US Treasury backs stablecoins to strengthen global dollar dominance
The US Treasury Department has strongly endorsed stablecoins backed by government securities, arguing that they could reinforce the global supremacy of the US dollar. Treasury Secretary Scott Bessent made the case for digital assets during testimony before the Senate Banking Committee, defending new
India–EU FTA emerges as ‘game-changer’ for strategic and economic partnership
External Affairs Minister S. Jaishankar on Friday hailed the newly concluded India–European Union Free Trade Agreement (FTA) as a “game-changing development” that is set to reshape bilateral economic and strategic ties. Speaking at the inaugural India–EU Forum in New Delhi, Jaishankar emphasized that
India and Poland deepen strategic partnership under 2024–2028 Action Plan
India and Poland have taken another step toward deepening their strategic engagement, with senior diplomats from both countries reviewing the progress of their bilateral partnership and outlining key priorities under the 2024–2028 Action Plan. The discussions reflect a shared commitment to expanding cooperation
Trump’s trade deal with India threatens Russia’s oil revenues
Russia could face a sharp decline in oil revenue if the United States succeeds in persuading India to curb imports of Russian crude under a newly announced trade deal, energy analysts and market traders say. The potential shift comes at a critical moment
EAM Jaishankar meets Rubio and Bessent, strengthens India–US strategic ties
External Affairs Minister (EAM) S. Jaishankar held key meetings with top US officials in Washington, marking another high point in deepening India–US strategic and economic cooperation. Jaishankar met separately with US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent, covering a
Trust in India-US trade ties damaged but improving, says US expert
A senior US policy expert has cautioned that the newly announced India–US trade deal, while welcome, will not instantly repair trust damaged by months of tariff disputes and diplomatic friction. Evan A. Feigenbaum, Vice President for Studies at the Carnegie Endowment for International
Trump speaks with Xi Jinping; trade, Taiwan and Ukraine discussed
US President Donald Trump said he held a “long and excellent” phone conversation with Chinese President Xi Jinping, describing it as constructive and far-reaching, with discussions spanning trade, security, Taiwan, energy cooperation, and global conflicts. Trump said the leaders engaged in detailed talks
Tiruppur exporters expect investment boom and job growth after India–US trade deal
Tiruppur’s textile exporters are optimistic that the recently concluded India–US trade agreement will trigger a wave of investments, boost exports, and create large-scale employment in the region, according to the Tiruppur Exporters Association (TEA). TEA General Secretary Thiru Kumaran said the pact marks
Gandhi statue vandalised, stolen in Australia, India demands action
India has strongly condemned the vandalisation and removal of a Mahatma Gandhi statue from the Australian Indian Community Centre in Rowville, Melbourne, describing the act as deeply distressing and unacceptable. The Ministry of External Affairs (MEA) said it has taken up the matter
India–US trade deal is a ‘game changer’, says USIBC
The newly announced India–US trade agreement represents a major turning point in bilateral economic relations and has the potential to reshape ties between the two nations, according to Atul Keshap, President of the US-India Business Council (USIBC). Speaking to IANS, Keshap described the
From 50% to 18%: US reduces tariffs on India as Trump announces trade deal with India
The United States and India have reached a major trade agreement after a high-level phone call between President Donald Trump and Prime Minister Narendra Modi, marking a significant shift in bilateral economic relations. Trump announced that Washington would reduce tariffs on Indian goods
Melania documentary earns big opening but faces harsh critic reviews
The documentary Melania, centered on U.S. First Lady Melania Trump, made an impressive debut at the North American box office over the weekend, securing the third position in overall earnings. However, despite its commercial momentum, the film has been met with overwhelmingly negative
Trump claims he can fix UN financial crisis as US withholds $4 billion in dues
As the United Nations faces what its leadership has described as a severe financial emergency, former US President Donald Trump has insisted that he could resolve the crisis “very easily,” even as the United States continues to withhold nearly $4 billion in unpaid
EAM Jaishankar begins three-day US visit for critical minerals talks
External Affairs Minister (EAM) S. Jaishankar is set to begin a significant three-day visit to the United States from February 2 to 4, marking another important phase in deepening India–US strategic cooperation. The visit comes at a time when both nations are strengthening
Seychelles President Patrick Herminie to undertake first State Visit to India
Seychelles President Patrick Herminie will undertake his maiden State Visit to India from February 5 to 10 at the invitation of Prime Minister Narendra Modi, the Ministry of External Affairs (MEA) announced on Monday. This will be Herminie’s first official visit to India
India and Norway explore new initiatives to deepen economic and green-tech cooperation
India and Norway held high-level discussions aimed at strengthening economic cooperation and accelerating investments in sustainable and maritime technologies, signaling a renewed momentum in bilateral ties following recent trade agreements with Europe. Sibi George, Secretary (West) at India’s Ministry of External Affairs, met
Native American tribes urge Congress to boost policing and prevention programs
Native American tribal leaders and child welfare advocates have urged the U.S. Congress to strengthen law enforcement and expand prevention programs in Indian Country, warning that chronic understaffing and fragmented services are leaving Native children and families dangerously vulnerable. Appearing before the Senate
Deep civilisational bonds and brotherly ties anchor India–Arab partnership: PM Modi
Prime Minister Narendra Modi on Saturday hosted a high-level delegation of Arab foreign ministers, the Secretary General of the League of Arab States, and senior Arab officials, reaffirming India’s deep historical ties with the Arab world and outlining a forward-looking vision for stronger
Technological failure triggers massive power outage across Ukraine
A major technological failure on Saturday plunged large parts of Ukraine into darkness, triggering cascading blackouts across the country and disrupting public transport, officials said. Ukraine’s Energy Minister Denys Shmyhal reported that the incident occurred at 10:42 a.m. local time when several high-voltage
Trashy ruminations by convicted criminal: MEA rejects PM mention in Epstein files
India’s Ministry of External Affairs (MEA) on Friday outright rejected any implication linking Prime Minister Narendra Modi to material in recently released Jeffrey Epstein files, describing such references as “trashy ruminations” by a convicted criminal that should be dismissed with “the utmost contempt.”