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NRIPage | Articles | galaxy | Get Latest Political News & Updates, Sports News, Latest NRI News & Updates, Latest International News & Updates in India, USA & other countries around the world in - NRI Page
US Stocks Drop Sharply Following Trump's Tariffs on Canada, Mexico, and China

US Stocks Drop Sharply Following Trump's Tariffs on Canada, Mexico, and China

The US stock market saw a sharp decline on Monday following President Donald Trump’s announcement of new tariffs on Canada, Mexico, and China. The Dow Jones Industrial Average fell by over 450 points, marking a decline of more than 1%, while the S&P 500 dropped 1.5% and the Nasdaq lost 1.8%. These significant losses reflect growing concerns over escalating trade tensions and the potential negative impact on the global economy. The new tariffs, which impose a 25% duty on imports from

Indian Stock Market Soars on February 4: Key Drivers Behind the Surge

Indian Stock Market Soars on February 4: Key Drivers Behind the Surge

On February 4, Indian stock markets experienced a strong rally as the Sensex and Nifty surged following positive global cues and optimism surrounding a potential rate cut by the Reserve Bank of India. The Sensex opened at 77,687.60 and gained over 700 points to reach 77,952, while the Nifty 50 opened at 23,509.90 and rose nearly 1% to 23,582. Mid-cap and small-cap stocks also posted gains, contributing to an overall bullish sentiment in the market. Investor confidence was boost

"Union Budget 2025: Income Tax Exemption, Automobile Sector Impact & Growth Forecast"

The Union Budget 2025 introduced a significant revision to the income tax exemption limit, raising it to ₹12 lakh. This change has sparked expectations of increased consumer spending, particularly in sectors such as automobiles and fast-moving consumer goods. With more disposable income available to middle-class taxpayers, the automotive industry is poised to see shifts in demand, with varying effects across vehicle segments. Analysts believe that while this tax policy revision may drive ov

Nifty and Sensex End Two-Day Fall, Close Higher: Market Highlights

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Indian stock markets witnessed a strong recovery as both Nifty and Sensex rebounded from their two-day losing streak. Nifty surged by 1.62%, gaining 378.20 points to close at 23,739.25, while Sensex saw a rise of 1.81%, adding 1,397.07 points and ending the session at 77,583.81. The market rebound was largely driven by strong performances in large-cap stocks, particularly in sectors such as finance and infrastructure. Despite the recovery in benchmark indices, the broader marke

SEBI, NSDL, and NSE Host 'Mega RISA' in Guwahati to Boost Investor Awareness and Financial Literacy

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The Securities and Exchange Board of India (SEBI), along with the National Securities Depository Limited (NSDL) and the National Stock Exchange (NSE), organized the 'Mega RISA' investor awareness event in Guwahati. The program aimed to educate investors on financial security, market trends, and investment protection measures, empowering them with critical insights into the stock market. Over 500 investors from Assam and the Northeast region, including students from various educational

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Base metals, including copper, zinc, aluminum, and lead, are essential to various industries due to their widespread availability and cost-effectiveness. Unlike precious metals such as gold and silver, base metals are heavily mined and traded on global exchanges like the London Metal Exchange (LME) and the Multi Commodity Exchange (MCX). Their significance spans across manufacturing, infrastructure, and construction, making them crucial to economic growth and development. The p

Mass Deportation of Illegal Indian Immigrants from the US

Mass Deportation of Illegal Indian Immigrants from the US

A US military C-17 aircraft landed in Amritsar on February 7, 2025, carrying hundreds of Indian migrants deported for illegal immigration violations. The large-scale deportation follows strict enforcement policies under Donald Trump’s administration, which have intensified efforts to remove undocumented migrants. The sudden influx of deported individuals has raised concerns about their legal status in India and their ability to reapply for visas in the future. According t

"Indian Nationals Secure 72.3% of H-1B Visas: Impact on US Immigration & Tech Sector"

According to US Citizenship and Immigration Services (USCIS), Indian nationals accounted for 72.3% of all H-1B visas issued between October 2022 and September 2023. This data was presented in the Rajya Sabha by Kirti Vardhan Singh, Minister of State for External Affairs. The minister highlighted the crucial role of Indian professionals in the US technology and innovation sectors, reinforcing India's significance in the skilled migration landscape. He also noted ongoing diplomatic efforts

Punjab's Youth and the Risky American Dream: The Dangers of Illegal Migration to the US

Punjab's Youth and the Risky American Dream: The Dangers of Illegal Migration to the US

For many young people in Punjab, the United States represents the ultimate dream destination, offering the promise of higher earnings and better living standards. However, the increasing trend of illegal migration has exposed many individuals to significant risks, including financial ruin, life-threatening journeys, and legal consequences. The desire for a better future drives thousands to seek unlawful entry into the US, often facilitated by unscrupulous agents who exploit their desperation.

Akash Bobba : The 22-Year-Old Indian-Origin Engineer in Elon Musk’s DOGE Team

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Elon Musk has assembled a team of six young engineers to modernize US federal systems under the Department of Government Efficiency (DOGE). Among them is 22-year-old Akash Bobba, an Indian-origin engineer whose selection has sparked discussions on the role of young tech talent in governance. DOGE aims to introduce cutting-edge AI-driven automation to streamline government processes, reduce bureaucratic inefficiencies, and enhance cybersecurity. Bobba, a UC Berkeley graduate with experience at

RBI Cuts Interest Rate by 25 bps: Impact on Markets, Banking & Economy

RBI Cuts Interest Rate by 25 bps: Impact on Markets, Banking & Economy

The Reserve Bank of India (RBI) announced a 25 basis points cut in the benchmark interest rate, marking its first reduction in five years. The decision, led by Governor Sanjay Malhotra, aims to boost economic activity but was met with mixed reactions from investors. Despite expectations of a rate cut, the market remained cautious as the RBI maintained a neutral stance without introducing additional liquidity measures. Foreign Institutional Investors (FIIs) continued outflows amid concerns ove

AI Pioneer from Telangana Develops 94% Accurate Bone Degeneration Detection Model

AI Pioneer from Telangana Develops 94% Accurate Bone Degeneration Detection Model

Rahul Trivedi, a 33-year-old researcher from Telangana, has developed an AI model that detects bone degeneration with an impressive 94% accuracy. His work has the potential to revolutionize orthopaedic care by enabling early diagnosis and optimizing treatment strategies. Currently pursuing a PhD at Colorado State University and serving as a Senior Systems Architect at Verizon, Rahul has been dedicated to integrating AI with medicine to improve healthcare outcomes. Rahul’s

DOGE Initiative Sparks Controversy: Government Layoffs and Public Outrage

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The Department of Government Efficiency, known as the DOGE initiative, was introduced to streamline government spending by reducing the number of federal employees and eliminating programs that do not align with President Trump's policies. The initiative was presented as a necessary response to the growing $36 trillion national debt. One of its first major actions was the removal of Diversity, Equity, and Inclusion programs, a move that has been met with both support and criticism. While

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Undavalli Arun Kumar’s Political Shift: Endorsing Pawan Kalyan Over Jagan Mohan Reddy for Andhra Pradesh’s Future

Andhra Pradesh: Undavalli Arun Kumar, a well-known political analyst and former Andhra Pradesh politician, remains an influential figure despite stepping away from active politics. His observations and comments on the political scenario in Andhra Pradesh frequently attract media attention and public discussions. His recent remarks about Pawan Kalyan have created significant speculation about his political leanings and future intentions. While he was once viewed as a neutral observer, his grow

Global Markets React to Trump’s Tariff Pause: Trade War Fears

Global Markets React to Trump’s Tariff Pause: Trade War Fears

In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.  

Indian Stock Market Falls 700 Points Amid Global Trade Tensions, FPI Selling & Weak Rupee

Indian Stock Market Falls 700 Points Amid Global Trade Tensions, FPI Selling & Weak Rupee

Summary: Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points. Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China. Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets. Rupee hits a record low of Rs 87.07 against the US dollar. Despite post-Budget relief for some sectors, overall

Union Budget 2025: Comprehensive Announcements for Economic Growth, Tax Relief, and Infrastructure Development

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Income Tax: Union Budget 2025 introduces a revamped tax regime, with key reforms aimed at providing relief to the middle class. The new tax slabs are as follows: Up to Rs 4 lakh - 0% Rs 4-8 lakh - 5% Rs 8-12 lakh - 10%

India Wins U19 Women's T20 World Cup: Dominant 9-Wicket Victory Over South Africa

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India’s U19 Women’s cricket team triumphed in the final of the T20 World Cup, defeating South Africa by 9 wickets to win their second consecutive title. Playing in Kuala Lumpur on Sunday, India showcased an outstanding all-round performance. South Africa, batting first, were bowled out for a mere 82 runs in 20 overs, thanks to disciplined bowling from the Indian team.   The bowlers made an immediate impact, taking back-to-back wickets early, which set the

India Beats England by 9 Wickets to Reach ICC Women’s U19 T20 World Cup Final

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India's strong performance in the ICC Women's U19 T20 World Cup semifinal saw them defeat England by 9 wickets, with G Kamalini scoring a match-winning 56* off 50 balls. India successfully chased down England's total of 113/8 in just 15 overs. Spinners shine for India: The standout performers for India were left-arm spinners Parunika Sisodia and Vaishnavi Sharma

Elon Musk Highlights India-US Trade Potential During Visit of Indian Entrepreneurs to SpaceX Starbase

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During a visit to SpaceX's Starbase facility in Texas on Friday, Elon Musk shared his optimistic view on the growing India-US trade relationship, stating that the bilateral ties are “trending positive.” Musk, a key player in both the automotive and technology sectors, expressed his support for lowering trade barriers between the two nations to foster increased commerce and

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