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Subscribe to enjoy similar stories. Harvard President Alan Garber has spent the past few weeks trying to keep his school from becoming the next Columbia. As he watched Trump pull federal funds from his school’s Ivy League peer over antisemitism concerns, and impose far-reaching demands, Garber made a flurry of moves of his own.

Enforcement Directorate (ED) has turned its focus on funding from the US Agency for International Development (USAID) amid an ongoing investigation tied to investor and philantropist George Soros, TOI has reported. This scrutiny comes as the Trump administration has time and again criticized USAID for allegedly promoting a «left, liberal and woke» agenda abroad. The ED is currently investigating three Bengaluru-based companies for purported violations of the Foreign Exchange Management Act, specifically regarding the receipt of Rs 25 crore from the Soros Economic Development Fund (SEDF). Among these companies, ASAR Social Impact Advisors has also been noted for receiving Rs 8 crore from USAID as foreign inward remittance during FY23. The central agency is particularly interested in understanding the motives and purposes behind the payments made by USAID. Notably, the Open Society Foundations was categorized under the 'prior reference category' by the home ministry in 2016 due to concerns over «undesirable activities.» This classification mandates that it must obtain prior approval from the ministry before contributing funds to any Indian non-profit organization.

“Liberation Day in America!” But while the U.S. president celebrates what he claims will be an economic revival, one country in particular is bracing for what could be a financial disaster. Standing in the Rose Garden of the White House, Trump is set to unveil a sweeping wave of tariffs targeting multiple countries, a move he believes will restore American industry. White House press secretary Karoline Leavitt hinted that these measures would include reciprocal tariffs, ensuring that if a country taxes American goods, the U.S. will return the favor—dollar for dollar. While most details remain under wraps, one policy has already been confirmed: a 25 percent import tax on all foreign-made cars entering the U.S. The crackdown on vehicle imports begins today, with businesses importing cars set to face charges starting April 3. By May, even car parts will be hit.

global trade tensions and sparking uncertainty in markets worldwide. These tariffs, designed to counter what Trump calls unfair trade practices, are expected to reshape global commerce in a significant way.

cost of living varies significantly between India and the United States, and this difference is best understood through Purchasing Power Parity (PPP). According to financial expert and CA Nitin Kaushik, an annual salary of Rs 23 lakh in India is equivalent to Rs 79 lakh in the US when considering lifestyle expenses. This staggering gap underscores the impact of PPP on real income and affordability.

Subscribe to enjoy similar stories. Bengaluru: In the dying days of 2024, Bench Accounting, a Canadian software-as-a-service (SaaS) startup that offered accounting and tax reporting services to small and medium-sized businesses, went belly up. Given its high-profile backers, the shutdown came as a shock.

Elon Musk, who spent millions opposing her. The most expensive race of its kind drew national attention, owing to Elon Musk's significant investment in Brad Schimel's campaign, which ultimately failed to sway voters. The ostensibly nonpartisan race turned into the costliest state Supreme Court race in American history, serving as the first significant battleground state election of President Donald Trump's second term. Following Crawford's win in the first battleground state election of Donald Trump's second term, liberals will continue to hold a slim majority on the court. According to NBC News, Democratic-backed Dane County circuit judge Susan Crawford defeated former Republican attorney general Brad Schimel, a Waukesha County circuit judge, to win a 10-year term on the court. Donald Trump and Elon Musk, his multibillionaire advisor, suffer as a result.

Subscribe to enjoy similar stories. Just a few months before President Trump took office, families of Israeli hostages held in Gaza started lobbying him to their cause. In one meeting in New York in 2024, Adi Alexander was surprised to realize Trump thought most of the Israeli hostages being held by Hamas were dead.

Trump Tariff News LIVE: US President Donald Trump is all set to announce reciprocal tariffs on 2 April, which will immediately come into effect. Donald Trump has styled the new US tariff plans as coming on America's "Liberation Day".Earlier, the White House had slammed India for imposing a 100 per cent tariff on America’s agricultural products and highlighted similar trade barriers in the EU, Japan, and Canada.According to reports, quoting US Treasury Secretary Scott Bessent, the US President will announce the tariffs in the Rose Garden of the White House at around 4 pm Washington time on April 2, which is 1:30 am IST on April 3.Experts suggested that US companies which import goods will have to pay the new taxes soon after the announcement, while alarming the situation raises the possibility of a recession in the US and in other countries.Stay tuned with Live Mint for all the LIVE action.“April 2, 2025, will go down as one of the most important days in modern American history," White House press secretary Karoline Leavitt said on Tuesday.Trump Tariff News LIVE: Donald Trump is expected to address the media at 4 pm ET on April 2, which is 1:30 am IST on April 3.Trump Tariff News LIVE: The Indian currency plunged on Wednesday with the markets awaiting for US President Donald Trump to announce US reciprocal tariffs.

In its quarterly sentiment survey involving 78 investment management CIOs, ARC found many respondents have struck a «cautious tone» as conviction levels across all major classes fell, with a  strong decline reported in the US. Trump trade war could lead to $1.4trn global welfare loss as 'Liberation Day' looms Sentiment towards US assets hit 4% net negative in Q1 2025, down from 36% net positive posted in the same period a year ago. The bonds sector reported the largest decline in sentiment, falling from 44% to 29% net positive from Q1 2024 to Q1 2025, respectively. Equities also...

Elon Musk who is now working in the US Justice Department previously bragged about hacking and distributing pirated software, according to archived copies of his former websites reviewed by Reuters. Christopher Stanley, a 33-year-old engineer who has worked at both Musk's social media company X and space-launch company SpaceX, is a senior advisor in the Deputy Attorney General's office, according to a former Justice Department official and a staff directory listing reviewed by Reuters. Stanley was assigned there while working for Musk's Department of Government Efficiency that President Donald Trump set up to slash the federal bureaucracy. Musk has said no «organization has been more transparent» than DOGE, but there's been little public information on the responsibilities and background of its staff.

US Defense Secretary Pete Hegseth is under scrutiny again. Amid the fallout over the Signalgate group chat between top US national security officials that inadvertently added a veteran US journalist, Hegseth is under fire again for reportedly bringing his wife to two meetings with foreign military officials. In a purported video, Jennifer Hegseth could be seen in a video following her husband into a meeting in Brussels with allies to strategize over Ukraine, reported the Wall Street Journal. Jennifer Hegseth's presence caused «surprise», but the meeting went on without objections, the report stated. ALSO READ: Double trouble for Pete Hegseth? US Defense Secretary under fire for another controversy amid chat leak row

Washington, here’s a piece of news that is getting far too little attention: The US is on course for fiscal breakdown. That’s the unambiguous message from the Congressional Budget Office’s newly updated long-term projections. Unless Congress changes course, there’ll be a reckoning, and it will be grim. As the CBO details, deficit spending is more out of control than ever. Both parties share the blame, as do both ends of Pennsylvania Avenue. And all should remember that investors’ appetite for US government debt isn’t limitless. The federal government is currently spending roughly $7 trillion and collecting only $5 trillion in taxes annually. The resulting deficit is a little over 6% of gross domestic product, a disturbingly high number for an economy around full employment. The CBO expects public borrowing to remain at this elevated level or higher for decades. Assuming no recessions, public debt will rise to 100% of GDP this year and 118% by 2035 — and it just keeps rising from there. A responsible Congress would make deficit reduction its overriding priority. Instead, Republicans are discussing ways to borrow more — and not just a little more. New tax cuts are under consideration. And many want to extend provisions of the 2017 Tax Cuts and Jobs Act, which would otherwise expire at the end of this year.

Elon Musk's days as a senior White House adviser may be coming to an end — along with his government-slashing Department of Government Efficiency. After the tech mogul said that he would step down as DOGE chief by the end of May, US President Donald Trump has hinted that his 'first buddy' Musk may quit his role as a senior White House adviser leading the DOGE and will likely to go back to running his several companies full time. President Trump Monday said he wants to keep Elon Musk at the White House for as long as he is willing to oversee the DOGE but suggested the billionaire tech entrepreneur's time could be nearing an end. ALSO READ: 'Did Biden do news conferences like this?': Trump calls friend Kid Rock ‘Bob’ during rapper’s bizarre appearance

Subscribe to enjoy similar stories. Recent monetary policy decisions in both the United States and India indicate a shift towards easing interest rates. The US Fed has been signaling that there is a need to keep the policy rate accommodative and is open to rate cuts if the data supports this.

“The element of uncertainty regarding reciprocal tariffs is expected to decrease with the tariff declaration today. However, considering Trump’s flip-flops on tariffs in the past, the uncertainty is likely to persist beyond today,” says Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments.

«Widespread price hikes and inefficiencies» could be the result of a global trade war and retaliatory tariff spiral, according to a report from economists Jun Du and Oleksandr Shepotylo at Aston University.  The report found that the 2018 US tariffs cost consumers $1.4bn per month in welfare losses; in the event that all countries targeted by Trump's levies retaliate with the same level of tariffs after ‘Independence Day' (2 April), leading to a potential $1.4trn global welfare loss.  Wall Street giants hike recession risk expectations amid impending Trump tariffs In particular, US...

Prime Video has launched Apple TV+ as an add-on subscription in India, priced at ₹99 per month. Subscribers can enjoy a diverse range of content, including comedies such as Ted Lasso and Shrinking, dramas like Severance, The Morning Show, Slow Horses, and Disclaimer, as well as sci-fi titles such as Silo. Popular films, including Wolfs and The Gorge, are also available. This add-on subscription is now accessible via Prime Video in the US, Australia, New Zealand, Canada, and multiple regions across Europe and Latin America. “We're delighted to continue rolling out Apple TV+ on Prime Video with today’s launch in India, bringing Prime Video customers an even greater selection of TV shows and films, all within one app experience,” said Kelly Day, Vice President of International, Prime Video. Gaurav Bhasin, Head of Marketplace (Add-on Subscriptions and Movie Rentals), Prime Video India, added, “Over the years, we’ve established Prime Video India as a premier entertainment destination, offering a vast selection of premium programming, including Indian and international Originals, films, and series. Our service also features over 75,000 hours of additional content across genres from more than 25 Indian and international add-on subscription partners. We’re thrilled to welcome Apple TV+ to Prime Video’s extensive library. We’re confident Prime members in India will appreciate the easy access to Apple Originals with a simple add-on subscription, along with features such as streamlined content discovery, unified watchlists, and centralised billing.”

Markets are bracing for details of new reciprocal tariffs set to be unveiled at 1:30 a.m. IST, which could take effect immediately. Trump has already imposed tariffs on aluminum, steel, and autos, alongside increased duties on Chinese imports—moves that have rattled financial markets amid fears of an economic slowdown.

Mayuresh Joshi, Head Equity, Marketsmith India, says Trump’s announcements are on everybody's mind, but if this lingers on with the absolute stance that president Trump has reiterated and that continues in a rhetorical fashion for the next few weeks without any negotiations on the table across a lot of different economies, we are going to see a lot more volatility in the equity markets. Joshi says Trump will bring a lot of countries on the negotiating table over the next few weeks and a few sectors like pharmaceuticals might not get the brunt as the markets are fearing. So, pharma, which has got beaten down as far as US exports are concerned, might have a respite in terms of Indian exports and should show a smart bounce. What is the overriding thought in the Indian markets right now about Liberation Day and what could really be brought in the worst fears that market men are contending with right now? Mayuresh Joshi: Two things, there is huge uncertainty of what will come through and therefore how the rhetoric in terms of the Trump tariff plan gets implemented, which sectors are probably going to get affected, and how are countries going to get taxed is going to be the foremost important facet that the markets will probably look at.

Donald Trump's "Liberation Day" is here, a day where he seeks to alter the global trade structures by imposing reciprocal tariffs on countries that, according to him, treated the US unfairly. This will have widespread implications for the world including India. Even though experts predict the impact will be minimal and transient, the domestic stock market doesn't seem to think so. Benchmark Sensex plummeted 1400 points on Tuesday, highlighting the deep fears pervading among investors. In this context, here is a study on how investors should approach the next two days of trading.