Hillary Clinton has proposed measures including new taxes for trading to hold Wall Street accountable.
The US is reportedly considering a USD 100,000 fee for Optional Practical Training (OPT) visas, which allow international students to work in the US after graduation. This move by the Trump administration follows a rejected H1-B visa fee proposal and could significantly impact foreign graduates and tech companies. The Department of Homeland Security is also exploring a USD 100,000 bond for green card applicants.
The latest development comes as diplomatic efforts between Washington and Tehran continue despite renewed hostilities. CNN reported that US and Iranian officials are still working towards a nuclear agreement by mid-August, even as preparations for possible military action have continued in parallel.
An AP tweet, which an AP spokesman says was "bogus," had said there were two explosions at the White House.
Former IAS officer Divya Mittal has launched her new political party, Jan Neeti Bharat, with the aim of contesting the 2027 Uttar Pradesh assembly elections and redefining governance by making people central to policymaking and ensuring government accountability.
The S&P and Dow dipped the most in a day since September 28.
The much-awaited trial of Raj Rajaratnam, founder of erstwhile Galleon Group, who has been indicted by Federal authorities in the biggest insider trading case on the Wall Street, began on Tuesday in Manhattan Federal Court.
A Goldman Sachs report indicates that up to 12% of India's non-agricultural workforce is at risk of substitution by generative AI, while 42-48% could be complemented. The report highlights uneven impacts across sectors and job types, with IT-enabled services facing higher risk and physical tasks remaining less affected. Gen-AI is projected to boost India's labour productivity growth over the next decade.
US President Barack Obama has claimed victory as the Senate voted to end debate on a massive Wall Street overhaul package, which is said to be the most sweeping reform of the country's financial regulatory system since the Great Depression.
Wall Street-correlated stock markets are facing the risk of correction, as Christopher Wood, the global head of equity strategy at Jefferies, conveys to investors in his latest edition of GREED & fear. Rising crude oil prices, which are nearing $100 a barrel (Brent), pose a threat to the global central bank's battle against inflation and have led to a re-evaluation of its exposure to Indian stocks. "The potential for more US Federal Reserve (Fed) rate hikes, combined with the risk that monetary tightening finally bites as regards the economy, remains a risk for Wall Street-correlated world stock markets. "There is also the oil factor. This is why GREED & fear continues to believe the pain trade is down. "Areas in Asia, such as Indian midcaps, which have already done very well, are at obvious risk of some profit-taking," writes Wood.
The new circuit breaker rules have been proposed by the Securities and Exchange Commission, National Securities Exchanges and the Financial Industry Regulatory Authority.
Authorities in Australia, Israel, and the UAE are investigating an Omani co-pilot's attempted "terrorist act" on a flydubai flight. The co-pilot, identified as Hamam al-Hammami, attacked the Indian captain with a crash axe, but passengers and reserve pilots managed to land the plane safely. The probe focuses on his motives, connections, and past radical views.
We are not worried about what happened today. We are worried what will happen tomorrow, says a senior BofA official recounting the blackest day in US markets history.
Artist and photographer Raihan Vadra, son of Priyanka Gandhi Vadra, had many of his photographs documenting recent Delhi protests removed from his solo exhibition "No Idea is Final" at Bikaner House. The management cited the "current context and political climate" for the removal, a move criticised by Raihan and his mother as censorship and muzzling of artistic voices.
Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.
Former IAS officer Divya Mittal has announced her independent entry into politics, starting her journey in Uttar Pradesh. She aims to create a platform to voice public grievances and challenge systemic issues, focusing on intent and justice rather than party politics.
The Wall Street crash brought down markets across the globe, with Hong Kong stocks falling almost 2 percent on Friday, on investors' fear that the bad US credit situation could blow into a full scale financial crisis.
Indian stocks have maintained their allure and are expected to be more profitable than other stock markets in the region, according to a media report.
An Omani citizen, Hamam al-Hammami, has been identified as the flydubai co-pilot who attacked Indian Captain Smit Machchhar and allegedly attempted to take control of a Dubai-Tel Aviv flight, which the UAE has now confirmed as a 'terrorist act'.
Public anger erupted in Mansa, Punjab, following the murder of anti-drug activist Parvinder Singh alias Jotha. Authorities demolished a portion of the accused medical store owner's house, while mobs set his shop ablaze. Jotha was shot on Tuesday after confronting the owner about selling addictive drugs, leading to widespread condemnation and protests.
Anurag Kashyap organised a special screening of the Hollywood film for his filmi buddies.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, driven by a surge in Brent crude oil prices above USD 91 per barrel due to escalating tensions between Iran and the US, alongside an increase in US 10-year bond yields. Track Sensex, Nifty on August 18.
As the agitation, which claims to speak for 99 per cent Americans, spreads to many cities across the United States of America it is evoking a range of responses here -- from admiration to scorn.
In the lawsuit filed in federal district court in Manhattan, five of the protesters said police officers had led people onto the bridge's roadway and then prevented them from leaving the bridge on Saturday.
New York City's unemployment rate rose to 9.7 per cent from 9.6 per cent in February.
Martin Scorsese's The Wolf Of Wall Street could set a bad precedent, feels Aseem Chhabra.
Should we trust the folks who brought us Lehman and AIG with a privatized Social Security system? Should we trust them with our 401(k)s?
The owner of a medical store, Ashwani Kumar, accused of fatally shooting anti-drug activist Parvinder Singh Jhota in Punjab's Mansa, has been arrested from Rajasthan. Following his arrest, angry mobs set his medical store ablaze and authorities razed a portion of his house, while Jhota's father has called for a statewide bandh on October 15.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade, driven by a recovery in world markets due to easing US Treasury yields and fresh foreign fund inflows, halting a multi-day losing streak. Track Sensex, Nifty on August 20.
The systems have been taken offline to prevent the spread of attacks, but Journal officials have not found any damage to the graphics, the newspaper said citing people at the Wall Street Journal familiar with the matter.
UBS Wealth Management Americas, Bank of America's Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to a surge in Brent crude oil prices, which rose above USD 90 per barrel, coupled with subdued global cues and ongoing US-Iran skirmishes. Track Sensex, Nifty on Auigust 12.
Israeli Prime Minister Benjamin Netanyahu has lauded Indian pilot Smit Machchhar as a 'hero of the entire world' for his bravery in foiling an alleged co-pilot's attempt to crash a flydubai flight, and has extended an invitation to Machchhar and Prime Minister Narendra Modi to light a flame on Israeli Independence Day.
As the Wall Street companies have begun generating profits and dolling out hefty bonuses to its executives, US President Barack Obama said that America now wants its money back which was spent to rescue these firms from economic crisis.
Wall Street research analysts have suffered rounds of layoffs, big pay cuts, and accusations that they routinely lied to the investing public. Now there's a new worry -- that their jobs are being shipped overseas.
How India's Jumbo King Is Taking On McDonalds And Burger King Without Selling Chicken Burgers.
Given the dimensions, it is bound to have at least ripple effects across markets. Could ripple turn into cascade? asks Devangshu Datta.
Classically, the Japanese - who are not guided by short-termism - added capacity during slumps to be ready to reap their good fortune when the business cycle turned upwards again and shortages emerged, says Subir Roy.
Indian benchmark indices Sensex and Nifty saw declines in early trade, influenced by elevated crude oil prices stemming from renewed geopolitical uncertainties, particularly concerns surrounding the Strait of Hormuz. Track Sensex, Nifty on August 11, 2026.
