The United States has designated The Resistance Front (TRF), a proxy of the Pakistan-based terror outfit Lashkar-e-Tayyiba (LeT), as a Foreign Terrorist Organisation (FTO) and a Specially Designated Global Terrorist (SDGT) following its role in the deadly April 22 terror attack in Pahalgam, Jammu and Kashmir, which claimed the lives of 26 civilians. In a…
In a major legislative win for US President Donald Trump, House Republicans on Thursday passed a sweeping multitrillion-dollar tax breaks and spending cuts package — a centrepiece of his second-term agenda — just ahead of the Fourth of July deadline. The bill cleared the lower chamber in a tight 218-214 vote, with two Republicans breaking…
The US strike on Iran fueled fears that Israel’s war with Tehran could escalate to a wider regional conflict, and other countries began reacting Sunday with calls for diplomacy and words of caution. President Donald Trump had said Thursday that he would decide within two weeks whether to get involved. In the end, it took…
The US Federal Reserve has kept its benchmark policy rate unchanged at 4.25–4.50 per cent, flagging continued uncertainty from President Donald Trump’s tariff-led trade policies. The Fed maintained its “wait-and-watch” stance, warning that inflation could rise and growth may soften as the impact of tariffs filters into the economy. The central bank now forecasts GDP…
Crude oil futures continued to trade in the green, despite global volatility and some profit booking abroad. July crude oil futures on the Multi Commodity Exchange (MCX) were trading at Rs 6,324 per barrel, up Rs 25 or 0.4 per cent from the previous close. Meanwhile, on the COMEX, US crude contracts hovered at $74.54…
In a sharp shift from previous optimism, US President Donald Trump on Friday signalled a hardening stance against China, accusing Beijing of violating a trade agreement and warning that he will no longer be “Mr. NICE GUY.” The remarks, made via a post on social media and later reiterated at the White House, mark a…