The Economic Times
Elections 2026Top News / The Economic Times
Emerson Fittipaldi recently addressed the trend of younger drivers becoming world champions in motorsport. He praised Kimi Antonelli's remarkable victory from 19th at Monza and pointed out how contemporary racers begin their careers earlier than previous generations. Fittipaldi emphasized Antonelli's impressive maturity and talent, which played a crucial role in his current season's triumph. His own path to championship status starkly contrasts with the rapid rise of Antonelli.
Poland is mourning after a shooting incident in Krakow's Main Square left six dead and 15 wounded. The assailant, reportedly holding far-right views, has been critically injured in the confrontation with police. Authorities have opened an investigation into the act, classifying it as terrorism and involving numerous victims. Mourners have gathered in various locations, including St. Anne's Church, to remember those lost.
Paraguay's digital bank ueno bank has collapsed, leading to the freezing of nearly three million customer accounts. This event has resulted in an impeachment of President Santiago Pena, who is now facing serious charges. The central bank had previously put ueno into resolution after discovering breaches of solvency requirements. Public protests erupted, reflecting widespread anger over the government's handling of the crisis.
Babar Azam expresses confidence in the Pakistan cricket team's chances as they gear up for a Test series against Sri Lanka. After a less than stellar performance in England, the team has welcomed fresh talent while sidelining some seasoned players. Azam is determined to elevate his batting game, aiming for his first Test century in quite a while.
Anthropic PBC has recently agreed to pay $3.4 billion for gas-fired generators from OnePWR Solutions. This purchase secures 1.7 gigawatts of generator commitments intended for their data centers. Initially, Anthropic planned to procure power from OnePWR but later chose to take over Caterpillar Inc. generator orders. This deal highlights AI labs increasingly engaging directly with energy suppliers for necessary equipment.
Iran's Revolutionary Guard has opted to remove the 2,000-kilometer missile range restriction amid rising tensions. A US naval blockade is affecting global trade routes, while recent airstrikes close to Yemen have resulted in the deaths of over 27 people, underscoring the ongoing strife. In response, the US Central Command has established a task force aimed at crippling Iran's transportation networks, leading to heightened anxieties about potential confrontations.
Gadi Eisenkot received the mandate from President Isaac Herzog to form a new government in Israel. He aims to establish a coalition that can secure a parliamentary majority following the recent elections. Eisenkot's bloc holds 48 seats, while Netanyahu's coalition has 53 seats, complicating government formation. The situation is further complicated by the presence of Arab parties and ultra-Orthodox groups.
US President Donald Trump will meet Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani at the White House on Monday as efforts to end the Iran conflict face obstacles. Qatar has acted as an intermediary between Washington and Tehran. Secretary of State Marco Rubio said negotiations had made little progress.
US President Donald Trump has expressed support for Nvidia CEO Jensen Huang following reports of his alleged relationship with a Chinese businesswoman suspected of passing information to Beijing. Trump called Huang an honourable person and praised his contributions to the US, while saying he had not discussed the allegations with him.
US President Donald Trump has announced Task Force Iron Gate to restrict the movement of weapons, dual-use technologies and sanctioned materials into and out of Iran. The initiative will operate alongside a US naval blockade that CENTCOM says has prevented Iran from exporting more than $25 billion in crude oil.
US President Donald Trump has said renewed military action against Iran is highly unlikely if Tehran agrees to a strong nuclear deal and the reopening of the Strait of Hormuz. He also claimed Washington had identified 38 Iranian bridges for potential destruction, while Iranian officials rejected the prospect of changing Tehran's position.
Democratic lawmakers have vowed investigations into Elon Musk, White House chief of staff Stephen Miller and companies after taking control of Congress in January. House Democratic leader Hakeem Jeffries also backed impeaching Defence Secretary Pete Hegseth over his handling of the Iran war, setting up a confrontation with the Trump administration.
US Attorney General Todd Blanche has vowed to defend President Donald Trump and his administration officials if Democrats pursue investigations after taking control of Congress. His remarks followed Democratic Representative Robert Garcia's call for Trump allies to seek legal counsel. Garcia accused Blanche of prioritising the president over congressional oversight.
Nvidia has launched an independent probe into CEO Jensen Huang after reports that he had an affair with a Chinese executive suspected by US intelligence of working for Beijing. Huang admitted to being unfaithful and apologised. The investigation will examine potential national security risks and possible exposure of company secrets.
Nvidia CEO Jensen Huang affair news has evoked sharp reactions from the artificial intelligence or AI chip makers.
US Stock market investors will keep close eyes on Dow Jones as S&P 500, Nasdaq must continue the momentum.
Gold rate prediction: Geopolitical developments in the Middle East, US-Iran war are expected to remain a major driver of precious metal prices.
US lawmakers will need to ensure that Social Security benefits and the annual cost-of-living adjustment (CoLA) should not be curtailed.
Walmart Thanksgiving meal deal: Walmart is bringing back its $35 Holiday Meal Basket for 2026, with 26 items designed to serve 10 people. The selection includes a Butterball turkey, stuffing, holiday sides and pumpkin pie ingredients. Shoppers can order online or in stores, with free Express Delivery available through November 30 using a promotional code.
Jensen Huang leather jacket: Nvidia CEO Jensen Huang has revealed that his wife, Lori, and their daughter help choose his clothes, including his signature black leather jacket. From his 20-year association with the look to how he met Lori at Oregon State University, heres what Huang has shared about his wardrobe and family.
US Presidential Elections: There has been a sentiment rippling through the presidents Make America Great Again movement after the Republican Partys worst electoral defeat in decades that Americans were frustrated with the President.
Israeli President Isaac Herzog appointed Gadi Eisenkot to form the next government after elections on October 27. Eisenkot, Netanyahu's main rival, now begins complex negotiations with potential coalition partners. With six weeks to complete this task, the political landscape is uncertain. Notably, the Arab-led parties, who gained historically, may play a crucial role. Neither Netanyahu's bloc nor Eisenkot achieved a clear majority in parliament.
Two trains crashed near Cairo on Sunday, leading to four fatalities and approximately 88 injuries. The collision occurred in the al-Ayyat district of Giza province, causing one train to derail. The injured individuals were promptly taken to local hospitals for treatment after the incident. President Abdel-Fattah el-Sissi has ordered an investigation to identify the responsible parties. Emergency teams were dispatched to clear the wreckage and restore normal train services.
Key projects being unveiled include a major flyover on the busy Sarkhej-Gandhinagar (SG) Highway, the Jodhpur Knowledge Hub, and an Urban Health Centre in Gota, along with housing allotment initiatives for Economically Weaker Section (EWS) beneficiaries.
The ministry said in a post on X that as of Saturday evening one person had been found alive, and that teams had been mobilised to continue searching for any more possible survivors. It did not specify how many people were believed to have been on board.
Prime Minister Narendra Modi visited L K Advani to congratulate him on entering his 100th year of life. Advani, who was born on November 8, 1927, turned 99 on that same day. Modi expressed admiration for Advani's significant contributions to India's political landscape during his visit. The Prime Minister also wrote a newspaper article detailing Advani's impactful journey.
On Sunday, Diwali celebrations were held across India, with various leaders participating in customary rituals. Prime Minister Narendra Modi celebrated the festival with security personnel in Chhattisgarh, marking a new era free from Naxalism. In Delhi, strict measures were taken to ensure compliance with safety regulations regarding firecrackers during the festivities. Meanwhile, the air quality in Delhi worsened due to pollution from celebrations and stubble burning.
Sonia Gandhi prepares to unveil her memoir, positioning it as a personal narrative rather than a political one. Through candid reflections, she explores the love that guides her life and recounts the family tragedies that have shaped her. Her five-decade journey in Indian politics is depicted with sincerity, revealing the motivations and struggles of her family. The memoir is set for release on November 10 under HarperCollins India.
Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to run out of reserves. Thirty-five newly elected senators will have to confront the funding challenge, with proposals ranging from raising payroll tax limits on high earners to changing how retirement funds are invested.
Karnataka Chief Minister DK Shivakumar announced the state would advance with the Mekedatu balancing reservoir project. The Supreme Court has already confirmed Karnataka's right to develop the project while adhering to water-sharing agreements. Shivakumar invited Tamil Nadu Chief Minister Joseph Vijay to engage collaboratively in the matter. Karnataka has identified land for compensatory afforestation and is preparing the necessary application.
A massive fire erupted at a garment factory located in Nangli Sakrawati, Delhi. The fire was reported around 4:22 pm, prompting the deployment of 25 fire tenders. Flames spread rapidly from the ground floor up to the fourth floor of the building. Currently, cooling operations are underway to control the blaze and prevent further damage. The cause of the fire is still under investigation by the authorities.
Voters have conveyed a clear message about the necessity of addressing inflation and economic issues. Both parties are preparing to respond to the economic challenges revealed by recent election outcomes. The Federal Reserve may gain independence to curtail inflation as Trump and Democrats grapple for control. Efforts to secure Social Security funding are urgent as benefits become jeopardized after 2032.
PS5 owners in the US are being offered up to $400 in cash for trading in their consoles through a promotion advertised in the PlayStation app. Back Market handles the trade-ins, with payouts depending on the console's model, condition and accessories. The offer comes weeks before GTA 6 launches on November 19.
Crystalyne Curley achieved a historic milestone by being elected the first woman president of the Navajo Nation. This election cycle also saw significant victories for Native Americans across various levels of government. Noteworthy achievements include Deb Haaland becoming the first female Native governor, and Peggy Flanagan winning a Senate seat. The shift in political representation reflects decades of organizing and grassroots efforts among Native communities.
The opposition party's dig came after Modi targeted political opponents, saying armed Maoists have been eliminated, but dimagi Naxals have infiltrated several political parties and organisations and are instigating people against the Constitution and democracy.
GTA 6: Rockstar Games is taking a different approach to GTA 6's physical release. Boxed copies will contain a download code instead of a disc, meaning buyers must install the game digitally. With up to 212GB of storage required, the disc-free release comes as Rockstar shares nearly 40 new screenshots ahead of launch.
The music world mourns the loss of Richard Lloyd, aged 75, who co-founded the influential band Television. After valiantly combating cholangiocarcinoma and various health issues, Lloyd's intricate guitar work and deep connection with Tom Verlaine earned him a revered place in rock history. He passed away surrounded by his loved ones in Chattanooga, Tennessee.
Voters delivered a historic rebuke to Republicans in Tuesday's midterm election, but with Miller as White House chief of staff, the Trump administration is expected to continue its aggressive immigration crackdown, amplify cultural conflicts and give no ground to a Democratic-controlled Congress, say officials and experts who spoke to Reuters. They say wavering Republicans will face increased pressure to stay in line, while businesses may have a harder time making their case to the White House.
MAGA supporters are reflecting on the recent midterm election losses and their implications for the movement. Many are questioning Trump's role in the party's electoral failures and expressing frustration with party leaders. The elections have raised concerns about the future direction of the MAGA movement, prompting some to call for a re-evaluation of its goals. Discontent over economic issues like living costs has contributed to this disillusionment among supporters.
In 2017, engineers undertook a significant project to replace an old culvert that hindered fish migration in Upper Green Valley Creek. The successful replacement is evidenced by the discovery of 136 young steelhead fish in previously unreachable habitats. Researchers are actively studying the long-term effects on these fish populations and their growth.
Democrats have achieved significant victories by winning attorney general races in five traditionally Republican-leaning states. This shift may hinder conservative legal strategies and provide resistance to President Donald Trump's policies. Incoming Democratic attorneys general plan to refocus on consumer protection and environmental issues while reviewing previous legal actions by their Republican predecessors.
On Sunday morning in Thane, a ceiling slab of a flat collapsed, trapping residents inside. Rescue operations involving the fire brigade and local police quickly followed, ensuring safety for all trapped individuals. Nine residents, including an elderly couple, were successfully brought out unharmed after the incident. The collapse occurred in a four-storey building known as Ganraj Society located in Vartak Nagar.
Once admired for its ornamental beauty, the old world climbing fern has now wreaked havoc on Florida's ecosystems. This invasive plant grows rampantly, enveloping trees and choking out native flora, while also altering fire dynamics. The heightened fire risk threatens tree vitality and wildlife habitats, complicating management efforts. Although options like herbicides and physical removal exist, these methods face challenges in less accessible areas.
Prime Minister Narendra Modi highlighted the elimination of armed Maoists while addressing the ideological threat of 'dimagi Naxals'. He emphasized the need to identify and defeat these elements infiltrating various organizations and political parties. Modi referenced past failures in addressing Naxalism while stating that strong policies and political will led to significant improvements.

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