The Indian stock market has had a rough year so far, with record sell-offs by foreign investors and a falling rupee. The combination has led to Indian equity markets falling behind in market capitalisation. The island nation's surge has been fuelled by the dramatic rise in value of its semiconductor industry.

In his first encyclical, Pope XIV called for AI to be regulated in the service of the common good. He said that AI today must be "freed from logics that turn it into an instrument of domination, exclusion, and death." The letter also contained one of the most comprehensive apologies the Vatican has issued for the Catholic Church's role in slavery.

Indian telco launched a new service called "Priority Postpaid" that, as the name suggests, prioritises 5G bandwidth for postpaid customers. The DoT (Department of Telecom) has understandably asked the company to clarify whether this would mean degrading the service quality of prepaid 5G users through network throttling or by any other means.

Donald Trump has asked Saudi Arabia, Qatar, Pakistan, Turkey, Egypt and Jordan to join the Accords to normalise relations with Israel. The UAE and Bahrain were the first signatories during Trump's first term. They were followed by Morocco and Sudan. Saudi Arabia's position has been that signing would be contingent on a roadmap to Palestinian statehood.

Romanian director Cristian Mungiu won the Cannes Film Festival's d'Or for his drama "Fjord", which explores clashing cultures. Set in Norway, the film depicts a Romanian IT specialist who decides to move his family of seven to a Norwegian village. Soon, cultural differences over child-rearing take an extreme turn and child-protection services become involved. The divisions reflect a broader battle between conservative and progressive values.