Republicans faced losses in recent elections. Former President Donald Trump attributed these defeats to his own absence from the ballot and a government shutdown. Democrats secured victories in significant races, including the New York City mayoral election and governorships in New Jersey and Virginia. Trump also called for electoral reforms, advocating for voter ID and an end to mail-in ballots.
As state lawmakers raced to pass a $1.5 billion plan to overhaul regional mass transportation, Mayor Brandon Johnson's office lost control over the CTA board.
Voters sent a strong message to President Donald Trump regarding economic concerns. Democrats secured key victories by highlighting affordability issues. Trump acknowledged the results, stating "We learned a lot." Vice President JD Vance echoed this sentiment, emphasizing the goal of making life affordable.
Indian stock markets are poised for continued optimism, with analysts anticipating new record highs for Nifty and Sensex by year-end, contingent on supportive global cues and domestic earnings. October saw a significant rally driven by strong corporate results, FII inflows, and easing global yields, though some consolidation is expected due to higher valuations.
Saregama, a part of RPSG Group, saw a slight dip in its September quarter performance. Net profit fell 2% year-on-year to Rs 44 crore. Revenue from operations also declined 5% to Rs 230 crore. The company declared an interim dividend of Rs 4.50 per share. Saregama expanded its music portfolio and saw growth in its live events business.
