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Trump's Aid Cut-Back Is a Wake-Up Call for India

Mint Hyderabad

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February 28, 2025

Ignore political slugfests over USAID. America's self-harming aid cut-off isn't a major worry either, but China filling a vacuum to gain clout would be. Let's step up our global outreach

Donald Trump seems to be in a tearing hurry to make America great again. No one should quibble with such a mission: the world needs a prosperous and stable US. But this should not come at the cost of the world's poorest. Yet, that's precisely what appears to be happening—as a fallout of the US President's decision to immediately halt all programmes of the world's biggest aid agency, USAID, pending a 90-day audit.

The overnight cessation of US development aid, whose biggest beneficiaries are some of the poorest people in Africa, South America and South Asia, puts lives at risk and threatens the funding of initiatives that deliver health, food and drugs to the needy. Clinics providing life-saving HIV drugs in Africa have had to shut overnight. And, as we know from the 1980s, such infectious diseases can strike anywhere, even if the availability of cheap drugs—courtesy of generic drug-making countries such as India—makes the disease manageable.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

RBI governor stays guarded on crypto

India will maintain a guarded stance on cryptocurrencies and stablecoins even as it accelerates support for homegrown digital payment systems such as UPI, NEFT and the digital rupee, Reserve Bank of India governor Sanjay Malhotra said on Thursday.

time to read

1 min

November 21, 2025

Mint Hyderabad

US needs skilled migrants to teach tech, says Trump

US will ‘welcome’ skilled immigrants who will ‘teach’ American workers about complex tech

time to read

1 mins

November 21, 2025

Mint Hyderabad

Bajaj's arm hires CIO from Kotak

The alternative investment management arm of the Bajaj Group, one of India’s oldest conglomerates, hired a chief investment officer (CIO) from Kotak Alternate Asset Managers Ltd, according to people familiar with the matter, underscoring an intensifying talent battle in the $169 billion asset management industry.

time to read

1 min

November 21, 2025

Mint Hyderabad

Inside the hot new Dubai restaurant run by an AI chef

The mastermind behind Woohoo's food and drinks menu is a $1 million-plus large language model that also does podcasts

time to read

3 mins

November 21, 2025

Mint Hyderabad

Curbs on risky drugs’ online ads

sultative Committee chaired by DCGlon 17 November.

time to read

1 mins

November 21, 2025

Mint Hyderabad

Standardize expenditure heads by FY28: CAG tells states

CAG's move is aimed at overhauling India's public finance system.

time to read

1 min

November 21, 2025

Mint Hyderabad

Rupee falls 23 paise at 88.71 against USD

The rupee depreciated 23 paise to close at 88.71 (provisional) against the US dollar on Thursday, on broad strength of the American currency and fading odds of a rate cut by the US Federal Reserve.

time to read

1 min

November 21, 2025

Mint Hyderabad

How a delay in possession of homes affects loans, taxes

Delays are likely to reduce tax savings and wipe out the leverage advantage of home loans

time to read

4 mins

November 21, 2025

Mint Hyderabad

Govt moves to curb online ads, self-medication of risky drugs

The government is planning a sweeping overhaul of drug-advertising rules to curb self-medication, unsafe sales and rising antimicrobial resistance, according to two officials and a document reviewed by Mint.

time to read

1 mins

November 21, 2025

Mint Hyderabad

Bluechips lift Street to a 13-month high

Eyes on Q3 earnings as Nifty crosses 26,200, FPIs turn positive

time to read

1 mins

November 21, 2025

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