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BusinessPhoto: TOI BusinessFollowing the midterm election results projecting Democratic wins in both the House and Senate, markets reacted by lowering expectations of a deficit-expanding agenda. The 10-year Treasury yield dropped six basis points to 4.90%, the dollar weakened by up to 0.4%, its largest decline in two months, and gold prices rose by 0.9% to exceed $3,960.
TOI Business·
EntertainmentPhoto: TOI EntertainmentNitesh Tiwari's adaptation of the Ramayana is scheduled for theatrical release on November 5, 2026. The film, featuring Ranbir Kapoor, Sai Pallavi, and Yash, has generated excitement with advance bookings nearing Rs 100 crore. With a high budget of around Rs 4,000 crore, it has strong international demand, including pre-sales in North America, Australia, and the UK.
TOI Entertainment·
BusinessPhoto: Firstpost WorldTesla and SpaceX shares declined following early indications that Democrats are gaining control of both chambers of Congress in the midterm elections. Elon Musk's $474 million support for Republican candidates faced setbacks after Democratic wins in Texas and other important states, increasing political risks for his companies.
Firstpost World·
PoliticsPhoto: News18 WorldElon Musk humorously commented on the defeat of Republican Ken Paxton in Texas midterm elections, where Democrat James Talarico won the state's most expensive Senate race. Talarico, the first Democrat to win a statewide Texas election in over 30 years, focused his campaign on Paxton's alleged corruption. Democrats also gained control of both houses of Congress, dealing a blow to President Trump's party.
News18 World··Texas
PoliticsPhoto: News18 WorldFormer US President Barack Obama said the midterm election results demonstrated that Americans desire a political culture focused on unity and practical solutions rather than division. Following the Democrats' historic victory and control of Congress, Obama noted voters sent a clear message for leaders who unite people and address challenges with concrete solutions. He praised diverse candidates nationwide who shared values and public service commitment.
News18 World·
TechnologyPhoto: Times of IndiaOpenAI CEO Sam Altman emphasized that humans must remain in control of the future despite potential slowdowns in AI development. On X, he warned against ceding control to superintelligent AI or allowing humans to be limited to tasks AI rewards. His comments followed his statement in Abu Dhabi that AI now surpasses most top scientists and his call for limits on single AI models.
Times of India·
TOI Business·
Photo: TOI BusinessFollowing the midterm election results projecting Democratic wins in both the House and Senate, markets reacted by lowering expectations of a deficit-expanding agenda. The 10-year Treasury yield dropped six basis points to 4.90%, the dollar weakened by up to 0.4%, its largest decline in two months, and gold prices rose by 0.9% to exceed $3,960.
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