MID TERM ELECTIONS
Between the chip and the slip: Honeytrap suspicions further sours ties between US and China
Nvidia's CEO Jensen Huang is being investigated for having an alleged affair with a potential Chinese intelligence agent. This individual reportedly sought to gather information about Nvidia's advanced technology. Nvidia's board has launched an independent probe to examine the allegations against Huang. US lawmakers are demanding a briefing on the matter amid heightened concerns over national security.
'Ability, confidence, education, not minority identity': Family of Saba Haider on US poll victory
Saba Haider, an Illinois House representative, secured a significant victory in the recent elections. Her family in Uttar Pradesh celebrated the achievement, highlighting the importance of education and public service. Saba's journey included a gold medal in Wildlife Science from Aligarh Muslim University before moving to the US. She previously ran unsuccessfully for the DuPage County Board before winning her current position.
6 photos that define India-born Nithya Raman, the new LA mayor, life: From Kerala to Harvard to motherhood to social activism to LA mayor
Nithya Raman, a distinguished alumna of both Harvard and MIT, has made history by being elected as Los Angeles' first South Asian mayor, triumphing over incumbent Karen Bass in the recent November 3 mid-term elections. Her dedication to urban planning, shaped by her educational background, has been pivotal in her political journey, and she thrives on the blend of family values and civic duty, often celebrating milestones with her children.
First South Asian woman in state's General Assembly takes the seat; India-born Saba Haider wins Illinois House seat
Saba Haider won a seat in the Illinois House of Representatives during the November 3 mid-term elections. She secured 70.9 per cent of the votes against her Republican opponent, Brian Scopa. Haider previously served on the DuPage County Board and focussed her campaign on affordable healthcare and education. Her victory is significant as she is the first South Asian woman in the state's General Assembly.
Homeless tents in her LA neighbourhood changed Nithya Raman's life: From volunteer to Los Angeles mayor
Nithya Raman, originally from Kerala, has etched her name in history as Los Angeles' first South Asian mayor. Elected during the pivotal mid-term elections, she triumphed over incumbent Karen Bass. Raman's impactful political journey began with her initiative to tackle homelessness, amplifying community support. With degrees from Harvard and a master's from MIT, her mission centers on enhancing living conditions, particularly for vulnerable individuals in her city.
Indian-born Nithya Raman elected Mayor of Los Angeles, scripts history as first South Asian mayor of the city
Nithya Raman has made history by becoming the first South Asian mayor of Los Angeles. She won the election against incumbent Karen Bass during the recent mid-term elections. Raman, an urban planner with degrees from Harvard and MIT, aims to address housing and transit issues. The Indian-American community has achieved significant political gains across the country in these elections.
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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.

These mid-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 28%, according to analysts
Global markets on Wednesday celebrated the outcome of the US mid-term election as well as a sharp drop in oil prices. Oil prices, which at the end of last week were at about $118 to the barrel, are now under $95. The hope clearly is that Democrat control of both chambers of the US Congress will pressure the Trump administration to pursue a diplomatic end to the conflict with Iran in the Gulf.

Issue for foreigners is they don't pay taxes elsewhere: Samir Arora, founder and Group CIO of Helios Capital
Samir Arora from Helios Capital discusses India's optimistic earnings forecast, suggesting a growth of 14-15%. Despite this, foreign investors remain wary due to uncertainties surrounding the capital gains tax regime, impacting their sentiment towards investment. He draws an analogy between the current AI investment frenzy and historical market trends, emphasizing that substantial corporate investments are persisting even amidst falling valuations.

Lok Sabha Speaker Om Birla calls for debate, discussions in House amid opposition heat
Lok Sabha Speaker Om Birla highlighted the necessity of discussions in democracy while addressing ongoing opposition protests against the Election Commission. The Speaker urged Parliament to engage in fruitful debates on various issues. He noted that the disqualification proceedings against 20 MPs aligned with the NDA are still under examination. Additionally, Birla is reviewing a notice about chief secretaries' absence from a hearing on scholarship irregularities.

Donald Trump's midterm drubbing demonstrates the power of data center opponents
Democrat victories in recent midterm elections signal a shift in public sentiment regarding data centers and AI technology. Key races in Texas and Georgia brought significant wins for candidates opposing data center development. Analysts estimate that nearly half of planned US data center capacity could face new regulations and moratoriums. Concerns have emerged over potential slowdown effects on the AI and technology sectors as stocks decline.

US Midterm Elections History: From 1866 to 1994 to 2018 – The polls that changed the course of American presidential power
The 2026 midterm elections have led to a significant shift in power dynamics within Congress. Democrats have secured control of both the House of Representatives and the Senate during this election. This change means increased scrutiny of the Trump administration and potential challenges to its legislative agenda. Historical precedents show how midterm elections reshape presidential power and influence national policy debates.

Congress cites US mid-term results to slam 'One Nation, One Election' idea
The Congress party used the results of the recent US mid-term elections to emphasize accountability in democracy. Congress general secretary Jairam Ramesh criticized the Modi government's One Nation, One Election proposal as detrimental to accountability. The elections showed significant losses for the Republican Party, reflecting voter discontent with Trump's policies. Voters in key states flipped gubernatorial positions, impacting the Republican stronghold.

'America trying to deport Trump': Donald Trump faces Blue storm on social media as Democrats look set to sweep polls. Check hilarious memes
Democrats' strong performance in the US midterm elections has triggered a wave of memes targeting Donald Trump. From jokes about America trying to deport Trump's majority to comparisons with Rahul Gandhi, social media users are turning the Republican setback into political humour.

David Crowley makes history as Wisconsin's first Black governor, winning crucial Democratic race
David Crowley has declared victory in the Wisconsin governor's race while Tom Tiffany conceded defeat on Tuesday. Crowley would become the first Black governor in Wisconsin's history and the first Democrat in over eight years. He previously served as Milwaukee County executive and was encouraged to re-enter the race by retiring Governor Tony Evers. Tiffany, backed by significant billionaire support, faced challenges from Crowley's campaign focused on economic issues.

Trump blames Fox News for Republican losses, blasts network for putting ‘Worst Mayor’ Bill de Blasio on air
President Donald Trump voiced his frustration with Fox News after the network aired Bill de Blasio's remarks about the mid-term elections. He claimed that such coverage is harming Fox's already dwindling viewership, which plummeted by 27% in October. Trump believes that the Republican party's prospects could have been brighter with his presence on the ballot, exposing the growing discord between him and his past media ally.

'Power of Veto': Trump holds out 'Veto' warning to Democrats as they take control of Congress
US President Donald Trump has warned that he will use his veto power to block legislation passed by a Democrat-controlled Congress after the party secured major gains in the midterm elections, flipping both the House of Representatives and the Senate.

US midterms may help D-Street break free from geopolitical overhang
The upcoming US mid-term elections will potentially influence global markets and trade policies. Investors are closely watching whether the outcomes will ease uncertainties regarding tariffs and immigration. The results could shape the policy direction and affect the sentiment of global investors. Analysts suggest that the focus should remain on domestic earnings growth and financial flows.

US midterm elections: Early Democratic wins rattle Wall Street
Early Democratic victories in key US Senate races have raised expectations of a potential shift in control of Congress, although the final outcome remains uncertain. The emerging results triggered a sharp reaction across financial markets, with US stock futures falling, Treasury yields declining and the dollar weakening as investors assessed the implications of a possible Democratic sweep.

Chinese yuan hits over two-week low against dollar as PBOC signals caution on appreciation
China’s yuan weakened to a more than two-week low against the dollar after the central bank set a weaker daily fixing and raised foreign exchange reserve requirements. The moves signal Beijing’s efforts to moderate the currency’s rapid appreciation.

US midterm election betting surges past $1.4 billion as Democrats score major wins
Betting on the 2026 US midterm elections has crossed $1.4 billion, putting prediction markets such as Kalshi and Polymarket to a major test. Strong Democratic gains have triggered sharp movements in election-related contracts, drawing attention to the platforms' growing influence. However, concerns over manipulation, insider trading and forecasting accuracy continue to challenge their credibility as political forecasting tools.

Corporate bond issuances top Rs 17,000 crore as yields ease
Corporate debt issuances have seen significant growth as many companies seek to capitalize on favorable borrowing conditions. The aggregate debt proposed to be raised this week surpasses Rs 17,000 crore. Experts suggest that current bond yields below 7.30% may not remain stable for long. The outcome of upcoming US midterm elections may influence future market conditions significantly.

Global Market Today: Asian shares retreat as US futures slide on mid-term election bets
Contracts for the S&P 500 Index dropped 0.3%, erasing an initial gain of 0.5%, while those for the Nasdaq 100 declined 0.6%. The dollar dropped against most of its Group-of-10 peers and the yield on the benchmark 10-year Treasury note fell four basis points to 4.92%. The MSCI Asia Pacific Index dropped 0.2% even as South Korea’s Kospi Index jumped 1%.

Election day 2026 results so far: Check midterm election results as US President Donald Trump-Republicans face off Democrats for Senate, House of Representatives
Election day 2026 results from Texas, Ohio, Michigan, Alaska, Iowa, Kansas, and Maine are keenly watched as Donald Trump's Republicans are trying to fend off challenges from Democrats.

US midterm Election results 2026 so far: When will results come in from Georgia, Texas and other key states? Check here
Election results 2026 so far: Americans are voting in the 2026 US midterm elections, with key races in Georgia, Pennsylvania, Texas and other states set to shape control of Congress. The first results are expected after polling stations begin closing at 6 pm Eastern Time on Tuesday. Here’s when the first results are expected and which states could take longer to declare winners.

Same-day voter registration: How to register and vote on November 3 for US midterm elections in California and other states
In California, same-day voter registration allows qualified citizens to both register and vote on the very day of elections. To participate, individuals must be at least 18 years old and a US citizen. Registration is available at specified locations during the 14 days leading up to the election, including Election Day. Other states also provide same-day registration, though they may have unique procedures and documentation.

Voting tomorrow? How to find your polling place and sample ballot for US Election Day 2026
Voting day 2026: With the 2026 US midterm elections set for November 3, voters can check their assigned polling place, review their sample ballot and confirm voting hours before heading to the polls. Here’s how to find official election information and see which candidates and ballot measures will appear in their area.

Why is gold price rising today? Gold bounces back to $3,903 after dropping to one-year low
Gold price is on the rise today. The precious metal has climbed up with a 0.8% increase to $3903.90 an ounce after falling to a 1-year low. The gold price has risen due to the easing of the fears of higher inflation. This has also happened due to the slump in oil prices recently. Investors are focusing on interest rates from the Fed and US mid-term elections on November 3.

Chris Murphy hospitalised after stroke: What we know about the senator’s condition and what happens next
US Senator Chris Murphy was hospitalized after experiencing a stroke while attending his son's hockey game. He was transferred to Johns Hopkins Hospital in Baltimore for further monitoring to assess his condition. Murphy's office reports that he is awake, alert, and responding well to treatment provided by medical professionals. His immediate schedule for campaigning ahead of the midterm elections has been disrupted by this unexpected event.
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