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BusinessAmazon is building its largest data center near Thane, close to Mumbai. Residents who bought homes in the area are protesting, saying the project has destroyed the surrounding greenery. They complain that the land now looks barren and fear the data center will cause disruptions to their local facilities and living conditions.
News18Hi Business··Thane
PoliticsThe Indian Ministry of External Affairs addressed several key issues including maritime security, H-1B visa policies, and concerns related to Indian professionals abroad. The ministry responded to JD Vance's comments, calling them inappropriate, and discussed India's position on matters involving Liberia, Saudi Arabia, UNMOGIP, and IMEC updates.
Amar Ujala·
PoliticsTamilaga Vettri Kazhagam (TVK) candidates P Sathyabama and K Maragatham Kumaravel won the Dharapuram and Madurantakam Assembly bye-elections held on October 6, with results announced on October 9. These wins strengthen Chief Minister Vijay's position as his TVK-led government lacks a majority in the Tamil Nadu Assembly. Both candidates had switched from AIADMK to TVK and resigned to contest the bye-elections. Maragatham defeated DMK's Paranthamen by over 17,500 votes, and Sathyabama beat DMK's Suganya by nearly 10,000 votes.
The News Minute·
BusinessAs 10-year Treasury yields reach multidecade highs, investors are shifting to 2-year Treasurys, Treasury Inflation-Protected Securities, and target-maturity bond funds to add fixed income. Bonds provide income, safety, and diversification but carry risks like credit risk. Novices often chase high yields without understanding that lower credit quality issuers offer higher rates due to default risk, as explained by financial planner James Mayo.
HT Business··Lakewood
PoliticsChina possesses modern fighter jets, deadly missiles, and a vast navy, but RAND's report highlights challenges in the PLA's training, commanders' decision-making abilities, and combat experience. These weaknesses raise questions about China's readiness to win a real war despite its military strength.
News18 Hindi·
PoliticsIn Kerala, CPI(M) has accused the Congress of manipulating the Special Intensive Revision (SIR) of electoral rolls, following statements by Cockroach Janata Party leader Abhijeet Dipke linking the SIR issues to the fall of the Pinarayi Vijayan government. CPI(M) cites the appointment of former chief electoral officer Rathan Kelkar by Congress leader V D Satheesan as evidence of bias favoring the United Democratic Front. Protests and allegations of voter removal and bogus additions have been raised by CPI(M) youth groups.
Deccan Herald··Thiruvananthapuram
News18Hi Business··Thane
Amazon is building its largest data center near Thane, close to Mumbai. Residents who bought homes in the area are protesting, saying the project has destroyed the surrounding greenery. They complain that the land now looks barren and fear the data center will cause disruptions to their local facilities and living conditions.
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