United States of America

US shuts down Silicon Valley banks in biggest collapse since 2008

US shuts down Silicon Valley banks in biggest collapse since 2008 : California-based Silicon Valley Bank (SVB), the 16th largest bank in the United States, was closed on 9 March by the California Department of Financial Protection and Innovation. An overview of the news It is the biggest banking failure since the 2008 financial crisis. It is considered the biggest financial crisis

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India and US launch the Climate Action and Finance Mobilization Dialogue

India and the United States of America (USA) have launched the “Climate Action and Finance Mobilization Dialogue (CAFMD)”. The CAFMD is one of the two tracks of the India-U.S. Climate and Clean Energy Agenda 2030 partnership launched at the Leaders’ Summit on Climate in April 2021, by Prime Minister Shri Narendra Modi and US President Mr. Joseph Biden. About the

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US president Donald Trump to visit India

US President Donald Trump will embark on a two-day visit to India from February 24 during which he will travel to New Delhi and Ahmedabad to further strengthen the strategic bilateral partnership and highlight the strong and enduring bonds between the American and Indian people. Daily Current Affairs Quiz 2020 India trip will be Trump’s

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US approved sale of air defence system to india

The U.S. Department of State has approved the potential sale of a $1.867 billion Integrated Air Defence Weapon System (IADWS) to India. The potential sale, which is being processed via the Foreign Military Sales (FMS) route, is now before the U.S. Congress for consideration, with a 30-day window for Congress raises any objections to the

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US House passes North American trade deal

The US House of Representatives approved a new North American trade deal that includes tougher labour and automotive content rules but leaves $1.2 trillion in annual US-Mexico-Canada trade flows largely unchanged. The House passed legislation to implement the US-Mexico Canada Agreement (USMCA) 385-41, with 38 Democrats, two Republicans and one independent member voting no. Daily

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India and USA to launch new initiative for clean energy

India and USA will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. US has been pushing for a broader role by India in the Indo-Pacific region in the backdrop of

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