Analysts attribute this withdrawal trend to the nervousness ahead of US presidential elections and the fact that the markets raced ahead even as the economic recovery remained fragile back home.
US President Donald Trump does not have plans to immediately concede the election to Joe Biden after his Democratic rival pulled ahead in key states that could deliver him enough electoral votes to win the race for the White House, a senior aide of the president was quoted as saying by a media report on Friday.
Television news networks, including ABC CBS and NBC all cut away from United States President Donald Trump as he spoke from the White House to make an unfounded accusation that the election was being stolen from him.
There were allegations that voters are receiving robocalls, spreading disinformation and encouraging people to stay home on Election Day.
In his first of the two election speeches on the eve of the November 3 elections, Biden asserted that he has a plan to successfully fight against COVD-19 if voted to power.
The US president hinted that he is gearing up for a legal battle post the election.
The road will be difficult but I know Joe Biden and Kamala Harris will lead us all together to a better future. I am so proud to share this historical moment with my children. And I invite all Indian Americans to join me, says Rupa Kale.
Bush, however, also said that outgoing President Donald Trump has the right to request recounts and pursue legal challenges, with any unresolved issues to be "properly adjudicated".
US President-elect Joe Biden will work towards providing a roadmap to American citizenship for nearly 11 million undocumented immigrants, including over 500,000 from India, and will also establish a minimum admission number of 95,000 refugees annually.
Major American media outlets started calling Biden the winner after it became clear that he has taken a major lead against Republican incumbent Donald Trump in the battleground State of Pennsylvania, which has 20 electoral college votes, making him cross the benchmark of the 270 electoral college votes.
Biden also announced that he will introduce his plans to contain the COVID-19 pandemic on his first day in office.
Here are some of the striking moments captured by Reuters photographers as United States voters went to the polls and the stories behind the images.
With an increasing number of people from the Indian-American community playing a significant role in US elections, Congressman Raja Krishnamoorthi said there is a realisation among them that "if you don't have a seat at the table, you're on the menu -- that is why they are voting and running for office in large numbers".
Chinese observers forecast that whether it is Trump or Biden, they are expected to follow tough and hardline policies towards Beijing as part of US efforts to contain the rise of China.
In a virtual roundtable with healthcare workers on COVID-19, Biden alleged on Wednesday that his transition team has not been receiving any cooperation from the Trump administration.
Georgia and North Carolina were the last American states to be projected in the race for the White House. Biden's victory in Georgia added 16 electoral votes to his tally, bringing him to 306 -- matching US President Trump's total against Hillary Clinton in the 2016 presidential election.
The 56-year-old Democratic Senator from California, who on Saturday became America's first female, first Black and first South Asian vice president-elect, represents a new face of political power.
His campaign has now established a "Election Defense Fund" to raise funds to fight the expensive legal battle in US courts that might end up in the US Supreme Court.
America has never in its history before had a female President and Vice President so it remains to be seen what formal title -- 'Second Gentleman, Second Husband' -- will be given to the first male spouse of an elected leader.
United States President-elect Joseph Biden has always been a strong supporter of India and India-US partnership since his days in Senate and later as a Vice-President.
India, being the world's largest democracy, is likely to play an important role in such a summit. Biden defeated incumbent President Donald Trump in the bitterly-fought presidential election that attracted a record number of Americans to cast their votes.
The US president mentioned that there was no "big blue wave" (Democrats) as pollsters had predicted, instead, there was a "big red wave" (Republicans).
The race for the White House appears to be headed towards an uncharted territory with the Trump and Biden campaigns gearing up for a protracted legal battle in the US Supreme Court as the election results in some of the key battleground states like Pennsylvania, Wisconsin and Michigan still being counted.
'Indian markets may initially react and follow the pattern of US and other global markets post US elections.'
The 77-year-old Democratic leader urged people to vote out US President Donald Trump, saying it is time for Trump to pack his bags and go home.
Biden and Harris are the leaders we need at this time to do the painful but necessary work of creating a more inclusive -- and united -- nation, points out Murali Kamma.
Leslie's granddaughter Sonia Biden Francis, a Nagpur-based psychologist, said that 'Bidens in Nagpur and everywhere' are elated with Joe Biden's victory in the US presidential election.
Alleging that the order made by the Pennsylvania Supreme Court was unconstitutional, the attorney generals said the state overstepped its constitutional authority in accepting late ballots and violated the election clauses of the Constitution and that voting by mail creates voter fraud risks.
Biden -- who bagged 253 seats as against Trump's 213 -- appeared to be nearing the magical figure of 270 of the 538 electoral college votes.
More than eight million young people who voted early or absentee in the 2020 elections.
Harris alleged that Trump lied to American people on the coronavirus pandemic.
Americans will give their final verdict, either giving incumbent Donald Trump another four years or bestowing reins to Democratic former Vice President Joe Biden.
The US is a wonderful example of how a political party with minority support can cling to power for decade, notes Devangshu Datta.
US President-elect Biden has a history of advocating on behalf of women in the US and around the world and the new team announcement is a continuation of that work.
The report said in 2016, around 58.3 million pre-election ballots were cast, including ballots in the three vote-by-mail states that year. That early vote accounted for about 42 per cent of all ballots cast in the 2016 presidential election.
'This election might be the most significant for the community and indicates the possibility of greater engagement.'
The Biden team updated its website to showcase four policy areas the incoming administration will prioritise: COVID-19, economic recovery, racial equity and climate change.
When I knocked on doors (while campaigning), Indian Americans talked more about politics in India -- and I had to tell them this was about elections in New Jersey.
'She'll probably be leading some significant portfolio from the White House, the way that Vice President Biden did in the Obama White House.'
Gopalan Balachandran recalls his eldest sister Dr Sushila Gopalan and her daughter Kamala who is now the US vice-president-elect.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances