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Harvard threatened by Trump with $9 billion of funds at risk
Business Standard
|April 02, 2025
President Donald Trump's administration expanded its campaign against elite universities, threatening to scrutinise billions of dollars of federal funding for Harvard University, weeks after freezing money meant for Columbia University.
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The review, part of efforts to combat antisemitism on college campuses, includes $8.7 billion in grants and $255.6 million in contracts, according to a statement from agencies including the Department of Education and the Department of Health and Human Services.
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FLERE HISTORIER FRA Business Standard
Business Standard
States spent less than half of budgeted capex in Apr-Dec
After the first three quarters of 2025-26 (April-December), states have managed to spend just 45.8 per cent, or %3.8 trillion, of their combined annual budgeted capital expenditure (capex) of £8.35 trillion, according to an analysis of monthly accounts for 20 states released by the Comptroller and Auditor General (CAG) of India.
1 mins
January 31, 2026
Business Standard
Tax-return leak: Trump sues IRS, treasury for $10 billion
US President Donald Trump sued the US Treasury and Internal Revenue Service (IRS) for at least $10 billion over an unauthorised disclosure of his tax returns to the press during his first term in office, potentially putting American taxpayers on the hook for a massive payout.
1 min
January 31, 2026
Business Standard
‘If we respect each other’s sensitivities, trade discussions become smarter, faster, easier’
There is a huge potential for EU companies using India as a base to service their own market, Commerce and Industry Minister Piyush Goyal told Shreya Nandi in an interview in New Delhi. Amid geopolitical uncertainty, he said, Indian exporters had done a fabulous job and diversified into new markets. Edited excerpts:
7 mins
January 31, 2026
Business Standard
FinMin asks Nabard to study impact of RRB amalgamation
Viability plan aims to bolster RRBs long-term sustainability
2 mins
January 31, 2026
Business Standard
iPhone 16 tops the charts in major reset of India smartphone market
Indian consumers’ smartphone buying patterns are no longer anchored in the budget segment.
2 mins
January 31, 2026
Business Standard
Apple to ‘soon’ open second Mumbai store
Apple will open its second store in Mumbai and its sixth in India in the coming months, as the American technology giant aims to expand its footprint in the country.
1 min
January 31, 2026
Business Standard
₹ closes at new low of 91.99 against $
The rupee settled at a fresh closing low of 91.99 against the dollar on Friday, weighed down by continuous outflows from domestic equities and a strengthening US dollar, dealers said.
1 min
January 31, 2026
Business Standard
New CPI series may push inflation prints higher
The recalibrated weights for the Consumer Price Index (CPI) components under the new series to be released on February 12, are expected to push up India's headline inflation readings modestly, with the share of core items rising around 10 percentage points and volatile food prices getting a lower say, according to economists' estimates.
3 mins
January 31, 2026
Business Standard
When to stop fighting
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military
5 mins
January 31, 2026
Business Standard
State tops infra charts with projects worth over ₹10 trn
Targeting a $1 trillion economy by 2030, Uttar Pradesh has scaled up its infrastructure push, building a project pipeline exceeding ₹10 trillion, the largest in the country.
1 mins
January 31, 2026
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