Page 5 - Us Elections

Lower import tariffs to diversify IT exports: 6 steps to navigate Trump 2.0

India must avoid being caught off guard on trade, tariffs, outsourcing, and data policies, and engage with the US as an equal partner

Premature to link market trends to US election: Nageswaran at BFSI Summit

Chief Economic Adviser to the Govt of India, V Anantha Nageswaran, shares thoughts on market trends and growth at the Business Standard BFSI Insight Summit

Donald Trump picks Susie Wiles as chief of staff: What is the role about?

Trump's chief of staff pick, Susie Wiles, will oversee White House strategy, coordination, and policy decisions

On Jan 20, we will have peaceful transfer of power, says US Prez Biden

The remarks by Biden came as he addressed the country to discuss the election results and the transition

Stocks, bonds, gold, debt: How Trump win will impact various asset classes

US election results: A Trump sweep is positive for equities and reinforces Julius Baer's long-standing preference of US equities over Europe

US elections 2024 highlights: In a democracy will of the people always prevails, says Biden

US elections 2024 updates: Catch all the LIVE updates here as Donald Trump is all set to comeback as the 47th US President

India celebrates expression of people's mandate in US: MEA's Jaiswal

With the result of the closely fought presidential election in the United States declared, India on Thursday said it celebrates the expression of people's mandate there and wants to further strengthen the partnership. MEA spokesperson Randhir Jaiswal said this in response to a question at a media briefing here a day after Donald Trump registered a remarkable political comeback to win a second term at the Oval Office. India celebrates this expression of people's mandate in the US, Jaiswal said. "We want to further strengthen our partnership." Prime Minister Narendra Modi and US President-elect Donald Trump in a telephonic conversation on Wednesday "reaffirmed their commitment" to working together to further strengthen bilateral ties across a range of sectors, the MEA said earlier in the day. In a statement on the phone conversation, the Ministry of External Affairs (MEA) said the prime minister highlighted that the US leader's "spectacular and resounding victory" in the election ...

Joe Biden gets blamed by Harris allies for vice president's resounding loss

Joe Biden gets blamed by Harris allies for vice president's resounding loss

US Fed set to cut interest rates again as post-election uncertainty grows

Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trump's presidential election victory. Yet the Fed's future moves are now more uncertain in the aftermath of the election, given that Trump's economic proposals have been widely flagged as potentially inflationary. His election has also raised the specter of meddling by the White House in the Fed's policy decisions, with Trump having proclaimed that as president he should have a voice in the central bank's interest rate decisions. The Fed has long guarded its status as an independent institution able to make difficult decisions about borrowing rates, free from political interference. Yet during his previous term in the White House, Trump publicly attacked Chair Jerome Powell after the Fed raised rates to fight inflation, and he may do so again. The economy is al

Here's what Trump's victory means for Ukraine, Middle East, and China

On the war in Ukraine, Trump is likely to try to force Kyiv and Moscow into at least a ceasefire along the current front lines

Indians highlight Usha Vance's south Asian roots after Harris loses polls

Usha Chilukuri Vance is the wife of JD Vance, running mate of Donald Trump, who won a second term in Tuesday's US presidential election

Xi congratulates Trump; says China, US must find ways to manage differences

Chinese President Xi Jinping on Thursday congratulated President-elect Donald Trump on his election victory and called for China and the US to find the right way to manage the differences by strengthening dialogue and communication. Trump won the US presidential election for a second term on Wednesday in one of the most remarkable comebacks in American electoral history. Xi, in his congratulatory message to Trump, called for the two countries to strengthen dialogue and communication, properly manage differences and expand mutually beneficial cooperation, official media reports here said. I urge China and the US to expand mutually beneficial cooperation," Xi said. I call for the right way for China, and the US to get along in the new era, he said, adding that both the countries, the top two economies of the world, should strengthen dialogue and communication. As the results of the US presidential elections poured in on Wednesday pointing to a sweeping victory for Trump, who pursued

US tech giants brace for AI revamp, antitrust pullback in Trump 2.0

On artificial intelligence, Trump has vowed to rip up an executive order from President Joe Biden aimed at putting safety guardrails on the emerging technology

Usha Vance's grandaunt in India expresses happiness after US Elections

She suggested two areas for Usha Vance to focus upon, the first being to help India in a way that intelligence is retained in the country, second was to promote the revival of Sanskrit in India

Here's why Harris' defeat keeps 248-year barrier for American women intact

The result means that 248 years into its history as an independent nation, the US has only elected male heads of state, upholding a barrier that has been demolished from Mexico to Italy

Indian-Americans laud Trump's victory; show optimism for peace, economy

Avinash Gupta, President of the Foreign Indian Association, believes Trump's good rapport with Prime Minister Narendra Modi will strengthen India-US relations

US elections: Trump's ability to move past legal woes faces New York test

Trump's lawyers are expected to move to call off his sentencing in the so-called hush-money case, set for Nov. 26, and toss out the verdict now that he is president-elect

Trump Media short sellers hammered by a $420 million loss, says S3

Trump Media & Technology Group operates Truth Social, a social media site and streaming service. Trump himself is the company's biggest shareholder

Harris stepped up in difficult situation, led historic campaign: Joe Biden

President Joe Biden on Wednesday applauded Vice President Kamala Harris for leading a historic campaign under extraordinary circumstances. What America saw today was the Kamala Harris I know and deeply admire. She's been a tremendous partner and public servant full of integrity, courage, and character, Biden said in a statement. Under extraordinary circumstances, she stepped up and led a historic campaign that embodied what's possible when guided by a strong moral compass and a clear vision for a nation that is more free, more just, and full of more opportunities for all Americans, he said. As I've said before, selecting Kamala was the very first decision I made when I became the nominee for president in 2020. It was the best decision I made. Her story represents the best of America's story. And as she made clear today, I have no doubt that she'll continue writing that story, he said. She will continue the fight with purpose, determination, and joy. She will continue to be a champi

Trump Media gains, even as Truth Social parent reports $19 mn loss

The parent company of Donald Trump's social networking site Truth Social lost USD 19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidency. Trump Media and Technology Group reported late Tuesday that much of that loss stemmed from more than USD 12 million in legal fees, along with a decline in revenue, according to the surprise Election Day earnings report. Its stock price surged Wednesday but that was more likely due to Trump's defeat of Vice President Kamala Harris to retake the presidency than on its profit prospects. Trump created the company after he was banned from Twitter and Facebook following the January 6, 2021, Capitol riot. Revenue for the three-month period that ended on September 30 was just over USD 1 million, down nearly 6 per cent from a year earlier. Trump Media, based in Sarasota, Florida, has lost more than USD 363 million so far this year. Trump Media said some of its costs related to the launch of i