SUCCESSOR
Social Security benefits cut: One move can prevent beneficiaries losing out 22 per cent, here are details
US lawmakers will need to ensure that Social Security benefits and the annual cost-of-living adjustment (CoLA) should not be curtailed.
Voters demanded economic relief. Trump and Democrats face tough choices on how to deliver
Voters have conveyed a clear message about the necessity of addressing inflation and economic issues. Both parties are preparing to respond to the economic challenges revealed by recent election outcomes. The Federal Reserve may gain independence to curtail inflation as Trump and Democrats grapple for control. Efforts to secure Social Security funding are urgent as benefits become jeopardized after 2032.
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.
COP31 a 'moment of truth': UN chief Guterres urges world leaders to act now on climate change
António Guterres has urged global leaders to take immediate action against climate change ahead of the COP31 summit. He emphasizes that responsibility should not be shifted and that everyone must commit to change now. Guterres highlights the worsening impact of climate disasters and the interplay between climate change and other global challenges. Additionally, he believes that fossil fuel companies should contribute by being taxed on their profits.
NC faces internal dissent as MLAs question Omar Abdullah's leadership
National Conference faces internal dissent with MLAs expressing concerns regarding Chief Minister Omar Abdullah's leadership style. The resignation of Aga Ruhullah as Srinagar MP has intensified these grievances among party members. Farooq Abdullah, the party president, has intervened to mediate the situation and address the dissident legislators' demands. Resentment over recent appointments, particularly that of Nasir Aslam Wani, is also contributing to the unrest.
More than family business: Drugmakers make costly, long-term strategic shifts as next generation steps into bigger roles
India's family-run pharmaceutical companies are entering a new phase as the next generation takes on larger leadership roles and steers businesses towards complex generics, peptides, biologics, contract manufacturing and advanced therapeutics. Laurus Labs, Granules India, Bharat Biotech, Sun Pharma and Torrent Pharma are investing in capabilities that require greater scientific expertise, significant capital and longer gestation periods. The key question is whether the successors can turn these long-term bets into sustainable growth and create lasting value for investors.
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Ousted Paraguayan President Santiago Pena placed under house arrest after bank collapse; Pedro Alliana sworn in as sudden successor
Santiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse of Ueno Bank, affecting nearly half of Paraguay's population. Vice President Pedro Alliana has assumed presidency amidst public outcry for accountability. Regulators seized Ueno Bank, locking depositors out of their accounts and triggering a political crisis. Lawmakers allege Pena abused his political influence regarding Ueno's operations and regulatory oversight.
Trump could woo North Korea after midterm setback, but Kim may not respond
Following an unfavorable midterm election, Trump may pivot towards foreign policy engagement with North Korea, as analysts suggest this could fortify his legacy. Nevertheless, the North seems disinclined to reciprocate Trump's overtures, and regional partners, including South Korea and Japan, are apprehensive about being excluded from talks with Kim Jong Un. The intricate dynamics of the situation are likely to hinder productive discussions moving forward.
Eisenkot clears PM mandate threshold with 67 endorsements, leaving Netanyahu's bloc at 46 seats, UTJ abstains
Gadi Eisenkot has surpassed the parliamentary threshold by gaining 67 endorsements to form Israel's government. His endorsements come after consultations with President Isaac Herzog and include support from various opposition groups. Meanwhile, Prime Minister Benjamin Netanyahu's support dwindled to 46 as his traditional ally abstained from endorsing him. The decision by United Torah Judaism highlights growing frustration over unfulfilled promises regarding military exemptions.
Democrats turn to 2028 White House race after midterm triumph, but party divided over its direction
Democrats have begun positioning for the 2028 US presidential race after sweeping midterm victories, but divisions over the party's ideological direction could complicate their path to the White House. Meanwhile, Republicans face the challenge of finding a successor to Donald Trump while retaining his influential MAGA voter base.
Speaker Johnson won't seek reelection as House Republican leader after party's midterm wipeout
US House Speaker Mike Johnson is stepping aside from Republican Party leadership after the party's defeat in the midterm elections, declining to seek support for the minority leader's post in the new Congress. His decision sets up a contest between Steve Scalise and Jim Jordan, while Democrats prepare to nominate Hakeem Jeffries as speaker.
Solo Leveling: Ragnarok Season 3 released: Chapter 69 brings Cha Haein back after years in the Land of Snowfolk; new artist takes over
Solo Leveling: Ragnarok has returned after a 10-month hiatus with the release of Chapters 69, 70 and 71, bringing back Cha Haein after years in the Land of the Snowfolk. The latest chapters show her reunion with fellow S-Rank Hunters as Sung Suho's battle against Arsha reaches a crucial stage. Season 3 also marks the debut of new artist Sanjimseung, who takes over from Jin following his departure for South Korea's mandatory military service.
Donald Trump's political humbling after US midterms signals short-term gain, long-term pain for China
Donald Trump's US midterm election defeat could strengthen China's hand in upcoming US-China trade negotiations, giving Beijing leverage to push for tariff reductions and other concessions. However, Beijing remains wary of a potentially more hawkish US administration after Trump. China's concerns include Taiwan arms sales, a possible Iran war escalation, energy security and the future of its fragile trade truce with Washington.
Trump's India envoy Sergio Gor eyed for promotion to top Washington posts, including Rubio's job: Report
After the midterms, attention in Washington DC turned toward potential administrative shifts and positions. US Ambassador to India Sergio Gor emerged as a candidate for senior roles within the administration. Despite speculation, both Gor and administration representatives have rejected these reports about his ambitions. Gor emphasized his loyalty to Secretary Marco Rubio, calling him irreplaceable and a great friend.
Democratic wave in US midterm elections weakens Trump at home, opens a new front for India-US ties in Congress
The recent US midterm elections saw the Democratic Party gain significant power in the Senate and House. This shift reflects widespread dissatisfaction with the current Republican leadership and its policies. President Trump's influence over the Republican Party may decline following this electoral outcome. Key policy decisions regarding foreign affairs, including relations with Iran, could be affected by these changes.
Equitas Small Finance Bank shares jump 9% after Balaji Nuthalapadi’s appointment as interim CEO
The bank further said that appointment of Nuthalapadi as interim CEO, consequent to the resignation of P. N. Vasudevan as the MD & CEO, shall take effect from the date of RBI approval or such other date as may be stipulated by the RBI in this regard.
Lindt investors seek board shake-up at chocolate maker after CEO ouster: Report
Influential investors of Lindt & Spruengli are calling for changes in the board following the CEO's ousting. The company faced significant pricing missteps that negatively affected the stock value and market share. Shareholders expressed concerns regarding the current board's effectiveness and the need for fresh perspectives. While the search for a new CEO is underway, governance issues persist that require attention.
‘Failed lame-duck president’: Georgia Democrat Senator Jon Ossoff blasts President Trump after winning, says ‘First light of dawn is on horizon’
Jon Ossoff has successfully retained his Senate seat in Georgia, defeating Republican Mike Collins with a commanding 59% of the vote to Collins' 40%. Ossoff took the opportunity to criticize the former president's administration while addressing pressing issues like rising living costs. This election also indicates a major shift in voter sentiment in Georgia, with Democrats projected to secure substantial control of the House of Representatives.
Is Donald Trump just a 'lame duck' president as Democrats sweep US midterm elections and take control of the House of Representatives?
With midterm election results coming out, President Trump finds himself in the challenging position of being labeled a "lame duck". Indicating a readiness to counter Democratic probes, he may unleash a more combative strategy during this period. Despite the hurdles ahead, Trump's substantial impact on foreign affairs and trade remains. His relentless ambition ensures he will stay in the spotlight, refusing to let others dominate the narrative.
Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO following PN Vasudevan's resignation
Equitas Small Finance Bank has appointed Balaji Nuthalapadi as the interim chief executive officer. This decision comes after the resignation of PN Vasudevan last week. The appointment awaits approval from the Reserve Bank of India before finalization.
US Midterm Election 2026: Georgia expects ‘quick results.’ What will we know once the voting closes?
Georgia expects to release a large batch of early votes soon after polls close.A scanner problem in Fulton County has raised questions about the count.The first numbers will offer a look at the Senate and governor’s races, but they may leave both contests unsettled.
Displeased by spotty obedience, Xi Jinping continues culling party leaders
A record number of officials have been expelled from the Chinese Communist Party during the recent plenum. Among those removed were senior military officials and party secretaries, indicating a significant ongoing purge. Xi Jinping's anti-corruption campaign remains aggressive as he attempts to assert control over the party. The plenum's focus highlights the challenges Xi faces in maintaining party governance amidst internal dissent.
From Texas to Maine, the races that could reshape America's political map
Voters across the United States are heading to the polls to determine pivotal Senate and House races. Key states such as Texas, Georgia, and Michigan are witnessing intense political battles that could reshape control. Notably, Texas features competitive contests for the Senate and gubernatorial seats that challenge Republican incumbents. In Michigan, allegations linked to a former candidate's family are intensifying the Senate race dynamics.
France braces for fresh unrest as 70,000 police deploy for Halloween protests
France plans to deploy 70,000 police officers in response to anticipated nationwide protests on Saturday. These demonstrations are fueled by public dissatisfaction with living costs and President Emmanuel Macron's government. Following recent unrest involving riots and looting, authorities aim to ensure public safety during the protests. The situation has also impacted the economy, with significant losses reported among retailers.
To boldly go where DEI has gone before: Star Trek’s enduring lesson on diversity
The passing of Star Trek legends Walter Koenig at 90 and Patrick Stewart at 86 leaves a profound mark on the franchise. Their roles exemplified diversity and inclusion, rooted in the original USS Enterprise’s multi-faceted crew that brought dynamic storytelling. Star Trek envisioned a future where talent transcends uniformity, a notion that resonates deeply in today's conversations on diversity and equity within modern workplaces.
Early voting jumps across Senate battlegrounds as millions more Americans vote ahead of Election Day
Early voting has seen a significant increase compared to the last midterm election across various states. In Texas, over 6.3 million voters participated, reflecting a 50% rise from four years ago. Competitive Senate races have contributed to enhanced turnout in other states like Maine and Michigan, which report similar increases. Nationwide, more than 43 million Americans have cast their ballots early or returned mail-in ballots.
Indian fathers in business want their Gen Z sons to take charge but won't let them sign a Rs 50,000 cheque
Financial advisor Prem Soni has identified three traps preventing Gen Z sons from leading Indian family businesses: limited financial authority, public criticism and delayed succession planning. He argues that fathers often blame their sons for lacking initiative while refusing to relinquish control. The post sparked debate over generational conflict and business succession.
Noel Tata to step down as Trent chairman after 29 years on November 11; Bahram Vakil set to succeed him
Noel Tata will step down as Trent chairman and director on November 11 after nearly three decades with the retailer, with Bahram Vakil taking over from November 12. Tata will become chairman emeritus. The board has also approved two director appointments as Trent reported a 25% rise in September-quarter net profit.
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