PrøvGOLD- Free

Trump Vs Harris In Equity Ring: Who Packs A Stronger Punch?
Business Standard|November 04, 2024
Battle lines are drawn in a hard-fought election in the US, the outcome of which will be known this week. However, analysts say global financial markets have already begun preparing for Donald Trump's victory.
- PUNEET WADHWA
Trump Vs Harris In Equity Ring: Who Packs A Stronger Punch?

A Trump win in the November 2024 polls, experts believe, is likely to benefit Indian automotive, energy, and metal sectors while being neutral for the pharmaceutical space.

Business-wise, the US accounts for around 18 per cent of India's merchandise exports, with major export items including electronics, pearls and precious stones, pharmaceuticals, nuclear reactors, petroleum products, and, to a lesser extent, iron and steel, automotive products, and textiles.

India is also one of the world's top services exporters, particularly in information technology and professional services, to the US.

Should Trump win in November, inflation, according to Nigel Green, chief executive officer of deVere Group, a global consulting firm managing nearly $12 billion in assets, is expected to rise as trade policies lead to higher import costs. This, he believes, could prompt the US Federal Reserve (Fed) to adopt a less aggressive approach to rate cuts, as the central bank seeks to balance inflation control with economic growth.

Denne historien er fra November 04, 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 04, 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
India must make itself quantum secure: Chowdhry
Business Standard

India must make itself quantum secure: Chowdhry

\"A lot of the early users have started thinking ahead of time and begun working on quantum computers so that they can actually learn how to do it. They do not replace classical computers, which will continue to be used for novel applications\"

time-read
4 mins  |
March 01, 2025
Tuhin Kanta Pandey: Market's new watchman
Business Standard

Tuhin Kanta Pandey: Market's new watchman

The Appointments Committee of the Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved appointment of Tuhin Kanta Pandey (pictured) as Securities and Exchange Board of India (Sebi) chairman for three years.

time-read
3 mins  |
March 01, 2025
Business Standard

Long haul ahead for growth

There was little doubt that India's gross domestic product (GDP) would see an improvement in Q3FY25 on the back of festive demand.

time-read
3 mins  |
March 01, 2025
Lower tariffs can spur 7% growth, boost competitiveness: NITI's V-C
Business Standard

Lower tariffs can spur 7% growth, boost competitiveness: NITI's V-C

Big ideas take centre stage on concluding day of BS thought summit, as bureaucrats, corporate leaders, and startup pioneers converge

time-read
3 mins  |
March 01, 2025
Business Standard

Maha bet on Mumbai as AI hub to rival southern citadels

The Maharashtra government is positioning Mumbai as an artificial intelligence (AI) hub, a significant move to compensate for the missed opportunity of establishing a vibrant startup ecosystem in the state, akin to Bengaluru and Hyderabad.

time-read
1 min  |
March 01, 2025
Tencent Fires Up AI Race With Hunyuan Turbo S
Business Standard

Tencent Fires Up AI Race With Hunyuan Turbo S

Claims it replies faster than DeepSeek R1

time-read
1 min  |
March 01, 2025
Business Standard

Growth picks up to 6.2% in Q3; FY25 projection now 6.5%

Consumer spending strengthens, agri shines; past data revised

time-read
2 mins  |
March 01, 2025
Business Standard

Benchmark indices tumble 2% after fresh US tariff shocker

Benchmark equity indices plunged nearly 2 per cent on Friday, marking their steepest single-day drop in more than four months.

time-read
2 mins  |
March 01, 2025
Business Standard

Apple Launches 'Age Assurance' Tech

Apple on Thursday said it will introduce a way for parents to share the age of a child with app developers without revealing sensitive information such as birthdays or government identification numbers.

time-read
1 min  |
March 01, 2025
Business Standard

Stocks slump, dollar towers as Trump tariffs ruffle markets

Equities slumped across Asia on Friday and the US dollar hovered near multi-week highs against the currencies of the country's top trading partners as concerns about an escalating global trade war soured market sentiment.

time-read
1 min  |
March 01, 2025

Vi bruker informasjonskapsler for å tilby og forbedre tjenestene våre. Ved å bruke nettstedet vårt samtykker du til informasjonskapsler. Finn ut mer