The US-Canada trade war has escalated sharply, with US President Donald Trump on Monday announcing that tariffs on Canadian cars, trucks, automotive parts and steel imports will be raised to 50 percent from January 2027, following the collapse of trade negotiations between Washington and Ottawa last week.
Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.
Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.
Carlos Alcaraz will partner Serena Williams in the U.S. Open mixed doubles, adding a blockbuster pairing to Serena's competitive return at Flushing Meadows.
The US Open has announced a record $108 million in prize money for this year's tournament, the largest purse in tennis history.
The US Commission on International Religious Freedom (USCIRF) has recommended sanctions against the Rashtriya Swayamsevak Sangh (RSS) and advised the US government against extending diplomatic courtesies to its leaders. This comes ahead of RSS Chief Mohan Bhagwat's visit to the US, with USCIRF officials citing allegations of attacks on religious minorities by RSS sub-groups. India has consistently rejected USCIRF's reports as biased and selective.
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
An Indian national, Jay Sunilbharthi Goswami, has been arrested and charged in the US for his alleged role as a "money mule" in a multi-million-dollar internet and telephone fraud scheme targeting elderly victims. Goswami, a Gujarat native, was detained in Canada while attempting to flee to Qatar, facing charges including wire fraud and money laundering.
Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.
Indian benchmark indices, Sensex and Nifty, closed flat on Friday, with elevated crude oil prices due to geopolitical uncertainties and a rebound in US Treasury yields making investors cautious and preventing a decisive market rally.
Indian benchmark equity indices, Sensex and Nifty, closed lower for multiple consecutive days, with the Nifty extending its losses to a seventh day, primarily due to elevated crude oil prices following the expiry of the US-Iran ceasefire without a diplomatic resolution.
World number one Jannik Sinner has announced his withdrawal from the upcoming U.S. Open due to a persistent right knee injury, despite intensive rehabilitation efforts.
Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.
India has strongly rejected remarks by the US Commission on International Religious Freedom (USCIRF) officials calling for sanctions against the Rashtriya Swayamsevak Sangh (RSS) and advising against diplomatic courtesies for its leaders. The External Affairs Ministry spokesperson labelled USCIRF a "biased" organisation with its own agenda, lacking credibility.
US Ambassador to India, Sergio Gor, announced during his visit to Srinagar that the United States would reconsider its travel advisories for Jammu and Kashmir. He acknowledged the efforts by the central government and Chief Minister Omar Abdullah in enhancing safety in the region, expressing hope that more Americans would visit the "incredibly beautiful place." Gor also met with CM Abdullah to discuss strengthening US-J&K relations.
Pakistan summoned US Charge d'Affaires Natalie Baker to lodge a "strong demarche" following remarks by US Ambassador to India Sergio Gor, who stated that Jammu and Kashmir is an important part of India. Pakistan's Foreign Office condemned Gor's characterisation, asserting that Jammu and Kashmir is an internationally recognised disputed territory and that the US ambassador's statement contradicted the US's long-standing position and commitment to international law.
Torn between loyalty to their comrades and disillusionment towards the cause for which they are fighting, they are beginning to cave in. Morale has been the casualty, points out Vice Admiral Biswajit Dasgupta (retd).
Two Indian-origin individuals, Pritesh Walia, a jazz guitarist, and Venkata Vasamsetty, a green-card holder grandmother, have been detained by US Immigration and Customs Enforcement (ICE) in separate cases, highlighting the Trump administration's intensified deportation and enforcement drive.
The US senate last week passed a bill that would allow Washington to impose tariffs on major buyers of Russian energy.
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
When you apply for a US visa, you need to be clear and honest about why you chose this course or country and what you plan to do with the qualification afterwards -- whether you will be returning home or building a career abroad, says Sonal Kapoor, global chief business officer, Prodigy Finance.
A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.
Two-time US Open singles champion Venus Williams has received a wildcard entry into this year's tournament, organisers said on Tuesday.
Carlos Alcaraz returns at the US Open after a four-month wrist injury layoff, aiming to defend his title and reignite his Grand Slam campaign.
World number one Jannik Sinner has withdrawn from the Cincinnati Open due to a right knee injury, impacting his preparations for the upcoming U.S. Open. This follows his earlier withdrawal from the Canadian Open and raises concerns about his fitness for the final Grand Slam of the year.
US states, including Delaware, New York, and New Jersey, are issuing proclamations to commemorate August 15 as 'India Day', recognising India's independence and the significant contributions of the Indian American diaspora to the American fabric.
Jammu and Kashmir Chief Minister Omar Abdullah announced he would meet US Ambassador Sergio Gor to discuss the regional situation but firmly stated he would not raise internal issues with the US representative. Abdullah emphasised that solutions to J&K's problems lie with the central government, not with foreign entities, maintaining his stance against complaining about India to foreign diplomats.
The White House has launched a major crackdown on the 'Great Transhipment Scam', accusing India and over 40 other nations of helping Chinese exporters bypass US tariffs by misrepresenting the origin of goods. The US plans to use AI-driven monitoring and anti-transhipment clauses in future trade agreements to strengthen enforcement.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, with the ongoing US-Iran standoff cited as a major factor impacting investor sentiment and raising concerns about inflationary pressures and currency volatility for oil-importing nations like India. Track Sensex, Nifty on August 14, 2026.
A 62-year-old Gujarati businessman from Mehsana's Aakhaj village was shot dead inside his store in Jackson, Tennessee, USA, with his 19-year-old daughter present during the incident, a village resident said.
Women's sports garnered 28.6 billion minutes of views in the U.S. in the first half of 2026, an 18% increase year-over-year, with advertising spend up 120% since 2022, according to a Nielsen report.
The US military has lost at least 45 MQ-9 Reaper drones during the conflict with Iran, representing a quarter of its fleet and a significant financial blow. These losses, some due to communication failures, raise questions as India recently signed an agreement to procure 31 of these drones.
The US Citizenship and Immigration Services (USCIS) is updating Form I-485 for permanent residence, effective September 18, 2026, with no grace period for older versions. This change, aligning with public-charge inadmissibility rules, significantly impacts Green Card applicants, particularly Indian nationals facing visa backlogs, who must use the correct form version to avoid rejection.
The US on Monday announced that it had revoked more than 1.75 lakh visas during President Donald Trump's tenure for a range of crimes from reckless driving to sexual assault.
A US federal court has postponed the sentencing of Nikhil Gupta, who admitted guilt in a plot to assassinate Sikh separatist Gurpatwant Singh Pannun, to November 20. The delay was requested by the "intended murder victim" to allow for their participation in the sentencing hearing.
United States Secretary of War Pete Hegseth has rejected a CNN report claiming that the Pentagon's missile defence stockpiles have fallen to 'dangerously low levels' amid the conflict with Iran.
A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.
Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.
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.
