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Politics

US Controls Iraq's Oil Revenues Through New York Fed Account

US forces are withdrawing from their last bases in Iraq after over two decades, but the US continues to control Iraq's oil revenues through the Federal Reserve Bank of New York. Since the 2003 invasion, the Development Fund for Iraq was established to manage oil income for reconstruction and protect revenues from legal claims. This control gives the US significant influence over Iraq and regional dynamics involving Iran.

NDTV World·4h ago

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Entertainment

Farah Khan tells photographers not to click her from inappropriate angles

Following Salman Khan's recent criticism of photographers for inappropriate shots on Bigg Boss 20, Farah Khan also asked paparazzi not to click her from behind during a Mumbai outing. She reminded them of Salman's warning to avoid such angles. Salman later reconciled with photographers at a recording studio, posing for photos despite his earlier outburst.

HT Entertainment·31m ago·Mumbai

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Technology

Trump Signals Start of New US-China AI Rivalry

The US-China competition in artificial intelligence is intensifying into a Cold War-style strategic contest. AI is now closely tied to economic strength, military power, national security, and technological leadership, marking a significant escalation in the rivalry between the two nations, as highlighted by Trump's recent statements.

Economic Times·55m ago

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Technology

Nobel Laureate Highlights AI's Role in India's Financial Future

At the Surfin AI Fintech Summit's seventh global edition, Nobel Laureate Michael Spence and Dr. Amar Patnaik emphasized the importance of principles before laws in AI governance. The summit showcased advancements in intelligent finance and AI-driven customer solutions, focusing on improving financial accessibility and personalized services for diverse clients in India.

ET Tech·41m ago

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Business

Cabinet Approves MSP Hike for Rabi Crops in 2027-28 Season

The Cabinet Committee on Economic Affairs approved an increase in Minimum Support Prices (MSP) for all mandated Rabi crops for the 2027-28 marketing season. Safflower saw the highest rise of ₹675 per quintal (10.3%) to ₹7,215. Rapeseed and mustard MSP increased by 6.7% to ₹6,613, barley by 6.3% to ₹2,286, masur dal by 5.6% to ₹7,390, gram by 1.4% to ₹5,958, and wheat by 1% to ₹2,610 per quintal. The hike aligns with the Union Budget 2018-19 policy to set MSP at least 1.5 times the weighted average cost of production.

Hindu Business·38m ago

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Politics

October 2026 Visa Bulletin Disappoints with EB-2 India Stuck in 2013

The State Department released the October 2026 visa bulletin just two days before the end of Fiscal Year 2026, causing confusion among immigration experts. This first visa bulletin for FY 2027 was called "most disappointing" by immigration attorneys, as the EB-2 category for India remains stuck at 2013 with no significant progress overall.

TOI World·36m ago

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