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BusinessPhoto: Mint Markets

China Scrambles to Contain Stock Market Rout with State Support

China is attempting to control a severe stock market decline just two years after a previous rescue. The People’s Bank of China is providing low-cost funding for corporate share buybacks and liquidity to institutional investors. The 'national team' has increased intervention, and regulators are informally instructing investors not to sell. The CSI 300 Index entered a bear market, and the Star 50 Index dropped up to 48%. Hedge fund Shiva Capital blames insurers for selling tech stocks after a July peak.

Mint Markets·

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PoliticsPhoto: News18 World

Trump Considers Firing Defence Secretary Pete Hegseth After Midterm Loss

US President Donald Trump is reportedly considering removing Defence Secretary Pete Hegseth following the Republicans' heavy losses in the midterm elections. Trump has consulted close advisers about Hegseth's performance and whether he should remain in his post. Some advisers suggest Hegseth could be blamed for the defeat, but no final decision has been made yet.

News18 World·

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PoliticsPhoto: The Hindu

Stalin Accuses TVK Government of Corporate Control and Astrologer Influence

Coimbatore DMK president M.K. Stalin accused the TVK-led government of being controlled by corporate power centres, claiming Chief Minister C. Joseph Vijay is used to run the administration. Speaking at a Dravidar Kazhagam event, Stalin said the government had become a "circus" with corporate interests pulling strings. He also alleged astrologers influenced decisions, including event dates and the Chief Minister’s attire, and criticized the government for failing to resolve ongoing power cuts.

The Hindu··Coimbatore

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HealthPhoto: Mint Companies

Pharma Firms Explore Space to Manufacture Advanced Cancer Drugs

Pharmaceutical companies like Varda and BioOrbit are investigating space-based manufacturing to grow drug crystals in microgravity. This approach aims to improve cancer drug formulations by leveraging the unique conditions in orbit. These companies are testing whether orbiting laboratories can produce next-generation medicines that are commercially viable, potentially revolutionizing drug development.

Mint Companies·

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EntertainmentPhoto: News18 Movies

Ramayana Review Praised; Abhijeet Bhattacharya Comments on Daler Mehndi Controversy

The first review of Nitesh Tiwari’s Ramayana praises its visuals, action, and performances, calling it a potential historic blockbuster ahead of its November 5, 2026 release. Abhijeet Bhattacharya supported a minister's questioning of Daler Mehndi over a controversy in Uttarakhand, emphasizing he never lip-syncs live. Mumbai Police arrested a person sending threats to Bollywood celebrities including Ayushmann Khurrana and Tusshar Kapoor.

News18 Movies··Mumbai

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PoliticsPhoto: Firstpost World

US Midterm Results Could Reshape Washington’s Iran and Trade Policies

The Democrats’ gains in the US midterm elections are influencing global expectations about Washington’s policies on Iran, Israel, Ukraine, trade, and technology. The election outcome may reduce the likelihood of a US military escalation against Iran, as Gulf governments see a greater incentive for peace talks. However, Tehran might also interpret the results as a sign of US weakness, potentially escalating tensions. Democratic control of Congress could lead to increased scrutiny of Israel’s military actions.

Firstpost World·

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