Usa Financial News

Subscribe to enjoy similar stories. As we embark on our journey to achieve the vision of ‘Viksit Bharat by 2047,’ there is little doubt that tax policy will play a key role in realizing it. This is not just from the perspective of funding higher levels of public expenditure that becoming a developed country will entail, but also in terms of the impact it will have on the investment and economic growth needed to help us achieve this vision.

Donald Trump's inauguration on January 20, a palpable sense of fear has gripped many Indian students studying in the United States. As word is out for tightening immigration policies, several students have chosen to quit their odd/ part-time jobs to avoid the risk of deportation, despite the financial strain it places on them, as per a report by Time of India's Amisha Rajani.

«The government knows that there is a slowdown, but still the government capex, government spending has not picked up. Now what is leading to that, why this stagnation is there, and what is their thought process it will become clear in a week when the budget comes in,» says Sandip Sabharwal, asksandipsabharwal.com. What could be interesting in this market falls could be insurance. Their numbers were not bad. I looked at HDFC Life numbers, decent. Three-four years, like you said, Kotak Mahindra Bank insurance stocks have also done nothing, nobody likes them, nobody owns them, and genuinely I see that there is a turf of growth which seems to be getting made. Sandip Sabharwal: Yes, I would agree like especially for hdfc Life the expectations were low, they reported decent numbers, stock ran up, now it has consolidated a bit. So, I think that could potentially be one stock from the insurance sector which could do well. Similarly, ICICI Lombard number on general insurance were pretty decent.

India can elevate its standing in global exports by branching out into high-tech manufacturing, which holds a lot of potential for growth. While India’s strengths have been more prominent in the traditional labour-intensive industries such as gems and jewellery, leather, and readymade garments, it is the export of high-tech products that can prove to be a real game changer for the economy.

Q3 earnings, Bharat Petroleum Corporation Ltd. (BPCL) continues to attract attention from global brokerages. CLSA has upgraded BPCL’s stock to ‘Hold’ from ‘Underperform,’ while Morgan Stanley maintains its bullish stance with an ‘Overweight’ rating. CLSA has set a target price of Rs 270 for BPCL, noting a manageable impact on the company’s gross refining margin (GRM) from U.S. sanctions on Russia. The brokerage also highlighted a 24% correction in BPCL's stock since October 2024. While CLSA has lowered its earnings estimate by 3% for FY25, the firm expects the government to largely compensate BPCL for its LPG losses in the upcoming Union Budget.

To build or not to build: that’s the question facing Canadian politicians, oil and gas experts and industry leaders when it comes to domestic pipelines, as U.S. President Donald Trump continues to tout plans for American energy independence.

Subscribe to enjoy similar stories. Days three and four of Davos were filled with more panel discussions, sessions, and conversations. In addition to Ukraine President Zelenskyy walking the Davos corridors, Day 3 was packed with several high-profile country representatives addressing the audience, including Malaysian Prime Minister M.

Bitcoin (BTC), the world’s largest cryptocurrency, and other major crypto tokens declined on Thursday, January 23, amid profit booking at higher levels and the absence of any Bitcoin-related statements from former US President Donald Trump. As of 10:18 am IST, Bitcoin was trading at $101,938, down 3.4%, after hitting an intraday low of $101,604. Ethereum declined 3.8% to $3,194. The global crypto market cap saw a decline of 3.4%, falling to $3.52 trillion.

OpenAI CEO Sam Altman on Friday posted a video showcasing the first site of the $500-billion Stargate Project in Texas, amid Elon Musk's comments about the initiative being insufficiently funded.

national cryptocurrency stockpile, making good on his promise to quickly overhaul U.S. crypto policy. The much-anticipated action also ordered that banking services for crypto companies be protected, alluding to industry claims that U.S. regulators have directed lenders to cut crypto companies off from banking services — something regulators deny. The order also banned the creation of central bank digital currencies in the U.S. which could compete with existing cryptocurrencies.

Subscribe to enjoy similar stories. Among Donald Trump’s first acts as US President was to put all government staff working on diversity, equity and inclusion (DEI) on administrative leave before shutting down federal programmes. Even before Trump put his pen to this executive order, deeming DEI “dangerous, demeaning and immoral," a bunch of CXOs had declared their disdain, terming it “racist", “anti-American" and “illegal." With brave exceptions, America Inc seems to have turned against DEI in an instant, as if earlier efforts to address the under-representation of gender, ethnic and other identities were a farce.

Narendra Modi has made a point of cultivating Indians abroad and sometimes gifts foreign leaders a bit of his star power for their own campaigns. He attended a joint rally in Texas during President Donald Trump’s first term, for example.

Donald Trump has signed an executive order to enhance America's global dominance in artificial intelligence and make it «free from ideological bias or engineered social agenda» by eliminating the Biden administration's policies in the matter. It called for departments and agencies to revise or rescind all policies, directives, regulations, orders, and other actions taken under the Biden AI executive order that are inconsistent with enhancing US leadership in artificial intelligence.

Subscribe to enjoy similar stories. New Delhi: The Indian government is preparing a new blueprint to address key issues in imports of American apples, oil, electric vehicles, satellite communications, among others, as it gears up for trade talks with the US. These discussions aim to strengthen ties with the world’s most powerful country, now guided by the 'America First' policy espoused by its new president Donald Trump.

Subscribe to enjoy similar stories. A succession of executive orders by the outgoing and the new presidents of the United States have left India’s artificial intelligence (AI) and semiconductor businesses and the nation’s policymakers worried. It only underscores the need for locally developed core technologies for economic prosperity, while relying on diplomacy to tide over the immediate risk.

President Donald Trump signed an executive order promoting digital assets and other financial technologies Thursday.

Toronto-Dominion Bank is promoting one of its top United States anti-money-laundering executives, Jacqueline Sanjuas, to a role that will see her head up financial crime risk management for the entire bank.