The Economic Times

PhysicsWallah, an Edtech company, achieved a considerable increase in net profit for the September quarter. The consolidated net profit rose to

Amid challenges in its cigarettes business, ITC is focusing on expanding its non-cigarette offerings. The FMCG segment has shown significant growth, leading to an improved product mix and margins. Digital-first brands such as Yoga Bar and Prasuma have also reported strong revenue increases. The paperboard and agri businesses are benefiting from rising demand and exports of value-added products.

After significant Republican losses in the midterm elections, President Donald Trump focused on luxury renovations. He spoke about the final beam installation for a new White House ballroom and its Corinthian pillars. Trump expressed excitement about the project's aesthetics and its importance to the country's glory. Meanwhile, concerns arose regarding the unpopularity of current US actions, prompting strategic discussions within the Republican Party.

A helicopter crashed into Biscayne Bay near Miami, leading to one man's death and two injuries. Emergency responders arrived quickly, with a Good Samaritan assisting one of the passengers before it was too late. The helicopter, identified as a Robinson R44 II, was involved in a filming trip when it went down. The condition of the two survivors remains critical but stable at a trauma center.

There are concerns within the Republican Party regarding the Iran war and Hegseth's leadership. He faces potential scrutiny and investigations from incoming Democratic lawmakers focused on his policies and decisions. Some Republicans have suggested Hegseth may not be the right fit moving forward.

RBI has created a technical consultative committee for financial markets to involve market participants in discussions. This committee will be chaired by the deputy governor responsible for financial markets regulation and will meet quarterly. It will focus on money, government securities, foreign exchange markets, and related derivatives. The terms of reference include market liquidity, trading systems, resilience, and emerging risks.

Benchmark indexes rose in Japan and Australia, pushing the MSCI Asia Pacific Index up by 0.3%. That was after the S&P 500 Index jumped 1.6%, its biggest gain in three months, and the tech-heavy Nasdaq 100 climbed 0.9%. South Korea was the outlier, with the Kospi Index dropping 2.7%, reflecting investor concerns over the future of data-center development and losses in US chip stocks.

India's 10-year government bond yield differential with the US has recently surpassed 240 basis points. Market analysts suggest that this yield gap should exceed 300 basis points for attracting significant foreign investments. October saw foreign investors sell bonds worth approximately 5,615 crore, a decrease from the previous month. The rupee's performance improved against the dollar, aiding in mitigating some pressures from portfolio outflows.

Persistent Systems has made waves in the financial market by securing 7,600 crore through non-convertible debentures aimed at funding its acquisition of Nagarro SE. This bold move saw bonds varying from two to three years issued, with demand soaring above 15,000 crore, attracting top investors. Additionally, the company successfully raised 600 crore with a one-year commercial paper at an impressive 8.75%.

Investors are entering the new Hindu calendar year with renewed optimism for Indian equities. Easing valuations, steady earnings growth, and improving foreign inflows are contributing to this positive outlook. The Nifty and Sensex have declined by about 8% in the previous year. Brokerages have compiled 15 stock ideas expected to outperform in the upcoming Samvat 2083. This presents potential opportunities for investors looking to regain momentum.

Following the US midterm elections, Indian investors are buoyed by hopes of decreased global trade tensions. The Sensex surged by 383.55 points, closing at 77,301.40, while the Nifty increased by 149.75 points to end at 23,960.60, highlighting a significant rebound for the indices. Analysts believe reduced geopolitical risks could enhance India's economic prospects, despite a mixed performance in Asian markets regarding US investments in AI.

Democrats have won control of both the US Senate and House of Representatives, making historic gains in Republican strongholds including Texas, Kansas and South Carolina. The results mark a major setback for Donald Trump, with voter discontent over the Iran war and cost of living contributing to Republican losses and reshaping the balance of power in Washington.

US Treasuries were down after Democrats gained control of both the Senate and House with the election results also raising the prospect of gridlock between the US Congress and Donald Trump's White House.

A promise made to his three-year-old son in 1978 led John Lavender II to buy a mountaintop in New York and spend decades building Highlands Castle. With help from family, friends and workers, he turned the property into a castle overlooking Lake George, which now welcomes guests.

AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and Nebius fell, alongside Nvidia and Marvell, as investors weighed concerns over rising power costs, job losses, political scrutiny and debt-funded AI spending.

Donald Trump Iran war: The US president has acknowledged that the Iran war and rising gasoline prices contributed to Republican losses in the US midterm elections. With Democrats taking control of both chambers of Congress, the president faces tougher political challenges, while Democratic leaders prepare to push healthcare priorities and increase scrutiny of his administration.

If I had to do it again, I will: Trump refuses to back down on Iran war after Vances claim

Oil prices are expected to stay elevated amid President Trump's weakened political position after the midterms. Uncertainties regarding the Iran conflict could impact military strategies, potentially leading to higher oil costs. A resolution that restores oil transport through the Strait of Hormuz is crucial for reducing oil prices. Trumps decisions may influence the ongoing military conflict or create a deal with Iran.

Crude oil prices declined sharply on Wednesday, with Brent prices falling below the $100 mark on hopes of a peace deal in the Iran war following the Democrats' victory in the US midterm elections.Brent crude prices were trading over 8% lower at $94.91 a barrel while WTI oil was at $88.42 a barrel.For live updates on US Markets, click hereDemocratic victories have prompted investors to reassess the US administration's approach to the Iran conflict. Markets are speculating that President Donald Tr

Five judges supported the association and two did not. The association had originally owned only the western half of the private road. The eastern half belonged to the Dix family and its predecessors. The court concluded that the association had established ownership through adverse possession because it had maintained and controlled the entire road for decades.

India's manufacturing sector is characterized by a significant concentration in large factories generating substantial output. Factories producing over 500 crore contribute to more than three-fifths of total value added. Smaller factories represent a large number but have minimal output and value contribution. The overall manufacturing corporate sector experienced a notable growth in gross value added year-on-year. However, per-worker value creation did not witness similar growth despite increas

India is observing the results of the recent US midterm elections with a sense of calmness and stability. The Democrat victory is seen as a move to limit the influence of the Trump administration. India has maintained strong relations with both parties in Congress since 2000 through various sectors. Challenges remain, particularly regarding human rights criticisms from Democrats and trade disputes with Republicans.

The Unusual Whales Subversive Democratic Trading ETF, named NANC, has shown remarkable performance, exceeding that of the S&P 500 since February 2023. This fund strategically utilizes the stock trades of Democratic lawmakers to shape its investment strategy. With significant holdings in leading technology firms, especially in AI innovations, its recent achievements can be attributed to a thriving AI market.

US Midterm election results 2026: Donald Trump's popularity has declined since he launched the war, which has disrupted oil shipments and pushed fuel prices near record highs, hitting U.S. household finances.

Lok Sabha Speaker Om Birla highlighted the necessity of discussions in democracy while addressing ongoing opposition protests against the Election Commission. The Speaker urged Parliament to engage in fruitful debates on various issues. He noted that the disqualification proceedings against 20 MPs aligned with the NDA are still under examination. Additionally, Birla is reviewing a notice about chief secretaries' absence from a hearing on scholarship irregularities.

The government has made significant changes to the Agnipath scheme that affects armed forces recruitment. This revised framework allows all Agniveers a chance to continue in service after their initial term. Agniveers will now have an option for an additional two-year engagement with enhanced benefits. The decision addresses concerns regarding the wastage of training resources if they were required to leave after four years.

Lamar Jackson is an American professional football quarterback who plays for Baltimore Ravens in the National Football League (NFL). He grew up in a family where his mother, Felicia Jones, played a big role. The Baltimore Ravens selected him with the 32nd overall pick in the first round of the 2018 NFL Draft. He then went on to become the NFL's biggest stars.

Growth in India's services sector increased to a four-month high in October due to strong domestic demand and business orders. The HSBC Services Business Activity Index rose to 55.8, reflecting improved business conditions. Conversely, manufacturing activity showed a slight decline, easing to a PMI of 54.7. While input prices continued to rise, the rate of increase was the slowest in over six years.

The Virgo Moon is asking you to look clearly. You need to consider the facts instead of being emotional. Be focused on what you reality got in reality instead of imagining it.

The Taurids meteor shower is anticipated to peak in November 2026. The Southern Taurids will peak overnight on November 45. Following this, the Northern Taurids are expected to peak on November 1112. Observers may witness bright fireballs that outshine Venus, making the experience memorable. Ideal viewing conditions will be enhanced by the low illumination from the Moon.

Democrats

Donald Trump recognized that the Iran war played a significant role in the Republican losses during the midterm elections. He stated that the decision to pursue the war was essential and justified, despite its consequences. Trump's remarks came a day after his party lost control of Congress, highlighting the political fallout of the conflict. He expressed a commitment to continuing the actions related to Iran.

Donald Trump expressed denial over the Republican losses in the recent elections while later showing willingness to work with Democrats. He blamed Republican candidates for their defeats and defended his own stance amidst criticism. Some conservatives publicly pointed fingers at Trump, claiming the results represented a total rejection of his leadership. Democrats, relieved by their successes, may find opportunities to collaborate with the President.

The recent US midterm elections saw the Democratic Party gain significant power in the Senate and House. This shift reflects widespread dissatisfaction with the current Republican leadership and its policies. President Trump's influence over the Republican Party may decline following this electoral outcome. Key policy decisions regarding foreign affairs, including relations with Iran, could be affected by these changes.

The sanctions are part of the Trump administration's Operation Economic Outcast, which aims to cut off Iran's ability to sell oil to fund the war with the United States.

Iran has announced the lifting of transit restrictions for vessels from India, China, Iraq, and Qatar. This decision aims to enhance regional cooperation and facilitate trade, particularly in medicines from India. Iranian officials have noted that American forces do not intercept these ships, showing Tehran's strategic interests. Previous negotiations between India and Iran focused on allowing energy supplies to pass freely.