International
U.S. Treasury Secretary Scott Bessent said Washington has enough money to fund the war with Iran, even as the administration prepares to seek additional support from Congress to keep the military supplied for a potentially longer conflict. His remarks came amid rising scrutiny over the financial cost of the war and the broader economic consequences […]
International
The United States Senate approved a funding measure on Monday aimed at ending the federal government shutdown, currently the longest in US history. The vote was 60–40, with all but one Republican and eight Democrats voting in favour. The legislation now moves to the United States House of Representatives for approval. What the Bill Does […]
Business
Air India has approached its owners — Tata Sons (74.9 % stake) and Singapore Airlines (25.1 %) — seeking approximately ₹10,000 crore (around US $1.14 billion) in fresh funding according to Bloomberg News, . The request follows the June crash of its Boeing 787 on the Ahmedabad–London route and ongoing operational and financial challenges. Purpose […]
International
Faculty, staff, students and labor unions from the University of California system have sued the Trump administration in federal court. They challenge the freeze on federal research funds, alleging the suspension violates academic freedom and free speech. Funds Frozen The lawsuit cites over $584 million frozen at UCLA due to probes into alleged antisemitism, civil […]
International
A federal judge has ruled that the Trump administration acted unlawfully in canceling over $2.2 billion in research grants to Harvard University, ordering that the funds be reinstated. Judge Declares Cuts Illegal U.S. District Judge Allison Burroughs held that the administration’s move violated the First Amendment and amounted to “illegal retaliation.” The court stated