Usa Financial News
28.03 / 09:35
Fox
CEO
Tesla
Doge
reports
Department
Interviews
'I am almost done...': Elon Musk reveals date he'll 'ditch Trump' and quit Washington DC after DOGE purge
Elon Musk has revealed the date he plans to 'ditch US President Donald Trump' and leave Washington DC after his DOGE purge of Federal departments. The Tesla CEO sat down with key members of his DOGE team to discuss the work his team has carried out for the first few months of Trump's administration. Elon Musk plans to step down from his cost-cutting role in the Trump administration at the end of May after reducing the US deficit by $1 trillion, the tech billionaire said on Thursday, according to The Fox News. Musk, 54, expressed confidence in getting close to that goal, which would halve the annual federal deficit, in just 130 days — saying his team was averaging “$4 billion a day, every day, seven days a week.” ALSO READ: Myanmar earthquake: Emergency declared in Bangkok; Thailand's stock exchange suspends trading
28.03 / 09:35
COST
security
Dreams
Bill
Experts
social
Schools
Is Rs 10 crore enough to retire early? Financial expert gives four reasons why early retirement is still a dream
«At some point, people stop asking „When can I retire?“ And start wondering „Can I ever retire?“ So, is early retirement in India realistic or just a dream?» said Joshi in a post on LinkedIn.
28.03 / 08:43
COST
Cooper
Google
Software
Corning
country
rights
Heritable Agriculture, a Google spinout, is bringing AI to crop breeding
Subscribe to enjoy similar stories. When Norman Borlaug moved to Mexico in 1944, 60% of the wheat consumed in the country was imported. The government wanted to produce enough of the staple domestically to meet demand, so with money from the Rockefeller Foundation it had started the Cooperative Wheat Research and Production Programme, and asked Borlaug to lead it.
28.03 / 08:43
markets
Target
Digital
Strategy
Cycling
innovations
Relationships
Amid an IT slowdown, one company is aiming for double-digit growth
Subscribe to enjoy similar stories. As India’s IT sector braces for a US slowdown, Bengaluru-based Happiest Minds is charting its own course. The mid-tier digital transformation specialist is pushing ahead with an ambitious strategy, targeting double-digit expansion through FY26 and FY27—even as larger rivals struggle to gain momentum.
28.03 / 08:43
markets
Manufacturing
President
Celebrity
show
beautiful
International
Trump’s auto tariffs will put more pick-up trucks and SUVs on American roads
Subscribe to enjoy similar stories. The manicured lawns of US President Donald Trump’s Mar-a-Lago resort were crammed earlier this month with beautiful vehicles from European luxury brands like Lamborghini, Ferrari and Bugatti. The annual Palm Event was an opportunity for the super-rich to schmooze and show off, but it was also a celebration of automotive excellence, international specialization and consumer choice.
28.03 / 08:43
Citi
Reuters
Myanmar
Trade
show
reports
rowing
Bangkok, Myanmar Earthquake Today LIVE: Thai PM declares state of emergency, quake hits Meghalaya
Bangkok, Myanmar Earthquake Today LIVE: A strong 7.2 magnitude earthquake hit central Myanmar on March 28 (Friday), according to the United States Geological Survey (USGS). The tremor hit 16 km northwest of Sagaing city at a depth of 10 km, at around 12:50 pm local time, USGS added.Minutes later at 1.03 pm, the National Center for Seismology in India reported a 4.0 Ritcher scale quake in Meghalaya's East Garo Hills.Also Read | Earthquake today: Quake of magnitude 7.2 hits Myanmar; tremors felt in China, ThailandFurther, the USGS and Germany's GFZ Center for Geosciences also reported that a midday earthquake struck Thailand's capital city of Bangkok at a shallow depth of 10 km.
28.03 / 07:33
Provident
Digital
Software
Research
innovations
stars
reports
Europe has tech stars. They’re far behind the US.
Subscribe to enjoy similar stories. It wasn’t long ago—say, two months— that European governments and companies thought nothing of relying on Microsoft software for daily tasks or Amazon.com’s Amazon Web Services for data storage. Not so much anymore.
28.03 / 07:33
markets
COST
Manufacturing
country
Features
Chinese exporters hunt for alternatives to ‘irreplaceable’ US buyers
Subscribe to enjoy similar stories. SHENZHEN, China—One of the most popular events at a Chinese exporters’ exhibition last week was a session teaching merchants how to sell more in Russia. Hundreds of attendees listened intently as employees of Russian e-commerce companies explained what Russian consumers like to buy online.
28.03 / 07:13
security
Election
President
War
country
peace
Putin suggests temporary administration for Ukraine to end war
Putin's comments, during a visit to the northern port of Murmansk, come amid U.S. attempts to forge a settlement to the conflict by re-establishing links with Russia and engaging with both Moscow and Kyiv, in separate talks. The Kremlin leader has been accused by Ukraine and European leaders of trying to prolong ceasefire talks without any serious intent of stopping fighting. Russia's invasion of Ukraine in February 2022 has left hundreds of thousands of dead and injured, displaced millions of people, reduced towns to rubble and triggered the sharpest confrontation for decades between Moscow and the West. Putin's suggestion of a temporary administration appeared to address his long-held complaint that Ukraine's authorities are not a legitimate negotiating partner as President Volodymyr Zelenskiy has stayed in power beyond the May 2024 end of his mandate.
28.03 / 05:23
markets
UPS
Target
Yellow
Trade
International
Gold Price Today: Yellow metal remains resilient, trades at Rs 89,750/10 gms; silver above Rs 1 lakh/kg
Silver May futures were trading around Rs 1,01,500/kg, up by 0.18% or Rs 187.
28.03 / 04:09
Action
students
Universities
Department
Discrimination
Schools
Investigations
Stanford, Cal and UCLA investigated in Trump's anti-DEI campaign
Trump administration has opened investigations into the admissions policies at Stanford University and three campuses within the University of California system, including UC Berkeley, UCLA and UC Irvine, the Department of Justice said Thursday. U.S. Attorney General Pam Bondi has directed the department's Civil Rights Division to investigate whether the schools' policies comply with the 2023 U.S. Supreme Court ruling that ended affirmative action in college admissions, the department said in a statement. Since taking office in January, President Donald Trump has attempted to dismantle diversity, equity and inclusion programs that his administration says exclude white and Asian American students. The administration has warned schools and colleges they could lose federal money over «race-based preferences» in admissions, hiring, scholarships and all aspects of campus life.
28.03 / 04:09
Manufacturing
country
exclusive
inclusion
information
recommendations
International
Samvardhana Motherson shares rise 4% as company sees limited impact from US tariffs
Samvardhana Motherson International Ltd (SMIL) advanced 3.8% to their intraday high of Rs 137 on the BSE after the company stated that the recently announced US tariffs on imported products, including automotive components, are not expected to materially impact its financials at present. In a regulatory filing on Thursday, SMIL informed exchanges that a significant portion of its products supplied to U.S. customers are either manufactured domestically within the U.S. or are compliant with the United States-Mexico-Canada Agreement (USMCA). Based on this, the company has assessed that the Executive Orders issued by the U.S. government imposing tariffs are unlikely to have a significant financial effect.
28.03 / 04:09
Citi
BLOCK
SUN
Experts
country
prevention
Surya Grahan 2025 date and time: Will it be visible in India? Is Sutak Kaal applicable? Precautions for pregnant women
partial solar eclipse is set to take place on Saturday, March 29, marking the first solar eclipse of 2025. The event occurs when the Moon moves between the Earth and the Sun, partially blocking sunlight and casting a shadow on parts of the Earth. According to NASA, the eclipse will be visible across regions of Europe, Asia, Africa, North America, South America, and the Arctic.
28.03 / 02:33
Target
WhatsApp
Research
President
Trump executive order on Smithsonian targets funding to programmes with 'improper ideology'
Donald Trump revealed his intentions to reshape the Smithsonian Institution with an executive order on Thursday that targets funding to programmes with "divisive narratives" and "improper ideology". Trump said there has been a «concerted and widespread» effort over the past decade to rewrite American history by replacing «objective facts» with a «distorted narrative driven by ideology rather than truth». He signed an executive order putting Vice President J D Vance in charge of an effort to «remove improper ideology» from the Smithsonian Institution, including its museums, education and research centres and the National Zoo. Trump's order specifically names the National Museum of African American History and Culture and the Women's History Museum, which is in development. «Museums in our nation's capital should be places where individuals go to learn — not to be subjected to ideological indoctrination or divisive narratives that distort our shared history,» the order said. Representatives for the Smithsonian did not immediately respond to an emailed request for comment.
28.03 / 02:33
Action
students
Universities
Justice
Department
rights
Colleges
US may bar foreign students from colleges linked to pro-Palestinian protests
Trump administration is considering measures to prohibit some colleges from enrolling any foreign students if they are deemed «pro-Hamas,» according to senior officials from the Justice and State Departments. The move, which could involve grand jury subpoenas, marks a further expansion of the administration’s immigration policies and efforts to counter antisemitism, though civil rights groups argue it suppresses free speech. Policy background The proposal stems from the «Catch and Revoke» program, an initiative led by Secretary of State Marco Rubio. Initially targeting foreign students allegedly involved in pro-Palestinian protests, the program has resulted in over 300 student visa cancellations in three weeks. Officials state that the government is scrutinizing universities with a significant number of foreign students engaging in demonstrations, which could lead to decertification from the Student and Exchange Visitor Program.
28.03 / 02:33
markets
UPS
Manufacturing
Bill
President
country
Equality
Customs duty cuts, levy withdrawals an ongoing process, not linked to global events: FM Sitharaman
Nirmala Sitharaman on Thursday said the ongoing process of rationalizing customs duties and withdrawing the 6 per cent equalization levy, which began in 2023, is independent of any global events and will continue. Sitharaman said customs duty reductions are part of India's broader objective to strengthen its manufacturing hub and boost battery and advanced chemistry capacities. Replying to a debate on the Finance Bill 2025 in Rajya Sabha, Sitharaman said, «Consistently, budget after budget, we are coming up with a reduction in duties so that India's aspiration for being a manufacturing hub and India's aspiration in building capacities for battery manufacturing and advanced chemistry is being supported. So, this is a consistent thing.» «I heard quite a few members say, „Oh, the tariff war has started, so in response to the tariff announcements made by President Trump, here we are doing it. No, we have been doing it since 2023, steadily, every year. Newer items are being brought in, keeping in mind Atmanirbhar Bharat and, at the same time, Viksit Bharat's requirements, as well as simplifying the customs duty and compliance details,“ Sitharaman said. »So, this is an ongoing process. It has nothing to do with today's global situation but is a process that will continue even in the future," she added.
28.03 / 02:11
Waves
WhatsApp
Nikkei
Trade
President
performer
track
Japan's Nikkei slumps 1.5% as automakers track US peers lower
automakers tracked losses of their Wall Street counterparts following U.S. President Donald Trump's announcement of trade tariffs. As of 0017 GMT, the Nikkei was down 1.5% at 37,222.21.
28.03 / 02:11
Fighting
economy
Election
Trade
President
War
rowing
Canada PM Carney declares end of close US ties, plans talks with Trump amid tariff row
Canada and the United States «is over,» Prime Minister Mark Carney said Thursday, after President Donald Trump announced steep auto tariffs. Trump's planned 25 percent levy on vehicle imports to the United States is to come into force next week and could be devastating for a Canadian auto industry that supports an estimated 500,000 jobs. After Trump's announcement, Carney paused his campaign ahead of Canada's April 28 election to return to Ottawa for a meeting of cabinet members working on tactics in the trade war with the United States. He called Trump's auto tariffs «unjustified,» and said they were in breach of existing trade deals between the countries. He also warned Canadians that Trump had permanently altered relations with the United States and that, regardless of any future trade deals, there would be «no turning back.»
28.03 / 02:11
Citizens
Remark
Election
President
country
rights
International
Congress MP Shashi Tharoor welcomes Trump's recognition of India's Voter ID system
Shashi Tharoor has welcomed US President Donald Trump's recent recognition of India's voter ID system in his latest executive order aimed at overhauling the US federal election process. Trump's order mandates proof of citizenship for federal elections and imposes new restrictions on mail-in voting, drawing comparisons with election systems in India and other countries. Reacting to Trump's remarks, Tharoor highlighted that India has had a robust voter verification system since 1952.
28.03 / 02:11
FIVE
Align
WhatsApp
trends
country
reports
Destinations
UK’s non-dom tax changes could be driving out billionaires like Lakshmi Mittal
Lakshmi Mittal is weighing the possibility of leaving the UK following the government’s decision to end tax benefits for non-domiciled residents. If he proceeds with this move, he will be among the wealthiest entrepreneurs to leave due to tax reforms. According to a Financial Times report, Mittal, who has lived in the UK for nearly 30 years, is assessing his options in response to the Labour government's decision to abolish the «non-dom» tax regime. This policy allowed certain UK residents to avoid taxes on foreign income and gains. “He is exploring his options and will take a final decision over the course of this year,” said a close associate. “There is a good chance he will cease to be a UK tax resident.” The billionaire and his family ranked seventh on the Sunday Times list of Britain's wealthiest individuals last year, with an estimated fortune of £14.9 billion. He owns multiple properties across Europe, the US, and Asia, including a chalet in St Moritz, Switzerland, and has recently been investing in Dubai real estate.
28.03 / 01:35
UPS
FIVE
wellness
Healthcare
Department
Destinations
Mint Quick Edit | Why are so many wealthy Indians leaving?
Subscribe to enjoy similar stories. One in every five ultra-high net worth individuals in India is either in the process of migrating overseas or plans to, according to a survey by Kotak Private Banking, a unit of Kotak Mahindra Bank. Its study found a higher propensity to migrate among professionals than entrepreneurs or those who inherited their wealth.
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