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Sensex rebounds 329 pts on rally in IT shares, global cues amid US Fed rate cut hopes

Mumbai, Aug 25 (PTI Benchmark BSE Sensex rebounded by 329 points on Monday following heavy buying in IT and auto shares and a rally in global equity markets on hopes of a potential US Federal Reserve rate cut. The 30-share BSE Sensex climbed 329.06 points or 0.40 per cent to settle at 81,635.91 with 20 of its constituents ending higher and 10 with losses. During the day, it jumped 492.21 points or 0.60 per cent to 81,799.06. The 50-share NSE Nifty rose by 97.65 points or 0.39 per cent to 24,967.75. Infosys was the biggest gainer among Sensex firms, rising

“Hallmark of cowardly government”: Rahul Gandhi criticises government over lathi charge of protesting SSC aspirants at Ramleela Maidan

New Delhi [India], August 25 (ANI): Congress leader Rahul Gandhi on Monday criticised the ruling government over the lathi charge on Staff Selection Commission (SSC) aspirants at New Delhi’s Ramleela Maidan that took place yesterday, calling it “hallmark of a cowardly government. In a post on social media X, Rahul lashed out at the Prime Minister Narendra Modi led-government claiming that that they neither cared about the country’s youth and their future, because the government only came to power by stealing votes. रामलीला मैदान में शांतिपूर्ण प्रदर्शन कर रहे SSC अभ्यर्थियों और शिक्षकों पर बर्बर लाठीचार्ज – शर्मनाक ही नहीं,

Gold eases off two-week peak as dollar ticks up

Aug 25 (Reuters) – Gold slipped from a near two-week high on Monday as the dollar crept higher, although increased expectations of interest rate cuts in the U.S. following Federal Reserve Chair Jerome Powell’s dovish pivot last week lent some support to bullion. Spot gold was down 0.2% at $3,365.83 per ounce, as of 0440 GMT, after hitting its highest since August 11 on Friday. U.S. gold futures for December delivery eased 0.2% to $3,410.20. The U.S. dollar index rose 0.2% against its rivals after dropping to a four-week low, making gold less attractive to overseas buyers. “There’s a decent

AI systems great at tests, but how do they perform in real life?

Melbourne, Aug 25 (The Conversation) Earlier this month, when OpenAI released its latest flagship artificial intelligence (AI) system, GPT-5, the company said it was “much smarter across the board” than earlier models. Backing up the claim were high scores on a range of benchmark tests assessing domains such as software coding, mathematics and healthcare. Benchmark tests like these have become the standard way we assess AI systems – but they don’t tell us much about the actual performance and effects of these systems in the real world. What would be a better way to measure AI models? A group of

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