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China has left America behind in electricity generation, says Paul Krugman; and adds how Donald Trump’s policies guarantee that the US will never catch up

US President Donald Trump China now generates more than twice as much electricity as the United States, solidifying its position as the world’s leading economic powerhouse, according to economist Paul Krugman. Writing this week, Krugman noted that China’s economy has surpassed America’s in real terms when measured at purchasing power parity, highlighting the growing gap…

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NYC schools sue the US Education Department over $47M in grant cuts tied to transgender policies: Here’s why it matters

New York City Public Schools have taken the federal government to court in a dispute that could reshape how protections for transgender students are enforced nationwide. The lawsuit, filed Thursday in Manhattan federal court, challenges the US Education Department’s decision to withhold $47 million in grants for 19 specialty magnet schools, citing policies that allow…

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Bihar elections: Pre-poll schemes put youth, women in focus; new policies unveiled | India News

NEW DELHI: PM Narendra Modi will inaugurate Jan Nayak Karpoori Thakur Skill University on Saturday. By honouring Thakur, NDA govt signalled a strategic outreach to these communities and reinforced backward caste consolidation in the poll-bound state.The launch anchors a series of Bihar-centric youth empowerment initiatives worth over Rs 62,000 crore nationally, with a sharp focus…

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‘Anchor of stability’: RBI guv hails India’s growth story amid volatile world; warns global trade policies could ‘permanently damage’ some economies

India’s strong economic fundamentals have positioned the country as a pillar of stability in a turbulent world, Reserve Bank governor Sanjay Malhotra said on Friday.He stated that the ongoing trade policy landscape restrictions could perhaps pose permanent damage to the growth of some economies, though India remains firm.“This is quite a feat…makes India stand out…

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K visa vs H-1B: China’s new visa effective October 1, 2025; will Trump’s immigration policies push talent to China? Explained

The newly introduced K visa, announced in August, aims to attract young international STEM (Science, Technology, Engineering and Mathematics) graduates. (AI image) China’s newly introduced K visa category, which is effective from October 1, 2025, is widely being seen as a counter (though not official!) to the Donald Trump administration’s crackdown on the H-1B visa…

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‘We need to fix India’: Howard Lutnick urges New Delhi to ‘play ball’ with Trump; ‘avoid policies that harm US’

Donald Trump‘s commerce secretary, Howard Lutnick, on Sunday said India must “react correctly” to the United States, adding that “we need to fix a bunch of countries,” amid the ongoing trade tensions demanding an end to policies “harming” American interests.In an interview with News Nation, Lutnick stated that India must open its markets and avoid…

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FIIs may return after year-long absence; attractive valuations, government policies support outlook: HSBC report

A day after HSBC’s upgrade of Indian equities to ‘Overweight’ from ‘Neutral’, citing attractive valuations, supportive government policies and resilient domestic flows, the brokerage anticipates the return of foreign institutional investors (FIIs) after a 12-month period of absence.HSBC noted that external positioning heavily favours markets like Korea and Taiwan, funded by selling Indian equities. However,…

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GST reforms: No input tax credit on commission for individual health, life insurance policies from Sep 22; insurers to bear cost

Insurers will no longer be able to claim input tax credit (ITC) on Goods and Services Tax (GST) paid on commissions and brokerage for individual health and life insurance policies from September 22, the Central Board of Indirect Taxes and Customs (CBIC) clarified on Tuesday. The move comes ahead of the implementation of the new…

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