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PM Narendra Modi hits at multiple targets in surprise move to crackdown on black money

In a bold move against corruption and unaccounted wealth, Prime Minister Narendra Modi has acted to arrest the drift in his popularity and place constraints on election funding, which will benefit him in crucial state electio

Economy News

Google shows what many Indians want to know: How to launder cash

Late on Tuesday, as Prime Minister Narendra Modi blindsided the nation with his biggest step against tax evasion, many Indians turned to Google Inc. for help.

Industry News

Narendra Modi may reap $45 billion budget gain on black money crackdown

Prime Minister Narendra Modi’s biggest move to fight tax evasion and graft can add $45 billion to India’s budget, or about three times the size of Iceland’s economy.

Economy News

Bill Gross says Donald Trump victory won’t lead to more economic growth

Bond investor Bill Gross said Donald Trump’s stunning victory and Republican control of Congress probably won’t spur faster economic growth -- a view that runs counter to that of many on Wall Street.

World News

Donald Trump’s win can help us better investors: Barry Ritholtz

One of the best things to do when confronted by a major surprise is to see what there is to be learned from the experience.

World News

Emerging markets tumble as Donald Trump victory signals risks to trade

Emerging markets went into a tailspin as Donald Trump’s US presidential election victory fueled concern the world’s largest economy may turn protectionist, jeopardizing benefits flowing to developing nations from trade de

Markets News

More pain seen for India property on Narendra Modi graft crackdown

India’s property market is poised for further declines as Prime Minister Narendra Modi’s move to crack down on unaccounted wealth hurts one of the key methods that buyers employ to purchase real estate.

Economy News

A Donald Trump victory wouldn’t hurt emerging markets for long: Gadfly

Investors were getting increasingly nervous as US election results trickled in, with emerging-market stocks perhaps the biggest losers in the case of a Donald Trump victory.

World News

US elections results: ‘Brexit Plus’ isn’t so far-fetched now as Donald Trump rattles markets

When Donald Trump predicted on Monday that US voters would deliver “Brexit plus, plus, plus” by handing him the presidency, financial markets dismissed the comment as another example of the Republican candidate’s tradem

Markets News

US elections results: Gold surges most since Brexit as Donald Trump surprises in key states

Gold surged the most since the Brexit vote as traders plowed back into haven assets on reports showing surprise victories for Republican Donald Trump in states critical to his White House hopes.

Commodities News

Is Hillary Clinton making a play for unity with her election day style?

Over the years, Democratic presidential nominee Hillary Clinton has turned her signature pantsuits from punch line to platform.

World News

One Candidate Is Partisan; the Other Isn’t: Jonathan Bernstein

US election results: How would the presidential candidates (Hillary Clinton, Donald Trump) differ in the way they behave in the White House? Scholars of the presidency don't offer much for us to go on, and this isn't just be

World News

How the 2016 presidential election benefited most everyone who covered it

American election: Plenty of Americans on both side of the political spectrum will look back on the 2016 election with enduring fatigue - and perhaps more than a little horror at how inescapable the presidential campaign rem

World News

Investors are losing more sleep over Europe than Donald Trump: Gadfly

US election results 2016: Donald Trump has promised voters his very own kind of Brexit upset. For investors, the real thing is still more troubling.

Markets News

US presidential elections: Here’s what will happen in Congress especially if Hillary Clinton wins

As voters head to the polls Tuesday, one outcome is already a near-certainty: A dysfunctional US Congress is going to get even more unworkable, particularly if Hillary Clinton wins the White House.

World News

US Presidential Elections: Donald Trump’s big-money cavalry never rode to his rescue

On Monday, Donald Trump’s campaign was asking fans to send $5 or $10 to buy pizza and snacks for election-day volunteers. He’s ending his campaign against Hillary Clinton the way he began it: heavily outspent by his oppon

us presidential election, donald trump, hillary clinton, barack obama, us 45th president, trump, clinton, big money cavalry News

Dollar volatility drops as Hillary Clinton leads in final election poll

Gyrations in the $5.1 trillion foreign-exchange market waned and the dollar held its gain against the yen as opinion polls put Hillary Clinton ahead of Donald Trump before U.S. voters cast their ballots in the presidential el

Markets News

Tata’s return tarnishes aura of India’s legendary dynasty

The dynastic business that built a reputation over more than a century for discretion, integrity and fair-dealing has sunk into a public spat of allegations and name-calling. Its directors trade barbs. Its share price is tumb

Industry News

India pushes UK to figure out an economic future: Mihir Sharma

It’s hardly surprising that Theresa May’s first bilateral summit outside Europe was with India’s Narendra Modi.

Economy News

US Presidential Election: Goldman says Hillary Clinton victory more likely as gold holds decline

Gold held the steepest slump in a month as Americans prepare to cast their ballots in the US presidential election after a rancorous and divisive campaign, with Goldman Sachs Group Inc. saying that Democrat Hillary Clinton is

us presidential election, hillary clinton, hillary clinton victory, impact of hillary clinton victory on gold, impact on gold, white house race News

US Elections 2016: If Hillary Clinton wins, what will the first gentleman wear?

If Hillary Clinton wins the election, it will be a historical milestone in more ways than one; she will become the first female US president and Bill Clinton will become the first male presidential spouse.

World News

Ratan Tata’s return tarnishes aura of India’s legendary dynasty

It is, said a bewildered employee of India’s biggest company, very "un-Tata-like."

Industry News

US Elections 2016: Author Malcolm Gladwell says “Trump will be in jail within a year”

Canadian author and journalist Malcolm Gladwell thinks that if Donald Trump is elected, he won't be in office very long.

World News

LeEco facing cash crunch: Billionaire chairman cuts salary to 1 yuan

The billionaire chairman of China’s LeEco has admitted his technology empire is running out of cash to sustain a headlong rush into businesses from electric cars to smartphones.

Industry News

Gold demand lowest in 7 years: Here is why Indians are not buying gold

Elevated gold prices and India’s push for more transparency on purchases and income disclosure will cut the nation’s demand for bullion in 2016 to its lowest in seven years, before consumption recovers in 2017, according

Commodities News

Tata said to avoid deeper writedowns with Thyssenkrupp venture

Tata Group's European steel unit may be saved from deeper writedowns if it pursues a tie-up with Thyssenkrupp AG proposed by Cyrus Mistry, the ousted chairman of India’s biggest conglomerate, a person with knowledge of the

Industry News

Android’s Dominant Alliance shows signs of Balkanization: Gadfly

The Android operating system for smartphones is one of the most successful technologies ever created. Apple Inc. sparked the smartphone revolution, but Android spread it to the masses.

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