
Adani Group to Invest Rs 7.5 Lakh Crore in Rajasthan's Growth and Green Energy
In a major boost to Rajasthan's economic prospects, the Adani Group has pledged to invest Rs 7.5 lakh crore in the state over the next five years. This massive investment will fund key infrastructure projects, including the creation of four new cement plants and the establishment of a world-leading green energy ecosystem. Karan Adani, CEO of Adani Ports, shared these details at the 'Rising Rajasthan' Investor Summit 2024, where he highlighted the ambitious plans to build the world
Adani Group to Invest Rs 7.5 Lakh Crore in Rajasthan's Growth and Green Energy
In a major boost to Rajasthan's economic prospects, the Adani Group has pledged to invest Rs 7.5 lakh crore in the state over the next five years. This massive investment will fund key infrastructure projects, including the creation of four new cement plants and the establishment of a world-leading green energy ecosystem. Karan Adani, CEO of Adani Ports, shared these details at the 'Rising Rajasthan' Investor Summit 2024, where he highlighted the ambitious plans to build the world

Trump Announces Plans to End Birthright Citizenship and Deport Undocumented Families
President-elect Donald Trump has outlined his vision for major immigration changes in an interview with Meet the Press. His plans include ending birthright citizenship, deporting families with mixed immigration status, and finding a solution for Dreamers, undocumented immigrants brought to the U.S. as children. Ending Birthright Citizenship Currently, the U.S. grants citizenship to anyone born on its soil, regardless of their parents' immigr
Trump Announces Plans to End Birthright Citizenship and Deport Undocumented Families
President-elect Donald Trump has outlined his vision for major immigration changes in an interview with Meet the Press. His plans include ending birthright citizenship, deporting families with mixed immigration status, and finding a solution for Dreamers, undocumented immigrants brought to the U.S. as children. Ending Birthright Citizenship Currently, the U.S. grants citizenship to anyone born on its soil, regardless of their parents' immigr

Indian Rupee Strengthens as RBI Keeps Rates Unchanged
The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p
Indian Rupee Strengthens as RBI Keeps Rates Unchanged
The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p

Trump Appoints David Sacks as AI and Crypto Czar
President-elect Donald Trump has appointed David Sacks, former PayPal COO and prominent podcaster, as the White House czar for artificial intelligence (AI) and cryptocurrency. This newly created role will see Sacks guide the administration's policy on these crucial sectors, which are seen as vital for America's future competitiveness. However, the specifics of how this new role will function within the government remain unclear. Trump praised Sacks for his business acumen, intelligenc
Trump Appoints David Sacks as AI and Crypto Czar
President-elect Donald Trump has appointed David Sacks, former PayPal COO and prominent podcaster, as the White House czar for artificial intelligence (AI) and cryptocurrency. This newly created role will see Sacks guide the administration's policy on these crucial sectors, which are seen as vital for America's future competitiveness. However, the specifics of how this new role will function within the government remain unclear. Trump praised Sacks for his business acumen, intelligenc

Oil Prices Rangebound Ahead of OPEC+ Decision and Trump Risks
Oil prices have shown remarkable stability, remaining in a narrow range since mid-October, with West Texas Intermediate (WTI) crude fluctuating around $70 per barrel. This rangebound trend has been characterized by a significant drop in volatility, with recent levels at their lowest since August. Despite ongoing geopolitical risks, such as the tensions between Iran and Israel and the potential impacts of a second Donald Trump presidency, traders have remained cautious. The market's curren
Oil Prices Rangebound Ahead of OPEC+ Decision and Trump Risks
Oil prices have shown remarkable stability, remaining in a narrow range since mid-October, with West Texas Intermediate (WTI) crude fluctuating around $70 per barrel. This rangebound trend has been characterized by a significant drop in volatility, with recent levels at their lowest since August. Despite ongoing geopolitical risks, such as the tensions between Iran and Israel and the potential impacts of a second Donald Trump presidency, traders have remained cautious. The market's curren

Trump Jokes About Making Canada the 51st State During Dinner with Trudeau
During a meeting at Donald Trump’s Mar-a-Lago estate in Florida, President-elect Trump reportedly joked with Canadian Prime Minister Justin Trudeau about making Canada the 51st state of the United States. The two leaders were discussing serious issues, including trade imbalances and border security, which had become a focal point for the incoming administration. Trump had previously threatened to impose a 25% tariff on Canadian goods if Canada did not address issues like illegal immigra
Trump Jokes About Making Canada the 51st State During Dinner with Trudeau
During a meeting at Donald Trump’s Mar-a-Lago estate in Florida, President-elect Trump reportedly joked with Canadian Prime Minister Justin Trudeau about making Canada the 51st state of the United States. The two leaders were discussing serious issues, including trade imbalances and border security, which had become a focal point for the incoming administration. Trump had previously threatened to impose a 25% tariff on Canadian goods if Canada did not address issues like illegal immigra

AP Government Takes Strong Action Against Liquor Price Violations and Illegal Sales
In response to growing concerns over liquor shops charging more than the Maximum Retail Price (MRP) for bottled liquor, the Andhra Pradesh government has introduced strict corrective measures. A new Government Order (G.O.) has been released, which imposes a fine of Rs 5 lakh for the first offense if liquor stores are found violating MRP regulations. The government aims to ensure that consumers are not charged unfair prices and that liquor sales are conducted with transparency. The n
AP Government Takes Strong Action Against Liquor Price Violations and Illegal Sales
In response to growing concerns over liquor shops charging more than the Maximum Retail Price (MRP) for bottled liquor, the Andhra Pradesh government has introduced strict corrective measures. A new Government Order (G.O.) has been released, which imposes a fine of Rs 5 lakh for the first offense if liquor stores are found violating MRP regulations. The government aims to ensure that consumers are not charged unfair prices and that liquor sales are conducted with transparency. The n

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation
The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu
RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation
The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Kash Patel: Five things to know about Trump’s Indian-origin pick for FBI chief
Kash Patel: Five Things to Know About Trump’s Indian-Origin Pick for FBI Chief US President-elect Donald Trump has announced Kash Patel as his nominee for the next Director of the Federal Bureau of Investigation (FBI). Here are five key things to know about him: 1. Born in New York to Indian Parents Kashyap Pramod Patel, popularly known as Kash Patel, was born to Gujarati-Indian parents in Long Island, New York. Raised as
Kash Patel: Five things to know about Trump’s Indian-origin pick for FBI chief
Kash Patel: Five Things to Know About Trump’s Indian-Origin Pick for FBI Chief US President-elect Donald Trump has announced Kash Patel as his nominee for the next Director of the Federal Bureau of Investigation (FBI). Here are five key things to know about him: 1. Born in New York to Indian Parents Kashyap Pramod Patel, popularly known as Kash Patel, was born to Gujarati-Indian parents in Long Island, New York. Raised as

Russia Launches Massive Missile and Drone Attack on Ukraine's Power Grid
Russia launched a massive assault on Ukraine’s energy infrastructure overnight, using 90 missiles and 100 drones. The attack has left over one million people without electricity as temperatures drop, marking the 11th large-scale attack on Ukraine's power systems this year. Ukrainian authorities have accused Russia of "weaponizing winter," with Ukrainian President Volodymyr Zelenskyy condemning the use of cluster munitions against civilians and infrastructure. At
Russia Launches Massive Missile and Drone Attack on Ukraine's Power Grid
Russia launched a massive assault on Ukraine’s energy infrastructure overnight, using 90 missiles and 100 drones. The attack has left over one million people without electricity as temperatures drop, marking the 11th large-scale attack on Ukraine's power systems this year. Ukrainian authorities have accused Russia of "weaponizing winter," with Ukrainian President Volodymyr Zelenskyy condemning the use of cluster munitions against civilians and infrastructure. At

Potential Impact of Trump’s 25% Tariff on Imports from Mexico and Canada
President-elect Donald Trump has vowed to impose a 25% tariff on all goods imported from Mexico and Canada, set to take effect on his first day in office, January 20. The new tariffs are expected to have severe implications for American consumers, including higher prices on everyday products such as gasoline, produce, cars, and alcohol. Mexico, now the US’s top trading partner, and Canada, a major supplier of oil and agricultural products, will be significantly impacted by these tariffs
Potential Impact of Trump’s 25% Tariff on Imports from Mexico and Canada
President-elect Donald Trump has vowed to impose a 25% tariff on all goods imported from Mexico and Canada, set to take effect on his first day in office, January 20. The new tariffs are expected to have severe implications for American consumers, including higher prices on everyday products such as gasoline, produce, cars, and alcohol. Mexico, now the US’s top trading partner, and Canada, a major supplier of oil and agricultural products, will be significantly impacted by these tariffs

Trump Nominates Jay Bhattacharya as NIH Director
US President-elect Donald Trump has chosen Indian-American scientist Jay Bhattacharya to lead the National Institutes of Health (NIH), a pivotal role in overseeing health research and funding in the United States. Bhattacharya, a professor at Stanford University with expertise in health policy and the economics of aging, will work alongside Robert F. Kennedy Jr. to address the nation's most pressing health issues, including chronic illness and disease. Bhattacharya is known for his contro
Trump Nominates Jay Bhattacharya as NIH Director
US President-elect Donald Trump has chosen Indian-American scientist Jay Bhattacharya to lead the National Institutes of Health (NIH), a pivotal role in overseeing health research and funding in the United States. Bhattacharya, a professor at Stanford University with expertise in health policy and the economics of aging, will work alongside Robert F. Kennedy Jr. to address the nation's most pressing health issues, including chronic illness and disease. Bhattacharya is known for his contro

AP CM Plans Deep-Tech Building and New IT Policy for Startups
In a recent initiative to transform Andhra Pradesh into a technology hub, Chief Minister N. Chandrababu Naidu introduced a comprehensive new IT policy designed to promote Deep-Tech and Artificial Intelligence. During a review meeting, Naidu revealed plans to build an iconic Deep-Technology structure in Amaravati, aimed at harnessing the latest advancements in technology. The state government also announced a seed funding scheme under the Start-Up Policy to support SCs, STs, BCs, minorities, a
AP CM Plans Deep-Tech Building and New IT Policy for Startups
In a recent initiative to transform Andhra Pradesh into a technology hub, Chief Minister N. Chandrababu Naidu introduced a comprehensive new IT policy designed to promote Deep-Tech and Artificial Intelligence. During a review meeting, Naidu revealed plans to build an iconic Deep-Technology structure in Amaravati, aimed at harnessing the latest advancements in technology. The state government also announced a seed funding scheme under the Start-Up Policy to support SCs, STs, BCs, minorities, a

Bitcoin's Longest Losing Streak Since Trump’s Election as $100K Target Fades
Bitcoin recently saw its longest losing streak since the 2016 US election, as its attempt to break the $100,000 price barrier failed, cooling the initial speculative fervor sparked by Donald Trump’s embrace of cryptocurrencies. The digital asset dropped about 6% over three days, bringing its value to $94,000 by Tuesday morning in London. This was part of a broader cooling in the crypto market, which had surged by $1 trillion since Election Day, but struggled to maintain momentum.
Bitcoin's Longest Losing Streak Since Trump’s Election as $100K Target Fades
Bitcoin recently saw its longest losing streak since the 2016 US election, as its attempt to break the $100,000 price barrier failed, cooling the initial speculative fervor sparked by Donald Trump’s embrace of cryptocurrencies. The digital asset dropped about 6% over three days, bringing its value to $94,000 by Tuesday morning in London. This was part of a broader cooling in the crypto market, which had surged by $1 trillion since Election Day, but struggled to maintain momentum.

China Warns Against Trade War as Trump Vows Tariffs Over Fentanyl and Immigration
China has issued a strong warning against escalating trade tensions with the United States after President-elect Donald Trump vowed to impose significant tariffs on goods from China and other countries. Trump’s proposed tariffs are a response to concerns over illegal drug trade and immigration, with a particular focus on China's role in the fentanyl smuggling issue. Liu Pengyu, spokesperson for the Chinese embassy in the United States, reiterated that China views US-China
China Warns Against Trade War as Trump Vows Tariffs Over Fentanyl and Immigration
China has issued a strong warning against escalating trade tensions with the United States after President-elect Donald Trump vowed to impose significant tariffs on goods from China and other countries. Trump’s proposed tariffs are a response to concerns over illegal drug trade and immigration, with a particular focus on China's role in the fentanyl smuggling issue. Liu Pengyu, spokesperson for the Chinese embassy in the United States, reiterated that China views US-China

US Universities Alert International Students on Trump’s Immigration Crackdown
US universities are urging international students and staff to return to campus ahead of President-elect Donald Trump taking office in January, amid growing concerns over his pledged immigration policies. Trump has vowed to enact the largest deportation operation in US history, creating widespread uncertainty among students and academic institutions. During his election campaign, Trump proposed mass deportations and hinted at utilizing the US military to implement his immigration ag
US Universities Alert International Students on Trump’s Immigration Crackdown
US universities are urging international students and staff to return to campus ahead of President-elect Donald Trump taking office in January, amid growing concerns over his pledged immigration policies. Trump has vowed to enact the largest deportation operation in US history, creating widespread uncertainty among students and academic institutions. During his election campaign, Trump proposed mass deportations and hinted at utilizing the US military to implement his immigration ag

Why Indian-Americans Are Rethinking Their Vote: A Shift That Shaped 2024
Kamala Harris’s Indian heritage seemed like it would easily win over Indian-American voters, a group that traditionally supports Democrats. But in the 2024 election, many in this community moved toward Donald Trump, helping him secure a big victory. This shift reflects what’s happening across the country: voters want leaders focused on economic stability, safety, and family values, not just social issues. Recent polls show the change clearly. From 2020 to 2024, Indian-Am
Why Indian-Americans Are Rethinking Their Vote: A Shift That Shaped 2024
Kamala Harris’s Indian heritage seemed like it would easily win over Indian-American voters, a group that traditionally supports Democrats. But in the 2024 election, many in this community moved toward Donald Trump, helping him secure a big victory. This shift reflects what’s happening across the country: voters want leaders focused on economic stability, safety, and family values, not just social issues. Recent polls show the change clearly. From 2020 to 2024, Indian-Am

Adani Group Reports Record Performance and Reduced Debt Exposure
The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and
Adani Group Reports Record Performance and Reduced Debt Exposure
The Adani Group reported a record financial performance in the first half of the ongoing financial year and for the trailing twelve months, driven by its growing businesses in infrastructure, energy, and renewables. The group's net exposure to Indian banks stands at $11 billion, with equity now accounting for 63% of its total debt. This marks a reduction in the conglomerate's reliance on debt. The strong growth in the first half was fueled by Adani Enterprises' solar and

Chandrababu Naidu's Green Energy Push
Andhra Pradesh is set to make a significant leap in the green energy sector under the leadership of Chief Minister N. Chandrababu Naidu. His commitment to sustainable development is evident through a new joint venture between NTPC Green Energy Ltd. and NREDCAP, which aims to set up renewable energy projects worth Rs 2,00,000 crore in the state. Following the enforcement of the new ICE Policy 2024, these projects will focus on the installation of 25 GW of solar and wind energy capacity, 10 GW
Chandrababu Naidu's Green Energy Push
Andhra Pradesh is set to make a significant leap in the green energy sector under the leadership of Chief Minister N. Chandrababu Naidu. His commitment to sustainable development is evident through a new joint venture between NTPC Green Energy Ltd. and NREDCAP, which aims to set up renewable energy projects worth Rs 2,00,000 crore in the state. Following the enforcement of the new ICE Policy 2024, these projects will focus on the installation of 25 GW of solar and wind energy capacity, 10 GW

The Impact of Immigration Policy on High-Skilled Workers in the US
The 1990 Immigration Act brought significant changes to the H-1B visa program and employment-based green cards, imposing caps of 65,000 and 140,000 annually, respectively. These restrictions were implemented without considering the growing demand for skilled labor fueled by technological advancements. The arbitrary cap on H-1B visas quickly became insufficient as more than 70% of graduate students in tech fields at US universities were international students. In response to the escalat
The Impact of Immigration Policy on High-Skilled Workers in the US
The 1990 Immigration Act brought significant changes to the H-1B visa program and employment-based green cards, imposing caps of 65,000 and 140,000 annually, respectively. These restrictions were implemented without considering the growing demand for skilled labor fueled by technological advancements. The arbitrary cap on H-1B visas quickly became insufficient as more than 70% of graduate students in tech fields at US universities were international students. In response to the escalat