Trump defeated Democrat Kamala Harris in a stunning political comeback, Edison Research projected, telling supporters America had given him an "unprecedented and powerful mandate."
Republicans were set to hold a majority of at least 52-48 in the US Senate and had added three seats to their 220-212 House of Representatives majority, though with 51 of the 435 races yet uncalled
The price of bitcoin hit a new high on Wednesday as investors bet that former President Donald Trump's victory in the US presidential election will be a boon for cryptocurrencies. Bitcoin jumped nearly 8% to a record $75,345 in early trading, before falling back to about $73,500. Trump was previously a crypto sceptic but changed his mind and took a favourable view of cryptocurrencies ahead of the election. He pledged to make America "the crypto capital of the planet" and create a strategic reserve of bitcoin. His campaign accepted donations in cryptocurrency and he courted crypto fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies. Bitcoin is the one asset that was always going to soar if Trump returned to the White House," said Russ Mould, investment director at AJ Bell, a British online investment platform. After touching its new high, the market is now speculating about when, not if, it will
IT firms, which generate significant revenues from the US, gain the most on optimism that potential corporate tax cuts by the new President will boost revenues
Musk donated millions of dollars to Trump's campaign. Trump has said he would establish a government efficiency commission headed by Musk
In his campaign, Trump promised to wield tariffs more aggressively against US trading partners, deport millions of undocumented immigrants and extend his 2017 tax cuts
Wall Street is anticipating lower taxes, deregulation and a US president who is quick to sound off on everything from the stock market to the dollar
CEO Harald Fotland answered with a warning: "We will see more protectionism, and that might be an issue for exports out of the US."
More than 43,300 Palestinians have been killed in more than a year of war in Gaza, health authorities in the enclave say, and much of the territory has been laid to waste
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies. The US is India's largest trading partner, accounting for over USD 190 billion of annual trade. Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said that Trump may extend tariffs beyond China to include India and other countries. Trump had earlier called India a "large tariff abuser" and in October 2020 labelled India as the 'tariff king'. These remarks suggest that Trump's second term could bring tougher trade negotiations. he said. "His America First agenda would likely push for protective mea
Donald Trump has reclaimed the White House in a remarkable victory over Kamala Harris, marking a historic comeback as the 47th President of the United States.
"He's a character. He's a special guy. He's a super genius," Trump said of Musk while addressing his supporters overnight. "We have to protect our geniuses. We don't have that many of them."
Despite a lack of substantive foreign policy debate in campaign, Trump made several statements that - if turned into policy - would transform America's relationship with both allies and adversaries
US' 50th vice president will be sworn in just two years after assuming his first public office as a senator from Ohio
Unlike in 2016, when he scored a surprise electoral victory but lost the popular vote, Mr. Trump will go to Washington able to claim a broad mandate
Supporters of Donald Trump from the Indian-American community celebrated in Florida, as the Republican Party leads in the US presidential election race.
As Donald Trump inches closer to a second term as President of the United States, Prime Minister Narendra Modi extended his congratulations.
Pollster Pradeep Gupta claimed on Wednesday that his Axis My America predicted the US election results spot on while many local pollsters missed the mark. The Axis My India chief, who was considered to be the poster boy of exit polls in India, faced flak this year after his predictions for Lok Sabha polls and Haryana Assembly elections proved to be wide off the mark. Gupta said his company has a "track record" of forecasting 70 out of 76 elections correctly. "As counting enters the final lap, Axis My America's prediction of Donald Trump getting elected as the next US President is spot on for both popular vote and electoral votes. While many local pollsters missed the mark, Axis My America, which is a subsidiary of Axis My India, got it bang on," Gupta wrote in a post on X. Gupta tagged a post by him on Monday predicting Trump's victory in US polls. With results continuing to come in from various states giving a clear indication of a Trump victory, the 78-year-old Republican leader
Donald Trump has reclaimed the presidency, defeating vice president Kamala Harris to become the 47th President of the United States in a historic comeback!
Congratulating Republican Trump, Netanyahu said the former president had made "history's greatest comeback"