The Economic Times
Elections 2026National / The Economic Times
The Delhi Directorate of Education has mandated that all schools offer hybrid classes for students up to class 5. This decision comes in response to the deteriorating air quality in the national capital. Classes will allow for both in-person and online attendance to accommodate students' needs. School heads must notify parents and guardians about these arrangements promptly. Education officials will visit schools to ensure the implementation of these new directives.
The US dollar index jumped significantly following the Labor Department's report indicating an increase of 165,000 jobs last month, which far exceeded economists' forecasts. As a result, the probability of a rate hike from the Federal Reserve climbed to nearly 80% for next month. Moreover, Federal Reserve officials voiced concerns about ongoing inflation, leading to declines for other currencies such as the euro and sterling against the dollar.
In light of stronger-than-anticipated US payroll figures, gold prices dipped significantly as the data suggested a robust labor market. This development heightened expectations for sustained high-interest rates from the Federal Reserve, bolstering the dollar's strength. Spot gold saw a decline of 0.3% to reach $4,074.36 per ounce, while US gold futures fell by 0.9%. However, Indian retail demand picked up ahead of Diwali festivities, taking advantage of the lower prices.
European markets saw a 1% dip as a wave of selloffs hit insurance stocks following a Democratic victory, raising concerns around the stability of AI investments. A significant downgrade of German reinsurers by JPMorgan added to the insurance sector's woes. Yet, clean energy stocks thrived, bolstered by renewed support for green initiatives.
Wall Street's trading session presented a mixed scenario as the S
A major fire incident occurred in Gazinagar, Jabalpur, in the late night hours, according to local officials. The police control room was inundated with calls at approximately 2 AM regarding the flames. Firefighter Om Prakash Ahirwar reported that emergency teams were quickly deployed, bringing in multiple fire tenders and water supplies to combat the fire. Authorities are yet to provide further insights about the incident.
Indian stocks witnessed impressive growth, with the Sensex and Nifty surging over 2%, defying declines in Asian markets. This robust rally is fueled by strong corporate earnings coupled with declining crude oil prices, boosting investor morale significantly. Over the recent weeks, foreign portfolio investors have surpassed net purchases of $4 billion, enhancing the positive outlook.
A fire erupted at a wholesale plastic shop in Bilimora, Gujarat, as containment efforts are underway. A sizeable crowd gathered nearby, but astonishingly, no injuries have been reported as of yet. In a related incident, a catastrophic fire at the Leamak Company plant has claimed one life. Firefighting teams arrived from neighboring areas and worked diligently for three hours to gain control of the ferocious flames.
Shami announced his retirement from Test cricket, bringing an end to a career that saw him become one of India's most dependable fast bowlers across conditions and on the biggest stages.
Yemen's Iran-backed Houthis have established a system for vessels to request safe passage through email. They declared a blockade against Saudi Arabia earlier this year and began targeting ships linked to certain countries. Some vessels are receiving timely responses within 24 hours regarding their safety requests. The Houthis have expanded their control over Yemen's Red Sea coast amid ongoing conflicts.
The Chinese businesswoman, with whom Nvidia's Chief Executive Officer (CEO) Jensen Huang had alleged ties, was recruited as a spy for Chinas Ministry of State Security, The New York Times reported, citing a memo circulated among policymakers in the Trump administration.
A significant fire occurred at the Leamak Company plant on Bavla-Ahmedabad Road, leading to one confirmed death. The fire reportedly started on the third floor where chocolate production takes place. Firefighters from Sanand, Bavla, and Ahmedabad responded promptly to douse the flames. After battling the blaze for nearly three hours, they managed to bring it under control.
French unions, student groups, and the Yellow Vests movement are preparing for protests in Paris on Saturday. The protests aim to address the increasing cost of living while demanding improvements in wages and living conditions. Authorities are set to deploy 70,000 police officers to manage the demonstrations, which follow recent unrest. The protests will also focus on issues impacting young people and pensioners across the nation.
Atlanta: Giant pandas Ping Ping and Fu Shuang delighted visitors to Zoo Atlanta during their public debut Friday, chewing bamboo and lounging in their new US habitat while on loan from China.A male named Ping Ping and female Fu Shuang arrived from Chengdu in September via a FedEx flight dubbed the Panda Express, and are to be hosted in the southern US facility for the next 10 years.Pandas are animals that have got a unique ability to inspire curiosity, instill passion, evoke joy, and unite peopl
Trump defends Stephen Miller pick; Ro Khanna calls it vengeance & retribution
Several senior officials from the US Justice Department have resigned following the recent midterm elections. Harmeet Dhillon, the Assistant Attorney General for Civil Rights, was involved in voter registration efforts. US Attorney General Todd Blanche has accepted resignations from Dhillon and others, including John Eisenberg and Jason Reding Quinones. Quinones oversaw investigations related to allegations against President Donald Trump.
Abhishek Banerjee reported an attack on his residence by alleged Bharatiya Janata Party operatives late at night. He expressed concerns about surveillance activities conducted by unidentified individuals claiming to be police. Banerjee criticized the Kolkata Police and higher judicial institutions for their inaction regarding this situation. He called for an immediate investigation into the surveillance and the motives behind it.
The 47th World Armwrestling and 28th World Para Armwrestling Championship concluded in New Delhi on November 6. India hosted the Championship for the first time, bringing together over 1,700 participants from more than 60 countries. Russia secured the overall championship title, with India finishing with a total of 59 medals. Various athletes from India excelled in different categories, showcasing their skills on home soil.
Iran has started to distribute iodine tablets to populations near its nuclear facilities amid escalating tensions. The decision comes as concerns grow over potential military action from the United States. Recent reports indicate that US officials are considering strikes on Iran's nuclear sites. This heightened alertness follows significant discussions within the US administration regarding military options. Iraqi Prime Minister Ali Faleh Al-Zaidi has also asserted Iraq's sovereignty during thes
Donald Harrison has resigned from SpaceX's board after more than ten years of service. He notified the company of his decision, which took effect immediately on November 4. Elon Musk commented that the resignation was due to conflicts of interest related to Alphabet, Google's parent company. Google remains a major institutional holder of SpaceX shares after slightly increasing its position this week.
During the Diwali celebration at the Oval Office, President Trump lit a diya in the presence of Indian-American guests. Notable attendees included entrepreneurs, CEOs, and India's Ambassador to the US. Celebrants shared their hopes for strengthening the friendship between India and the US. Founded by President George W Bush, the White House's Diwali celebrations have evolved over the years.
Saryu aarti rehearsals in full swing ahead of CP Radhakrishnan, CM Yogi's visit
US Secretary of State Marco Rubio will attend the G7 foreign ministers meeting in France this weekend. This trip follows significant Republican losses in the midterm elections, raising questions about Trump's international policies. Rubio is expected to address various global issues, including the Iran and Russia-Ukraine conflicts. The meeting aims to cover topics like energy security and support for Ukraine amidst ongoing challenges.
Ronny Yordrix Guanipa Chrinos was arrested near the White House after acting suspiciously in a vehicle. Secret Service officers found multiple firearms and discovered that the vehicle was reported stolen. The suspect, from Venezuela, claimed that voices in his head prompted him to kill US President Trump. He is currently in custody of the US Marshals Service facing legal charges.
The U.S. military carried out limited strikes on Iran, targeting its air defense systems in response to ongoing tensions. US President Trump stated the military action was minor and efficient, completed in minutes. Concurrently, Iran is reviewing proposals from Qatar aimed at addressing differences related to its nuclear program. Defensive military actions followed the recent midterm elections, affecting Trump's position on conflict resolution.
Stephen Miller has been appointed as White House chief of staff following Susie Wiles' resignation after the midterm elections. Wiles served admirably and will remain involved with Trump's political organization despite her departure. Miller, a key figure behind Trump's strict immigration policies, now faces increased scrutiny from a Democratic Congress. Wiles had a notable tenure, characterized by disciplined campaign leadership despite personal health challenges.
CapeWeek is set to take place at Kennedy Space Center in Florida and is designed to promote American aerospace leadership. The event aims to surpass major air shows hosted internationally while attracting business from around the world. Trump emphasized this initiative after encouraging space companies to forgo an upcoming summit in Paris. This new conference will add to an existing array of global aviation events.
The U.S. Department of Justice has requested to dismiss its lawsuit against California regarding alleged noncitizen ballots. This decision followed significant Republican losses in the midterm elections and recent court remarks. California officials claimed that the list of suspected noncitizens is outdated and includes legitimate voters. U.S. District Judge David O. Carter warned against separating ballots, which could disrupt the election process.
Thomas Markle Sr. was arrested in Florida on charges related to child sexual abuse material found in California. Authorities reported that around 78 items containing suspected abuse images were discovered. His son, Thomas Markle Jr., alerted police after discovering such images at their father's home in the Philippines. Meghan, Duchess of Sussex, expressed distress over the allegations and has distanced herself from her father.
The United States has announced a reward of up to $20 million for information regarding Iran's nuclear program. This initiative is part of the State Department's Rewards for Justice program. The military emphasizes the need for information about Iran's nuclear facilities and related personnel. This offer comes despite claims that Iran's nuclear capabilities have been destroyed. The military is also considering the possibility of relocating informants who provide valuable information.
Two missiles hit Qeshm Island in southern Iran, with local witnesses confirming the incidents. The Iranian news agency Tasnim reported on the event after aircraft sounds were heard. Qatar's International Media Office denied claims about unsuccessful US-Iran negotiations, stating that these reports were false and misleading. Efforts for mediating peace continue between the two nations, coordinated by Qatar.
US Treasury imposed financial sanctions on eight Canadian money services firms involved with sanctioned Iranian entities. The sanctions block access to dollar-based financial systems and prohibit transactions with US persons. Secretary of the Treasury Scott Bessent stated that Canada cannot provide safe havens for illicit financial facilitators. Additionally, MEXC Global, a virtual currency exchanger, was cut off from the US financial system.
When US bond prices fall, yields rise. Despite Friday's jump, yields have steadily moved lower in recent weeks. For the week, the 10-year yield posted its fifth straight decline
US Stock Market today: Nvidia rose 2.8 per cent, AMD stock price jumped 11 per cent, Tesla rose 4.2 per cent and SpaceX jumped 8.6 per cent.
Stepehen Miller is one of Trumps closest and longest-serving advisers, joining his long-shot 2016 presidential campaign as a speechwriter. Susie Wiles is the longest-serving White House chief of staff for Trump, who cycled through four of them during his first four-year term.
Bitcoin price prediction: BTC USD is struggling to recover after briefly falling below $75,000, with analysts warning that another decline could come before a sustained rebound. While some see potential downside towards $73,400, a more bearish forecast points to $68,000. Spot Bitcoin ETF outflows have added to market pressure.
Elon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control of Congress in 2027. Their scrutiny could focus on ties to Donald Trump, political influence, AI development, data center expansion and the industry's impact on American jobs and communities.
Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 from $184,500, meaning another $7,800 of wages will be taxed. Workers earning above the new limit could pay up to $483.60 more next year. The increase comes as retirees are set to receive a 3.6% benefit boost.
Actor Johnny Depp has owned several expensive properties across the world, and his real estate investments have often drawn attention from people interested in his life. Over the years, the superstar has bought homes in different locations globally. The list includes luxury homes in Hollywood, estates in Europe and a private island in the Caribbean.
Nicki Minaj narrowly avoided a forced sale of her $20 million Hidden Hills mansion after paying a $503,318 court judgment on January 22, 2026. The payment came just before a judge was expected to decide whether the California property could be auctioned to recover the money owed to a former security guard.

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