Antarctic winter sea ice hits third-lowest maximum on record, trend continues

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On September 14, Antarctic sea ice reached its seasonal peak, covering approximately 17.59 million square kilometers. This level is the third-lowest maximum extent recorded since satellite observations began. It continues a four-year trend of historically low winter sea ice coverage. Scientists are concerned as this decline indicates a significant shift in the Antarctic climate system.

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Gold Prices Up 54%, Diamond Jewellery Sales Expected to Rise 15-20%

The Times of India reports a significant 54% surge in gold prices, prompting a shift in consumer behavior. Many buyers are now opting for diamond jewellery as a more cost-effective alternative. Retailers anticipate a 15-20% sales increase in diamond pieces during the upcoming festive season. To meet demand, jewellers are introducing more affordable and lightweight diamond-studded designs.

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South Korea supermarket stabbing injures eight, suspect arrested

A man armed with knives attacked shoppers at a supermarket in Incheon, South Korea on Tuesday. The incident resulted in eight people being injured, with one woman suffering cardiac arrest. The suspect, a man in his 60s, was arrested at the scene. He was reportedly wearing an electronic monitoring bracelet during the attack.

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Consumer panel orders Qatar Airways, EaseMyTrip to pay Rs 3 lakh for denying refund

The Hyderabad consumer commission ruled in favor of a passenger denied a refund after a brain tumour diagnosis. The man had requested a refund from Qatar Airways and EaseMyTrip for a canceled international trip, submitting medical documents. Both entities refused a full refund, offering a reduced amount instead. The commission found them jointly liable and ordered a full refund plus compensation for mental distress and costs.

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India defers merchant fee on UPI payments above Rs 2,000 until after Diwali.

The Indian government has postponed implementing a Merchant Discount Rate for UPI transactions exceeding Rs 2,000. The fee, initially set to begin on October 15, will now take effect after the Diwali festival. This delay is intended to prevent disruptions during the peak festive shopping season. It also provides payment companies more time to prepare for the change, which is expected to create a new revenue source for them.

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