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PoliticsPhoto: Mint

Michael Bloomberg Donates $80 Million to Democrats Despite Concerns

Michael Bloomberg, former New York City mayor and billionaire philanthropist, has donated about $80 million to support Democrats ahead of the US midterm elections. Despite his contributions, Bloomberg remains wary of the party's leftward shift, especially on issues like Israel. He focuses on helping Democrats secure a majority in the House of Representatives, emphasizing the importance of financial resources in campaigns.

Mint·

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PoliticsPhoto: HT Education

Woman Accusing Cornell Students of Rape Criticizes President's Response

A woman accusing seven Cornell University students of rape said the university president's response made her feel disbelieved. She described in a letter that President Michael Kotlikoff questioned why she delayed reporting the assault, which left her feeling unsupported. The case has sparked student protests, scrutiny of Cornell's disciplinary system, and a state investigation into the alleged assault.

HT Education··Ithaca

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BusinessPhoto: Mint Markets

US Treasury Yields Fall as Stocks Rally Amid Fed Hike Odds Drop

US Treasury yields declined on October 20 as stocks rallied, partly due to a rebound in AI stocks. Fed rate hike odds for next week eased to 17.2%, while housing data showed a 7.3% drop in pending home sales and a decline in housing starts in September. Market sentiment reflects inflation concerns and expectations of central bank actions.

Mint Markets·

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PoliticsPhoto: The Hindu

Kerala Faces Paddy Field Conservation Challenges Amid Rainfall Deficit

Kerala is experiencing a 28% rainfall deficit this southwest monsoon, receiving 1,446.5 mm against the normal 2,018.6 mm, causing drought-like conditions in many areas. This is the seventh-lowest monsoon rainfall since 1901. Farmers in Thrissur have started transplanting paddy saplings after moderate rains. Structural changes to the Kerala Conservation of Paddy Wetlands Act (KCPWA) have weakened conservation efforts, risking biodiversity and local climate regulation.

The Hindu··Thrissur

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PoliticsPhoto: Times of India

Delhi Police Arrests Four in Tiger Shroff Firing Case

Delhi Police Special Cell arrested four suspects—Kunal, Sumit, Radha, and Babita—in connection with the shooting incident involving actor Tiger Shroff's vehicle. The suspects were handed over to Mumbai Police, who are seeking transit remand for further investigation. Earlier, three other suspects were arrested in Rajasthan and brought to Mumbai for questioning.

Times of India··Mumbai

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BusinessPhoto: Mint Companies

Sharad Mathur Appointed MD and CEO of IndusInd General Insurance

Sharad Mathur has been appointed as the Managing Director and CEO of IndusInd General Insurance Company Ltd. He brings extensive experience from senior leadership roles at Universal Sompo General Insurance, SBI General Insurance, and ICICI Lombard. Mathur is tasked with driving growth and transformation at IndusInd General Insurance.

Mint Companies·

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