Trump bets on AI to transform US military

IANS | July 16, 2026 10:20 AM

Washington, July 16 (IANS) US President Donald Trump has said the United States is reshaping its military around artificial intelligence, robotics and other emerging technologies, as his administration seeks to accelerate innovation and prepare the armed forces for the next generation of warfare.

Trump administration seeks record $1.5tn defence budget

IANS | July 16, 2026 8:42 AM

Washington, July 16 (IANS) US President Donald Trump has said that his administration would seek a $1.5 trillion defence budget, describing it as a necessary investment to modernise the military, accelerate weapons production and strengthen America's industrial base amid growing global security challenges.

US Fed taps former RBI Governor Raghuram Rajan for key reform panel

IANS | July 16, 2026 7:56 AM

Washington, July 16 (IANS) Federal Reserve Chairman Kevin Warsh has enlisted former Reserve Bank of India Governor Raghuram Rajan to help review the US central bank's balance sheet, as part of a sweeping reform programme aimed at reshaping monetary policymaking after years of elevated inflation.