Union Minister Ashwini Vaishnaw on Monday said the India-US trade agreement is a win-win deal which will benefit citizens and industries of both countries. Vaishnaw's remarks came soon after US President Donald Trump spoke to Prime Minister Narendra Modi and announced that India and the US have agreed on a trade deal. Under the agreed deal, Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent. Trump said India will move forward to reduce "tariffs and non-tariff barriers" against the US to zero, adding New Delhi would buy American goods, including energy, worth more than USD 500 billion. In a post on X, Vaishnaw, the Union minister for information and broadcasting, said, "Trade deal between the US and India will lead to a brighter future for both countries." "India-US trade deal is a win-win deal. Citizens and industries of both countries will benefit greatly from this deal," he said. Terming the US and India as the world's ..
Sector-wise, Financials, information technology (IT), and Telecom, they said, are the ways to participate in the market rebound
President Donald Trump implored the House on Monday to end the partial government shutdown, but neither Republicans nor Democrats appeared ready to quickly approve the federal funding package he brokered with the Senate without first debating their own demands over immigration enforcement operations. Democrats are refusing to provide the votes House Speaker Mike Johnson needs to push the package forward as they try to rein in the Trump administration's deportation operations after the shooting deaths of two Americans in Minneapolis. That's forcing Johnson to rely on his slim GOP majority, which has its own complaints about the package, to fall in line behind Trump's deal with Senate Democrats. Voting could begin as soon as Tuesday, which would be day four of the partial shutdown. The Pentagon, Homeland Security and other agencies saw their funding lapse Saturday. And while many operations at those departments are deemed essential, and still functioning, some workers may go without pa
Trump said India stopped purchasing Russian crude, a move he linked directly to the agreement between the two countries.
US aims to shield manufacturers from supply shocks
At the same time, Warsh could argue that by tightening financial conditions, a smaller balance sheet would grant his Fed room to cut its benchmark rate deeper
US President Donald Trump has spoken with Prime Minister Narendra Modi, US ambassador to India Sergio Gor said on Monday, sharing a photograph of the two leaders and hinting at further updates
From Project 2025 to executive overreach, the first year reveals how Trump has reshaped the US state, sidelined institutions, and redrawn the boundaries of presidential authority
Trump last week threatened Canada with a 50 per cent tariff on its country's planes sold in the US along with stripping globally recognised safety permits from aircraft made in Canada
Oil dropped sharply from the previous sessions, when Brent touched a six-month high and WTI was hovering near its highest since late September on mounting tensions between the United States and Iran
After months of record highs and stretched valuations, spot prices for gold and silver dropped 9 per cent and 28 per cent respectively after the announcement
From tech titans to Wall Street power brokers and foreign dignitaries, a who's who of powerful men make appearances in the huge trove of documents released by the Justice Department in connection with its investigations of Jeffrey Epstein. All have denied having anything to do with his sexual abuse of girls and young women. Yet some of them maintained friendships with Epstein, or developed them anew, even after news stories made him widely known as an alleged abuser of young girls. None has been charged with a crime connected to the investigation. Epstein killed himself in a Manhattan jail cell in 2019. Here's a primer on some of the notable names in the Epstein files: Andrew Mountbatten-Windsor ------------------------------------ The man formerly known as Britain's Prince Andrew has long been dogged by questions about his relationship with Epstein, including allegations from the late Virginia Roberts Giuffre that she was trafficked by Epstein and instructed to have sex with ...
Mexico's President Claudia Sheinbaum announced Sunday she plans to send humanitarian aid to Cuba this week, including food and other humanitarian aid. Sheinbaum's comments came after US President Donald Trump said he asked the Mexican leader to suspend oil shipments to the Caribbean island. Sheinbaum said at a public event in the northern state of Sonora that she did not discuss Cuban affairs in a phone conversation with Trump on Thursday. She added that her government seeks to " diplomatically solve everything related to the oil shipments (to Cuba) for humanitarian reasons." Earlier, Trump told reporters that he told the Mexican president not to send oil to Cuba. Following the US military operation carried out in early January to remove Venezuela's President Nicolas Maduro, the South American nation suspended oil shipments to Cuba, which had been declining in recent years. Mexico then became the main supplier of crude oil and refined products to Havana. Mexican oil has long acte
President Donald Trump says he will move to close Washington's Kennedy Center performing arts venue for two years starting in July for construction. Trump's announcement on social media Sunday night follows a wave of cancellations since Trump ousted the previous leadership and added his name to the building. Trump announced his plan days after the premier of "Melania" a documentary of the first lady was shown at the storied venue. The proposal, he said, is subject to approval by the board of the Kennedy Center, which has been stocked with his hand-picked allies. Leading performing arts groups have pulled out of appearances, most recently, composer Philip Glass, who announced his decision to withdraw his Symphony No. 15 "Lincoln" because he said the values of the center today are in "direct conflict" with the message of the piece. "This important decision, based on input from many Highly Respected Experts, will take a tired, broken, and dilapidated Center, one that has been in bad .
OPEC+ is expected to extend its pause on oil production increases in March, even as geopolitical tensions and Iran-related risks push crude prices higher
With US tariffs hitting Indian exports, Budget 2026-27 doubles down on manufacturing, capex and targeted relief for tariff-hit sectors
President Donald Trump said the US was beginning to talk with Cuban leaders as his administration is putting greater pressure on the communist-run island and cutting off key oil supplies. The Republican president made the comment to reporters on Saturday night as he was flying to Florida. It comes in the wake of his moves in recent weeks to cut off supplies of oil from Venezuela and Mexico, which he suggested Saturday would force Cuba to the negotiating table. His goals with Cuba remain unclear, but Trump has turned more of his attention toward the island after his administration in early January captured Venezuela's then-President Nicolas Maduro and has been more aggressive in confronting nations that are adversaries of the US. Trump has predicted that the Cuban government is ready to fall. He did not offer any details on Saturday about what level of outreach his administration has had with Cuba recently or when, but simply said, "We're starting to talk to Cuba." His recent moves
Newly disclosed US government files on Jeffrey Epstein have prompted the resignation of a top official in Slovakia and revived calls in Britain for a former prince to share what he knows with authorities about Epstein's links to powerful individuals around the world. The fallout comes just a day after the Justice Department began releasing a massive trove of files that offers more details about Epstein's interactions with the rich and famous after he served time for sex crimes in Florida. The prime minister of Slovakia accepted the resignation on Saturday of an official, Miroslav Lajcak, who once had a yearlong term as president of the UN General Assembly. Lajcak wasn't accused of wrongdoing but left his position after photos and emails revealed he had met with Epstein in the years after Epstein was released from jail. The disclosures also have revived questions about whether long-time Epstein friend Andrew Mountbatten-Windsor, formerly known as Prince Andrew, should cooperate with
Donald Trump claimed India will buy Venezuelan oil instead of Iranian crude as Washington moves to cut Russia-linked oil trade and ease some sanctions on Venezuela
President Donald Trump said Saturday that he has instructed Homeland Security Secretary Kristi Noem not to intervene in protests occurring in cities led by Democrats unless local authorities ask for federal help amid mounting criticism of his administration's immigration crackdown. On his social media site, Trump posted that "under no circumstances are we going to participate in various poorly run Democrat Cities with regard to their Protests and/or Riots unless, and until, they ask us for help." He provided no further details on how his order would affect operations by U.S. Customs and Immigration Enforcement and DHS personnel, or other federal agencies, but added: "We will, however, guard, and very powerfully so, any and all Federal Buildings that are being attacked by these highly paid Lunatics, Agitators, and Insurrectionists." Trump said that in addition to his instructions to Noem he had directed "ICE and/or Border Patrol to be very forceful in this protection of Federal ...