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Trump and Xi could soon talk about trade, Hassett says

Trump and Xi could soon talk about trade, Hassett says

White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | ReutersNational Economic Council director Kevin Hassett suggested on Sunday that President Donald Trump and China's President Xi...

EU responds Trump raising steel tariffs to 50%

EU responds Trump raising steel tariffs to 50%

President Donald Trump speaks to supporters during a rally at the US Steel-Irvin Works on May 30, 2025 in West Mifflin, Pennsylvania. Jeff Swensen | Getty ImagesThe European Union on Saturday criticized President Donald Trump's move to double tariffs on steel imports,...

PBS sues Trump over executive order to cut funding

PBS sues Trump over executive order to cut funding

The Public Broadcasting Service on Friday sued President Donald Trump to block his attempt to cut off its federal funding, and accused the president of retaliating against the public broadcaster over "perceived political slights in news coverage."Trump's executive...

RBI, BFSI News, ET BFSI

RBI, BFSI News, ET BFSI

MUMBAI: The Reserve Bank of India is of the view that linking finance companies' lending rates with external benchmarks is not feasible even as the regulator is aiming at improving weak transmission of policy rates.RBI's annual report released on Thursday shows that...

Trump, Musk hold DOGE event as talent leaves

Trump, Musk hold DOGE event as talent leaves

President Donald Trump on Friday will host a press event to celebrate Elon Musk as the Tesla CEO concludes his official government service after four turbulent months leading the so-called Department of Government Efficiency.Musk's scheduled departure comes at a...

Trump can revoke immigrants protected status

Trump can revoke immigrants protected status

Venezuelan migrants deported from the United States and stranded in Honduras disembark from a Conviasa Airlines plane upon arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 24, 2025. Juan Barreto | Afp | Getty ImagesThe Supreme Court...

Trump tariffs reinstated by appeals court for now

Trump tariffs reinstated by appeals court for now

A federal appeals court on Thursday granted the Trump administration's request to temporarily pause a lower-court ruling that struck down most of President Donald Trump's tariffs.The Trump administration had earlier told the U.S. Court of Appeals for the Federal...

Public Sector Banks Bear the Brunt, ET BFSI

Public Sector Banks Bear the Brunt, ET BFSI

Fraud amount jumps 3 times in FY25, public sector banks hit moreMumbai, The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, primarily due to reclassification of 122 cases as per a Supreme Court...

Signals of Further Rate Cuts?, ET BFSI

Signals of Further Rate Cuts?, ET BFSI

With just a week to go before the next Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) has offered subtle but telling signals about its stance on interest rates through its Annual Report for 2024–25.For many, the April rate cut marked a...

Not chickening out on tariffs

Not chickening out on tariffs

President Donald Trump on Wednesday pushed back against an emerging critique of his on-again, off-again tariff threats, which has been derisively summed up as the "TACO trade."The term coined by a Financial Times columnist — which stands for "Trump Always Chickens...

Walmart fined for shipping toy guns to New York

Walmart fined for shipping toy guns to New York

New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York State for three years, in the Manhattan borough of New...

Trump administration seeks to cut federal contracts

Trump administration seeks to cut federal contracts

Yu-Hsuan Lin, 27, lays out a Harvard hat, mug, hoodie and her admission letter to Harvard University on a table in Taipei, Taiwan May 24, 2025. Ann Wang | ReutersThe Trump administration moved Tuesday to terminate all remaining federal government contracts with...

RBI mulls sub-7 day term deposit, BFSI News, ET BFSI

RBI mulls sub-7 day term deposit, BFSI News, ET BFSI

The Reserve Bank of India (RBI) has sought suggestions from banks on allowing less than seven days term deposits, people familiar with the matter said. The move comes in the backdrop of stagnating deposit growth, which slowed to 10% year-on-year as of May 02, 2025,...

A Strategic Shift Amid Economic Uncertainty, ET BFSI

A Strategic Shift Amid Economic Uncertainty, ET BFSI

The Reserve Bank of India (RBI) is on a significant gold-buying spree, sharply increasing the share of the yellow metal in its foreign currency reserves as part of a broader strategy to diversify its holdings and shield the economy from global volatility. Gold now...

Trump delays 50% tariffs on EU to July 9

Trump delays 50% tariffs on EU to July 9

President Donald Trump meets with European Commission President Ursula von Der Leyen at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland.Evan Vucci | AP PhotoPresident Donald Trump said Sunday that he agreed to an extension on the 50% tariff...

Trump touts anti-DEI changes in West Point address

Trump touts anti-DEI changes in West Point address

US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. Mandel Ngan | Afp | Getty ImagesPresident Donald Trump touted his administration's changes to the military during a commencement...

Pete Hegseth restrictions on Pentagon press media

Pete Hegseth restrictions on Pentagon press media

Secretary of Defense Pete Hegseth attends a Cabinet meeting at the White House on April 10, 2025 in Washington, DC. President Trump convened a Cabinet meeting a day after announcing a 90-day pause on ‘reciprocal’ tariffs, with the exception of China. Anna Moneymaker |...

A Game Changer for India’s Economy, ET BFSI

A Game Changer for India’s Economy, ET BFSI

RBI's record Rs 2.7 trillion dividend fueled by US dollar sell offs and forex gains: SBIThe Reserve Bank of India’s historic dividend payout of approximately Rs 2.7 trillion to the government was fueled by strong sales of US dollar, a high foreign exchange gain and...

Government’s Role and Composition Explained, ET BFSI

Government’s Role and Composition Explained, ET BFSI

According to the Reserve Bank of India’s (RBI) notification, a six-member new Payments Regulatory Board will be formed to regulate and supervise payment systems in India with the central government to have a ‘say’.The board will be headed by RBI governor and will...

How he plans to wield his power

How he plans to wield his power

Behind bulletproof glass, former US President and Republican presidential candidate Donald Trump arrives to speak during a campaign rally at Gastonia Municipal Airport in Gastonia, North Carolina, on November 2, 2024.Peter Zay | Afp | Getty ImagesBetween a barrage of...

L3Harris to pay $62 million

L3Harris to pay $62 million

Jaque Silva | Nurphoto | Getty ImagesDefense contractor L3Harris Technologies will pay $62 million to settle allegations that it lied about the prices of equipment it sold to the U.S. military years earlier, the Justice Department said Thursday.  L3Harris was recently...

Trump tax bill passes the House, advances to Senate

Trump tax bill passes the House, advances to Senate

WASHINGTON — Republicans in the U.S. House of Representatives came together early Thursday to pass President Donald Trump's "big, beautiful" tax bill out of the chamber on a narrow vote.Every Democrat on the floor voted no, as did Republican Reps. Warren Davidson of...

CIA security shoot person outside HQ

CIA security shoot person outside HQ

File: The Central Intelligence Agency (CIA) headquarters in Langley, Virginia, US., on Friday, July 8, 2022. Chris Kleponis | Bloomberg | Getty ImagesGuards at CIA headquarters shot an individual early Thursday morning in what the agency called a "security incident,"...

Trump tax bill passes the House, advances to Senate

Trump tax bill passes the House, advances to Senate

U.S. President Donald Trump speaks to members of the media as he departs a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. Andrew Harnik | Getty ImagesWASHINGTON — Republicans in the U.S. House of Representatives came together early...

Trump Qatar gift: Hegseth accepts Boeing jet

Trump Qatar gift: Hegseth accepts Boeing jet

In this February 15, 2025 a Boeing 747 sits on the tarmac of Palm Beach International airport after US President Donald Trump toured the aircraft on February 15, 2025.Roberto Schmidt | Afp | Getty ImagesThe Trump administration has formally accepted a Boeing 747 jet...

Trump fails to sway SALT caucus to back tax bill

Trump fails to sway SALT caucus to back tax bill

President Donald Trump arrives for a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. Tasos Katopodis | Getty Images News | Getty Images President Donald Trump failed during a visit Tuesday to Capitol Hill to sway key House Republicans...

Qatari PM denies jumbo jet gift to Trump is bribery

Qatari PM denies jumbo jet gift to Trump is bribery

U.S. President Donald Trump and Qatar's Emir Tamim bin Hamad Al Thani meet in Doha, Qatar, on May 14, 2025.Brian Snyder | ReutersQatar's prime minister on Tuesday denied accusations that Doha's offer of an estimated-$400 million Boeing 747 jet to U.S. President Donald...

Trump Medicaid Congress bill

Trump Medicaid Congress bill

President Donald Trump on Tuesday warned House Republicans, "Don't f--- around with Medicaid," as he pressed them during a closed-door meeting to pass a major tax bill, a source told CNBC.Trump's blunt message came during a visit to Capitol Hill.Movement on the tax...

China says U.S. chip warning hurts trade talks

China says U.S. chip warning hurts trade talks

U.S. Secretary of the Treasury Scott Bessent, U.S. Trade Representative Jamieson Greer, China's International Trade Representative and Vice Minister of Commerce Li Chenggang, and Chinese Vice Premier He Lifeng, prepare to discuss on the day of a bilateral meeting...

Trump to press Putin to end ‘bloodbath’ in Ukraine

Trump to press Putin to end ‘bloodbath’ in Ukraine

Russian President Vladimir Putin and U.S. President Donald Trump.Mikhail Metzel | Evelyn Hockstein | Via ReutersU.S. President Donald Trump will speak separately with Vladimir Putin and Volodymyr Zelenskyy on Monday in hopes of ending the "bloodbath" in Ukraine, amid...

Joe Biden diagnosed with prostate cancer

Joe Biden diagnosed with prostate cancer

Former President Joe Biden speaks during the Advocates, Counselors, and Representatives for the Disabled bipartisan conference at the Sofitel Chicago Magnificent Mile on Tuesday, April 15, 2025.Eileen T. Meslar | Chicago Tribune | Getty ImagesFormer President...

Mike Johnson Memorial Day deadline for budget bill

Mike Johnson Memorial Day deadline for budget bill

U.S. House of Representatives Speaker Mike Johnson (R-LA) looks on, after President Donald Trump delivered remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Leah Millis | ReutersHouse Speaker Mike Johnson expressed...

Man sentenced to 14 months in prison

Man sentenced to 14 months in prison

A judge on Friday sentenced an Alabama man to 14 months in prison for his role in the January 2024 hack of the Securities and Exchange Commission's X account, which was used to send out a tweet that briefly spiked the price of bitcoin by more than $1,000, the Justice...

Trump birthday military parade could cost $45 million

Trump birthday military parade could cost $45 million

Members of the military stand as US President Donald Trump reviews the troops in Emancipation Hall during inauguration ceremonies at the US Capitol in Washington, on January 20, 2025. Jim Watson | AFP | Getty ImagesAn upcoming military parade in Washington, D.C., to...

Prosecutors charge 13 men in crypto theft ring

Prosecutors charge 13 men in crypto theft ring

Malone Lam, a defendant in a $230 million bitcoin heist, in a booking photo from the Broward County Sheriff's Office in Florida.Broward County Sheriff's OfficeFederal prosecutors in Washington, D.C., charged 13 men in what court records describe as a wide-ranging...

Saudi Arabia, Qatar UAE go all out

Saudi Arabia, Qatar UAE go all out

Qatar's Emir Sheikh Tamim bin Hamad al-Thani (L) receives US President Donald Trump in the Qatari capital Doha on May 14, 2025. Brendan Smialowski | Afp | Getty ImagesABU DHABI, United Arab Emirates — If the Arab Gulf states were to hold a popularity contest right...

Trump gift problematic, Sen. Susan Collins says

Trump gift problematic, Sen. Susan Collins says

US Senator Susan Collins, Republican from Maine, questions Secretary of Health and Human Services Robert F. Kennedy Jr., during a Senate Committee on Health, Education, Labor, and Pensions hearing on the President's proposed budget request for fiscal year 2026 for the...

AI voice messages impersonating U.S. officials: FBI

AI voice messages impersonating U.S. officials: FBI

FBI Director Kash Patel testifies during a House Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the 2026 agency's budget request on Capitol Hill in Washington, DC, on May 7, 2025. Oliver Contreras | AFP | Getty ImagesThe FBI on Thursday...

Trump presses Supreme Court on birthright citizenship

Trump presses Supreme Court on birthright citizenship

FILE PHOTO: A view of the U.S. Supreme Court in Washington, U.S., July 19, 2024.Kevin Mohatt | ReutersPresident Donald Trump on Thursday again argued for an end to birthright citizenship in the United States, hours before the Supreme Court is set to hear arguments on...

Trump meets with Syrian leader in Saudi Arabia

Trump meets with Syrian leader in Saudi Arabia

The leader of Syria's Islamist Hayat Tahrir al-Sham (HTS) group that headed a lightning rebel offensive snatching Damascus from government control, Abu Mohammed al-Jolani, addresses a crowd at the capital's landmark Umayyad Mosque on December 8, 2024.Abdulaziz Ketaz |...

Schumer pauses Trump DOJ nominees

Schumer pauses Trump DOJ nominees

Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference with other members of Senate Democratic leadership following a policy luncheon at the U.S. Capitol in Washington, DC May 6, 2025. Nathan Posner | Anadolu | Getty ImagesSenate Minority Leader...

Trump says U.S. will remove all sanctions on Syria

Trump says U.S. will remove all sanctions on Syria

U.S. President Donald Trump speaks at the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | ReutersThe U.S. will remove all sanctions on Syria, President Donald Trump announced Tuesday."I will be ordering the cessation of sanctions...

Trade court hears legal challenge

Trade court hears legal challenge

U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesA little-known federal court is set to hear arguments Tuesday in...

China sees U.S. trade deal as win for Beijing

China sees U.S. trade deal as win for Beijing

Chinese officials, influencers and state-run media on Monday were casting the initial trade agreement and 90-day tariff pause with the United States as a victory and a vindication of Beijing's negotiating strategy.They're arguing that their defiant public posture...

China will open to U.S. business, pause trade barriers

China will open to U.S. business, pause trade barriers

President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesPresident...

Trump gifted Qatar super plane as Air Force One

Trump gifted Qatar super plane as Air Force One

U.S. President Donald Trump boards Air Force One for travel back to Washington, D.C., at Palm Beach International Airport, in West Palm Beach, Florida, U.S. May 4, 2025. Leah Millis | ReutersPresident Donald Trump is preparing to accept a luxury jet from the royal...

Trump official says 10% tariffs will stick around

Trump official says 10% tariffs will stick around

U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025.Carlos Barria | ReutersCommerce Secretary Howard Lutnick said...

Trump official says NJ Democrats could face charges

Trump official says NJ Democrats could face charges

Mayor Ras Baraka of Newark in handcuffs outside Delaney Hall detention facility in Newark, NJ on May 9, 2025.Courtesy: Newark Mayor's OfficeThe Trump administration suggested Saturday that New Jersey Democratic lawmakers involved in a clash a day earlier with...

Pope Leo explains name: AI, worker rights

Pope Leo explains name: AI, worker rights

Newly elected Pope Leo XIV, Cardinal Robert F. Prevost of the U.S., appears on the balcony of St. Peter's Basilica at the Vatican, May 8, 2025.Dylan Martinez | ReutersPope Leo XIV said Saturday that he selected his name in part to commemorate Pope Leo XIII for his...

India and Pakistan agree to immediate ceasefire

India and Pakistan agree to immediate ceasefire

India's Foreign Secretary Vikram Misri holds a press briefing at Ministry of External Affairs (MEA) in New Delhi, India, May 10, 2025. Anushree Fadnavis | ReutersIndia and Pakistan have agreed to an "immediate ceasefire," President Donald Trump said Saturday,...

Trump administration eyes suspending habeas corpus

Trump administration eyes suspending habeas corpus

White House deputy chief of staff for policy Stephen Miller speaks to the media outside the White House in Washington, D.C., U.S., May 9, 2025. Kent Nishimura | ReutersWhite House deputy chief of staff for policy Stephen Miller said Friday that the Trump...

Bank of Baroda, ET BFSI

Bank of Baroda, ET BFSI

The recently concluded Free Trade Agreement (FTA) between India and the United Kingdom is expected to benefit both nations economically and could also pave the way for similar agreements with other countries such as the United States and the European Union, says a...

Cardinals pick new pope as white smoke seen at Vatican

Cardinals pick new pope as white smoke seen at Vatican

White smoke rises from the chimney on the Sistine Chapel, indicating that a new pope has been elected at the Vatican, May 8, 2025. Dylan Martinez | ReutersRoman Catholic cardinals selected a new pope on the second day of their conclave Thursday, signaling the election...

Senate stablecoin vote uncertain key Democrats back out

Senate stablecoin vote uncertain key Democrats back out

The Senate will hold a key vote on a landmark crypto regulation package on Thursday. Dubbed the GENIUS Act, the bill will require 60 votes to advance to the Senate floor for final passage.The GENIUS Act aims to create a regulatory framework for stablecoins, or digital...

Trump to unveil UK trade deal after tariff pause

Trump to unveil UK trade deal after tariff pause

US President Donald Trump speaks during a press conference with British Prime Minister Keir Starmer in the East Room of the White House in Washington, DC, on February 27, 2025. Saul Loeb | Afp | Getty ImagesPresident Donald Trump is set to unveil a trade agreement...

Europe to launch dispute against U.S. tariffs with WTO

Europe to launch dispute against U.S. tariffs with WTO

This photograph shows a European flag flying outside the EU headquarters in Brussels on May 6, 2025. Nicolas Tucat | Afp | Getty ImagesThe European Union's executive arm on Thursday said it would launch a dispute with the World Trade Organization over the U.S.'s...

Trump pulls surgeon general nominee Janette Nesheiwat

Trump pulls surgeon general nominee Janette Nesheiwat

US Vice President JD Vance, from left, Pam Bondi, US attorney general, Chris Wright, US energy secretary, Janette Nesheiwat, US surgeon general nominee for US President Donald Trump, and Lee Zeldin, administrator of the US Environmental Protection Agency (EPA), during...

Trump offers help with India and Pakistan conflict

Trump offers help with India and Pakistan conflict

U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | ReutersPresident Donald Trump on Wednesday offered to help...

U.S. wanted trade talks, opposes Trump tariffs

U.S. wanted trade talks, opposes Trump tariffs

The upcoming meeting in Switzerland between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart was requested by the Trump administration, Chinese officials said Wednesday.China will be entering the talks "firmly" opposed to U.S. tariff hikes, and...

Trump shifts tariff goals from trade deals

Trump shifts tariff goals from trade deals

U.S. President Donald Trump meets with Canadian Prime Minister Mark Carney (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., May 6, 2025. Leah Millis | Reuters"The Art of the Deal" author President Donald Trump said in a surprising...

Canada ‘won’t be for sale ever’

Canada ‘won’t be for sale ever’

Canadian Prime Minister Mark Carney told President Donald Trump on Tuesday that his country will never be for sale, shutting down the U.S. president's repeated calls to make Canada the 51st state."There are some places that are never for sale," Carney said in the Oval...

CFTC drops Kalshi election bet case appeal

CFTC drops Kalshi election bet case appeal

The Kalshi app arranged on a smartphone in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty ImagesThe Commodity Futures Trading Commission on Monday moved to drop its appeal of a federal judge's ruling that had allowed commodities exchange...

Trump foreign film tariff proposal floated

Trump foreign film tariff proposal floated

U.S. President Donald Trump announces the NFL draft will be held in Washington, at the White House in Washington, D.C., U.S., May 5, 2025. Leah Millis | ReutersPresident Donald Trump said Monday that he will ask Hollywood studios if "they're happy" with his proposal...

Trump defends doll comments amid China tariffs

Trump defends doll comments amid China tariffs

US President Donald Trump speaks with the media aboard Air Force One as he flies from West Palm Beach, Florida enroute to Joint Base Andrews in Maryland, on May 4, 2025 returning to the White House after spending the weekend in Florida.Saul Loeb | Afp | Getty...

Trump will make U.S. more appealing for investors

Trump will make U.S. more appealing for investors

U.S. Treasury Secretary Scott Bessent speaks at the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. Mike Blake | ReutersTreasury Secretary Scott Bessent on Monday sketched out the roadmap of President Donald Trump's "America...

NPR and PBS to challenge Trump over public funding cuts

NPR and PBS to challenge Trump over public funding cuts

A sign for the Public Broadcasting Service (PBS) is seen on its building headquarters on Feb. 18, 2025 in Arlington, Virginia.Kayla Bartkowski | Getty ImagesThe CEOs of NPR and PBS said they're looking into options to challenge the Trump administration following the...

Trump blames ‘bad parts’ of economy on Biden

Trump blames ‘bad parts’ of economy on Biden

U.S. President Donald Trump walks to board Marine One to depart for Alabama, on the South Lawn of the White House in Washington, D.C., U.S., May 1, 2025. Nathan Howard | ReutersPresident Donald Trump took credit for the "good parts" of the economy in an exclusive...

Trump depicted as pope in AI-generated photo

Trump depicted as pope in AI-generated photo

U.S. President Donald Trump's Truth post in papal attire.Courtesy: The White House via X, formerly TwitterThe White House posted an AI-generated photo of President Donald Trump depicted as the pope on Friday, days after he joked that he'd "like to be pope."The image —...

President vows to revoke tax-exempt status

President vows to revoke tax-exempt status

President Donald Trump on Friday said his administration will revoke Harvard University's tax-exempt status, escalating his previous threats against the Ivy League school and potentially expanding an ongoing legal battle."It's what they deserve!" Trump wrote in a...

Trump plans to unveil federal budget proposal on Friday

Trump plans to unveil federal budget proposal on Friday

U.S. President Donald Trump at the White House on May 1, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesU.S. President Donald Trump plans to unveil his budget proposal for the 2026 fiscal year on Friday and send it to Congress, according to a...

Trump nominates Mike Waltz as UN ambassador

Trump nominates Mike Waltz as UN ambassador

U.S. National Security Advisor Mike Waltz joins U.S. Vice President JD Vance for a visit to the U.S. military's Pituffik Space Base in Greenland on March 28, 2025. Jim Watson | Via ReutersPresident Donald Trump said Thursday that he will nominate Mike Waltz to be the...

Chamber of Commerce asks Trump for tariff exclusions

Chamber of Commerce asks Trump for tariff exclusions

The U.S. Chamber of Commerce is urging the Trump administration to immediately implement a "tariff exclusion process" in order to keep the U.S. economy from falling into a recession and inflicting "irreparable harm" on small businesses.In a letter first obtained by...

Trump calls China ‘chief-ripper-offer’ on trade

Trump calls China ‘chief-ripper-offer’ on trade

US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on April 30, 2025. Jim Watson | Afp | Getty ImagesPresident Donald Trump on Wednesday called China the leading candidate for the "chief-ripper-offer" on...

U.S. and Ukraine sign landmark minerals deal

U.S. and Ukraine sign landmark minerals deal

Earth and minerals are loaded onto trucks at an open-pit mine near the frontline, despite the threat of bombing by Russian invading forces on February 26, 2025 in Donetsk Region, Ukraine.Pierre Crom | Getty Images News | Getty ImagesThe U.S. and Ukraine have signed a...

Trump trade advisor Navarro brushes off U.S. GDP drop

Trump trade advisor Navarro brushes off U.S. GDP drop

White House trade advisor Peter Navarro brushed off concerns Wednesday about the unexpected drop in U.S. gross domestic product last quarter, saying, 'We really like where we're at now," and pointing to a surge in new domestic investment."I got to say just one thing...

Trump’s first 100 days in photos

Trump’s first 100 days in photos

There is one thing President Donald Trump's fans and foes can both agree on: A lot has happened over the past 100 days.The Republican president kicked off his nonconsecutive second term on Jan. 20 with a promise to usher in "the golden age of America."He has wasted no...

No Trump-Xi tariff talks underway, China says

No Trump-Xi tariff talks underway, China says

U.S. President Donald Trump answers reporters' questions after exiting Marine One at the White House in Washington, D.C., U.S., April 27, 2025. Ken Cedeno | ReutersChina on Monday once again denied that it is in talks to resolve its tariff war with the United States,...

Trump talks tougher on Russia, sits down with Zelenskyy

Trump talks tougher on Russia, sits down with Zelenskyy

In this photo provided by the Ukrainian Presidential Press Office, Ukraine's President Volodymyr Zelenskyy, right, and President Donald Trump, talk as they attend the funeral of Pope Francis in Vatican, Saturday, April 26, 2025.Ukrainian Presidential Press Office via...

Luigi Mangione pleads not guilty to CEO murder

Luigi Mangione pleads not guilty to CEO murder

Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., Feb. 21, 2025. Curtis Means | Via ReutersLuigi Mangione pleaded...

George Santos to be sentenced in federal fraud case

George Santos to be sentenced in federal fraud case

Former New York congressman George Santos in 2024. New York Daily News | Tribune News Service | Getty ImagesFormer Rep. George Santos, whose web of lies about his life led to the New York Republican's expulsion from Congress, is set to be sentenced Friday morning in...

Confidence plummets among voters, new polls show

Confidence plummets among voters, new polls show

US President Donald Trump speaks with reporters outside the White House in Washington, DC, on April 23, 2025. Saul Loeb | Afp | Getty ImagesAmericans' confidence in President Donald Trump's ability to manage the U.S. economy has plummeted since he regained the White...

States sue Trump in bid to block new tariffs

States sue Trump in bid to block new tariffs

NY Attorney General Letitia James speaks during a press conference on Feb. 14, 2025 in New York City.Michael M. Santiago | Getty ImagesA dozen states sued President Donald Trump and his administration on Wednesday, seeking a court order declaring that his new tariffs...

Treasury chief Scott Bessent delivers speech

Treasury chief Scott Bessent delivers speech

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Treasury Secretary Scott Bessent is delivering the keynote address to the Institute of International Finance in Washington, D.C., on Wednesday.After...

Enrollment decline hits school funding, triggers cuts

Enrollment decline hits school funding, triggers cuts

Public schools across the United States are facing a financial reckoning in 2025 as federal pandemic relief funds expire and student enrollment continues to decline, according to data from the Georgetown Edunomics Lab.The funding crisis stems largely from the end of...

China tariff fight will deescalate

China tariff fight will deescalate

U.S. Secretary of the Treasury Scott Bessent walks to speak to the news media about the latest tariff announcement from President Donald Trump, at the White House in Washington, D.C., U.S. April 9, 2025. Leah Millis | ReutersTreasury Secretary Scott Bessent told...

FM Nirmala Sitharaman, ET BFSI

FM Nirmala Sitharaman, ET BFSI

India's quest for sustained growth over the next two decades hinges on a new paradigm, driven by bold reforms, enhanced domestic capabilities, and strategic institutional collaborations suited for the evolving global landscape, Finance Minister Nirmala Sitharaman said...

Walmart, Home Depot, Lowe’s, Target at White House

Walmart, Home Depot, Lowe’s, Target at White House

President Donald Trump listens to reporters' questions as he meets with Italian Prime Minister Giorgia Meloni in the Oval Office at the White House on April 17, 2025 in Washington, DC.Win Mcnamee | Getty ImagesPresident Donald Trump will meet Monday afternoon with...

Trump Powell attacks interest rates Fed

Trump Powell attacks interest rates Fed

Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Chicago event in Chicago, Illinois, US, on Wednesday, April 16, 2025.Jamie Kelter Davis | Bloomberg | Getty ImagesPresident Donald Trump on Monday ratcheted up his pressure campaign on...

World leaders react to the death of Pope Francis

World leaders react to the death of Pope Francis

Pope Francis greets people as he attends the weekly general audience in St. Peter's square at the Vatican, March 8, 2023. Guglielmo Mangiapane | ReutersTributes and condolences poured in from around the world following news of the death of Pope Francis, who passed...

How much gold does the RBI hold?, BFSI News, ET BFSI

How much gold does the RBI hold?, BFSI News, ET BFSI

How much gold does the RBI hold?ve ImageThe Reserve Bank of India (RBI), has significantly increased its gold holdings in the past year, emerging as one of the world’s most aggressive buyers of the precious metal. According to data from the World Gold Council (WGC),...

Trump ‘flouting the courts’ in Abrego Garcia case

Trump ‘flouting the courts’ in Abrego Garcia case

U.S. Senator Chris Van Hollen (D-MD) speaks to the media during a visit to El Salvador to advocate for the release of Kilmar Abrego Garcia in San Salvador, El Salvador, April 16, 2025. Jose Cabezas | ReutersMaryland Sen. Chris Van Hollen said Sunday that his trip to...

California suing Trump to stop tariffs

California suing Trump to stop tariffs

US President Donald Trump and First Lady Melania Trump are greeted by California Governor Gavin Newson upon arrival at Los Angeles International Airport in Los Angeles, California, on Jan. 24, 2025, to visit the region devastated by the Palisades and Eaton...

Many IRS workers interested in resignation offer

Many IRS workers interested in resignation offer

A traffic light is red outside the U.S. Internal Revenue Service building in Washington, D.C., on Feb. 20, 2025.Kent Nishimura | ReutersAbout 20,000 Internal Revenue Service employees have expressed interest in accepting the Trump administration's latest deferred...

Trump eyes deporting U.S. citizens to foreign prisons

Trump eyes deporting U.S. citizens to foreign prisons

WASHINGTON, DC - APRIL 14: US President Donald Trump, during a meeting with Nayib Bukele, El Salvador's president, in the Oval Office of the White House in Washington, DC, US, on Monday, April 14, 2025. Al Drago | The Washington Post | Getty ImagesPresident Donald...

DOJ charges in Tesla, GOP arson in New Mexico

DOJ charges in Tesla, GOP arson in New Mexico

Republican Party headquarters is damaged in a fire in Albuquerque, New Mexico, U.S., in this handout image released on March 30, 2025.New Mexico GOP | Via ReutersFederal authorities arrested a New Mexico man in connection with arson attacks on a Tesla showroom and the...

U.S. businesses sue to block Trump tariffs

U.S. businesses sue to block Trump tariffs

U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025.Nathan Howard | ReutersA group of five small businesses on Monday sued President Donald Trump, seeking to block new tariffs that he has imposed on...

Trump tariff deals coming, not recession: Hassett

Trump tariff deals coming, not recession: Hassett

White House Council of Economic Advisers Chairman Kevin Hassett speaks with reporters outside the White House in Washington, DC, on March 7, 2025. Anna Moneymaker | Getty Images News | Getty ImagesNational Economic Council Director Kevin Hassett said Monday that "more...

Trump exempts phones, computers, chips from new tariffs

Trump exempts phones, computers, chips from new tariffs

Smartphones and computers will be exempted from President Donald Trump's reciprocal tariffs, according to new guidance from U.S. Customs and Border Protection.The guidance comes after Trump earlier this month imposed 125% tariffs on products from China, a move that...

5 law firms commit $600 million in pro bono legal work

5 law firms commit $600 million in pro bono legal work

U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | ReutersPresident Donald Trump on Friday said five more law firms have struck agreements with his administration that involve them...

Democrats ask SEC to probe stock market manipulation

Democrats ask SEC to probe stock market manipulation

Sen. Adam Schiff, D-Calif., questions Brooke Rollins, President Donald Trump's nominee to be Agriculture secretary, during her Senate Agriculture, Nutrition and Forestry Committee confirmation hearing in Dirksen building on Thursday, January 23, 2025. Tom Williams |...

Supreme Court upholds order on Kilmar Abrego Garcia

Supreme Court upholds order on Kilmar Abrego Garcia

Jennifer, center, whose husband Kilmar Abrego Garcia was deported by ICE, is hugged by a staff member of CASA, at the CASA Multicultural Center during a press conference ahead of Garcia's hearing.The Washington Post | Getty ImagesThe Supreme Court on Thursday upheld a...

India eyes quick trade deal with US, ET BFSI

India eyes quick trade deal with US, ET BFSI

India is eager to expedite a trade agreement with the United States following US President Donald Trump's unexpected decision to temporarily pause the implementation of reciprocal tariffs on many countries whilst increasing duties on China.Trump announced an increase...

FM Sitharaman, BFSI News, ET BFSI

FM Sitharaman, BFSI News, ET BFSI

LONDON/ DELHI: Finance minister Nirmala Sitharaman said on Wednesday that the govt is focusing on ensuring that domestic demand stayed strong to maintain the underlying strength of the Indian economy. Her comments come amid fears that US tariffs would cause global...

Trump must negotiate trade with China

Trump must negotiate trade with China

Ray Dalio, billionaire and founder of Bridgewater Associates, speaks to members of the media while departing a meeting with House Budget Committee Republicans on Capitol Hill in Washington, D.C., on March 25, 2025.Daniel Heuer | Bloomberg | Getty ImagesBridgewater...

German centrist parties reach coalition deal

German centrist parties reach coalition deal

Coalition negotiations between the CDU/CSU and SPD.Michael Kappeler | Picture Alliance | Getty ImagesGermany's centrist parties on Wednesday finalized a coalition agreement, paving the way for the Christian Democratic Union, Christian Social Union and Social...

China retaliates, Dimon predicts recession

China retaliates, Dimon predicts recession

Sen. Warren: Tariffs are causing 'economic chaos' Sen. Elizabeth Warren moved to force a vote on a resolution to repeal Trump's tariffs by canceling the emergency declaration used to justify them."By putting across-the-board tariffs with virtually every nation, on...

IRS chief quits after immigration data-sharing deal

IRS chief quits after immigration data-sharing deal

The acting head of the Internal Revenue Service plans to resign, the Treasury Department said on Tuesday, a move that comes after the agency struck a controversial deal to share tax data on undocumented immigrants with federal agents.Commissioner Melanie Krause will...

China to raise reciprocal tariffs on U.S. goods to 84%

China to raise reciprocal tariffs on U.S. goods to 84%

The Chinese flag flies in Tiananmen square, as seen from the Great Hall of the People where meetings of the National People's Congress continued in Beijing on March 6, 2025.Greg Baker | Afp | Getty ImagesChina on Wednesday said it would increase its reciprocal tariffs...

What it means for the economy and borrowers, ET BFSI

What it means for the economy and borrowers, ET BFSI

RBI shifts stance to ‘Accommodative’: What it means for the economy and borrowersIn a significant policy signal, the Reserve Bank of India (RBI) on Wednesday changed its monetary policy stance from ‘neutral’ to ‘accommodative’ while announcing a 25 basis points cut in...

China and EU reassess trading relationship

China and EU reassess trading relationship

U.S. is ‘unrecognizable’ and resembles an emerging market, says Euronext CEO CEO of Euronext Stephane Boujnah delivers a speech during the Euronext 13th annual conference in Paris on March 18, 2025. Thibaud Moritz | Afp | Getty ImagesStephane Boujnah, CEO of Euronext,...

PM Modi, BFSI News, ET BFSI

PM Modi, BFSI News, ET BFSI

New Delhi, Prime Minister Narendra Modi highlighted on Tuesday that the Pradhan Mantri MUDRA Yojana (PMMY), launched 10 years ago on April 8, has turned out to be a massive success in empowering the poor at the grassroots with over 52 crore loans given worth Rs 33...

Market chaos puts White House on defense

Market chaos puts White House on defense

Ackman walks back accusation Lutnick 'profits when our economy implodes' Ackman is apologizing for accusing Lutnick of being "indifferent" to a stock market crash because he stands to profit from it."It was unfair of me to lash out at @howardlutnick," writes Ackman."I...

I do not support tariffs exceeding 10%

I do not support tariffs exceeding 10%

Stanley Druckenmiller at CNBC's Delivering Alpha on Sept. 28, 2022.Scott Mlyn | CNBCBillionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%.The founder of Duquesne Family...

Economists, BFSI News, ET BFSI

Economists, BFSI News, ET BFSI

MUMBAI: Economists expect RBI to cut interest rates by 25 basis points (100bps = 1 percentage point) at the conclusion of its three-day monetary policy meeting on April 9, despite global trade uncertainties triggered by US President Donald Trump's tariffs. Inflation...

Commerce Secretary Lutnick tariffs are coming

Commerce Secretary Lutnick tariffs are coming

President Donald Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick, in the Oval Office of the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque | ReutersThe Trump administration will remain...

Stock market crash not part of Trump’s strategy

Stock market crash not part of Trump’s strategy

White House economic adviser Kevin Hassett stands next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. Leah Millis | ReutersA crashing stock market is not part of an intentional strategy by President...

Trump tariffs live updates: Global trade reacts

Trump tariffs live updates: Global trade reacts

Trump claims China has been "hit much harder" in tariff warU.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025.Leah Millis | ReutersPresident Donald Trump on Saturday claimed that China...

Congress has power, but question of will

Congress has power, but question of will

President Donald J Trump addresses a joint session of Congress as Vice President JD Vance and Speaker of the House Mike Johnson (R-LA) listen in the Capitol building's House chamber on Tuesday, March 04, 2025 in Washington, DC. Jabin Botsford | The Washington Post |...

China punches back, sending U.S. markets tumbling

China punches back, sending U.S. markets tumbling

China tariffs slap back at Trump's planChina's President Xi Jinping attends the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California, U.S. November 17, 2023. Carlos Barria | ReutersChina's finance ministry on Friday said it will impose a...

What the president says he wants to accomplish

What the president says he wants to accomplish

President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden on April 2, 2025.Saul Loeb | Afp | Getty ImagesPresident Donald Trump has cited a host of reasons to impose steep new tariffs on...

Trump tariffs live updates: Stock market tumbles

Trump tariffs live updates: Stock market tumbles

Trump declares victory with new tariffs: 'THE PATIENT LIVED'Trump quickly declared his "reciprocal" tariff rollout a success."THE OPERATION IS OVER!" Trump wrote in an all-caps Truth Social post. "THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT...

Trump’s list of countries facing reciprocal tariffs

Trump’s list of countries facing reciprocal tariffs

U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025.Leah Millis | ReutersPresident Donald Trump on Wednesday laid out the U.S. "reciprocal tariff" rates that more than 180 countries and...

Trump said Elon Musk to leave DOGE in coming months

Trump said Elon Musk to leave DOGE in coming months

Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. Brian Snyder | ReutersPresident Donald Trump told Cabinet members last week that billionaire Elon Musk will leave...

Trump tariffs: live updates

Trump tariffs: live updates

New tariffs will take effect 'immediately' White House Press Secretary Karoline Leavitt holds a press briefing, as headlines from articles on U.S. President Donald Trump's tariffs are displayed, at the White House in Washington, D.C., U.S April 1, 2025. Carlos Barria...

Addl Secy, MeitY, ET BFSI

Addl Secy, MeitY, ET BFSI

Source: LinkedIn (BIS)Amid the evolution of technology – in the era of LLMs and Generative AI – in almost every sectors, the most important question is, “How to build the trust?” asserted Abhishek Singh, Additional Secretary, Ministry of Electronics and Information...

Layoffs begin at U.S. health agencies

Layoffs begin at U.S. health agencies

Employees across the massive U.S. Department of Health and Human Services began receiving notices of dismissal on Tuesday in a major overhaul expected to ultimately lay off up to 10,000 people. The notices come just days after President Donald Trump moved to strip...

ANZ Group, BFSI News, ET BFSI

ANZ Group, BFSI News, ET BFSI

New Delhi [India], April 1 (ANI): The Reserve Bank of India (RBI) could extend its rate-cut cycle beyond August 2025 if economic growth weakens, according to a report by ANZ Group.The report predicts that the central bank will implement three additional rate cuts of...

FBI searches homes of Indiana University professor

FBI searches homes of Indiana University professor

Pedestrians on the campus of Indiana University Bloomington in Bloomington, Indiana, US, on Sunday, April 7, 2024. Chet Strange | Bloomberg | Getty ImagesVideo grabs of FBI raid at the home of Luddy School of Informatics, Computing, and Engineering Associate Dean for...

reciprocal tariffs will target all countries

reciprocal tariffs will target all countries

U.S. President Donald Trump walks towards Marine One on the South Lawn of the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty ImagesU.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include...

S&P Global Ratings, ET BFSI

S&P Global Ratings, ET BFSI

Tightening regulations and stricter underwriting standards in Indian microfinance will rein in growth plans for sector lenders and defuse risk build-up for overleveraged borrowers, said S&P Global Ratings.Credit analyst at S&P Global Ratings, Shinoy Varghese,...

Trump commutes Ozy Media founder Carlos Watson sentence

Trump commutes Ozy Media founder Carlos Watson sentence

 Carlos Watson, co-founder of Ozy Media, speaks with press after his sentencing hearing at Brooklyn Federal Court on December 16, 2024 in New York City. Michael M. Santiago | Getty ImagesPresident Donald Trump commuted the criminal fraud sentence of Ozy Media founder...

Trump sued by law firms targeted in executive orders

Trump sued by law firms targeted in executive orders

Signage is seen outside of the law firm WilmerHale in Washington, D.C., U.S., August 30, 2020. Andrew Kelly | ReutersTwo more law firms sued the Trump administration on Friday over executive orders by President Donald Trump targeting them for employing attorneys who...

Nikola founder Trevor Milton says Trump pardoned him

Nikola founder Trevor Milton says Trump pardoned him

Trevor Milton, founder of Nikola Corp., arrives at court in New York, on Monday, Sept. 12, 2022.Victor J. Blue | Bloomberg | Getty ImagesNikola Corp. founder Trevor Milton said Thursday that he had been granted a full pardon by President Donald Trump for his October...

Tesla arson leads to charges against Las Vegas man

Tesla arson leads to charges against Las Vegas man

Investigators look over the scene at a Tesla Collision Center after an individual used incendiary devices to set several vehicles on fire on March 18, 2025 in Las Vegas, Nevada. Ethan Miller | Getty ImagesA Las Vegas man has been arrested on charges related to the...

SEC votes to stop defending climate disclosure rules

SEC votes to stop defending climate disclosure rules

The U.S. Securities and Exchange Commission (SEC) headquarters in Washington, D.C., U.S. on March 5, 2025.Leslie Josephs | CNBCWall Street's top regulator said on Thursday it had voted to cease legal efforts to defend regulations that require companies to disclose...

Trump auto tariffs will likely drive up car prices

Trump auto tariffs will likely drive up car prices

Chevrolet Silverado trucks at a Chevrolet dealership in Vallejo, California, US, on Monday, March 3, 2025. Bloomberg | Bloomberg | Getty ImagesPresident Donald Trump's steep new tariffs on imported cars will likely jack up prices for U.S. buyers of both foreign and...

Trump to announce new auto tariffs Wednesday

Trump to announce new auto tariffs Wednesday

U.S. President Donald Trump holds paperwork he signed during an Ambassador Meeting in the Cabinet Room of the White House on March 25, 2025 in Washington, DC. Win McNamee | Getty ImagesPresident Donald Trump will announce new tariffs on auto imports Wednesday, the...

Where will the money go?

Where will the money go?

New army recruits of the Bundeswehr, Germany's armed forces, during basic training on Nov. 29, 2022 near Prenzlau, Germany.Sean Gallup | Getty ImagesAs Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent...

NITI Aayog CEO, ET BFSI

NITI Aayog CEO, ET BFSI

BVR Subrahmanyam was speaking at a launch event organized by the Confederation of Indian Industry (CII) in New Delhi.BVR Subrahmanyam, CEO, NITI Aayog on Wednesday said that everybody pay lip service to MSMEs, and that it is are most affected by regulations. “I am...

RBI Guv Malhotra, ET BFSI

RBI Guv Malhotra, ET BFSI

RBI Governor Sanjay MalhotraThe Reserve Bank of India (RBI) Governor Sanjay Malhotra has cautioned policymakers against excessive regulatory measures that could hinder legitimate investments and business activities. Speaking at the Private Sector Collaborator Forum...

Home loans up to Rs50L, BFSI News, ET BFSI

Home loans up to Rs50L, BFSI News, ET BFSI

MUMBAI: RBI has revised priority sector lending norms, effective from April 1, to boost credit flow to key economic segments by increasing loan limits, expanding eligibility criteria, and raising targets.The new norms have higher home loan limits and increased...

Tesla task force launched by FBI

Tesla task force launched by FBI

Burned Teslas are shown at a Tesla Collision Center after an individual used incendiary devices to set several vehicles on fire on March 18, 2025 in Las Vegas, Nevada.Ethan Miller | Getty ImagesThe FBI has launched a new task force to investigate attacks targeting...

RBI imposes penalty on Citibank, IDBI Bank, ET BFSI

RBI imposes penalty on Citibank, IDBI Bank, ET BFSI

The Reserve Bank of India (RBI) on Friday said it has imposed a penalty of Rs 36.28 lakh on Citibank N.A. for contravention of the directions related to reporting of transactions undertaken under the Liberalised Remittance Scheme. In another release, it said penalty...

Severe charges for arson against Musk’s Tesla

Severe charges for arson against Musk’s Tesla

Burned Teslas are shown at a Tesla Collision Center after an individual used incendiary devices to set several vehicles on fire on March 18, 2025 in Las Vegas, Nevada. Ethan Miller | Getty ImagesAttorney General Pam Bondi on Thursday touted federal cases against...

European leaders push for even more defense spending

European leaders push for even more defense spending

The European Union has plans to step up its defense spending in a big way — but some leaders want it to go even further as geopolitical tensions heighten.The European Commission, the executive arm of the EU, earlier this month proposed measures that could bring about...

Trump Commerce chief Lutnick urges Tesla stock buy

Trump Commerce chief Lutnick urges Tesla stock buy

Elon Musk, chief executive officer of Tesla Inc., from left, Howard Lutnick, US commerce secretary, walk on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, March 14, 2025.Al Drago | Bloomberg | Getty ImagesCommerce...

DOGE map of Musk world as Trump AG warns Tesla vandals

DOGE map of Musk world as Trump AG warns Tesla vandals

Zoom In IconArrows pointing outwardsA new online map is highlighting locations across the United States of Tesla owners, dealerships and Superchargers, along with purported addresses and phone numbers connected to members of the Trump administration's DOGE team, led...

AI art cannot have copyright, appeals court rules

AI art cannot have copyright, appeals court rules

A picture titled "A Recent Entrance to Paradise," which computer scientist Stephen Thaler said he had created using his generative AI platform, the "Creativity Machine."Source: Wikipedia CCA federal appeals court ruled that art created autonomously by artificial...

Trump fires both Democratic commissioners at FTC

Trump fires both Democratic commissioners at FTC

Federal Trade Commission Commissioners Rebecca Kelly Slaughter (L) and Alvaro Bedoya (R) sit behind FTC Chair Lina Khan as she testifies before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill on July 13, 2023 in Washington, DC.Chip...

Judge blocks Trump’s transgender military ban

Judge blocks Trump’s transgender military ban

US President Donald Trump speaks at the Department of Justice in Washington, DC, on March 14, 2025. Roberto Schmidt | AFP | Getty ImagesA federal judge on Tuesday temporarily blocked the U.S. military from enforcing President Donald Trump's executive order barring...

Trump deportations questioned by federal judge

Trump deportations questioned by federal judge

U.S. President Donald Trump speaks to the media during a guided tour of the John F. Kennedy Center for the Performing Arts before leading a board meeting on March 17, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesThe Department of Justice on Monday asked a...

RBI, BFSI News, ET BFSI

RBI, BFSI News, ET BFSI

Mumbai: RBI governor Sanjay Malhotra on Thursday urged banks to strengthen risk management frameworks to address credit risks associated with emerging green technologies, which have limited reliability and efficiency track records. "Regulated entities need to develop...

Elon Musk’s SpaceX, Tesla lobby on Trump tariffs

Elon Musk’s SpaceX, Tesla lobby on Trump tariffs

Tesla CEO Elon Musk watches as President Donald Trump talks to the media, outside the White House in Washington, D.C., March 11, 2025.Kevin Lamarque | ReutersTwo companies led by billionaire DOGE chief Elon Musk — SpaceX and Tesla — have submitted letters lobbying the...

Trump rebuked by Canada PM Mark Carney on joining U.S.

Trump rebuked by Canada PM Mark Carney on joining U.S.

Canada's new Prime Minister Mark Carney, with members of his government standing behind him, speaks during a press conference following a swearing-in ceremony of the new Canada's government in Ottawa, Ontario, Canada, March 14, 2025.Blair Gable | ReutersCanada's new...

The future of U.S.-Canada trade after tariff escalation

The future of U.S.-Canada trade after tariff escalation

President Donald Trump signed several executive orders at the start of his second term that lay out a blanket 25% tariff on Canadian goods imported into the United States, with some exceptions such as energy. Canadian energy will carry a lower tariff of 10%. The bulk...

RBI Governor, BFSI News, ET BFSI

RBI Governor, BFSI News, ET BFSI

Our BureauKolkata: Reserve Bank of India (RBI) Governor, Sanjay Malhotra, on Thursday, urged lenders to create a common pool of bankable green projects so that initiatives at the forefront of fighting climate change receive adequate financing and expertise."Capacity...

Greenland PM blasts Trump talk of U.S. annexation

Greenland PM blasts Trump talk of U.S. annexation

Lars Joergen Kleist, wearing a Make America Great Again hat, queues to vote at the polling station in Nuuk on March 11, 2025, as Greenland, the autonomous Danish territory, holds legislative elections.Odd Andersen | Afp | Getty ImagesPresident Donald Trump said...

Trump pardons former Tennessee Sen. Brian Kelsey

Trump pardons former Tennessee Sen. Brian Kelsey

Former Tennessee Sen. Brian Kelsey, left, arrives at federal court, Nov. 22, 2022, in Nashville, Tenn. On Monday, July 8, 2024, a federal appeals panel ruled to keep a 21-month prison sentence in place for the former Tennessee state senator who tried to withdraw his...

Trump risks recession from tariffs: Doug Ford

Trump risks recession from tariffs: Doug Ford

Ontario Premier Doug Ford said Tuesday that if there is a recession "there's one person to be blamed, and that's President [Donald] Trump.""If we go into a recession, it will be called the Trump recession," Ford warned in an interview with CNBC's "Money Movers" after...

Elon Musk forecasts DOGE savings as Tesla shares tank

Elon Musk forecasts DOGE savings as Tesla shares tank

DOGE chief Elon Musk said Monday that he is running his businesses "with great difficulty," as shares of his automotive firm Tesla suffered their worst drop in a half-decade, and as his social media company X experienced several outages.Musk also said during an...

Relief now, inflation risks ahead?, ET BFSI

Relief now, inflation risks ahead?, ET BFSI

The Reserve Bank of India’s (RBI) latest liquidity measures have provided immediate relief to the banking system, pushing bank stocks higher and easing concerns over a funding crunch. However, the scale of intervention—Rs 1 lakh crore through open market operations...

Mark Carney wins race to replace Canada’s Trudeau

Mark Carney wins race to replace Canada’s Trudeau

Former Bank of Canada and Bank of England governor Mark Carney speaks as members of Canada's Liberal Party gather to choose a successor to Prime Minister Justin Trudeau, in Ottawa, Ontario, Canada, on March 9, 2025.Blair Gable | ReutersFormer central banker Mark...

Trump blames ‘globalists’ for stock market sell-off

Trump blames ‘globalists’ for stock market sell-off

U.S. President Donald Trump speaks in the Oval Office, on the day he signs executive orders, at the White House in Washington, D.C., U.S. March 6, 2025. Evelyn Hockstein | ReutersMajor stock indices dropped sharply this week, as rattled investors struggled to get a...

Trump broke law firing NLRB member Wilcox, judge rules

Trump broke law firing NLRB member Wilcox, judge rules

Gwynne Wilcox, attorney who was a member and chairman of the National Labor Relations Board.Courtesy: National Labor Relations BoardA federal judge on Thursday reversed the firing of a National Labor Relations Board member by President Donald Trump, with a scathing...

House censures Rep. Al Green for heckling Trump speech

House censures Rep. Al Green for heckling Trump speech

Rep. Al Green (D-TX) shouts out as U.S. President Donald Trump addresses a joint session of Congress at the U.S. Capitol on March 04, 2025 in Washington, DC.Win Mcnamee | Via ReutersThe House of Representatives voted Thursday to censure Texas Democratic Rep. Al Green...

Trump administration removes ethics watchdog Dellinger

Trump administration removes ethics watchdog Dellinger

FILE PHOTO: Special Counsel of the U.S. Office of Special Counsel Hampton Dellinger poses for a portrait in an undated handout image.U.S. Office Of Special Counsel | Via ReutersA federal appeals court on Wednesday allowed the Trump administration to remove a top...

Trump Commerce chief Lutnick blames Biden for economy

Trump Commerce chief Lutnick blames Biden for economy

President Donald Trump acknowledges the crowd after his inauguration as the 47th president of the United States, in the Rotunda of the U.S. Capitol in Washington, D.C., Jan. 20, 2025.Shawn Thew | Via ReutersCommerce Secretary Howard Lutnick argued Wednesday that...

Trump blasted for Jan. 6 Capitol riot, pardons

Trump blasted for Jan. 6 Capitol riot, pardons

Trump supporters clash with police and security forces as they storm the US Capitol in Washington, DC on January 6, 2021.Olivier Douliery | AFP | Getty ImagesPresident Donald Trump was blasted online Tuesday night over his pardoning of Jan. 6 U.S. Capitol riot...

Trump addresses joint session of Congress

Trump addresses joint session of Congress

President Donald Trump addressed a joint session of Congress on Tuesday night amid stock market turmoil driven by his stiff new tariffs on Canada, Mexico and China, and the controversy over Elon Musk's DOGE campaign to slash federal spending and workforce levels.The...

U.S. will control it ‘one way or the other’

U.S. will control it ‘one way or the other’

President Donald Trump said Tuesday that the United States would take control of Greenland "one way or the other," escalating months of increasingly aggressive rhetoric towards the self-governing Danish territory.Addressing a joint session of Congress in Washington,...

The levies push limits of presidential authority

The levies push limits of presidential authority

U.S. President Donald Trump reacts as he speaks with members of the media on the South Lawn before boarding Marine One at the White House, in Washington, D.C., U.S., Feb. 28, 2025. Nathan Howard | ReutersU.S. importers and their customers are about to experience the...

Trump tariffs on Canada and Mexico take effect Tuesday

Trump tariffs on Canada and Mexico take effect Tuesday

President Donald Trump said that on Tuesday he will impose 25% tariffs on goods imported from Canada and Mexico, dashing hopes for a last-minute deal that could avoid a trade war with two of the U.S.' top trading partners.Trump told reporters there was "no room left...

RBI DG to lenders, ET BFSI

RBI DG to lenders, ET BFSI

Mumbai, Reserve Bank Deputy Governor Swaminathan J on Monday said that showing empathy towards distressed borrowers from small businesses is important for lenders. Addressing the 29th Meeting of the Standing Advisory Committee (SAC) to review the flow of credit to the...

Cong on rising gold loans, ET BFSI

Cong on rising gold loans, ET BFSI

New Delhi, The Congress on Tuesday flagged the issue of rise in gold loans and claimed that the Indian economy is "deep in a Modi-made crisis". Congress general secretary in-charge communications Jairam Ramesh cited the February RBI data and pointed out that gold...

Trump expected to discuss TSMC investment in U.S.

Trump expected to discuss TSMC investment in U.S.

[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump is expected on Monday to formally announce a planned $100 billion investment in the U.S. by chip manufacturer Taiwan...

Andrew Cuomo launches campaign for NYC mayor

Andrew Cuomo launches campaign for NYC mayor

Former Gov. Andrew Cuomo, D-N.Y., arrives for a closed-door interview with the House Oversight and Accountability Subcommittee on Coronavirus Pandemic about New York's response to COVID-19, at O'Neill building in Washington, D.C., on Tuesday, June 11, 2024. Tom...

RBI Fines HSBC, IIFL Samasta, BFSI News, ET BFSI

RBI Fines HSBC, IIFL Samasta, BFSI News, ET BFSI

Mumbai: Reserve Bank of India has imposed a ₹33 lakh penalty on micro finance company IIFL Samasta Finance for non-compliance with RBI directions on loan period, non- classification of certain loan accounts as NPA despite being 90 days or more overdue, and alloting...

‘Not good for both sides’

‘Not good for both sides’

Ukrainian President Volodymyr Zelensky speaks during an interview with Fox News Chief Political Anchor Bret Baier on Special Report With Bret Baier at the Fox News studios on Feb. 28, 2025 in Washington, DC.Win McNamee | Getty ImagesUkrainian President Volodymyr...

Trump, British Prime Minister Starmer press conference

Trump, British Prime Minister Starmer press conference

[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump and British Prime Minister Keir Starmer are holding a joint press conference at the White House on Thursday.Starmer and Trump...

House Republicans advance Trump’s tax cut plan

House Republicans advance Trump’s tax cut plan

Speaker of the House Mike Johnson, R-La., conducts a news conference in the Capitol Visitor Center on the potential budget resolution vote and other issues, after a meeting of the House Republican Conference on Tuesday, Feb. 25, 2025.Tom Williams | CQ-Roll Call, Inc....

RBI report, BFSI News, ET BFSI

RBI report, BFSI News, ET BFSI

MUMBAI: Corporate profits grew 15.3% in FY24, despite sluggish sales growth of around 5.5%, on the back of cost rationalisation, an RBI report said. The services sector outperformed manufacturing in both sales and profit growth, reversing the trend from FY23 when...

Trump, Emmanuel Macron hold press conference

Trump, Emmanuel Macron hold press conference

[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump and French President Emmanuel Macron are set to hold a joint press conference at the White House on Monday, as western Europe...

Lawsuit challenges threat to federal workers

Lawsuit challenges threat to federal workers

CEO of Tesla and SpaceX Elon Musk speaks at the Conservative Political Action Conference (CPAC) at the Gaylord National Resort Hotel And Convention Center on Feb. 20, 2025 in Oxon Hill, Maryland.Andrew Harnik | Getty ImagesA newly amended lawsuit challenges a threat...

5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day:1. Rocky runInvestors hope U.S. stocks will rally after a dismal end to the last trading week. Equities tumbled Thursday and Friday, and the S&P 500 and Nasdaq Composite fell...

Voters flocked to AfD and Die Linke political extremes

Voters flocked to AfD and Die Linke political extremes

Election campaign posters for (from R) the Free Democrats (FDP), the Left Party (Die Linke), The Social Democratic Part (SPD), the Green Party (Die Gruenen), and the Christian Democratic Party (CDU) line a boulevard in Berlin on January 20, 2025.John Macdougall | Afp...

Trump says Dan Bongino to be FBI deputy director

Trump says Dan Bongino to be FBI deputy director

Dan Bongino in Hollywood, Florida on Nov. 17, 2022.Jason Koerner | Getty Images Entertainment | Getty ImagesPresident Donald Trump said in a post on social media Sunday that Dan Bongino, a conservative talk show host, will be deputy director of the FBI.Bongino will...

German 2025 federal election results

German 2025 federal election results

The evening sun shines on the Reichstag building of the German Bundestag with the inscription "Dem Deutschen Volke.Fabian Sommer | Picture Alliance | Getty ImagesBERLIN — The Christian Democratic Union and the allied Christian Social Union secured the largest share of...

5 things to know before the stock market opens Friday

5 things to know before the stock market opens Friday

Here are the most important news items that investors need to start their trading day:1. StallmartInvestors hope to end a lackluster week on a high note. Stocks dropped on Thursday, as the S&P 500 dipped 0.4%, the Nasdaq Composite lost 0.5% and the Dow Jones...

RBI Deputy Governor, ET BFSI

RBI Deputy Governor, ET BFSI

Mumbai (Maharashtra) [India] February 21 (ANI): Financial institutions must invest in digital infrastructure and adopt a data-driven, customer-centric approach to remain competitive in the evolving financial landscape, according to Deputy Governor of the Reserve Bank...

New York governor Hochul will not remove mayor

New York governor Hochul will not remove mayor

New York City Mayor Eric Adams arrives for a court hearing at Thurgood Marshall Courthouse on February 19, 2025 in New York City. Eduardo Munoz Alvarez | Getty ImagesNew York Governor Kathy Hochul is set to announce Thursday afternoon that she will not remove...

DOJ dismissal hearing in New York court

DOJ dismissal hearing in New York court

NYC Mayor Eric Adams speaks during a press conference with NYPD Commissioner Jessica Tisch at Bellevue Hospital Center on Feb. 18, 2025 in New York City.Michael M. Santiago | Getty ImagesA top Department of Justice official on Wednesday offered a new rationale for the...

Trump Media sues Brazil justice who crossed Elon Musk

Trump Media sues Brazil justice who crossed Elon Musk

FILE PHOTO: Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., February 11, 2025. REUTERS/Kevin Kevin Lamarque | ReutersTrump Media and its fellow conservative-oriented social media company Rumble on...

Financial services secretary, ET BFSI

Financial services secretary, ET BFSI

In 2020, the limit was raised from ₹100,000 after restrictions were placed on Punjab and Maharashtra Cooperative Bank over financial irregularities.NEW DELHI/MUMBAI: India is actively considering raising the bank deposit insurance coverage, a top official said on...

3 Biden clean energy rules top targets for Senate GOP

3 Biden clean energy rules top targets for Senate GOP

Republican U.S. Senator John Thune (R-SD), who was elected to become the next Senate Majority Leader, speaks to the media after a U.S. Senate Republicans meeting to vote on leadership positions for the 119th Congress, on Capitol Hill in Washington, U.S., November 13,...

Elon Musk’s X settles Trump lawsuit over deplatforming

Elon Musk’s X settles Trump lawsuit over deplatforming

Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | ReutersSocial media company X has agreed to pay about $10 million to settle a lawsuit by President Donald Trump, who...

Trump froze law that hit Tesla suppliers

Trump froze law that hit Tesla suppliers

Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | ReutersThe anti-bribery law whose enforcement President Donald Trump has suspended was previously used by the...

Businessman Duped of Rs 37.5 Lakh, ET BFSI

Businessman Duped of Rs 37.5 Lakh, ET BFSI

A web of deception unraveled when a businessman, desperate for financial aid, fell for the words of fraudsters, who lured him with promises of accessing money stuck in the Reserve Bank of India (RBI). Using forged documents, the scammers, who were known to the victim,...

White House bars AP from Oval Office

White House bars AP from Oval Office

U.S. President Donald Trump speaks to reporters after signing a proclamation renaming the Gulf of Mexico to the Gulf of America, while flying over the gulf aboard Air Force One en route to New Orleans to attend the Super Bowl, February 9, 2025. Kevin Lamarque |...

Trump poll shows high approval ratings for first weeks

Trump poll shows high approval ratings for first weeks

U.S. President Donald Trump salutes before the Super Bowl 59 game between the Philadephia Eagles and the Kansas City Chiefs on Feb. 9, 2025.Evelyn Hockstein | ReutersPresident Donald Trump received one of his highest job approval ratings in his decade long political...

Trump removes director of government ethics office

Trump removes director of government ethics office

David Huitema, Director of the Office of Government Ethics, sits down with Reuters for his first interview on the job, at his office in Washington, U.S., Jan. 2, 2025.Evelyn Hockstein | ReutersPresident Donald Trump has removed David Huitema as director of the U.S....

5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day:1. A bumpy rideStock futures climbed Monday as investors digested the latest phase in a brewing global trade war. The three major U.S. averages dipped last week. The S&P 500...

FM Nirmala Sitharaman, ET BFSI

FM Nirmala Sitharaman, ET BFSI

Finance Minister Nirmala Sitharaman on Monday said action will be taken in case there are violations of well laid down processes for auctioning of gold by banks and NBFCs when a borrower fails to pay the gold loan. During Question Hour in Lok Sabha, she said Non...

Bank of Baroda, ET BFSI

Bank of Baroda, ET BFSI

New Delhi: The Reserve Bank of India (RBI) may cut interest rates further by 50 basis points (bps) in 2025 and shift its stance from "neutral" to "accommodative," according to a report by Bank of Baroda.The report suggested that the central bank has entered a rate-cut...

Trump’s USAID staff plan paused by federal judge

Trump’s USAID staff plan paused by federal judge

A worker removes the U.S. Agency for International Development sign on their headquarters on Feb. 7, 2025 in Washington, DC.Kayla Bartkowski | Getty ImagesA federal judge on Friday said he would temporarily pause the Trump administration's plan to place thousands of...

Rate Cut, Market Reforms & Digital Security, ET BFSI

Rate Cut, Market Reforms & Digital Security, ET BFSI

RBI Governor Sanjay Malhotra delivers the Monetary Policy statementThe Reserve Bank of India on Friday announced the outcomes of the Monetary Policy Committee (MPC) meeting held on February 5-6, reducing the repo rate by 25 basis points to 6.25 per cent led by a...

Senate confirms Trump budget director pick Vought

Senate confirms Trump budget director pick Vought

Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 22, 2025. Al Drago | Bloomberg | Getty ImagesThe Republican-led...

Revenue Secretary, Tuhin Kanta Pandey, ET BFSI

Revenue Secretary, Tuhin Kanta Pandey, ET BFSI

Revenue Secretay, Tuhin Kanta PandeyRevenue Secretary, Tuhin Kanta Pandey ahead of the upcoming Income Tax Bill, which was announced by the Finance Minister, Nirmala Sitharaman during her budget speech, said the Bill will not introduce any new taxes. “When you will...

Why Trump loves them, and how they work

Why Trump loves them, and how they work

A drone view shows shipping containers from China, at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, California, Feb. 4, 2025. Mike Blake | ReutersPresident Donald Trump has long been a fan of tariffs, and in...

Bank of Baroda, ET BFSI

Bank of Baroda, ET BFSI

RBI may cut Repo Rate by 25 bps on February 7: Bank of BarodaNew Delhi [India], February 6 (ANI): The Reserve Bank of India (RBI) is expected to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy announcement on February 7, according to a...

Trump sued over purge at NLRB

Trump sued over purge at NLRB

U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, U.S., Jan. 31, 2025. Carlos Barria | ReutersThe former chair of the National Labor Relations Board in a new lawsuit Wednesday accused President...

Argentina to withdraw from WHO after Trump exit

Argentina to withdraw from WHO after Trump exit

Argentina's President Javier Milei addresses the audience during the World Economic Forum (WEF) annual meeting in Davos on January 23, 2025. Milei said at a Bloomberg event on January 22, 2026 that "The world should celebrate the arrival of President Trump,"before...

Watch Trump’s Gaza takeover remarks

Watch Trump’s Gaza takeover remarks

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu held a joint press conference at the White House Tuesday, as a fragile ceasefire in Gaza continued to hold.There, Trump shocked the world by announcing that he wants the United States to "take over"...

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