Rekha Gupta, Parvesh Verma Get Key Roles in Delhi Govt
The portfolios of the new Delhi government were announced following a cabinet meeting. Chief Minister and her six cabinet colleagues have divided the ministries, with Rekha Gupta and Parvesh Verma shouldering major responsibilities. Mr. Verma, son of former CM Saheb Singh Verma, has been assigned Water, Irrigation, and Flood Control, including the Yamuna cleanup. Rekha Gupta will oversee at least 10 portfolios, including the crucial Finance Ministry. Ashish Sood, a former BJP Delhi vice-president, has been given Home, Education, and Power. Manjinder Singh Sirsa will manage Food and Supplies, Forest and Environment, and Industries. Kapil Mishra, once an AAP minister, now in BJP, handles Law, Labour, Tourism, and more. Ravinder Singh is tasked with Social Welfare and SC/ST Welfare. The Chief Minister retains key portfolios, including Revenue, Vigilance, and Women and Child Development ...
Kash Patel Confirmed as FBI Director in Tight Senate Vote
The Senate confirmed Kash Patel as FBI director in a 51-49 vote, with Republican Senators Susan Collins and Lisa Murkowski joining Democrats in opposition. Patel, a staunch Trump loyalist, faced intense scrutiny over concerns he might use the position for political retribution. During his confirmation hearing, Patel denied such claims, insisting on FBI impartiality. Democrats highlighted his past rhetoric and an alleged “enemies list” from his 2023 book. Republicans defended his nomination, citing the need for transparency. Patel replaces Christopher Wray, who resigned after Trump’s return to the White House. His appointment marks another key Trump-era confirmation ...
Rekha Gupta Takes Oath as Delhi CM in Grand Ceremony
Delhi's Chief Minister-elect, BJP’s Rekha Gupta, will take oath today alongside six cabinet colleagues at a grand ceremony at Ramlila Maidan. The event marks BJP’s return to power in Delhi after 26 years. Chief Ministers and Deputy Chief Ministers from 20 states, BJP leaders, and over 50 film stars and industrialists will attend. Kailash Kher will perform at the musical prelude. Religious leaders and central scheme beneficiaries are also invited. BJP picked Gupta, a first-time MLA, 11 days after the election, in which the party secured 48 seats, ending AAP’s decade-long rule amid corruption allegations ...
Rekha Gupta Becomes Delhi’s First Woman BJP Chief Minister
Rekha Gupta will take oath as Delhi’s next Chief Minister on Thursday, with Parvesh Verma as her Deputy, marking BJP’s return to power in the capital after 26 years. Gupta, who won from Shalimar Bagh, replaces AAP’s Atishi. Verma secured a major victory by defeating Arvind Kejriwal in New Delhi. BJP swept the February 5 Assembly polls, winning 48 of 70 seats. The grand swearing-in ceremony at Ramlila Maidan will see top BJP leaders and celebrities in attendance. Preparations, including fresh paint on boundary walls, are underway at the venue ...
Trump Warns India of Reciprocal Tariffs in Fox Interview
In a joint interview with billionaire Elon Musk, former US President Donald Trump reaffirmed his stance on reciprocal tariffs, warning that India will not be exempt from Washington's new trade policies. Speaking to Fox News' Sean Hannity, Trump recounted a recent conversation with Indian Prime Minister Narendra Modi, stating, “Whatever you charge, I’m charging.” India imposes some of the world’s highest tariffs on American imports, particularly in the auto sector, where duties can reach 100%. Musk, sitting alongside Trump, confirmed this, prompting Trump to call the disparity “unfair” to US businesses. Under his proposed system, the US would mirror India’s tariffs on American goods, ensuring parity in trade. This move comes as both nations aim to double bilateral trade to $500 billion by 2030, despite past disputes. Trump's renewed tariff rhetoric signals a tougher stance ahead of ongoing trade negotiations. US to Match India’s Import Tariffs, Says Trump ...
Delhi CM: BJP Regains Capital Power in 30 Years
New Delhi is set to get its first Bharatiya Janata Party (BJP) Chief Minister in nearly three decades, with the announcement expected by this evening. The BJP’s Parliamentary Board, led by Prime Minister Narendra Modi, convened at noon to decide observers for the selection meeting of newly elected MLAs at 6:15 pm. The swearing-in ceremony will take place at Ramlila Maidan on Thursday at 11 am, with PM Modi, Home Minister Amit Shah, and Lieutenant Governor VK Saxena in attendance. Top contenders include ex-MP Parvesh Verma, BJP Delhi chief Virendra Sachdeva, and Bansuri Swaraj, daughter of the late Sushma Swaraj. Speculation is also rife about a woman CM, with four newly elected BJP women MLAs in contention. The BJP is considering caste equations in its decision, following a pattern seen in past selections to zero in on the next Delhi CM. Delhi’s Next CM - BJP to Reveal Leader, Oath at Ramlila ...
Trump Sparks Global Concerns with Ukraine Comments
In a dramatic shift, President Donald Trump on Tuesday accused Ukraine of starting the war with Russia, fuelling fears of a US pivot toward Moscow. His remarks, made at Mar-a-Lago, falsely claimed Ukrainian President Volodymyr Zelensky’s approval rating was “at 4%” and called for elections in wartime—echoing Russian President Vladimir Putin’s narrative. Trump also suggested Ukraine should have struck a deal to avoid war, implying submission to Moscow’s control. His stance contradicts Secretary of State Marco Rubio’s reassurances of a fair peace process. Meanwhile, European leaders, excluded from recent US-Russia talks in Saudi Arabia, worry Trump’s approach rewards Russian aggression. Amid backlash, key Republican senators distanced themselves. Senate Armed Services Chair Roger Wicker condemned Putin as a war criminal, while Sen. John Kennedy likened him to Stalin. With tensions rising, Trump’s push for a swift peace deal risks further divisions within NATO and US foreign policy. Trump Stirs Controversy in Ukraine Crisis with Pro-Russia Stance ...
Ranveer Allahbadia Gets SC Relief, But Faces Restrictions
The Supreme Court of India has provided temporary relief to YouTuber Ranveer Allahbadia, ruling that no further police cases can be filed against him over his controversial comments on 'India’s Got Latent.' The court, however, rebuked him sharply, calling his remarks "obscene" and questioning their societal impact. Allahbadia, who cited death threats, has been assured police protection but must surrender his passport and refrain from participating in stand-up or roast shows. He was also granted immunity from arrest, provided he cooperates with ongoing investigations. The highest court criticized his statements, with Justice Surya Kant declaring, "If this is not obscenity, then what is?" Meanwhile, Allahbadia apologized, admitting a "lapse in judgment" and calling his remarks "insensitive and disrespectful." While Mumbai Police has yet to file a case, multiple investigations continue, and Allahbadia remains under scrutiny from law enforcement and the National Commission for Women. Ranveer Allahbadia Gets Supreme Court Relief for His ‘Obscene’ Remarks on 'India’s Got Latent,' Faces Restrictions ...
Delta Air Lines’ Plane Crash Lands in Toronto; 18 Injured
A Delta Air Lines jet carrying 80 people crash-landed at Toronto Pearson International Airport on Monday, flipping upside down and injuring at least 18 passengers, including three critically. Endeavor Air Flight 4819, en route from Minneapolis, landed in treacherous weather conditions before coming to rest on its back with damaged wings. Emergency responders acted swiftly, evacuating passengers and dousing the aircraft with water as smoke billowed from the fuselage. Dramatic images showed passengers stumbling away from the wreckage amid strong winds and blowing snow. No fatalities were reported. The airport temporarily halted operations but resumed flights after two hours, warning of significant delays. Investigators from Canada's Transportation Safety Board and the U.S. Federal Aviation Administration are probing the crash. Delta CEO Ed Bastian expressed support for those affected, while officials praised first responders' "heroic" efforts in ensuring all onboard were safely evacuated. Plane Crash at Toronto - Delta Jet Flips, 18 Injured, Rescue Operations On ...
4.0 Magnitude Earthquake Jolts Delhi, No Casualties Reported
Residents of Delhi and the NCR experienced strong tremors early Monday as a 4.0 magnitude earthquake struck the capital. The National Centre for Seismology reported the quake’s epicenter near Durgabai Deshmukh College in Dhaula Kuan at a depth of five kilometers, occurring at 5:36 am. The tremors, lasting a few seconds, caused panic, with many rushing out of their homes. No damage or casualties have been reported. Officials noted that Dhaula Kuan has recorded low-magnitude quakes in the past, including a 3.3 magnitude tremor in 2015. Some residents also reported hearing a loud sound during the quake. Delhi Hit by 4.0 Earthquake at Dawn, Residents Rush Outdoors ...
18 Dead in Stampede at New Delhi Railway Station
At least 18 people, including 11 women and four children, lost their lives in a chaotic stampede at New Delhi railway station on Saturday night. The overcrowding was triggered by delays of two trains bound for the Maha Kumbh, leading to a sudden surge of passengers on platforms 14 and 15. Officials confirmed the casualties at LNJP and Lady Hardinge hospitals. The Railways has ordered an inquiry and announced financial aid of ₹10 lakh for victims’ families. Security has been ramped up at the station, with special trains being arranged for stranded passengers. President Droupadi Murmu and Prime Minister Narendra Modi expressed grief, while Railway Minister Ashwini Vaishnaw assured the situation is under control. Authorities urged people to ignore stampede rumors, despite initial statements from Delhi LG VK Saxena and Defence Minister Rajnath Singh acknowledging a tragic loss of lives. The incident highlights growing concerns over crowd management at religious events. 18 Dead in New Delhi Railway Station Stampede Amid Maha Kumbh Rush ...
White House Blocks AP, Citing ‘Gulf of Mexico’ Coverage
The Trump administration has barred The Associated Press from the Oval Office and Air Force One indefinitely, citing a dispute over the name of the Gulf of Mexico. The White House’s move follows AP’s refusal to adopt President Donald Trump’s recent directive renaming the body of water as the “Gulf of America.” While U.S. government agencies have implemented the change, international organizations, including AP, continue to use the widely recognized term. Deputy Chief of Staff Taylor Budowich defended the ban, stating AP’s decision “exposes its commitment to misinformation.” While AP journalists retain White House credentials, their exclusion from Air Force One flights and presidential events hampers their reporting access. The White House Correspondents’ Association condemned the decision as a “textbook violation” of press freedoms and Trump’s own executive order on free speech. The AP, a longtime member of the White House press pool, is reportedly preparing a legal challenge. Despite the restrictions, AP photographers remain permitted at certain events. However, the press pool’s integrity is now under scrutiny, raising concerns over government-imposed media restrictions. AP has yet to comment publicly on the ban, but an insider described it as “a clear case of viewpoint discrimination.” Trump White House Bans AP from Oval Office, Air Force One Over ‘Gulf of Mexico’ Dispute ...
PM Modi, Trump Unveil COMPACT to Boost US-India Relations
In a landmark meeting at the White House, PM Modi and US President Trump announced COMPACT (Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology for the 21st Century), a comprehensive initiative to enhance bilateral ties across defence, trade, technology, and energy. Key developments include a new ten-year US-India Major Defence Partnership framework, expanded US arms sales, and deeper cooperation in space, maritime, and undersea warfare. Talks also covered streamlining technology transfers and joint development of autonomous surveillance systems. On trade, the leaders set "Mission 500," targeting $500 billion in bilateral trade by 2030. A bilateral trade agreement is expected by 2025, alongside commitments to resolving tariff disputes. India’s investments in the US, supporting 3,000 jobs, were also highlighted. The TRUST Initiative will drive partnerships in AI, biotechnology, and space, with a focus on strategic minerals. The leaders also pledged deeper collaboration in nuclear energy and India's IEA membership bid. On global security, both condemned Pakistan’s inaction on terrorism, confirmed the extradition of 26/11 convict Tahawwur Rana, and reinforced Quad and I2U2 commitments. Tech giant Meta announced a 50,000 km undersea cable project, cementing digital ties. US-India Strengthen Defence, Trade, Energy, Tech, and AI Partnerships ...
Today Is The Big One: Trump Teases Reciprocal Tariffs
President Donald Trump announced plans for sweeping reciprocal tariffs in an all-caps Truth Social post Thursday, vowing to match higher import rates imposed by other nations. “THREE GREAT WEEKS, PERHAPS THE BEST EVER, BUT TODAY IS THE BIG ONE: RECIPROCAL TARIFFS!!! MAKE AMERICA GREAT AGAIN!!!” he wrote. Trump’s tariffs aim to counter foreign levies on American goods, a move he says will protect U.S. workers and national security. White House Press Secretary Karoline Leavitt confirmed more details will emerge before Trump’s meeting with Indian Prime Minister Narendra Modi. Economists warn the tariffs could drive up consumer prices, particularly on imports from India, Brazil, and Vietnam. Key sectors impacted may include medical supplies, electronics, and European automobiles. While negotiations continue, the policy could further escalate trade tensions, adding to the economic strain of Trump’s recent 10% blanket tariff and increased levies on steel, aluminum, and Chinese goods. Today Is The Big One - New Tariffs Loom as Trump Targets Foreign Import Rates ...
World Radio Day 2025: Celebrating the Power of Radio
World Radio Day is celebrated on February 13 each year to recognize the enduring significance of radio in shaping societies and bridging communities. Established by UNESCO in 2011, the day marks the anniversary of United Nations Radio, founded in 1946. This year’s theme highlights “Radio for Climate,” signifying the importance climate change. Prime Minister Narendra Modi extended his wishes, calling radio a "timeless lifeline" that informs, inspires, and connects people through news, culture, music, and storytelling. Despite the rise of digital media, radio remains a crucial tool for accessibility, education, and emergency communication, especially in remote areas. It promotes freedom of expression, cultural exchange, and real-time engagement. With innovations like internet radio, podcasts, and smart speakers, the future of radio remains bright. As we celebrate this day, let’s acknowledge radio’s vital role in keeping the world informed and connected. Tune in and celebrate the magic of radio, and join hands to drive the mission of Radio for Climate! World Radio Day - Radio’s Timeless Impact on Connecting Communities Globally ...
PM Modi Meets Trump in US Amid Trade and Tariff Tensions
Prime Minister Narendra Modi arrived in Washington, D.C., for his first bilateral meeting with President Donald Trump since the latter’s re-election. Greeted warmly by the Indian-American community at Blair House despite freezing temperatures, the visit of PM Modi comes amid rising trade tensions. Key agenda items include tariffs, investment, defence, technology, and immigration. The leaders will also discuss Indo-Pacific security, Ukraine, and West Asia. Modi has already met DNI Tulsi Gabbard and is set to meet Elon Musk at the White House. This marks Modi’s 10th US visit as PM and fourth meeting with Trump as President. PM Modi in Washington - Talks on Trade, Tariffs, Defence, and Tech Ahead ...
PM Modi Wraps Up France Visit, Strengthens Ties with Macron
Prime Minister Narendra Modi wrapped up his three-day visit to France on Wednesday, emphasizing historic Indo-French ties and strengthening strategic partnerships. During his visit to Marseille, he paid homage to freedom fighter Veer Savarkar’s "courageous escape" attempt from British custody in 1910 and thanked French activists for supporting India’s independence movement. PM Modi inaugurated India’s second consulate in France and participated in a memorial ceremony at Mazargues War Cemetery, honoring soldiers who died in the World Wars. He and French President Emmanuel Macron also toured the ITER nuclear fusion project, underscoring bilateral scientific cooperation. Earlier, Modi and Macron addressed the AI Action Summit and India-France CEOs Forum in Paris, reinforcing economic and technological collaborations. Modi also met US Vice President J.D. Vance, ahead of his US visit on February 13, furthering diplomatic engagements. PM Modi Concludes France Visit, Highlights Historic Ties and Strategic Collaboration ...
Elon Musk Leads $97.4 Billion Bid to Take Over OpenAI
Elon Musk and a group of investors have made a staggering $97.4 billion offer to acquire OpenAI, the parent company of ChatGPT, in a move that could redefine the future of artificial intelligence. The bid, first reported by The Wall Street Journal, comes amid Musk’s ongoing legal battle with OpenAI CEO Sam Altman, whom he accuses of steering the company away from its nonprofit roots toward profit-driven motives. Musk, who co-founded OpenAI in 2015 but departed over disagreements on its commercialization, has since sued the company, alleging it breached its founding principles. Altman, credited with OpenAI’s rapid rise to a near $100 billion valuation, responded to Musk’s bid with a sharp retort on X: “no thank you but we will buy Twitter for $9.74 billion if you want.” The offer could give Musk majority control over OpenAI, intensifying his rivalry with Altman and Microsoft-backed OpenAI. Elon Musk's $97.4B Bid for OpenAI Sparks Fresh Feud ...
Trump’s 25% Steel Tariff Sparks Global Economic Jitters
U.S. President Donald Trump has announced plans to impose a 25% import tax on all steel and aluminium entering the U.S., a move expected to hit Canada the hardest. Speaking aboard Air Force One en route to the Super Bowl, Trump declared that tariffs would apply to "everybody" and hinted at further reciprocal duties on nations taxing U.S. imports. Ontario Premier Doug Ford criticized the decision, accusing Trump of "shifting goalposts" and endangering economic stability. The announcement triggered declines in South Korean steel and auto stocks, with POSCO Holdings and Hyundai Steel dropping over 3%. Trump also signed a controversial proclamation renaming the Gulf of Mexico as the "Gulf of America," prompting backlash from Mexico. Additionally, he reiterated his improbable claim that the U.S. could annex Canada and Gaza, calling Canada the "51st state." Announcement of more retaliatory tariffs on the offing this week. Trump to Impose 25% Tariffs on Steel and Aluminium Imports, Sparking Global Concerns ...
Manipur CM Biren Singh Resigns Amid BJP Dissent
Manipur Chief Minister N Biren Singh resigned today, stepping down two years after ethnic violence erupted in the state. His decision comes amid growing dissent within the BJP and the looming threat of a Congress-led no-confidence motion in the assembly session starting tomorrow. Despite the BJP holding a majority, concerns arose over party MLAs defying a whip in case of a floor test. Singh, after consultations with BJP chief JP Nadda and Union Minister Amit Shah in Delhi, submitted his resignation to the Governor this evening. The demand for his removal intensified after leaked audio tapes allegedly linked him to the 2023 violence. Truth Labs' forensic analysis confirmed a 93% match with his voice, prompting Supreme Court scrutiny. BJP, keen to avoid instability amid its recent electoral successes, moved swiftly to prevent a political crisis. The party is now expected to announce Singh’s successor soon. Biren Singh Quits as Manipur CM Ahead of Floor Test ...
Trump Admin Slashes $4B in Research Funds, Sparks Outcry
The Trump administration has announced a major cost-cutting measure, slashing $4 billion in indirect costs from biomedical research grants. The National Institutes of Health (NIH) will cap overhead expenses—covering utilities, equipment, and administrative support—at 15%, down from the current 30% average. Elon Musk, heading the unofficial Department of Government Efficiency (Doge), defended the move, alleging universities were diverting excessive funds. "Can you believe some took 60% for overhead?" he wrote on X. However, scientists and medical institutions warn of severe consequences. The Association of American Medical Colleges cautioned that cutting infrastructure support would "diminish the nation’s research capacity," while Stanford oncologist Anusha Kalbasi called it a "disaster beyond belief." With the changes taking effect Monday, universities fear reduced funding could hamper vital medical breakthroughs, hindering the U.S.’s ability to maintain global leadership in scientific innovation. Scientists Warn of Setbacks as NIH Cuts Overhead Grants ...
PM Modi Hails BJP’s Landslide Victory in Delhi Elections
Prime Minister Narendra Modi on Saturday celebrated the Bharatiya Janata Party’s sweeping victory in the 2025 Delhi Assembly election, calling it a triumph of “development and good governance.” Thanking voters, he assured them of BJP’s commitment to Delhi’s all-round progress. The BJP stormed back to power in the national capital after more than two decades, securing 48 of 70 seats, while the Aam Aadmi Party (AAP) won 22. Outgoing Chief Minister Arvind Kejriwal conceded defeat, acknowledging the people’s mandate. Home Minister Amit Shah declared the results a rejection of AAP’s unfulfilled promises, taking a swipe at Kejriwal’s controversial bungalow renovations. The defeat marks a major setback for AAP, which previously dominated Delhi politics. Kejriwal’s administration struggled with corruption allegations, governance failures, and infrastructure woes—factors that ultimately cost the party its stronghold. AAP Routed as BJP Returns to Power in Delhi After 20 Years ...
BJP Leads Over AAP as Delhi Vote Counting Begins
As vote counting commenced for the Delhi Assembly elections, early trends indicate the BJP leading over the ruling AAP in a closely contested battle. At 8:30 am, Arvind Kejriwal’s AAP initially gained momentum, but the BJP soon surged ahead. The Congress, expected to perform poorly, is leading in just one seat. Exit polls have projected a BJP victory, with Chanakya Strategies forecasting 39-44 seats for the party, while AAP is expected to secure 25-28 seats. Delhi CM Arvind Kejriwal is eyeing a fourth consecutive term, while BJP aims for a comeback after 1998. AAP leader Atishi remains optimistic, calling the election a battle between “good and evil.” Meanwhile, Congress candidate Sandeep Dikshit refrained from commenting on a possible post-poll alliance. The vote counting is underway across 19 centers in Delhi under tight security. AAP is hoping to defy predictions, while BJP looks to reclaim the capital. Delhi Elections Counting Begins - Tight Race as BJP Gains Early Lead ...
Trump Administration Slashes 9,700 USAID Workforce
The Trump administration is set to cut the U.S. Agency for International Development (USAID) workforce to fewer than 300 employees, down from over 10,000 globally, sources told Reuters. The move is part of a government overhaul led by billionaire Elon Musk, a close Trump ally. Only 294 staff members will retain their jobs, with just 12 in the Africa bureau and eight in Asia. Critics, including former USAID head J. Brian Atwood, warn the drastic cuts could cost lives and cripple critical humanitarian efforts. The administration has already placed all USAID direct hires on leave and recalled thousands working overseas. The plan aims to merge USAID with the State Department under Secretary Marco Rubio, though legal hurdles remain. With billions in aid programs at risk, the shake-up threatens global initiatives addressing famine, disease prevention, and poverty alleviation. Termination notices have already begun circulating. Massive USAID Layoffs Threaten Global Humanitarian Aid ...
Trump Imposes Sanctions on ICC Over Netanyahu Arrest Warrant
US President Donald Trump signed an executive order Thursday imposing sanctions on the International Criminal Court (ICC) in response to its arrest warrant against Israeli Prime Minister Benjamin Netanyahu. The order, which freezes assets and enforces travel bans on ICC officials, denounces the tribunal’s probes into alleged war crimes by US forces in Afghanistan and Israeli troops in Gaza as "illegitimate and baseless." The move follows Netanyahu’s recent White House visit, during which Trump proposed a controversial plan to "take over" Gaza and relocate Palestinians. The ICC issued arrest warrants for Netanyahu, former Israeli defence minister Yoav Gallant, and Hamas military chief Mohammed Deif on November 21. The US, which is not a member of the ICC, previously sanctioned the court under Trump in 2020, but President Joe Biden lifted them in 2021. While Biden condemned the ICC’s actions against Netanyahu, Senate Democrats recently blocked a bill to sanction the court. US Hits ICC with Sanctions After Netanyahu’s White House Visit ...
OpenAI Faces Legal Heat as Indian News Giants Join Suit
India’s leading news organisations, including The Indian Express, The Hindu, India Today Group, and NDTV, are seeking to join a lawsuit against OpenAI for allegedly using their content without permission. The case, initially filed by Asian News International (ANI) in November, marks the first legal challenge of its kind in India. ANI has accused OpenAI’s ChatGPT of unlawfully using its copyrighted material and is demanding ₹2 crore ($230,000) in damages. OpenAI denies the allegations, claiming it uses publicly available data within legal norms. However, the case has broader implications as ChatGPT’s expansion in India collides with copyright concerns. News organisations argue that OpenAI’s use of Indian media content, which includes reports from 450 news channels and 17,000 newspapers, enriches the chatbot unfairly. Meanwhile, OpenAI CEO Sam Altman visited Delhi this week to discuss India’s AI strategy with IT Minister Ashwini Vaishnaw, calling India a crucial market. Legal experts believe the outcome of this case could shape AI regulation and media rights globally. If ANI wins, AI firms may need to license content, whereas a ruling in OpenAI’s favor could expand AI’s access to copyrighted material. India’s Top News Outlets Join ANI’s Lawsuit Against OpenAI ...
104 Indian Migrants Deported from U.S., Land in Amritsar
At least 104 Indian citizens were deported from the U.S. on Tuesday night aboard a military aircraft, marking one of the longest deportation flights under the Trump administration’s crackdown on migration. The C-17 aircraft, carrying migrants mainly from Gujarat, Maharashtra, and Punjab, landed in Amritsar on Wednesday afternoon. Many deportees had taken perilous journeys and spent vast sums—some even selling their land—only to be detained and sent back soon after arrival. Among them, 23-year-old Akashdeep Singh had paid nearly $60,000 for his journey but was deported within months. Punjab officials and local leaders expressed deep concern over rising illegal migration, citing unemployment as a key driver. State Minister Kuldeep Singh Dhaliwal urged Prime Minister Narendra Modi to engage with U.S. President Donald Trump to find a solution. As deportations surge, calls for addressing the root causes of migration grow louder. Rising Deportations - 104 Indians Sent Back from U.S ...
BJP Poised for Delhi Win as Exit Polls Predict AAP’s Fall
Exit polls indicate a strong victory for the Bharatiya Janata Party (BJP) in the Delhi Assembly elections, potentially ending the Aam Aadmi Party’s (AAP) decade-long rule. While six exit polls forecast a clear BJP majority, one suggests a tight contest between the two parties. If results align with these projections, the BJP could return to power in Delhi after 27 years. The elections saw a voter turnout of 57.70% by 5 PM, which is expected to rise as polling closed at 6 PM. For AAP, this election is a battle for survival, given corruption allegations against its leadership and its long-standing dominance in Delhi politics. Despite fielding fresh faces and running an aggressive campaign, the party faces strong anti-incumbency. The BJP, without a chief ministerial candidate, relied on Prime Minister Narendra Modi’s appeal and countered AAP’s welfare promises with its own. Meanwhile, the Congress, once dominant in Delhi, focused on securing votes in Muslim and Scheduled Caste-dominated constituencies. With key contests in New Delhi and Kalkaji drawing national attention, all eyes are now on the final vote count, which will determine if Delhi witnesses a historic power shift. Delhi Elections - BJP Eyes Comeback, AAP Faces Survival Test ...
Voter Turnout at 57.7% as Delhi Faces Triangular Contest
Voting for Delhi’s 70 Assembly seats began at 7 am on Wednesday, marking a crucial test for AAP leader Arvind Kejriwal amid corruption allegations against him. With a voter turnout of 57.7% reported by 5 pm, lower than previous elections, the AAP is vying for its third consecutive term after dominant wins in 2015 and 2020. Allegations of fake voting and vote-buying marred the day, with the AAP and BJP trading accusations. The backdrop includes the liquor policy controversy, which led to jail time for Kejriwal and former Deputy CM Manish Sisodia. The election also saw heightened tensions over Delhi’s air quality, infrastructure issues, and the controversial allegation by Kejriwal about Haryana’s water supply. Exit polls will soon provide early trends, with AAP hoping to maintain its dominance, while the BJP seeks a breakthrough, and the Congress hopes for a resurgence after years of decline. Delhi Elections 2025 – A Triangular Fight ...
Emraan Hashmi Advocates Cancer Awareness on World Cancer Day
On World Cancer Day, February 4, actor Emraan Hashmi took to social media to share his family’s battle when his son, Ayaan, was diagnosed with cancer. Reflecting on their journey, he emphasized the importance of early detection and urged people to undergo regular screenings. "When Ayaan was diagnosed, our world turned upside down, but his strength and timely treatment made all the difference," Emraan wrote. He praised government initiatives like Ayushman Bharat and PM-JAY for making cancer treatment accessible and easing financial burdens for millions. Ayaan was diagnosed in 2014 and declared cancer-free in 2019. The Ayushman Bharat scheme, including PM-JAY, provides health coverage of ₹5 lakh per family annually, ensuring cashless treatment and covering hospitalization expenses. Emraan urged people to spread awareness and ensure healthcare reaches all. "Every life matters. Let’s fight together," he concluded. Every Life Matters - Emraan Hashmi Advocates Early Cancer Detection & Affordable Treatment on World Cancer Day ...
Trump’s Crackdown: 18,000 Indian Migrants Deported by Air
In a significant escalation of US President Donald Trump’s immigration crackdown, a US military plane carrying Indian migrants departed for India, Reuters reported. This marks the first time undocumented Indian migrants are being deported using military aircraft. A US official, speaking anonymously, confirmed that a C-17 aircraft left for India, a journey expected to take over 24 hours. India is the farthest destination for these military deportation flights, which have so far transported over 5,000 migrants from El Paso, Texas, and San Diego, California, primarily to Latin American nations like Guatemala, Peru, and Honduras. Trump initiated military deportation flights last week under his emergency declaration on immigration. He stated, “For the first time in history, we are locating and loading illegal aliens into military aircraft and flying them back.” Following a call with Prime Minister Narendra Modi, Trump expressed confidence that India would cooperate in taking back undocumented Indian migrants. With an estimated 18,000 Indian migrants identified for deportation, this move underscores Trump’s broader immigration enforcement agenda. However, reports indicate that military deportation flights are significantly costlier than commercial alternatives, raising concerns over the financial burden of this operation. Trump's Crackdown - 18,000 Indians Identified for US Deportation Flights ...
USAID Faces Shutdown After Trump and Musk Announce Plan
The future of the U.S. Agency for International Development (USAID) hung in the balance Monday after Elon Musk, charged with overseeing federal government reforms, revealed that President Trump had approved plans to shut down the agency. USAID’s headquarters in Washington, D.C., was closed for the day, with employees instructed to work remotely, and its social media accounts and website were significantly reduced, redirecting to the State Department. Musk discussed the matter during a conversation on X, confirming that Trump supported dismantling the long-established agency, citing concerns about its partisan nature. USAID, created by Congress as an independent body, has been under scrutiny from Trump’s administration and Musk, with Democrats opposing the shutdown, claiming it lacks legal authority. The agency's headquarters showed signs of this upheaval: logos, photos, and all references to USAID’s global humanitarian work were removed. Reports also surfaced that top security officials were placed on leave for resisting Department of Government Efficiency personnel's attempts to access sensitive agency systems, including classified information. As the controversy escalates, Democratic lawmakers argue that such drastic changes should fall within Congress’s purview, not the executive branch. USAID employees, some of whom have already been laid off, now face an uncertain future as the agency’s fate hangs in the balance. Trump Pushes to Close USAID, Shifts Operations to State ...
Budget 2025: Major Tax Relief for Middle-Class
Finance Minister Nirmala Sitharaman delivered a historic relief to India’s middle class in the Union Budget 2025, announcing that under the new tax regime, income up to ₹12 lakh (₹12.75 lakh with standard deductions) will be tax-free. Revised slabs now impose a 5% tax on ₹4-8 lakh income, 10% on ₹8-12 lakh, and 15% on ₹12-16 lakh, significantly easing the tax burden. The Budget also unveiled a rationalized TDS regime, doubling the senior citizens’ tax deduction limit to ₹1 lakh and extending the deadline to file updated returns to four years. Additionally, the government will introduce a new, simplified Income Tax bill next week, reducing complexity and compliance burdens. Other key reforms include raising the TCS limit on remittances to ₹10 lakh and tax exemptions on EV and mobile phone battery components. These measures aim to boost disposable income, savings, and investment. Budget 2025 - Major Tax Relief! FM Nirmala Sitharaman Announces No Income Tax Up to ₹12 Lakh ...
Trump Imposes Sweeping Tariffs on Mexico, Canada, and China
U.S. President Donald Trump has signed a sweeping executive order imposing new tariffs on imports from Mexico, Canada, and China, citing concerns over border security and drug trafficking. The tariffs, announced at his Mar-a-Lago club on Saturday, include a 25% duty on Mexican and most Canadian goods, a 10% levy on Canadian energy products, and a 10% tariff on Chinese imports. The move, aimed at curbing illegal immigration and fentanyl trafficking, has sparked immediate backlash. Mexican President Claudia Sheinbaum vowed retaliatory tariffs, while Canadian Prime Minister Justin Trudeau declared his country is "prepared" to respond. The tariffs threaten to escalate into a full-fledged trade war, potentially disrupting supply chains and raising prices on goods ranging from avocados to automobiles. Trump invoked the International Emergency Economic Powers Act (IEEPA) to justify the measures, calling them necessary to protect Americans. However, business leaders and economists warn the tariffs will drive inflation and hurt American consumers. With the tariffs set to take effect Tuesday at 12:01 AM ET, international trade relations brace for a turbulent period as negotiations and retaliatory measures loom. U.S. Imposes Steep Tariffs on Mexico, Canada, and China—Retaliation Looms ...
Union Budget 2025: Key Highlights and Reforms
The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, emphasizes inclusive development under the theme "Sabka Vikas," aiming for balanced growth across all regions. The budget identifies four key drivers of development: Agriculture, Micro, Small, and Medium Enterprises (MSMEs), Investment, and Exports. Income Tax Reforms: Middle-Class Relief: To boost household savings and consumption, the budget proposes no income tax on annual incomes up to ₹12 lakh, effectively exempting individuals with an average monthly income of up to ₹1 lakh. For salaried individuals, the exemption extends up to ₹12.75 lakh per annum under the new tax regime. Agriculture Initiatives: Prime Minister Dhan-Dhaanya Krishi Yojana: This scheme targets 100 districts with low agricultural productivity, aiming to benefit 1.7 crore farmers by enhancing productivity, promoting crop diversification, improving post-harvest storage, and facilitating better irrigation and credit access. Mission for Aatmanirbharta in Pulses: A new mission focusing on self-reliance in pulses, particularly Tur, Urad, and Masoor, will be launched to boost domestic production. Kisan Credit Card (KCC) Loans: The budget proposes providing loans up to ₹5 lakh through KCC under a modified interest subvention scheme to support farmers' financial needs. MSME Support: Enhanced Credit Guarantee: The credit guarantee cover for MSMEs will be significantly increased from ₹5 crore to ₹10 crore, facilitating greater access to credit for small and medium enterprises. National Manufacturing Mission: A comprehensive mission encompassing small, medium, and large industries will be launched to further the "Make in India" initiative, promoting domestic manufacturing and exports. Education and Skill Development: Atal Tinkering Labs: The government plans to establish 50,000 Atal Tinkering Labs in government schools over the next five years to foster innovation and creativity among students. Centre of Excellence in Artificial Intelligence: A dedicated centre with an outlay of ₹500 crore will be set up to promote AI-driven education and research. Urban Development: Urban Challenge Fund: A ₹1 lakh crore fund will be created to develop cities as growth hubs, focusing on infrastructure development, sustainable urbanization, and improved living standards. Energy and Infrastructure: Nuclear Energy Mission: With an allocation of ₹20,000 crore, this mission aims to advance research and development of small modular reactors, contributing to sustainable energy solutions. UDAN Scheme Expansion: The regional connectivity scheme will be expanded to include 120 new destinations, enhancing air travel accessibility across the country. Fiscal Management: Fiscal Deficit Reduction: The fiscal deficit for FY-25 is estimated at 4.8%, with a target to reduce it to 4.4% in FY-26, demonstrating the government's commitment to fiscal consolidation. The Union Budget 2025-26 reflects the government's dedication to fostering inclusive growth, supporting key sectors, and implementing reforms to enhance India's economic resilience and global competitiveness. Union Budget 2025 - Fiscal Roadmap and Policy Priorities ...
Budget 2025 – New Tax Regime Boosts Savings, Cuts Compliance
Finance Minister Nirmala Sitharaman’s Budget 2025 introduces a revamped income tax regime, offering significant relief to middle-income earners. Under the revised structure, annual income up to ₹12 lakh is now tax-free, with an effective exemption of ₹12.75 lakh for salaried individuals, factoring in the ₹75,000 standard deduction. The new tax slabs range from 0% for income up to ₹4 lakh to 30% for income exceeding ₹24 lakh. Key changes include a higher TDS exemption on rent, raised from ₹2.40 lakh to ₹6 lakh, and an increased TCS threshold for foreign remittances, now ₹10 lakh. Senior citizens benefit from a doubled tax deduction on interest income, raised from ₹50,000 to ₹1 lakh. Additionally, taxpayers can now claim two self-occupied properties as having nil annual value, easing financial burdens. Compliance for charitable trusts has also been simplified, with the registration period extended from five to ten years. To enhance tax transparency, the updated returns filing window has been extended to four years, and a new Income Tax Bill will be introduced to streamline compliance. These measures are expected to boost disposable income, stimulate economic growth, and simplify tax filing, aligning with the government’s vision for a formalized and consumption-driven economy. Budget 2025 - ₹12L Income Tax-Free, New Slabs Announced ...
Budget 2025: Will Income Tax Slabs and Deductions Change?
As Finance Minister Nirmala Sitharaman gears up to present her second full-fledged budget under the Modi 3.0 regime on February 1, taxpayers are eagerly awaiting significant reforms in personal taxation. Amid economic challenges, expectations are high for a revamped Direct Tax Code 2025, aimed at simplifying tax rates, eliminating outdated provisions, and easing compliance. A major demand is the hike in the basic exemption limit to ₹5 lakh under both tax regimes, offering much-needed relief to middle-income groups. Revisions in income tax slabs and an increased standard deduction are also anticipated. Additionally, taxpayers hope for enhanced deductions under Section 80C, which has remained unchanged since 2014. With rising healthcare costs, better tax relief for medical expenses is another key expectation. Overall, taxpayers seek a fairer, more efficient tax system that promotes savings, boosts disposable income, and strengthens India’s economic resilience. Tax Relief Hopes Soar as FM Nirmala Sitharaman Readies Budget 2025 ...
Nirmala Sitharaman to Present 8th Consecutive Union Budget
Finance Minister Nirmala Sitharaman will present the first full Union Budget of PM Narendra Modi’s third term today, marking her record 8th consecutive Budget. The Budget comes amid global uncertainties, including slowing economic growth, US President Donald Trump's tariff threats, and AI advancements reshaping industries. Tax relief for the middle class, including income tax cuts and a higher standard deduction, is widely expected. The Budget may also focus on infrastructure investment, financial inclusion for rural businesses, and boosting domestic manufacturing through tariff reforms. With global AI competition intensifying, India may announce initiatives to accelerate AI development. Corporate tax relief is also likely, given US tax cuts under Trump. Fiscal consolidation remains a priority, with a projected 4.5% fiscal deficit for FY26. The Budget will be keenly watched for its impact on economic growth, investments, and India's long-term development goals. Sitharaman’s speech begins at 11 AM. Union Budget 2025 - Nirmala Sitharaman Looking at Tax Cuts, AI Push, and Infra Boost ...
Indian Economy to Grow 6.3-6.8% in FY26: Economic Survey
India's economy is projected to grow between 6.3% and 6.8% in FY 2025-26, according to the Economic Survey 2024-25, presented in Parliament today by Finance Minister Nirmala Sitharaman. The survey highlights strong domestic fundamentals, declining unemployment, and stable inflation, while emphasizing the need for continued reforms to sustain growth. Despite the robust outlook, the projected growth would be India's lowest since the pandemic year (2020-21), when GDP contracted by 5.8%. Recent years saw 9.7% growth in 2021-22, 7% in 2022-23, and 8.2% in FY24. Key concerns include global geopolitical uncertainties, trade disruptions, and inflation risks. The survey stresses the need for grassroots-level structural reforms and deregulation to enhance global competitiveness. It also warns of risks from AI misuse and corporate bond market inefficiencies. Sitharaman will present the Union Budget 2025-26 on Saturday, setting the course for India’s economic future. Economic Survey 2024-25 - India’s Growth Outlook Strong but Faces Global Headwinds ...
Trump Threatens BRICS With 100% Tariffs Over De-Dollarisation
U.S. President Donald Trump on Friday issued a stern warning to BRICS nations, threatening 100% tariffs on their exports if they attempt to replace the U.S. dollar as the dominant currency in global trade. “The idea that the BRICS countries are trying to move away from the dollar, while we stand by and watch, is OVER,” Trump declared in a post, vowing economic retaliation against nations that pursue de-dollarisation. BRICS—comprising Brazil, Russia, India, China, and South Africa, along with newer members like Egypt and the UAE—has increasingly sought to reduce dependence on the dollar. The bloc has encouraged trade in local currencies, with Russian President Vladimir Putin explicitly calling for de-dollarisation at the 2023 BRICS Summit. Trump’s remarks, nearly identical to those he made after winning the 2024 election, underscore his strategy of leveraging tariffs to maintain U.S. economic dominance. His administration has previously targeted allies and adversaries alike, arguing that such measures protect American jobs. However, economists caution that sweeping tariffs could backfire, raising costs for U.S. consumers and businesses. While BRICS pushes for alternatives, the dollar remains the world’s primary reserve currency, with no immediate challenge in sight. BRICS De-Dollarisation Plan Sparks Trump’s Tariff Threats ...
Parliament’s Budget Session Begins; Economic Survey Today
The Budget Session of Parliament begins today with President Droupadi Murmu addressing the joint sitting of Lok Sabha and Rajya Sabha. Following her speech, Finance Minister Nirmala Sitharaman will table the Economic Survey 2024-25, prepared by Chief Economic Adviser V Anantha Nageswaran's team, outlining the economy's performance and future roadmap. The government has listed 16 bills for the session, including the Waqf (Amendment) Bill, Banking Laws (Amendment) Bill, and The Railways (Amendment) Bill. Sitharaman will present the Modi 3.0 government's first full Budget on Saturday, with expectations of changes in income tax slabs. The Union Budget session will be held in two parts: the first concluding on February 13 and the second from March 10 to April 4, with 27 sittings in total. Lok Sabha will debate the President’s address on February 3-4, while Rajya Sabha will hold discussions over three days. Parliament's Budget Session Begins Today; Economic Survey to Be Tabled ...
Trump Blames Diversity Hiring for Air Disaster
President Donald Trump addressed the nation Thursday in the wake of a major U.S. air disaster, offering condolences before quickly pivoting to blame diversity hiring practices in the Federal Aviation Administration (FAA). Without citing evidence, Trump suggested that lower hiring standards under Presidents Joe Biden and Barack Obama contributed to the crash. "We do not know what led to this crash, but we have strong opinions," Trump said, criticizing FAA policies favouring diverse hiring. He signed an executive order ending DEI initiatives in aviation and replacing FAA leadership. Transportation Secretary Pete Buttigieg called Trump’s remarks "despicable," while Senate Majority Leader Chuck Schumer accused him of exploiting tragedy for political gain. The FAA insists all hires meet rigorous qualifications. Investigations into the crash continue, but Trump’s quick politicization underscores his combative approach—signalling that national crises will remain a battleground in his presidency. Washington DC Plane Crash - Trump Targets FAA Policies ...
PSA Airlines Flight Crashed into a US Army Helicopter
A tragic collision occurred on Wednesday night when a PSA Airlines flight, operating as American Airlines 5432, collided with a US Army helicopter near Ronald Reagan Washington National Airport. The Bombardier CRJ700, en route from Wichita, Kansas, was carrying 60 passengers and four crew members. The Sikorsky H-60 helicopter, with three soldiers aboard, was on a training flight from Fort Belvoir, Virginia. The FAA confirmed the incident occurred around 9:00 PM local time (02:00 GMT), and authorities are investigating in conjunction with the National Transportation Safety Board. Emergency responders swiftly engaged, recovering at least 18 bodies from the Potomac River where the aircrafts crashed. The FAA grounded all flights at the airport. American Airlines expressed deep sorrow, offering support to affected families and cooperating with the investigation. President Trump, briefed on the accident, extended his condolences and praised the first responders' efforts. Deadly Collision Near Washington National Airport - PSA Airlines Flight and US Army Helicopter Crash ...
Virat Kohli Returns: Final Round of Ranji Trophy Group Stage
All eyes are on Delhi in the final round of the Ranji Trophy 2024-25 group stage, as Virat Kohli makes his long-awaited return to domestic cricket after more than a decade. The former India captain, who last played for Delhi in the competition in 2012, will be hoping to shake off a period of underwhelming form in red-ball cricket and rediscover his best. At the Arun Jaitley Stadium on day one, a packed crowd gathered to witness his comeback as Delhi took control, claiming five early wickets against Railways. Elsewhere, Mumbai delivered a ruthless performance against Meghalaya, with Shardul Thakur claiming a hat-trick and leaving the opposition reeling at 2/6. KL Rahul also returned to action, batting at number three for Karnataka in Bangalore. As the race for quarterfinal spots intensifies, the performances of India's top stars, including Rohit Sharma, Ravindra Jadeja, and Shubman Gill, will be under scrutiny. In a tight Group D, the winner of the Delhi vs. Railways match will need help from other results to secure qualification, while Tamil Nadu leads Group D, with teams like Chandigarh and Saurashtra pushing for a place in the knockout stages. The final round promises thrilling action across all groups, with only eight teams set to advance. Delhi Hosts Thrilling Action as Virat Kohli Returns to Ranji Trophy After Over a Decade ...
Trump Orders Migrant Detention Facility at Guantanamo Bay
US President Donald Trump has ordered the construction of a migrant detention facility at Guantanamo Bay, capable of holding up to 30,000 people. The facility, separate from the existing military prison, is intended to detain "the worst criminal illegal aliens," Trump stated. Trump's "border tsar" Tom Homan later confirmed that the existing facility would be expanded and operated by Immigration and Customs Enforcement (ICE). Migrants intercepted at sea by the US Coast Guard could be transported there, with "the highest" detention standards applied. Cuba’s government swiftly condemned the plan, calling it an act of "torture and illegal detention" on "occupied" land. The announcement coincided with Trump signing the Laken Riley Act into law, requiring undocumented immigrants arrested for theft or violent crimes to be jailed pending trial. Trump has urged Congress to fund the expansion, emphasizing that Guantanamo is "a tough place to get out." Cuba Condemns the Expansion of Migrant Detention at Guantanamo Bay Plan by Trump ...
Trump Offers Buyouts to Shrink U.S. Government Workforce
In a bold move to reduce the size of the U.S. government, President Donald Trump has offered buyout packages to nearly all federal workers who choose not to return to the office. An email sent to millions of employees on Tuesday outlined a "deferred resignation program," where workers must decide by February 6 whether to accept the offer. Those who opt to leave by the deadline will receive severance packages amounting to approximately eight months of salary. The administration anticipates up to 200,000 employees, or 10% of the federal workforce, will accept the buyout. This could save the government up to $100 billion. However, the offer excludes certain employees, such as postal workers and national security staff. The move follows Trump’s pledge to cut government size and spending, with some employees expressing concern over potential future downsizing. The government has also faced confusion regarding the suspension of federal grants and loans. Federal Workers Face Buyout Option in Major Downsizing Plan Moved by Trump ...
ISRO Marks Historic 100th Launch with GSLV-F15 Mission
The Indian Space Research Organisation (ISRO) successfully launched its 100th mission from the Satish Dhawan Space Centre, with the GSLV-F15 rocket carrying the NVS-02 satellite lifting off at 6:23 AM. This milestone launch marks ISRO’s first mission of the year and the debut mission under Chairman Dr. V. Narayanan. The NVS-02 satellite, part of India’s NavIC navigation system, was precisely placed into orbit, replacing IRNSS-1E. Built on the I-2K platform, the satellite enhances India's independent regional navigation capabilities. GSLV-F15, often dubbed ISRO’s ‘naughty boy’ due to its past failures, demonstrated reliability, marking its 17th flight and 11th with an indigenous cryogenic stage. ISRO's journey, from the 1979 SLV-3 launch to mastering cryogenic technology, now reaches a century. With this success, ISRO solidifies its role in space innovation, ensuring self-reliance in navigation and beyond. GSLV-F15 Soars as ISRO Marks Milestone 100th Launch ...
Maha Kumbh Stampede: 30 Injured, Amrit Snan Cancelled
A stampede-like situation at the Maha Kumbh in Prayagraj on Mauni Amavasya left around 30 women injured, prompting Akharas to call off their holy dip. The chaos erupted near the Sangam when a surge in the crowd broke barricades, causing several women to faint. Injured devotees were rushed to hospitals, with critically wounded individuals transferred to Bailey Hospital and Swaroop Rani Medical College. Akhil Bharatiya Akhara Parishad President Mahant Ravindra Puri announced the cancellation of the Amrit Snan. Prime Minister Narendra Modi directed Uttar Pradesh CM Yogi Adityanath to ensure immediate relief. Authorities closed pontoon bridges and enhanced security, deploying AI-powered surveillance, drones, and additional police. With nearly 10 crore pilgrims expected, Indian Railways is running 360 trains to manage the influx. The Maha Kumbh has already seen 15 crore devotees take a holy dip, marking an unparalleled spiritual gathering. Mauni Amavasya Rush - Maha Kumbh Stampede Injures 30, Snan Halted ...
White House Freezes Federal Grants and Loans, Sparks Outcry
The White House Office of Management and Budget (OMB) has ordered a temporary pause on all federal grants and loans, effective Tuesday at 5 p.m. The freeze, directed by acting OMB Director Matthew Vaeth, halts trillions in government spending, impacting public programs and financial assistance across the U.S. While Social Security and Medicare remain unaffected, the pause blocks new grants and disbursements, including foreign aid, NGO funding, and initiatives tied to diversity, equity, and inclusion (DEI) and climate policies. Vaeth stated the move aligns with President Trump’s executive orders, aiming to redirect federal resources toward administration priorities like energy independence, reducing inflation, and curbing "wokeness." Critics, including top Democratic lawmakers Sen. Patty Murray and Rep. Rosa DeLauro, condemned the decision as "unprecedented" and "devastating," warning of widespread disruptions to nonprofits, universities, and communities. Senate Minority Leader Chuck Schumer emphasized that the freeze jeopardizes legally mandated investments, calling it a threat to millions of Americans reliant on federal support. Exceptions may be granted on a case-by-case basis, but the pause has ignited a fierce debate over executive overreach and fiscal responsibility. White House Freezes Trillions in Federal Grants and Loans, Sparks Nationwide Outcry ...
US Stocks Plunge as China’s DeepSeek Disrupts AI Market
US stocks plunged Monday, with the Nasdaq dropping 3.1% and the S&P 500 falling 1.5%, following a groundbreaking announcement by Chinese AI startup DeepSeek. Nvidia, the chipmaking giant, saw nearly $600 billion wiped from its market value as investors reacted to DeepSeek’s cost-efficient AI model, R1, which rivals ChatGPT at a fraction of the cost. DeepSeek revealed that its model was developed for just $5.6 million, dwarfing the billions US tech giants like Meta and OpenAI spend annually on AI. The news disrupted the tech-heavy Nasdaq but buoyed the Dow, which rose 0.7%, supported by healthcare and consumer companies less vulnerable to AI-driven upheavals. Prominent investor Marc Andreessen called DeepSeek’s achievement “one of the most impressive breakthroughs I’ve ever seen,” further amplifying concerns over the US’s ability to maintain its AI dominance despite chip export restrictions aimed at China. Low-Cost AI Model by DeepSeek Stuns US Tech Giants ...