‘No immunity if lawyer complicit in crime, or is in-house counsel’
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Indian oil refiners are halting new Russian crude orders following fresh US and EU sanctions targeting Russian energy giants. This strategic shift, driven by a need for clarity and payment facilitation, sees India increasing imports from the US and Middle Eastern nations.
US President Donald Trump claimed Pakistan, Russia, China, and North Korea are conducting nuclear tests, justifying the US's decision to resume its own after over 30 years. He stated testing is necessary to ensure the reliability of American weapons systems, citing recent trials by Russia. Energy Secretary Chris Wright later clarified that discussions involved non-critical system tests, not full nuclear explosions.
November nights are predicted to be warmer than usual across most of India, with the exception of some northwest regions. Day temperatures are expected to be normal to below normal, contributing to a pleasant month nationwide. October saw significantly higher rainfall than average, marking it as the second wettest since 2001.
India suffered a disastrous start in the second T20I against Australia at the MCG, with their top five batters dismissed for single-digit scores. A devastating spell from Josh Hazlewood, coupled with a run-out, left India reeling at 5, 2, 1, 0, and 5. The top order struggled significantly against the Australian bowling attack.
US President Donald Trump signaled an imminent trade deal with India, praising Prime Minister Narendra Modi and claiming he averted an India-Pakistan war with tariff threats. The provisional agreement reportedly lowers US tariffs on Indian exports and includes India increasing US energy imports and purchasing US corn and military hardware.
A workplace dispute over switching off lights tragically escalated into murder in Bengaluru. A 41-year-old manager was bludgeoned to death with a dumbbell by a colleague after a heated argument. The accused, a 24-year-old technical executive, surrendered to the police. Investigations into the shocking incident are ongoing.
Rohit Sharma and Virat Kohli are set to feature in the upcoming ODI series against South Africa, commencing November 30. Their stellar partnership in the third ODI against Australia, where Rohit scored a century and Kohli a fluent half-century, powered India to a commanding win. The duo expressed their fondness for playing in Australia and their enduring bond.
Stock market recommendations: Anand Rathi's Mehul Kothari recommends Tata Steel, Jai Corp, and Vadilal Industries for investment. Tata Steel shows an all-time high breakout, Jai Corp a cup-and-handle breakout, and Vadilal Industries a trend reversal from a rising trendline, all indicating strong bullish momentum.
Russian oil giant Lukoil is divesting its international operations following US sanctions imposed due to Moscow's actions in Ukraine. The sanctions, which freeze US assets and bar American firms from doing business with Lukoil and Rosneft, have prompted the company to begin selling its global assets. This move comes as peace negotiations between Russia and Ukraine remain stalled.
Amazon is reportedly gearing up for massive job cuts, potentially eliminating up to 30,000 corporate roles starting this week. This significant reduction, impacting divisions like HR, Operations, and AWS, aims to curb expenses and streamline bureaucracy under CEO Andy Jassy's efficiency drive. The move follows aggressive pandemic-era hiring and a push for employees to return to office.