The rupee fell 2 paise to an all-time low of 84.13 against the US dollar in early trade on Tuesday, as persistent foreign fund outflows and a muted trend in domestic equities dented investor sentiments. Forex traders said all eyes are on the US as it decides its next President. Markets are bracing for potential volatility over the coming days, especially with the Federal Reserve's monetary policy announcement also scheduled this week. At the interbank foreign exchange, the rupee opened at 84.13 against the greenback, registering a fall of 2 paise over its previous close. On Monday, the rupee fell 4 paise to settle at a record low level of 84.11 against the US dollar. The rupee closed at an all-time low on Monday and opened at a new low of 84.13 as US elections rattled stock markets amid persistent foreign fund outflows, said Anil Kumar Bhansali, Head of Treasury and Executive Director at Finrex Treasury Advisors LLP. "The Reserve Bank of India (RBI) was present to absorb the fall
The day before Election Day, 17-year-old girl Carmen Hernandez held a cardboard sign with the Puerto Rican flag outside Trump's rally in Reading, Pennsylvania, a city that is two-thirds Hispanic. What you call trash is our treasure, the sign read. While Trump's campaign had quickly distanced itself from a comic's slam on Puerto Rico as a floating island of garbage, Kamala Harris' campaign and other Democrats spent the last hours of the 2024 campaign in the nation's largest battleground state linking him to the joke. Harris devoted much of her final full day on the campaign trail to reaching Latino voters in Pennsylvania, a swing state that Democrats consider part of their blue wall in the Electoral College. She made multiple stops in what is known as the 222 Corridor, after the highway that connects small cities and towns west and north of Philadelphia. More than 315,000 people who are 18 and older identify as Puerto Ricans in Pennsylvania. And in a state where small margins could
Last month, NRF forecast holiday sales in America to grow as much as 3.5% to $989 billion from November to December, which is slowest in six years
The race between Democratic leader Kamala Harris and her Republican rival Donald Trump for the White House has been truly unprecedented as it saw drama, tragedy, political comebacks, fierce rhetoric and a historically razor-tight contest. As the fight reaches its crescendo with the big election day just a few hours away, many political observers billed the unpredictable race for the 47th President of the US as the most consequential one in decades while appearing to project a grim picture for the country's future under a Trump presidency. In her final days of campaign, Vice President Harris focused on a message of hope, unity, optimism and women rights whereas Trump remained fiercely combative in targeting his Democratic rival and even suggested that he may not accept the election outcome in case of a defeat. Overall, it has been a roller coaster ride for both 60-year-old Harris and 78-year-old Trump. Trump received his party's nomination in March and formally at the Republican ...
Over three dozen Indian Americans are running for local bodies and state legislation elections across the country reflecting the growing interest among this small ethnic community to be part of political mainstream. If you are not at the table, you are on the menu, Indian American Congressman Raja Krishnamoorthi comments at various Indian American gatherings motivating and encouraging community members to run for elections at all levels. Probably the largest number of Indian Americans running for local offices are in the state of California, which sends two members to the House of Representatives Ro Khanna and Dr Ami Bera in addition to Vice President Kamala Harris whose mother was from India. Those include Adlah Chisti who is running for County Supervisor for District 11, Aliya Chisti for City College Board San Francisco, Darshana Patel for State Assembly, Nicole Fernandez for San Mateo City Council, Nithya Raman for Los Angeles City Council, Richa Awasthi for Foster City Council
The early voting figures indicate that the ruling Democratic Party is facing a massive turnout deficit, the Trump Campaign claimed on Monday. By Monday, more than 80 million registered voters have exercised their right to franchise and in some of the key battleground states, more than 50 per cent of the electors had already voted. Early voting is considered to be advantageous to the Democratic Party given the past trend of the last two election cycles. The Trump Campaign in a confidential memo argued that that might not be the case this time. With early voting closed and election day on the horizon, Democrats are facing a massive turnout deficit. In every single battleground state, we see President Trump and Republicans outperforming elections past in absentee ballots and early votes cast. "As we dive deeper into the data, Democrats are facing a precipitous decline in urban turnout according to their own data experts' and we are tracking an uptick in rural turnout, said the ...
The Biden administration is stepping up criticism of Israel for not doing enough to improve humanitarian conditions in Gaza as a 30-day deadline looms for Israeli officials to meet certain requirements or risk potential restrictions on military assistance. The administration also is condemning recent violence against Palestinians in the West Bank by extremist Jewish settlers and says those responsible must be held to account. State Department spokesman Matthew Miller on Monday gave Israel a fail grade in terms of meeting the conditions for an improvement in aid deliveries to Gaza laid out in a letter last month to senior Israeli officials by Secretary of State Antony Blinken and Defence Secretary Lloyd Austin. He said there were still roughly nine days until the deadline expires, but that limited progress thus far has been insufficient. As of today, the situation has not significantly turned around, Miller told reporters. We have seen an increase in some measurements. But if you lo
Expressing confidence in Democratic candidate Kamala Harris, Biden said that she will defeat her Republican rival and former President Donald Trump
In the upcoming US presidential election, the issue of abortion rights is emerging as a significant factor that is influencing Indian American women's voting preferences. This demographic group, which is a part of the second-largest immigrant community in the United States, is showing a strong inclination towards supporting candidates who advocate for reproductive rights. Meeta Damani, an Indian American documentary filmmaker living in the New Jersey area, has been working in the community with a particular focus on women and children. It is a crucial issue for both men and women in the Indian American community as well. It is interconnected like if there is a woman and the child is going to be born unhealthy, that is going to affect the entire family. At the end of the day, it is about freedom and one's choice. I feel the women voters will make their voice very clear, she said. Looking at the clarity of thought on this subject among Indian American women, it is not a surprise that
While the market closely eyes the US presidential elections, corporate earnings and macroeconomic data will also be on radar
In the US, the winner is decided by the Electoral College. The Electoral College is an intermediary body that chooses the US President
The final New York Times/Siena poll shows Democratic Vice-President Kamala Harris leading by a very small margin or tied with Republican former President Donald Trump in all the swing states
In October, the equity market witnessed a sharp fall amid record selling of close to Rs 1 trillion by foreign portfolio investors (FPIs)
With the US presidential election just a day away, the race between Democratic candidate Kamala Harris and Republican candidate Donald Trump is a nail-biter now.
While there is no clear favourite to win, there are several critical factors that will driving voters' decisions on Election Day
Kamala Harris is facing her Republican rival Donald Trump in the key US election battle, in which the former US president seeks to avenge his humiliating defeat in 2020
Presidents whose parties have not controlled both chambers have struggled to pass major legislation over the past decade
US elections: The contest has tightened as both candidates criss-cross critical battleground states, including Arizona, Georgia, and Pennsylvania, with early voting underway
The electoral battle between Vice President Kamala Harris and former president Donald Trump appears to have gone to the wire, according to latest opinion polls. Harris, 60, is the nominee of the Democratic Party and Trump, 78, is the Republican nominee. Their party members and support bases are united with their respective parties, and independent votes might decide who would be the next occupant of the White House. To win the elections, a candidates needs 270 of the electoral college votes. Latest opinion polls indicate that the elections will be decided by the results in seven battle ground states of Arizona, Nevada, Wisconsin, Michigan, Pennsylvania, North Carolina and Georgia. Of these, Michigan and Pennsylvania play key role to them reaching the 270-mark. The presidential race appears to be hurtling toward a photo finish, with the final set of polls by The New York Times and Siena College finding Harris gaining new strength in North Carolina and Georgia even as Trump erases he
Kamala Harris and Donald Trump are separated by the narrowest of margins in polls