Bloomberg, the billionaire former mayor of New York, is mounting a late challenge for the Democratic nomination and has risen modestly in public opinion polls as he blankets U.S. airwaves with television ads.
The Indian rupee has been sharply depreciating against the US dollar clocking its nine-month low yesterday. The Indian currency has plunged by about by 2.91 percent since Donald Trump's victory in the US Presidential polls earlier this month. What are its causes and implications. A primer.
Global markets fear a Donald Trump win in US Presidential election while the Federal Reserve kept interest rates unchanged in its last decision before the polls. The central bank maintained status quo in interest rates but signalled it could hike in December, as equities remained pressured by uncertainty over the impending US elections.
ONGC, Tata Motors, SBI, BHEL and Sun Pharma are losers in the Sensex. M&M, HUL and NTPC are gainers.
The US Presidential race is heading towards its conclusion and recent polls show that Republican candidate is closing the gap with Hillary Clinton.
For trade economies, protectionism is always a concern and protectionist rhetoric does take over during elections, says Arvind Panagariya, Vice Chairman of the NITI Aayog.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.25 percent. Japan's Nikkei extended gains to 0.9 percent. China's CSI 300 increased 0.2 percent, and Hong Kong's Hang Seng index climbed 0.6 percent.
In two leading national opinion polls CNN/ORC and NBC/Wall Street Journal Jindal's popularity rating slipped to less than one per cent, following which many political pundits were quick to pronounce a dead end to his presidential ambition at least in the 2016 elections.
The campaigns of US presidential candidates are limited to receiving donations of up to USD 2,500 per person. But independent "Super PACs" have no limits on what they can raise from individuals, corporations or labor unions.