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Elections 2026Top News / The Economic Times
Madhya Pradesh has added 8.19 lakh voters in the draft electoral roll under the Special Summary Revision. This increase has resulted in a total electorate of nearly 5.48 crore voters in the state. The Electoral Commission has invited claims and objections until December 11, with the final roll to be published on January 4, 2027. The age group of 30-39 represents the highest number of voters among the registered electors.
Congress leader Rahul Gandhi honored Jawaharlal Nehru on his birth anniversary, calling him a guiding force for India. He stated that Nehru's ideals of democracy, diversity, and equality remain vital for the nation. Priyanka Gandhi Vadra emphasized Nehru's revolutionary spirit and ongoing relevance in protecting democratic values. Mallikarjun Kharge recalled Nehru's contributions to India's social, political, and economic foundations after independence.
Exports from the five sectors - engineering goods, petroleum products, electronic goods, gems and jewellery, and organic and inorganic chemicals - increased 59.4 per cent to USD 34.37 billion in October, compared with USD 21.56 billion in the corresponding month last year.
Vinay Mohan Kwatra, India's Ambassador to the United States, criticized USCIRF for its comments on Sharjeel Imam. He stated the commission has no authority to judge Indian citizens' constitutional rights. Kwatra's remarks follow USCIRF's characterization of Imam's detention as related to his advocacy for religious freedom. Sharjeel Imam has been detained since January 2020 for allegedly inciting communal violence.
Gautam Buddha Nagar Police have established extensive security and traffic arrangements for the upcoming Chhath Puja celebrations. Approximately 2,500 civil police personnel and Provincial Armed Constabulary companies have been deployed to ensure safety. The festival will occur at 146 locations, with special arrangements at 13 key sites expected to see large crowds. Devotees will perform rituals over four days, starting with Nahay Khay and concluding with Usha Arghya.
US flights back after nationwide ground stop, delays persist; officials blame outdated equipment
Australian Prime Minister Anthony Albanese and climate minister Chris Bowen made crude jokes during COP31. The exchange occurred while they discussed the potential interference of a phone on health. Albanese jokingly suggested that Bowen should be more concerned about his phone in his pocket. This incident follows previous controversies surrounding Albanese's offhand remarks. Australia's involvement in COP31 has faced criticism for its fossil fuel export practices.
The Tamil Nadu government has set stock limits on essential commodities like rice and pulses to combat price inflation. Wholesalers can stock a maximum of 2,000 metric tonnes of rice, while retailers are restricted to eight tonnes. Miller stock is limited to one month's production capacity, ensuring regular supply. Importers are prohibited from holding stock longer than 45 days post customs clearance, promoting quick turnover.
Ahmedabad's District Child Protection Unit has requested police to restrict Diljit Dosanjh's song performances at his concert. This request follows similar actions taken by authorities in Madhya Pradesh concerning his recent concert. Concerns include the glorification of alcohol consumption, drugs, and weapons in his songs. The unit also highlighted health risks posed by loud sounds and flashing lights impacting children.
The three leaders may meet during the Asia-Pacific Economic Cooperation summit. This unprecedented summit is expected to focus on nuclear arms discussions and regional tensions. While no significant agreements are anticipated, the meeting symbolises their ongoing diplomatic engagements.
India records $90 bn exports in Oct, on track for $1 trillion target: Piyush Goyal
Two oil tankers exploded and caught fire in the Strait of Hormuz after striking naval mines. The Iranian Revolutionary Guard Corps reported the vessels had turned off their radar and positioning systems. This incident raises tensions involving Iran, the United States, and Israel in the strategic waterway. The IRGC also claimed responsibility for targeting a US radar installation in Bahrain.
General insurance companies in India saw a 10.5% increase in gross direct premium income in October. Standalone health insurers also reported significant growth, outperforming general insurers in several areas. HDFC ERGO and SBI General led the performance among private insurers with impressive increases in premium income. Public sector insurers like National Insurance also experienced growth, though some faced declines.
Elon Musk has publicly endorsed a petition to reinstate Jensen Huang as CEO of Nvidia. Huang recently resigned amid controversy regarding his alleged extramarital relationships. These relationships have included a woman who is suspected of having ties to Chinese intelligence services. Musk's support joins that of other prominent figures advocating for Huang's return. The situation raises significant questions about Huang's leadership and personal conduct at Nvidia.
FAA flights grounded due to communications issues, affecting multiple sports teams nationwide. College football teams faced delays, with some opting to travel by bus rather than wait for flights. Professional basketball and hockey teams also scrambled to alter travel plans ahead of their scheduled games. Many teams were forced to seek accommodations, with uncertainty lingering about flight availability.
Unauthorized drone activity at RAF Lakenheath resulted in a security response by US Air Force personnel. The incident was resolved without impacting personnel or aircraft according to US and UK defense officials. Recently, other US bases in the UK faced similar threats, prompting a heightened alert status. Earlier incidents involved suspicious vehicles near RAF Fairford, leading to arrests linked to a potential attack.
FAA flights grounded: After a nationwide groundstop halted thousands of flights, the Trump administration increased its air traffic control funding request. The official request has risen from $30.1 billion to $50 billion due to ongoing issues. Funding aims to modernize aging airports and enhance air traffic systems across the United States. Major airlines have shown support for this funding request during this critical safety period.
The corporate bond market in Mumbai was abuzz with activity on Friday, pulling in an impressive
Democratic senators have urged Elon Musk to maintain records pertaining to SpaceX's restrictions on services in Ukraine. These services are crucial for Ukraine's military communication and operations amid ongoing conflicts. The restrictions raised questions about SpaceX's influence on national security communications and decision-making processes. Reports indicated that the service limitations originated within the White House but were later disputed by officials.
In the latest transaction, SVF II Meerkat (DE) LLC, an affiliate of SoftBank, offloaded 7.64 crore shares in Bengaluru-based Meesho, according to the block deal data on the National Stock Exchange (NSE).
A group of nonprofits has filed a lawsuit against OpenAI, Anthropic, and other tech companies. They seek to prevent further development of advanced AI models citing potential harm to humanity. Company leaders have raised concerns about the dangers associated with artificial intelligence technologies. The lawsuit relies on California's laws regarding unfair business practices for its basis. If successful, this could significantly impact the future of AI development in these companies.
India has announced an ambitious goal to install 900 gigawatts of clean energy by 2035. The government has approved nearly $20 billion to improve power grid infrastructure. Experts emphasize that grid enhancements are crucial for this energy transition. While coal remains a significant energy source, the shift toward renewables is essential. Meeting future demands will require integrated solutions for electricity generation and storage.
US President Donald Trump will travel to the Philippines and China with Elon Musk for important diplomatic meetings. In Manila, he intends to sign a trade deal with Thailand and meet with Southeast Asian leaders. Trump's agenda includes discussions about trade measures and export controls related to advanced computer chips. A trilateral meeting with Xi Jinping and Vladimir Putin is also scheduled during this trip.
The Indian stock indices experienced a retreat as increasing crude oil costs negatively impacted market sentiment. Retail inflation hit 6.09% in October, breaching the tolerance threshold set by the Reserve Bank of India. This spike raised alarms about possible future rate adjustments. Sectors like realty, auto, and cement faced considerable selling activity due to these economic dynamics. However, the benchmarks concluded the week with minor gains.
A tanker struck the American Heritage paddleboat while it was docked on the Mississippi River in New Orleans. The collision caused the paddleboat to partially submerge, with 129 passengers aboard at the time. Rescuers, including nearby workers and police, promptly responded to assist those in distress. At least 32 individuals required hospitalization, though none suffered critical injuries.
The Indian IT sector has seen a rollercoaster of activity, where mid-sized companies have outperformed their larger peers recently. Increased deal bookings are promising, yet slow revenue growth due to client indecision lingers. The emergence of AI technology brings both new possibilities and pricing pressures for classic services. To sustain their margins in this shifting landscape, companies are honing their operational efficiency.
FAA flights grounded reason: US Transportation Secretary Sean Duffy reported that an overloaded air traffic control communications system led to a nationwide groundstop. This issue resulted in more than 10,000 flights being cancelled and delayed across the country. The system experienced inconsistent data due to overloaded switches and routers, prompting the decision to shut it down. Intermittent communication occurred along with intermittent radar problems which contributed to the disruption.
Donald Trump is set to meet with Xi Jinping next week during the Asia-Pacific Economic Cooperation forum in China. Recently, Jensen Huang resigned as CEO of Nvidia amid allegations involving Alice Huang and potential national security concerns. The US Justice Department has not concluded any investigation regarding Alice Huang's affiliations with the Chinese government. Trump is not expected to raise the allegations during his meeting with Xi.
Airlines including Air Canada and American Airlines issued passenger advisories after a nationwide ground stop imposed by the Federal Aviation Administration (FAA) disrupted flight operations across the United States, triggering cancellations and departure delays.Air Canada cancelled all flights to and from the US for the remainder of the evening, warning that services between Canada, the Caribbean and South America that transit US airspace could also be affected.Also Read: US flights remain sus
The Reserve Bank of India notifies citizens about various bank holidays based on states and Union Territories. Certain bank transactions will require a branch visit on Saturdays despite many online services being available. Customers should plan accordingly due to these closures and limited access to in-person services.
Here is how brands can move beyond short-term advertising campaigns to build lasting market credibility, strengthen brand presence, and connect with influential decision-makers through strategic marketing opportunities, integrated brand solutions, and high-impact media platforms.
Anthropic chief executive Dario Amodei pitched investors on safety and a strict hiring culture on Friday, days before the AI company's stock market debut. Nvidia, the chip giant at the center of the AI buildout and an Anthropic investor, has been rocked by the resignation of chief executive Jensen Huang after he admitted to an affair with a woman US intelligence reportedly believes was a Chinese spy.
US Secretary of State Marco Rubio acknowledged the economic struggles faced by Americans during his speech to conservatives. He emphasized that economic health should be measured by people's ability to afford necessities, rather than stock market performance. Rubio defended controversial decisions made during the Trump administration regarding foreign policy and claimed international law has been weaponized against U.S. actions.
SpaceX successfully launched its Starship spacecraft on a mission that aimed for both orbit and return. Unfortunately, the lower-stage Super Heavy booster rocket failed to complete its return flight. Starship's upper-stage vessel reached orbit and deployed 26 satellites into space. This launch marks SpaceX's 15th Starship test flight, contributing to their satellite connectivity business. The company hopes to achieve a fully reusable rocket system for future missions.
Jensen Huang, who resigned as CEO of Nvidia following revelations about his affair with Alice Huang, misled company leaders regarding the nature of their relationship, which raised concerns. Internal communications revealed that Huang had described their interactions as standard business dealings. An investigation was launched by Nvidia's board after media reports surfaced about the affair. Nvidia's stock has significantly declined since the news broke, causing losses of over $1.8 trillion.
FAA Ground Stop: This is the first nationwide ground stop since January 2023 when a key FAA computer system malfunctioned. Before that the last time had been after the September 11, 2001 attacks.
S&P 500, Nasdaq's losses came ahead of AI company Anthropic's much-anticipated IPO next week. Nvidia is scheduled to announce earnings report on next Tuesday, November 17.
Iran US War: UN's International Maritime Organization said 25 seafarers died and many others were injured or remain missing following some 134 incidents in the Strait of Hormuz and the wider Middle East maritime area as of November 11.
Bitcoin price crash today: Bitcoin price has dropped to nearly $68,000, its lowest level since August, as more than $856 million in crypto positions were liquidated. ETF outflows and weak demand have added to the pressure, while Anthropic's upcoming IPO raises questions about investor interest in BTC USD and its chances of recovering to $90,000.
After a protracted period of not getting hired despite passing interviews, a Bengaluru resident recently posted on the subreddit BangaloreJob to describe how he finally found employment.
A software expert shared his story on the Developers India subreddit, explaining how, after months of failed attempts, he was able to eventually turn things around. He disclosed that he currently works as a software developer and has three years of industry experience, earning 22 lakh annually.

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