US rejects ‘FDA for AI’ at G20

IANS | September 1, 2026 11:36 PM

Chapel Hill (US), Sep 1 (IANS) The United States has warned G20 economies against establishing a pre-approval system for Artificial Intelligence (AI), saying an “FDA for AI” would delay new products and undermine innovation.

US must de-risk China trade: Scott Bessent

IANS | September 1, 2026 11:32 PM

Asheville, Sep 1 (IANS) The United States does not want to separate its economy from China but must reduce dependence on foreign-controlled supply chains for semiconductors, critical minerals and medicines, Treasury Secretary Scott Bessent said on Tuesday.

Bessent pushes faster sovereign debt relief

IANS | September 1, 2026 11:27 PM

Asheville, Sep 1 (IANS) US Treasury Secretary Scott Bessent has called for faster, more transparent and predictable sovereign debt restructuring as developing economies confront mounting debt burdens, weaker financing flows and growing liquidity pressures.

Five more Indians rescued in Nepal, search operations continue

IANS | September 1, 2026 11:19 PM

New Delhi, Sep 1 (IANS) The Ministry of External Affairs (MEA) on Tuesday said that five more Indian nationals were rescued from Nepal since Monday, taking the total number of rescued to 163 after devastating floods hit the Himalayan nation.

Musk warns G20 of looming AI power crunch

IANS | September 1, 2026 11:07 PM

Chapel Hill (US), Sep 1 (IANS) Elon Musk has warned G20 economies of a looming electricity shortage driven by Artificial Intelligence (AI), saying the world could face a power deficit as early as next year as the production of AI chips races ahead of energy capacity.

India and US to deepen critical minerals ties

IANS | September 1, 2026 9:50 PM

Asheville, Sep 1 (IANS) India and the United States have agreed to deepen cooperation on critical minerals as part of their long-standing economic relationship, following talks between Finance Minister Nirmala Sitharaman and US Treasury Secretary Scott Bessent.