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India rice output faces biggest drop in two decades, stocks cushion exports

September 17, 2026
Finance

MUMBAI, Sept 17 (Reuters) – India’s rice ​production is set to fall this year for the first time in a decade, ‌and by the most in nearly 20 years, as below-normal rainfall during the crop’s maturation period threatens to cut yields, industry officials told Reuters. The drop in the world’s biggest rice-producing and exporting country will lift local prices and make exports ​expensive at a time when prices are already rising in other exporting countries such as ​Thailand and Vietnam. However, massive inventories built up from record harvests in recent years will ⁠allow New Delhi to maintain exports at record

A global AI safety strategy depends on US-China cooperation. They each see the other as the problem

September 17, 2026
AI

HONG KONG, September 17, 2026 (AP) — As concern rises over the risks of artificial intelligence, hopes for any kind of global approach depend on cooperation between the U.S. and China — superpowers that seem only to be more skeptical of each other’s AI strategy. AI governance is expected to be on the agenda in a meeting planned for next week in Washington between President Donald Trump and Chinese leader Xi Jinping. The topic has gained urgency in both countries, with American tech leaders saying that averting worst-case scenarios for rogue AI depends on a degree of cooperation with China.

‘Appeasement never pays’: Congress jabs govt as US passes Russia sanctions bill

September 17, 2026
Politics

New Delhi, Sep 17 (PTI) The Congress on Thursday took a swipe at the Modi government after the US House of Representatives passed a bill that would authorise President Donald Trump to impose steep tariffs on Russia’s trading partners in oil and gas, saying appeasement has never paid and will never pay. The Lindsey O Graham Sanctioning Russia and Iran Act of 2026, passed by the US Senate last month, was approved by the House in a 262-159 vote on Wednesday and will now go to Trump to be signed into law. The bill seeks to impose sanctions not only

U.S. House passes Russia sanctions bill puts India at risk of tariffs of up to 100 pc: GTRI

September 17, 2026
Finance
U.S. House passes Russia sanctions bill puts India at risk of tariffs of up to 100 pc: GTRI

New Delhi, Sep 17 (PTI) A bill passed by the US House of Representatives authorising President Donald Trump to impose sanctions on Russia and steep tariffs on countries buying Russian oil and gas, including India, could expose New Delhi to tariffs of up to 100 per cent, think tank GTRI said on Thursday. However, the actual impact of new tariffs on Indian exports can be assessed only after the US announces the tariff rates, product coverage and implementation timetable, it said. The Lindsey O Graham Sanctioning Russia and Iran Act of 2026, passed by the US Senate last month, was

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