Indian investors will have to be patient as FII inflows are not expected in the short to medium term. However, long-term view is intact
The Senate Judiciary Committee voted along party lines on Thursday to advance the nomination of Kash Patel, Donald Trump's pick for FBI director, pushing past Democratic concerns that he would operate as a loyalist for the president and target perceived adversaries of the White House. The committee voted 12-10 to send the nomination to the Republican-controlled Senate for full consideration. It was not immediately clear when the final confirmation vote will occur, but so far even nominees once seen as having uncertain prospects including new Defence Secretary Pete Hegseth and Tulsi Gabbard, the director of national intelligence have been able to marshal sufficient support from Republicans eager to fall in line with Trump's agenda. Patel has raised alarm for his lack of management experience compared to other FBI directors and because of a vast catalog of incendiary past statements, which include calling investigators who scrutinized Trump government gangsters and describing at lea
A Reuters poll showed the Federal Reserve was expected to wait until the next quarter before cutting rates again. Tariffs could fuel US inflation and postpone rate cuts
Trump meanwhile wants Saudi Arabia, which has vast influence in other Arab and Muslim countries, to normalise ties with Israel
US President Donald Trump has frozen billions in international aid, leaving USAID-funded projects, including Starlink deployments, in limbo
US President Donald Trump doubled down on his redevelopment plan for Gaza, stating that Palestinians relocated would not be allowed to return
Trump's Gaza plans are expected to be among the topics when Jordan's King Abdullah II holds a scheduled meeting with him in Washington on Tuesday
Trump said on Sunday that the US is making progress with Russia to end the Ukraine war, but he declined to provide details about any communications with Russian President Vladimir Putin
During the first Trump administration, the Indo-Pacific region gained significant attention as a key strategic area in US foreign policy
19 Democratic state attorneys general filed a lawsuit with the US Supreme Court against DOGE arguing granting Musk's team access to sensitive govt systems violates constitution and federal laws
In November, Musk called for elimination of the CFPB, which polices and regulates consumer financial products, in a post on his social media platform X
Trump announced tariffs of 25 per cent on Canada and Mexico on Saturday but delayed them after a negative reaction from investors
Elon Musk, who heads Trump's government efficiency team, is also chief executive officer of Tesla Inc., which has the largest EV charger network in the US
The moves include offering buyouts to most government workers, dismissing or reassigning hundreds of officials, removing agency watchdogs among others
In a statement cited by the WTO, China's government said the measures appeared to be inconsistent with U.S. obligations under the agreement that led to the creation of the trade body
When President Donald Trump froze foreign assistance for 90 days, he argued that such a drastic step was needed to eliminate waste and block what he derides as woke spending that doesn't align with American interests. Experts say the suspension has another, far more serious consequence: emboldening authoritarian strongmen. Wrapped into the billions the US spends annually on foreign aid more than any other nation are hundreds of grants for grassroots groups dedicated to fighting for democracy in authoritarian countries around the world. Among the groups that won't be receiving critical funding is an organisation that trained poll workers to detect fraud in Venezuela's recent presidential vote, pro-democracy activists in Cuba and China and a group of Belarusian exiles behind a campaign to block the country's strongman from winning a sham election. Cutting funding to these essential efforts sends the wrong signal to dictatorships and undermines the brave individuals fighting for ...
Some politicians and analysts commended Sheinbaum's measured public tone and apparent ability to blunt Trump's charge after she reached an agreement with the US president to pause tariffs for a month
Ahmad Abdullah Hammoud was lucky to have some food stored to feed his family after a US-funded organisation abruptly suspended its aid activities at the sprawling tent camp in northeastern Syria where they have been forced to stay for nearly six years. His family is among 37,000 people, mostly women and children, with alleged ties to the Islamic State group at the bleak, trash-strewn al-Hol camp, where the Trump administration's unprecedented freeze on foreign aid caused chaos and uncertainty and worsened the dire humanitarian conditions. When the freeze was announced shortly after Trump took office, US-funded aid programmes worldwide began shutting down operations, including the organisation that runs many operations at al-Hol, which works under the supervision of the US-led coalition formed to fight IS. The US-based Blumont briefly suspended operations, according to the camp's director. It had been providing essentials such as bread, water, kerosene and cooking gas. Blumont didn't
Musk is targeting systems that process tens of billions of dollars a day in payments for US government agencies and the officials that oversee them
Trump's comments leave little room for optimism of an agreement to avoid a North American trade war that may spread across the world