US holdings in India rise to $390 billion

IANS | September 1, 2026 9:02 AM

Washington, Sep 1 (IANS) The value of US portfolio holdings in Indian securities rose to $390 billion at the end of 2025, keeping India among the leading overseas destinations for American capital, according to preliminary data released by the US Department of the Treasury.

US builds emergency medicine stockpile

IANS | September 1, 2026 9:00 AM

Washington, Sep 1 (IANS) The United States is adding 290 metric tonnes of critical pharmaceutical ingredients to a strategic reserve as the Trump administration seeks to protect medicine supplies during wars and other emergencies.

US House passes Congressman Krishnamoorthi China trade bill

IANS | September 1, 2026 8:53 AM

Washington, Sep 1 (IANS) The US House of Representatives has unanimously passed bipartisan legislation co-led by Indian-American Congressman Raja Krishnamoorthi to strengthen federal investigations and prosecutions of trade crimes, including tariff evasion and violations involving forced labour.

Drugmakers pledge billions for US plants

IANS | September 1, 2026 8:24 AM

Washington, Sep 1 (IANS) Nine pharmaceutical companies have committed $19.6 billion for manufacturing and other operations in the United States as President Donald Trump presses the industry to move medicine production back into the country.

Trump says Iran has no clear leader

IANS | September 1, 2026 8:18 AM

Washington, Sep 1 (IANS) US President Donald Trump has said Iran does not appear to have a clear leader after renewed American military action, claiming that the country’s armed forces have been reduced to a fraction of their previous strength.

US puts tariffs, Iran risks at G20 centre

IANS | September 1, 2026 8:00 AM

Asheville, Sep 1 (IANS) The Trump administration has used a meeting of G20 finance ministers in Asheville to press for stronger economic growth, fairer trade and regulatory reform, while warning that Iran’s closure of the Strait of Hormuz poses a risk to the global economy and energy security.