Vivek Ramaswamy loses Ohio governor race to Democrat Amy Acton

Amy Acton makes history as Ohio’s first woman governor and first Democrat to win the office since 2006, defeating the Trump-backed Republican…reports Asian Lite News Desk Indian-American Republican Vivek Ramaswamy, whose family traces its roots to Kerala, has conceded defeat in the Ohio gubernatorial election, losing to Democrat Amy Acton in a major setback for President Donald Trump and Vice President JD Vance. Acton, a 60-year-old physician and former Ohio health director, made history on Tuesday by becoming the first woman elected governor of Ohio. She is also the first Democrat to win the office since 2006. Late election-night returns

Democratic midterm gains could reshape global markets

Investors assess potential changes in oil prices, tariffs, Treasury yields and technology regulation, with implications for India’s economic outlook…reports Asian Lite News Desk The US midterm election outcome could have significant implications for global financial markets, with investors closely watching its potential impact on oil prices, trade policies, government regulation and geopolitical developments. The US dollar index and Treasury yields fell sharply as markets increasingly priced in the possibility of Democrats making substantial gains in one of the country’s most closely watched

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Ambani’s Jio launches $3.2bn share sale in India

Jio Platforms, the digital and telecommunications business controlled by Mukesh Ambani’s Reliance Industries, has launched a $3.2 billion initial public offering, expected to become India’s largest share sale. The offering comes amid

Philip Morris Warns of Rising Costs From Global Conflicts

The tobacco giant beat third-quarter profit forecasts but warned that Middle East-related inflation and disruptions in Ukraine are increasing costs and could weigh on operating income, reports Asianlite News Desk. Philip Morris International has warned that global conflicts are increasingly

Showbiz

Anupam Kher announces 556th film

The veteran actor says his latest international project has reminded him that cinema transcends language and cultural differences…reports Asian Lite News Desk Veteran Indian

Nana Patekar passes away at 75

Veteran actor Nana Patekar, celebrated for his powerful performances in Hindi and Marathi cinema, has died aged 75 in Goa…reports Asian Lite News Desk

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US Bans DeepSeek from Government Systems

Washington has barred Chinese AI technology from civilian government agencies, citing wider concerns over security and competition as the US seeks to maintain its lead in artificial intelligence, reports Asianlite News Desk. The United States has ordered the removal of
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