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Sensex tanks 1,124 pts to 6-month low amid surging crude oil prices, geopolitical uncertainties

Mumbai, Sep 28 (PTI) Stock markets tumbled on Monday, with the benchmark Sensex plunging 1,124 points to a six-month low and the Nifty closing below 22,800 as surging crude oil prices, geopolitical uncertainties, and weak global trends hit investor sentiment. The 30-share BSE Sensex tanked 1,124.02 points, or 1.52 per cent, to settle at 72,771.72, the lowest closing level since March 30, 2026. During the day, it lost 1,179.51 points, or 1.59 per cent, to 72,716.23. The 50-share NSE Nifty dropped 360.25 points, or 1.56 per cent, to end at a near six-month low of 22,780.25. As many as 47

Rupee falls 28 paise to close at 96.03 against US dollar

Rupee falls 28 paise to close at 96.03 against US dollar

Mumbai, Sep 28 (PTI) The rupee depreciated 28 paise to close at 96.03 (provisional) against the US dollar on Monday, on risk-off sentiments in global markets after the US rejected a deal proposal by Iran, diminishing hopes of reopening of the Strait of Hormuz. Forex traders said global risk sentiments deteriorated as the stalemate between the US and Iran continued; falling risk assets and a surge in crude oil prices may continue to pressurise the rupee. At the interbank foreign exchange market, the rupee opened on a negative note at 95.89 against the American currency. During the day, the local

Anthropic and OpenAI sound the alarm on AI safety — and seek to shape how it’s controlled

SAN FRANCISCO, September 28, 2026 (AP) — As tech titans warned an AI-weary world that their own advanced systems could endanger humanity, the question emerged: What do they have to gain? The answer may lie in the companies’ efforts to score political goals ahead of the U.S. midterm elections and the money top artificial intelligence labs and their investors stand to make in much-anticipated listings on a jittery stock market. The CEOs of Anthropic and OpenAI recently declared America’s cutting-edge models are so powerful, they’re dangerous, and need to be regulated and independently tested before being released. In a rare

Heavy rain and flooding kill at least 62 in UP

LUCKNOW, India, September 28, 2026 (AP) — At least 62 people have died after days of heavy rain and flooding in northern India’s Uttar Pradesh state, officials said Monday. The state government said 46 people were injured and more than 1,000 houses were damaged after three days of heavy rainfall caused flooding in several districts. Schools were closed Monday in parts of the state, including the capital, Lucknow, while rescue teams moved people from flooded areas to safer locations. Residents were advised to avoid unnecessary travel through waterlogged areas and stay away from fast-flowing rivers, streams and drains. Rainfall was

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