Trump blames Iran for flydubai incident, Vance 'defers', says 'nothing conclusively yet'
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Oil prices hover near $100 as Middle East supply holds up, Gulf risks persist
Oil prices are currently around $100 a barrel as stable Middle Eastern exports ease supply concerns. However, ongoing regional conflicts, including Houthi attacks, raise risks of disruptions. Officials indicate that rebuilding global oil stockpiles could take years due to significant withdrawals. Industry executives predict that demand recovery may not occur until 2028 or 2029. Prices may stabilize at around $70 a barrel depending on future production levels.
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IndiaTimes of India ·
Test for BJP in Bengal, TVK in TN; bypolls in 5 assembly constituencies, 1 LS seat begins
Voting commenced at 7 am for multiple by-elections across West Bengal, Assam, and Puducherry on Tuesday. In West Bengal, significant contests included Nandigram and Rejinagar with notable security. Assam's Nagaon Lok Sabha by-election also featured 19 candidates competing for votes. In Puducherry, the election for Thattanchavady Assembly witnessed a three-way contest among different political parties. Counting for these elections will occur on October 9 across all constituencies.
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IndiaTimes of India ·
Accenture CEO rejects concerns that AI is a threat to the company’s business model
Accenture's CEO Julie Sweet shared insights on significant advancements in artificial intelligence impacting the company. Over 400 clients have started advanced AI projects in the past fiscal year. The company recorded fourth-quarter revenue growth fueled by AI-driven efficiencies and client transformation integration. Additionally, productivity enhancements have allowed for executing larger projects without proportional headcount increases. Accenture intends to moderate recruitment rates as automation continues to absorb operational tasks.
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IndiaTimes of India ·
Missed IIT by 0.01, rejected by MIT: Meet Perplexity’s Aravind Srinivas
Aravind Srinivas overcame significant educational hurdles after failing to meet the cut-off at IIT Madras. Taking charge of his learning, he self-taught programming and excelled in competitive challenges. Following successful internships at top AI research facilities, he co-founded Perplexity AI in 2022. Now, at just a young age, he boasts a remarkable net worth of $2.1 billion, showcasing his unwavering resilience and hard work.
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