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  • Stocks climb, U.S. yields fall on central bank pause hopes Feb 02, 2023 10:25 PM IST

    Stocks climb, U.S. yields fall on central bank pause hopes

    After the U.S. Federal Reserve raised rates by 25 basis points (bps), as was widely expected, on Wednesday, markets rallied following comments from Fed Chair Jerome Powell acknowledging the "disinflationary" process may have begun.

  • Oil slips as Russian oil products ban looms Feb 02, 2023 06:32 PM IST

    Oil slips as Russian oil products ban looms

    Brent Crude futures fell 67 cents, or 0.8%, to $82.17 a barrel by 1240 GMT while West Texas Intermediate (WTI) U.S. crude futures lost 49 cents, or 0.6%, to $75.92.

  • Palestinians fire rockets, Israel hits Gaza, days after US call for calm Feb 02, 2023 02:22 PM IST

    Palestinians fire rockets, Israel hits Gaza, days after US call for calm

    With no reports of serious casualties, the exchange followed a familiar pattern that signalled neither side was seeking a wider conflict.

  • US has no hostile intent toward North Korea: White House Feb 02, 2023 09:32 AM IST

    US has no hostile intent toward North Korea: White House

    The White House comment came after North Korea's Foreign Ministry said that drills by the United States and its allies have pushed the situation to an "extreme red-line" and threaten to turn the peninsula into a "huge war arsenal and a more critical war zone."

  • Joe Biden believes iCET key for US, India to create democratic technology ecosystem: White House Feb 02, 2023 07:45 AM IST

    Joe Biden believes iCET key for US, India to create democratic technology ecosystem: White House

    iCET, which is being billed as the 'Next Big Thing' in the India-US relationship, was launched by national security advisors Jake Sullivan from the US and Ajit K Doval from India at the White House here on Tuesday.

  • US Fed set to slow rate hikes but signal inflation fight not over Feb 01, 2023 03:23 PM IST

    US Fed set to slow rate hikes but signal inflation fight not over

    The Fed cranked up the benchmark lending rate seven times last year, including four consecutive 0.75 percentage point increases, lifting borrowing costs in hopes of dampening demand.

  • Joe Biden believed to have invited PM Modi for state visit to US Feb 01, 2023 07:35 AM IST

    Joe Biden believed to have invited PM Modi for state visit to US

    The invitation has been accepted in principle and officials on both sides are now working on mutually convenient dates, according to multiple sources, who noted that it is currently in the early stages of logistical planning.

  • India, US launch iCET, elevate strategic partnership: White House Feb 01, 2023 06:51 AM IST

    India, US launch iCET, elevate strategic partnership: White House

    iCET is being launched at the direction of US President Joe Biden and Prime Minister Narendra Modi who after their Tokyo meeting in May 2022 had announced to elevate and expand the strategic technology partnership and defense industrial cooperation between the governments, businesses, and academic institutions of the two countries.

  • US readies $2 billion-plus Ukraine aid package with longer-range weapons Feb 01, 2023 06:06 AM IST

    US readies $2 billion-plus Ukraine aid package with longer-range weapons

    The weapons aid is expected to be announced as soon as later this week, the officials said. It is also expected to include support equipment for Patriot air defense systems, precision guided munitions and Javelin anti-tank weapons, they added.

  • Boeing's iconic jumbo B747 set to fly off into history Jan 31, 2023 09:36 PM IST

    Boeing's iconic jumbo B747 set to fly off into history

    The US aircraft maker had rolled out the first B747-100 plane on September 30, 1968, while the first 747 entered service on launch customer Pan Am Airlines' New York–London route on January 21, 1970.

  • Brazil's Jair Bolsonaro applies for 6-month US visitor visa Jan 31, 2023 06:54 AM IST

    Brazil's Jair Bolsonaro applies for 6-month US visitor visa

    The application was first reported by The Financial Times, citing Bolsonaro's immigration lawyer, Felipe Alexandre. Contacted by The Associated Press, the lawyer's firm, AG Immigration, confirmed the report.

  • US to end COVID-19 emergency declarations on May 11 Jan 31, 2023 06:47 AM IST

    US to end COVID-19 emergency declarations on May 11

    The COVID-19 national emergency and public health emergency (PHE) were put in place in 2020 by the administration of then-President Donald Trump. Biden has repeatedly extended the measures, which were set to expire in the coming months.

  • US airlines cancel over 1,000 flights over winter storm Jan 31, 2023 06:45 AM IST

    US airlines cancel over 1,000 flights over winter storm

    Low-cost carrier Southwest earlier this month faced U.S. government backlash for canceling 16,700 flights over the holidays as it grappled with bad weather and outdated technology.

  • Russia warns United States: The end of nuclear arms control may be nigh Jan 30, 2023 03:03 PM IST

    Russia warns United States: The end of nuclear arms control may be nigh

    Both Russia and the United States still have vast arsenals of nuclear weapons which are currently partially limited by the 2011 New START Treaty, which in 2021 was extended until 2026.

  • Russia says nuclear arms treaty with US may end after 2026 Jan 30, 2023 11:57 AM IST

    Russia says nuclear arms treaty with US may end after 2026

    U.S.-Russia talks on resuming inspections under the New START treaty, which expires in February 2026, were called off at the last minute in November 2022. Neither side has agreed on a time frame for new talks.

  • Oil falls ahead of OPEC+, US Federal Reserve meetings Jan 30, 2023 11:22 AM IST

    Oil falls ahead of OPEC+, US Federal Reserve meetings

    Brent crude futures fell 20 cents, or 0.2%, to $86.46 a barrel by 0435 GMT while U.S. West Texas Intermediate crude was at $79.57 a barrel, down 11 cents, or 0.1%.

  • US sets stricter guidelines for lead in baby food. Where does India stand? Jan 30, 2023 10:40 AM IST

    US sets stricter guidelines for lead in baby food. Where does India stand?

    India has a much higher limit of lead in baby food, apart from several other categories of packaged food, and there is no indication of any revision in the norms in the near future

  • US to start receiving H1B visa applications from March 1 Jan 29, 2023 07:34 PM IST

    US to start receiving H1B visa applications from March 1

    The H1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.

  • This US church lost Rs 6.5 crore in email scam Jan 29, 2023 08:22 AM IST

    This US church lost Rs 6.5 crore in email scam

    The money was raised to build a new sanctuary that's supposed to be completed in a few months. Now, the church is moving forward on the project by taking out a loan.

  • US Air Force general warns of war with China in 2025 Jan 29, 2023 06:23 AM IST

    US Air Force general warns of war with China in 2025

    US Defense Secretary Lloyd Austin said earlier this month he seriously doubted that ramped up Chinese military activities near the Taiwan Strait were a sign of an imminent invasion of the island by Beijing

  • North Korea slams United States for pledging tanks to Ukraine Jan 28, 2023 07:36 AM IST

    North Korea slams United States for pledging tanks to Ukraine

    North Korean leader Kim Jong Un's powerful sister, Kim Yo Jong, made the remarks in a statement carried by KCNA, saying that North Korea will "stand in the same trench" as Russia against the United States.

  • Oil prices fall on profit taking, strong Russian supply Jan 27, 2023 10:42 PM IST

    Oil prices fall on profit taking, strong Russian supply

    Brent futures were down 51 cents, or 0.6%, at $86.96 a barrel by 11:29 a.m. EDT (1629 GMT.) U.S. crude fell 65 cents, or 0.8%, to $80.37. Both benchmarks rose by more than $1 earlier in the session but are now poised to break a three-week run of gains.

  • US GDP and jobs data show the stock market bears are still early Jan 27, 2023 04:48 PM IST

    US GDP and jobs data show the stock market bears are still early

    A lively start to January and the latest spate of economic data show the perils in turning negative on equities too soon

  • Rupee rises 8 paise to end at 81.53 against US dollar Jan 27, 2023 04:40 PM IST

    Rupee rises 8 paise to end at 81.53 against US dollar

    However, heavy selling pressure in the domestic equity markets and unabated foreign fund outflows restricted the gains in the local currency, forex traders said. At the interbank foreign exchange market, the rupee opened stronger at 81.51 to a dollar.

  • Gold subdued as US data backs Federal rate stance Jan 27, 2023 03:55 PM IST

    Gold subdued as US data backs Federal rate stance

    Spot gold was down 0.2% at $1,926.09 per ounce, as of 0944 GMT, but held a relatively tight range after retreating nearly 1% in the previous session following the U.S. data.