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    US ELECTION IMPACT ON INDIA

    Indian-born Nithya Raman elected Mayor of Los Angeles, scripts history as first South Asian mayor of the city

    Nithya Raman has made history by becoming the first South Asian mayor of Los Angeles. She won the election against incumbent Karen Bass during the recent mid-term elections. Raman, an urban planner with degrees from Harvard and MIT, aims to address housing and transit issues. The Indian-American community has achieved significant political gains across the country in these elections.

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    ‘People will be unhappy, but it’ll be too late’: Trump sees disaster ahead after midterm losses
    American midterm results will not have an impact on India-US interim trade deal: Sources

    The Democrats' sweeping victory in the US midterm elections is unlikely to affect the India-US interim trade agreement, as the pact does not require formal Congressional ratification, sources said. However, ongoing Section 301 investigations into forced labour and excess industrial capacity could influence Washington's tariff structure and the finalisation of the agreement.

    US midterm election impact: What it means for investors in equities, bonds and gold

    The US midterm election outcome could influence equities, bonds, gold and emerging market flows, but its direct market impact may remain limited. A weaker dollar and lower Treasury yields could support emerging markets and gold, while Federal Reserve policy, crude oil prices and AI spending remain key drivers for investors.

    The Economic Times
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