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    ELECTION PROBABILITIES

    Biden's supporters want to 'let Joe be Joe' - but his stumbles are now under a bigger spotlight

    President Joe Biden is attempting to shake off concerns about his cognitive capacities, but public doubts about his fitness to serve are increasing. Biden's every move is now under scrutiny as any potential stumble risks becoming magnified and delivering another blow to his candidacy. Some of his recent outings and meetings have left puzzling results, such as in the Stephanopoulos interview where Biden said, "I don't think so, no" when asked whether he watched a replay of the debate.

    Pharma sector: Turnaround for good, 6 small and mid cap pharma stocks with upside potential of up to 32%

    While it might not have been making it headline, the pharmaceutical sector or commonly called as pharma has come through a tough period due to US FDA and other factors. It has been witnessing a turnaround of sorts which has been slow but more companies are showing improvement in their performance. Also there is a process of re-rating which is quietly going on in the sector. It was large players which got the attention of tend to gain first and then it is smaller and mid sized. If one looks at the corporate announcement about approval of drugs by the US FDA or other drug regulator or any entry into new markets, a number of them are coming from mid and small companies. Given the lesson which the Indian pharma industry has learnt after its reckless approach between 2005 to 2015, there is a high probability that the sector may gain attention.

    Heat wave, elections to create unlikely earnings winners and losers

    India's scorching summer impacts Avenue Supermarts Ltd. and Bajaj Auto Ltd. DMart sells more ice cream, while Bajaj Auto defers purchases and introduces a new CNG-powered motorcycle, with its slowest profit expansion in April-June quarter. Nirmala Sitharaman may boost consumption. Infosys, Wipro, TCS benefit from AI demand and partnerships.

    US Presidential Election 2024: Joe Biden can win the election only if he ensures one thing; according to this political analyst

    Joe Biden is losing in all the national surveys and there are calls to replace him on the ballot box. In such a scenario, a political analyst has offered a glimmer of hope. He said that Biden’s victory in three key swing states will ensure his return to the White House.

    After United Kingdom, America too can have an Indian-origin leader

    Kamala Harris, born to an Indian mother, who had migrated to the US, and Jamaican father, tops the list of the probables if Biden pulls out of the race. Amid the swirling uncertainties, discussions among top Democratic circles are already shifting towards the prospect of Vice President Kamala Harris potentially leading the party in the upcoming election.

    2024 Presidential Election: Is Kamala Harris distancing herself from Joe Biden while Congressional Black Caucus backs president?

    While participating in a 30-minute sit-in interview in New Orleans, Vice President Kamala Harris was conspicuous by mentioning Joe Biden only once. Her behavior starkly contrasted with the Congressional Black Caucus members who repeatedly defended the president by his name. What will happen in the 2024 US Presidential Election?

    • Corporate France braces for new era of political turmoil

      France's business elite is concerned about political volatility, street protests, and potential bankruptcies as the country heads into a parliamentary election. Executives meeting in Provence fear the far right and left may undo President Macron's pro-business reforms. The rise of inexperienced leaders and uncertain economic outlook are adding to their anxiety.

      At Essence, Black Democrats rally behind Biden and talk up Kamala Harris

      Yet in more than 20 minutes on stage at the Essence Festival of Culture, Harris did not acknowledge Biden's dismal debate performance or calls for the 81-year-old president to end his reelection bid. In fact, she barely mentioned Biden at all - a stark contrast to the Congressional Black Caucus members who forcefully and repeatedly defended the president by name.

      Tory leadership race heats up; here is the list of probable candidates to replace Rishi Sunak

      The UK Conservatives have suffered their most humiliating defeat in the General Elections of 2024. The party will seek to start afresh and for this they have to find the right candidate who has the political acumen and the administrative experience.

      I am running the race, going to win again: Biden at Wisconsin rally

      US President Joe Biden reaffirmed his candidacy for the upcoming November 5 election, addressing doubts following his recent debate performance. In a Wisconsin rally, Biden emphasized his achievements, including job creation and healthcare improvements, while dismissing concerns about his age. He expressed determination to defeat Donald Trump again, calling for unity and support. Indian-American community leader Ajay Jain Bhutoria endorsed Biden and Vice President Kamala Harris, praising their commitment to democracy and resilience in challenging times.

      Was Barron Trump embarrassed when Donald Trump abused Joe Biden and Kalama Harris or did he exhibit 'presidential-looking flair'?

      In a video going viral, Republican Presidential contender Donald Trump can be seen abusing and boasting his hatred-filled rant at Joe Biden and Kamala Harris while his youngest son Barron Trump was sitting alongside him in a golf cart.

      What Labour victory means for India-UK ties & markets? Arnab Das explains

      There is a disconnect where the geopolitical and geoeconomic tensions are high. Still, the reality of the macro on the ground is that the integration continues. So, there is not going to be any big rupture in Asia, but there is going to be a continuing integration or continuing alignment of India and other countries in Asia with the West including the UK, Invesco’s Arnab Das.

      Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

      The world's biggest cryptocurrency has been under pressure in recent months, its slide accelerating this week after the first debate between U.S. presidential candidates Joe Biden and Donald Trump raised the spectre of Biden being replaced as a candidate.

      Bitcoin hits two-month low on election uncertainty, Mt Gox flows

      The world's biggest cryptocurrency Bitcoin's decline gained momentum this week following the initial debate between US presidential candidates Joe Biden and Donald Trump, which sparked concerns about potential changes in Biden's candidacy. Bitcoin fell more than 2% to $57,843, its lowest since May 2.

      Tarot reader predicts next UK Prime Minister, and the party that will come to power, all you need to know

      A tarot card reader has recently unveiled who shall win the UK general elections that begin on July 4, across the country. As polling stations open at 7am, UK residents will be able to decide the country's next leader through the power of their vote.

      In the UK election campaign's final hours, Sunak battles to the end as Labour's Starmer eyes victory

      Rishi Sunak, the current UK prime minister, is facing a national election on Thursday, marking the end of his 20-month tenure and the four Conservative prime ministers before him. The Labour Party is expected to elect a government that has not been in power since 2005. Sunak has expressed confidence in the outcome of the election, stating that things have turned a corner. Labour leader Keir Starmer has been campaigning for change, urging voters to support his center-left party.

      New voices, new choices: Immigrant voters ready to shape Britain's future

      Voting for the first time in a British election, immigrant voters like Prathesh Panjak are eager to participate in the July 4 ballot, hoping to influence change in their new home. The Labour Party is expected to win by a landslide, ending the Conservative Party's 14-year rule. Immigrants from Commonwealth countries, such as Nigeria, India, and Malaysia, are eligible to vote. Panjak, 27, who arrived in Britain last year, is excited to vote after missing the election in India.

      ETMarkets Smart Talk: FII ownership at probably its lowest, but trend is changing: Ajit Banerjee

      The market participants are convinced that the macro fundamentals and the fiscal condition of the country is very strong and India is poised to grow as the fastest-growing economy of the world for the next few years.

      2024 US Presidential Election: Do Democrats have plan 'B' if Joe Biden withdraws?

      Some Democrats are unsure about Joe Biden's 2024 presidential ambitions following his debate with Donald Trump. If Biden quits the 2024 US Presidential Election, there isn't a clear succession plan in place, which may make the process competitive for party contenders.

      Donald Trump's VP candidate finalized for upcoming elections? Here's what we know about the probable choices

      Former US President Donald Trump, who is also contesting for the upcoming US Presidential Elections 2024, has recently informed that he has finalized his choice for the VP candidate, set to be announced soon. Here's a look at some of the leading contenders who have the abilities to make the cut.

      India probably needs to go back to ballots: Dipankar Bhattacharya

      Communist Party of India (Marxist-Leninist) Liberation general secretary Dipankar Bhattacharya suggested that India may need to return to ballot papers due to concerns regarding Electronic Voting Machines (EVMs). During an interview with PTI editors, Bhattacharya expressed his worries about the alleged "saffronisation" of education and a stock market "scam" influenced by exit polls.

      Cash spending during elections 22 per cent higher this time

      Incremental currency in circulation since the election commission announced the election date in March till the last phase of election at Rs 89,080 crore as of June 7 was 22 percent higher than Rs 72,680 crore in the same period of 2019 elections. This could be probably due to the impact of COVID related disruptions and the surge in inflation over the five year period.

      Election results and markets: Is it time to buy the dip or sell the rise?

      The election results have diverged from expectations set by exit polls, possibly due to lower voter turn-out and anti-incumbency factor.

      Stay invested irrespective of election outcome: Ravi Dharamshi

      I do not think budget is likely to be a big event. I think there are a lot of fears about capital gains tax. So, from that perspective I think the agenda of the government is pretty well known. With a three years’ perspective I do not think there is going to be any major change in the budget.

      The Bengal election story that bothers no one

      The real story is why political violence is so rampant and, more importantly, normalised in a state that advertises its ‘bhadralok’ credentials, admittedly with increasingly waning credibility outside its own navel-gaze.

      No reason to panic regarding election outcome: Aashish Somaiyaa

      Aashish Somaiyaa, CEO of White Oak Capital AMC, discusses market behavior amidst economic momentum and upcoming elections. He reflects on historical market reactions to changes in leadership, emphasizing the market's preference for continuity during strong economic momentum. Somaaiyaa also says he has never seen a bubble where Nifty CAGR across time horizons is 14-15% compounded.

      US intelligence believes Putin probably didn't order Navalny to be killed: Report

      U.S. intel doubts Putin ordered Navalny's killing despite Kremlin denial. Putin proposed a prisoner exchange with the West. CIA shared the findings, taking into account Navalny's 2020 poisoning. Volkov criticized the U.S. conclusion.

      India is probably the third largest market for Citigroup's corporate banking business

      In the Indian corporate banking scene, Citigroup's global head of corporate banking Jason Rekate highlighted the prominence of companies in infrastructure, pharmaceuticals, and automobiles. Rekate mentioned that these companies are set to make intriguing investments as they focus on shedding non-core but high-quality assets, as reported in an interview with Bhaskar Dutta.

      Narendra Modi sets ambitious economic goals for probable third term

      Indian Prime Minister Narendra Modi has set an ambitious target of doubling the economy and exports this decade, with the aim of making the economy the third largest in the world if he wins a third term in a row. He has asked officials to finalise plans by around May to expand the economy to $6.69 trillion in nominal terms by 2030, from around $3.51 trillion currently. The document states that doubling the economy by the end of the decade would be a "very difficult feat" requiring 6%-6.5% growth for the next seven years along with inflation of 4.5%.

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