Apple has reclaimed the position of the world's most valuable company, surpassing Nvidia amid rising concerns. Both companies have seen their stock prices decline, with Apple falling 1.2 percent and Nvidia 4.2 percent. Significant investments in artificial intelligence by major firms have raised questions regarding long-term sustainability. Apple's limited capital expenditure on AI compared to rivals has attracted investor interest and boosted free cash flow projections.

Binance to resume withdrawals after recovering 95% of $6.3 billion crypto theft
https://timesofindia.indiatimes.com/business/international-business/binance-to-resume-withdrawals-after-recovering-95-of-6-3-billion-crypto-theft/articleshow/135418376.cms

Binance has announced a phased resumption of cryptocurrency withdrawals following a significant heist of $6.3 billion. The exchange reported it has recovered 95% of the stolen digital assets, enabling this process. The remaining 5% consists of less liquid tokens, which may require additional time to source. The FBI is investigating the cyberattack, linking it to a North Korean hacking group named TraderTraitor.

Commercial LPG price hiked by Rs 10; ATF rates up for fourth straight month
https://timesofindia.indiatimes.com/business/india-business/commercial-lpg-cylinder-price-hiked-by-rs-10-to-rs-2820-atf-rates-up-for-fourth-straight-month/articleshow/135418438.cms

The prices of commercial LPG cylinders have jumped by Rs 10 to reach Rs 2,820, marking a consecutive increase after a rise of Rs 62.50 earlier this month. Additionally, the cost of aviation turbine fuel has escalated by Rs 1.37 per litre, further burdening airline costs. In contrast, domestic LPG prices stand steady at Rs 942 for a 14.2-kg cylinder, showcasing the impact of international market variations.

India's record oil imports hit 5.6 million bpd as Middle East, Russia supplies rise: Report
https://timesofindia.indiatimes.com/business/india-business/indias-record-oil-imports-hit-5-6-million-bpd-as-middle-east-russia-supplies-rise-report/articleshow/135420773.cms

India witnessed a notable rise in crude oil imports, reaching approximately 5.6 million barrels per day in October. A significant portion, around 2.3 million bpd, came from the Middle East, with Russian shipments also holding a firm position at nearly 2 million bpd. Yet, increasing freight costs might diminish the desirability of Russian oil moving forward.

GST collections rise 22.9% to Rs 2.31 lakh crore in October
https://timesofindia.indiatimes.com/business/india-business/gst-collections-rise-22-9-to-rs-2-31-lakh-crore-in-october/articleshow/135421008.cms

October witnessed a remarkable surge in India's Goods and Services Tax revenues, hitting Rs 2.31 lakh crore, reflecting a commendable 22.9% growth from last year. This rise was primarily fueled by a staggering 42.2% increase in imports and consistent domestic transactions. Furthermore, major states contributed positively to these collections, showcasing a resilient economy and improved adherence to tax regulations across the country.