US TRADE DEADLINE
Democratic victory in midterm elections adds a new twist to stock markets' Iran war, AI, and debt worries
Investors are watching the implications of the recent Democratic win in the US midterm elections. Geopolitical tensions, particularly the Iran war, continue to elevate oil prices and market risks. Regulatory scrutiny on the rapidly growing AI sector is expected following the election outcomes. Market volatility is anticipated to persist due to fiscal policy debates and increasing debt concerns. The market response so far has shown modest gains despite heightened uncertainties.
US Democratic win unlikely to ease firms' cost, tariff woes in near term, executives say
Global businesses expect limited immediate changes following Democrats' takeover of the US Congress, as high energy and raw material costs, inflation and strained consumer spending continue to weigh on operations. While some executives welcomed prospects of political stability, companies remain uncertain about tariffs, AI regulation and trade policies, amid fears of Washington gridlock.
US midterm election results: What happens next as Democrats take over of Congress
With Democrats now in control of both chambers of Congress, they are gearing up for a strategic offensive against Donald Trump. Their newfound Senate majority gives them the power to challenge Trump's nominees and shape important legislation, promising a dynamic political landscape ahead.
China tape maker stock debut: Chinese firm that deals with Apple, Tesla, BYD saw stock price surges 787 per cent after IPO, makes former school teacher, sister billionaires
Crown New Materials Technology is provider of adhesive materials to Apple, Tesla, BYD. During the first day's trading, Crown New Materials Technology made an astronomical gains of 787 per cent.
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears
Businesses are divided over whether Washington should propose new tariffs on Vietnamese goods this month, with Tesla and Samsung not in favour, while others have called for penalties, submissions to the US government show.
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears
A trade investigation into Vietnam's intellectual property practices is nearing a conclusion with a November 29 deadline. Various industries have conflicting views on whether new tariffs should be imposed on Vietnamese goods. Tesla and Samsung are against additional tariffs, while steel and wood sectors advocate for penalties. Vietnam has faced escalating exports to the US, surpassing its previous trade standings.
- Go To Page 1
Trump discusses Iran with Netanyahu as US weighs fresh strikes: Report
In a recent discussion, US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu reviewed the evolving situation with Iran, considering various military strategies. Secretary of State Marco Rubio acknowledged ongoing diplomatic engagement with Iran, highlighting the goal of achieving a peaceful resolution while protecting US security. In contrast, Iranian Supreme Leader Mojtaba Khamenei has issued stern warnings, asserting military repercussions for any provocation from the US or Israel.
Global oil sanctions and chokepoints a means to hold prices hostage: Jaishankar
Addressing the G20 foreign ministers' meeting in Atlanta on Friday (US time), he said the world was facing an energy crisis driven not by a lack of production but by unpredictability, supply disruptions, unaffordable costs and difficulties in access.
US Treasury predictions: Will 2-year, 10-year, 30-year bonds hit historic highs soon? Details here
US benchmark 10-year yield last Thursday had its biggest one-day drop in nearly four years as stocks dropped. It was up slightly on Tuesday but below the 5 per cent mark.
OMCs back interim LPG distributors' commission hike; ministry approval awaited: AIHPGDA
In a communication dated October 22, AIHPGDA President Rajendra B said the assurance came during a bipartite meeting held on October 21 at IOCL's head office in Mumbai, attended by marketing directors, executive directors and senior officials of the three OMCs, along with representatives of LPG distributor associations.
Could a global food crisis take a big bite out of your plate? What the warnings mean for Americans
International leaders are warning of a possible global food crisis. Could American households feel the impact at the grocery store? May, 2026 JP Morgan report quotes: 'Fertilizer shortages can hurt harvests because the timing is unforgiving. A brewing El Niño could layer on additional seasonal climate and weather stress, shifting rainfall and temperature patterns, and bringing weather extremes.'
Warren Buffett on bearish markets: One habit decides whether you come out richer or poorer
He put the four worst collapses in his own share price into a table, with the dates and the drops. Nearly 60% once, around half three more times, all of it inside the best long-run record anybody has produced in public markets. He did not print it to confess. He printed it to make one argument, and it is the argument most investors hear only after the damage is done. Then he turns the same idea upside down.
From Rome to Washington, why governments are pulling DeepSeek off official systems
At least eight governments, now including the US, have restricted the Chinese AI company's products. Most cite the same concern – user data stored in China, where the law gives the state wide powers to access it.
Horoscope Tomorrow, October 20, 2026: Dussehra Brings a Moment to Rethink Money, Career Priorities and Relationships for All 12 Zodiac Signs
Horoscope tomorrow, October 20, 2026, brings attention to career growth, financial discipline, emotional honesty and long-term security. With the Moon continuing its transit through Capricorn, practical decisions may take priority over impulsive reactions. Aries may need to balance professional ambition with personal relationships, while Gemini protects shared finances. As India celebrates Dussehra, all zodiac signs can use the day to reassess priorities, resolve lingering concerns and move with greater clarity.
FIEO chief seeks govt support for in-house testing facilities at export units
. This proactive approach is designed to enhance operational efficiency and ensure adherence to international quality benchmarks. Exporters currently struggle with exorbitant testing costs and shipment delays stemming from dependence on external facilities.
Trump's waiver of Graham law curbs comes as a relief to India, other Russian energy buyers
Trump’s waiver of Graham bill provisions could leave US navigating competing priorities: sustaining pressure on Moscow, containing domestic fuel costs and avoiding unnecessary trade disputes with major energy buyers. For India, the suspension offers immediate relief from a potentially damaging tariff escalation, but similar future threats have not disappeared.
The $50-billion question: Who gets what as India and Canada aim to strike a trade deal?
India and Canada are currently negotiating a free trade agreement designed to enhance bilateral trade significantly. Nearly 300 Canadian business delegates are visiting India to advance these discussions. Both countries aim to increase two-way trade to $50 billion by 2030. Key focus areas include energy, critical minerals, and agriculture, alongside demands for improved market access. The negotiations have resumed after a brief pause, with optimism surrounding the outcome before December.
Global Market: China's wealthy rush to unwind offshore trusts as tax deadline looms
China’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas trust income. With an October 22 declaration deadline approaching, uncertainty over enforcement and liabilities is prompting asset sales, borrowing and delayed investments as Beijing tightens scrutiny of offshore wealth.
D-Street poised for positive start as GIFT Nifty signals gains
Benchmark Nifty encountered a decline of 0.7% on Monday, driven by growing geopolitical tensions. Market analysts foresee a cautious atmosphere in India, primarily due to volatile crude oil prices and the crisis in West Asia. Foreign portfolio investors exited the market, selling shares worth Rs 1,708 crore, whereas domestic institutional investors invested Rs 3,045 crore. The rupee's strength increased by 96 paise, marking its largest gain in six months.
Rupee jumps 1% as RBI curbs dollar demand
The rupee rallied nearly 100 paise or 1% to 95.77 against the US dollar on Monday, bouncing back from a near all-time low after the RBI clamped down on speculative currency trading. Rupee opened the day at 95.76 per dollar against previous close of 96.73 and appreciated to 95.5850 during the day.
Australia’s NSW proposes new migration pathway for regional workers; Indians may benefit
New South Wales is consulting on a proposed state-led Designated Area Migration Agreement (DAMA) that could expand employer-sponsored migration opportunities in regional Australia. The proposal covers occupations including nursing, aged care, hospitality, construction and skilled trades, with potential age and salary concessions and a pathway to permanent residency for eligible workers.
Trump has learnt his India lesson the hard way. Will he own up?
Donald Trump, who imposed an additional 25% tariff on Indian imports to pressure New Delhi to stop buying Russian oil, has agreed to bring Russian diesel into global markets as US fuel prices rise ahead of the November 3 midterm elections.
EU and China strike interim trade deal that could cut Chinese hybrid exports
China and the European Union have agreed on a preliminary trade deal to address trade imbalances. This deal includes reduced tariffs on certain European goods and measures for reliable rare earth supply chains. The EU trade commissioner noted that this agreement could significantly decrease Chinese electric vehicle imports. Both sides aim to resolve the underlying factors contributing to China's substantial trade surplus with the EU.
US has India as an ally and a target of investigation in the same manufacturing fight
India has aligned itself with a US-led initiative aimed at mitigating global manufacturing overcapacity, joining 15 nations in this cooperative effort. This initiative raises questions about the future of India’s expanding manufacturing sectors, particularly in solar modules and steel. Meanwhile, a US investigation continues, with conclusions anticipated by March 2027, further complicating the landscape for India’s domestic manufacturing ambitions and regulatory legitimacy.
What's happening with Britain's Jerusalem consulate?
Britain has decided to keep its nearly 200-year-old consulate in Jerusalem open under the new name UK Mission. This decision comes after Israel ordered the consulate's closure following Britain's announcement of sanctions on settlement goods. The consulate, established during the Ottoman Empire, mainly serves Palestinians in Jerusalem, the West Bank, and Gaza. Jerusalem’s status remains contested internationally, with East Jerusalem considered occupied.
Startup of the Year Groww bets on scale; Qcomm sparks festive credit surge
Happy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and more in today’s ETtech Morning Dispatch.
Will US stock market face a major shift? Michael Burry warns of 270 days and Ray Dalio says AI bubble is near bursting - what investors need to know
U.S. stocks fell after the S&P 500 and Nasdaq hit fresh highs. Michael Burry pointed to a six-to-nine-month “denial” phase, while Ray Dalio called the AI boom a “classic bubble” nearing a possible breaking point. Here’s what their warnings mean and what investors need to know.
India and US trade deal still has a few stubborn cards to play: Fitch unit
Negotiations between India and the US have encountered significant sticking points affecting market access and agriculture. US Trade Representative Jamieson Greer noted the identification of all key issues during talks. Finance Minister Nirmala Sitharaman mentioned that negotiations have reached a plateau with limited opportunities for further concessions. India is advocating for more preferential access for its exports. Meanwhile, Washington seeks increased access to the Indian market, especially in agricultural sectors.
Trump forms 'Super Intelligence Force' to cement US dominance in next-gen AI
In a post on Truth Social, Trump wrote, "Following the Historic White House Accord on Super Intelligence, where the World's most important Technology Companies came together, and confirmed their responsibilities to the American People, I am announcing the formation of the Super Intelligence Force (SIF)."
Load More
