The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.
'The economy is clearly at a very soft spot, and earnings growth is disappointing every day.' 'After three great years, the Indian economy has hit a rough patch.'
Biden's lead has shrunk over the last few days, as Trump and his family have virtually carpet bombed the key battle ground states, including as many as 15 rallies by the president.
Foreign portfolio investors (FPIs) have net sold domestic shares worth over $10 billion so far this month amid a shift to China, which not only offers attractive valuations compared to India but has also announced several measures to support the economy and the stock market in recent weeks. If the trend doesn't reverse, this will be the first time that overseas funds will yank out more than $10 billion from Indian equity markets in a month.
Jaishankar described as a "reasonable supposition" to expect some improvement in the relations between India and China following the last round of disengagement but hesitated to say that there could be a reset of the ties.
'As far as skilled immigration is concerned, the US needs Indian skills and Indian talent, and there are no two opinions about it even among US companies.'
Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.
The trader not only predicted a Trump win but also wagered on Trump's success in both the popular vote and several key swing states.
The Center for Responsive Politics said that an 'extraordinary influx' of political donations in the final months -- driven by a Supreme Court battle and closely watched races for the White House and Senate -- pushed total spending in the election past the previously estimated 11 billion dollars figure.
The ruling Democratic Party and the opposition Republicans have deployed hundreds of attorneys and thousands of volunteers to be part of the vote-counting process and be prepared to challenge and start the legal battle if necessary.
Sunita and Butch did not indicate which presidential candidate -- either former President Donald Trump or Vice President Kamala Harris -- would get their vote.
Tesla CEO Elon Musk made a jibe at American singer songwriter Taylor Swift who threw her support behind Vice president Kamala Harris for the next President following a high stakes debate with former president Donald Trump.
'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'
'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'
'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.
Former United States President Donald Trump on Wednesday is cruising towards winning the race for the White House in one of the greatest political comebacks in American history by almost defeating his Democratic rival Kamala Harris in an election that virtually divided the country into two camps.
Former US President Donald Trump addressed his supporters on Wednesday, thanking them for giving Republicans an unprecedented and powerful mandate, and said this moment will help the country "heal".
Over 24,000 people have registered for the 'Modi & US Progress Together' event in Uniondale, New York.
Ahead of the US presidential elections this November, Vice President Kamala Harris and former President Donald Trump are set to face off in their first debate in Philadelphia, Pennsylvania, on Tuesday night ET.
'Accusations would be flung about his votes being stolen. He'll say dead people were voting from the grave.' Payal Singh Mohanka reports on the mood ahead of the US presidential election.
As the world continues to rage under the ongoing conflicts in Europe and the Middle East, the two presidential candidates in the United States, Vice President Kamala Harris and former President Donald Trump during the presidential debate hosted by ABC News on Tuesday (local time), presented their views on ending the conflict and Washington, DC's role in it.
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'
Indian-Americans can make a "significant difference" in helping first ever woman United States presidential candidate Hillary Clinton break the ultimate glass ceiling.
'We are f#^*@d' Democrats told CNN after Biden's poor performance.
The EAM when asked about his view of the world at present, said it would be "very grim forecast, for the next five years".
The Al Qaeda and Taliban are unclear whether it would be in their interest to work for the defeat of Obama by stepping up acts of terrorism, says B Raman.
The convention is set to begin on Monday and Trump is scheduled to formally accept his party's nomination and deliver remarks on Thursday night, The Hill reported.
China is likely to deploy Artificial Intelligence-generated content via social media to sway public opinion to boost its geopolitical interests during elections in countries like India, South Korea and the US, tech giant Microsoft has warned.
The White House acknowledged that Biden did not have a "great (debate) night,", but asserted that he knew how to get things done and is ready to run the country for the next four years.
Vivek Ramaswamy, who dropped out of the race to win the Republican nomination for this November's US presidential election after polling a pathetic 8% in the Iowa caucus, has already begun schmoozing the famously amenable to flattery Donald J Trump.
Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.
Joe Biden, seeking a second term in the White House, stumbled in his first televised presidential debate with his predecessor Donald Trump, setting off alarm bells among top Democrats about whether the incumbent President can stay atop in the gruelling months ahead of the elections.
The race to win the Republican nomination for the US Presidential election this November began in icy Iowa on Monday January 15, 2024, when voters picked their nominee.
Former US President Donald Trump has been indicted in an investigation into his handling of classified documents after he left the White House.
'Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth.'
In a damaging report ahead of the November 5 polls, a special United States counsel has said that President Joe Biden 'willfully' mishandled classified documents as a private citizen but concluded that it would be difficult to convict him as he comes across as an 'elderly man with a poor memory'.
Donald Trump Jr visited Pune for a business meeting with Panchshil Realty in Pune on Tuesday, December 13, 2022.
Here are some photographs of the violence.
Hours before his arraignment, former US president Donald Trump sent an email to his supporters, which he claimed was the last one before his arrest, saying that the United States is becoming a "Marxist Third World" country and went on social media questioning the fairness of the judiciary.
Morgan Stanley has upgraded China's equities amidst optimism about the country relaxing restrictions to slow down the spread of Covid-19. "Multiple positive developments alongside a clear path set towards reopening warrant an upgrade and index target increases for China," the brokerage said in a note. MSCI China's return on equity (ROE) is likely to rise from 9.4 per cent to 11.1 per cent by the end-2023.
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