SANATANA DHRAMA ABOLITION CONFERENCE
Rajnath Singh calls for stronger defensive capabilities to maintain 'element of surprise' in future warfare; launches UDAAN-developed AI applications
Defence Minister Rajnath Singh called on the armed forces to strengthen offensive and defensive capabilities in modern warfare. He highlighted the need for improved integration and intelligence mechanisms to counter unexpected threats. The Defence Minister urged the Indian Air Force to develop doctrines for evolving warfare domains, including cyber and space. He launched in-house developed Artificial Intelligence applications to enhance operational capabilities across various domains.
Who is Graham Gerade? What to know about Kimberly Powell's husband amid Jensen Huang controversy
Jensen Huang, the CEO of Nvidia, has been accused of having an extramarital affair with Kimberly Powell. Reports state that they were seen together at a hotel during a conference. Huang's admission of infidelity arrives alongside scrutiny over Alice Huang’s alleged ties to Chinese intelligence. Kimberly Powell is married to Graham Gerade, a medical technology professional.
World leaders urge stronger and faster action at UN climate talks over inadequate response
World leaders gathered in Turkey for COP31 to discuss effective strategies to combat climate change. Notably absent are leaders from major polluting nations, including the United States, China, and India. U.N. Secretary-General Antonio Guterres urged immediate action in his opening speech and suggested a framework for cooperation. Brazil's President Luiz Inacio Lula da Silva emphasized the need for global leadership on environmental issues.
Namo Bharat crosses 5-crore passenger mark, adds latest crore in record 93 days
The Namo Bharat corridor has recorded over five crore passenger journeys since its inception in October 2023. The latest journey milestone was reached in just 93 days, marking rapid ridership growth. Significant increases in daily journeys were noted, with August witnessing 35.25 lakh passenger journeys alone. The corridor provides efficient connectivity between Delhi, Ghaziabad, and Meerut, enhancing urban transport services.
Things will be known at appropriate time: Sunetra Pawar on NCP merger talks
Maharashtra Deputy CM Sunetra Pawar addressed questions regarding the possible merger of two NCP factions. She stated that further details would be revealed in due time. Several leaders recently met Sharad Pawar, increasing speculation about the merger. The government will celebrate the birth anniversary of Bhagwan Birsa Munda with various programs across the state. Service weeks and health awareness camps are planned, highlighting the importance of the occasion.
World leaders begin talks as COP31 faces pressure to turn climate promises into action amid rising global warming
World leaders are gathering in Turkey for the UN climate conference COP31 amid mounting pressure to translate climate commitments into concrete action. The summit comes after a year of deadly climate-related disasters, stalled progress on fossil fuel reductions and growing concerns that global warming will exceed the 1.5°C threshold set under the Paris Agreement. Rising energy prices linked to the Iran war and the absence of the US delegation add to the challenges facing negotiations.
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COP31: Limiting 1.5°C overshoot, speeding up electrification emerge as top priorities
Limiting the duration and extent of a global temperature overshoot beyond the 1.5°C threshold and accelerating electrification have emerged as key priorities at COP31 in Antalya. The Turkiye-Australia leadership wants these issues included in the conference's negotiated cover decision, while also demonstrating that international cooperation on climate action remains effective.
Pentagon chief Pete Hegseth calls moves to impeach him a farce that will fail
US Defense Secretary Pete Hegseth addressed recent impeachment articles filed against him due to alleged abuse of power. He dismissed the efforts as a farce that would ultimately fail. Representative Thomas Massie introduced eight articles of impeachment against him, raising significant political questions. Hegseth made his comments during a news conference for greater public awareness. The developments in this matter present ongoing political dynamics within the current administration.
India's water journey a model for developing nations: World Bank official
India's water management initiatives, including the Jal Jeevan Mission and Namami Gange Programme, are gaining international recognition. Senior officials at the World Bank have praised these efforts as models for developing countries. The upcoming United Nations Water Conference will highlight India's achievements and encourage knowledge sharing. India is actively preparing for the conference, emphasizing its role in global water security discussions.
2026 set to rank among four warmest years on record, says WMO
The World Meteorological Organization indicates that 2026 will likely be among the four warmest years recorded. The global average temperature so far in 2026 is notably above pre-industrial levels, with more increases expected. El Nino's influence is expected to contribute substantially to this warming trend later in the year. Additionally, sea levels have reached unprecedented heights and ice loss continues to accelerate.
Budget 2027-28: PHDCCI urges govt to scrap LTCG tax on equities, cut STCG tax to 10%
PHD Chamber of Commerce and Industry has made recommendations for the Union Budget 2027-28. They have proposed abolishing long-term capital gains tax and reducing short-term capital gains tax rates. The chamber has also called for relaxed loan repayment norms and higher loan limits for MSMEs. They highlighted the economic significance of MSMEs in India's GDP and employment. Improved access to credit and equity support could enhance India's global manufacturing position.
No one should be left behind in efforts to tackle climate change: India at COP31
At the ongoing COP31 climate conference in Turkiye, India highlighted the urgent need for equity in climate action. The country reaffirmed its commitment to addressing adaptation needs, especially for the Global South. India called attention to the critical role of public finance from developed nations in supporting developing countries. Additionally, India's statement emphasized the importance of Article 9.1 of the Paris Agreement for financing.
India signs Haj 2027 agreement with Saudi Arabia, secures quota of 1,75,025 pilgrims
India has secured a Haj quota of 1,75,025 pilgrims for 2027 after signing a bilateral agreement with Saudi Arabia in Jeddah on November 9. Union Minority Affairs Minister Kiren Rijiju signed the agreement following discussions with Saudi Arabia's Minister of Hajj and Umrah, Dr Tawfiq bin Fawzan Al-Rabiah. The two sides reviewed preparations for the next pilgrimage season and discussed logistical support, coordination and pilgrim welfare.
Trump opens the door for immigration talks with Democrats but rules out amnesty for undocumented immigrants
US President Donald Trump has indicated that he is open to negotiating an immigration agreement with Democratic lawmakers but has firmly ruled out amnesty for undocumented immigrants. Speaking at the White House on November 10, Trump said immigrants must follow established legal procedures but offered no details about possible changes, eligibility or the timeline for negotiations.
India's water management initiatives a model for developing nations: World Bank official
India's water management efforts, such as the Jal Jeevan Mission, are being recognized internationally for their effectiveness. The World Bank highlights India's initiatives, including river restoration and dam safety improvements. These programs aimed at increasing access to clean water are now models for other developing nations. The upcoming 2026 United Nations Water Conference will provide a platform for India to share these experiences.
India gets quota of 1.75 lakh pilgrims under Saudi Arabia's Haj 2027 agreement
India and Saudi Arabia signed the Haj agreement for 2027, permitting 1,75,025 Indian pilgrims to participate. Union Minority Affairs Minister Kiren Rijiju met with Saudi Minister Tawfiq bin Fawzan Al Rabiah to establish the agreement. Discussions also included enhancing cooperation for pilgrims' welfare and logistical support in the upcoming pilgrimage. The Haj quota for India has gradually increased, reflecting the growing number of pilgrims.
World entering 'age of climate extremes': UN chief Guterres
The world is entering a new reality where climate extremes are the norm, the United Nations chief Antonio Guterres warned Monday, urging leaders at the COP31 climate conference in Turkey to "get serious". "We have entered a new age of climate extremes."
Omar Abdullah faces internal dissent as NC MLAs raise concerns over leadership
National Conference is experiencing internal dissent following the resignation of Aga Ruhullah as Srinagar MP. Some MLAs are questioning Chief Minister Omar Abdullah's leadership due to his close aides' influence. Party president Farooq Abdullah has intervened to address the discontent among legislators expressing trust issues. The recent electoral performance has made it difficult for the leadership to acknowledge growing disappointment.
Trump vows new US air show will be biggest in the world
CapeWeek is set to take place at Kennedy Space Center in Florida and is designed to promote American aerospace leadership. The event aims to surpass major air shows hosted internationally while attracting business from around the world. Trump emphasized this initiative after encouraging space companies to forgo an upcoming summit in Paris. This new conference will add to an existing array of global aviation events.
SpaceX stock today: SPCX rebounds 4.89% after 9% crash; can Adam Spatacco's prediction about Musk's Baron conference spark a rally?
Adam Spatacco's SpaceX stock prediction: SpaceX stock is trying to recover after Thursday’s 9.05% crash, with SPCX rising 4.89% to $129.66 in Friday premarket trading. Investors are now watching Elon Musk’s appearance at Baron Capital’s annual conference. Investor Adam Spatacco sees a potential rally catalyst, but the question is whether Musk can offer updates that support Starlink and the company’s AI growth story. Musk's appearance at the 2022 conference did not produce a positive reaction in Tesla shares.
US midterms 2026: Democrats win Congress, but can they change Trump's immigration policies?
The recent 2026 midterm elections have shifted the immigration debate, giving Democrats control of Congress and new leverage against President Trump's policies. As calls for reform intensify, lawmakers face challenges in reversing stringent immigration practices. Key issues surround oversight of ICE, protections for Dreamers, and potential pathways to citizenship for undocumented immigrants. How will this political landscape evolve?
Flanked by 'dissident MLAs,' Farooq Abdullah says no rift within National Conference
National Conference president Farooq Abdullah emphasised party unity following a meeting with disgruntled MLAs. The meeting aimed to address concerns regarding the recent cabinet expansion and party organization. Abdullah stated that the concerns of the legislators were genuine and would be taken into consideration. Assurance was given to address some issues immediately while others would be resolved gradually.
Centre, states to discuss mining and coal sector reforms at conference in Goa: Minister
The National Conference on Mining is set to take place in South Goa over two days. The event will involve the Centre and states discussing reforms and challenges in the mining sector. Key agenda items include launching new critical mineral auction tranches and enhancing transparency. Extensive discussions are planned with states to unlock the sector's potential and advance reforms.
Brazil offers road map to phase down fossil fuels, halt deforestation
Building on the decision adopted at the first global stocktake of the Paris Agreement at COP28 in Dubai in 2023, these seek to advance climate action, strengthen international cooperation and mobilise investment, while supporting economic development, energy security and people's livelihoods. "This is the last delivery of the COP30 presidency," said Ana Toni, chief executive of the 2025 round of the UN climate talks.
Fiscal deficit likely to exceed FY27 target by up to Rs 1.2 lakh crore
India's fiscal deficit for the year 2026-27 is projected to exceed the budgeted target by a significant amount. The anticipated deficit may reach ₹1.2 lakh crore, influenced by various subsidy pressures. Both CareEdge Ratings and SBI Research provided estimates on the fiscal deficit, highlighting potential shortfalls in tax revenue. Proposed measures include utilizing the Economic Stabilisation Fund and implementing expenditure cuts to manage the deficit.
Government has fiscal headroom to absorb Rs 50,000 crore revenue loss from LTCG tax abolition: SBI Research
SBI Research indicates that eliminating the long-term capital gains tax may lead to a modest revenue decline, estimated to be between Rs 40,000-50,000 crore for FY28. The suggested reforms involve raising the exemption limits and introducing lower tax rates based on extended holding durations. Furthermore, an increase in the Securities Transaction Tax is expected to help mitigate some revenue losses, thereby fostering foreign investment and enhancing market confidence.
LTCG abolition may cost just Rs 40,000–50,000 crore, SBI estimates show
SBI Research estimates that abolishing long-term capital gains (LTCG) tax would cost the government just Rs 40,000–50,000 crore in FY27, far below the Rs 1.3 lakh crore collected in FY25. Weaker stock market returns and sustained foreign investor outflows have significantly reduced expected collections, suggesting the move may not derail the government's fiscal consolidation plans.
National Conference MLAs suggest 10 corrective measures to CM Omar Abdullah for accountability within the party
Eighteen ruling National Conference MLAs have submitted a 10-point memorandum to Chief Minister Omar Abdullah, seeking corrective measures, a review of ministerial performance and the removal of his advisor Nasir Aslam Wani. The memorandum, prepared after a meeting of disgruntled MLAs on October 30, also seeks the removal of Deputy Chief Minister Surinder Choudhary from the Public Works portfolio.
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