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India imports a big portion of its LPG and LNG needs and has been looking to step up procurement from alternative sources. (AI image) Amid Strait of Hormuz-linked supply disruptions, India has reportedly sought a waiver from the US for buying liquified natural gas (LNG) from Russia. According to a Reuters report, India has approached…
NEW DELHI: The United States sees India as central to maintaining a favourable balance of power in the Indo-Pacific, a senior Trump administration official said on Tuesday, outlining a roadmap for deeper defence and strategic ties amid shifting global dynamics.Addressing an event at the Ananta Centre, US Under Secretary of War for Policy Elbridge Colby…
WASHINGTON: The Trump Administration is pushing for a leaner and more focused United Nations, with its top diplomat to the world body, Mike Waltz, telling lawmakers that the organisation must return to its core mission of maintaining peace and security.Testifying before lawmakers at a congressional hearing in New York, Waltz defended the administration’s effort to…
The Trump administration’s decision to curtail the activities of reporters at the Pentagon, which led to the departure of most news organisations from the building, was blocked on Friday by a federal judge in Washington.The court ruled in favour of a lawsuit brought by the New York Times, which accused the administration of free speech…
The TikTok US joint venture deal is expected to generate nearly $10 billion in payments for the administration of US President Donald Trump, poured in from involved investors, according to a report by the The Wall Street Journal citing sources. WSJ said that this payment forms part of an arrangement through which investors considered friendly…
Weeks after Trump’s tariffs were invalidated by the US Supreme Court, the administration has suffered another setback, with a New York federal judge ruling that the companies which paid the now-struck-down duties are entitled to refunds.Judge Richard Eaton of the US Court of International Trade, on Wednesday (local time), announced that “all importers of record”…
FedEx has approached the US Court of International Trade seeking a refund of tariffs imposed under President Donald Trump’s emergency measures. This follows last week’s 6-3 Supreme Court verdict which ruled that Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA), a sanctions law, to impose tariffs on imported goods. In…
After US Supreme Court’s blow to President Donald Trump’s tariff playbook last week, America is now gearing up for a new round of national security investigations that could open the gate for new duties. According to a person familiar with internal discussions cited by Bloomberg, the administration is planning probes into how imports affect several…
Imagine this: Your friends get together to sit on the couch with their laptops glowing, sipping their favourite drink, and a candle lighting in the background for ambiance. No loud music, no bars to hop – just friends tackling life’s boring paperwork – like paying bills, booking doctor’s appointments, cancelling subscriptions, etc – together. Welcome…
US President Donald Trump on Friday (local time) announced plans to cap credit card interest rates at 10% for one year, saying the move is aimed at easing affordability concerns for American consumers. He also criticised the previous Joe Biden administration for not checking high interest rates in recent years.In a post on Truth Social,…
