Trump's win will not affect migration of skilled workers
Business Standard|November 11, 2024
VIJAY CHAUTHAIWALE, in charge of the Bharatiya Janata Party's (BJP's) foreign affairs department, has led the party's Indian diaspora outreach for over a decade. He tells Archis Mohan in a telephonic interview that he expects the Donald Trump administration to be more pragmatic in dealing with India's concerns on protectionism and visas for skilled Indian immigrants. Excerpts:
VIJAY CHAUTHAIWALE
Trump's win will not affect migration of skilled workers

Indian immigrants. Excerpts: What is your assessment of the US presidential election result?

The trends and the news coming from the United States (US) in the past three-four weeks had indicated a clear momentum for Donald Trump. So for me the results were not a big surprise. The American voters rejected the ultra-liberalism and wokeism, which has become sort of a core of the Democratic Party. Much of the analysis now, including in the American press, has attributed the defeat of the Democratic Party to these ultra-left elements. A majority of the people who are centrists became uncomfortable with these positions, and shifted towards the Republicans. If that is the case, then "moderation" would be the key word for the next phase in US politics, which is good for everyone. Moreover, the economy and inflation were pertinent issues. Unfortunately, Kamala Harris could not clarify her position on these critical issues, and therefore, she always tried to vilify Trump, accusing him of being a fascist and unstable. But the people rejected that hypothesis.

You have interacted with the Indian diaspora in the US over the past decade. Why do you think Indian Americans, or even Hispanics, are shifting towards the Republicans?

Denne historien er fra November 11, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra November 11, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS STANDARDSe alt
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

time-read
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.

time-read
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.

time-read
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.

time-read
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.

time-read
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.

time-read
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.

time-read
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

time-read
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.

time-read
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.

time-read
1 min  |
December 27, 2024