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January 19, 2025

What to expect on Trump's Inauguration Day

Donald Trump will be sworn in as president of the United States on Monday, ushering in his second term in office and capping one of the most astounding political comebacks in American history. Inauguration Day is, by tradition, largely dedicated to pomp and circumstance. One president leaves the White House, and another moves in. But Trump, a Republican, also has pledged to sign a flurry of executive orders on subjects ranging from border security to oil and gas production on his first day in office. Here is what we know about Inauguration Day so far:When is Donald Trump's inauguration?Trump will take the oath of office, administered by Chief Justice of the United States John Roberts, at 12 p.m. EST (1700 GMT). It was originally due to take place in front of the U.S. Capitol but will now t

January 19, 2025

Want to lead in every segment: ITC Chairman

ITC is sharpening its competitiveness and strengthening innovative capacity under its "Next Strategy" as the multi-conglomerate aims to be a leader in the segments in which it operates, said its Chairman and Managing Director Sanjiv Puri. The cigarettes-to-consumer goods conglomerate has articulated a strategy of the organisation, the 'ITC Next Strategy' aiming to shape a future-ready enterprise and define the next phase of growth and profitability, Puri told PTI. As part of the ITC Next Strategy, it identified levers of competitiveness, which include digitalisation, sustainability, innovation and supply chain efficiency, among others for its future growth. "These have been identified as areas where specific interventions have been made to become competitive and contemporary. The object

January 19, 2025

Fund Manager Talk: Trump presidency not a big threat to IT but can affect FII flow: Krishnan VR

Some of Trump's campaign signature promises, like tariffs and immigration control, if implemented, could put upward pressure on inflation and treasury yields, possibly affecting capital flows into India, says Krishnan VR, Chief of the Quantitative Research team at Marcellus.Tighter visa regulations, however, won't be a big threat for Indian IT majors, he says in this interview. Edited excerpts:The next 2-3 weeks are going to be action-packed for investors amid the ongoing Q3 earnings season, Trump's swearing-in, the Fed meeting, and the Union Budget back home. What will your strategy be when volatility is likely to be higher than usual?We will track these events if they have any relevance to long-term trends for the economy and capital markets. Our investment approach is less reactive to n

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