Loud explosions were reported near the Saudi Aramco headquarters in Dhahran. The incident occurred on Wednesday, according to a source cited by The Economic Times. The cause of the booms is currently under investigation by authorities. No immediate claims of responsibility or details on damage were provided.
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The International Monetary Fund has issued a warning regarding the current surge in artificial intelligence investments. The IMF cautions that this AI boom could potentially lead to financial instability if it busts. The organization outlined how rapid growth in speculative tech investments can create economic vulnerabilities. The warning serves as a preemptive note to policymakers and investors to manage risks.
The Supreme Court has temporarily halted the criminal trial against Congress leader Rahul Gandhi. The case stems from a 2019 remark where Gandhi referred to Prime Minister Narendra Modi as a 'thief'. The trial court in Surat had summoned Gandhi over allegations of defamation. The apex court issued the stay while considering his petition to quash the proceedings.
The INDIA opposition coalition has temporarily suspended its daily protest marches in Delhi. The demonstrations were directed against the BJP-led central government. The pause coincides with the ongoing festival season in the capital. The alliance plans to resume its protest activities after this period.
The Bharatiya Janata Party has won the Gandhinagar municipal corporation election. The party secured 38 out of 44 seats in the civic body polls. The results were declared on Monday. This victory allows the BJP to retain administrative control of the capital city's municipality.
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