The Trump interest rate controversy has taken a new turn after Kevin Warsh firmly denied being pressured by US President Donald Trump regarding monetary policy. His testimony has sparked fresh debate over the independence of the Federal Reserve and political influence on economic decisions. What happened and why it matters On April 22, 2026, Kevin Warsh s

A new report from Policybazaar highlights a significant rise in term insurance purchases by non-resident Indians (NRIs), with overall demand doubling over the past two years and younger buyers playing an increasingly central role in the trend. According to the findings, individuals between the ages of 25 and 35 now account for 54% of total demand, up from 44% in 2024. This shift underscor

​The U.S. Department of Education announced on Friday, March 27, 2026, that millions of federal student loan borrowers will be removed from the Saving on a Valuable Education (SAVE) repayment plan, following a federal appeals court decision earlier in March that blocked the program after nearly two years of legal challenges. The SAVE plan, introduced in 2023 under the Biden administration, aimed to reduce monthly payments and expand loan forgiveness. However, several Republican-led

Eligible U.S. taxpayers will be able to deduct up to $10,000 in auto loan interest for the 2025 tax year under a temporary tax provision created through President Donald Trump’s One Big Beautiful Bill Act, but financial analysts say the actual benefit for most car buyers will be far smaller than the headline figure suggests. While the deduction may appear generous at first glance, typical loan structures and interest payments mean that most borrowers are unlikely to approach the maximum all

Russia has dismissed recent U.S. threats of tariffs on countries supplying oil to Cuba, while stating it is exploring ways to assist the Caribbean nation amid a deepening fuel shortage. Kremlin spokesperson Dmitry Peskov said the government seeks “constructive dialogue” with the United States regarding Cuba’s critical energy needs but stressed that public disputes over the matter are being avoided. He highlighted that Russia’s current trade with Cuba is limited, reducing the likelihood o

India has ushered in a new phase of insurance regulation with Parliament clearing the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, a move that comes at a time when trust between insurers and policyholders is increasingly strained. For millions of Indians, insurance is ultimately judged not by policy documents or premium receipts but by the ease and fairness of claim settlement. Delays, repeated document requests, late-stage exclusions, and opaque rejections have long plag

The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. This marks a total reduction of 125 basis points in 2025, sparking fresh hope among homebuyers for affordable loan EMIs as banks prepare to revise lending rates. The Monetary Policy Committee (MPC), which met on December 3, 4 and 5, voted unanimously after assessing inflation control, liquidity status and growth expectations. Governor Sanjay Malhotra confirmed the move, addin

In a strong and widely discussed Thanksgiving announcement, Donald Trump stated that the United States may “permanently pause migration from all Third World countries” under his proposed immigration plan. The statement immediately sparked national and global conversations, amplifying the ongoing debate around the future of U.S. immigration policies. A Strong Position on Migration During his Thanksgiving message, Trum

Several foreign-born spouses of United States citizens have been detained during routine green card interviews at the San Diego immigration office, according to recent reports. The detentions, which began on November 12, have affected dozens of couples who arrived for scheduled appointments intended to advance the process of obtaining lawful permanent residency. Instead, the interviews ended with federal agents escorting the foreign spouse away, often in handcuffs, on allegations of violating

U.S. Army Secretary Dan Driscoll held discussions with Russian officials in Abu Dhabi on Monday, according to a U.S. official familiar with the matter, marking the latest attempt by the Trump administration to revive momentum toward a negotiated settlement in the ongoing Russia-Ukraine war. The meetings were described as part of a broader diplomatic effort aimed at narrowing longstanding divisions between Moscow and Kyiv, which have intensified despite repeated international appeals for de-es

India is preparing for one of its busiest wedding seasons, with nearly 46 lakh weddings expected in 2025 and spending projected at around Rs 6.5 lakh crore. As celebrations grow grander, Indian weddings often resemble Bollywood productions with choreographed sangeets, elaborate décor and multi-day festivities. But with budgets crossing Rs 30–35 lakh for most weddings, and luxury ceremonies easily exceeding Rs 1 crore, families are pouring unprecedented amounts into these events. With such

The United States is developing a proposal that would divide Gaza into separate security and reconstruction areas as part of a broader plan connected to an upcoming vote at the United Nations Security Council. The plan, described in military documents referenced by officials familiar with the discussions, outlines a division of the territory into a green zone that would fall under Israeli and international military oversight and a red zone that would remain heavily damaged following months of

A new visa policy introduced under the Trump administration has sent shockwaves through the United States job market, particularly affecting international professionals and technology firms. The government now mandates that employers pay a $100,000 fee for each new H-1B visa application, a move officials claim will curb abuse of the visa system and encourage hiring of American citizens. However, the measure has been met with widespread criticism from business leaders and immigration advocates

In a significant policy reversal, U.S. President Donald Trump has imposed sweeping sanctions on Russia’s two largest oil producers, Rosneft and Lukoil, marking one of the most consequential economic measures against Moscow since the escalation of the war in Ukraine. The decision immediately triggered a 5% surge in global oil prices and prompted India, one of Russia’s biggest energy buyers, to reconsider its import strategy. The sanctions, announced on Wednesday, target companies

The Indian government has made its position clear regarding sports engagements with Pakistan, especially in the context of upcoming international events. In a new policy unveiled by the Sports Ministry, the government declared that India will not participate in any bilateral sporting events with Pakistan, even if hosted at neutral venues. The policy, which has been implemented immediately, aims to limit interactions with Pakistan in sports following the strai

Parents, students, and community members gathered outside the Loudoun County Public Schools Administration Building on Monday morning as tensions rose over policies allowing transgender students to use bathrooms and locker rooms that align with their gender identity. The demonstration came as the school board met to address an order from the U.S. Department of Education, which recently declared that several Northern Virginia school districts, including Loudoun, were violating Title IX protect

US President Donald Trump has sent a strong message to tech giants like Google and Microsoft, demanding they stop hiring workers overseas, particularly in countries like India. During an AI summit in Washington, Trump emphasized that American companies should focus on creating jobs at home instead of outsourcing to countries like China and India. The president criticized the tech industry's "globalist mindset," which he believes has ignored the i

A newly surfaced immigration enforcement memo reveals that United States Immigration and Customs Enforcement (ICE) can now deport migrants to countries other than their homeland with as little as six hours’ notice. This marks a dramatic shift from the previous standard, where ICE generally provided a minimum 24-hour notice period before conducting deportations to a third country. The policy, outlined in a memo dated July 9 and signed by acting ICE director Todd Lyons, allows for this ex