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AMERICAN ECONOMY
InCred Capital expands global footprint with launch of US operations; appoints Arunava Das as CEO, North AmericaInCred Capital, the institutional, wealth and asset management arm of InCred Group, announced the launch of its US operations with the open...
US retail sales beat expectations in May as energy costs stay highUS retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent inc...
PM Modi holds 'very fruitful' meeting with German Chancellor Merz at G7, discuss trade, defencePrime Minister Narendra Modi met German Chancellor Friedrich Merz at the G7 Summit. They reviewed the India-Germany Strategic Partnership a...
AI executives gather at G7 as Europeans seek checks on American dominanceIn a rare huddle of AI industry figures, leaders of three of the most powerful AI companies -- OpenAI CEO Sam Altman, Google DeepMind CEO D...
PM Modi, Trump swap notes ahead of meeting on G7 sidelinesPrime Minister Narendra Modi met with US President Donald Trump at the G7 Summit in France. They discussed bilateral cooperation and global...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia warAmerica's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage econo...
US-Iran deal could leave Gulf states in the lurch: analystsGulf nations face a precarious future after Iran's attacks. A new deal offers only a temporary reprieve, leaving them vulnerable to regiona...
America's shutdown of Anthropic's AI models is not a surprise. And India has seen it coming for 30 yearsThe US government's export control order on Anthropic's advanced AI models, blocking non-American nationals, highlights a long-standing Ind...
Indian AI startups pitch for funds from venture capitalists in US: Anirudh ArunIndian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns...
Trump approval rating crashes to historic low among rural Americans, including those who voted for Republican PresidentTrump approval rating: U.S. President won rural voters by 40 points in the 2024 election, up from 31 points in the 2020 election and 25 poi...
Trump's support in rural America slips as fuel and food prices climb, Reuters/Ipsos poll showsIn a challenging political landscape, President Trump faces an uphill battle with rural Americans, whose approval ratings are slipping. The...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
Quote of the day by ex-American President Harry S Truman: 'Three things can ruin a man: power, money and women...' Lessons on the dangers of excess from the US leaderFormer US President Harry S. Truman famously warned that power, money, and women can ruin a man. His quote highlights how excessive pursuit...
Four Indians feature in Forbes’ top 50 most successful immigrants in AmericaFour Indian-born business leaders, including Vinod Khosla and Naval Ravikant, have been recognized in Forbes' "America's Most Successful Im...
World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
Quote of the day by Franklin D Roosevelt: 'In politics, nothing happens by accident. If it happens, you can bet it was...' - A timeless reminder that power often operates behind the scenesFranklin D. Roosevelt, a transformative US President, led the nation through the Great Depression with his New Deal programs and guided it ...