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What US midterm election results mean for the future of Ukraine aid

If Republicans win the House, where does that leave Ukraine? It's a question that is top of mind in Washington as the GOP draws closer to winning the majority in the US House. Some fear the end of Democratic control in Congress and the empowerment of America First conservatives could ultimately result in the curtailment of American assistance as Ukraine battles Russia's invasion. Recent comments from Kevin McCarthy, who is in line for speaker if Republicans win the House, exacerbated those fears. He warned that Republicans wouldn't support writing a blank check for Ukraine if they captured the majority. But the hard-line rhetoric isn't the end of the story. While Republican control of the House is likely to make sending tranches of military and humanitarian aid to Ukraine more difficult, support for the country runs deep in both parties. Here is a look at the factors at play: ___ WHAT THE US HAS GIVEN SO FAR Since the Russian invasion began in February, Congress has approved

Disney set to reduce its workforce, freeze hiring amid revenue drop

According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC, the company is 'limiting headcount additions through a targeted hiring freeze'

Donald Trump files lawsuit to avoid January 6 committee subpoena

Former President Donald Trump is suing the House committee investigating the Jan. 6 attack on the U.S. Capitol to avoid cooperating with a subpoena requiring him to testify. The suit filed Friday evening contends that, while former presidents have voluntarily agreed to provide testimony or documents in response to congressional subpoenas in the past, no president or former president has ever been compelled to do so. Long-held precedent and practice maintain that separation of powers prohibits Congress from compelling a President to testify before it, Trump attorney David A. Warrington said in a statement announcing Trump's intentions. Warrington said Trump had engaged with the committee "in a good faith effort to resolve these concerns consistent with Executive Branch prerogatives and separation of powers, but said the panel insists on pursuing a political path, leaving President Trump with no choice but to involve the third branch, the judicial branch, in this dispute between the .

US President Biden, Egypt counterpart Sisi discuss regional, int'l issues

The two leaders discussed a number of regional and international issues including the Russia-Ukraine crisis as well as developments in Libya, Yemen and Syria

Nancy Pelosi faces uncertain future weeks after attack on husband

The morning after the mid-term election, House Speaker Nancy Pelosi slipped on a sterling silver whistle given to her by her husband, who was attacked last month by an intruder at their San Francisco home. The whistle was similar to those worn by coaches or drill sergeants, and she wore it at her office after a long night of watching election returns. Staff members were assembled for a pizza party lunch in the same conference room where she has led her party through some of the most tumultuous times at the US Capitol. She blew the whistle as she entered, and the staff cheered. With the races close and many votes still being counted, it was time for the waiting to begin. The final results will determine which party controls the House and Pelosi's own future. The Democratic leader, whose plans are uncertain, has arrived at a crossroads: The nation's first, and only, female speaker could be forced to relinquish the gavel if Republicans win majority control, a potential defeat coming

Visiting India at a pivotal moment for global economy: US Treasury Secy

"Emerging markets and developing countries are particularly under pressure. Tens of millions more people face extreme poverty and hunger since Russia's war in Ukraine began."

US: Over 272,000 people without power as tropical storm hits Florida

Nicole made landfall along the east coast of Florida just south of Vero Beach as a Category 1 hurricane on Thursday morning and later weakened to a tropical storm

Twitter Blue 'verification' rolled out in India, to cost Rs 719 per month

On November 1, Musk said that the subscription pack would be 'adjusted by country proportionate to purchasing power parity'

Rupee up 71 paise to 80.69 against dollar amid moderating US CPI data

The rupee appreciated 71 paise to 80.69 against the American currency in early trade on Friday, as moderating US CPI data coupled with the fall in the dollar index boosted investor sentiments. Forex traders said factors like positive domestic equities and weakness in crude oil prices also supported the local unit. At the interbank foreign exchange, the domestic unit opened at 80.76 against the dollar, then gained further ground to touch 80.69, registering a rise of 71 paise over its previous close. On Thursday, the rupee appreciated 7 paise to close at 81.40 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.02 per cent to 108.18 on cooling US CPI data. US headline CPI print came in at 7.7 per cent year-on-year (0.4 month-on-month). Core CPI print which excludes the volatile food and energy components also came in lower at 6.3 per cent year-on-year (0.3 per cent month-on-month), IFA Global Research .

India sends more vacuum gasoil to US as the West shuns Russian oil

India, the world's third-largest oil importer, has been ramping up Russian crude imports and increasing oil product exports to the West for higher margins.

After Kherson withdrawal order, US announces $400 mn assistance for Ukraine

The announcement by the US came just a day after Russia ordered withdrawal of troops from the crucial city of Kherson

A renewed momentum in India-US bilateral ties, says Ambassador Sandhu

There is a renewed momentum in the India-US relationship, New Delhi's top envoy to the United States told a think-tank here, observing that the strategic partnership between the two sides has deepened and the overall bilateral partnership broadened. He said the continuous high-level political engagements between India and the US signals bipartisan support on both sides for further deepening the partnership. One of our ministers, the other day, spoke about the sunrise moment in our bilateral relations. Sunrise is beautiful, it is promising and brings with it a lot of positive energy. We are in such a moment, in our bilateral partnership, India's Ambassador to US Taranjit Singh Sandhu said. However, if we are complacent, that moment is going to pass. It will not wait for us. We need to seize the moment, he said at the Carnegie Endowment for International Peace think-tank. In a conversation with Ashley Tellis for a discussion examining these global developments and the future of the .

US to buy 100k South Korean howitzer rounds to send to Ukraine: Official

The U.S. will buy 100,000 rounds of howitzer artillery from South Korean manufacturers to provide to Ukraine, a U.S. official said Thursday, in a deal the two governments have been working on for some time. The agreement comes as Ukrainian leaders press for more weapons and aid to take advantage of a counteroffensive that is pushing Russian forces out of some areas they had taken over earlier in the war. And it relieves concerns within the U.S. military particularly the Army and the Marine Corps who are worried that persistent transfers of the Pentagon's howitzer ammunition to Ukraine are eating into their stockpiles. Other defense officials confirmed the broad outlines of the contract and said it would help with stockpile pressures, specifically involving the howitzer ammunition, which Ukrainian forces have been using at a high rate. Last week a defense official briefing reporters said Ukraine was burning through as many as 7,000 rounds of ammunition a day, while Russia was firing

US to send Ukraine $400 million more in military aid as war advances

The U.S. will send USD 400 million more in military aid to Ukraine, U.S. officials announced Thursday, amid concerns that financial assistance for the war against Russia could decline a bit if Republicans take control of Congress. The aid comes as the vote counting from Tuesday's election continues, with Republicans inching closer to a narrow House majority and with control of the Senate hinging on tight races in Arizona, Nevada and Georgia. According to the Pentagon, the aid package will contain large amounts of ammunition and, for the first time, four highly mobile Avenger Air Defense Systems. Include is ammunition for the High Mobility Artillery Rocket Systems, known as HIMARS, which Ukraine has been successfully using in its counteroffensive against Russia. There also will be Stinger missiles for the HAWK surface-to-air anti-aircraft system, 10,000 mortar rounds, thousands of artillery rounds for Howitzers, 400 grenade launchers, 100 Humvees, cold weather gear and 20 million ...

TCS plans to expand footprint in Illinois, create 1,200 jobs by end of 2024

More than 3,000 Illinoisans currently work for TCS - including 1,100 who were hired within the last five years

Genuflecting to the free market

Famed economist Jacob Soll's book guides readers through 2,000 years of Western free-market thought, but at times, the account is perplexing

India-US CEO forum discuss ways to strengthen bilateral economic ties

This is the sixth time the forum has been convened since its reconstitution eight years ago by both nations

US intends to issue 100,000 visas every month to Indian applicants

According to a senior official of the US embassy, India is America's top priority for issuance of visas

Chip export curbs not aimed at hurting businesses, says US official

Thea Kendler, US assistant secretary of commerce for export administration, made the remarks, as Washington's new set of export restrictions

9.75 million developers in India use GitHub, 2nd largest after US

More than 2.5 million Indians joined the platform over the past year -- a 35 per cent year-over-year (YoY) increase