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BusinessPhoto: ET MarketsTesla and SpaceX lost over $120 billion in combined market value following major Democratic election victories in Texas and across the US. Investors fear that a Democrat-controlled Congress may increase regulatory scrutiny on Elon Musk's businesses, complicate a potential Tesla-SpaceX merger, and introduce new regulatory challenges.
ET Markets··Austin
PoliticsPhoto: News18 WorldUS 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·
PoliticsPhoto: The HinduCoimbatore 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
HealthPhoto: Mint CompaniesPharmaceutical 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·
EntertainmentPhoto: News18 MoviesThe 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
PoliticsPhoto: Firstpost WorldThe 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·
ET Markets··Austin
Photo: ET MarketsTesla and SpaceX lost over $120 billion in combined market value following major Democratic election victories in Texas and across the US. Investors fear that a Democrat-controlled Congress may increase regulatory scrutiny on Elon Musk's businesses, complicate a potential Tesla-SpaceX merger, and introduce new regulatory challenges.
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