US warns Iran of ‘severe consequences’ after it launches missiles into Israel

US warns Iran of ‘severe consequences’ after it launches missiles into Israel

The United States warned Iran that it would face severe consequences for its ballistic missile attack on Israel on Tuesday, saying the barrage marked a significant escalation but appeared to have been thwarted. President Joe Biden expressed solid US support for Israel and described Iran’s attack as ineffective. He said there was a discussion under … Read more

India a global leader in breakthrough innovations, says Bill Gates

India a global leader in breakthrough innovations, says Bill Gates

Reuters | Photo Credit: Reuters India is a global leader with breakthrough innovations, American businessman and Microsoft founder Bill Gates has said as he joined Indian Americans to celebrate the first ever India Independence Day celebrations of the newly-opened Indian Consulate in Seattle. Mr. Gates, chairman of the Gates Foundation, flagged off the first India … Read more

US Inflation falls to 3-year low, clearing the way for Fed to begin cutting rates

US Inflation falls to 3-year low, clearing the way for Fed to begin cutting rates

Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. Wednesday’s report from the Labor Department showed that consumer prices rose just 0.2% from June to … Read more

Fed’s Jerome Powell: “More good data” will “strengthen” case for rate cut

Fed’s Jerome Powell: “More good data” will “strengthen” case for rate cut

Inflation “remains above” the U.S. Federal Reserve’s 2% target, but has been improving in recent months and “more good data would strengthen” the case for central bank interest rate cuts, Fed Chair Jerome Powell said on Tuesday in congressional testimony. In comments that appeared to show increasing faith that inflation will return to the Fed’s … Read more

Sri Lanka says it will not ban any foreign research ships from its ports from next year

Sri Lanka says it will not ban any foreign research ships from its ports from next year

Sri Lanka has decided to lift from next year a ban on the visit of foreign research ships imposed after strong security concerns raised by India and the US following frequent docking requests from hi-tech Chinese surveillance vessels, the Japanese media reported. The change in position was conveyed by visiting Sri Lankan Foreign Minister Ali … Read more

TikTok parent seeks to fast-track suit over US divest-or-ban law

TikTok parent seeks to fast-track suit over US divest-or-ban law

New York: China-based ByteDance Ltd. asked an appeals court to speed up its lawsuit challenging a US law that would force it to sell the TikTok video-sharing app or face a ban. “Prompt consideration of these cases is needed to avoid irreparable harm,” lawyers for ByteDance and TikTok said Friday in a filing in the … Read more

Video of auto-rickshaw spotted in California leaves Internet in frenzy

Video of auto-rickshaw spotted in California leaves Internet in frenzy

Auto-rickshaws, also known as tuk-tuks, are a common sight on the streets of India, serving as a popular mode of transportation for millions of people. Whether it’s commuting to work or navigating through crowded city lanes, these vehicles play a crucial role in everyday life. However, encountering an auto-rickshaw outside of India is a rarity. … Read more

India offered sugarcane sop vastly in excess of WTO limits: US and Australia

India offered sugarcane sop vastly in excess of WTO limits: US and Australia

New Delhi: US and Australia alleged India of giving subsidies to sugarcane farmers far exceeding limits set in global trade norms.The two countries told the WTO that they estimated that over the period 2018-19 to 2021-22, New Delhi provided sugarcane subsidy between 91-100%, which was “vastly in excess of the limits set out” at 10% … Read more

Watch | Campus protests in U.S. | Will it impact presidential elections?

Watch | Campus protests in U.S. | Will it impact presidential elections?

First let’s tell you where the U.S. election campaign is- We are about 2 months from the Republican National Convention- despite cases against him, Mr. Trump seems set to be the candidate About 3 months from the Democratic Convention- where despite concerns about his age and health, Mr. Biden is the confirmed candidate And about … Read more

Gold price hovers near record high as silver sees profit booking after touching all-time high

Gold price hovers near record high as silver sees profit booking after touching all-time high

Gold prices opened on the Multi Commodity Exchange (MCX) on Friday at Rs 69,475 per 10 grams and hit an intraday low of Rs 69,297. In the international market, prices hovered around $2,279.76 per ounce. Meanwhile, silver opened at Rs 79,339 per kg and hit an intraday low of Rs 78,777 on the MCX. In … Read more