Trump 2.0
Business Standard|November 07, 2024
Stunning victory raises the stakes for stability and peace

Donald Trump's second presidential victory has comprehensively defied the popular polls and underlined the Democrats' pre-poll misgivings. Far from being a narrow contest, Mr Trump has romped home not just in the red states but also in swing states. Unlike 2016, Mr Trump has also won the popular vote, the first time a Republican has done so since George W Bush's re-election in 2004. His victory is remarkable when set against the momentum Ms Harris generated from a late, standing start — at 107 days it was the shortest presidential campaign in post-war history. Ms Harris outraised and outspent her Republican opponent and was endorsed by an impressive slate of A-listers, from former Presidents and stalwarts of Mr Trump's first administration, Nobel prize-winning economists to cultural influencers such as Taylor Swift and Oprah Winfrey. Her weaknesses lay in associating herself with Bidenomics, which polls consistently showed were unpopular, and a tepid, ill-defined agenda that offered little beyond abortion rights and tax breaks for new families.

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IndiGo stock takes off on rating upgrade
Business Standard

IndiGo stock takes off on rating upgrade

Elara Capital gives 'buy' rating after IndiGo's highest-ever traffic in November

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3 mins  |
December 27, 2024
Business Standard

Wait for NAV, price on exchange to converge before investing

Indian investors seeking to diversify their portfolios through overseas exchange-traded funds (ETFs) are paying a premium.

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2 mins  |
December 27, 2024
Business Standard

Multiple triggers for Vedanta stock

Vedanta’s stock is experiencing multiple positive triggers, primarily driven by favorable aluminium and zinc price trends. The company's demerger plans, while modified, are expected to unlock value and improve capital allocation. Key projects coming online in the next 12-18 months, including alumina refinery expansion and captive mines, are poised to significantly boost earnings.

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2 mins  |
December 27, 2024
Markets settle flat in muted trade
Business Standard

Markets settle flat in muted trade

Benchmark indices Sensex and Nifty ended flat in listless trading on Thursday amid a lack of near-term triggers and unabated foreign fund outflows.

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1 min  |
December 27, 2024
Business Standard

India Third-Best Performing Major Market in 2024

The domestic market capitalization has soared 18.4 percent to $5.18 trillion in 2024, adding $806 billion.

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1 min  |
December 27, 2024
Business Standard

MP High Court stays Burmans' Religare open offer

In a strange turn of events, the Madhya Pradesh High Court's Jabalpur Bench has stayed the Burman family's open offer to acquire an additional 26 per cent stake in Religare Enterprises, and the company's annual general body meeting.

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1 min  |
December 27, 2024
IPO Mopup Likely to Top ₹2 Trillion Mark Next Year
Business Standard

IPO Mopup Likely to Top ₹2 Trillion Mark Next Year

Fund mobilisation through initial public offerings (IPOs) will continue to rise in 2025 and the total amount is expected to breach the ₹2 trillion mark, investment banking firm Pantomath Group estimates.

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1 min  |
December 27, 2024
Derivatives volume drops 37%
Business Standard

Derivatives volume drops 37%

Stricter trading norms help cool off speculative activity in December so far

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2 mins  |
December 27, 2024
Indian crypto investors ride Bitcoin, altcoin wave
Business Standard

Indian crypto investors ride Bitcoin, altcoin wave

The majority of crypto investors in the country have invested in mainstream virtual digital assets (VDAs) such as Bitcoins, altcoins like Dogecoin, Shiba Inu, and Ethereum, followed by non-fungible tokens (NFTs) and stablecoins, a compilation of year-end reports of crypto majors CoinDCX and CoinSwitch revealed.

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2 mins  |
December 27, 2024
28% OF LS SEATS HAD NO WOMAN CANDIDATE IN 2024
Business Standard

28% OF LS SEATS HAD NO WOMAN CANDIDATE IN 2024

The Election Commission of India on Thursday released 42 statistical reports for the Lok Sabha (LS) elections 2024.

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1 min  |
December 27, 2024