Page 40 - Us

US GDP revised lower on weaker consumer spending in fourth quarter

Inflation-adjusted gross domestic product (GDP) increased at a 2.7 per cent annualised rate during the period, Commerce Department data showed

Global economy is in a better place today: US Treasury Secy Janet Yellen

US Treasury Secretary Janet L Yellen on Thursday said the global economy is in a better place today than many predicted just a few months ago, and the outlook has improved. She also stressed on the need for working together to ease the debt overhang that is holding back too many countries. "While there are significant headwinds, it's fair to say that the global economy is in a better place today than many predicted just a few months ago. In the fall, many were worried about a sharp economic slowdown across the world. The challenges we face are real, and the future is always uncertain. But the outlook has improved since we gathered in the fall," Yellen said. Speaking to reporters here, she said, in its most recent estimates, the IMF forecasts global growth of 3.2 per cent during 2023 a notable upgrade from its October report. The progress on our global macroeconomy is a result of our collective work, and it underscores the importance of redoubling our efforts going forward, she ..

Right-wing star Vivek Ramaswamy enters 2024 US Presidential race

his thoughts: no race-based job quota, kill climate religion, decouple from China, no central bank e-currencies

RBI onshore, offshore intervention helps rupee outperform: Traders

The rupee was little changed at 82.80 on the day despite an overnight jump in U.S. Treasury yields, after an unexpected rebound in U.S. business activity

Tesla now cheaper than average new car in the US, says report

Even before those cuts, it was the third best-selling SUV in the US last year, after the Toyota RAV4 and the Honda CR-V

Putin walks out of nuclear pact, says US and Ukraine were ready to attack

'West intends to transform a local conflict into a phase of global confrontation

'Fake Ebitda' masks risk in debt-laden companies, says report

The S&P analysts this week said the latest data reinforces their view that those Ebitda figures are "not a realistic indication of future Ebitda

Former US president Jimmy Carter to get hospice care at home: Report

After a series of short hospital stays, the statement said, Carter "decided to spend his remaining time at home with his family and receive hospice care instead of additional medical intervention."

China may soon be supplying arms to Russia, warns Antony Blinken

US will suffer 'consequences' if it escalates balloon incident, says Beijing

India, US making efforts for cooperation in civil nuclear energy sector

In the face of growing global concerns over energy security triggered by the Ukraine conflict, India and the US are giving a fresh look at exploring practical cooperation in the civil nuclear energy sector after failing to move forward since inking a historic agreement over 14 years back for partnership in the area. Ways for bilateral cooperation in areas of clean energy including nuclear commerce under the framework of the India-US nuclear agreement of 2008 figured prominently in the talks US Assistant Secretary of State for Energy Resources Geoffrey R Pyatt had with Indian interlocutors in Delhi on February 16 and 17. In an exclusive interview to PTI, Pyatt described India as a very crucial partner for the US in ensuring global energy security in view of serious disruptions in supplies of fossil fuel resulting from Russia's "brutal" invasion of Ukraine. Pyatt said the US supports Prime Minister Narendra Modi's "incredibly ambitious" energy transition goal of having 500 GW (gigawat

India's procurement of Russia's oil at low price furthering G7 policy: US

By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering the policy of G7 nations to reduce Russian oil revenues and Washington is comfortable with New Delhi on issues relating to energy security, a top Biden administration official has said. Assistant Secretary of State for Energy Resources Geoffrey R Pyatt told PTI in an exclusive interview that there is "no contradiction at all" in India remaining one of the key global partners of the United States and the country's increasing procurement of discounted Russian crude oil. The comments are seen as the first such clear articulation of the Biden administration's position on India's increasing procurement of discounted crude oil from Russia. Pyatt, during his February 16-17 visit to New Delhi, said India is a critical partner for the US on everything around energy transition and both sides are looking at an array of options to significantly expand the collaboration, including in th

First by an Indian PSU: GAIL scouting for 26% stake in US-based LNG project

Is open to either an existing plant or one scheduled to be commissioned by 2026-27; also wants to source one mtpa of gas the LNG liquefaction plant/project on FOB basis for 15 years

US updates immigration rules: Indian kids now closer to American Dream

US updates immigration rules: 'Dreamers' who came to the US legally with their parents stand to benefit

US inflation rises 0.5% in January, more interest rate hike likely

CPI is up 6.4% from the year-ago period; food and energy boosted the index

Michigan campus shooting: Nearly three killed, suspect found dead

The suspect was a 43-year-old man who "is not affiliated in any way with MSU

US heavy bombers at Aero India 2023 mark strategic partnership with India

Supersonic heavy bomber B-1B Lancer is capable of carrying out missions worldwide

Global shares mostly rise as investors waited for US consumer price data

Global shares mostly rose on Tuesday, boosted by a rally on Wall Street, as investors waited for US consumer price data due out later in the day. France's CAC 40 added nearly 0.1 per cent in early trading to 7,214.85, while Germany's DAX also rose less than 0.1 per cent, to 15,400.76. Britain's FTSE 100 gained 0.4 per cent to 7,976.92. The future for the Dow Jones Industrial Average rose 0.1 per cent while that for the S and P 500 gained 0.2 per cent. Sentiments are largely tracking the positive handover from Wall Street overnight, although much is still up in the air, Yeap Jun Rong, a market analyst at IG, said in a commentary. In a mixed sign of Japan's shaky recovery, government data showed the world's third largest economy grew at an annual pace of 0.6 per cent in October-December, as restrictions related to the coronavirus pandemic eased, both abroad and in Japan. Tourism recovered, as did local travel, and exports grew, the Cabinet Office reported. Japan's benchmark Nikkei 2

We are still pursuing: Navy Vice Chief about integrating US Predator drones

India is operating two predator drones which were hired on lease from an American firm and they have been helping the Navy to keep track of activities in the Indian Ocean Region

US crackdown aims to push crypto industry back to the fringes of finance

The regulators are effectively building a wall between crypto trading and the banking and securities markets to prevent the types of systemic vulnerabilities that led to the 2008 financial crisis

Aliens? Not ruling out, says US General as 4th UFO shot down

China spots UFO, says will take it down. Also, it says US balloons have flown illegally over its territory more than 10 times since 2022