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 newsIt is the biggest banking ...

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 ...

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 ...

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 ...

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) ...

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 ...