The Economic Times

Heavy rainfall resulted in significant flooding across the Southwest, impacting residents and prompting numerous evacuations. Emergency services carried out swift-water rescues due to rising rivers and dangerous conditions. Flooding forced residents to leave their homes in areas like Durango and Pagosa Springs, affecting voting plans. Many regions reported record rainfall and ongoing access issues for disaster relief.

North Korea has rejected the claims of its involvement in the recent Binance cryptocurrency theft exceeding USD 6 billion. The FBI had accused North Korean hackers of orchestrating the heist, linking it to previous cyber incidents. Kim Yo Jong noted that the US has a history of making such accusations against North Korea.

Democrats are concentrating on economic issues while dealing with conflicts in Michigan before the midterm elections. US President Donald Trump aims to showcase construction projects and shifts focus from voter concerns. In Michigan, Senate candidate Abdul El-Sayed seeks to maintain voter support despite an endorsement for his rival. Trump acknowledges challenges ahead for his party in the elections, reflecting concern over possible losses.

US Midterms latest: Many voters turned out for the midterm elections, driven by a heightened awareness of political issues. Individuals from various backgrounds shared their concerns regarding the direction of the country. While some were motivated to support Democrats, others maintained loyalty to Republicans. This election illustrates the stark divisions among voters, many of whom were voting for the first time. The outcome could shape the political landscape significantly in the coming years.

Nirmala Sitharaman: High-level panel to assess what India's banks need for Viksit Bharat

The United States carried out a military strike on Irans Qeshm Island amid ongoing tensions. Although President Donald Trump hinted at possible diplomatic negotiations, limited strikes have been conducted secretly. US officials stated that these operations are defensive and aimed at protecting commercial vessels. Iran's Foreign Ministry asserted that the next move depends on Washington's actions. The Trump administration is considering further measures, including airstrikes and sanctions.

The MSCI Asia Pacific gauge dropped 0.4% with South Korea

A fire occurred at Hindustan Petroleum Corporation Limited's refinery in Malkapuram on November 2. This incident involved a sulfur product and prompted a rapid response from the refinery's Fire and Safety Team. Local authorities confirmed that there were no reported injuries or casualties during the event. An inquiry into industrial safety practices at the facility will be initiated following the incident.

The US Supreme Court rejected an emergency request by the Trump administration regarding mail-in ballots in California. This request aimed to challenge over 20,000 ballots on the assumption that voters might be non-citizens. Lower courts previously dismissed similar allegations, arguing they indicated election interference. The administration had also faced challenges regarding other states' elections, including Alaska. Voter fraud cases are consistently found to be rare and not affecting electi

Severe Cyclonic Storm Murasu is currently making landfall between Nellore and Narsapur, affecting south Andhra Pradesh. Gale winds of 100-110 kmph and heavy rainfall are expected in the region. Chief Minister N Chandrababu Naidu has urged officials to ensure public safety ahead of the storm. Authorities are monitoring conditions to minimize property damage and prevent loss of life. Residents are advised to stay indoors until the cyclone has passed.

Public-sector banks have recently increased one-year certificate of deposit rates beyond 8%, influenced by stricter liquidity and high treasury-bill yields. The reduction in banking liquidity has led to a noticeable rise in CD issuances lately. Observers predict further policy rate hikes to address inflation effectively, signaling that the current rates may not yet reflect their maximum potential amidst ongoing market fluctuations.

The 10-year bond yield experienced a notable decline to 7.31% following a decrease in oil prices. This decline represented the steepest drop observed since early April of this year. Oil prices fell nearly 5%, retreating from a six-month peak that occurred last week. Traders are currently holding back on taking fresh positions as they await the US midterm elections.

Morning Brief Podcast: The Cancer Drug Price Trap

The circumstances have changed and, therefore, the voices of concern are louder,'' she said at a media event, in reference to reports that her administration has received suggestions to review levies on long-term capital gains (LTCG) for overseas investors. I quite appreciate that. So, I'll consider all this... Our growth is very important, where people are putting their very best, we are able to see sustained 7(%)-plus growth.''

Reliance Industries has seen an impressive 11.6% surge in stock price, following quarterly earnings that exceeded expectations. This remarkable rise represents the company's most significant increase in over six years. Analysts are optimistic about future growth, crediting this success to strong performance in the O2C sector and increased institutional buying. Brokerage firms predict potential earnings upgrades will further boost stock valuation.

Foreign investors have significantly reduced their holdings in nearly 70% of India's leading companies in recent years. Major firms, including banks and IT sectors, are seeing foreign ownership decline to multi-decade lows. This decrease in foreign investments mirrors diminished expectations for growth in India relative to other global markets. Although some companies experience slight increases in foreign ownership, they still remain at historical lows.

The Indian rupee closed at 94.90, witnessing a range from 95.03 to 94.69. Market participants remained on edge with the US midterm elections looming, impacting overall sentiment. Despite falling oil prices and a weaker dollar, there was an uptick in dollar demand. Notably, Foreign Portfolio Investors turned net buyers, purchasing

During the first half of FY27, mid-cap funds received

Adam Robinson's old post on 'X' has gone viral after he along with his family was killed Learjet plane crash in Florida.

Gold price saw an uptick ahead of US midterm election day on November 3. Bullion investors are tracking several factors which may drive the gold rate.

Wall Street invetsors on Monday were driven by several factors including Tuesday's Election Day for US Midterm elections.

World of Warcraft: Forever will launch globally on November 4, 2026 at 3PM PST. It will be released globally at the same time. Depending on your region the release time will vary. World of Warcraft: Forever takes place after Warcraft III Reforged: Forsaken Kingdom but before Molten Core. World of Warcraft: Forever adds new zones, quests, a new race called Skyborne, and dungeons, raids and account-wide progression.

Social media companies face thousands of lawsuits in federal and state courts brought by individuals, school districts, municipalities and other government entities alleging the companies knowingly sought to addict children to their platforms.

Healthcare marketplace: Obamacare premiums are expected to rise in 2027 as enhanced federal subsidies expire and eligibility rules change. With benchmark silver plan premiums projected to increase by 13%, many Americans could face higher costs, switch to cheaper coverage or struggle to keep their health insurance.

'Most important midterm in our lifetime': Trumps fiery last-minute appeal to MAGA voters

Social Security payments begin November 3 for beneficiaries who started collecting before May 1997. Other recipients will receive benefits on November 10, 18 or 25, depending on their birthdays. Veterans Day shifts the first birthday-based payment forward by a day, while SSI recipients received November's payment early, on October 30, because November 1 falls on Sunday.

CBI has taken Sourabh Chandrakar into custody following his arrival from Oman, as he faces serious money laundering charges. The Enforcement Directorate has attached approximately 3,500 crore in assets associated with a betting scandal. Additionally, they're attempting to seize properties and alleged financial transfers related to former Chhattisgarh chief minister Bhupesh Baghel. Reports suggest that large sums were directed to officials for protection from exposure.

China's factory activity showed signs of slower growth for the first time since July. The RatingDog China manufacturing purchasing managers index dropped to 52, reflecting a slight decline from September. Even as output increased, new export orders experienced a decline to a three-month low. Business confidence also weakened, with average export charges falling for the first time in nearly a year.

Multiple people have been killed and several injured in a shooting in Moss Landing, California. Jetty Road and State Beach were closed after the shooting took place near Moss Landing State Beach in Monterey County. It has been confirmed by the Monterey County Sheriff's Office that there have been casualties. However, the authorities have not revealed the complete details of the incident.

Sudarshan Venu's trusts have secured 825 crore through share pledges to acquire an additional stake in TVS Holdings. The acquisition will raise Sudarshan's stake to 73.35%, enhancing family ownership. Funds from JM Financial Products and JM Financial Credit Solutions will finance this transaction. TVS Holdings reported a 39% increase in consolidated revenue, demonstrating strong business performance. This realignment of ownership reflects Sudarshan's growing role in the groups future direction.

Manufacturing activity in India experienced a slowdown in October, decreasing from the previous month's growth. Despite this, the sector remained above its long-run average due to stronger international demand. A survey indicated that nearly 18% of manufacturers anticipated increased output over the next year, supported by fresh client inquiries.

Learjet airplane crash: A Learjet 60 crashed in Floridas Palm Beach County on November 1, killing all nine people aboard. Before the crash, the crew reported icing, turbulence and precipitation at cruising altitude. Investigators are examining the jets sudden descent and whether severe weather played a role.

The Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input from respective line ministries and industry stakeholders regarding these exemptions. Goods under review include materials for power projects and certain medical devices. A focus is on correcting the inverted duty structure to support local manufacturing initiatives. The outcomes of this review will influence the upcoming budget for 2027-28.

The standard Medicare Part B premium may go up by $6.60 a month next year. That is far smaller than the jump in 2026. Still, for people living on Social Security, even a small rise matters, because the premium usually comes out of the monthly check.

The rules establish a multi-tier grievance redressal mechanism at the gram panchayat, block and district levels. Designated grievance redressal officers will be responsible for receiving, registering, inquiring into and disposing of complaints. Inquiries must be completed within seven working days.

According to the air quality forecast provided by IMD/IITM, Delhi's overall air quality is likely to stay in the 'Very Poor' category in the coming days, the CAQM said, urging government agencies as well as citizens to take appropriate measures to address the air pollution menace.

Independent MLCs Bansidhar Brijwasi and Rahul Raj have joined BJP, which raises concerns for JDU. JDU Bihar chief Umesh Kushwaha highlighted BJP's disciplinary issues in recent months. After election losses, JDU candidates alleged inadequate support from fellow NDA members, which has added to the tension. A joint press meet planned by Jha and Pushkar was canceled after discussions with JDU leaders.

Anthropic reported a 1,100% surge in third quarter revenue to $17 billion ahead of its planned IPO later this month. However, the AI company also disclosed a $23.3 billion net loss and nearly $895 billion in spending commitments, raising questions about AI infrastructure costs and investor appetite for its proposed listing.

The Centre is planning to restructure the minimum support price mechanism for minor forest produce. This change aims to provide periodic hikes to benefit tribal communities relying on forest produce. TERI has been tasked to study the current MSP framework and assess potential rationalization. Concerns regarding stagnant MSP rates sparking exploitation among forest-dependent communities have been raised in parliamentary discussions.

Kiren Rijiju expressed gratitude towards Bhutan after the King dedicated Stupa number 76 to PM Narendra Modi. He attended the ceremony for consecrating 108 Stupas in Gelephu Mindfulness City. Rijiju conveyed thanks on behalf of PM Modi for this significant gesture of friendship. The occasion marked Lhabab Duchen, reflecting the enduring bonds between India and Bhutan. This ceremony highlighted Bhutan's rich Buddhist heritage and cultural significance.

India plans to host foreign ministers from various Indian Ocean Region countries later this month. The meeting will occur amid ongoing energy supply challenges stemming from the conflict in West Asia. Key discussions will revolve around predictable supply chains and energy supply disruptions. This ministerial meeting is part of India's preparations for the upcoming IORA summit in 2027.

Mohammad Azam Khan has approached the Supreme Court to challenge his arrest by the Enforcement Directorate. He was detained by the ED shortly after his release from Rampur jail, where he had been imprisoned since November 2025. Khan's release came following an Allahabad High Court decision that granted him bail in a separate matter. The High Court suspended his sentence but did not stay his conviction.

The Supreme Court has authorized the use of certified green firecrackers in Delhi-NCR on specific dates. Firecrackers can only be burst within designated time limits on November 7 and 8. Certain areas, including hospitals and educational institutions, will be declared as 'No-Cracker Zones' to ensure safety. Manufacturers must comply with specific certifications to produce authorized firecrackers during this period. A complete ban on all firecrackers will resume after November 8.

Donald Trump's administration asked the US Supreme Court to temporarily block California from counting mail-in ballots from more than 20,000 registered voters who federal officials allege are likely non-US citizens.

Judges hearing appeals related to electoral rolls in West Bengal are expected to utilize digital signatures shortly. This change aims to resolve a prolonged standoff that prevented the processing of appeals. Retired Calcutta High Court judge Indrajit Chatterjee has resumed his work on appeals in Murshidabad. The Election Commission of India is considering relocating some tribunals closer to Kolkata.

Rahul Gandhi said he was ready for a debate on the issue. To Modi's accusation last Saturday that the Opposition had become an obstructionist force using social media as a weapon to spread rumours, Gandhi responded by alleging that foreign social media fully backs the prime minister.

Supreme Court Justice PS Narasimha recused himself from a case regarding the Memorandum of Procedure for judicial appointments. The plea, filed by NGO Lok Prahari, seeks to finalize the MoP as it has been pending since 2015. This procedure governs the appointment and transfer of judges to higher courts in India. The petition also calls for enhanced transparency in the selection process and access to Collegium meeting minutes.