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US funding cuts will impair research

October 10, 2025

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The Statesman Kolkata

Massive financial aid cuts threatened by the Trump Administration to many Ivy League American universities and renowned research institutions will paralyze significant path-breaking scientific research projects and its unique global scientific leadership.

- MR DUA

One of the latest reports states that U.S. universities will be confronted with acute financial strains emanating from President Trump's proposal to severely diminish funding for research budgets during the rest of his nearly 40-month second presidential term.

To begin with, the Trump White House has already chopped off Harvard University's research funding of $470 million. And the university's $2.2 billion grant is also on the line. In addition, cutting costs from 'hiring freezes, research pauses, broad budget cuts, and layoffs are hitting many top-ranking universities.' Though nearly five dozen U.S. universities are on the line, those affected the most include Harvard, Columbia, Princeton and Michigan state.

It is widely believed that all-round budget cuts will severely imperil universities' traditional funding on several fronts in Trump's campaign to remake higher education. But one thing is for certain - the US's quality, history-making and distinct research standards will largely degrade.

المزيد من القصص من The Statesman Kolkata

The Statesman Kolkata

Lalu Prasad Yadav accuses Nitish Kumar of ‘vendetta politics’ over security downgrade, residence row

RJD chief Lalu Prasad Yadav on Wednesday mounted a blistering attack on Nitish Kumar, alleging that the JD-U leader was behind the Bihar government’ recent decision to scale down the security cover provided to him and his wife Rabri Devi, as well as the move to vacate their official residence.

time to read

1 min

June 18, 2026

The Statesman

A bet on tomorrow

There was a time when financial markets valued companies on the basis of what they produced, what they earned and what they could reasonably be expected to achieve.

time to read

2 mins

June 18, 2026

The Statesman

PM Modi, Trump hold bilateral, push trade pact and strategic cooperation

Prime Minister Narendra Modi and United States President Donald Trump held a bilateral meeting on the sidelines of the 52nd G7 Summit in Evian-les-Bains, France, on Wednesday, marking their first face-to-face interaction in 16 months.

time to read

1 min

June 18, 2026

The Statesman Kolkata

G7 leaders back Trump’s plan to end Iran war that faces skepticism at home

Leaders at the Group of Seven summit on Wednesday threw their support behind US President Donald Trump's tentative agreement with Iran to open the Strait of Hormuz and further extend a shaky ceasefire ~ even though he’s offered scant specificity about how that would be implemented.

time to read

1 min

June 18, 2026

The Statesman

'Dynasty abolished': TN minister slams Udhayanidhi as 'son-atan'

Stung by the Leader of the Opposition, Udhayanidhi Stalin's persistent debunking of the Joseph Vijay administration as a 'sofa model' government which would not last long, Tamil Nadu Health Minister and Tamilaga Vettri Kazhagam (TVK) leader KG Arun Raj on Wednesday slammed the DMK scion as a lotus eater, oblivious of the dynastic throne he was hoping for getting abolished by the electoral verdict.

time to read

1 mins

June 18, 2026

The Statesman Kolkata

A deeply sourced historical narrative

Amazing as it may sound, a huge swath of Asia, including modern India, Pakistan, Bangladesh, Nepal, Bhutan, Yemen, Oman, the UAE, Qatar, Bahrain, and Kuwait, was once woven together under a single imperial flag, an entity officially known as the \"Indian Empire,\" or more simply as the Raj.

time to read

6 mins

June 18, 2026

The Statesman Kolkata

Speaker Birla invites Abhishek to present Trinamul's case amid split recognition row

Lok Sabha Speaker Om Birla invited Trinamul Congress leader Abhishek Banerjee to appear before him on 19 June to present the official party's position on the ongoing dispute over a claimed split in the Mamata Banerjee-led party, according to a communication from the Lok Sabha Secretariat, sources said Wednesday.

time to read

1 mins

June 18, 2026

The Statesman Kolkata

Govt completes 5 per cent OFS in GIC Re, including 3 per cent green-shoe option: DIPAM Sect

The Government of India has completed the divestment of its 5 per cent stake in General Insurance Corporation of India (GIC Re) after the offer for sale (OFS) closed with full subscription of both the base offer and the green-shoe option, according to the Department of Investment and Public Asset Management (DIPAM).

time to read

1 min

June 18, 2026

The Statesman

US-Iran draft MoU proposes end to hostilities, phased peace deal

As US negotiators are working to quickly release the text of the agreement between Washington and Tehran, even as they downplay the significance of the specific language in the document, the US-Iran memorandum of understanding as reported by Al Arabiya English, outlines a sweeping framework aimed at ending hostilities and resetting relations between Washington and Tehran.

time to read

3 mins

June 18, 2026

The Statesman Kolkata

Maritime security, defence and SMR co-production key Indian concerns at G7

India's key concerns at the ongoing G7 meeting being held in the picturesque French town of Evian-les-Bains, are ensuring future safety of sea routes given its high dependence on imported crude and fertiliser, tying up European interests in co-production of advanced military hardware and small modular nuclear reactors and pushing Western powers on systemic reforms in the UN and in the global financial systems to reflect changing realities.

time to read

2 mins

June 18, 2026

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