The US House of Representatives is debating a bill that would authorise the President to impose sanctions on Russia and steep tariffs on its oil and gas trading partners, including India and China. The bill, aimed at pressuring Russia over the Ukraine war, has faced opposition but is expected to be put to a vote.
US lawmakers are racing to amend the Russia sanctions bill before recess. One amendment specifically names India, China, and other countries as potential targets for 100% tariffs due to their oil trade with Russia. Another significant amendment proposes to scrap the tariff section entirely, while others address presidential waiver powers and aid to Ukraine.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
The Indian government has introduced a 0.4% fee on UPI transactions above Rs 2,000 for merchants, effective October 15, sparking strong opposition from political parties and traders. Despite accusations of foreign influence and demands for a rollback, the finance ministry and top functionaries have stated there will be no reversal, citing the need for a self-sustaining digital payments ecosystem.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
Top American Senators on Monday called on Beijing to do more to stop violations of US intellectual property rights after the US International Trade Commission in a report said it found out Chinas infringement of IPR and discrimination against American industries.
A senior Pakistani official reveals the UAE is restricting visas for Pakistanis, while the UAE ambassador discusses visa facilitation reforms. Concerns about criminal activities and visit visa violations are cited.
Kerry is scheduled to head to India later this month for the fourth annual US-India Strategic Dialogue.
United States President Donald Trump has backed a sanctions bill that could impose 500 per cent tariffs on countries buying Russian oil, giving the White House leverage against countries like China and India to stop them from purchasing cheap oil from Moscow.
The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India -- he represents both a challenge and an opportunity, points out Aditi Phadnis.
Since the Doha negotiations began in 2001, the world has changed dramatically, Deputy US Trade Representative Michael Punke stated before the US Senate Finance Committee.
In less than a week of Donald Trump being sworn in as the 45th US President, the "H-1B and L-1 Visa Reform Act" was introduced to prioritise American workers and restore fairness in visa programmes for skilled workers.
The ruling Democratic Party will retain majority control of the United States Senate as two of its candidates are projected to win their pivotal races against Republican rivals, in a major boost to President Joe Biden in the second half of his term, both for his legislative agenda and his ability to appoint judges and other key officials.
Bajaj Finserv was the top gainer in the Sensex pack, rallying around 7 per cent, followed by Bajaj Finance, HDFC, L&T, ICICI Bank, Sun Pharma and NTPC. On the other hand, Tech Mahindra, ITC and M&M were the laggards.
'This victory would mean a huge inspiration for the next generation who can say that coming from India I can be anybody I want to be if I work hard and acquire the right skills.' 'They could be the next President, members of the Senate, or another Sundar Pichai.'
Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.
The report from the first request is scheduled to be delivered to Congress on December 15 this year.
'The Senators were playing safe, not angering either the pro-India lobby or the pro-Pakistan lobby, but perhaps more importantly, the military-industrial complex -- the most powerful lobby of all -- which the majority of Senators are beholden to in terms of largesse to their campaign coffers.'
Indian-American filmmaker Dinesh D'Souza, who had made a documentary on US President Barack Obama, has been indicted on charges of violating federal campaign finance laws.
The campaign said that, "the committee is comprised of diverse American communities of supporters, including those from Asian-American, South-Asian American, and Pacific Islander background, who will help raise funds to elect Senator Barack Obama as president and to strengthen and expand the Democratic Party."
Seema Verma, who was confirmed by the Senate on a vote of 55-43, will play a key role in the government's bid to repeal and replace" Obamacare and head the Centers of Medicare and Medicaid Services that provides health services to 130 million people.
The trade deal, officials say, can lead to an effective trading bloc against the China-led Regional Comprehensive Economic Partnership.
The Bilawal Bhutto-led Pakistan Peoples Party which won the third largest number of seats in the National Assembly in the elections appears to be split on whether to join a coalition government or sit on Opposition benches.
Political analysts believe that an aggressive Harris, 55, will easily prevail over Pence, 61, during the only vice-presidential debate and help her running mate Joe Biden, 77, to widen his lead over Trump, 74.
"We have great support from India. We have great support from Prime Minister Modi. I would think that the Indian (American) people would be voting for Trump," the President told reporters at a White House news conference.
As the United States focuses on the Indo-Pacific, in particular the Quad, the Biden administration needs to address India's ties with Russia and its 'downward trend of democratic values and institutions', said a report by the Democratic Party of the Senate Foreign Affairs Committee.
The statue, which is across the road from the Indian Embassy, was vandalised on the intervening night of June 2 and 3, prompting the Indian embassy to register a complaint with the local law enforcement agencies. The incident happened during the week of nationwide protests against the custodial killing of Floyd in Minneapolis on May 25.
Next week, US Secretary of State John Kerry travels to India for the fourth annual US-India Strategic Dialogue
The conspiracy theory about Harris started following a Newsweek Op-Ed by Dr John Eastman, who ran in the Republican primary to be California's attorney general in 2010. Trump did not give his opinion on it but acknowledged that he has heard about such claims circulating on social media that Harris is not eligible to be the president of the United States.
On the first night of the Republican National Convention on Monday, senior party leaders during their prime-time address said that the future of America was in danger if the November 3 polls resulted in the defeat of US President Donald Trump.
These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.
Political analysts believe that an aggressive Harris, 55, who aspires to be the first woman vice-president in history, will easily prevail over Pence, 61, during the only vice-presidential debate and help Biden, 77, to widen his lead over Trump, 74.
A US Senate panel has accused global banking giant HSBC of exposing the country's financial system to various terror financing, money laundering and drug trafficking activities with transactions worth billions of dollars, due to poor risk control systems at the bank.
'It's a very tough situation. We're talking to India. We're talking to China. They've got a big problem there'
United States Vice President-elect Kamala Harris has named her Chief of Staff, Domestic Policy Advisor and National Security Advisor -- an all-women team -- which she said has the experience to hit the ground from day one.
The US president is facing off against a series of accusations put together by a team of investigators.
Trump is demanding China to reduce the $375 billion trade deficit and protection of Intellectual Property Rights, technology transfer and more access to American goods to Chinese markets.
Pakistan has briefed the United States on the progress it made during military operations against terrorists in North Waziristan costing $1.3 billion (Rs 8080 crore) and sought America's help in defraying part of it.
US Treasury Secretary Timothy Geithner has said that he is in favour of expansion of H-1B visa programme, offered to highly skilled professionals and students to live and work in the country.
HSBC's India staff have come under the scanner for deficiencies in their role as 'offshore reviewers' of the global banking giant's compliance to safety mechanism against money laundering and terrorist financing.
