Thu Nov 07 09:13:23 UTC 2024: ## Trump Wins US Election, Global Leaders React
**Washington D.C.:** Donald Trump has been declared the winner of the US presidential election, triggering a wave of global reactions. World leaders including Indian Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu have sent their congratulations to the President-elect.
Trump’s victory has been met with cheers on Wall Street, with the Dow Jones hitting fresh highs. Meanwhile, Kamala Harris, the Democratic Vice-Presidential candidate, conceded defeat and acknowledged the arduous campaign.
The election results have also sparked controversy, with several incidents drawing attention. A convicted felon expressed his support for Trump’s 2024 presidential bid, while the Sikh community in Washington D.C. celebrated Trump’s victory.
**Other Key Developments:**
* **India:** The Economic Times reports on the strong performance of Quant Active, a mutual fund managed by Sandeep Tandon, despite its failure to outperform the market.
* **Business:** An auto baron’s alleged diversion of funds to create a INR 3,000 crore realty empire is under scrutiny.
* **Finance:** The article discusses the slowdown in NBFC growth and rising loan stress, questioning the viability of HDB Financial’s IPO.
**The Economic Times** provides extensive coverage of the US elections and its implications, along with in-depth analysis of business and financial news. Readers can subscribe to **ET Prime** for exclusive access to expert insights and analysis.
First Piper 