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 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

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

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

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 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

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

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

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 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 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 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

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

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

Elon Musk, CEO of Tesla and SpaceX, has emerged as a close ally of President-elect Donald Trump, earning the nickname “First Buddy” for his prominent presence in Trump’s circle. Musk’s influence extends from offering advice on personnel choices to joining phone calls with world leaders, including Google’s Sundar Pichai. Their relationship was most evident during Trump’s victory, where Musk was seen by Trump’s side, both on election night at

President-elect Donald Trump has nominated Dr. Mehmet Oz to lead the Centers for Medicare and Medicaid Services (CMS), the federal agency overseeing health insurance programs for over 150 million Americans. Trump expressed confidence in Oz's ability to enhance healthcare quality and efficiency, emphasizing a focus on disease prevention and reducing waste and fraud within the agency. Dr. Oz, a cardiothoracic surgeon and television personality, gained national recognition through

Donald Trump’s allies have sharply criticized President Joe Biden’s recent decision to allow Ukraine to use US-supplied long-range missiles for attacks inside Russian territory, calling it a dangerous escalation of the ongoing war. This move marks a significant policy shift with just two months left in Biden’s presidency, and it comes amid mounting tensions over the war’s direction and potential negotiations for peace. The new policy fulfills a long-standing

Recently re-elected for a second term, U.S. President-elect Donald Trump has suggested to House Republicans that he might consider pursuing an unprecedented third term. Known for making bold statements, Trump said, “I suspect I won’t be running again unless you (supporters) say otherwise,” stirring excitement among his audience at a Washington, D.C., hotel event ahead of his meeting with President Joe Biden. While the U.S. Constitution restricts any president to two terms, q

US President-elect Donald Trump’s proposed H-1B visa restrictions could have significant implications for India's economy. A report by the State Bank of India (SBI) suggests that while stricter visa rules might increase costs for Indian IT firms operating in the US, they could also encourage India to focus more on domestic manufacturing and economic independence. This potential shift aligns with Prime Minister Narendra Modi’s Atmanirbhar Bharat (self-reliant India) initiative,

On Wednesday, November 13, 2024, President-elect Donald Trump appointed former Democratic Congresswoman Tulsi Gabbard as his incoming Director of National Intelligence and Senator Marco Rubio as Secretary of State. Gabbard, known for her non-interventionist stance, previously demanded the withdrawal of U.S. troops from Iraq and Syria during her 2020 presidential campaign. Rubio, a son of Cuban immigrants and a staunch critic of Latin American communism, would become the first Hispanic to hold