SECURITY HEIGHTENED
Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosion
Anthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing a valuation between $1 trillion and $1.5 trillion for the Nasdaq listing. Communities express concerns over environmental impacts and rising electricity costs linked to data centres. Public sentiment is shifting against technology companies, raising questions about economic benefits versus local costs.
Diwali 2026: From Ayodhya’s sea of diyas to Goa’s fiery Narkasurs, India celebrates the festival in splendour
India celebrates Diwali on November 8 with spectacular displays of devotion and tradition, from lakhs of diyas illuminating Ayodhya’s Saryu ghats to giant Narkasur effigies burning in Goa. As families prepare for Lakshmi Puja, security is tightened, special trains ferry festive travellers and temples across Uttar Pradesh host elaborate celebrations.
11/11 Portal 2026: Why November 11 Is Considered Powerful for Manifestation and What to Write in Your Journal for Love, Money and Success
The 11/11 Portal 2026 falls on Wednesday, November 11, and is associated with manifestation, spiritual awareness and new beginnings in numerology. Discover why November 11 is considered significant and explore journal prompts, affirmations and manifestation rituals for attracting love, financial abundance, career success and emotional peace.
Delhi steps up security for Diwali, deploys personnel across 15 districts
Security has been tightened extensively in Delhi to ensure safety during the Diwali celebrations. Police have deployed personnel at sensitive locations and crowded areas to maintain law and order. Special attention is being given to markets and public transport hubs to prevent any incidents. Residents are advised to stay vigilant and report any suspicious activities to the police. CCTV and surveillance systems are in place to monitor crowd movements effectively.
Diwali 2026: Delhi Metro to commence services at 6 am on select routes; check new timings here
Delhi Metro has announced earlier train services on select lines for Diwali festivities. Trains on the Pink Line, Magenta Line, and Grey Line will begin operations at 6 am. Regular services will continue according to the Sunday timetable after the early start. Last trains from all terminal stations will depart at 10 pm on Sunday. This revised schedule aims to accommodate commuters during the festive occasion.
Iran distributes iodine tablets amid fears of possible US strikes on nuclear sites: Report
Iran has started to distribute iodine tablets to populations near its nuclear facilities amid escalating tensions. The decision comes as concerns grow over potential military action from the United States. Recent reports indicate that US officials are considering strikes on Iran's nuclear sites. This heightened alertness follows significant discussions within the US administration regarding military options. Iraqi Prime Minister Ali Faleh Al-Zaidi has also asserted Iraq's sovereignty during these deliberations.
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Kalyan, Titan, other Jewellery stocks rally up to 5% on Dhanteras 2026. How is yellow metal placed this festive season?
Jewellery stocks rallied ahead of Dhanteras 2026 as investors anticipated stronger precious metal demand. Meanwhile, brokerages see opportunities in gold and silver following their recent corrections, with Axis Securities and Religare Broking outlining accumulation ranges, price targets and key support levels.
Bitcoin nears $80,300, Ethereum trades at $2,400 as crypto market rebounds after US midterm volatility
Bitcoin rebounded above $80,000, while Ethereum climbed to $2,417 amid improving market sentiment following US midterm elections. The global crypto market capitalisation rose 2.32% to $2.69 trillion, supported by short liquidations and renewed buying interest.
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.
AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-In
The Indian Computer Emergency Response Team (Cert-In) has named the incident "Crafty Falcon", which uses publicly available AI tools to execute complete attack chains autonomously at machine speed and generate and refine large numbers of tailored attack scripts in rapid succession.
Trump's midterm setback may put India under pressure for quick trade deal on US terms: GTRI
Amid electoral challenges, US President Donald Trump is likely to ramp up pressure on India to seal a trade deal. This potential agreement would require India to decrease import tariffs on US goods while the US keeps its tariffs intact. Analysts caution that such an arrangement may breach WTO MFN principles, undermining India's trade credibility. Additionally, compromising energy security and development aspirations could have serious implications.
ETMarkets Smart Talk| FDs, government bonds or debt mutual funds: How should investors choose in today's market?
In this edition of ETMarkets Smart Talk, we speak with Siddharth Chaudhary, Head – Fixed Income, Bajaj Asset Management Limited, who shares his outlook on interest rates, bond yields and liquidity, and explains how investors can navigate the changing fixed-income landscape while balancing returns, risk and liquidity needs.
Oil Price Today (November 4): Crude oil falls below $104 ahead of US midterm elections outcome. What are analysts saying?
Crude oil price : Oil prices experienced a slight dip on Wednesday as traders kept a close eye on the US midterm elections. Brent crude futures fell to $103.21 per barrel, with US WTI crude also seeing a decrease to $95.42. Despite an unexpected drop in US crude inventories, the unpredictable situation in the Middle East continues to influence market sentiments.
Sebi imposes Rs 40 lakh penalty on two brokers in Axis Mutual Fund front-running case
Securities and Exchange Board of India has imposed penalties on two stockbroking firms over regulatory violations. Woodstock Broking and Marfatia Stock Broking allowed unauthorized access to their trading terminals. This access facilitated front-running trades by Prijesh Kurani, who operated from Dubai. The investigation revealed insider information was shared regarding Axis Mutual Fund's trades. The regulatory body emphasized the importance of stringent controls over terminal access and trading infrastructure.
'No escape': ICE, Homeland Security issue warnings against illegal voting as US delves in midterm polls
US Immigration and Customs Enforcement and the Department of Homeland Security issued warnings about illegal voting. They emphasized that illegal voters would face serious consequences, including arrest and deportation. This warning coincides with heightened scrutiny of election security and voter eligibility as the midterm elections approach. The Justice Department has also deployed election monitors to ensure compliance with voting rights laws.
IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?
Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session amid US-Iran peace talks. Upstream stocks ONGC and Oil India, however, fell up to 2%. Lower crude prices typically benefit downstream companies by easing input costs and supporting refining and marketing margins.
Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?
Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen regarding the potential escalation of the ongoing conflict in the Middle East. Goldman Sachs has revised its oil price forecasts upward, contemplating a possible future increase to $140 per barrel. Meanwhile, Tehran continues discussions with the US to seek peace despite ongoing military tensions.
American companies brace for a pivot as US midterm elections get underway
US midterms: Corporate America is anticipating a potential shifts in Washington's power dynamics. Analysts predict that a strong Democratic showing could benefit sectors such as clean energy, housing and healthcare. Conversely, AI and defence stocks may face increased scrutiny from lawmakers.
Why traders are moving away from equity F&O to commodities? Nithin Kamath explains
Commodity derivatives traders in India surged nearly 62% to 21 lakh in FY26, while equity F&O participants fell 20% to 85 lakh. Zerodha's Nithin Kamath cited commodity volatility, options popularity and extended MCX trading hours.
Nasdaq Outlook: Is the worst over for AI-fuelled tech stocks?
Wall Street’s AI-led rally faced a sharp setback as the Nasdaq recorded its biggest single-day fall since June. Heavy losses in technology stocks reflected growing investor concerns over hyperscaler spending and the returns on artificial intelligence investments.
Goldman Sachs raises oil price forecasts, warns Brent could hit $140 in 2027
Goldman Sachs raised its oil price forecasts amid mounting geopolitical risks and potential Gulf supply disruptions. The bank warned Brent crude could reach $140 per barrel in 2027 under a prolonged supply shock scenario. Shipping attacks, infrastructure damage and Middle East tensions could sustain elevated oil prices and market volatility.
With G-sec yields rising, countries have no alternative but to increase their bullion holdings
In India yield on T-year G secs has increased by 0.4 percentage points over the same period. Unfortunately, governments are confronting these higher borrowing costs precisely at a time when debt is elevated, with global public debt expected to exceed 100% of GDP by 2030, a level last reached in the immediate aftermath of WW2.
'We do it even better': Trump says US outperforms China, Russia in spy operations ahead of midterms
During a recent campaign rally in Iowa, Trump emphasized that the US also spies on China and Russia. He reassured attendees that the US performs these operations more effectively than its adversaries. This statement coincided with recent scrutiny of Chinese intelligence efforts targeting US military personnel. Two Chinese nationals had recently received prison sentences for acting as agents of the Chinese government in the US.
Commercial LPG price hiked by Rs 10; ATF rates up Rs 1.37 per litre from November 1
From November 1, the price of a 19-kg commercial LPG cylinder increased by Rs 10 to Rs 2,820. Aviation turbine fuel prices have also risen by Rs 1.37 per litre to Rs 138.50. These increases represent the fourth consecutive monthly rise in jet fuel prices, driven by international benchmarks. Commercial LPG price revisions impact hotels and restaurants, following a series of hikes earlier this year.
Who won the Canelo vs Mbilli fight? Canelo's comeback, judges' scores and what happened in Riyadh
In a spectacular return, Saul 'Canelo' Alvarez dominated the boxing ring, regaining his world title with a solid win over Christian Mbilli in Riyadh. After a year off and a tough defeat to Terence Crawford, Alvarez's comeback is nothing short of remarkable. His extraordinary technique and seasoned composure reaffirm his position among the sport's elite fighters.
G20 foreign ministers end Atlanta meeting without consensus on key issue, group photo cancelled
Top diplomats from the G20 met in Atlanta, but they could not agree on important global security issues. Tensions, particularly regarding Russia's war in Ukraine, overshadowed the talks and affected the outcomes. The meeting concluded without a joint communique, only a chairman's statement summarizing their discussions. Despite the lack of consensus, efforts were made to strengthen cooperation on supply chains and mineral resources.
G20 foreign ministers to end Atlanta meeting without consensus on key issues
Top diplomats from the G20 nations met in Atlanta, discussing critical global security issues without consensus. Significant divisions arose, particularly regarding Russia's war with Ukraine and the Iran conflict. Instead of a joint communique, a chairman's statement will summarize their discussions. Participants hoped to make the upcoming G20 leaders summit in Florida a success despite disagreements. U.S. Secretary of State Marco Rubio emphasized the need for unity during the conversations.
G20 diplomats, including from China and Russia, face deep rifts as they prepare to meet in Atlanta
Top diplomats from the G20 nations are convening in Atlanta to discuss pressing global issues. Key topics include regional conflicts and trade tensions affecting international security. U.S. Secretary of State Marco Rubio aims to facilitate cooperation among member countries. However, deep divisions are evident, especially regarding military actions and the Ukraine situation. This meeting serves as a precursor to the upcoming G20 summit hosted by President Trump.
Binance hacked? Tether, Circle freeze USD 2.38 billion, Ripple holds USD 200 million after world's largest cryptocurrency exchange probes security issue, claim reports
Binance.US, a separate cryptocurrency exchange, said it was not affected by the security incident.
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