WAR CRISIS
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.
‘I was just in shock': Actor Jeremy London clears air on his viral X post where he claimed he may lose his ‘job and home'; a look at his net worth
Jeremy London took to social media to dispel rumors about his job and living arrangements after a recent post generated concern. He reassured fans that he is not homeless and resides in a condo in Florida. London shared his astonishment at his boss's conduct, which spurred him to seek support. His clarification was necessary due to the media's reaction to his earlier comments about job stability.
US-Iran war: Tehran says forces 'stronger' than at beginning of war
Iran has asserted that its military has become stronger following the onset of its conflict with the United States. The United States has offered a $20 million reward for information related to Iran's nuclear programme. Both nations have engaged in dialogue to find a resolution to the ongoing crisis, which has affected their economies and military capacities.
Trump discusses West Asia de-escalation with Qatar's emir; at least 30 killed in airstrikes in Yemen
US President Trump spoke with Qatar's Emir Sheikh Tamim about reducing tensions in West Asia. They focused on Qatar's mediation efforts to achieve security and stability in the region. In Yemen, airstrikes on a market resulted in the deaths of at least 30 people amidst ongoing conflict. Meanwhile, Italy's Foreign Ministry is seeking the release of detained Italians in the West Bank.
US offers $20 mn reward for info on 'Iran's nuclear program': CENTCOM
Washington has announced a reward of up to $20 million for information regarding Iran's nuclear program and associated personnel. President Trump emphasized that Iran's military strength has been significantly weakened during the ongoing conflict. Additionally, he stated that Iran is now eager to negotiate a peace deal to end hostilities. Diplomatic efforts to prevent further fighting are being pursued by mediators.
‘Ocean freight rates will come down eventually, we have seen this before’: DP World COO
Global ocean freight rates are predicted to decrease after a surge due to logistical disruptions from the US-Iran conflict. DP World rerouted shipping routes through India to mitigate the impact on trade, showcasing the importance of Indian partnerships. Investment in Jebel Ali Free Zone increased significantly, with over 270 new Indian companies starting operations recently. Alternative routes were implemented for Indian cargo to bypass maritime bottlenecks, enhancing connectivity for trade.
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House of Trump falling? Vance, Hegseth at centre of rupture talks as Iran war backlash rages
Donald Trump’s crushing midterm defeat has exposed growing fault lines inside his administration, with the Iran war turning from a military campaign into a political liability. Vice-President JD Vance has openly blamed the conflict for the Republican loss, while Secretary of State Marco Rubio has been drawn into reports about a possible exit—claims he and the White House deny. The biggest battle is unfolding around Defence Secretary Pete Hegseth, who faces renewed impeachment calls and investigations once Democrats take control of Congress.

Mecca pact with Pakistan creates uproar in Turkey parliament: MPs ask why risking Turkish youth for foreign governments' political ambitions
Türkiye has approved a defense pact with Pakistan and Saudi Arabia that commits to mutual assistance. This agreement may lead to Turkish support if Pakistan faces conflict with India. Critics in Türkiye have expressed concerns over the implications for national security commitments. The pact includes a ten-year clause preventing member withdrawal, which raises flexibility questions. Parliamentary approval is required before sending Turkish troops, but concerns about political pressure remain.

India bonds emerge as top Asian performers as oil, Treasury yields decline
This week, Indian government bonds saw a positive trend following a Democratic win in the U.S. midterm elections. The reduction in oil prices and Treasury yields eased rupee pressure, boosting investor confidence. The benchmark bond yield improved significantly, declining by approximately 22 basis points. Furthermore, the surge in foreign investments into Indian bonds marked a notable high since July, leading to enhanced overall market sentiment.
After midterm loss, Trump is left to weigh his next move in Iran war that contributed to GOP debacle
After significant losses in the midterm elections, President Trump reevaluates his approach to the conflict with Iran. Voter dissatisfaction regarding the war emerged as a critical factor influencing election outcomes and party dynamics. Analysts suggest Trump may consider various military options, while regional officials remain concerned about escalating tensions. Despite the challenges, Trump maintains his original stance on the war's necessity and efficacy.

Trust market returns to secure oil: India owns stakes in oilfields from Russia to Abu Dhabi, but getting that crude home is another challenge
India's overseas oil investments, particularly in Russian oilfields, have not guaranteed preferential access to crude during supply disruptions such as the Strait of Hormuz crisis. The article examines how sanctions, shipping costs, insurance restrictions and commercial considerations limit the energy security benefits of equity oil, and why India needs to assess overseas investments separately from their supply security claims.

Rupee finds its footing as oil worries cool, traders watch flow momentum
The Indian rupee climbed to its highest value in two weeks, following a notable fall in oil prices. This uplifting trend was mirrored by a stark rise in Indian stock markets and a reduction in bond yields. Recently, foreign investments poured into Indian equities, showcasing hefty net purchases. Analysts emphasize that ongoing investment inflows are crucial for bolstering the rupee further, as market sentiment improves amid reduced energy cost pressures.

Iran's leaders say midterm results show US voters have rejected Trump's war
Iranians expressed defiance following the US midterm elections, celebrating the Democrats' victory over Donald Trump. Supreme leader Ayatollah Mojtaba Khamenei indicated no expectation of changes in US policy toward Iran. Politicians and officials warned of severe consequences if the US disregards the election results. Demonstrators in Tehran commemorated the 1979 US Embassy takeover, showcasing ongoing hostility. Recent military actions have intensified, raising concerns about potential renewed conflict in the region.

Iran warns of wider war if US attacks after Trump election rout
Iran's supreme leader, Mojtaba Khamenei, expressed that the Middle East conflict may escalate if US attacks continue. Trump's political defeat in the midterms may limit his military options, yet he retains authority to strike. Iran's leadership is emphasizing the outcome of the elections as a rejection of war by the American public. Diplomatic discussions are ongoing, aiming to prevent further hostilities between Iran and the US.
Iranian officials say midterm results show US voters have rejected Trump's war
Concerns about the war's effects, particularly frustration over rising prices for fuel and other goods in the U.S., helped Democrats win control of both chambers of Congress in Tuesday's vote.

Thousands mock Trump's midterm setback at Tehran rally
Thousands participated in an anti-American rally in Tehran following the recent US midterm elections. Demonstrators chanted slogans and displayed banners denouncing the US and Israel, highlighting ongoing tensions. Iranian officials connected the results of the elections with the rising cost of living and the conflict with Iran. The annual event commemorates the 1979 takeover of the US embassy in Tehran.

Iran says tankers destroyed after hitting mines in Hormuz
Amid ongoing U.S.-Iran tensions, a fiery incident involving four oil tankers took place as they struck naval mines in the Strait of Hormuz, with claims from Iran's Islamic Revolutionary Guards Corps that two other vessels were disrupted. These events follow military strikes that have deepened the impasse, with Iran asserting its control of this crucial shipping route and readiness for conflict.

Is the AI boom losing steam? Global economy faces growing risks
Global financial markets face mounting pressure from geopolitical conflicts, rising government debt and trade tensions, raising concerns about the resilience of the global economy. While the AI investment boom has driven stock markets to record highs and supported growth expectations, rising borrowing costs, inflation, weakening currencies and the prolonged Iran war threaten to undermine investor confidence and expose deeper vulnerabilities.

India weighs new oil manoeuvre as old routes get jammed
The West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from being a procurement issue to being a test of economic resilience. That has compelled the govt to rethink how it sources, transports and stores the fuel that powers its economy.

India's top gas importer sets eyes on US LNG under long-term deal with Qatar
India is seeking US liquefied natural gas through its renewed 20-year supply deal with Qatar, its biggest LNG supplier, as the Iran war disrupts shipments from the Gulf. Petronet LNG is discussing whether Qatar can source part of its contracted volumes from US facilities from 2028, helping India diversify supplies, retain its partnership with Doha and reduce future supply risks.
Global markets were already fragile. Big AI bets could break them
Investors flocked to bonds. Yields, which move inversely to price, fell from multidecade highs, with the benchmark 10-year Treasury, which guides borrowing costs globally, falling almost 20 basis points on October 22, its biggest daily fall since early 2023.

Tehran's negotiators leave Doha with no breakthrough in talks
Amid fears the conflict could reignite after Tuesday's midterm elections in the United States, China and Russia both spoke out on Monday against the possibility of renewed military action in a war that has hit the global economy.

Manipur: Thousands take part in rally in Imphal demanding lasting peace, justice for violence victims
A massive turnout in Imphal and Senapati saw thousands rallying for peace, justice, and the safe return of displaced individuals amidst the rising tensions in Manipur. The gatherings, led by various community organizations, stressed the urgent need to reassess the Suspension of Operations agreement with Kuki militant groups.

‘I will serve people till my last breath’: PM Modi responds to Kharge's remarks
During a gathering in Banaskantha, Gujarat, Prime Minister Narendra Modi spoke passionately about his commitment to serving the public. He took jabs at the Opposition for supposedly finding enjoyment in moments of national distress and causing unrest. Modi assured farmers that the government is ensuring a steady supply of fertilizers at reasonable prices, even amid global price fluctuations due to conflicts in the Gulf, promising ongoing support for their welfare.

Warren Buffett’s advice if World War 3 breaks out: Why Berkshire Hathaway's former CEO would keep buying stocks instead of holding cash
Warren Buffett has a different approach to investing if World War III breaks out. The billionaire investor said he would keep buying stocks rather than move entirely into cash, warning that money could lose value during a major war. He also identified farms and apartment buildings as assets he would consider owning.

World War III? A ship sank off Bulgaria after a drone attack. Could the Black Sea crisis pull NATO closer to war?
World War III warning: The sinking of a cargo ship off Bulgaria's Black Sea coast has raised fresh questions about how far the Russia-Ukraine war could spread. Three maritime drones struck the Liberian-flagged container ship Contship Jet on Wednesday, causing the vessel to sink, according to Bulgarian authorities. The incident took place inside Bulgaria's exclusive economic zone, close to NATO territory.

Is the world preparing for war? Why US, UK, Japan and Europe are ringing emergency alarm bells
World War 3 coming? Is the world preparing for war? The governments across the world in the US, UK, Japan and Europe are strengthening emergency preparedness amid rising geopolitical tensions, cyber threats and fears of conflict. Here's what their plans mean and whether the world is preparing for war.

'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection point
Chief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mentioned the challenges posed by global shocks and supply-side disruptions in recent years. The reliance on imported crude oil adds to India's vulnerability to fluctuating international energy prices. Strengthening resilience to external disruptions is crucial for managing such risks effectively.
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