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IMF proposes Chinas Min Liao as deputy managing director, Bo Li to exit in November

The International Monetary Fund has nominated Min Liao, Chinas Vice Minister of Finance, for Deputy Managing Director. His appointment follows the term expiration of Bo Li, which ends on November 30, 2026. Liao has extensive experience in financial regulation and macroeconomic governance, contributing to global economic policy coordination. He has played significant roles in various financial institutions since beginning his career.

The Economic Times 29 Oct 2026 3:25 pm

In 2026, Texas deployed 400 tons of concrete railroad ties off Port OConnor; the material was arranged into two piles at an artificial reef site

In April 2026, Texas took a significant step by deploying 400 tonnes of concrete railroad ties to form two artificial reef piles. This project is designed to transform the flat bottom of the Gulf into a thriving habitat for marine life. Researchers are closely examining how these artificial reefs influence fish communities, with valid concerns about potential fish migration from other regions.

The Economic Times 29 Oct 2026 3:00 pm

Oxygen cylinder explodes inside ambulance, killing at least 10 in Pakistan

A local police official said patients were being transferred to another hospital when the explosion occurred. Images on social media and on television stations showed flames engulfing a vehicle, with one door open. Another image showed its blackened frame outside a building as people stood nearby.

The Economic Times 29 Oct 2026 2:17 pm

US Iran war: UKMTO says ship seen ablaze in Strait of Hormuz off Oman coast

A vessel is currently on fire in the Strait of Hormuz, with the crew's status still unknown. The UK Maritime Trade Operations have received the report from a nearby vessel. Vessels in the area are advised to exercise caution and report suspicious activity. The origin of the fire has not been verified, and no damage assessment has been conducted.

The Economic Times 29 Oct 2026 2:08 pm

Delhi traffic advisory: Restrictions, diversions around JLN Stadium on October 30 for Diljit Dosanjh concert

Delhi Traffic Police announced traffic advisories for Diljit Dosanjh's concert at Jawaharlal Nehru Stadium on October 30, 2026. The traffic restrictions will be implemented from 1 pm to midnight in the vicinity of the venue. Commuters are encouraged to use public transport, with Delhi Metro considered a suitable option. Motorists should remain patient and follow traffic rules to assist with smooth movement.

The Economic Times 29 Oct 2026 1:00 pm

India is addressing Wall Streets favourite elephant in the room to its own advantage

The Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning farming, railway safety, tax compliance, public grievances, customs and healthcare. While some tools are already in use, others remain in pilot or development stages.

The Economic Times 29 Oct 2026 12:51 pm

US midterms: Decoding the high-stakes game

The November 3 US midterm elections will determine whether Donald Trump continues to rule the US a Congress largely aligned with his agenda, or faces two years of heated resistance from an opposition empowered to challenge each and every decision of his.With all 435 seats in the House of Representatives and 35 of the Senates 100 seats up for election, the results will shape the balance of power in Washington, influence key policy decisions and set the stage for the 2028 presidential contest.Also read | Trump and Obama trade barbs in closing week of US midterm electionRepublicans currently control both chambers of Congress, giving the president a legislative advantage. Democrats are seeking to break that hold and turn Congress into a check on executive power. The outcome will decide not only the administrations ability to advance its priorities but also the extent of congressional oversight during the remainder of Trumps term.What are midterm elections and why do they matter?US presidents and vice-presidents are elected every four years. Midterm elections take place halfway through that period, when voters elect members of Congress and several state-level officeholders, but not the president or vice-president.Unlike presidential elections, which use the Electoral College to determine the winner, midterms decide the composition of Congress. Historically, the presidents party tends to lose congressional seats in these elections, reflecting voter approval or dissatisfaction with the administration. This trend is not inevitable, but it makes the midterms a crucial test of a presidents political standing.The newly elected 120th Congress will convene in January 2027. Its composition will determine how much legislative support Trump retains for the final two years of his presidency.House of Representatives: A narrow path to controlThe House is expected to be the most closely contested battleground. A September 2026 analysis by the European Parliaments research service put the Republican strength at 219 seats against 214 for Democrats, with two vacancies. Reuters reported on October 12 that Democrats would need a net gain of four seats to secure a majority.Although the numerical gap is small, the contest will depend on individual districts with different political preferences, local concerns and candidates. Congressional boundaries are another factor. Mid-decade redistricting, which allows states to redraw electoral maps between the usual ten-year census cycles, has altered the competitive landscape. Republican-led efforts in some states have created additional obstacles for Democrats, even as other districts remain susceptible to changing voter sentiment.Races in Pennsylvania, Arizona, Michigan, North Carolina, Florida and Washington are among those to watch. Vulnerable Republican incumbents and open seats could prove decisive in determining which party controls the chamber.Also read | Bloomberg, two trading firms agree to pay Truth Social for faster access to Trump's posts, sources sayA Democratic victory would give the party the House leadership and greater scope to launch investigations, issue subpoenas and scrutinise the administration. Republicans, meanwhile, would retain an important legislative advantage if they hold their majority. Democrats do not need to win every competitive race; they need to gain enough seats while protecting their own vulnerable incumbents.Senate: The battle over judges and appointmentsThe Senate presents a different challenge for Democrats because several Republican-held seats are in states that Trump won comfortably in 2024. Republicans currently have 53 seats, while Democrats and independents who caucus with them hold 47. Democrats need a net gain of four seats to reach a majority of 51. The vice-president can break a 50-50 tie, making the precise arithmetic dependent on the chambers composition and control of the vice-presidency.According to Reuters October 12 assessment, key contests include Georgia, Michigan, New Hampshire, Maine, North Carolina, Ohio, Alaska, Iowa, Texas and Kansas.In Alaska, Republican Senator Dan Sullivan faces former Democratic Representative Mary Peltola. Trump won the state by 13 percentage points in 2024, while its ranked-choice voting system adds uncertainty to the contest.Also read | US judge denies federal request to block 20,000 voters, says it would 'wreak havoc' on US midterm electionsIowa has an open seat following Republican Senator Joni Ernsts decision not to seek re-election. Republican Ashley Hinson and Democrat Josh Turek are competing for it, with economic concerns and the Iran war featuring in the debate.Kansas is another race attracting attention. Republican Senator Roger Marshall faces Democrat Adam Hamilton, while immigration enforcement has become a point of disagreement within the Republican camp. The contest illustrates how national policy debates can complicate elections even in states that strongly backed Trump.Control of the Senate has implications beyond legislation. The chamber confirms federal judges, Supreme Court nominees and senior executive appointments. A Republican majority would preserve the presidents ability to advance nominees with support from his party, subject to Senate rules and individual senators votes. Democratic control would give the opposition greater leverage over appointments and the legislative agenda, although it would not automatically enable the party to reverse every presidential policy.Governor and state legislature electionsVoters will also elect governors in 36 states. The current national tally stands at 26 Republican governors and 24 Democratic governors. Of the governorships being contested, 18 are held by Republicans and 18 by Democrats.Republicans are defending governorships in New Hampshire and Vermont, both states won by Kamala Harris in 2024. Democrats, meanwhile, are defending governorships in Arizona, Kansas, Michigan, Pennsylvania and Wisconsin, all won by Trump in 2024.Governors influence state budgets, healthcare, education, public safety, energy development and the implementation of federal policies. They also play important roles in emergency management and the administration of elections under state law.Several contests have particular national significance. In Georgia, Democrat Keisha Lance Bottoms faces Republican Rick Jackson in a race with implications for healthcare and data-centre regulation. The state remains politically important following disputes over the 2020 election.In Ohio, Democrat Amy Acton and Republican Vivek Ramaswamy are competing for the governorship, which carries influence over state policy and election administration. Wisconsins contest between Democrat David Crowley and Republican Tom Tiffany is significant in a state that has repeatedly been closely divided in presidential elections. Nevada is also drawing national attention, with economic pressures and the cost of living central to its political debate.These contests will reflect local candidates records and policy priorities as well as national political sentiment. State legislative elections are equally consequential because lawmakers determine whether governors proposals become law, shape abortion policy and establish election rules. Depending on state laws and the timing of redistricting, legislatures may also influence future congressional boundaries.Which issues will determine the outcome?The economy is the leading concern among voters, according to a Pew Research Center survey of registered voters conducted between September 28 and October 4. Some 84% rated it very important to their vote. The future of democracy, healthcare and education followed, while immigration and foreign policy also featured prominently.Economy and cost of livingInflation, housing, energy and everyday expenses are likely to influence how voters judge the party in power. Republicans will seek to persuade voters that the administrations policies are delivering results and that continued congressional control is necessary to sustain them. Democrats will look to economic dissatisfaction to challenge the administrations record on household finances.The Iran conflict adds another dimension, with fuel prices and the wars economic consequences becoming part of the political debate, including in traditionally Republican states. How voters connect these pressures with presidential policies could influence closely contested races.Immigration and border enforcementImmigration remains central to Trumps political agenda, particularly his efforts to expand deportations and intensify enforcement. Republicans argue that stronger enforcement is necessary to control illegal immigration and protect national security. Democrats have challenged aspects of the administrations approach, citing its effects on communities, workers and families.Pew found that 72% of voters supporting Republican congressional candidates considered immigration very important, compared with 53% of those backing Democratic candidates. However, enforcement has also produced disagreements within Republican ranks over the extent of the administrations actions.Healthcare, education and abortionHealthcare is a particularly important issue for Democratic voters. In the Pew survey, 82% of Democratic-candidate supporters rated it very important, against 53% of Republican-candidate supporters. The results could influence debates over healthcare funding, insurance coverage and federal policy.Education is important to both parties, although they differ over school governance, curriculum and the role of government. Abortion remains politically significant following the Supreme Courts 2022 decision overturning the constitutional protection previously recognised under Roe v. Wade. State governments now have greater authority over abortion policy, raising the stakes in gubernatorial and legislative contests.Democracy, investigations and foreign policyThe future of democracy was rated very important by 73% of registered voters in Pews survey. The issue covers election administration, political accountability and confidence in democratic institutions.Investigations into the Trump administration are another dividing line. Some 63% of Democratic-candidate supporters rated the issue very important, compared with 7% of Republican-candidate supporters.Foreign policy, including the Iran war, tariffs and Americas international role, could also influence assessments of presidential leadership, security and economic priorities. The election will not determine the course of a conflict directly, but congressional control could alter the political constraints under which the administration operates.How the midterms could shape 2028The results will influence both parties strategies for the next presidential election. Retaining control of Congress would allow Republicans to argue that Trump has maintained political support during his second term. Losing either chamber would prompt questions about the administrations economic record, political strategy and ability to mobilise voters beyond its core base.For Democrats, capturing the House or Senate would provide a platform to challenge the president and raise the national profiles of emerging leaders. It could also sharpen internal debates over the partys future direction and the balance between progressive candidates and more centrist figures.The immediate contest is about control of Congress and state governments. Its wider significance lies in determining how much political room Trump has to govern, how effectively Democrats can challenge him and the conditions under which both parties will prepare for 2028.

The Economic Times 29 Oct 2026 12:24 pm

Council polls: Nagpur seat no longer BJP stronghold, it's our bastion, says Congress winner Abhijeet Wanjari

Abhijeet Wanjari won the Nagpur Division Graduates' Constituency seat against Sudhakar Kohale from the BJP. The election results were declared after an extensive 40-hour vote-counting process. Wanjari secured 67,231 votes while Kohale received 63,960 votes in this close contest. This victory indicates a shift from the traditional BJP stronghold to a Congress bastion in this constituency. The outcome signifies a continued trend of Congress winning similar elections in the region.

The Economic Times 29 Oct 2026 12:01 pm

Karwa Chauth 2026 Moonrise Time Today: Check city-wise timings for Delhi, Noida, Gurugram, Jaipur, Mumbai, Bangalore and other cities

Karwa Chauth Moonrise Time: Celebrated by married women, Karwa Chauth involves a day-long fast until the moon appears. The rituals commence early with Sargi, a pre-fast meal. As evening falls, women engage in traditional prayers, culminating in breaking their fast upon sighting the moon. Since different cities in India experience varied moonrise timings, women must confirm their local schedules to participate meaningfully.

The Economic Times 29 Oct 2026 11:59 am

Cyclone Arnab: Home Minister Amit Shah speaks with CMs of affected states, assures all support

Union Home Minister Amit Shah spoke to the chief ministers of Andhra Pradesh, Puducherry, Odisha and Chhattisgarh following Cyclone Arnab, assuring them of the Centres assistance in relief and rescue efforts. He said NDRF and SDRF teams were working to mitigate the impact of the storm, while inter-ministerial central teams would soon assess the damage and determine the need for further assistance. The IMD had forecast that the cyclone would gradually weaken.

The Economic Times 29 Oct 2026 11:54 am

'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection point

Chief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mentioned the challenges posed by global shocks and supply-side disruptions in recent years. The reliance on imported crude oil adds to India's vulnerability to fluctuating international energy prices. Strengthening resilience to external disruptions is crucial for managing such risks effectively.

The Economic Times 29 Oct 2026 11:53 am

Trump and Obama trade barbs in closing week of US midterm election

US President Donald Trump and former President Barack Obama stepped up campaigning ahead of next Tuesday's congressional elections, which could shift control of Congress. Obama rallied support for Democrats in Georgia, criticising Trump's policies and leadership, while Trump campaigned for Republicans in Ohio amid protests and declining approval ratings.

The Economic Times 29 Oct 2026 9:36 am

Bloomberg, two trading firms agree to pay Truth Social for faster access to Trump's posts, sources say

The firms are Susquehanna International Group and Jump Trading, both high-frequency trading firms focused on algorithmic and automated strategies.

The Economic Times 29 Oct 2026 9:08 am

System failure, inexplicable decisions, 68 deaths: How Spains train collision unfolded

Spain is in three days of mourning following a train collision that resulted in 68 fatalities. The crash involved a state-operated train colliding with a stationary service run by a private operator. An automatic control system failure is believed to have led to the tragedy as traffic was resumed inexplicably. Emergency crews worked tirelessly to search the wreckage and assist injured passengers during chaotic scenes.

The Economic Times 29 Oct 2026 9:03 am

Karwa Chauth 2026 Puja time: Check bhadra kaal, puja vidhi, vrat katha, and samagri to keep in your puja thali

Karwa Chauth is being celebrated on October 29, 2026, with traditional fasting and worship rituals. Married women observe a day-long fast for the long life and good health of their husbands. The rituals include a pre-sunrise meal called Sargi and evening puja with offerings to deities. The Karwa Chauth vrat katha highlights the importance of devotion for married life.

The Economic Times 29 Oct 2026 8:56 am

Singapores billion-dollar advantage has a catch

The Economic Times 29 Oct 2026 8:41 am

Samsung logs $80.5b profit despite AI jitters

Seoul: Massive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investors questioned the resilience of the global tech boom.Samsung is the world's largest maker of memory chips -- components in short supply as advanced types are snapped up for use in data centres powering artificial intelligence.Also read: South Korea fines Google, Apple a combined $47.6 million over app store payment practicesThe company posted July-September operating profit at 107.4 trillion won ($80.5 billion) -- up more than 780 percent on-year.It marked the first time any technology company had reported quarterly operating profit over 100 trillion won, Samsung said.Net profit jumped more than 510 percent from last year to 75.1 trillion won, while sales reached 195.3 trillion won.The global race to build data centres to train and run chatbots, image generators and other AI tools has turbocharged the fortunes of Samsung and other chipmakers, despite concerns that the sector may be overvalued.Samsung shares fell more than five percent on Thursday morning.Investors were disappointed by a miss of market expectations for operating profit by the semiconductor division, according to Bloomberg News.The company's memory business achieved another record-breaking quarter by managing its product mix, with a focus on AI products, amid capacity constraints, Samsung said in a statement.Strong demand momentum for servers led to higher market prices across all applications.'Unprecedented growth'Demand-driven shortages of advanced memory chips known as HBM, used in AI systems alongside other data-crunching semiconductors, has caused their price to spike.Dilin Wu, research strategist at Pepperstone, said strong earnings from Samsung and South Korean industry rival SK hynix were a reminder that the AI memory boom is still very real, despite all the concerns we've seen around the broader AI trade.Chipmakers are benefiting directly from the AI investment boom, while the companies buying their chips are still trying to prove they can earn a decent return on all that spending, she told AFP earlier this week.With sky-high expectations for stellar results, record profits may not be enough to reassure market players.Ultimately, investors want to know whether there's still another leg to this memory upcycle, or whether we're getting close to peak earnings, Wu said.Samsung predicted Thursday that it would continue to feel the benefits of the AI boom.Chief financial officer Park Soon-cheol told an earnings call the company expects unprecedented growth in memory demand in 2027, driven by accelerating competition to build AI infrastructure and the expansion of personal AI agents.On the supply side, however, we expect difficulties in expanding... output in a short period of time through new capacity additions, he said.Chip companies focusing their efforts on profitable HBM has also fuelled shortages of the less glamorous computer memory components used in everyday consumer electronics -- driving up the price of smartphones and laptops.Shareholder returnsSamsung on Thursday detailed plans to return up to 110 trillion won to shareholders this year, including 30 trillion won in cash dividends, following an August announcement.Record profits driven by booming demand for AI memory chips have fuelled calls for greater shareholder returns, particularly after shares in tech giants such as Samsung tumbled from their June record highs amid concerns over US tech firms' AI spending.The announcement comes a day after SK hynix also announced plans to return 60 trillion won to shareholders, following the completion of a 40 trillion-won shareholder return programme.Such shareholder returns would allow the benefits of earnings growth to translate into greater shareholder returns, said Kim Dong-won, head of KB Securities' research center.With record profits and undervaluation coexisting, the largest-ever expansion of shareholder returns would be a decisive opportunity to address the company's undervaluation and serve as a key driver of a reassessment of its market value, said Kim.

The Economic Times 29 Oct 2026 8:36 am

US Iran war: Tehran says discussing plan with mediators to end war, reopen Strait of Hormuz

Iran's Foreign Minister Abbas Araghchi stated that Tehran is negotiating a seven-day plan for peace and stability. The plan aims to reopen the strategic Strait of Hormuz and involve crucial conditions like enforced ceasefire. Regional mediators, particularly Qatar, are facilitating communication to revitalize US-Iran discussions and prevent ongoing conflict. The proposal also includes demands for sanctions relief and asset unfreezing, which remain unresolved.

The Economic Times 29 Oct 2026 8:06 am

Spain trade union demands transport minister's resignation after train crash kills 68

Spain's trade union CSIF is urging the resignation of Transport Minister Oscar Puente after a tragic train collision. The accident, which occurred in Castilla-La Mancha, resulted in the death of 68 individuals and numerous injuries. Following the incident, the union has called for a thorough investigation into rail safety and infrastructure maintenance. Minister Puente mentioned a failure of an automatic control system as a contributing factor to the accident.

The Economic Times 29 Oct 2026 7:51 am

US warns allies to prepare for possible Iran strikes, retaliation after elections, sources say

US officials have alerted regional allies about potential military action against Iran following the upcoming elections. President Trump's administration is considering renewed strikes against Iran, emphasizing preparations for possible retaliatory actions. Iranian officials express a willingness to pursue diplomatic solutions despite the tensions. The conflict has intensified with Houthi rebels targeting Saudi infrastructure amid unrest. The situation remains fragile as both sides anticipate further developments in the region.

The Economic Times 29 Oct 2026 7:44 am

'They were treated very unfairly: Trump defends Flavio Bolsonaro after his family reaching in Miami

'They were treated very unfairly: Trump defends Flavio Bolsonaro after his family reaching in Miami

The Economic Times 29 Oct 2026 7:35 am

Gold dips on firmer dollar; US inflation data in focus

Gold prices experienced a decline as the dollar strengthened following the Federal Reserve's decision to hold interest rates steady. Market participants are now paying close attention to forthcoming inflation statistics, which could sway the Fed's future decisions. Spot gold dropped by 0.7%, while both silver and platinum recorded slight downturns. However, palladium saw a modest uptick due to ongoing market volatility.

The Economic Times 29 Oct 2026 7:35 am

US oil prices fall as investors gauge risks to Mideast supply

The price of US West Texas Intermediate crude dropped 0.9%, settling at $101.86 a barrel, showing sharp fluctuations after a previous days 3% climb. The situation worsened as Houthis targeted Aden airport and a key Saudi oil facility, which threatens energy security. In addition, Qatari mediators' draft for a deal with Iran was rejected by senior officials, amplifying the region's tension.

The Economic Times 29 Oct 2026 7:31 am

Hundreds protest in Israel's Tel Aviv, Jerusalem and Haifa calling for Jewish-Arab government

Around 300 people protested across major cities in Israel, calling for a Jewish-Arab government and inclusive governance. Demonstrators displayed placards with slogans advocating for freedom and cooperation between communities. As protests unfolded, initial election results indicated a tightly contested political landscape with significant implications. Key opposition leaders expressed intent to form a new government addressing pressing issues and restoring hope.

The Economic Times 29 Oct 2026 7:29 am

Israel's Arab parties set for kingmaker status, may hold key to Netanyahu's political future

Israel's Palestinian citizens are expected to secure a record number of seats in parliament after high voter turnout. Their participation was driven by concerns over Prime Minister Benjamin Netanyahu's government and its policies. The Arab parties may block an outright victory for Netanyahu's coalition, which is short of a majority. Gadi Eisenkot's bloc also seems likely to require Arab support to form a stable government.

The Economic Times 29 Oct 2026 7:08 am

US Fed Chairman Kevin Warsh just telegraphed more rate hikes without saying it

Warsh used his assessment of a strong economy and warnings over persistent inflation to signal the Feds job is not yet done. The message reinforced expectations that officials will raise borrowing costs in December after holding them steady Wednesday with the potential for another increase in early 2027.

The Economic Times 29 Oct 2026 7:06 am

US judge denies federal request to block 20,000 voters, says it would 'wreak havoc' on US midterm elections

A U.S. District Judge dismissed the Trump administration's bid to halt ballot processing in California. This decision followed claims that some voters might not be U.S. citizens. The ruling aims to prevent disenfranchisement and election uncertainty. More than 3.7 million Californians have already cast their votes ahead of Election Day. Similar actions have been attempted by the administration in Washington and Alaska over electoral processes.

The Economic Times 29 Oct 2026 6:41 am

Data of 1000+ US Homeland Security workers leaked

The Economic Times 29 Oct 2026 6:29 am

Airline groups urge US CDC to reconsider Ebola declaration requirements

Major American and foreign airlines have urged the CDC to reconsider upcoming travel rules concerning Ebola. They argue that the requirement for attestations from travelers is unreasonable so soon. The new regulations will begin next week and aim to prevent potential exposure to the virus. Airlines express concerns regarding the logistics involved in implementing these requirements. This situation highlights the ongoing challenges associated with managing public health threats during travel.

The Economic Times 29 Oct 2026 6:22 am

US Iran war: Vance sends letter to Tehran hard-liner in bid to revive peace talks as Trump threatens strikes

US Vice President JD Vance has reached out to Mohsen Rezaei in hopes of opening negotiations with Iran. This initiative comes as President Trump considers military strikes after the upcoming midterm elections. While trying to facilitate dialogue, Vance navigates internal conflict regarding the ongoing war. Rezaei has stated that Iran will not negotiate until its core demands are met.

The Economic Times 29 Oct 2026 6:17 am

Defeated presidential candidate Flavio Bolsonaro and his family land in Miami after fleeing Brazil

Flavio Bolsonaro arrived in Miami alongside his family after fleeing Brazil following his election defeat. He traveled through Argentina and Ecuador before landing in Florida. Bolsonaro accused President Luiz Inacio Lula da Silva of electoral fraud and persecution in a statement on X. Brazil's Supreme Court has been investigating him for corruption and money laundering.

The Economic Times 29 Oct 2026 6:09 am

Heck of a family fight: Kevin Warsh signals dissent in FOMC committee as Fed holds rates steady

Heck of a family fight: Kevin Warsh signals dissent in FOMC committee as Fed holds rates steady

The Economic Times 29 Oct 2026 2:34 am

Union cabinet approves 3% DA hike for 11.6 million central employees and pensioners, effective July 1

On Wednesday, the Union cabinet approved a 3% increase in dearness allowance for employees and pensioners. This increase is expected to benefit over 11.6 million individuals ahead of the festive season. The change will take effect retrospectively from July 1, costing the exchequer 10,016 crore. Additionally, the government revised dearness allowance rates for employees under the Fifth and Sixth Pay Commissions.

The Economic Times 29 Oct 2026 2:03 am

Israel election produces no clear winner as Netanyahu falls short and Arab parties emerge as possible kingmakers

Israel's president expressed hope for avoiding another election following the recent vote with no decisive outcome. Prime Minister Benjamin Netanyahu's right-wing bloc remains ahead but lacks a majority. Meanwhile, former military chief Gadi Eisenkot leads a broad opposition bloc seeking coalition opportunities. Israeli Arab parties may play a crucial role in determining the next government. Both political factions are actively looking to form alliances in this uncertain political landscape.

The Economic Times 29 Oct 2026 1:02 am

US-friendly nations slash treasury purchases by 60%, led by Asia

In the first eight months of 2026, countries aligned with the US purchased a net total of $174.3 billion in Treasuries. This amount represents a significant decline, reflecting a drop of over 60% from the previous year. It marks the lowest investment level recorded for this period since 2021. The data highlights a shift in fiscal relationships between the US and its partners.

The Economic Times 29 Oct 2026 1:00 am

Prediction markets see heavy betting on Anthropic IPO as traders wager on valuation and listing venue

Prediction markets are actively trading Anthropic contracts following the company's IPO filing earlier this week. Traders are making binary bets on various elements of the IPO, such as its valuation and listing exchange. Anthropic's IPO could potentially value the company between $1.5 trillion and $2 trillion, offering a keen financial interest. Platforms like Polymarket and Kalshi are facilitating these bets and generating excitement among investors.

The Economic Times 29 Oct 2026 12:55 am

Adnoc tells clients new Hormuz bypass pipe to start early 2027

Abu Dhabi National Oil Co. has informed Asian refiners about future crude supply via a new pipeline. The pipeline aims to circumvent the strategic and vulnerable Strait of Hormuz, enhancing oil delivery security. Adnoc plans to initiate some supplies from Upper Zakum crude to customers at Fujairah terminal early next year. This move follows the UAE's decision to leave the Organization of Petroleum Exporting Countries, allowing for more production flexibility.

The Economic Times 29 Oct 2026 12:52 am

Qatar presents Iran with new draft deal to end war with US and Israel, Tehran to respond this week

Qatar and Pakistan are leading efforts to mediate a peace deal between Iran and the US. A new draft has been proposed, which addresses concerns of both Tehran and Washington. Iran is expected to respond to this draft by the end of the week. The deal proposes a seven-day timeline for confidence-building measures between the two nations.

The Economic Times 29 Oct 2026 12:48 am

Houthis strike Aden airport after evacuation warning, halting air traffic in southern Yemen

Yemen's Houthis launched an attack on the Aden airport after issuing evacuation warnings due to escalating violence. Residents reported hearing explosions near the facility, leading to a halt in air traffic operations. An aid source indicated that some UN staff had left just before the attack occurred. There were also reports of explosions heard in other parts of the city during the incident.

The Economic Times 29 Oct 2026 12:47 am

UAE, Canada space firms in alliance as nations seek Starlink alternatives

Terrestar Solutions Inc. has entered into a partnership with Space42 Plc and Viasat Inc. to enhance mobile satellite connectivity. This collaboration aims to create an open standard for sharing satellite infrastructure globally. The parties signed a memorandum of understanding in Ottawa during an important diplomatic visit. Terrestar plans to develop a low-Earth orbit satellite system to improve coverage in underserved areas.

The Economic Times 29 Oct 2026 12:44 am

Moon aligns with Mars: 3 zodiac signs could win Thursdays biggest battle without an argument

Moon is aligning with Mars on October 29 and its astrological interpreation means this is a time to have patience. You need to focus on difficult sitaution and resolve it without making a big deal out of it.

The Economic Times 29 Oct 2026 12:40 am

Shrinking season 4s two-year time jump could bring heartbreaking changes for Harrison Fords Paul as Parkinsons threatens his independence

Apple TV's Shrinking is set to return for a new season with significant changes in the storyline. The fourth season will feature a two-year time jump that influences key character Paul Rhoades. This shift presents new challenges related to his battle with Parkinson's disease. The show aims to delve deeper into the realities of living with a progressive neurological condition.

The Economic Times 29 Oct 2026 12:31 am

'We love Marco': Texas rally goes wild as Rubio speaks alongside President Trump in midterm campaign

'We love Marco': Texas rally goes wild as Rubio speaks alongside President Trump in midterm campaign

The Economic Times 29 Oct 2026 12:17 am

Kevin Warsh LIVE | Fed Chair speaks on interest rates amid midterm elections & rising fuel prices

Kevin Warsh LIVE | Fed Chair speaks on interest rates amid midterm elections & rising fuel prices

The Economic Times 29 Oct 2026 12:06 am

'Dropboxers, today will be your last day': Dropbox lays off 9% of global workforce; CTO Ali Dasdan to step down. Read what the company said in memo

Dropbox is set to cut approximately 200 jobs as part of its growth-oriented reorganization plan. The focus will be on restructuring teams in engineering, product, and administration, resulting in several employees leaving immediately. On November 18, Chief Technology Officer Ali Dasdan will also resign. Employees impacted by the layoffs will receive severance packages including financial support, while the company aims to enhance operations and customer service effectiveness.

The Economic Times 28 Oct 2026 11:46 pm

Apple Pro and Tell: How much will the first touchscreen MacBook Pro cost in the US, UK and Canada?

Apple Pro and Tell: Apple has launched its first touchscreen MacBook Pro at the Pro and Tell event, with US prices starting at $2,899. Apple has opened preorders for the new touchscreen MacBook Pro models, with availability scheduled to begin on November 6 Here's what buyers in the US, UK and Canada need to know about pricing, new features and availability.

The Economic Times 28 Oct 2026 11:33 pm

'Ive started to see you as a friend': Techie dies after allegedly changing medication dosage following ChatGPT advice

A tragic lawsuit has emerged following the death of Bowen Wan, a 31-year-old software engineer, due to complications from epilepsy. Her parents claim that misleading advice from OpenAI's ChatGPT contributed to her decision to lower her medication without medical guidance. Healthcare professionals stress the necessity of proper supervision when managing such serious conditions.

The Economic Times 28 Oct 2026 10:55 pm

Ramses II colossal statues discovery in Egypt: How a farmer growing cucumbers made an astonishing find and won a Mecca trip

The Ramses II colossal statues discovery in Egypt began when a farmer Khaled el-Shahat Khalil growing cucumbers unearthed ancient statue remains on his land. The discovery earned him and his wife a trip to Mecca to perform Umrah. The discovery occurred while Khalil was growing cucumbers in a greenhouse on his land

The Economic Times 28 Oct 2026 10:46 pm

'Theyd be leading riots in NYC or Detroit!': Vances explosive hypothetical targets Piker, El-Sayed

'Theyd be leading riots in NYC or Detroit!': Vances explosive hypothetical targets Piker, El-Sayed

The Economic Times 28 Oct 2026 10:33 pm

'Future of Republican Party': Trump hails Gill's Texas speech; predicts him next big thing for GOP

'Future of Republican Party': Trump hails Gill's Texas speech; predicts him next big thing for GOP

The Economic Times 28 Oct 2026 10:33 pm

'I made the mistake of': Trump cant stop talking about GOP mens physiques; Now reveals why

'I made the mistake of': Trump cant stop talking about GOP mens physiques; Now reveals why

The Economic Times 28 Oct 2026 10:32 pm

UAE honours Flydubai pilot Smit Machchhar, Order of Zayed II for bravery during mid-air attack

UAE honours Flydubai pilot Smit Machchhar, Order of Zayed II for bravery during mid-air attack

The Economic Times 28 Oct 2026 10:29 pm

Centre releases Rs 78 crore for senior citizens' welfare scheme

The ministry said it has released funds under the Integrated Programme for Senior Citizens (IPSrC), a component of the Atal Vayo Abhyuday Yojana (AVYAY), for the financial year 2026-27.

The Economic Times 28 Oct 2026 10:03 pm

Karnataka, DGFT to host state-level workshop to help exporters leverage FTAs

On October 30, a workshop will be organized by the DGFT, Karnataka government, and FIEO in Bengaluru. The event aims to enhance Karnataka's export competitiveness and awareness of Free Trade Agreements. Nearly 200 participants, including exporters and industry officials, are expected to attend. Technical sessions will cover opportunities in various sectors and policy interventions under new FTAs. Senior officials and the state minister will address attendees at this important event.

The Economic Times 28 Oct 2026 9:58 pm

PM Modi to release Rs 18,680 crore under PM-Kisan scheme on October 30

On October 30, Prime Minister Narendra Modi is set to launch the 24th installment of the PM-Kisan scheme in Gujarat, aiming to support over 9.34 crore farmer families across the country with more than Rs 18,680 crore. In Gujarat alone, financial assistance surpassing Rs 1,051 crore will be granted to over 52.33 lakh farmer families.

The Economic Times 28 Oct 2026 9:55 pm

From being bedridden for months to an over 90,000 kilometres journey across Amazon to Antarctica, one man is rewriting what travel could look like

David Bossek is undertaking a global expedition to explore responsible travel and environmental awareness. He began his journey from Germany in 2024 after recovering from a cycling accident. Following a primarily overland route, he has already traveled through diverse landscapes and cultures. His experiences challenge conventional travel methods while contributing positively to local communities. Bossek plans to return to Germany in 2028, embracing unexpected opportunities along the way.

The Economic Times 28 Oct 2026 9:39 pm

British PM Burnham commits to 'strongest possible' links with India in Diwali address

During his first Diwali as Prime Minister, Andy Burnham expressed his commitment to strengthen UK-India relations. The celebration at 10 Downing Street included lighting lamps and cultural performances. Burnham emphasized the importance of harmony among various communities in the UK. Key speakers highlighted the ongoing free trade agreement between the two countries and its benefits. The festive events reflect the growing partnership between the UK and India.

The Economic Times 28 Oct 2026 9:19 pm

YouTube Outage: Thousands of users reportedly facing problems, reports claim issues with Google Search and Gmail too

Google services, including YouTube and YouTube Music, have reported significant issues on October 28, 2026. Thousands of users faced problems accessing these platforms, with complaints rising sharply throughout the day. Users encountered issues streaming videos and loading content, prompting discussion on social media. Despite reports of widespread problems, Google's official status dashboard shows services operational. The cause of these issues remains unclear and has not been confirmed by Google.

The Economic Times 28 Oct 2026 9:14 pm

Council Tax Bands explained: How to check your band, current rates and can you pay less?

UK Chancellor John Healey has announced an innovative cost-of-energy payment aimed at aiding households in council tax bands A to D in England. Scheduled for January 2027, this initiative is expected to support roughly 20 million homes, funded by elevated taxes imposed on banks. The announcement details the council tax bands in England, encouraging residents to assess their eligibility for reductions or discounts on their council tax.

The Economic Times 28 Oct 2026 8:53 pm

UK Budget: What is the Your First Home scheme announced by Chancellor John Healey? Check eligibility, property price limits, and other details

UK Chancellor John Healey announced a new scheme named Your First Home to support first-time homebuyers. This initiative allows eligible buyers to purchase homes with a minimum deposit of 2.5% and provides a 20% government-backed equity loan. Income limits apply, with caps based on local property prices to ensure assistance reaches those in need. Developers will contribute towards the scheme, which will have a capped annual funding.

The Economic Times 28 Oct 2026 8:10 pm

Arbys brings back Deep Fried Turkey Gobbler: Whats inside its Thanksgiving sandwich, price and when can you get it?

Fast-food chain Arby's has reintroduced its Deep Fried Turkey sandwich lineup for the holiday season. The two offerings include the Deep Fried Turkey Gobbler and the Deep Fried Turkey Club. These sandwiches feature traditional Thanksgiving flavors, providing customers with festive options without the hassle of preparation. The sandwiches will be available for a limited time at participating locations across the country.

The Economic Times 28 Oct 2026 8:06 pm

World Bank sounds alarm on food crisis as energy shock and El Nino push commodity prices up 23%

Global commodity prices are projected to rise significantly in 2026, driven by conflict in the Middle East and supply disruptions. Energy prices are likely to escalate by 32% due to decreased oil supply and increased consumption. Food prices are expected to increase about 10% in 2026 due to rising farm costs and disrupted grain shipments. The World Bank emphasizes the urgency of supporting vulnerable countries facing economic hardships.

The Economic Times 28 Oct 2026 7:53 pm

In 1992, Louisiana had as few as 150 black bears left; 30 years later, habitat restoration and relocations helped rebuild the population to about 750 bears

In the early 1990s, Louisiana black bears were on the brink of extinction due to habitat loss caused by human development. Thanks to dedicated conservation efforts, their numbers have rebounded from a mere 150 to approximately 750. Strategies like establishing interconnected forests and relocating bears have been vital to enhancing genetic diversity.

The Economic Times 28 Oct 2026 7:30 pm

Smuggled guns, a deadly prison shootout and 10 deaths: The unanswered questions surrounding a riot in one of Mexicos most violent states plagued with cartel rivalries and prison security failures

A violent incident occurred at El Castillo Penitentiary Centre in Mazatln, resulting in multiple deaths and injuries. The conflict led to the deaths of nine prisoners and one visitor during a shootout. Following the incident, military and law enforcement were deployed to maintain order and conduct an investigation. Authorities found only two pistols despite confirming the use of firearms during the altercation.

The Economic Times 28 Oct 2026 7:22 pm

US goods trade deficit unexpectedly widens in September

The goods trade shortfall increased 2.1%, or $2.8 billion to $134.9 billion last month, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast the goods deficit at $130.2 billion.

The Economic Times 28 Oct 2026 7:08 pm

Pentagon doomsday plan amid World War III fears: How US bases are planning to survive for 90 days as UK urges people to 'Be Ready' for crisis

Amid fears of a potential World War III, the Pentagon' Doomsday plan is to keep major US military bases operational for 90 days without outside support under its FORTRESS initiative. The plan includes independent power supplies, strategic reserves of essential materials and preparations for wartime factory production. Meanwhile, the UK government has launched its 'Be Ready' campaign, urging households to stockpile food, water, cash and emergency supplies in preparation for a national crisis.

The Economic Times 28 Oct 2026 7:02 pm

'Ebola is like Covid pandemic': African CDC chief says no country in the world is safe now

In light of the ongoing Ebola outbreak, Dr. Jean Kaseya from the Africa CDC underscores the urgent need for global readiness. With over 10,000 confirmed cases and nearly 5,000 fatalities reported in the Democratic Republic of Congo, the situation is grave. Neighboring nations such as Uganda and Kenya are also facing linked cases, and the absence of effective vaccines for the Bundibugyo virus presents significant challenges for containment.

The Economic Times 28 Oct 2026 7:01 pm

In 2005, Florida sank about 500 tons of concrete railroad ties off St. Lucie County; a year later, divers recorded 17 fish species and heavy marine growth

Florida's groundbreaking initiative saw 500 tons of discarded railroad ties submerged offshore, creating a new artificial reef aimed at fostering marine life. Designed to enhance ecosystems along the coast, the project has revealed significant marine activity just one year post-implementation. Researchers are excited about the thriving biological community developing around these structures, illustrating the potential of repurposing human waste for ecological enhancement.

The Economic Times 28 Oct 2026 7:00 pm

Woman tries to pet a great white shark on Georgia fishing trip, but its sudden thrashing and lunge reveal the powerful survival instincts of an apex predator

A woman named Jen attempted to touch a great white shark during a tagging expedition. The shark reacted unexpectedly by thrashing and lunging towards her, caught on video. Although the crew maintained control and Jen was not in immediate danger, they decided not to proceed with tagging. This incident highlights the risks of close human interaction with wild predators.

The Economic Times 28 Oct 2026 6:59 pm

400,000 heat deaths vs an Arctic freeze: Something bizarre is happening with London's winter weather this year

A powerful El Nio is projected to increase extreme heat globally, potentially causing over 400,000 excess heat-related deaths. While regions may face differing weather patterns, London could experience prolonged cold spells if the polar vortex is disrupted. The polar vortex influences atmospheric circulation and may affect winter conditions across Europe. However, predictions regarding London's winter are uncertain and depend on several atmospheric factors.

The Economic Times 28 Oct 2026 6:43 pm

'Hard to say': Thune casts doubt on Trumps support as Republican Senate majority faces midterm test

'Hard to say': Thune casts doubt on Trumps support as Republican Senate majority faces midterm test

The Economic Times 28 Oct 2026 6:24 pm

UK Budget Live: Treasury chief John Healey to present first budget today; key announcements to watch

Chancellor John Healey will present his first Budget focused on the rising cost-of-living crisis and energy prices. There are expectations for measures that provide temporary assistance to struggling households and businesses. Potential initiatives may include increased tax compliance for online marketplaces and support for first-time homebuyers. The government faces challenges in financing public services while managing public debt and inflationary pressures.

The Economic Times 28 Oct 2026 6:23 pm

In 2019, Cornell began testing sheep grazing beneath New York solar panels; the project examined vegetation control, shade, and forage for the animals

Cornell University researchers have launched an innovative solar grazing initiative aimed at optimizing vegetation management in solar farms. Their experiment evaluates the potential of using sheep to graze beneath solar panels, fostering a dual benefit for energy production and farming. This sustainable method enhances biodiversity and diminishes reliance on traditional vegetation management practices, presenting a promising opportunity for harmonizing agriculture with renewable energy advancements.

The Economic Times 28 Oct 2026 6:15 pm

US midterm elections 2026: Iowas 3rd District tests whether Democrats can win back Trump voters again

Iowa 3rd District election 2026: Iowas 3rd Congressional District has become a closely watched House race, with Republican Zach Nunn facing Democrat Sarah Trone Garriott in a seat Donald Trump carried narrowly in 2024. Healthcare, tariffs, taxes and Trumps tax-and-spending law are central to the contest, which could help determine control of the House.

The Economic Times 28 Oct 2026 6:13 pm

Karnataka CM orders transfer of 87 KAS officers to fix service delivery hours after MLC election results

Chief Minister DK Shivakumar has ordered the transfer of 87 Karnataka Administrative Service officers to improve public services. This decision was made after the ruling Congress experienced an electoral setback during the legislative council elections. Nine officers were appointed as Assistant Commissioners while four were designated as Additional Deputy Commissioners. The reshuffle aims to enhance urban and rural development and improve the implementation of government schemes.

The Economic Times 28 Oct 2026 6:03 pm