Eminent Indian Americans on Wednesday welcomed the re-election of Donald Trump as the 47th president of the United States and assured to work with him on several issues, including that of the United States-India relationship.
In a major shift from his earlier stance, United States-President elect Donald Trump has expressed his support for the H-1B visa programme and acknowledged frequently using it for his own properties, calling it a 'great programme', according to a report by New York Post.
The United States has deported a group of Indian migrants on a military transport aircraft, marking the first such deportation to India as part of President Donald Trump's crackdown on illegal immigration. The US embassy in New Delhi confirmed that Washington is tightening immigration laws and removing illegal migrants. The deportation comes as India and the US are finalizing details for Prime Minister Narendra Modi's visit to Washington in February. India has indicated its willingness to work with the US on addressing illegal immigration, and has said it will take back all Indians who have overstayed or are in the US without documentation.
India's purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as 38 per cent out of an estimated 5.2 million barrels per day of crude oil imported in the first half of August came from Russia, according to global real-time data and analytics provider Kpler.
Prime Minister Narendra Modi will visit the US for a two-day working visit starting Wednesday. He will meet with President Donald Trump and engage in bilateral discussions on trade, investment, technology, defense cooperation, counterterrorism, Indo-Pacific security, and people-to-people relations. The visit is expected to further strengthen the India-US partnership.
China firmly opposes the Trump administration's 50 percent tariffs on India as it is "unfair and unreasonable" and New Delhi and Beijing should scale up economic ties to jointly counter the challenge, Chinese ambassador Xu Feihong said on Monday.
The US involvement in Ukraine and the Middle East is a distraction which has to end quickly so that the main business of China can be focussed on. China is America's only peer competitor, not Russia and not anybody else. Therefore it makes little sense to be diverted from the overall mission, explains Aakar Patel.
US President Donald Trump has called on Jordan and Egypt to take in more Palestinian refugees from Gaza, advocating for a "clean out" of the area ravaged by the Israel-Hamas war. Trump spoke with King Abdullah II of Jordan on this matter and plans to discuss it with Egyptian President Abdel Fattah el-Sisi. He suggested housing for the refugees at a different location, potentially temporary or long-term, to enable a fresh start for the region. Trump also lifted the hold on sending 2,000-pound bombs to Israel, a decision made by the previous Biden administration.
S&P Global Ratings on Monday said several Asia-Pacific economies could face higher tariffs under the Trump administration, while India, South Korea, and Thailand could be most vulnerable to trade retaliation. In its report titled 'Asia-Pacific Economies Likely To Be Hit By US Trade Tariffs', S&P said economies like Vietnam, Taiwan, Thailand, and South Korea have relatively greater economic exposure to the US, meaning that tariffs, if imposed, would have the largest economic impact.
Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.
DOGE Leader Elon Musk said, "My guess is that a lot of that money ended up in the pockets Hamas, not actually condoms.
The order also pauses "hundreds of millions of dollars in aid through the Ukraine Security Assistance Initiative, which provides funds that Kyiv can use only to buy new military hardware directly from US defence companies."
An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. The visit, which comes within weeks of a high-level US team visiting India, indicates that the talks for the BTA are gaining momentum.
The combined market capitalisation of the country's top five IT firms that are part of the BSE Sensex is down 24 per cent since January and their valuation has slipped to lowest levels in the past five years.
Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agreement in New Delhi on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. To formally start the negotiations on the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of officials, is in New Delhi.
'Trump is good news for us. Energy poverty is real, and fossil fuels are the answer.'
During the talks, India and the US decided to take a big leap in broad-basing their strategic ties in several critical areas.
Costa Rica has agreed to serve as a "bridge" to repatriate illegal immigrants in the United States, including from India and Central Asia, according to an official release on Tuesday.
Communication channels between India and the US are open to resolve the ongoing tariff issues, and the glitch in trade ties is only temporary, given the long-term relationship between the two nations, government sources said on Wednesday. The US' 50 per cent tariffs on Indian exports to America came into effect from August 27, barring a few sectors.
Gold prices are expected to maintain their upward momentum though some consolidation could set in ahead of the US Federal Reserve's policy decision on September 17, analysts said. Traders will focus on the trade inflation data to gauge the impact of tariffs, inflation numbers from major economies including UK and Euro zone, along with monetary policy meetings of Bank of England and Bank of Japan which will provide more guidance for bullion prices, they added.
Trump to sign order creating Olympics task force ahead of 2028 games
US President Donald Trump on Thursday addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the US, while threatening them with tariffs if they don't. Addressing the forum's Annual Meeting in Davos through video conferencing, Trump also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately.
'It showed me that this man had courage. He makes his own decisions, but he also trusted me enough in that moment to walk with me into the crowd,' Modi tells Lex Fridman on his podcast.
United States President Donald Trump has warned his Russian counterpart Vladimir Putin to end the 'ridiculous war' in Ukraine or face high tariffs and further sanctions.
India's External Affairs Minister S Jaishankar has expressed concern over information regarding USAID funding in India, calling it "concerning" and hinting at potential "bad faith" activities. Jaishankar asserted that India is looking into the matter and that the country should know who is involved in such activities. He also emphasized the need to expand India's security definition in the digital age, highlighting the influence of technology and narratives on public perception. The statements come amid controversy surrounding USAID funding for certain activities in India, with the US President Donald Trump questioning the agency's funding of voter turnout efforts.
"Israel will, from now on, act against Hamas with increasing military strength," Netanyahu's office said.
Donald Trump's Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose restrictions on imports and H1B visa regulations, experts said on Wednesday. Prime Minister Narendra Modi's friendly relationship with Trump will have a positive bearing on Indo-US relations but India may have to adapt its strategies to maintain cooperation in areas of mutual interest.
Trump announced that India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC) and called it one of the greatest trade routes. He said that the route will operate from Israel to Italy and onward to the US.
'The current strain in the relationship is serious and likely to be long lasting.' 'Even if Trump suddenly changes his attitude toward India -- which he is entirely capable of doing -- it is unlikely that New Delhi will be able to pick up the pieces and respond as if nothing has happened.'
Sharifullah, also known as Jafar, is an ISIS-K member and was directly responsible for the killing of 13 US soldiers and roughly 170 Afghans at the Hamid Karzai international airport's 'Abbey Gate' on August 26, 2021.
Law enforcement officials from the US Department of Homeland Security have started visiting gurdwaras in New York and New Jersey to check for the presence of illegal immigrants, drawing a sharp reaction from some Sikh organisations which see such actions as a threat to the sanctity of their faith. The Trump administration has rescinded the Biden administration's guidelines that protected places of worship from immigration enforcement actions, leading to concerns that gurdwaras are being targeted. Sikh organisations argue that gurdwaras are not just places of worship but also vital community centres and that surveillance and raids by armed law enforcement would burden religious exercise and limit the ability of Sikhs to gather and associate with one another.
The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide.
New York City is preparing to elect a new mayor, with Zohran Kwame Mamdani, of Indian descent, leading the race. The election features Mamdani against Andrew Cuomo and Curtis Sliwa.
United States President-elect Donald Trump opened up about the viral moment between him and former President Barack Obama, acknowledging the seemingly warm interaction that was captured during the funeral of former President Jimmy Carter, Politico reported.
A team of US officials is expected to visit India in the coming weeks for the next round of discussions on the proposed interim trade agreement between the two countries, sources said. The visit gains importance as India and the US are likely to agree on an interim trade agreement before July 9, with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods.
President-elect Donald Trump promised his supporters and countrymen that he will act at historic speed to fix every single crisis facing the United States, on the eve of his inauguration. Trump told his supporters at the Capitol One Arena, which was full to its capacity of 20,000 for a 'Make America Great' victory celebration, that he will act with "historic speed and strength" and fix "every single crisis facing our country." He also outlined some of his plans for his first day in office, including halting the "invasion" of the US border and restoring border security measures, which he said will be the most "aggressive, sweeping efforts to restore our borders the world has ever seen."
'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'
India's economy could reach $20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with $34.2 trillion GDP, an EY report said on Wednesday. The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth.
India, the land that gave the world Darjeeling and Assam tea, risks losing its place at the global tea table, not because of its leaves, but because of its lost opportunities, notes Kanika Datta.
The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.
