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Union Budget for the fiscal year 2025-26, to be presented on February 1, 2025, is expected to strike a delicate balance between fiscal consolidation and growth-oriented measures, according to a Bank of Baroda report.

Donald Trump 's administration is directing that all federal diversity, equity and inclusion staff be put on paid leave, and that agencies develop plans to lay them off, according to a memo Tuesday from the Office of Personnel Management.

Subscribe to enjoy similar stories. MORE THAN 90 years ago Franklin Delano Roosevelt surveyed the wreckage of the Great Depression. He pointed to one of its causes: sky-high tariffs had put America on the “road to ruin" by inviting retaliation and suffocating investment.

Donald Trump on Tuesday said he likes both sides of the argument on H-1B foreign guest workers' visa, noting that he likes «very competent people» coming into the country and that he has used the programme. «I like both sides of the argument, but I also like very competent people coming into our country, even if that involves them training and helping other people that may not have the qualifications they do. But I don't want to stop — and I'm not just talking about engineers, I'm talking about people at all levels,» Trump told reporters at the White House during a joint news conference with Oracle CTO Larry Ellison, Softbank CEO Masayoshi Son, and Open AI CEO Sam Altman.

Stocks climbed as President Donald Trump struck a better-than-feared tone on global trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields that roiled markets. The dollar wavered. Over 400 shares in the S&P 500 rose, with the gauge up almost 1% as Trump is expected to announce a new investment push for artificial intelligence led by Softbank Group Corp., OpenAI LLC, and Oracle Corp. A closely watched exchange-traded fund tracking companies with AI exposure hit a three-year high. Small caps climbed on bets they will benefit from a protectionist stance. Trump’s flurry of executive orders helped boost space shares, while weighing on electric-vehicle makers. An ETF focused on big Chinese firms gained as the US president so far refrained from announcing tariffs on the Asian nation.

External Affairs Minister S Jaishankar met his US counterpart Marco Rubio and exchanged views on a wide range of regional and global issues in their first bilateral meeting hours after the Secretary of State assumed office.

migrants at sensitive locations like schools and churches after the Trump administration threw out policies limiting where those arrests could happen as the new president seeks to make good on campaign promises to carry out mass deportations.

children of immigrants who are on work visas in the country. Lawyers and experts told ET that for the children, the order creates a phase of being 'stateless' for a brief period as they may be without authorisation since there is no visa category for children of temporary immigrants.

Cocoblu Retail, the largest seller on Amazon, has set up a new entity for the quick commerce business, per a recent filing with the Registrar of Companies (RoC). Cocoblu’s parent, Rattan India, has renamed one of its existing entities to Cocoblu Quick Commerce and amended its objectives to shift the company's focus from wholesale trade to retail business, clearly indicating its focus area—quick deliveries.

Subscribe to enjoy similar stories. The Reserve Bank of India (RBI) has allowed non-residents to open rupee accounts in the overseas branches of India-registered authorized dealer banks to conduct cross-border transactions. Mint explains the significance of this move: In a circular last week, RBI allowed overseas branches of authorized dealer (AD) banks to open rupee accounts for non-resident Indians for settling current and capital account transactions with Indian residents. AD banks are authorized by RBI to deal in foreign exchange or foreign securities.

Subscribe to enjoy similar stories. Nifty 50, India’s benchmark index, closed lower at 23,024.65 after a volatile trading session. The index opened at 23,421.65 but remained in the red for most of the day.

Subscribe to enjoy similar stories. Media technology unicorn Amagi Media Labs has hired Kotak Mahindra Capital, Citigroup, IIFL Capital and Goldman Sachs as investment banks to raise up to ₹3,200 crore in an initial public offering (IPO), two people aware of the matter said. The company, which counts NBC Universal, CBS, USA Today and Japan’s Rakuten Group among its clients, is likely to file draft IPO papers after April, the people said on the condition of anonymity.

Indian rupee weakened marginally on Tuesday to close at 86.577 per US dollar, versus previous close of 86.567/$1. The local currency peaked to 86.282/$1 during the day after US president Donald Trump refrained from imposing tariffs on his first day in office. The rupee, however, gave up its gains after Trump said he was thinking about imposing tariffs on Canada and Mexico.

U.S. President Donald Trump could hit Canada with tariffs as early as next week, raising the risks that Ottawa would impose retaliatory tariffs on the United States amid growing fears of a trade war.

Donald Trump arrived at the White House along with his wife Melania Trump, and was greeted by Joe Biden and Jill Biden. There was an exchange of words and pleasantries between them, but an astonishing claim has surfaced that suggests that Biden was asked to 'shut up' by the new US President Donald Trump. At the point when this interaction happened, Joe Biden was still the reigning President, and they were yet to arrive at the Presidential inauguration event for the oath-taking ceremony.

Bishop Mariann Budde delivered a poignant sermon urging US President Donald Trump to show some mercy at least towards LGBTQ+ communities and undocumented immigrants, reported Associated Press.

President Donald Trump has signed an executive order promising to eliminate what he incorrectly labels “the electric vehicle mandate” imposed under former President Joe Biden

Harris, the former vice president, boarded a plane bound for her home state to visit firefighters fighting wildfires raging across Southern California and assist in food distribution with nonprofit World Central Kitchen, just after Vice President JD Vance took his oath of office and Donald Trump was sworn in as the 47th president of the United States on January 20.