US ELECTIONS PREVIEW
'Acche din' to continue for FD investors as high fixed deposit interest rates will not drop soon: All eyes on RBI MPC on June 7
The Reserve Bank of India (RBI) will likely keep the repo rate unchanged in the upcoming monetary policy committee review. The question now is how long will the high-FD rate regime continue. Also, what should be the best strategy for your short-term and long-term fixed deposits? ET Wealth Online spoke to experts and here's all you need to know.
How Trump would crack down on US immigration in a second term
Trump pledges to address illegal and legal immigration by enforcing border policies, mass deportations, travel bans, and changes to legal immigration. He aims to tighten security, restrict entry, and overhaul existing programs if re-elected.
Japanese PM Kishida cracks jokes and invokes 'Star Trek' as he and Biden toast US-Japan alliance at state dinner
"I would like to propose a toast to our voyage to the frontier of the Japan-U.S. relationship with this word: boldly go," Kishida said, quoting the iconic opening monologue of the original "Star Trek" series.
Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks
US President Joe Biden and Chinese President Xi Jinping held a phone call discussing various issues like Taiwan, artificial intelligence, and security matters, aiming to restore regular dialogue between the two nations' leaders. The call follows their November summit, focusing on strengthening ties and cooperation.
Will Federal Reserve give some ammunition to Joe Biden with rate cut before elections?
The U.S. Federal Reserve may cut interest rates to boost President Biden's reelection chances amid public dissatisfaction with his economic management. Critics, including Trump, accuse the Fed of political bias, highlighting the central bank's influential role in shaping voter perceptions.
How Donald Trump would crack down on US immigration in a second term
Donald Trump has outlined his immigration policies for a potential second term. These policies include restoring the "remain in Mexico" program, detaining all migrants caught crossing the border illegally, implementing travel bans, launching mass deportations, ending automatic citizenship for children born to immigrants living in the U.S. illegally, tightening access to visa programs, rolling back Temporary Protected Status (TPS) designations, and potentially resuming the controversial family separation policy.
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US targets Russia with hundreds of sanctions over Ukraine war, Navalny death
U.S. President Joe Biden announced over 500 new sanctions against Russia on the second anniversary of its war in Ukraine, aiming to increase pressure on Moscow. These sanctions include export restrictions on nearly 100 entities and measures to diminish Russia's energy revenues.
Nikki Haley has spent 20 years navigating Republican Party factions. Trump may make that impossible
Haley, a former South Carolina legislator and held the position of U.N. ambassador under Trump government is now fighting against the billionaire. Haley has worked to navigate Republicans' rightward march and has leaned into her critics, defending her conservative record. Haley's criticisms of Trump have become more direct, but she has not ruled out joining him on the ticket as his running mate.
RBI meet begins Wednesday: Status quo likely amid strong growth, tighter liquidity conditions
“The RBI may stick to ‘withdrawal of accommodation’ stance given upside risks to food inflation (poor monsoon), strong GDP growth in the recent period and still hawkish global central banks,” said Nuvama Institutional Equities. Given the higher-than-expected GDP growth for Q2, experts do see the RBI raising its projections.
How Trump would crack down on immigration in a second term
Trump said in May he would seek to end automatic citizenship for children born in the U.S. to immigrants living in the country illegally, an idea he flirted with as president. Such an action would run against the long-running interpretation of an amendment to the U.S. Constitution and likely trigger legal challenges.
Abortion rights advocates, Democrats score wins in US elections
In Virginia, Democrats won control of both legislative chambers, according to the Associated Press. The result was a rebuke for Republican Governor Glenn Youngkin, who campaigned hard for Republican candidates and sought to unify them around his proposal to ban most abortions after 15 weeks of pregnancy.
Donald Trump is dominating the GOP primary and settling into a new role: Defendant
Donald Trump, the former US President, is currently facing a civil fraud trial in Manhattan where he is accused of inflating his net worth and asset values. While Trump is often subdued in the courtroom, he uses appearances outside to spin the proceedings in his favor and shape public perception. This strategy has energized his supporters and filled his campaign coffers, but it also tests the limits of his ability to bend political and legal realities.
Outlook on Q2FY24 earnings preview; Tata Motors, ICICI Bank could rally 10-20% in 1 year
Notably, the Nifty-50 surpassed the milestone of 20,000 and the BSE Sensex exceeded the 67,800 mark in Sep’23.
US, Japan and South Korea boosting mutual security commitments over objections of Beijing
Details about the new "duty to consult" commitment emerged as President Joe Biden on Friday welcomed South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida for a summit at the Camp David presidential retreat in Maryland. The agreement is one of several joint efforts that the leaders are expected to announce at the daylong summit, as the three countries look to tighten security and economic ties amid increasing concerns about North Korea's persistent nuclear threats and China's provocations in the Pacific.
‘The Trouble with KanYe’: Kanye West accused of antisemitic abuse again in BBC documentary; part of his ‘plan’ for US elections
Kanye West’s former business partner has revealed some more anti-Jewish statements from the rapper and businessman, who wants to run for US President in 2024.
India-US relationship likely to gain momentum post midterm: experts
While the outcome of several Congressional races are still unknown, it is apparent that the Republicans led by former president Donald Trump will at least narrowly control the House of Representatives. Irrespective of the final outcome of these last House races, as well as control of the Senate, these elections should not have an impact on US-India relations, said Rick Rossow from the CSIS think-tank here.
China: A year in review and preview
It is understandable why China is attempting a zero-cases policy, since domestic vaccines are not effective against emerging variants like Omicron, especially compared to Western vaccines that use mRNA. This is particularly ominous for China, because COVID could spread like wildfire amongst a population where there is little natural immunity.
Republicans capture Virginia governorship, dealing setback to Biden
Glenn Youngkin, a former private equity executive who surged in the polls in the Virginia campaign's final weeks, beat Democratic former Governor Terry McAuliffe, CNN and NBC projected. Youngkin declared victory in a speech before ebullient supporters, while McAuliffe did not publicly concede.
Poet Amanda Gorman, 22, will read at Joe Biden inaugural
When she reads next Wednesday, she will be continuing a tradition - for Democratic presidents - that includes such celebrated poets as Robert Frost and Maya Angelou. The latter's "On the Pulse of Morning," written for the 1993 inauguration of President Bill Clinton, went on to sell more than 1 million copies when published in book form.
Bernie Sanders, Elizabeth Warren under scrutiny as President-elect Joe Biden weighs Cabinet picks
The liberal New England senators remain interested in serving in Biden's Cabinet, but even some of their allies recognize they face major political hurdles getting there. Sensing disappointment, progressive leaders have reluctantly begun to express support for less-controversial alternatives.
Fight for Senate control awaits in Georgia after Biden's win, likely to stretch till January
So far, the tally for the next Senate is 48 Republicans and 48 Democrats after Tuesday's election. Two seats in Georgia are headed to runoffs on Jan. 5. And seats in North Carolina and Alaska are still too early to call.
In the event of a Biden win, his presidency could be shaped by twin Senate runoffs in Georgia
Should Democrats win them, Biden would be dealing with a majority in the Senate, increasing his chances for passing legislation and securing major appointment confirmations. Otherwise, Senate Majority Leader Mitch McConnell, a Kentucky Republican, could wield the power to block Biden.
6 questions going into the race that will decide the next president of United States of America
More than 92 million Americans have already cast ballots in an election that has been reshaped by the worst pandemic in more than a century, its economic fallout and a long-simmering reckoning with systemic racism.
View: The charm of American education is over
The quest for higher-level learning and acquiring knowledge, made the youth to look for studies abroad. Studying abroad became synonymous to material success and social status. In this context, the United States of America stands apart and dominates the table. The country has consistently ranked as the most favored destination for international students for a long time.
Pardon power, silent mics on Amy Coney Barrett's final day of hearing
During Wednesday's hearing, Barrett maintained her view that it would be inappropriate to comment on the national health care law or other cases that may come before her as a justice. She also declined to say whether a president can pardon himself.
Mitch McConnell set to debate Democratic rival Amy McGrath in Kentucky
The hour-long debate will be aired on Gray Television's Kentucky-based stations. It comes near the end of a big-spending campaign that has been waged in distance, with the two sparring in hard-hitting TV ads. McConnell, who is seeking a seventh term, has consistently led in polling.
Joe Biden harnesses history to describe urgency of 2020 campaign
The Democratic nominee portrays 2020 as an entanglement of social, economic, political, environmental and public health crises as threatening to America's stability as the Civil War and the Great Depression.
US elections: Trump, still facing health questions, holds first public event since COVID-19 diagnosis
The president revealed his positive coronavirus test on Oct. 2 and spent three nights in hospital before returning to the White House on Monday. He has not said whether he is still contagious, only that he is no longer showing symptoms of the virus that has killed more than 210,000 Americans.
Presidential debates give Donald Trump one last chance to define Joe Biden
The president's attacks on Biden have been scattershot and inconsistent, frustrating some Republicans who believe he has squandered repeated opportunities to define his rival. His efforts to move past the coronavirus pandemic and onto issues he views as more favorable for his reelection prospects have failed to sway voters.
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