October 30, 2026 12:12 PM

India Lifts 496 Million Out of Poverty, Europe’s Affordability Crisis Deepens, and US Midterms Hinge on the Economy

Inside This Week's Economic Brief This week's Economic Brief covers the World Bank's report on India's poverty reduction, Maharashtra and Kerala's investment-led growth, Europe's affordability-driven unrest, and economic anxiety shaping the US midterm elections. This week's edition of The Economic Brief on DD India examined three major stories: a World Bank report on India's sweeping poverty reduction, state-level growth momentum in Maharashtra and Kerala, and the economic pressures driving un...

October 27, 2026 11:09 AM

Microsoft Offers Voluntary Buyouts to 60,000 Employees Across India, US, UK and Canada

Microsoft has offered voluntary buyouts to approximately 60,000 employees across India, the United States, the United Kingdom and Canada as part of efforts to realign its global workforce with changing business priorities. In an internal memo issued on Monday, Amy Coleman, Microsoft's Executive Vice President and Chief People Officer, announced the introduction of a Voluntary Exit Offer (VEO) for eligible employees in participating business units. The programme is aimed at employees at level 7...

October 23, 2026 1:05 PM

Shelved plans to rename Atlantic after ‘no’ from Sundar Pichai: Trump

US President Donald Trump said he had considered renaming the Atlantic Ocean but dropped the idea after Google CEO Sundar Pichai, according to Trump, warned that the move could upset many countries. Addressing a rally in South Carolina on Wednesday, Trump appeared to suggest that his move to rename Lake Ontario as Lake America had encouraged him to consider renaming the Pacific or Atlantic Ocean. “Recently, I changed the name of a lake … you know the lake. But I did it very lightly. And th...

October 21, 2026 9:56 AM

EAM Jaishankar calls for deeper India-US ties, zero tolerance towards terrorism

External Affairs Minister S. Jaishankar on Tuesday reaffirmed India’s commitment to advancing its strategic partnership with the United States, highlighting opportunities in trade, investment, technology and energy while urging partners to demonstrate zero tolerance towards terrorism. Speaking at a reception in Mumbai celebrating 250 years of American Independence, attended by US Secretary of State Marco Rubio, EAM Jaishankar said expanding areas of convergence would be essential as countries...

October 20, 2026 10:20 AM

‘Very close’ to finalising trade deal with India: Marco Rubio

The US is "very close" to finalising a trade deal with India, Secretary of State Marco Rubio said on Monday, suggesting that the waiver from tariffs for buying Russian oil was linked to the decision. "We're trying to finalise the trade deal with India right now. We're very close to doing that. So that's one of the things we take into consideration when the President makes a decision about national security waivers and things of that nature,” Rubio told reporters in Samarkand, Uzbekistan. Rub...

October 18, 2026 11:09 AM

Hurricane Trudy strengthens to Category 2 as it approaches Mexico coast

Trudy strengthened to a Category 2 hurricane as it moved toward Mexico's southwestern and west-central Pacific coast, the US National Hurricane Center said. A hurricane warning was in effect from Manzanillo in Colima state to Cabo Corrientes in Jalisco. The latest NHC data showed the Category 2 hurricane with maximum sustained winds of 155 kmph and said it was about 330 kilometres south-southeast of Cabo Corrientes in Jalisco state and 180 kilometres south-southwest of Manzanillo, moving northw...

October 18, 2026 11:07 AM

‘Many don’t know what my decision is’: Trump on sanctions waiver to Russia

Facing intense criticism, US President Donald Trump said he had taken a “good decision” to exempt Russia from sweeping sanctions under a new law and asserted that many did not know what it actually meant. “A lot of you don't know what my decision is yet, but we'll figure it out, and you'll figure it out,” Trump told reporters at the Mar-a-Lago resort in Miami on Saturday evening. “It's a very good decision, and it's going to be a decision that's good for the country, and I think good...

October 18, 2026 10:51 AM

Marco Rubio leaves for India, says ‘India an important ally of US’

US Secretary of State Marco Rubio has left the US for his visit to Uzbekistan and India. Rubio left from the Joint Base Andrews late on Saturday (local time) and will reach India on October 20. "Just departed for Uzbekistan and India to continue securing the Trump Administration's economic opportunities for our nation," Rubio said. Meanwhile, a day after US President Donald Trump waived several sanctions related to Russian fuel sales that were to take effect under the Lindsey O. Graham Sanctio...

October 14, 2026 9:58 AM

Trump says Houthis trying to drive up oil prices ahead of US midterm elections

President Donald Trump on Tuesday accused Yemen's Houthi militants of deliberately trying to drive up oil prices ahead of the US midterm elections and warned that he would "never forget" their attacks on Saudi Arabia, amid a widening regional conflict fueled by the US war with Iran. "The Houthis are behaving very badly," Trump wrote in a Truth Social post, accusing the group of resuming attacks at Iran's behest after a period of relative quiet following US strikes in Yemen last year. Trump als...

October 14, 2026 9:56 AM

Trump says US still sharing intel, even as Ukraine reports attacks with no warnings

US President Donald Trump said on Tuesday that Washington was still sharing intelligence with Ukraine, even as Kyiv reported new Russian missile attacks that came without usual warnings and accused Russia of violating an energy truce the US president announced at the weekend. Ukrainian President Volodymyr Zelenskiy said Russian forces attacked Kyiv on Tuesday with ballistic missiles, targeting a thermal power plant, and Kyiv Mayor Vitali Klitschko said a strike on a high-rise apartment building...