MoS Pabitra Margherita arrives in Costa Rica to attend Presidential swearing-in

IANS | May 8, 2026 8:54 AM

San Jose, May 8 (IANS) Minister of State (MoS) for External Affairs and Textiles, Pabitra Margherita, arrived in San Jose, Costa Rica, to attend the swearing-in ceremony of President-elect Laura Virginia Fernandez Delgado on Friday, marking the start of a multi-nation diplomatic tour across Central America and the Caribbean aimed at strengthening India’s bilateral and development partnerships.

AIADMK hopes rise amid TN deadlock, Palaniswami tells MLAs 'good things will happen'

IANS | May 8, 2026 8:31 AM

Chennai, May 8 (IANS) Amid continuing uncertainty over government formation in Tamil Nadu, AIADMK General Secretary Edappadi K. Palaniswami (EPS) has reportedly told party MLAs that the AIADMK would eventually form the next government in the state, raising speculation of fresh political realignments in the post-election scenario.

Dollar dominance faces China test

IANS | May 8, 2026 7:37 AM

Washington, May 8 (IANS) A bipartisan group of US senators has reintroduced a resolution backing the US dollar’s status as the world’s reserve currency, warning that China is accelerating efforts to build an alternative global financial system centred around the yuan.

US Senate resolution names China top threat

IANS | May 8, 2026 7:19 AM

Washington, May 8 (IANS) A bipartisan group of US senators has introduced a resolution describing China as the “foremost rival and strategic competitor” of the United States and calling for deeper engagement with India and stronger Indo-Pacific alliances to counter Beijing.

US Congress moves to ban prediction bets

IANS | May 8, 2026 6:48 AM

Washington, May 8 (IANS) Lawmakers in the US House of Representatives have move a legislation to ban members of Congress and their staff from trading on prediction markets. It comes days after the Senate unanimously adopted similar restrictions amid growing scrutiny over potential insider trading and ethics concerns.

US court strikes down Trump's tariff move

IANS | May 8, 2026 6:36 AM

Washington, May 8 (IANS) A US federal trade court struck down President Donald Trump’s latest global tariff move, ruling that the administration exceeded its authority under a 1974 trade law while trying to impose a 10 per cent import surcharge on goods entering the United States.