The City of Dallas is facing a high-stakes decision after the Trump administration issued a directive requiring cities to end Diversity, Equity, and Inclusion (DEI) programs or risk losing federal funding. Dallas stands to lose approximately $305 million in federal grants if it continues to award city contracts or benefits based on classifications such as race, gender, or national origin. In response to this pressure, the Dallas City Council voted on June 25

The Income Tax (No 2) Bill, aimed at replacing the six-decade-old Income Tax Act of 1961, has been passed in the Lok Sabha, introducing a ‘S.I.M.P.L.E’ framework Streamlined structure and language, Integrated and concise, Minimised litigation, Practical and transparent, Learn and adapt, and Efficient tax reforms. Presented by Finance Minister Nirmala Sitharaman, the bill has been reworked based on 285 recommendations from a select committee led by

US President Donald Trump has once again taken a hardline stance on trade, defending his controversial tariff policies and warning of dire consequences if they are overturned. Among his recent moves was the imposition of a 50% tariff on Indian imports — a decision that has already sparked concerns in business and diplomatic circles. The tariffs, part of a broader trade strategy, have significantly impacted goods coming from India, including gems, jewelry, and other key exports

Gold prices in India have soared to unprecedented levels, marking a historic high of Rs 1,02,191 per 10 grams on August 8, as global trade tensions, tariff escalations, and monetary policy uncertainties continue to unsettle markets. The surge reflects the precious metal’s longstanding status as a safe-haven asset, attracting investors during times of geopolitical strain and economic unpredictability. The rally i

In a strong and emotionally charged message, Prime Minister Narendra Modi today declared his unwavering support for India's farmers and fishermen in response to US President Donald Trump's announcement of an additional 25% tariff on Indian exports. Speaking at the MS Swaminathan Centenary International Conference in New Delhi, PM Modi made it clear that India would not compromise its agricultural interests under international pressure.

If you're an iPhone user and just heard about Donald Trump's recent announcement imposing a 50% tariff on imports from India, your first thought might naturally be whether your next iPhone will get more expensive. While the concern is valid considering how many iPhones are now assembled in India, there’s some relief for consumers in the short term. The good news is that this sudden jump in import taxes doesn’t currently impact Apple’s popular products, including the

A diplomatic and economic row is deepening between India and the United States after US President Donald Trump imposed a steep increase in tariffs on Indian exports. Just one day after the announcement, the Indian rupee showed early signs of resilience, rising 3 paise to open at 87.69 against the US dollar in the currency market. The modest strengthening of the rupee comes even as the broader trade implications of the new US measures are expected to weigh heavily on the Indian economy in the

In a major economic policy move, United States President Donald Trump announced on Wednesday, August 6 (local time), a new plan to impose a sweeping 100 percent tariff on imported computer chips and semiconductors, while providing full exemption for companies that manufacture them within the United States. The decision is seen as a strategic attempt to force global chipmakers to relocate or expand operations within American borders, even at the cost of short-term disruptions and potential inf

The city of Sunnyvale is moving ahead with a plan to enhance pedestrian and cyclist safety in North Sunnyvale, though uncertainty around funding could delay its implementation. The City Council voted 6-1 to install raised, multi-use pedestrian and bicycle paths along both sides of Tasman Drive, covering the stretch from Fair Oaks Avenue to Vienna Drive. This area lies between two of the region’s largest mobile home parks and has long been identified as a critical zone for improved transpor

Starting August 1, 2025, a range of financial changes are set to take effect in India, ranging from digital payments to trading hours, credit card rules, and more. These adjustments will impact various sectors and individuals, making it essential to stay updated. Let's break down the major changes: UPI Changes The National Payments Corporation of Ind

President Donald Trump has announced a 25% tariff on imports from India, set to take effect beginning August 1. This new policy move, which reflects a strong stance on economic nationalism and geopolitical alignment, is aimed at addressing what the President describes as persistent unfair trade practices by India and its continued strategic relationship with Russia. Though President Trump referred to India as a “friend,” he did not shy away from sharply criticizing the

President Donald Trump has announced what he described as the largest trade agreement ever signed between the United States and the European Union. This comprehensive pact includes the imposition of a 15% tariff on European Union imports to the United States. The agreement was reached following a high-level meeting with European Commission President Ursula von der Leyen at the President’s private resort in Scotland. It was finalized just ahead of a looming deadline that could have

India is facing increasing pressure to conclude a trade agreement with the United States as the August 1 deadline approaches. If a deal is not reached, tariffs on key exports are expected to rise significantly to 26%, potentially impacting India's trade flows, domestic sectors, and global positioning. The urgency has been compounded by recent international developments and India's own active pursuit of balanced trade partnerships. A recent trade agreement between the Unite

Alphabet Inc. CEO Sundar Pichai has officially joined the exclusive club of billionaires in 2025, with his net worth crossing $1.1 billion, according to the Bloomberg Billionaires Index. The surge comes as Alphabet’s stock has delivered a remarkable 120% return to investors since 2023, driven largely by strong quarterly earnings, increased AI investments, and growing global digital infrastructure. Pichai, who o

On July 22, 2025, a significant Sister City Partnership was formed between Dallas, Texas, USA, and Dar es Salaam, Tanzania, through a signing ceremony led by Dallas Mayor Eric L. Johnson and Dar es Salaam Mayor Omary Kumbilamoto. This partnership is designed to enhance the commercial, cultural, and educational connections between the two cities, with an eye toward fostering economic growth, trade, and cross-cultural understanding.

The Senate, led by Republicans, passed a sweeping package of federal spending cuts on Thursday morning following a lengthy and contentious debate. The legislation, formally known as a rescissions package, was originally requested by President Donald Trump and seeks to cancel $9 billion in previously approved funding. Notably, the cuts include allocations for foreign aid programs and the Corporation for Public Broadcasting, which supports radio and television services nationwide. The measure p

Americans’ unpaid medical debt will continue to appear on their credit reports after a federal judge in Texas overturned a major Biden-era Consumer Financial Protection Bureau (CFPB) rule intended to remove such debts. The decision, delivered last week by Judge Sean Jordan of the U.S. District Court for the Eastern District of Texas, marks a significant blow to a policy aimed at easing the credit burden for millions of Americans. The court found that the CFPB overstepped its legal autho

Nvidia has secured a crucial win in its ongoing negotiations with the U.S. government over AI chip exports to China. The Trump administration has decided to allow the tech giant to resume sales of its H20 chips to Chinese clients, following a reversal of earlier restrictions. According to Commerce Secretary Howard Lutnick, the green light for sales was granted on the condition that Nvidia would not export its most advanced chips, ensuring that national security interests remain protected whil

We all often assume that having more money will make us happier, but sometimes, the reality doesn’t match our expectations. Abhishek Kumar, a SEBI-registered investment adviser, shared a thought-provoking story on LinkedIn about an acquaintance who, despite amassing a wealth of Rs 12 crore, found himself feeling unfulfilled. The man had built his fortune over 15+ years of hard work, but rather than feeling pride or excitement, he was left with a peculiar

Rising school fees are quickly becoming the biggest financial burden on India’s middle-class families. Ashish Singhal, co-founder of CoinSwitch and Lemonn, recently voiced his concerns on LinkedIn, calling the current fee structure “theft” and warning of a brewing crisis. “Parents are now taking EMIs for nursery,” he noted, adding that in Bengaluru, CBSE schools not international ones are charging up to ₹2.1 lakh for 3rd standar