The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.
The US Department of Homeland Security has proposed a nearly 75 per cent increase in the filing fee for Form N-400, the application for US citizenship through naturalisation, raising it from $760 to $1,330. The proposal also seeks to eliminate reduced-fee options and fee waivers, potentially impacting thousands of immigrants, including Indians.
Sahith Theegala, Akshay Bhatia, and Aaron Rai made history at the US Open by all finishing inside the top-20, marking a significant achievement for golfers of Indian origin. Wyndham Clark secured his second US Open title.
Tell us that one story about them that you cannot forget. Or the one thing they did for you that changed your life. Write to us at getahead@rediff.co.in (subjectline: Father's Day). Do mention your name and where you are from. Please do share pictures of your father/father figure.
'My father has always led by example and much of who I today come from following the values I saw him practise every day,' says Imran Khan from Muscat, Oman.
The US Senate passed a resolution directing then-President Donald Trump to withdraw American forces from the conflict with Iran. This bipartisan vote, though largely symbolic as a concurrent resolution, highlighted congressional concerns over potential escalation and a desire to limit presidential military authority without legislative approval.
India and the United States have reviewed progress on a proposed interim bilateral trade agreement, discussing market access, digital trade, and non-tariff barriers, as they race to finalise a deal before a temporary 10 per cent US tariff regime expires on July 24.
Indian women's doubles pair Treesa Jolly and Gayatri Gopichand advanced to the second round of the US Open Super 300 badminton tournament. Rounak Chouhan also secured a spot in the men's singles main draw, while other Indian players like Kidambi Srikanth and several women's singles participants are set to compete.
Top leaders from the US, Iran, and Pakistan, along with other nations, have gathered in Switzerland for high-level talks aimed at restoring peace in West Asia. These negotiations follow a recently signed Memorandum of Understanding between the US and Iran, initiating a 60-day window for a deal. Discussions focus on Iran's nuclear programme and the fragile interim peace deal, amidst renewed tensions and the fluctuating status of the Strait of Hormuz.
Pakistan Prime Minister Shehbaz Sharif clarified that the recent Memorandum of Understanding (MoU) signed between the US and Iran does not include provisions regarding Tehran's ballistic missile programme. This statement followed talks with Iranian President Masoud Pezeshkian, with Sharif emphasising Iran's right to its defence capabilities and Pakistan's role as a mediator in the US-Iran peace process.
Indian-American golfer Sahith Theegala is T-2 after the third round of the 2026 US Open, carding an even-par 70. He shares second place with Scottie Scheffler, Tom Kim, and Sam Stevens, positioning himself as a strong contender for the final round, though leader Wyndham Clark holds a six-shot lead.
The US and Iran have agreed on a roadmap aimed at reaching a final agreement within 60 days after hours-long talks at the Swiss resort of Burgenstock, mediators Qatar and Pakistan said on Monday, describing the progress as "encouraging."
The Indian stock market's movement this week will be significantly influenced by the outcome of US-Iran talks, global crude oil prices, and the trading activities of foreign institutional investors (FIIs), according to market analysts.
US Vice President JD Vance has postponed his visit to Switzerland for technical talks with Iranian negotiators, citing logistical issues. These negotiations are crucial for finalising the details of a recently signed peace deal between the US and Iran, which aims to end the conflict in West Asia and includes a 60-day period for technical discussions.
Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.
Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.
The US Department of Defence has restored the name of the US Indo-Pacific Command to the US Pacific Command, reversing an eight-year-old decision. This change honours the command's deep historical roots, established in 1947, while its vast area of responsibility, extending to India's western border, and its mission remain unchanged.
Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.
In a major shift in Middle Eastern energy and security dynamics, the US Department of the Treasury on Monday issued a temporary 60-day general licence authorising transactions related to the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products.
Iranian President Masoud Pezeshkian is on a state visit to Pakistan to discuss the full implementation of an agreement signed between Iran and the US, alongside regional and international developments. The visit also aims to strengthen bilateral cooperation across various sectors, following recent high-level talks between the US and Iran in Switzerland regarding regional security.
The US has warned India that any violation of its naval blockade in the Strait of Hormuz and illicit transport of Iranian oil will not be tolerated, a statement made amidst a diplomatic row over the deaths of Indian seafarers in US attacks on commercial vessels off the coast of Oman.
US Vice President J D Vance confirmed that peace talks with Iran are underway in Switzerland, with negotiators Steve Witkoff and Jared Kushner already present. Vance plans to join soon, expressing confidence in the US's strong negotiating position despite a delay caused by recent Israel-Lebanon firing.
Pakistan Prime Minister Shehbaz Sharif on Thursday signed the historic peace deal between the United States and Iran as a guarantor; the agreement will see the immediate reopening of the Strait of Hormuz and the lifting of the US naval blockade.
The Iranian football team is facing significant travel restrictions in the US during the World Cup, requiring them to enter and leave within 24 hours of matches. This has led the Football Federation of Iran to lodge a formal complaint with FIFA, citing concerns over fair play and technical preparation, while US authorities maintain the measures are for safety and security.
On June 21, the United States and Iran started high-level talks at the Burgenstock luxury hotel in Switzerland, with mediation by Qatar and Pakistan, in an effort to build on a fragile ceasefire and launch a 60-day roadmap toward a broader agreement.
Ebrahim Azizi, Head of the Iranian Parliament's National Security Committee, warned the US against interfering with the Strait of Hormuz, asserting Iran's sovereignty after former President Donald Trump threatened to 'take over' the strategic waterway. Despite the heated rhetoric, Iran and the US have established a direct communication line to prevent incidents during a 60-day negotiation period.
The United States and Iran are scheduled to hold their initial round of talks in Switzerland on Friday, following a ceasefire agreement virtually signed by US President Donald Trump and Iranian President Masoud Pezeshkian.
The first round of the US Open saw Indian-American golfer Akshay Bhatia finish 1-over with four holes remaining, despite a challenging start and fog delays. While Bhatia provisionally stood T-29, other Indian-origin players like Sahith Theegala, Sudarshan Yellamaraju, Manav Shah, and Aaron Rai experienced mixed results, with former champion Wyndham Clark leading the field before play was suspended due to darkness.
Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.
Following a Memorandum of Understanding between the US and Iran to resolve the West Asia conflict, eleven India-bound vessels have successfully transited the Strait of Hormuz. This development signals a positive shift for maritime trade, with more Indian-flagged ships expected to pass through the crucial waterway soon.
Australia's assistant coach Hayden Foxe states that the Socceroos are mature enough to handle media hype and social media comments ahead of their World Cup match against co-hosts the United States. Despite being written off by some US commentators, the team is confident after a strong start to the tournament, having defeated Turkey 2-0. Players are focused on the upcoming game, drawing motivation from past criticisms while remaining grounded.
Trump lauded the defence relations between India and US and affirmed support precisely for the PM Modi-led nation during conflict situations.
Iran's players say adversity has united Team Melli after a resilient 0-0 draw against Belgium kept their World Cup knockout hopes alive. A win over Egypt could secure a historic first-ever place in the last 32.
NITI Aayog member Abhay Karandikar stated that the US government's new export controls, which led AI giant Anthropic to take its latest models offline, underscore the critical need for India to achieve self-reliance in technology development, particularly in AI infrastructure and hardware.
India's foreign policy establishment is adjusting with alacrity in real time -- an extraordinary spectacle in itself, considering the manifest reluctance to indulge in public diplomacy critical of American moves, observes Ambassador M K Bhadrakumar.
Indian benchmark equity indices, Sensex and Nifty, extended their rally for a fifth consecutive session, driven by optimism surrounding a potential US-Iran peace deal and a significant drop in crude oil prices. Despite hawkish remarks from the US Fed, investors remain hopeful that easing energy prices could temper inflationary pressures.
US President Donald Trump announced a finalised peace deal between the US and Iran, set for signing on June 19 in Switzerland, with key figures like J D Vance, Steve Witkoff, and Jared Kushner from the US side, and Abbas Araghchi and Mohammad Bagher Ghalibaf representing Iran, alongside Pakistani mediators Field Marshal Asim Munir, Shehbaz Sharif, Ishaq Dar, and Mohsin Naqvi, playing crucial roles in the diplomatic breakthrough.
United States President Donald Trump and Iranian President Masoud Pezeshkian have virtually signed a 14-point memorandum of understanding (MoU) to end hostilities, reopen the Strait of Hormuz, and begin a 60-day negotiation process on sanctions and Iran's nuclear programme.
Andrew Giuliani, executive director of the White House Task Force for the World Cup, confirmed that the US will continue to assess Iran's travel arrangements for the tournament despite their complaints about restrictions.
Israel's Defence Minister Israel Katz declared that the Israeli military will not withdraw from its security zones in Lebanon, Syria, and Gaza, directly opposing the newly announced American-led diplomatic framework with Tehran. National Security Minister Itamar Ben-Gvir further asserted Israel's sovereignty, stating, "Trump's agreement does not bind us. Israel is not subject to the United States, and we are an independent and sovereign nation!"
