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US elections News
Know about the significance of Howdy, Modi event
Sun, Sep 22, 2019
Know about the significance of Howdy, Modi event. To know more watch the video
Here's excerpt of full text of FM Arun Jaitley's Union Budget 2017 speech
Wed, Feb 01, 2017
Finance Minister Arun Jaitley presented India's Union Budget 2017-18 in the Lok Sabha in New Delhi on Wednesday.
India Inc's merger & acquisition deal tally soars to $62.5 billion in 2016: Thornton
Wed, Jan 25, 2017
India Inc's merger and acquisition (M&A) activity witnessed nearly 1,500 deals worth $62.5 billion (nearly Rs 4,15,796.9 crore) in 2016 and with more economic reforms expected, the current year is also likely to be 'action-packed', says a report.
Investor worries over Donald Trump, US policy on the rise: BAML
Tue, Jan 17, 2017
Worries over Donald Trump`s economic policies and the potential for US policy errors rose sharply this month, according to a survey of fund managers released on Tuesday, prompting them to hold more cash even though they expect growth and inflation to rise further.
Facebook lets users click to report fake news
Fri, Dec 16, 2016
Facebook announced on Thursday it was offering a tool allowing users to report fake news, a move aimed at stemming a wave of misinformation which some claim influenced the 2016 US election.
China's property market has bubble but won't collapse, says Wanda chairman
Wed, Nov 30, 2016
The chairman of Chinese property-to-entertainment conglomerate Dalian Wanda Group said on Tuesday that there is a property market bubble in China but the industry won`t collapse as there is still a significant potential for urbanisation.
Dollar, US bond yields drop as oil tumbles on output cut doubts
Mon, Nov 28, 2016
The dollar and US bond yields fell on Monday as investors reversed a "Trumpflation" trade that has gripped markets since the US elections, after oil prices slid on fears that producer countries meeting this week could fail to agree an output cut.
Indian Rupee's tumble not surprising, says Sue Trinh
Thu, Nov 24, 2016
While another Sue Trinh, head of Asia FX strategy at RBC Capital Markets was quoted by Bloomberg as saying that INR tumble is unsurprising and is not a sign of panic as losses are due largely to stronger dollar.
Rupee dives to near three-year lows as Trump, demonetisation weigh heavy
Wed, Nov 23, 2016
Suresh Sadagopan, Founder of Ladder7 Financial Advisors said, “There is a flight of dollars away from Indian markets & hence dollars are strengthening. This is partly due to the fact that US interest rate is expected to move up and money from across the world may move into US investments.”
Asia stocks at 1-week highs on U.S. gains; oil up
Tue, Nov 22, 2016
Asian stocks struck one-week highs with investors undeterred by a powerful earthquake in Japan on Tuesday, but after Wall Street closed at a record peak they were also wary of chasing prices higher until President-elect Donald Trump picks his economic team.
Asian shares on the defensive as U.S. yields, dollar rise
Mon, Nov 21, 2016
"Next week, we have events that would make investors more sober, such as OPEC meeting and Italian referendum. By then this Trump-inspired market may come to an end for now," said Norihiro Fujito, senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities.
Market review: Equities plunge as foreign investors take flight on demonetisation
Sat, Nov 19, 2016
Massive outflow of foreign funds, along with rupee depreciation and political bickering over the government`s recent demonetisation move, plunged the key Indian equity markets by around 2.50 % during the just-concluded week.
Brand America: No more the promised land with Trump as President
Fri, Nov 11, 2016
If Trump wins, claimed Joe Biden, in his pre- election talk, that it would be the 'dumbing' down of Brand America.
Asia shares rebound as Donald Trump turnaround 'astonishes'
Thu, Nov 10, 2016
Asian shares rebounded on Thursday and the dollar firmed after global markets made a remarkable comeback from the shock of Republican Donald Trump`s presidential victory, dumping safe-havens for the tempting returns of risk assets.
Indian IT sector slumps as fears of Donald Trump's victory comes true
Wed, Nov 09, 2016
As Republican Nominee Donald Trump was elected as the 45th US President, Indian IT stocks reacted adversely as it meant more uncertain times for the sector is closely connected with the US market.
Global stocks, dollar subdued with investors cautious on US election outcome
Tue, Nov 08, 2016
Trade was largely driven by cautious expectations of a win for Democrat Hillary Clinton, but some sharp swings in recent days across all asset classes meant big bets were relatively thin on the ground as Americans started voting.
What would a Hillary Clinton win mean for Indian Pharma?
Mon, Nov 07, 2016
The global generics sector saw a significant de-rating in YTD (year-to-date) in the CY2016 with 1-year forward P/E (price over equity) contracting by 34%, with the past one month itself witnessing an 11%.
Sensex rises as Clinton's chances brighten
Mon, Nov 07, 2016
Investors had been unnerved by signs of a tightening presidential race between Clinton and Republican candidate Donald Trump, whose stance on foreign policy, trade and immigration are seen as less predictable by financial markets.
Global cues depress Indian equity markets
Sat, Nov 05, 2016
The negative global sentiments dragged the key domestic indices lower -- by more than 2% each -- even as positive domestic cues such as the Goods and Services Tax (GST) Council`s consensus on the rate slabs and healthy macro-data failed to uplift investors` sentiments.
Pharma stocks fall sharply as US drug pricing investigation nears completion
Fri, Nov 04, 2016
Media reports suggest that the US Congress investigation into price hikes, that began in October 2014, may be nearing completion, culminating into charges of price collusion against companies / individuals by the year end.