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US targets China's grip on critical minerals
WORLD

US targets China's grip on critical minerals

Appearing before the House Foreign Affairs Committee on Wednesday (local time), senior officials from the US International Development Finance Corporation (DFC), the US Trade and Development Agency (USTDA) and the Millennium Challenge Corporation (MCC) outlined a coordinated strategy aimed at buildi

US Senate targets China's drug supply grip
WORLD

US Senate targets China's drug supply grip

The proposed Pharmaceutical Investment Oversight and Accountability Act, introduced by Senate Special Committee on Aging Chairman Rick Scott along with Ranking Member Kirsten Gillibrand and Senator Elizabeth Warren on Wednesday (local time), would require annual reports to Congress on foreign invest

US Fed taps former RBI Governor Raghuram Rajan for key reform panel
WORLD

US Fed taps former RBI Governor Raghuram Rajan for key reform panel

The appointment drew praise from Senate Banking Committee Chairman Tim Scott during Warsh's first semiannual monetary policy hearing before Congress on Wednesday (local time), where the Republican lawmaker singled out Rajan's inclusion as evidence that the new Fed chief was encouraging competing ide

AI will create jobs, says Fed chief Warsh
WORLD

AI will create jobs, says Fed chief Warsh

Appearing before the Senate Banking Committee on Wednesday (local time) for his first semiannual monetary policy hearing since taking office seven weeks ago, Warsh repeatedly argued that AI should be viewed as a long-term economic opportunity rather than merely a source of labour market anxiety."I c

Trump administration vows to open Pentagon to defence startups
WORLD

Trump administration vows to open Pentagon to defence startups

Speaking at the Pennsylvania Defense and Innovation Summit on Wednesday (local time), Defence Secretary Pete Hegseth said the administration was dismantling bureaucratic barriers that had long favoured established defence contractors while making it difficult for emerging companies to enter the mili

Trump bets on AI to transform US military
WORLD

Trump bets on AI to transform US military

Speaking at the Pennsylvania Defense and Innovation Summit on Wednesday (local time), Trump said the government was working closely with technology companies and investors to speed up the development and deployment of advanced military capabilities."The talent and innovation in this room will keep A

Trump administration seeks record $1.5tn defence budget
WORLD

Trump administration seeks record $1.5tn defence budget

Speaking at the Pennsylvania Defense and Innovation Summit on Wednesday (local time), Trump said the proposed spending plan would build on what he described as record military investments already made during his presidency."Under the Trump administration, we've invested a record $1 trillion in the U

Army Chief visits Trishakti Corps, reviews operational preparedness
WORLD

Army Chief visits Trishakti Corps, reviews operational preparedness

The COAS met with senior commanders and reviewed the security situation and operational preparedness of the formations within the Corps.The Army said in a statement that General Seth was briefed on operational deployments, evolving security dynamics and technological advancement initiatives undertak

Trump to feature on new US $1 coin
WORLD

Trump to feature on new US $1 coin

The coin carries a portrait of Trump on one side.The word "Liberty" appears above the portrait, while the dates 1776-2026 are engraved below it.The words "In God We Trust" appear beside Trump's portrait. Two stars flank the image.The reverse features an eagle with outstretched wings, holding an oliv

India remains indispensable to US Indo-Pacific vision: Report
WORLD

India remains indispensable to US Indo-Pacific vision: Report

The enduring foundation lies in the strategic importance of the Indian Ocean and the recognition that secure, prosperous and influential India is vital to Washington’s Indo-Pacific strategy, a report has stated.“The recent turbulence in India-US relations has prompted questions about whether one of