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BusinessPhoto: Mint Markets

Austrian Property Funds Face Cash Rush Amid Rising Interest Rates

Rising global interest rates have triggered a surge in redemption requests at Austria's two largest retail real estate funds, managed by Bank Austria and Erste Group Bank. Both funds limited redemptions last month due to liquidity strains and plan to accelerate asset sales. This comes amid Austria's troubled property market, including the 2023 collapse of Rene Benko’s €23 billion empire and high non-performing loan ratios in commercial real estate.

Mint Markets·

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PoliticsPhoto: Hindustan Times

Indian-origin Nithya Raman's Historic Win as Los Angeles Mayor

Nithya Raman, originally from Thiruvananthapuram, Kerala, is set to become the mayor of Los Angeles. She left India at age six but remains connected to her roots. Her family in Kerala, including her paternal aunt and cousin, expressed pride in her achievement. Raman's father worked at Keltron, and her mother was a bank employee. She speaks Tamil fluently and understands Malayalam and Hindi.

Hindustan Times··Thiruvananthapuram

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EntertainmentPhoto: Amar Entertainment

Renowned Mridangam Player Sridhar Parthasarathy Passes Away

Sridhar Parthasarathy, a famous mridangam player, passed away despite hospital efforts to save him. He continued playing beyond his scheduled time at the audience's request. Fellow artists have paid tribute and remembered his contributions. Singer Shankar Mahadevan expressed his emotions, questioning the manner of his farewell.

Amar Entertainment·

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PoliticsPhoto: News18 World

US Memo Alleges Nvidia CEO Jensen Huang's Link to Chinese Spy

A US intelligence memo alleges Nvidia CEO Jensen Huang had a romantic relationship with Alice Huang, a Chinese spy recruited by Beijing's Ministry of State Security. The memo, circulated before a US-China summit, is based on intelligence reports. Alice Huang is an executive at Singapore-based Megaspeed, a Nvidia customer. The allegations arise amid US concerns over semiconductor technology transfers to China.

News18 World·

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WorldPhoto: HT World

US Warns Americans in Middle East of Houthi and Iran Threats

On November 7, US diplomatic missions issued warnings to Americans in the Middle East about potential attacks by Iranian-backed Houthi forces and reported Iranian threats targeting US officials. Alerts cover Saudi Arabia, UAE, Kuwait, Jordan, Qatar, Oman, Lebanon, Bahrain, Yemen, Iran, Jerusalem, and Iraq. Travelers are advised to stay vigilant, monitor local developments, and follow official guidance due to possible flight cancellations and travel disruptions.

HT World·

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SciencePhoto: The Hindu

Assam bans drones near Amur falcon roosting sites

On November 6, 2026, Assam government banned drone operations near Amur falcon congregation and roosting sites to protect the migratory birds. The ban targets unauthorized recreational, commercial, and non-essential drone flying, photography, and videography. Forest officials are tasked with identifying sensitive areas, monitoring, and coordinating with police for enforcement, alongside raising public awareness among tourists and content creators.

The Hindu··Guwahati

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