New dollar bills announced in U.S.: timeline and security updates
By: Avi Verma MD(h)In an effort to combat counterfeiting and strengthen the security of U.S. currency, the Federal Reserve and the Bureau of Engraving and Printing are embarking on a nationwide redesign of all dollar bills. This extensive project, backed by the Advanced Counterfeit
Pete Buttigieg announces automatic refund rule for canceled U.S. flights ahead of busy holiday season
By: Avi Verma MD(h)In a major win for U.S. travelers, airlines are now required to issue automatic cash refunds if a flight is canceled or significantly delayed. The new rule, implemented by the Department of Transportation (DOT), eliminates the need for passengers to formally
India outpaces US in IPO listings with 36% global share in July-September period
India has emerged as a dominant force in the global IPO market, capturing 36% of total listings in the third quarter of 2024, significantly outpacing the US, which held a 13% share, according to a report released by EY India. The impressive performance
Trump Criticizes China, Claims U.S. Military is Superior
At a campaign rally, Republican Presidential Candidate Donald Trump declared that in a confrontation with China, “we will kick their ass,” asserting, “We have the greatest military in the world.” Criticizing what he described as a decline in global respect for the U.S.
US and Qatar resume Gaza peace talks: Blinken pursues fresh options for ceasefire
In a renewed push for peace, the United States and Qatar have announced the resumption of talks aimed at brokering a ceasefire in Gaza. U.S. Secretary of State Antony Blinken confirmed that efforts are underway to explore new avenues for ending the long-standing
The Electoral College: A controversial system in U.S. Presidential Elections
Dr.(H) Avi Verma The U.S. has a unique system for electing its president, known as the Electoral College. Unlike most democratic elections around the world, where the popular vote determines the winner, the Electoral College introduces a layer of complexity. This system allows
South Korea and US Launch Joint Large-Scale Air Exercise
South Korea and the United States have commenced a significant joint air exercise, aimed at enhancing readiness against potential threats from North Korea, as announced by the South Korean Air Force on Thursday. The 12-day Freedom Flag exercise began earlier this week, mobilizing
Indian D2C Jewellery Segment Secures $103 Million in Funding, Outpacing US
The Indian direct-to-consumer (D2C) jewellery sector, which boasts over 550 startups, has raised $103 million in funding so far this year, as reported on Thursday. In 2023, the total funding for the D2C jewellery segment in India reached $104 million, marking a 57%
Federer, Nadal Congratulate Thiem on His ‘Illustrious Career’ as Austrian Retires
Tennis legends Roger Federer and Rafael Nadal have congratulated Dominic Thiem on his retirement following a first-round defeat to Luciano Darderi at the Erste Bank Open. Thiem, who won the 2020 US Open and reached the finals of three other Grand Slams, enjoyed
South Korean and US Air Force Commanders Discuss North Korean Threats
South Korean and US Air Force commanders convened for their annual meeting to address North Korea’s provocations, as tensions rise following the North’s destruction of inter-Korean roads. The two-day Air Boss Conference (ABC), which began on Monday at Osan Air Base in Pyeongtaek,
Israel and US Begin Implementation of $5.2 Billion Air Defense Aid Package
Israeli and US officials have commenced the implementation of a $5.2 billion emergency aid package aimed at strengthening Israel’s air defense capabilities. The two sides have completed an exchange of letters to kick off the package, which will enhance Israel’s Iron Dome anti-rocket
US Urges Azerbaijan to Finalize Peace with Armenia by Year-End
President Joe Biden has reached out to Azerbaijani President Ilham Aliyev, urging the conclusion of a peace agreement with Armenia by the end of 2024. This announcement was made on the official website of the Azerbaijani president, following the delivery of Biden’s letter
US and Germany: Sinwar’s Death Could Help End Gaza Conflict
The United States and Germany have stated that the death of Hamas leader Yahya Sinwar could “create momentum to end the conflict in the Gaza Strip.” In a joint statement released on Friday, German Foreign Minister Annalena Baerbock and US Secretary of State
US Sanctions Two Indians for Alleged Connections to Houthi Network
The United States has imposed sanctions on two Indian nationals for their purported involvement with a Houthi network accused of transporting Iranian oil to finance activities that disrupt shipping in the Red Sea and conduct attacks on Israel. The individuals sanctioned are Rahul
7 in 10 Adults Over 50 Distrust AI-Generated Health Information: US Poll
A recent US poll reveals that 74% of individuals over the age of 50 have little to no trust in health information generated by artificial intelligence (AI). The survey, conducted by the University of Michigan and AARP as part of their “National Poll
South Korea, US, and Japan Summit Expected by Year-End
The leaders of South Korea, the United States, and Japan are anticipated to hold a trilateral summit toward the end of this year, as indicated by South Korea’s national security adviser. Earlier, Seoul’s presidential office reported that US President Joe Biden proposed this
US Monitoring North Korea’s Support for Russia: Pentagon
The US is actively monitoring North Korea’s support for Russia, according to a Pentagon spokesperson. This comes after reports surfaced that six North Korean military officers were killed in a Ukrainian missile strike in Russian-occupied territory near Donetsk last week. Ukrainian media have
EAM Jaishankar Engages in ‘Productive’ Talks with US NSA Sullivan
External Affairs Minister S. Jaishankar had a “productive” meeting with US National Security Advisor Jake Sullivan on Wednesday. In a post on X, Jaishankar expressed that the conversation covered bilateral cooperation and offered valuable insights into global politics. A formal statement from the
Tokyo Stocks Rise on Weaker Yen and US Gains
Tokyo stocks climbed on Tuesday after a sharp drop the previous day, as bargain hunters capitalized on the dip, boosting the index. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, rose by 1.93%, or 732.42 points, closing at 38,651.97. The market
US Leads with 5,388 Data Centres as India Prepares for Data Centre Boom
As demand for data centers surges due to rising cloud and AI adoption, the United States currently dominates the global market with 5,388 data centres—ten times more than China and most European countries. This positions India on the brink of a significant data