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04.11 / 01:17
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Indian crypto exchanges’ futures trade with foreign peers may test FEMA limits
Mumbai: As Bitcoin surged toward $70,000 and Wall Street went long on Donald Trump, Indian crypto exchanges tapped offshore bourses for crypto futures trade which is catching on, while many HNIs reportedly made misleading declarations to banks to show their foreign crypto holdings as ‘security’ investments. Local bourses as well as these HNIs believe their trades are kosher — drawing comfort from the fact that the foreign exchanges they are dealing with are registered with Financial Intelligence Unit (FIU). However, they may be unwittingly walking through a minefield of rules on the Foreign Exchange Management Act.
03.11 / 23:47
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US election 2024 result date and time: Will it take weeks to announce winner between Donald Trump and Kamala Harris?
US election 2024 results on Tuesday night (November 5) may not know the outcome unless Democratic nominee Kamala Harris or Republican candidate Donald Trump scores a significant victory in most states, especially the so-called swing states. If there are no blow-out margins of victory and the election numbers follow the polls all of which give leads within the margin of error — with crucial swing state Pennsylvania’s as narrow as 0.4 per cent for Trump — it may take days or even weeks to sort out the contested results with recounts, as per an IANS report. Traditionally, the candidate losing the election concedes defeat even before the official announcement of the results if the outcome is clear. But Trump has not admitted he lost even four years after President Joe Biden defeated him in 2020.
03.11 / 23:19
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China gears up for a big week as markets await U.S. elections and stimulus details
BEIJING — The size of China's highly anticipated stimulus plans will likely depend on the outcome of the U.S. presidential election, analysts said.
03.11 / 21:25
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US election 2024 result prediction: Kamala Harris is gaining new strength against Donald Trump, show exit polls
It has been decades since the polls have shown the nation facing a presidential race that is so close across so many states in both the Sun Belt and the Rust Belt. The tightly contested landscape means the race remains highly uncertain as the campaign enters its final hours, as per a report on NYT News Service. Harris is now narrowly ahead in Nevada, North Carolina and Wisconsin, the polls show, while Trump leads in Arizona. The polls show them locked in close races in Michigan, Georgia and Pennsylvania. But the results in all seven states are within the margin of sampling error, meaning neither candidate has a definitive lead in any of them.
03.11 / 20:25
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US election results: This battleground state registers record early in-person voting. What this means for Donald Trump, Kamala Harris?
Early in-person voting, which ended Saturday, has become increasingly popular in the presidential battleground state over several election cycles. People can simultaneously register to vote and cast ballots at early voting sites, AP reported. Four years ago, a record 3.63 million people voted at hundreds of sites in all 100 counties during the early-voting period. This year, the state exceeded that total by Thursday, days before the period ended, the board said.
03.11 / 17:49
03.11 / 17:49
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US elections: Kamala Harris woos Michigan as Donald Trump hits eastern states
Kamala Harris campaigns in Michigan on Sunday while her Republican rival Donald Trump will stop in three eastern battleground states just two days before Tuesday's US presidential election. Opinion polls show a historically close race, and a New York Times/Siena College poll published on Sunday showed Vice President Harris and former President Trump neck-and-neck in the seven states that are likely to determine the outcome on Tuesday. A poll showing Harris leading in Iowa-a state Trump won easily in the past two elections-raised the possibility of an unexpected outcome, though another poll showed her trailing in that state.
03.11 / 16:49
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US election results: Verdict is out! Donald Trump is winning landslides in polls, claim supporters
«I really wouldn't believe it if they told me she won,» Brandon Dent, 22, told AFP, referring to Trump's rival, Vice President Kamala Harris. «He'll take it in a landslide,» the delivery driver said, observing the thousands of fellow Trump supporters lining up to see the president speak in the Virginia city of Salem, nestled among gentle mountains brushed in red and orange by the fall foliage.
03.11 / 15:25
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US elections 2024: How Kamala Harris secured unexpected lead over Trump in Iowa polls
Kamala Harris has surpassed Republican Donald Trump in a new poll in Iowa, with likely women voters responsible for the turnaround in a state that Trump easily won in 2016 and 2020, according to the Des Moines Register/Mediacom Iowa Poll released on Saturday. The poll of 808 likely voters, who were surveyed Oct. 28-31, has Harris leading Trump 47%-44% in Iowa, which has been trending deeply Republican in recent years. It is within the 3.4 percentage point margin of error, but it marked a turnaround from a September Iowa Poll that had Trump with a 4-point lead, the newspaper reported.
03.11 / 15:25
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'You don’t know not one thing about American struggle': Rapper Cardi B hits back at Elon Musk
Elon Musk's comment where he has called her a «puppet» for supporting Kamala Harris. «I’m not a puppet Elon… I’m a daughter of two immigrant parents that had to work their ass off to provide for me! I’m a product of welfare, I’m a product of section 8, I’m a product of poverty and I’m a product of what happens when the system is set up against you….But you don’t know nothing about that. You don’t know not one thing about the American struggle…. PS fix my algorithm,» said the rapper in response to Elon Musk's comment. While quoting a video of Cardi B where she is reportedly seen confused on the stage while campaigning for Kamala Harris over her teleprompter being broken, Elon Musk said «Another puppet who can’t even talk without being fed the words. The Kamala campaign has no authenticity or true empathy.»
03.11 / 15:25
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US economy to fall into recession after November 5 election results?
US election 2024 polls to choose between Democratic Vice President Kamala Harris and Republican former President Donald Trump as the country's next president. However, strikes in the aerospace industry depressed manufacturing employment while hurricanes shortened the collection period for payrolls, making it hard to get a clear picture of the labor market ahead of next week's presidential election, Reuters reported. «This is not the clarifying report on the economy that Americans and markets needed before next week's election to answer whether voters are better off than they were four years ago,» Christopher Rupkey, chief economist at FWDBONDS.
03.11 / 13:33
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US Election results: Is Elon Musk winning polls for Donald Trump?
Donald Trump had spent the past several years deriding early and absentee voting. However, Elon Musk's political team, which was advising the Tesla CEO on his nascent pro-Trump super PAC, informed him that Republicans could win Georgia, North Carolina and Pennsylvania only if they delivered on those kinds of votes, as per a report. Musk was aghast — and so he reached out to Trump, then the presumptive Republican nominee. You've got to stop telling people not to vote early, Musk texted, according to two people to whom Musk told this story. He was unsure his message was received, NYT News Service reported. But later that evening, Trump posted on Truth Social, «ABSENTEE VOTING, EARLY VOTING, AND ELECTION DAY VOTING ARE ALL GOOD OPTIONS.»
03.11 / 12:53
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Federal Reserve is set to cut rates again while facing a hazy post-election outlook
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year
03.11 / 12:53
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House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back
House Speaker Mike Johnson is trying to clarify remarks he made at a New York campaign rally where he suggested that Republicans may try to repeal legislation that has spurred U.S. production of semiconductor chips
03.11 / 10:33
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Kamala Harris vs Donald Trump: A comparative analysis of immigration policies & their effects on Indians in the US
Changes to U.S. immigration laws and/or policies under the new regime will be significantly important for Indian businesses and individuals. In this article we compare the different approaches of each candidate as gathered from information published by The Associated Press and the Council of Foreign Relations. We have also added a comment on each issue, as to what this means for Indian nationals and companies. Of the many areas that will be affected, one very important comparison is between the immigration policies of Kamala Harris and Donald Trump for the 2024 election.
03.11 / 05:03
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Kamala Harris opens 'Saturday Night Live,' urges US to 'keep Calm-ala' before election
Kamala Harris appeared on the "Saturday Night Live" TV comedy show on Saturday, adding a surprise jolt to the U.S. presidential election just three days before her with showdown with Republican Donald Trump. «Keep Calm-ala and carry on-ala,» Harris said in unison with the actor who plays her on the show, Maya Rudolph.
03.11 / 05:03
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US election, Q2 earnings, Fed meet and 5 more factors to likely impact stock markets this week
US election, and global market dynamics—will likely shape market movements. On Friday, the Nifty 50 and BSE Sensex rose by 0.41% and 0.42%, respectively, during a special Diwali «muhurat» trading session. Auto stocks led this upward move, bolstered by strong monthly sales data. «The domestic market showed positive reversal signs this week, aided by festive sentiment, steady institutional inflows, and declining oil prices,» said Vinod Nair, Head of Research at Geojit Financial Services. Market sentiment was also uplifted by easing geopolitical tensions and positive India-China relations.
03.11 / 05:03
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Iran braces for Donald Trump victory, fearing more Israeli strikes, Western sanctions
Iran's leadership and allies are bracing for what they would regard as a dreadful outcome of the imminent U.S. presidential election: A return to power of Donald Trump. Opinion polls suggest the Republican Trump and Democratic Vice President Kamala Harris remain locked in a close contest. But Iranian leaders and their regional allies in Lebanon, Iraq, and Yemen are concerned that Trump could well triumph on Nov. 5 and this could spell more trouble for them. Iran's main concern is the potential for Trump to empower Israeli Prime Minister Benjamin Netanyahu to strike Iran's nuclear sites, conduct targeted assassinations and reimpose his «maximum pressure policy» through heightened sanctions on their oil industry, according to Iranian, Arab and Western officials. They anticipate that Trump, who was president in 2017-21, will exert utmost pressure on Iranian Supreme Leader Ayatollah Ali Khamenei to cave in by accepting a nuclear containment deal on terms set by himself and Israel.
03.11 / 03:33
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Harris bets on big turnout among women to push her over finish line
Subscribe to enjoy similar stories. PHOENIX—Kamala Harris is making a bet in the final days of a deadlocked election campaign that turning out women voters is her best path to the presidency. In a race that has been defined by gender politics, getting women to the polls is a crucial task for Harris.
03.11 / 02:55
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Win the vote but still lose? Behold America's Electoral College
Donald Trump defied polls and expectations to defeat Hillary Clinton in the 2016 US presidential election, he described the victory as «beautiful.» Not everyone saw it that way — considering that Democrat Clinton had received nearly three million more votes nationally than her Republican rival. Non-Americans were particularly perplexed that the second-highest vote-getter would be the one crowned president. But Trump had done what the US system requires: win enough individual states, sometimes by very narrow margins, to surpass the 270 Electoral College votes necessary to win the White House.
03.11 / 02:55
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Harris tops Trump in latest Iowa poll, marking turnaround -Des Moines Register survey
Kamala Harris has surpassed Republican Donald Trump in a new poll in Iowa, with likely women voters responsible for the turnaround in a state that Trump easily won in 2016 and 2020, according to the Des Moines Register/Mediacom Iowa Poll released on Saturday. The poll of 808 likely voters, who were surveyed Oct. 28-31, has Harris leading Trump 47%-44% in Iowa, which has been trending deeply Republican in recent years. It is within the 3.4 percentage point margin of error, but it marked a turnaround from a September Iowa Poll that had Trump with a 4-point lead, the newspaper reported. «The poll shows that women — particularly those who are older or who are politically independent — are driving the late shift toward Harris,» the Register said.
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