Trump Seeks New Powers to Pressure ‘Underperforming’ Weapons Makers
In an executive order, President Trump is aiming to punish defense contractors that don’t deliver weapons quickly enough. Source link
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US markets today: Wall Street edges higher after mixed jobs data; rate-cut bets pushed back
US stock markets traded slightly higher on Friday after a mixed US jobs report tempered expectations of an early interest rate cut by the Federal Reserve, without fully closing the door on easing later this year, according to an AP report.In early trading, the S&P 500 rose 0.2% and hovered near its all-time high set…
Trump’s $100 Billion Venezuela Oil Plan Gets a Cool Reception
President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of them are reluctant to embrace. Source link
‘Closely following developments’: India watches proposed US tariff bill on Russian oil buyers; what MEA said
India on Friday said it is closely monitoring developments around a proposed US legislation that seeks to impose steep tariffs of up to 500% on countries procuring Russian crude oil, amid growing pressure from Washington, PTI reported.“We are aware of the proposed bill. We are closely following the developments,” External Affairs Ministry spokesperson Randhir Jaiswal…
Jobs Report Shows U.S. Hiring Slowed One Year Into Trump’s Second Term
As economists pointed to some of the president’s policies to explain the latest Labor Department data, White House aides sought to make the case for optimism in the new year. Source link
Budget 2026: PHDCCI pitches green bank to finance renewable energy, EVs and climate tech
Industry body PHDCCI has suggested that the government set up a dedicated Green Bank or Climate Finance Facility in the upcoming Union Budget to help channel private capital into green technologies such as renewable energy, energy efficiency and electric vehicles, PTI reported.The proposal was made during a pre-Budget interactive session with representatives from the banking,…
X Sues Music Publishers, Alleging ‘Collusion’ Over Licensing Deals
The social media platform says it was pressured into licensing agreements for songs “at inflated rates.” In 2023, publishers sued the company for copyright violations. Source link
India–US trade talks: Did a missed Modi–Trump call stall the deal? GTRI flags deeper policy gaps
A remark by US Commerce Secretary Howard Lutnick blaming the lack of a personal phone call from PM Narendra Modi for the stalled India–US trade deal does not stand up to scrutiny and diverts attention from substantive policy differences, the Global Trade Research Initiative (GTRI) said in a report released on Friday.In an interview on…
U.S. Hiring Continues at Modest Pace, but Weaknesses Are Evident
The unemployment rate fell in December, but job growth across 2025 was the lowest in five years. Source link
India outlook: Reforms put wind in its sails amid global headwinds; PMO’s Shaktikanta Das maps the road ahead
India is at the cusp of a historic economic journey, with government policies and reforms giving the country “wind in its sails” even as global trade uncertainties intensify, Principal Secretary to the Prime Minister Shaktikanta Das said on Friday.Delivering the inaugural Bibek Debroy Memorial Lecture, Das said India has emerged stronger from successive global shocks…