Chinese President Xi Jinping is championing a new global body for artificial intelligence governance. He presented this initiative at the APEC leaders' meeting, aiming to foster international cooperation. This move also highlights China's growing influence in trade and technology. The proposal seeks to make AI a global public good. China will host the APEC summit in Shenzhen in 2026.
The ongoing visit to Bangladesh by Ibtisam Elahi Zahir, general secretary of Pakistan's Markazi Jamiat Ahle Hadith and a close aide of Jamaat-ud-Dawa chief Hafiz Saeed, has raised concerns about efforts to encourage radical ideas in a country, according to Bangladesh watchers.
Last month, thieves wielding power tools raided the Louvre, the world's most visited art museum, in broad daylight, taking just seven minutes to steal jewellery worth an estimated $102 million.
Indian markets traded rangebound last week, ending slightly lower. The Nifty broke a long-term trendline but faces resistance. A truncated week ahead may see consolidation. PSU Bank and Metal sectors are outperforming. Participants should remain selectively bullish and stock-specific. Cautious optimism is advised for the coming days.
Markets ended lower after a four-week rally due to profit-booking and mixed global signals. While broader indices showed strength, sectors like Auto and IT faced pressure. Analysts suggest PSU Banks, Oil & Gas, and Realty are poised for outperformance, with specific stock recommendations provided for investors seeking opportunities.
Markets ended their four-week winning streak, closing marginally lower amid profit-booking and mixed global cues. The tone remained largely positive and volatile during the first three sessions; however, profit-taking in the final part of the week erased early gains.Amid the volatility, the broader indices continued to outperform, with the Midcap index advancing 1% and the Smallcap index rising 0.7%, indicating selective buying interest across segments. Ten smallcap stocks delivered weekly gains up to 55%, reflecting strong stock-specific momentum.
