Economist Jeffrey Sachs did not hold back while criticizing President Donald Trump and his administration for alienating and betraying India with its tariff moves
Browsing: Economy
Trump aide also raises concerns about India’s military relationship with Russia.
Bitcoin surged past $124,000 for the first time, fueled by regulatory support, ETF approvals, institutional interest, and the high-profile IPO of crypto exchange Bullish.
President Donald Trump has revoked Joe Biden’s 2021 executive order on promoting competition, signaling a major shift toward a market-driven, deregulatory approach to antitrust enforcement.
The U.S. Justice Department dismantled key infrastructure of the Russian-linked BlackSuit ransomware gang, seizing servers, domains, and $1 million in bitcoin in a global cybercrime crackdown.
Nvidia and AMD will resume AI chip sales to China under new U.S. export licenses, agreeing to share 15% of related revenues with Washington.
Escalating U.S. tariffs under Trump are inflicting billions in losses on the global auto industry, hitting Japan’s Toyota and India’s export-oriented auto components sector particularly hard.
Trump’s 100% semiconductor import tariff, with exemptions for U.S. investors, marks a bold industrial shift to boost domestic chip manufacturing and tech self-reliance.
Trump’s tariff threats have unintentionally united Indian political leadership, reinforcing India’s resolve to protect strategic autonomy amid escalating U.S.-India trade tensions.
As Indian students face mounting delays and rejections, experts warn of ripple effects across research, STEM talent, and the future of American tech competitiveness.
OpenAI is exploring a $500 billion share sale to offer employee liquidity, amid surging valuation, record funding, and intensifying talent competition with Meta.
India braces for heightened trade tensions as President Trump imposes an additional 25% tariff in response to continued Russian oil imports.
The U.S.’s tightening immigration stance is severely impacting international student visas, enrollment, and revenue, prompting many to shift their focus to the U.K.
The growing unease among Republican lawmakers signals a significant shift in sentiment around President Trump’s tariff policies.
OpenAI’s revenue hits a $12 billion run rate in 2025 as ChatGPT adoption soars and enterprise AI tools reshape industries through rapid innovation and investment.
The White House is set to release a comprehensive cryptocurrency report, aiming to clarify federal policy and guide future regulation and innovation in digital assets.
Shailesh Jejurikar, P&G’s COO since 2021, will succeed Jon Moeller as CEO, marking a major leadership shift amid layoffs and rising tariff costs.
Trump’s global tariff policy marks a lasting shift toward economic nationalism, aiming to boost U.S. manufacturing and pressure nations into favorable trade deals.
TCS to lay off 12,000 employees amid skill mismatches and restructuring, as AI-driven shifts and global demand challenges reshape India’s IT sector.
The first female Chief Economist in IMF history “ensured that the World Economic Outlook remained the preeminent report on the global economy”
The EU plans to impose 30% tariffs on €100 billion of U.S. goods as retaliation if no trade deal is reached by Aug. 1, heightening uncertainty.
World Liberty Financial, a Trump-linked crypto firm, has deepened its Ethereum holdings amid rising U.S. institutional demand. With $550M raised, a $275M ETH portfolio, and a booming stablecoin, the firm is gaining traction.
The 2026 FIFA World Cup is expected to bring a $3 billion economic boost to the NY-NJ region, drawing over 1.2 million tourists.
TSMC becomes the first Asian firm since 2007 to hit a $1 trillion market value, driven by surging global demand for AI chips and U.S. expansion.
Canceling these grants without cause isn’t just wrong — it’s illegal,” said California High-Speed Rail Authority CEO Ian Choudri, defending the embattled rail project.