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US expected to report record-breaking economic fall

A huge plunge in consumer spending sent the economy sinking at a roughly 32 per cent annual rate in the April-June quarter

30 Jul 2020 4:07 PM

Trump's national security adviser tests positive for coronavirus

Announcing the infection, the White House said in a statement there was no risk of exposure to Trump or Vice President Mike Pence

28 Jul 2020 1:20 PM

Global trade extremely important for India's re-opening, says Raghuram Rajan

Rajan cautioned that corporations, households and governments will have enormous levels of debt as they move out of the pandemic

24 Jul 2020 4:29 PM

If elected, Joe Biden would help India get seat on UNSC: Ex-US diplomat Richard Verma

The 77-year-old former US vice president is set to be formally nominated by the Democratic Party in August

19 Jul 2020 1:10 PM

Twitter disables Trump's tweet over copyright violation

The video disappeared from Trump’s Twitter feed with notification: “This media has been disabled in response to a report by copyright owner”

19 Jul 2020 11:42 AM

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Step up now or pay price later: UN aid chief to G20 on coronavirus support

So far, Lowcock said, the United Nations has only received $1.7 billion

17 Jul 2020 10:44 AM

Not out of the woods yet: IMF chief warns second wave of virus could disrupt economies

Activity has started to gradually strengthen, but we are not out of the woods yet, Georgieva said in a message to G20 finance ministers

16 Jul 2020 10:46 AM

India, US to initiate clinical trials for Ayurvedic formulations against COVID-19

According to the ambassador, there are at least three ongoing collaborations between Indian vaccine companies with US-based institutions

09 Jul 2020 9:58 AM

US asks foreign students to leave country if classes go online

US will not issue visas to students enrolled in schools and/or programmes that are fully online for the fall semester

07 Jul 2020 12:15 PM

Black Facebook employee files racial discrimination complaint

Facebook said in a statement it takes discrimination allegations seriously and investigates every case

03 Jul 2020 10:03 AM

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Elon Musk's Tesla becomes world's richest auto group

Tesla has seen ups and downs but its shares have risen steadily since late 2019 as it met key production targets for its Model 3 car

02 Jul 2020 12:40 PM

Novartis reaches $678 million settlement with US authorities over doctor-bribe claims

The settlement resolves a 2011 whistleblower lawsuit accusing Novartis of violating the federal False Claims Act and Anti-Kickback Statute

02 Jul 2020 12:22 PM

Cisco accused of job discrimination based on Indian employee's caste

Cisco’s workforce includes thousands of Indian immigrants, most of whom were born Brahmins or other high castes

01 Jul 2020 10:36 AM

Johnson & Johnson ordered to pay $2.1 billion over cancer-causing talc powder

Johnson & Johnson faced thousands of lawsuits across US alleging it failed to warn consumers of the risk of cancer from its talc products

25 Jun 2020 1:15 PM

Trump threat to 'decouple' US and China hits trade, investment reality

The damage-control efforts by the Trump administration come after Trump said last week that “a complete decoupling from China” was an option

24 Jun 2020 12:13 PM

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Gilead Sciences to start trials of inhaled version of remdesivir

The FDA granted remdesivir an emergency use authorisation for the treatment of hospitalised patients with severe Covid-19

23 Jun 2020 3:47 PM

"Disappointed" says Google CEO Sundar Pichai on H1-B visa ban

Pichai said he would stand with immigrants and work to expand opportunity for all

23 Jun 2020 1:23 PM

Trump blocks H1B visa, business groups say decision will hurt US recovery

The visa suspension, will open up 525,000 jobs for US workers, a senior administration official said

23 Jun 2020 10:54 AM

NASCAR investigating noose found in Bubba Wallace garage at Alabama race

On Twitter, Wallace said “the despicable act of racism and hatred leaves me incredibly saddened"

22 Jun 2020 1:55 PM

Trump threatens to cut China ties after high-level talks

Trump made rebalancing US trade deficit with China top priority, but relations worsened as his campaign for re-election in November heats up

19 Jun 2020 9:42 AM

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