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The new US president may have a significant implication for the global economy, including the Indian economy, given the wide policy difference between Democrat candidate Kamala Harris and republican candidate Donald Trump.
Opinion polls continue to show a tied race between Donald Trump and Kamala Harris. (AP)
Even as the election for the top post in the world’s largest economy is underway, the new president may have a significant implication for the global economy, including the Indian economy, given the wide policy difference between Democrat candidate Kamala Harris and republican candidate Donald Trump. According to brokerage firm PL Capital, the Trump government might be favourable for global geopolitics, crude oil prices, defence technology and pharma.
According to polymarket.com, traders expect a 56.5 per cent chance for Trump to win, while there is a 43.5 per cent probability for Kamala’s win. However, opinion polls continue to show a tied race between Donald Trump and Kamala Harris.
The official final US election result will be out on November 6 by 8:45 am IST. Just hours after the first polls close at 6 pm Eastern Time (22:00 GMT), results are expected to start coming in.
“The upcoming US presidential election could have critical implications for India against the backdrop of escalating geopolitical tensions, change in leadership in Bangladesh, and fragile situation in South East Asia. With India navigating tensions in…
