For India, Donald Trump‘s return to White House isn’t just an acceptable but a desired outcome of US presidential elections, given Trump 1.0’s perceived strategic convergence of interests with India and his close rapport with Narendra Modi.Unsurprisingly, the PM was among the first heads of states to congratulate “my friend” Trump, shortly after the latter’s…
MUMBAI: RBI governor Shaktikanta Das said Oct inflation numbers would be worse than 5.49% headline in Sept. The governor also indicated that he was not in any hurry to cut rates, stating that a change in stance does not mean an immediate reduction in interest rates. According to Das, the data on economic growth was…
This is a representational image BENGALURU: In his political resurgence, Donald Trump’s second term as President would prioritise a tighter grip on immigration policies marking his return to national politics. Industry observers suggest that a potential second Trump presidency would likely have contrasting immigration policies. While taking strict measures against unauthorised border crossings, he would…
This is a representational image (Pic credit: Reuters) Bitcoin jumped to a record high, part of a wave of trades across global markets in response to Trump’s win. The largest digital asset rose as much as 9% to $75,372 as early results showed Trump barrelling towards a win. It traded at just below $74,000 as…
MUMBAI: The rupee suffered its largest decline in over four months, dropping 17 paise, or 0.2%, to close at 84.28 against the US dollar following Trump’s victory. Despite hitting a record low, the rupee performed relatively well compared to other currencies as the dollar strengthened significantly against global counterparts.Dealers said that RBI’s intervention helped limit…
MUMBAI: The return of Donald Trump to the White House could mean a mixed bag for the Indian market and the economy in the coming years.Exports from India like software services and pharma could benefit from Trump’s expected policy shift, exports of other goods could face higher tariff barriers. The Indian currency is likely to…
This is a representational image (Pic credit: Lexica) MUMBAI: A feel-good rally on the back of Donald Trump winning the US presidential election helped the sensex close above the 80K mark again on Tuesday with the index up 902 points or 1.1% at 80,378 points. Software and metal stocks led the rally that was backed…
They came from opposite worlds. He was the son of a drug-addict mother, raised by his grandmother, and grew up in a region sunk in poverty and pessimism, drug addiction and decline. She was the daughter of model Indian immigrant parents: father a mechanical engineer who went to IIT, mother a marine molecular biologist by…
Donald Trump is returning, and the US economy is in for a wild ride.Trump has promised an escalation of tariffs on all US imports and the biggest mass deportation of migrants in history. He also wants a say in Federal Reserve policy. Many economists reckon the platform adds up to higher inflation and slower growth…
Kamala Harris delivered her concession speech at Howard University following her defeat in the 2024 presidential election to Donald Trump. In her address, she expressed gratitude to her supporters and volunteers, emphasising the importance of accepting the election results while also highlighting the ongoing fight for justice and democracy.“The outcome of this election is not…
