11:11 | All eyes on Trump-Xi meeting; more AI job cuts; India’s NEET crisis deepens, and more

In this edition of 11:11, we track the high-stakes Trump-Xi meeting in Beijing as the two leaders attempt to steady US-China ties while a fragile ceasefire holds in West Asia.

We also look at how the AI race continues to reshape the global workforce with Cisco announcing 4,000 job cuts. Dive also into the fall of the rupee to a new low against the dollar, and how India’s NEET UG 2026 paper leak controversy is pushing the government to consider sweeping exam reforms.

Plus, market reaction to earnings

results and more.

'Whole world is watching': Xi Jinping warns against rivalry as Donald Trump praises China

Chinese President Xi Jinping on Thursday, May 14 welcomed Donald Trump to Beijing for high-stakes talks, saying “the whole world is watching” the meeting between the leaders of the world’s two largest economies, while the war in West Asia is contained by a fragile ceasefire.

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Israel claims PM Netanyahu 'secretly' met UAE Prez Zayed, UAE denies

Israel's Prime Minister Benjamin Netanyahu "secretly visited" the United Arab Emirates (UAE) and met UAE President Sheikh Mohamed bin Zayed, Israel's PM Office said in a statement. However, UAE's Ministry of Foreign Affairs (MoFA) denied any such visit.

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Gold, silver ease as investors track trade talks, inflation cues

Gold and silver prices traded lower on Thursday (May 14) after earlier gains driven by a weaker US dollar and investor focus on ongoing talks between US President Donald Trump and Chinese President Xi Jinping, while markets continued to assess the impact of inflationary pressures and India’s recent import duty hike on bullion demand.

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Stock Crash: Zaggle shares fall most since listing after 17% drop on Q4 margin contraction

Shares of Zaggle Prepaid Ocean Services Ltd. are trading more than 17% lower on Thursday, May 14, after the company reported a sequential decline in margins despite posting strong growth in revenue and profit for the March quarter. The decline today is the stock's steepest fall since its listing.

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Rupee breaches 95.80 mark against dollar for the first time

The Indian rupee slid to an all-time low level against the US dollar on Thursday (May 14), breaching the 95.80 mark for the first time, as elevated crude oil prices and sustained foreign portfolio outflows intensified pressure on the country’s external balances.

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Q4 Results LIVE Updates

Nifty constituents JSW Steel and Tata Motors PV as well as Apollo Tyres, Hindustan Aeronautics, Data Patterns, United Spirits, Vishal Mega Mart are among the companies reporting their numbers today. Bharti Airtel, Bharti Hexacom, DLF, Oil India, among others will also be reacting to their results reported after market hours on Wednesday.

Live Updates Here

Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge

Cisco said on Wednesday it would cut nearly 4,000 jobs as part of a restructuring aimed at shifting investment toward artificial intelligence and related growth areas, and raised its annual revenue forecast after a surge in hyperscaler orders.

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Alibaba aims for major gains from AI even as business growth falls short

Alibaba Group and Tencent Holdings delivered mixed quarterly results as China’s two biggest technology firms intensified their push into artificial intelligence, underscoring the growing pressure on major internet companies to convert soaring AI investments into sustainable revenue growth.

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NEET UG 2026 paper leak case: CBI arrests five, hybrid exam model under consideration

The Centre is actively examining a hybrid examination model as a possible long-term reform for NEET UG following the cancellation of NEET UG 2026 amid paper leak allegations and earlier concerns raised after NEET UG 2024.

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Kerala CM decision today: Congress to decide from Venugopal, Satheesan or Chennithala

The Congress leadership is expected to announce the next Chief Minister of Kerala on Thursday, May 14, bringing an end to days of uncertainty within the Congress-led United Democratic Front (UDF) following its victory in the Kerala Assembly elections 2026.

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Karnataka scraps 2022 uniform restrictions, allows hijab, turban and sacred thread in schools

The Karnataka government has withdrawn its 2022 order on school uniforms and allowed students to wear the hijab, turban, sacred thread, and other religious symbols along with the prescribed uniform.

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