The US Federal Reserve’s preferred inflation gauge eased more than expected in April, offering a temporary reprieve from price pressures even as new tariffs introduced by President Donald Trump began to take effect.According to data released Friday by the Commerce Department, the personal consumption expenditures (PCE) price index rose 2.1% year-over-year, down from a revised…
The US President Donald Trump (left) and Vietnamese Prime Minister Pham Minh Chinh (AP) Ground was broken on May 21 for a $1.5 billion luxury golf resort in northern Vietnam owned by the family business of US President Donald Trump.Vietnamese Prime Minister Pham Minh Chinh and Eric Trump, executive vice president of the Trump Organization,…
US inflation gauge cools with little sign of tariff impact, so far (Photo: AP) A key US inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped. Friday’s report from the Commerce Department showed that consumer prices rose just 2.1 per cent in April…
Elon Musk has always been open about taking drugs but he denied ever overdoing it. Elon Musk’s daily medication box with which he travels has about 20 pills, including stimulant Adderall that is marked separately, a New York Times report claimed citing those who have seen the box. The report chronicled Musk’s brief stint in…
India has agreed to exempt Saudi Arabia’s Public Investment Fund (PIF) from certain foreign portfolio investment (FPI) rules in a move aimed at attracting long-term capital and deepening financial engagement with the Gulf nation, two sources familiar with the matter said.The exemption comes amid ongoing efforts by both countries to strengthen economic ties, following Prime…
Monica Crowley (Image credit: Richard Nixon Foundation) Monica Crowley was officially sworn in as ambassador and chief of protocol of the United States by the Senate on May 30. Crowley was officially nominated to this position last year, December, 2024 by the US President Donald Trump‘s administration.Expressing her excitement, she shared the news on X,…
The government has pegged the full fiscal year GDP growth at 6.5% provisionally. (AI image) India Q4 GDP data: The Indian economy grew at a better-than-expected rate of 7.4% in the fourth quarter of FY 2024-25. The government has pegged the full fiscal year GDP growth at 6.5% provisionally. While the economy has picked up…
Israel announced on Thursday that it would establish 22 settlements in the occupied West Bank, including legalizing outposts built without authorization.The move is likely to further strain ties with allies that have been critical of Israel’s actions in Gaza.Israeli settlements in the West Bank are illegal under international law, and the UN’s top court last…
IndiGo has signed a Memorandum of Understanding (MoU) with Bangalore International Airport Ltd. (BIAL) to establish a dedicated Maintenance, Repair, and Operations (MRO) facility at Kempegowda International Airport, Bengaluru.Under the agreement, BIAL will allocate approximately 31 acres of land to IndiGo for the development of MRO infrastructure, which will support the airline’s growing fleet, ANI…
US state department spokesperson Tammy Bruce (Reuters Image) The United States on Thursday said that America will not tolerate China’s exploitation of its universities or theft of research, intellectual property, or technologies. While addressing a briefing on Thursday (local time), US state department spokesperson Tammy Bruce reassured that the Trump administration is protecting the nation…
