US

Enhancing margins: Weak rupee a silver lining for IT services companies

The Indian IT services industry derives roughly 90 per cent of its revenues from global markets-about 57 per cent from the US and around 28 per cent from Europe

Updated On: 04 Dec 2025 | 11:04 PM IST

RBI steers away from aggressive intervention as rupee touches new lows

RBI is intervening mainly to smooth volatility rather than defend specific levels as the rupee hits fresh lows amid outflows and trade-deal uncertainty, with its forward position limiting room to act

Updated On: 04 Dec 2025 | 10:57 PM IST

US-Ukraine draft plan could form basis for future peace deal, says Putin

US and Ukrainian negotiators held talks on the latest US-backed peace plan in Geneva on Sunday

Updated On: 27 Nov 2025 | 10:31 PM IST

Explained: Why China's lead in open source AI models is a concern for US

Over 80 per cent of surveyed information technology decision-makers reported that at least a quarter of their company's AI platforms are based on open source

Updated On: 27 Nov 2025 | 12:41 PM IST

Trump administration invests $10 bn in private firms for national security

The unusual government intervention into the private market is fuelling some concerns, including the opacity of the process, the potential for favouritism, corruption and market distortions

Updated On: 25 Nov 2025 | 11:08 PM IST

US threatens to cut intel, weapons to press Ukraine into peace deal: Report

Washington has presented Ukraine with a 28-point plan, which endorses some of Russia's principal demands in the war

Updated On: 21 Nov 2025 | 8:30 PM IST

US threatens to cut intel, weapons to press Ukraine into peace deal: Report

Washington has presented Ukraine with a 28-point plan, which endorses some of Russia's principal demands in the war

Updated On: 21 Nov 2025 | 8:09 PM IST

The tough race for critical minerals continues despite viability fears

While the auction of mines has attracted high bids, just how many of these mines will actually be commercially viable remains to be seen

Updated On: 20 Nov 2025 | 10:43 PM IST

Harvard launches new probe into Epstein links after Summers email uproar

Through a spokesperson, Summers declined to comment on Harvard's new investigation, which was reported earlier by the Harvard Crimson

Updated On: 19 Nov 2025 | 11:45 PM IST

Larry Summers to step back from public roles amid Epstein backlash

In one email, sent in October 2017, Summers told Epstein that Trump was the 'world s luckiest guy in terms of opposition, economy etc. still think his world will collapse'

Updated On: 18 Nov 2025 | 11:44 PM IST

Chevron, Phillips 66, Total win India's first US LPG import tender: Report

India plans to raise energy imports from the US to cut its trade surplus with Washington, a key irritant for President Donald Trump, who has imposed a 50% import levy on Indian goods

Updated On: 15 Nov 2025 | 12:05 AM IST

Epstein claimed he could 'take down' Trump after their friendship ended

Jeffrey Epstein cast himself as a Trump insider and wanted to leverage potentially damaging information about the president and his business dealings, according to emails with associates

Updated On: 13 Nov 2025 | 11:30 PM IST

Michael Burry of 'Big Short' fame deregisters Scion Asset Management

Bets by Scion, which managed $155 million in assets as of March, have long been dissected for hints of looming bubbles and signs of market froth

Updated On: 13 Nov 2025 | 7:00 PM IST

President Trump praises H-1B talent, reinforces India's tech role

President Donald Trump's remarks recognising the importance of H-1B talent have renewed optimism among India's tech sector, though experts say the real impact depends on visa fee reforms

Updated On: 13 Nov 2025 | 12:08 AM IST

US air traffic staffing crisis disrupts thousands of flights amid shutdown

Some 1,500 flights were canceled and 6,000 flights were delayed on Saturday, compared with Friday when 1,025 were canceled and 7,000 were delayed

Updated On: 09 Nov 2025 | 11:10 PM IST

US air travel will fall to a trickle due to shutdown: Transportation Secy

Major airlines were dealing with a third day of government-mandated flight cuts after thousands of delays and cancellations snarled traffic on Saturday

Updated On: 09 Nov 2025 | 9:51 PM IST

Gold to remain in corrective phase ahead of crucial US, China macro data

Gold prices are expected to remain in a corrective phase in the coming week ahead of the crucial US inflation data, continuing uncertainties over trade tariffs and key economic numbers from China, analysts said. Traders will also closely watch comments from US Federal Reserve officials for clarity on the monetary policy outlook, which is likely to steer the near-term direction for bullion prices, they added. "Gold prices are expected to see some consolidation or more correction as focus will be on the inflation numbers, US Supreme Court hearing on tariffs, speeches from Fed officials, and Chinese data," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. He said that although gold prices ended the week slightly lower, the metal is largely stuck in a range, capped on the upside by a stronger dollar and sluggish physical demand as retail buyers stayed away on the sidelines in anticipation of further price correction. However, Mer noted ..

Updated On: 09 Nov 2025 | 3:59 PM IST

Republican US Rep. Elise Stefanik to run against New York Guv Kathy Hochul

Republican US Rep Elise Stefanik is running for governor of New York, her campaign announced Friday. In a video shared on social media, Stefanik called Democratic Gov Kathy Hochul the worst governor in America and called New York the most unaffordable state in the nation. Stefanik, who represents a solid red congressional district in upstate New York, has for months teased a run for governor, levelling heavy criticism at Hochul and more recently toward Zohran Mamdani, the mayor-elect of New York City. I am running for governor to bring a new generation of leadership to Albany to make New York affordable and safe for families all across our great state," Stefanik said in a statement issued Friday. Last year, President Donald Trump picked Stefanik, a staunch ally, to be the administration's ambassador to the United Nations, but months later rescinded the nomination over concerns about Republicans' tight margins in the House. Though any Republican faces long odds of winning the ...

Updated On: 07 Nov 2025 | 10:56 PM IST

US job cuts hit two-decade October high as AI and costs reshape firms

Companies announced 153,074 job cuts last month, almost triple the number during the same month last year and driven by the technology and warehousing sectors

Updated On: 06 Nov 2025 | 11:05 PM IST

Nancy Pelosi, first woman US House speaker, to retire after 40 years

She has been at the forefront in battling for control of the House and especially taking on Republican Donald Trump, who feuded with her in his first presidential term from 2017-2020

Updated On: 06 Nov 2025 | 11:05 PM IST