

US Stocks Drop as Inflation Surges, S&P 500 Falls 1.1%

US stock markets declined after inflation unexpectedly rose, causing concerns about higher borrowing costs. The S&P 500 fell 1.1%, and the Nasdaq dropped 1.6%. Treasury yields increased, prompting investors to reconsider the appeal of stocks versus bonds. Major banks weighed the risks and rewards of investing in the evolving artificial intelligence sector amid rising interest rates.

TOI Business·

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SportsPhoto: News18 Sports

Diya Chitale Eyes Olympics After Asian Games Bronze

Asian Games mixed doubles bronze medallist Diya Chitale described the event as a stepping stone toward the Olympics. She plans to focus on upcoming WTT tournaments and the World Championships to improve her world ranking and qualify for the Olympics. Diya and Manush Shah defeated the world No. 4 Hong Kong pair before losing to China’s world No. 2 duo in the semifinals.

News18 Sports··Mumbai

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TechnologyPhoto: ET Tech

Eight US States Sue OpenAI Over ChatGPT's Impact on Children

Eight US states have filed lawsuits against OpenAI in state courts, alleging that ChatGPT harms children. The lawsuits seek court orders requiring OpenAI to modify ChatGPT's functionality for young users and to relinquish profits earned from children using the platform.

ET Tech·

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WorldPhoto: Deccan Herald

Two Empty Train Coaches Burnt Near Bengaluru's Rajanukunte

Two empty railway coaches used for mock drills caught fire near Rajanukunte, Bengaluru, causing panic. The coaches had been parked for a year. Fire and Emergency Services controlled the blaze after being alerted by railway staffer Murugesh. No casualties or damage beyond the coaches were reported. Railway police suspect arson and have launched an investigation.

Deccan Herald··Bengaluru

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BusinessPhoto: Times of India

US Secretary Marco Rubio to Visit Reliance Refinery in Jamnagar

US Secretary of State Marco Rubio will visit Mumbai and Jamnagar, Gujarat, next week. His brief stop in Jamnagar includes touring the Reliance oil refinery. This visit is linked to Reliance's plans to invest in a major Texas refinery, the first in 50 years in the US, which is a key priority for the Trump administration.

Times of India··Jamnagar

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WorldPhoto: Deccan Herald

K-RIDE Advances Railway Doubling with Underbridge Near Hebbal

K-RIDE is progressing with the Yeshwantpur–Channasandra railway doubling project by installing precast segments for a road underbridge near Hebbal and Lottegollahalli stations. The new underbridge will replace Level Crossing Gate No 150, improving rail capacity on the 21.70-km corridor and easing traffic around Dollar’s Colony. Approach road work will connect the passage to existing roads, reducing congestion and delays.

Deccan Herald··Bengaluru

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