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That Thucydides Trap again

Does China have to inevitably face confrontation from the US and seek domination over India?

Drop the 'natural' in natural gas: Climate activists urge US officials

The Federal Trade Commission has said the Green Guides are based on how consumers reasonably interpret claims, not technical or scientific definitions

Fox's settlement with Dominion on defamation unlikely to cost it $787.5 mn

Fox Corp.'s hefty $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. On Tuesday, Fox settled with Dominion over charges that Fox News baselessly accused the company of rigging its voting machines against former President Donald Trump in 2020. It was the most-watched media libel case in decades. Fox had about $4 billion of cash on hand as of December 2022, and MoffettNathanson analyst Robert Fishman expects the company to pay the settlement during the current quarter. How much the lawsuit will actually end up costing Fox is unclear because there are ways it can defray some of the expense, primarily through insurance and the use of tax deductions. Fox can deduct the Dominion settlement from its income taxes as an expense necessary for the cost of doing business. Fox Chief Communications Officer Brian Nick has confirmed the deductibility of the settlement. Big companie

US debt default will threaten global financial system, says BlackRock

Addressing the broader economy, Hildebrand said he saw no scenario in which interest-rate cuts would happen this year

US Health Secretary Xavier Becerra violates Hatch Act: Govt watchdog

Becerra is one of a handful of Biden administration officials to be cited for violating the Hatch Act

US keen on alliance in connectivity, solid waste management with Mizoram

The Minister also asserted the prevalence of HIV/AIDS, Cancer, Malaria, TB in the state and called for better cooperation to eradicate such diseases from the state

India-US trade rose by 8% to $128.55 bn in 2022-23, fell 1.5% with China

Exports to the US rose by 2.81 per cent to $78.31 billion in 2022-23 as against $76.18 billion in 2021-22, while imports grew by about 16 per cent to $50.24 billion

Philippines to partner with US, India to construct digital public infra

The House of Representatives passed on third reading an e-governance bill on March 6. A counterpart bill in the Senate is currently at the committee level

Products from scores of districts on display at Indian Embassy in US

Products from scores of Indian districts were on display at the Indian Embassy here on Saturday at an event organised to celebrate the country's diversity and togetherness. US Commerce Secretary Gina Raimondo, along with visiting Union Finance Minister Nirmala Sitharaman, had a glimpse of these exhibits during the event that was attended by several hundred Indian Americans from across the country at the India House here, which is the official residence of India's Ambassador to the US Taranjit Singh Sandhu. Raimondo expressed keen interest in the diversity of these products from India, which ranged from Madhubani painting and wooden coasters to Darjeeling, Nilgiri, Assam Tea, Kanchipuram Saree, to Kashmiri Scarf, and tea light holders. This is for the first time that such a variety of Indian products have been on display here in the US. Prominent among those who attended the event included White House Indo Pacific Coordinator, Kurt Campbell; White House National Drug Control Czar, D

18,000 cows killed in Texas dairy farm explosion, deadliest barn fire in US

Around 6.5 million farm animals have died in such fires in the last decade, most of them poultry

US prez Biden visits Belfast for 'Good Friday Agreement' anniversary

US President Joe Biden has landed in Northern Ireland's Belfast at the start of his four-day visit to the island of Ireland

India at helm, G20 eyes common plan on crypto risks: FM Nirmala Sitharaman

Sitharaman is currently visiting the US. Her visit started Tuesday, and she will be there for a week. She will be attending spring meetings and a G20 finance ministers' meeting

Elizabeth Holmes loses bid to remain free during appeal for conviction

Legal experts said Holmes's bid to remain free during an appeals process that might take two years was a long shot

India, US special forces carry out wargames to support fighter aircraft ops

The US Air Force is scheduled to bring in F-15 Strike Eagle fighter jets but there may be some change in the schedule of the drill which was planned to begin on April 10

FedEx combines air, ground, other operations by next year to slash costs

FedEx will combine almost all of its ground, air and other operations by next year as part of a USD 4 billion cost cutting plan. The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled into a single entity by June 2024 in a companywide reorganisation. FedEx Freight, the company's freight transportation services division, will continue as a stand-alone company within Federal Express Corp. Raj Subramaniam will serve as president and CEO of the combined organisation. John Smith will become president and CEO of US and Canada ground operations at FedEx Express and assume leadership of surface operations across the FedEx Express, FedEx Ground, and FedEx Freight businesses. Richard Smith will serve as president and CEO, airline and international at FedEx Express, overseeing all other regions and FedEx Logistics. The company expects to realise permanent cost reductions of USD 4 billion from the reshuff

Ex-US Prez Trump arrives at Manhattan court to face criminal charges

Former US President Donald Trump arrived at a specially secured Manhattan courthouse on Tuesday ahead of his arraignment on history-making criminal charges related to paying hush money to a porn star before the 2016 presidential election in exchange for her silence. Trump, the first former US President to face a criminal charge, would surrender before Judge Juan Merchan. American media quoted Trump's attorneys as saying that the 76-year-old Republican leader, eying the White House for a second time in 2024, will plead not guilty to the criminal charges he is facing in connection with hush money payments to adult film star Stormy Daniels. After his court appearance, Trump will immediately fly back to Florida where he will deliver remarks at Mar-a-Lago in Palm Beach in the evening. The arraignment proceeding is expected to be brief. The charges in the indictment will be read to him at the hearing, which is set to last about 10-15 minutes. Trump has denied all wrongdoings in connection

Kangaroo Court: Donald Trump cries foul in 'last email before my arrest'

Trump also calls the judge who will arraign him "highly partisan" and says his family are "well-known Trump haters"

Pakistan rupee falls all-time low, struggles to unlock IMF funding

The Pakistani rupee sank to Rs 287.29 against the US dollar, a record low on Tuesday as the cash-starved country struggles to unlock critical International Monetary Fund (IMF) funding while dwindling foreign exchange reserves become another source of concern for investors, a media report said. The local unit, in the interbank market, closed at 287.29 against the US dollar, 0.78 per cent or Rs 2.25, down from Monday's close of 285.04, Geo News reported. Last month, the rupee hit a record low, closing at Rs 285.09 per US dollar on March 2, the data released by the State Bank of Pakistan (SBP) showed. According to financial experts, Financial importers have resumed the panic buying of US dollars, while the supply of foreign currency remained low in the interbank market. Pakistan's loan programme is yet to materialise months after it raised taxes and energy prices and allowed the currency to depreciate to meet IMF's conditions. The nation has missed multiple deadlines to resume its ...

US to provide military aid of $2.6 bn to Ukraine against Russian forces

The US will send Ukraine about $500 million in ammunition and equipment and will spend more than $2 billion to buy an array of munitions, radar and other weapons in the future, U.S. officials said, as the Ukrainian troops prepare for a spring offensive against Russian forces. The ammunition rounds, along with grenade launchers and vehicles, will be taken from military stockpiles so they can be in the war zone quickly, the officials said. The $2.1 billion in longer-term aid, which is being provided under the Ukraine Security Assistance Initiative, will buy missiles for the National Advanced Surface-to-Air Missile System, or NASAMS, as well as radar and other weapons, according to the officials, who spoke on the condition of anonymity because the aid had not yet been announced. An announcement is expected as soon as Tuesday. The new weapons and funding come as Russia has continued to bombard Ukraine with long-range missiles and the hotly contested battle for the eastern city of Bakhmu

Donald Trump set to be arraigned in Manhattan court on Tuesday: Report

Donald Trump is set to be arraigned on Tuesday after being indicted last week by a Manhattan grand jury on charges arising from hush money payments made to a porn star during his 2016 campaign, making him the first former US president to face a criminal charge and upending his bid to retake the White House in 2024. The 76-year-old is expected to fly to New York City from his Mar-a-Lago home on Monday and plans to return back to his resort in Florida following his court hearing, where he will address his supporters on Tuesday night, his office said Sunday. "I will be leaving Mar-a-Lago on Monday at 12 noon, heading to Trump Tower in New York. On Tuesday morning I will be going to, believe it or not, the Courthouse. America was not supposed to be this way! Trump wrote on his social media account on Truth Social Sunday, as the city braces for demonstrations from his supporters and protestors in the wake of the unprecedented criminal indictment of a former president. Trump, who is the .