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Former US President Donald Trump is set to meet a select group of global business leaders during the World Economic Forum in Davos, with seven prominent Indian CEOs invited to the interaction. Their presence highlights India’s growing importance in global corporate and policy discussions. The meeting underscores stronger engagement between US leadership and India’s top industrialists on the world
US President Donald Trump is building a new “Board of Peace” to handle global conflicts beyond Gaza, inviting world leaders like Argentina’s Javier Milei and Canada’s Mark Carney. The draft charter positions Trump as inaugural chairman with veto power over decisions. Countries seeking permanent membership must contribute at least $1 billion in cash within the first year for exemption from the 3-ye
Trade tensions between the US and Europe have escalated after President Donald Trump announced a 10% tariff on goods from eight European nations opposing American control over Greenland. The tariff is set to rise further unless Greenland is transferred to the US. In response, European Union lawmakers are considering halting approval of the EU-US trade agreement, signalling a deepening geopolitical
China has reduced its holdings of US Treasury securities to the lowest level in 17 years, signalling a strategic shift in its foreign exchange reserve management. As tensions with Washington persist, Beijing is increasingly diversifying into gold, non-US currencies, and overseas equity investments. The move contrasts with rising US debt holdings by Japan and the UK, highlighting changing global re
A Manifest Law study using US Department of Labor data shows medical specialists, not tech professionals, top the H-1B visa wage scale amid US healthcare shortages and ageing population. 11 of the 15 highest-paid H-1B occupations are medical roles like cardiologists, anesthesiologists, radiologists, surgeons, and neurologists, with median pay exceeding $300,000. Non-medical roles like lawyers and
Gold prices surged sharply on Pongal Day, climbing close to record highs as global investors rushed toward safe-haven assets. Rising geopolitical tensions involving the US and Iran, combined with economic uncertainty ahead of key US jobless claims data, fueled strong demand for gold and silver. The rally has triggered concern among buyers as bullion rates jumped unexpectedly, delivering a price sh
US President Donald Trump praised December’s inflation figures, with core CPI at 2.6% below expectations and overall at 2.7%, calling for Federal Reserve Chair Jerome Powell to implement a significant interest rate cut. This may increase the gold and silver prices globally.
Over the last 15 years, TCS delivered 10X returns while India’s Nifty-50 index grew only 5X. The key driver was India’s labour arbitrage advantage (2000-2010), where US firms saved massively by outsourcing to Indian engineers at 20-30% cost. That cycle ended in 2022. The new cycle is powered by US/China AI investments (Meta alone plans $600B+ capex 2026-28). India now focuses on infrastructure. Be
US President Donald Trump announced on January 12, 2026, that major tech companies must cover their own massive electricity costs for AI data centers, preventing higher utility bills for American households. He praised Microsoft for upcoming “major changes” starting this week and promised further updates. The move addresses rising power demands from rapid data center expansion amid the AI boom, wh
US President Donald Trump announced a 25% tariff on all US trade with countries doing business with Iran, effective immediately via a Truth Social post, marking his first tariff move in 2026. This could compound existing 50% tariffs on Indian exports—stemming from Russian oil purchases—potentially raising duties to 75% and threatening projects like Chabahar Port amid India-Iran trade ties.
