China's electricity generation now surpasses the US by over double, signaling its economic dominance, according to economist Paul Krugman. He criticizes the Trump administration's anti-renewable energy policies, including repealed incentives and canceled grants, as detrimental to US progress and technological competitiveness against China, warning of an irreversible gap by 2028.
Related news
Gold and silver have reached unprecedented levels. Investors are flocking to safe havens amid worries about US credit and escalating US-China friction. Federal Reserve rate cut expectations are also fueling this rally. Silver has surpassed its 1980 record. Palladium and platinum have also seen significant gains this week.
Southeast Asian leaders convene in Kuala Lumpur for the 47th ASEAN Summit, marked by East Timor's historic 11th-member induction. Discussions will cover regional security, economic integration, and climate action, with key global powers in attendance. The summit also features a peace deal signing between Cambodia and Thailand, mediated by Malaysia.
A tragic bus fire in Tirupati, claiming lives, was likely exacerbated by a large consignment of 234 new smartphones. The phones' lithium-ion batteries reportedly exploded due to "thermal runaway" after the bus hit a bike, intensifying the blaze. Investigators are probing the bus operator for carrying commercial cargo, potentially turning an accident into a firestorm.
Former Tampa Bay Buccaneers star running back Doug Martin has tragically passed away at 36. The cause of death remains unconfirmed, with his family requesting privacy. Known as "Muscle Hamster," Martin was a two-time Pro Bowler whose explosive NFL career with Tampa Bay and the Raiders left a lasting impact. The NFL community mourns the loss of the respected player.
New US sanctions on major Russian oil firms Rosneft and Lukoil are likely to lead India to halt crude oil procurement from Russia, which constituted over 36% of its imports this year. Indian refiners are reviewing documentation to ensure compliance, with upcoming orders expected to shift to alternative sources.
Bollywood composer Sachin Sanghvi has been arrested following a sexual harassment complaint. A 29-year-old woman alleged assault after Sanghvi contacted her on Instagram. The musician was taken into custody but has since been released on bail. His lawyer stated the allegations are baseless. Sanghvi is known for his work with the duo Sachin-Jigar.
Bihar's ruling NDA shifts focus to consolidating its traditional vote base, significantly reducing Yadav candidates fielded by BJP and JD(U). This strategic pivot sees replacements from Kushwaha, Nishad, and Vaishya communities, signaling a move away from social engineering towards core voter mobilization.
White House press secretary Karoline Leavitt stated that India has reduced Russian oil imports at President Trump's request, with China also scaling back purchases. Trump previously claimed India would cease Russian oil imports by year-end. India, however, has denied any policy shift, prioritizing consumer interests.
Good news for bank customers! From November 1, 2025, you can nominate up to four individuals for your accounts, either simultaneously or in succession. This move by the Finance Ministry aims to streamline claim settlements across banks, offering greater flexibility and clarity for depositors and their chosen beneficiaries. Specific share allocations can also be designated.
Indian Railways is set to introduce a new feature allowing passengers to change their confirmed e-ticket journey dates without cancellation or extra charges. This initiative, expected early next year, aims to enhance passenger convenience by enabling date modifications directly through the IRCTC website or app, subject to seat availability.