LABOUR PARTY
Trump's midterm poll setback won't derail India-US trade talks: Official
India and the US are continuing technical negotiations on the first tranche of their proposed bilateral trade agreement, with a US customs and trade facilitation team visiting New Delhi on November 2-3. Officials said the talks will continue despite the Republican Party losing its majorities in both chambers of Congress. India is seeking lower US tariffs than those faced by competitors such as Bangladesh, Vietnam and Cambodia.
ETMarkets Smart Talk| Higher yields offer opportunities, but investors need not rush into long-duration funds: Shriram Ramanathan
In this edition of ETMarkets Smart Talk, Shriram Ramanathan, CIO–Fixed Income at HSBC Mutual Fund, discusses the changing dynamics in India’s bond market, the outlook for interest rates and yields, and how investors should navigate the choice between debt mutual funds, fixed deposits and government securities. He also explains why liquidity and flexibility could matter more than rushing to lock into longer-duration bets in the current environment.
US dollar holds onto payrolls gains, NZ dollar rises after election
Dollar index steadies at 102.20 after jumping about 0.7% Friday * Fed hike bets rekindled after receding amid AI stock selloff * NZ ballot too close to call, leader will not be known for weeks TOKYO
Hispanic voters helped Trump win in 2024. Now his immigration crackdown could cost him their support
Hispanic voters played a significant role in the Democratic resurgence during the 2026 US midterms. Many voters expressed dissatisfaction with immigration enforcement and the economy under the previous administration. In Texas, communities along the border showed a remarkable shift back to Democratic support. Despite earlier backing Trump in 2024, these voters prioritized economic concerns over immigration policies. Future political strategies must effectively address these diverse voter concerns and priorities.
New Zealand election too close to call as smaller parties reshape political landscape
New Zealand's recent election has resulted in no clear majority among major parties, as smaller parties gain influence. Preliminary projections show the right-leaning bloc with 67 seats while the left holds 57 seats in parliament. Approximately 400,000 special votes remain to be counted which may alter the distribution of seats significantly. The new centrist Opportunity Party could play a key role in coalition negotiations.
Mohammed Shami: A master of seam and swing, he possessed something no coaching manual could teach
Opponents have dissected Shami’s craft because their survival depended on it: but knowing why he did what he did or how was not always insurance against its efficacy. Teammates, especially aspiring young quicks, have examined his preparation and mindset, but that was no guarantee they could emulate him, even with his willing assistance. Experts have marvelled at Shami’s sustained excellence, the undeniable beauty of how he cruelly exposed batsmen before getting them out.
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New Zealand election ends in cliffhanger as Luxon, Hipkins battle for power; early results awaited
The polling places in New Zealand closed after a competitive election campaign between National and Labour parties. Christopher Luxon of National seeks a second term against Chris Hipkins of Labour, who aims for redemption. Voter discontent over economic issues has complicated the path to majority for either party. Coalition talks may be necessary if no party achieves a clear majority.
Paraguayan president Santiago Pena impeached minutes after resigning following bank collapse
The 78-0 vote marked a stunning repudiation of Pena by lawmakers from his long-ruling Colorado Party, who joined the opposition in backing his impeachment after three days of demonstrations rocked the capital, Asuncion.
American midterm results will not have an impact on India-US interim trade deal: Sources
The Democrats' sweeping victory in the US midterm elections is unlikely to affect the India-US interim trade agreement, as the pact does not require formal Congressional ratification, sources said. However, ongoing Section 301 investigations into forced labour and excess industrial capacity could influence Washington's tariff structure and the finalisation of the agreement.
Mayawati questions EVM-based voting, says people seeking return to ballot papers
BSP chief Mayawati has raised concerns about the credibility of electronic voting machines and fair elections. She stated that many people are demanding a return to the ballot paper system. Mayawati linked these election integrity issues to broader socio-economic challenges faced by the country. The BSP's longstanding opposition to EVMs has gained traction, particularly among younger voters.
UP 2027 polls extremely crucial for poor, exploited Dalits: Mayawati
Mayawati emphasized the critical role of the upcoming Uttar Pradesh Assembly elections for both the Bahujan Samaj and the upper-caste. She criticized the Congress, Samajwadi Party, and BJP for inadequately addressing the needs of marginalized groups. The meeting was geared towards strategizing for victory and tackling pivotal issues like poverty and unemployment, reflecting her dedication to the principles laid out by B R Ambedkar.
Voter ID to replace Aadhaar for welfare schemes and benefits? BJP government's plan sparks row
The Centre plans to require voter ID numbers and biometric authentication for welfare benefits. This proposal has sparked criticism from the CPI(M), which claims it could exclude vulnerable individuals from essential government schemes. Critics argue that many rural residents lack access to necessary technology, thereby hindering their ability to receive benefits.
Democrats' US midterm sweep may give India more room to negotiate a balanced trade deal with Trump
Democrats' takeover of both chambers of the US Congress could ease pressure on India in trade negotiations with the Trump administration, experts said. Greater Congressional scrutiny of tariffs may create opportunities for Indian exporters, although the existing 18% tariff is unlikely to change immediately and the bilateral trade agreement could face delays.
Midterm results may slow US visa curbs, but no quick relief likely for IT
The opposition party’s takeover of both chambers of US Congress is expected to bring greater scrutiny of the administration’s policy decisions, potentially slowing further restrictions, industry experts told ET. However, any improvement in sentiment is unlikely to translate quickly into higher hiring or technology spending.
He lost the governor’s primary, then got picked as a last-minute replacement with 566 of 571 votes; 100 days later Troy Jackson unseated Susan Collins
Troy Jackson's political journey took an unexpected turn when he received the Democratic Senate nomination. After Graham Platner withdrew due to a serious allegation, Jackson became the leading candidate. He won the nomination with overwhelming support at the special convention. Subsequently, Jackson campaigned and defeated longtime Republican Senator Susan Collins in the general election.
US midterm election results: Indian-origin US Congressman Ro Khanna wins California election, backs H-1B visa reform and immigrant rights
In a resounding victory, Congressman Ro Khanna, of Indian descent, has been re-elected in California's 17th District, garnering an impressive 72 per cent of the votes cast against his Republican opponent, Ritesh Tandon. As a notable progressive figure in Congress, Khanna is a fierce advocate for immigrant rights and champions reforms in the tech sector.
Middle class spending boom in India comes with growing debt bill
Consumer borrowing in India has surged significantly as access to credit has expanded across the population. Individuals like Navjot Singh illustrate the financial burdens incurred from loans that have become widespread among the populace. As interest rates increase, many consumers face a heightened risk of default on their debts. Reports show that borrowing against gold and informal loans has also intensified in recent years.
US Treasury yields climb as strong jobs data, midterm polls weigh; 10-year yield eyes 5% again
US Treasury yields climbed as stronger than expected September jobs data pointed to a resilient labour market, while investors awaited the midterm election results. Falling oil prices briefly eased pressure on bonds, but the move reversed as economic data reinforced growth expectations and uncertainty over future US fiscal policy kept investors cautious.
Election Day 2026 results so far: Abdul El-Sayed vs Mike Rogers in Michigan Senate race; who is Democrat's wife Sarah Jukaku?
Election Day 2026 results so far: Michigan's closely watched 2026 Senate race pits Democrat Abdul El-Sayed against Republican Mike Rogers, with both candidates competing for a crucial seat. Most polls predict that Abdul El-Sayed might win. As voters head to the polls, here's what to know about El-Sayed's career, political background and wife, psychiatrist Sarah Jukaku.
Buying gold jewellery this Dhanteras? You need to pay 67% more on this fee - here's how your final bill will look
In September 2026, just ahead of the start of the festive season, the Bureau of Indian Standards (BIS) had revised the hallmarking charges applicable to gold and silver articles. Gold hallmarking was made mandatory in June 2021 to enhance the credibility of gold jewellery. Yes, jewellers add the fee to your final bill. Know the formula that jewellers typically use to calculate the final price.
Justin Baldoni sells LA home for $2.1M, nearly doubling his 2017 investment as he starts anew in Nashville after Blake Lively legal battle
After years of residency, Justin Baldoni has sold his Culver City home for $2.1 million, stepping away from a chapter marked by a complicated legal affair involving Blake Lively and a $400 million lawsuit that was ultimately dismissed. The Baldoni family, including his wife and two kids, is embracing a new life in Nashville yet still retains their Ojai property.
Lindsay Clancy’s case and the limits of the insanity defence: Why jurors can reach different conclusions
Lindsay Clancy, a former nurse, is on trial for murdering her three children in January 2023. Her defence claims postpartum psychosis impaired her actions and understanding of right and wrong. The first trial ended in a mistrial due to a juror disagreement about her mental health. As she returns to court, her lawyers are seeking dismissal of the charges based on double-jeopardy concerns.
US Midterm Elections 2026: Could the SMARTER Act change how Indians get US Green Cards?
With the upcoming midterm elections, a new immigration proposal in Congress could reshape the future of green cards and family sponsorship, especially for Indian professionals. The SMARTER Act aims to introduce a points-based system, eliminate country-based visa limits, and restrict family immigration to closer relatives, but its success hinges on the election outcomes.
US Midterm elections, Apple earnings, jobs data to test Wall Street after AI rout
Wall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI-led tech selloffs have heightened concerns over infrastructure spending and returns. Apple, AMD and Palantir results, alongside regulatory uncertainty and economic signals, could determine market direction and volatility.
‘You are not bigger than the Constitution’: Rahul Gandhi targets PM Modi, Shah and CEC Gyanesh Kumar at mega INDIA bloc rally
Rahul Gandhi addressed a rally in Delhi, alleging that the BJP has manipulated electoral processes. He claimed that 13.5 crore voters were improperly removed from electoral rolls, affecting the electoral outcomes. Gandhi emphasized that the opposition would take legal steps against Prime Minister Modi and Chief Election Commissioner Gyanesh Kumar. He criticized the BJP for capturing key institutions and concentrating wealth among a few industrialists.
UK leader Andy Burnham hints at apology for country's role in slave trade but rejects reparations
Writing in the Guardian on Saturday, Burnham said Britain needed to acknowledge its "complicated history" in order to protect the Commonwealth, an association of 56 independent nations that grew out of the British Empire.
A $180.6 million warning for Trump? Texas border towns grapple with the economic fallout of his deportation campaign as local workers feel the growing heat
President Trump's strict immigration policies are leading to economic challenges in the Rio Grande Valley region. Many residents are feeling anxious due to the heightened immigration enforcement ahead of elections. Research indicates a notable economic loss attributed to these immigration enforcement measures. Local businesses are concerned about the impact of these policies on their labor force and customer base.
‘Facing ‘gerontonomia’, the West’s young opt for political extremes’
Tim Vlandas analyzes the influence of aging populations on electoral politics in advanced capitalist nations like Europe. Older voters display different policy preferences, emphasizing pensions over issues of younger demographics. Consequently, governments often allocate more resources to pension spending rather than investing in education and infrastructure. Young voters may become politically disenchanted, leading to radical shifts towards extreme parties.
US trade deal will protect all sensitive Indian interests, says Piyush Goyal
Commerce Minister Piyush Goyal said India’s trade deal with the US would protect sensitive interests, including those of farmers, and give the country a competitive advantage. He criticised opposition parties for questioning the agreement before its details were released, while defending India’s trade strategy and its decision to stay out of RCEP.
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