The Economic Times

Maharashtra Navnirman Sena chief Raj Thackeray announced the cancellation of Dipotsav this year to address the severe drought. He urged the citizens to celebrate Diwali mindfully in light of the challenges faced by farmers. The state government declared 85 percent of Maharashtra drought-hit following inadequate rainfall. An interim aid of Rs 5,000 has been announced for affected farmers before the festival.

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Donald Trump recognized the influence of the Iran war on Republican performance in the recent midterm elections. He acknowledged that voters were likely concerned about rising gasoline prices due to the conflict with Iran. While open to working with Democrats on immigration, Trump expressed intentions to veto any proposals he found unacceptable. He stated he does not anticipate changes within his cabinet following the electoral results.

Vivek Ramaswamy defeat: Democrat Amy Acton beat Ramaswamy, whose campaign -- backed by Donald Trump and big funding --failed to connect with voters worried about living costs. A controversial advertisement -- which drew sharp criticism from across the political spectrum -- may have backfired too.

Bharat Electronics shares gained after Motilal Oswal raised its price target and Elara Capital upgraded its rating to Buy. Brokerages cited strong order visibility, healthy revenue growth and margin prospects, while delays in major defence orders remain a key risk.

Donald Trump announced his intention to become a political pundit to analyze the 2026 midterm elections. This decision follows significant gains made by Democrats, who regained control of the House of Representatives. The results represent a notable setback for Trump and the Republicans during the elections. Voter dissatisfaction over the economy and various issues contributed to these outcomes.

Virat Kohli celebrates his birthday on November 5th while competing in the ODI series against New Zealand. His stunning residence in Gurgaons DLF Phase 1 is valued at approximately 80 crores. Spanning over 10,000 square feet, this modern bungalow features luxurious interiors, a swimming pool, expansive glass windows, and beautifully landscaped outdoor areas, providing both comfort and privacy for the cricket star.

Awfis Space Solutions shares rallied after the company reported 94% year-on-year profit growth and a 20% rise in Q2 FY27 revenue. Strong seat sales, premium workspace expansion and enterprise demand supported its operational performance, even as FIIs and mutual funds trimmed stakes.

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Delhi Police has taken action against advocate Prashant Bhushan by filing an FIR for sharing a deceptive video purportedly from Sergey Lavrov, which harshly critiques India's oil imports from Russia. Confirmations from the Ministry of External Affairs and the Russian Embassy reveal the video is misleading. Concerns are rising that this could jeopardize India-Russia relations, with suggestions of involvement from Pakistani entities, as the SCO Civilisational Dialogue in Delhi approaches.

Bajaj Finserv shares had gained around 2% on Tuesday as well after the company announced the earnings, reporting a 17% YoY increase in revenue from operations to Rs 43,416 crore for the second quarter of the ongoing financial year 2027, from Rs 37,215 crore reported in the year-ago period. The shares of the company rose further to Rs 1,749 apiece on Wednesday morning.

Democrats' strong performance in the US midterm elections has triggered a wave of memes targeting Donald Trump. From jokes about America trying to deport Trump's majority to comparisons with Rahul Gandhi, social media users are turning the Republican setback into political humour.

India and Denmark are actively exploring various opportunities to strengthen their economic engagement and partnerships. The discussions between Piyush Goyal and Martin Lidegaard emphasized collaborative efforts in trade, investment, and industrial cooperation. Approximately 250 Danish companies operate in India, employing over 100,000 individuals while showing strong interest in further investments. Cooperation in renewable energy and wind energy technologies has been a core focus of their part

Voting in this year's midterm elections occurred against uncertainties about President Trump's attempts to influence election results. Many Americans had cast their ballots early, but some polling places faced challenges due to weather conditions and equipment malfunctions. Election officials noted few significant issues overall, although ballot counting was delayed in certain areas. Trump's administration had been involved in legal disputes regarding election integrity, although courts blocked

Democrats made significant gains in the 2026 US midterm elections, winning key races in Ohio, Texas, and South Carolina. Amy Acton defeated Vivek Ramaswamy in Ohio, while James Talarico secured the Senate seat in Texas. Annie Andrews' victory in South Carolina ended years of Republican dominance in the state. Additionally, Democrats flipped a Senate seat in North Carolina and held on in Georgia.

Emcure Pharma shares hit a 10% upper circuit after strong Q2 FY27 results prompted the company to raise its full-year growth guidance. Brokerages turned more positive, citing robust international business, improving domestic growth and a strong product pipeline.

Gina Hinojosa has been elected as Texas' first Democratic governor in over three decades. She won against incumbent Greg Abbott, marking a significant shift in Texas politics. Hinojosa emphasized populist issues and distanced herself from the progressive label during her campaign. Her victory signals potential changes in policy direction, with Democrats gaining a veto power. The outcome reflects broader trends impacting Republican strength in Texas.

Adam Hamilton achieved a historic victory in Kansas, becoming the first Democrat elected to the US Senate in 94 years. He defeated Trump-backed Republican Roger Marshall in a contest initially deemed safely Republican. Hamilton, who emphasizes affordability and bipartisanship, campaigned effectively amidst a changing political landscape. The race gained attention from notable figures, including Donald Trump and Vice President JD Vance.

The government is considering implementing a 2% transaction-based levy on aggregators to support social security for gig workers. This levy will fund benefits such as insurance, health, and maternity support for over 12 million workers. There is a consensus that this approach ensures fairness among different types of aggregators. The new scheme is expected to be launched in 2027, requiring gig workers to meet specific work criteria.

Janeese Lewis George won the recent mayoral election and will take office on January 2. She will face significant challenges, including local governance issues and financial difficulties. After a period of job losses, the city anticipates potential revenue drops, prompting tax consideration discussions. Lewis George emphasizes addressing the city's affordability crisis amid Trump's ongoing influence. She has a unique opportunity to reshape policies within the city's limited autonomy.

M.K. Sons Fine Jewels made its stock market debut at a 6% premium over its IPO price. The company raised Rs 275.40 crore through its initial public offering, which saw high investor interest. Shares opened at Rs 171 compared to the issue price of Rs 162, indicating strong demand. The company's financial performance showed significant growth, with income rising to Rs 539 crore in FY26.

Amid ongoing U.S.-Iran tensions, a fiery incident involving four oil tankers took place as they struck naval mines in the Strait of Hormuz, with claims from Iran's Islamic Revolutionary Guards Corps that two other vessels were disrupted. These events follow military strikes that have deepened the impasse, with Iran asserting its control of this crucial shipping route and readiness for conflict.

On November 4, 2026, Garena Free Fire MAX players in India will have the opportunity to claim redeem codes. These codes will unlock fantastic in-game rewards such as diamonds, exclusive outfits, and powerful weapons. To redeem, players should visit the official Garena Rewards Redemption website, ensuring accuracy while entering the codes to avoid mistakes that could hinder successful redemption.

MCX shares fell nearly 7% despite reporting 130% growth in second-quarter net profit and a 114% rise in revenue. Jefferies said EBITDA was largely in line with estimates, while higher technology costs and taxes affected the results.

Democrat James Talarico has defeated Republican Ken Paxton in the 2026 US midterm elections to win a Senate seat representing Texas. His victory marks a major political shift in a state long dominated by Republicans. It is also the first time since 1988 that Texas has elected a Democrat to the US Senate, boosting the party's efforts to regain control of the upper house of Congress.

Amul has increased the prices of ghee and butter ahead of Diwali, with a 1-kg ghee carton becoming costlier by Rs 50 and a 500-gm butter pack by Rs 15. The revision comes amid higher demand for branded ghee and reported supply shortages, particularly of cow ghee, across several markets.

State Bank of India has seen a remarkable 15% increase in profits year-on-year, totaling Rs 23,038 crore for the second quarter. With a loan book surpassing Rs 52 lakh crore and a 10% rise in interest income, brokerages have set optimistic Buy ratings on SBI shares, suggesting target prices between Rs 1,225 and Rs 1,350. Despite this positive outlook, management highlighted possible obstacles from macroeconomic shifts and potential treasury losses.

In October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, reflecting increased demand. The overall edible oil imports rose by 13%, reaching 1.74 million tons during the festive season. This demand is driven by concerns about limited domestic supplies and El Nino-related crop damage.

A massive fire broke out in a factory located in the Tronica City Industrial Area of Ghaziabad. Firefighters took nearly three and a half hours to control the blaze. The fire began on the first floor, which was used for packaging operations. Fortunately, there were no reported injuries or casualties during the incident. The cause of the fire remains under investigation as firefighters ensured the flames did not spread further.

Donald Trump has stated he would accept the results of the midterm elections and collaborate with Democrats. He believes the Republican party's difficulties arise from his not being on the ballot. Various media outlets indicate that Democrats are likely to gain control of the House of Representatives. In his social media post, Trump claimed Republicans would have won significantly had he run for office.

Annie Andrews won a significant election, marking the first time a Democrat secured a Senate seat in South Carolina since 1998. Her victory came after defeating interim Senator Darline Graham, who had limited political experience. Andrews successfully campaigned against a backdrop of national discontent towards the Republican Party and its leadership.

Donald Trump suggested that Republicans would have achieved a landslide victory in the midterm elections. He made this claim after the Democrats gained significant seats in Congress. Four Republican-held House seats flipped to Democratic control, aiding their efforts in the House. Election outcomes remained uncertain for the Senate, with key victories for Democrats in Georgia and North Carolina.

Fa'az is Pakistan's first locally developed air-to-air missile. It will improve the operational flexibility of its air force, the Pakistan Army said in a statement.

A judge has authorized the transport of thousands of paper ballots in Westchester County after technical failures occurred. The machines malfunctioned due to a programming glitch, delaying the counting of votes in a competitive congressional race. Voters were instructed to place completed ballots into secured bags for later processing. Both candidates have encouraged residents to vote, ensuring all votes will be counted.

US midterm election 2026 results: Brooks, president of a Pennsylvania firefighters union, defeated Mackenzie in Tuesday's midterm elections, according to US media reports.

Ekadashi date: Rama Ekadashi, observed during the Krishna Paksha of Kartika month, will occur on November 5, 2026. The fasting begins on November 4 and ends with Parana on November 6. Devotees will perform religious rituals, prayers, and seek blessings from Lord Vishnu. The festival is associated with the Rama Ekadashi Vrat Katha, emphasizing the significance of faith. Notably, the narrative involves King Muchukunda, his daughter Chandrabhaga, and her husband Shobhana.

Voting irregularities were reported across various locations during the midterm elections. In Westchester County, New York, a ballot-scanning malfunction led to false claims of cheating by Democrats. Additionally, some voters in Fulton County, Georgia, received misleading texts about polling changes. While rumors surfaced about an FBI raid uncovering fraudulent ballots, the FBI denied these claims as false.

Republican candidates faced challenges in the midterm elections, losing ground among young and Hispanic voters. Many young voters cast their ballots to express opposition to Trump, signaling a shift. Economic concerns and government corruption emerged as pivotal issues affecting voters' decisions. Voters expressed dissatisfaction with both Trump and Congress, emphasizing the need for checks and balances.

Kerala Home Minister Ramesh Chennithala has directed the VACB to investigate new bribery allegations against Gyanesh Kumar. The allegations involve a former contractor who claims Kumar demanded a bribe during a road construction project. This project was part of the Kerala State Transport Project conducted nearly two decades ago. A previous Vigilance inquiry was closed without establishing the claims made by the contractor.

Playstation Black Friday Sale 2026 India: Sony's PlayStation Black Friday Sale 2026 started on November 4, offering up to 75% off thousands of PS5, PS4 and PS VR2 games. Here's the list of confirmed game titles and what buyers can expect from PS5 console and accessory deals.

Democrats captured Georgia's governor's office for the first time since 1998 in the midterm elections. Keisha Lance Bottoms defeated Republican Rich Jackson, marking a historic win. Meanwhile, Republicans retained their hold in Florida as Byron Donalds won the gubernatorial race. Other closely watched contests were reported in Texas and Ohio, with vote counting still ongoing. The outcomes of these elections could significantly impact future political dynamics in the United States.

Delhi AQI: Among the worst-affected locations, Punjabi Bagh recorded an AQI of 452, followed by Dhaula Kuan at 417, ITO at 418, RK Puram at 423 and Ghazipur at 410. The air quality around India Gate stood at 414, with all these locations falling in the severe category.

Democrats are making waves in Texas with early leads in both the gubernatorial and Senate races. In the gubernatorial matchup, Gina Hinojosa has gained 57.2 percent of the votes against Greg Abbott, and Senate candidate James Talarico is ahead with 59.4 percent against Ken Paxton. These gains suggest a potential political shift in a state long-held by Republicans, paralleling trends seen in Kansas.

Democrats are projected to take over the US House of Representatives after the midterm elections. Republicans faced challenges due to President Trump's declining approval ratings and voter dissatisfaction. This shift in control will alter the balance of power in Washington significantly. While Republicans will retain the White House, legislative advancements by Democrats may be obstructed by Trump's vetoes.