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Tesla CEO Elon Musk may stand to gain significantly if former President Donald Trump is re-elected, according to NBC News. Musk, who has openly supported Trump’s presidential bid, could potentially play an influential role in a second Trump administration. Trump’s senior campaign adviser, Brian Hughes, mentioned that Trump envisions Musk leading a “commission” aimed at making the government more efficient and ensuring better use of taxpayer dollars.

home loan with HDFC Bank, only to have their application denied. The bank discovered that the letter of allotment was issued solely in the wife's name, leading to the refusal of their joint loan application.

TCS, Infosys, HCL Tech and LTI Mindtree rallied up to 4% each on Wednesday as the likelihood of Donald Trump winning the US Presidential election looks high. A full Trump sweep is seen as positive for equity markets globally and more so in India amid hopes of a favourable corporate tax regime alongside a low regulatory burden.

Subscribe to enjoy similar stories. NEW DELHI : With Donald Trump, the Republican nominee and former US president, leading the US presidential race, India's trade ties with the country—one of the few with which India has a merchandise trade surplus—are likely set for a paradigm shift.

Subscribe to enjoy similar stories. As US Federal Reserve officials deliberate monetary policy, they may wish to recall what happened when policymakers in past decades became overconfident in using demand management measures to ‘fine tune’ the economy. The lesson learnt is that, apart from threats of high inflation at one end and recessions or balance-sheet implosions at the other, it is better to maintain a steady policy rather than react to every data point.

Subscribe to enjoy similar stories. Hackers linked to Chinese intelligence used precision strikes to quietly compromise cellphone lines used by an array of senior national security and policy officials across the U.S. government in addition to politicians, according to people familiar with the matter.

Subscribe to enjoy similar stories. As the US presidential race reached its last laps, Donald Trump raised his pitch on women. Describing former House speaker Nancy Pelosi, he theatrically began to spell out “B...," goading the crowd to shout out the word.

Supreme Court of India on Wednesday clarified that a person holding a light motor vehicle (LMV) driving licence is also permitted to drive a transport vehicle with an unladen weight of up to 7,500 kg. This judgement, delivered by a five-judge Constitution bench headed by Chief Justice D.Y. Chandrachud, is a blow to insurance companies that had previously rejected claims in cases where accidents involved transport vehicles being driven by those who did not have a specific transport vehicle driving licence.

U.S. stock futures jumped and the dollar rose across the board, as some tallies pointed to Trump making gains over Vice President Kamala Harris in battleground states.

Hemang Jani, Independent Market Expert, says at index level, there has been an almost 10% correction, at stock level anywhere from 10% to 25-30%. A large part of that pain is behind us. It is time to start accumulating stocks, particularly the pockets where the numbers have been good, whether it is banks, defence, some of the pharma companies, telecoms, so on and so forth. We are all heaving a sigh of relief with yesterday’s rebound that we witnessed. What do you make of it? Do you think that the much overdue correction is still eluding us and is yet to come or is this going to be the course of action for the markets a couple of days on the downside and then we will bounce back? Hemang Jani: We are going through this correction for almost three to four weeks now. Of course, the earning season has been one of the main triggers, which has been a bit disappointing across sectors and within sectors also we are seeing a lot of divergence. But once this US election as an event is out of the way and once we see some clarity emerging, our markets should stabilise because a large part of the correction, which is earnings led has already been priced in because at index level we have seen almost about 10% correction, at stock level anywhere from 10% to 25-30%.

Indian American Congressman Shri Thanedar has been re-elected for a second term from Michigan's 13th Congressional District, defeating his Republican challenger, Martell Bivings, by over 35 percentage points. In a statement, Thanedar attributed his victory to his record of strong constituent services, support for working families, advocacy for unions, and commitment to reproductive freedom.

equity mutual funds have offered negative returns in October, data crunching by ETMutualFunds showed. There were around 518 equity mutual funds (including sectoral and thematic funds) in the said time period and around 490 funds posted negative returns. In other words, only 28 funds gave positive returns in October.

As of 10:00 am, December gold futures were trading at Rs 78,434 per 10 grams on the MCX, down by Rs 73, or 0.09%, from the previous session's closing price. Meanwhile, December silver futures were priced at Rs 93,490 per kg, down Rs 1,158, or 1.22%, at the same time.

FADA) said in a statement on Thursday. Led by the two wheelers which saw the sales jump 36.34% to 20,65,095 units over the year ago period, the overall retails during the month rose to 28,32,944 million units in October from 21,43,929 in the same month. The numbers, however, are not strictly comparable as unlike this year, the aforementioned festivals were spread over October and November in 2023.

Subscribe to enjoy similar stories. For 35-year-old Shrey Pacheco, a Delhi resident and media professional, one of the best gifts he has ever recieved was for his 31st birthday—a model of football club Manchester United’s legendary football stadium, Old Trafford, by Danish toymaker Lego. While it cost his wife, 36-year-old corporate professional Anisha Sharma a lofty ₹30,000, this did not deter the duo—since then, the couple has built an impressive collection of toys at their residence.