Economy
Karnataka seeks to blacklist L&T over delay in drinking water project
Nov 12, 2026

Karnataka seeks to blacklist L&T over delay in drinking water project

Officials told the minister that the contractor had failed to procure pipes, deploy adequate workers and submit progress reports despite a final notice...

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US stocks: S&P 500, Nasdaq fall as Nvidia CEO exit rattles AI stocks
Nov 12, 2026

US stocks: S&P 500, Nasdaq fall as Nvidia CEO exit rattles AI stocks

Nvidia's stock took a hit after CEO Jensen Huang stepped down, amid swirling personal controversies. This turmoil added noticeable pressure to the AI sector, dragging down the value of related stocks....

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Cold War lessons for the AI age: how a US-China hotline could help stop a nuclear attack
Nov 12, 2026

Cold War lessons for the AI age: how a US-China hotline could help stop a nuclear attack

The United States and China should set up a dedicated hotline to help reduce the risk of AI-induced nuclear attacks, analysts have said. The call came amid a fresh push by Washington to prioritise hig...

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US jobless claims tick up to 200,000 but remain low by historic standards
Nov 12, 2026

US jobless claims tick up to 200,000 but remain low by historic standards

Jobless claims in the United States increased to 200,000 but remain at historically low levels. Employers are adding an average of 86,000 jobs monthly, which is significantly better than last year. La...

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Washington DC Shooting: Is there an active shooter in capital? Four people shot in Logan Circle. Here's what happened
Nov 12, 2026

Washington DC Shooting: Is there an active shooter in capital? Four people shot in Logan Circle. Here's what happened

Four people were injured in a shooting in Logan Circle, Washington DC on Thursday. Police have reached the spot after there were reports of multiple shots being fired in the area. An investigation is ...

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Rupee hits one-week low, slips past 94 per dollar
Nov 12, 2026

Rupee hits one-week low, slips past 94 per dollar

The Indian currency closed 35 paise weaker at 94.04 per USD against the previous close of 93.69...

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'Profound' contributions, and not a word about why: What Nvidia's resignation statement leaves out
Nov 12, 2026

'Profound' contributions, and not a word about why: What Nvidia's resignation statement leaves out

It was announced that Nvidia's Executive Vice President and Chief Financial Officer, Colette Kress, has been appointed interim CEO. This comes after it was revealed that Jensen engaged in two extramar...

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