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

Managing shared family expenses can be a challenging task, especially when multiple people are involved, and money is being spent on a variety of needs. However, thanks to advancements in technology, managing these expenses has become much easier with the help of AI apps. These apps are designed to streamline the process of tracking and splitting expenses among family members, ensuring that everyone stays on top of their contributions without any confusion. One of the most popular a

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

For Non-Resident Indians (NRIs) juggling financial commitments in both India and the United States, tax filing often becomes a yearly stress point. Each country has distinct regulations, reporting formats, and deadlines. The slightest oversight can lead to penalties or double taxation. That’s where Artificial Intelligence (AI) is proving to be a game-changer. Today, AI-powered tax tools are helping NRIs simplify,

For many Non-Resident Indians (NRIs) living in the United States, investing in real estate—whether back home in India or within the US—can be an overwhelming process. From understanding the market dynamics to dealing with documentation and finding the right property, the journey involves multiple layers of decision-making. Artificial Intelligence (AI) is quietly changing that by offering NRIs smarter, faster, and more reliable ways to handle their real estate needs. One

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

Artificial intelligence (AI) is reshaping the way Indian professionals work in the USA, allowing them to boost productivity, streamline processes, and foster innovation. From tech experts to healthcare professionals, AI is transforming their roles across industries. Let’s take a quick look at how AI is being utilized by Indian professionals in the USA. AI Tools That Boost Productivity Indian professionals are us

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.

Gita Gopinath, the renowned Indian-born economist and current First Deputy Managing Director at the International Monetary Fund (IMF), is set to leave her position at the IMF at the end of August. She will return to Harvard University to take up the prestigious role of the inaugural Gregory and Ania Coffey Professor of Economics in Harvard's Department of Economics. This move marks a new chapter in Gopinath's illustrious career, one that began at the I

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

Andhra Pradesh experienced a significant economic downturn between 2019 and 2024 under the YS Jagan Mohan Reddy-led YSRCP government. Several major companies, including Lulu Group and Renew Energy, withdrew from the state, citing administrative hurdles and lack of cooperation. The period was marked by stalled projects, declining investor confidence, and policy paralysis that hindered growth and job creation. Following a

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