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Harvard sues Trump administration for blocking enrollment of foreign students

May 23, 2025
Politics

May 23 (Reuters) – Harvard University sued the Trump administration on Friday over its decision to revoke the Ivy League school’s ability to enroll foreign students, ratcheting up White House efforts to conform practices in academia to President Donald Trump’s policies. In a complaint filed in Boston federal court, Harvard called the revocation a “blatant violation” of the U.S. Constitution and other federal laws, and had an “immediate and devastating effect” on the university and more than 7,000 visa holders. “With the stroke of a pen, the government has sought to erase a quarter of Harvard’s student body, international students

Don’t make in India, else pay 25% tariff: Trump warns Apple

May 23, 2025
Politics

WASHINGTON, May 23, 2025 (AI News) — US President Donald Trump issued a sharp warning to Apple, threatening a 25% tariff on iPhones not manufactured within the United States. In a post on Truth Social, Trump said he had “long ago informed Tim Cook of Apple” that devices sold in America must be made domestically, not in India or “anyplace else”. “If that is not the case, a tariff of at least 25% must be paid by Apple to the US,” Trump posted. The statement triggered an immediate market reaction. According to Bloomberg, Nasdaq 100 futures dropped, and Apple shares

Markets rebound nearly 1 pc; Sensex surges over 760 pts as FMCG, IT shares gain

May 23, 2025
Finance

Mumbai, May 23 (PTI) Benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Friday, propelled by buying in market heavyweights Reliance Industries, HDFC Bank and ITC. After a flat start to the trade, the 30-share BSE benchmark bounced back and surged 769.09 points or 0.95 per cent to settle at 81,721.08. During the day, it jumped 953.18 points or 1.17 per cent to 81,905.17. The NSE Nifty rallied 243.45 points or 0.99 per cent to 24,853.15. From the Sensex firms, Eternal, Power Grid, ITC, Bajaj Finserv, Nestle, Axis Bank, Kotak Mahindra Bank and Adani Ports were

Rupee snaps 3-day losing streak, gains 70 paise to settle at 85.25 /USD

May 23, 2025
Finance

Mumbai, May 23 (PTI) The rupee snapped its three-day losing streak and settled for the day higher by 70 paise at 85.25 (provisional) against the US dollar on Friday, on a sharp fall in the dollar index and surge in domestic equities, amid rise in risk appetite for riskier assets. Forex traders said, the rupee which had lost 53 paise in the last three trading sessions, settled with significant gains on Friday largely supported by the weakness of the American currency in the overseas market. However, a slight recovery in crude oil prices and foreign fund outflows capped the appreciation

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CNG prices hike again rising in Delhi NCR in the midst of Iran war

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New Delhi, May 16 (PTI) The Congress on Saturday stepped

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