Daily trending news …
President Trump announced a US-India trade deal reducing reciprocal tariffs on Indian exports from 25% to 18%, easing prior pressures from higher duties linked to India’s Russian oil purchases. This benefits Tamil Nadu’s export-heavy economy, particularly in textiles, apparel, and leather, which faced severe disruptions like factory closures and job losses from earlier tariffs.
US President Donald Trump stated on January 31, 2026, that India has agreed in principle to purchase Venezuelan oil instead of Iranian crude, helping replace reduced Russian imports after US tariffs.
US President Donald Trump has nominated former Federal Reserve governor Kevin Warsh as the next Fed Chair, marking a major shift in US monetary leadership. Warsh, known for market-friendly and reform-focused views, previously served during the 2008 crisis era.
President Donald Trump warns of 50% tariffs on Canadian aircraft entering the US market unless Canada approves Gulfstream jets from Georgia. This targets Bombardier’s Global Express jets and stems from ongoing US-Canada friction.
President Droupadi Murmu addressed a joint session of Parliament, formally marking the beginning of the Budget Session. Highlighting India’s progress over the last decade, she said the nation has entered a decisive growth phase toward Viksit Bharat. The President cited poverty reduction, welfare expansion, space achievements, railway modernisation, healthcare reforms, tax relief, and global trade
Republican Senator Ted Cruz has criticized US Vice President JD Vance, White House adviser Peter Navarro, and President Donald Trump for blocking a proposed US-India trade deal, according to a leaked 10-minute audio tape from early to mid-2025 shared with donors.
Chinese President Xi Jinping extended Republic Day greetings to President Droupadi Murmu, calling India and China good neighbours and partners. Highlighting improved ties over the past year, Xi stressed the importance of stable relations for global peace. His message signals a cautious diplomatic reset after years of tension following the 2020 border clash, supported by renewed dialogue, trade gro
US President Donald Trump triggered fresh global debate at the World Economic Forum in Davos after describing himself as a “dictator” while defending his leadership style. Trump clarified that his governance is driven by “common sense” rather than ideology. He also softened his stance on Greenland, ruling out tariffs and signalling negotiations with Denmark and NATO allies to address Arctic securi
US President Donald Trump expressed optimism about a bilateral trade agreement with India, Davos 2026, calling Prime Minister Narendra Modi a “fantastic man and a friend” and stating, “We are going to have a good deal.”
US President Donald Trump’s Air Force One was forced to return to Joint Base Andrews shortly after takeoff due to a minor electrical issue detected mid-air. As a precautionary move, the White House decided to switch aircraft before continuing the journey to Switzerland for the World Economic Forum in Davos. Officials confirmed the President and his team remained safe, highlighting ongoing concerns
