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Rupee may depreciate 8-10 pc during Trump 2.0, says SBI report

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Rupee may depreciate 8-10 pc during Trump 2.0, says SBI report

New Delhi: The rupee may depreciate 8-10 per cent against the US dollar during the Trump 2.0 regime, said a SBI research report, even as the local currency hit its all-time low on Monday. The report, titled US Presidential Election 2024: How Trump 2.0 Impacts India’s and Global Economy, emphasised that the rupee can have … Read more

Donald Trump’s invitation to Chinese carmakers might boost US transition to EVs

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Donald Trump’s invitation to Chinese carmakers might boost US transition to EVs

While the former president has previously only taken hits at EVs – saying that they will “kill” the US auto industry and that he would rescind federal support for them – he now strikes a more flexible tone. They’re “incredible” but “not for everybody”, he said, after meeting Tesla’s chief executive Elon Musk. For Trump, … Read more