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  • Asian shares spooked by US inflation alarm, yield jump May 13, 2021 07:46 AM IST

    Asian shares spooked by US inflation alarm, yield jump

    "Higher inflation is a definite negative for equities, given the likely rates response," said Deutsche Bank macro strategist Alan Ruskin.

  • Biggest Hindu sect in US accused of forced labour, immigration law violations May 12, 2021 01:44 PM IST

    Biggest Hindu sect in US accused of forced labour, immigration law violations

    Bochasanwasi Akshar Purushottam Swaminarayan Sanstha allegedly lured "low caste" Indian workers, confining them to the temple grounds, made them work 13 hours a day and paid them $1 per hour as wages, a New York Times report has said.

  • US working closely with India on COVID-19 crisis: White House official May 12, 2021 08:02 AM IST

    US working closely with India on COVID-19 crisis: White House official

    While the assistance from the US government has been worth USD 100 million, the private sector has donated an additional USD 400 million, totalling half a billion dollars to India, State Department Spokesperson Ned Price told reporters at his daily news conference on Tuesday.

  • Outpouring of support from US for India, COVID-19 help touches USD half a billion May 10, 2021 09:37 AM IST

    Outpouring of support from US for India, COVID-19 help touches USD half a billion

    Biden spoke at length with Modi last month and conveyed solidarity with India in its fight against the viral disease. He assured the prime minister that the US and India will work closely together in the fight against COVID-19.

  • COVID-19: Six US planes carrying medical supplies reached India in past few days May 07, 2021 07:52 AM IST

    COVID-19: Six US planes carrying medical supplies reached India in past few days

    The emergency supplies include 20,000 courses of remdesivir (125,000 vials) to help treat critically ill patients, nearly 1,500 oxygen cylinders, which can be repeatedly refilled at local supply centres, and one million rapid diagnostic tests to quickly identify COVID-19 cases.

  • Explained | How the US decision to back India's proposal at the WTO may end the global pandemic sooner than expected May 06, 2021 01:07 PM IST

    Explained | How the US decision to back India's proposal at the WTO may end the global pandemic sooner than expected

    While it has come more than seven months after India and other nations floated a proposal at the WTO wanting to ensure global vaccine availability, the US support is a major step towards arriving at a global consensus on the hard fought issue. Crucially, will vaccine majors relent and give up and their intellectual property rights to ensure everyone gets a jab sooner than later?

  • US Vice President Kamala Harris to deliver message of solidarity with people of India on May 7 May 06, 2021 09:36 AM IST

    US Vice President Kamala Harris to deliver message of solidarity with people of India on May 7

    Harris is slated to deliver her address at the top of an online event Bolstering US COVID Relief Efforts in India: Perspectives from the Diaspora organised by the State Department.

  • India reaches out to US companies over investment in pharmaceutical, medical devices sector May 05, 2021 08:25 AM IST

    India reaches out to US companies over investment in pharmaceutical, medical devices sector

    India's Ambassador to the US Taranjit Singh Sandhu has held virtual meetings with Alberta Bourla, the CEO of Pfizer, Thermo Fisher CEO Marc Casper, Bernd Brust, the chairman and CEO of Antylia Scientific, and Joseph Repp, the CEO of Pall Life Sciences.

  • Asia shares flat, holidays help blunt US tech retreat May 05, 2021 07:55 AM IST

    Asia shares flat, holidays help blunt US tech retreat

    Holidays in Japan, China and South Korea limited the early reaction, leaving MSCI’s broadest index of Asia-Pacific shares outside Japan dithering either side of flat.

  • COVID-19 second wave | Two flights carrying aid to India delayed till May 5, says US Department of Defense May 04, 2021 01:09 PM IST

    COVID-19 second wave | Two flights carrying aid to India delayed till May 5, says US Department of Defense

    Prior to this, a flight carrying 1,000 oxygen cylinders, regulators pulse oxymeters and N95 masks landed in India on May 1, while another flight with 1.25 lakh vials of Remdesivir landed on May 2.

  • Gold gains as rising virus cases, pullback in US yields lift demand May 03, 2021 11:08 AM IST

    Gold gains as rising virus cases, pullback in US yields lift demand

    Spot gold was up 0.3% at $1,773.90 per ounce by 0418 GMT. Trading in Asian hours was low due to public holidays in China and Japan. U.S. gold futures rose 0.4% to $1,773.90 per ounce.

  • Asia off to slow start ahead of US data deluge May 03, 2021 07:32 AM IST

    Asia off to slow start ahead of US data deluge

    MSCI's broadest index of Asia-Pacific shares outside Japan was all but flat after taking a bit of a spill on Friday. Japan's Nikkei was shut for a holiday, but Nikkei futures edged up 0.2%.

  • Wall Street Week Ahead: Blow-out U.S. earnings suggest market has room to run May 01, 2021 03:15 PM IST

    Wall Street Week Ahead: Blow-out U.S. earnings suggest market has room to run

    While the risks of higher inflation and possibly higher taxes have given some investors reason to become more cautious on growth shares, earnings may make them think twice about avoiding the group.

  • IP protection: US puts India on Priority Watch List May 01, 2021 09:10 AM IST

    IP protection: US puts India on Priority Watch List

    In India, the USTR said patent issues continue to be of particular concern as long-standing issues remain for innovative industries.

  • US exempts categories of students, academics, journalists from India travel ban May 01, 2021 08:53 AM IST

    US exempts categories of students, academics, journalists from India travel ban

    The US State Department said these exemptions are in line with a similar exemption that the US has granted to some categories of travellers from Brazil, China, Iran and or South Africa.

  • India third largest recipient of FDI in 2020: Report Apr 30, 2021 05:40 PM IST

    India third largest recipient of FDI in 2020: Report

    In January, the United Nations Conference on Trade and Development had said that India's FDI inflows had jumped 13 percent to $57 billion in calendar year 2020, mostly boosted by investment in digital economy and start-ups.

  • First consignment of COVID-19 relief shipments from US arrives in India Apr 30, 2021 11:10 AM IST

    First consignment of COVID-19 relief shipments from US arrives in India

    More such flights expected in the next week.

  • COVID-19 vaccination | US to send 20 million AstraZeneca doses to India: Report Apr 30, 2021 09:03 AM IST

    COVID-19 vaccination | US to send 20 million AstraZeneca doses to India: Report

    Earlier reports said the US had 10 million of the vaccine doses in stock and was expected to manufacture another 50 million by June.

  • India-US partnership has deepened during COVID-19 pandemic: IMC Chamber Apr 29, 2021 11:02 PM IST

    India-US partnership has deepened during COVID-19 pandemic: IMC Chamber

    The IMC Chamber of Commerce and Industry is organizing the 2-day Indo-US Partnership Vision Summit 2021 with participation from industry and government of both countries.

  • Vistara seeks permission to commence India-US flights Apr 29, 2021 02:40 PM IST

    Vistara seeks permission to commence India-US flights

    The airline is targeting September 1 as the launch date for its flights to the US using Boeing 787 jets.

  • As COVID-19 cases soar, US asks its citizens to leave India for the second time in a week Apr 29, 2021 11:02 AM IST

    As COVID-19 cases soar, US asks its citizens to leave India for the second time in a week

    Noting that Americans are reporting being denied admittance to hospitals in some cities due to a lack of space, Washington has again asked its citizens to leave India as soon as it is safe to do so. The latest alert comes less than a week after the US announced a travel advisory against visiting India.

  • UN agencies procuring 7,000 oxygen concentrators, COVID-19 testing machines, PPEs for India: UN spokesperson Apr 29, 2021 10:44 AM IST

    UN agencies procuring 7,000 oxygen concentrators, COVID-19 testing machines, PPEs for India: UN spokesperson

    I know you've been asking about our support to India during the current surge in COVID-19 cases," Deputy Spokesman for Secretary-General Antonio Guterres, Farhan Haq told reporters at the daily press briefing on Wednesday.

  • US delivering supplies worth over $100 million to India; first flight to land today: White House Apr 29, 2021 06:58 AM IST

    US delivering supplies worth over $100 million to India; first flight to land today: White House

    The flight took off from the Travis Air Force Base on the world's largest military aircraft on Wednesday night, the US Agency for International Development said.

  • US prepares to deploy CDC's 'disease detectives' in India with the objective of choking the virus spread Apr 28, 2021 02:04 PM IST

    US prepares to deploy CDC's 'disease detectives' in India with the objective of choking the virus spread

    Acclaimed for cutting short the Ebola epidemic in West Africa and South America's Zika Virus epidemic, key specialists from the US government are set to reach India soon. They will sort through COVID-19 data; review the country’s existing models for the spread of infections and aim to identify where and how the virus may spread next

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