The call lasted approximately one and a half hours, and resulted in a very positive conclusion for both countries.
Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.
The United States has imposed sanctions on 275 individuals and entities, including 15 from India, for allegedly supporting Russia's military-industrial base.
On Wednesday, protests erupted across the United States in response to President Donald Trump's recent actions.
Trump on February 1 had announced tariffs on major US trading partners Canada, Mexico and China. He imposed a 25 per cent tariff on Canadian and Mexican imports and a 10 per cent on goods from China.
'I don't see 88 per dollar now.'
The United States Department of Government Efficiency (DOGE), led by Elon Musk has announced cancelling a $22 million funding intended for 'voter turnout in India' on Saturday (Local Time).
The deportation of Indians from the United States, deaths in the Maha Kumbh stampede and the joint Parliamentary committee report on the Waqf bill were among the issues that led to heated exchanges and some disruptions in an otherwise smooth first part of the Budget session that ended on Thursday.
If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.
The Punjab Assembly on Monday unanimously passed a resolution to not release any water from its share to Haryana, citing the state's water scarcity. The resolution also demanded the reorganization of the Bhakra Beas Management Board (BBMB) and the repeal of the Dam Safety Act of 2021. The decision comes amid a stand-off between the two states over the distribution of water from the Bhakra dam. The resolution was moved by Punjab's Water Resources Minister Barinder Kumar Goyal, who accused the BJP of trying to take away Punjab's water rights. The resolution was supported by all parties, including the opposition, which termed the Dam Safety Act of 2021 as an "attack" on the rights of Punjab. The resolution also criticized the BBMB, calling it a "puppet" of the BJP-led central government. The Punjab government maintains that the state does not have surplus water to spare and needs it for the upcoming paddy sowing season. The resolution has triggered strong reactions from the BJP, which has accused the Punjab government of politicising the issue.
Standing near the noose, he recited a couplet in which he said he wished nothing but to sacrifice his life for the motherland. Utkarsh Mishra remembers Ram Prasad Bismil on the revolutionary leader's 128th birth anniversary.
The 18 companies sanctioned include Marshall Islands-registered Changtai Shipping and Motionavigations Limited and UAE-based Indo Gulf Ship Management.
In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.
We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.
Bihar Chief Minister Nitish Kumar engaged in a heated exchange with Leader of the Opposition Rabri Devi in the Legislative Council, dismissing her as "inconsequential" without her husband, RJD president Lalu Prasad. The spat stemmed from RJD MLCs wearing badges promoting quota hikes passed during Tejashwi Yadav's tenure as Deputy CM, which Nitish Kumar perceived as an attempt to claim credit for the populist move. Kumar also remarked that Rabri Devi was only propped up by her husband when he was in trouble, referring to her becoming Chief Minister in 1997 while Lalu Prasad faced corruption charges. The war of words between the two rivals has intensified, with the RJD accusing Kumar of losing his mental balance and being unfit to rule.
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.
Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
'International cricket is incomplete without Pakistan.'
Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.
Samajwadi Party MLA Abu Asim Azmi was on Wednesday suspended from the Maharashtra legislative assembly till the ongoing budget session ends on March 26, over his remarks eulogizing Mughal emperor Aurangzeb.
Raising overseas debt has become prohibitively expensive due to the depreciating rupee.
WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.
The US treasury department informed about the sanctions following the October 7 attacks on Israel by Hamas.
'There is also a possibility that Andhra Pradesh may demand a similar package. But as of now, we are only working on a package for Bihar.'
United States President Barack Obama, in an effort to rejuvenate the battered US economy, on Thursday nominated his chief-of-staff and budget specialist Jack Lew as the next treasury secretary.
Neel Kashkari, who was nominated by President George W Bush to the post of Assistant Secretary of Treasury for International Affairs, has been confirmed by the Senate and has begun work in his new job, even if it is only for the next six months.
The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion.
The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term beginning April 9.
Rajya Sabha Chairman Jagdeep Dhankhar on Friday said a wad of currency notes was recovered by security staff from the seat allotted to Congress MP Abhishek Manu Singhvi.
Opposition parties on Tuesday submitted a notice to move a motion for removing Vice President Jagdeep Dhankhar for allegedly conducting the House in a partisan manner.
Proceedings of both Houses of Parliament were disrupted on Monday as the treasury benches accused top Congress leaders of colluding with billionaire investor George Soros to destabilise the country, triggering protests from opposition members.
Finance Minister Nirmala Sitharaman on Tuesday, April 11, 2023, met with US Treasury Secretary Janet Yellen in Washington, DC.
A delegation of high-level executives from US public pension funds (non-profit and government sectors) is visiting India next week to assess and familiarise themselves with the investment opportunities in the country. These executives belong to various American states and cumulatively represent $1.8 trillion in assets under management (AUM) invested across the US and global markets. The United States (US) mission to India, which includes its embassy and consulates and the Department of Treasury, along with India's Ministry of Finance and the National Investment and Infrastructure Fund (NIIF), is hosting the delegation.
Union Finance Minister Nirmala Sitharaman, BJP national general Secretary Dushyant Kumar Gautam, BJP state unit president B Y Vijayendra, and former chief ministers B S Yediyurappa and Basavaraj Bommai were among those present at the legislature party meeting, where R Ashoka was picked as its leader.
Meanwhile, US President Joe Biden condemned Russia's annexation of Ukrainian territory on Friday.
BJP members, including the Leader of Opposition Sunil Sharma, opposed the resolution, saying it was not part of the listed business.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.
From the word go, Bihar growled its needs out when an MP from the state said aloud: "Give something for Bihar also, Madam." Every time the Budget mentioned cities and towns in Andhra Pradesh, "Kursi Bachao" was the call from Congress MPs.
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