From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)US mid-term election outcome effect: G-Secs rally, Rupee gains
What's behind this
A Democratic victory in the US midterm elections could limit Trump’s China tariffs, reshape US support for Taiwan and make Washington‑Beijing relations more complex. With a Democratic‑led Congress, there may be greater oversight of tariff exemptions, stricter enforcement of export controls and tighter scrutiny of deals involving sensitive semiconductor technology. Meanwhile, China keeps faith in Trump even as a ‘total defeat’ adds new risks to the ties.
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center · 1 outlet
Echoes of the US mid-term election outcome were felt across the global market including India which extended its winning streak to a fifth consecutive session on Wednesday, supported by a sustained decline in crude oil prices, renewed foreign fund inflows and strong Q2 earnings. While the local…
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right · 1 outlet
The Indian rupee extended its winning streak for the fourth consecutive session
RSS excerpt
The Indian rupee extended its winning streak for the fourth consecutive session