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US Supreme Court guts key provision of Voting Rights Act

April 29, 2026
Politics

WASHINGTON, April 29 (Reuters) – The U.S. Supreme Court on Wednesday gutted a key provision of the Voting Rights Act – making it harder for minorities to challenge electoral maps as racially discriminatory under the landmark civil rights law – in a victory for Louisiana Republicans and President Donald Trump’s administration. The justices, in a ​6-3 ruling powered by the court’s conservative members, blocked an electoral map that had given the Louisiana a second Black-majority congressional district. The court’s three liberal justices and some legal experts denounced the decision as hollowing out Section 2 of ‌the Voting Rights Act, which

U.S. war in Iran has cost $25 billion so far, says Pentagon official

April 29, 2026
Politics

WASHINGTON, April 29 (Reuters) – The United States’ war in Iran has cost $25 billion so far, a senior Pentagon official said on Wednesday, providing ​the first official estimate of the military’s price tag for the conflict. With ‌just six months before mid-term elections in which Trump’s Republicans may face an uphill battle to keep their House majority, Democrats are riding high in public opinion polls as they ​attempt to link the unpopular Iran war with affordability. Jules Hurst, who ​is performing the duties of the comptroller, told lawmakers on the ⁠House Armed Services Committee that most of that money

Trump urges Iran to sign a deal and discusses prolonged blockade

April 29, 2026
Politics

DUBAI/WASHINGTON, April 29 (Reuters) – Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran’s ​ports with U.S. oil companies, a White House official said on Wednesday, as the U.S. president urged Tehran to ‘get smart soon’ and sign a deal. The talks with oil executives ‌on Tuesday followed days of deadlock in efforts to resolve the conflict, which has led the U.S. to try to squeeze Iran’s oil exports with a naval blockade to try to force it to reopen the Strait of Hormuz to shipping. In a post on Truth Social on

Gold slides to Rs 1.52 lakh/10g; silver edges higher ahead of Fed rate decision

April 29, 2026
Finance

New Delhi, Apr 29 (PTI) Gold prices declined by Rs 1,500 to Rs 1.52 lakh per 10 grams in the national capital on Wednesday due to profit booking as rising crude oil rates raise concerns over inflation ahead of the US Federal Reserve’s decision. However, silver prices posted a modest gain of Rs 500 to Rs 2,44,500 per kilogram (inclusive of all taxes) from Tuesday’s closing level of Rs 2,44,000 per kg, as per the All India Sarafa Association. Gold of 99.9 per cent purity decreased by Rs 1,500, or 1 per cent, to Rs 1,52,800 per 10 grams (inclusive

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U.S. targets India with forced labour tariff amid talks on trade pact

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Indian rupee could fall to 98/USD by July amid energy crisis, BofA Securities exec says

MUMBAI, June 3 (Reuters) – The Indian rupee could weaken

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