
500% tariff on India? Trump's bill targets Russian oil buyers to pressure Putin
Trump confirmed he is actively weighing the bill during a Cabinet meeting. 'It's totally my option. They pass it, and I terminate it—totally at my option. And I'm looking at it very strongly,' he said.Trump has recently expressed increasing frustration with Putin for prolonging the Ukraine conflict. According to the Associated Press, he also instructed the Department of Defence to ramp up defensive weapons deliveries to Ukraine, signalling a harder stance.Senator Graham, a close Trump ally, called the legislation a "breakthrough" and said Trump had encouraged lawmakers to move forward with it. In a recent interview, Graham said, 'If you are buying energy from Russia and not helping Ukraine, your goods will face a 500% tariff coming into the United States.'In a broader move on trade, Trump also announced new tariffs targeting a wide range of countries. A 35 per cent tariff on Canadian imports will take effect August 1, with the possibility of further increases if Canada retaliates. Additional tariffs were announced on seven other countries, including the Philippines, Moldova, Libya, and Sri Lanka, though none are considered major US trade partners.If enacted, the sanctions would mark one of the most aggressive US efforts yet to choke off revenue from Russia's energy exports, and could reshape global trade and diplomatic relations.- EndsTune InMust Watch
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Mint
29 minutes ago
- Mint
‘Jensen Huang was right': Indian-origin xAI executive Uday Ruddarraju resigns, joins OpenAI
Uday Ruddarraju, the Indian-origin Head of Infrastructure at Elon Musk's artificial intelligence startup xAI has resigned, marking the end of his one-year stint at the Grok creator. In a post on X earlier this week, Ruddarraju announced his resignation and reflected on his time at xAI, saying he did not expect what the company has achieved in such a short time. 'After an unforgettable ride, I've decided to move on from @xai and yesterday was my last day. When I first joined, I thought everyone was absolutely nuts for thinking we could deploy 100K GPUs in 4 months, especially without a fully functioning site. Watching us go and double that, and most importantly successfully train Grok 3 made me incredibly proud... and very happy to be wrong,' he said. Thanking Elon Musk, he said reporting to the billionaire and getting direct teachings from him was the best part of his stint at xAI. 'Thank you @elonmusk and everyone at xAI for the rare opportunity to help build something truly foundational with Colossus. It was a privilege to be part of a mission this bold, and to see from the inside what relentless focus and execution really look like. Reporting into Elon and learning directly from him was definitely the best part about working at xAI,' Ruddarraju said. 'Special thanks to everyone on the infrastructure team who met impossible expectations and the entire research team for your partnership throughout. You're the best! I am sure building Colossus and training Grok 3 are definitely highlights of my career I will remember forever,' he added. Ruddarraju agreed with Nvidia CEO Jensen Huang's comment on Elon Musk's efficiency. 'Jensen Huang was right, Elon and his teams are singular in what they can achieve. Grateful to have played a small part in shaping the future of AI Compute from the inside.' Following his departure, Ruddarraju joined OpenAI, an AI research and deployment company. His joining OpenAI was announced by the President and Co-Founder, Greg Brockman, who, in a post on X, stated, 'welcome david lau, mike dalton, uday ruddarraju, and angela fan!' Ruddarraju also confirmed his joining OpenAI after he reposted Brockman's post, quoting, "Excited to join you, Greg Brockman!"
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First Post
37 minutes ago
- First Post
Israeli official admits Iran can recover enriched uranium buried under Isfahan
Israeli official warned that if Iran is able to recover uranium buried underground, it would be noticed and Israel will strike again read more This handout satellite picture provided by Maxar Technologies and taken on June 22, 2025, shows damage after US strikes on the Isfahan nuclear enrichment facility in central Iran.- AFP Photo Last month, the United States launched airstrikes on three nuclear sites in Iran, with President Donald Trump boldly claiming the American military had wiped them out completely, calling it 'total obliteration.' That said, some US intelligence agencies weren't so sure about the extent of the damage. Now, a senior Israeli official has revealed that Iran might still be able to recover uranium buried underground. During a Wednesday briefing with reporters, the Israeli official—who preferred to stay anonymous—explained that digging up the uranium at Isfahan would be a tough task. If Iran tried, he warned, it would be noticed, and Israel would strike again. He also noted that most of the enriched uranium is stashed at that site. STORY CONTINUES BELOW THIS AD Iran's claims Israel's assessment suggests Iran's nuclear programme has been delayed by about two years, though Iran insists its uranium enrichment is purely for peaceful purposes and denies any intent to build nuclear weapons. Just before the US strikes, Iran's Foreign Minister Abbas Araghchi had argued that every nation has the right to enrich uranium peacefully. 'This is an achievement of our own scientists. It's a question of national pride and dignity,' he said. Parts of Iranian nuclear sites 'still intact' The Trump administration is sticking to its guns, insisting the nuclear facilities were totally demolished. White House spokeswoman Anna Kelly said in a statement, 'As President Trump has said many times, Operation Midnight Hammer totally obliterated Iran's nuclear facilities. The entire world is safer thanks to his decisive leadership.' However, US intelligence reports had hinted that while the sites took a hit, they weren't fully destroyed. Rafael Grossi, head of the International Atomic Energy Agency (IAEA), was quoted as saying by CBS News that the facilities were 'destroyed to an important degree,' but parts are still intact. 'Frankly speaking,' he added, 'one cannot claim that everything has disappeared, and there is nothing there." In a chat with Tucker Carlson, Iranian President Mahmoud Pezeshkian admitted the nuclear sites were 'severely damaged' and said, 'We don't have access to them right now.' He also mentioned that a thorough evaluation isn't possible yet.


Time of India
39 minutes ago
- Time of India
9 Indian origin business tycoons in the US: Where did they study?
T he American startup ecosystem has long been a magnet for ambitious minds from around the world—but few communities have left as deep an imprint as Indian-origin entrepreneurs. These founders haven't just risen through the ranks of established corporations; they've built billion-dollar companies from scratch, pioneering technologies that power everything from smartphones and space missions to cybersecurity and data infrastructure. Armed with top-tier engineering degrees from institutions like the IITs and advanced education from global universities, these innovators turned bold ideas into global enterprises. Their journeys—often starting in modest towns across India—reflect a powerful blend of education, risk-taking, and long-term vision. Here's a closer look at 10 Indian-origin founders in the US who've made their mark on the global business map—and where their journey began academically. Jay Chaudhry : Founder and CEO, Zscaler Education: BTech – IIT BHU MS in Computer Engineering and MBA – University of Cincinnati Jay Chaudhry built Zscaler into a cybersecurity powerhouse from the ground up, taking it public in 2018. Born in rural Himachal Pradesh, his journey from a small government school to Silicon Valley IPO is powered by relentless innovation and a clear academic foundation in engineering and business. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Get ₹2Cr life cover@ ₹700 p.m. ICICI Pru Life Insurance Plan Get Quote Undo He also founded and sold four companies before Zscaler, proving his formula works. Vivek Ranadive: Founder, TIBCO Software Education: BS & MS in Electrical Engineering – MIT MBA – Harvard Business School Ranadivé built TIBCO Software into a real-time data leader, used by Wall Street and big enterprises. Originally from Mumbai, he moved to the US to attend MIT at 17. His blend of engineering and business enabled him to create a platform that changed how companies made real-time decisions. Later, he became the first Indian-origin owner of an NBA team, the Sacramento Kings. Naveen Jain : Founder, Infospace, Moon Express, Viome Education: BTech – IIT Roorkee (formerly University of Roorkee) MBA – XLRI Jamshedpur Naveen Jain first found success during the dot-com boom with Infospace, once one of the most valuable internet companies. He later shifted to moon exploration through Moon Express and preventive health via Viome. His academic training in engineering and business management gave him the versatility to shift between tech, space, and biotech entrepreneurship. Romesh Wadhwani: Founder, SymphonyAI & SAI Group Education: BTech – IIT Bombay MS & PhD in Electrical Engineering – Carnegie Mellon University Romesh Wadhwani founded Aspect Development, which he sold for $9.3 billion, and went on to create SymphonyAI, a group of AI-powered software companies serving various industries. His education in advanced engineering laid the groundwork for his understanding of enterprise systems and product development at scale. Today, he's also a leading philanthropist in education and digital skills. Sanjay Mehrotra: Co-founder, SanDisk Education: BS & MS in Electrical Engineering – University of California, Berkeley Executive Education – Stanford University Mehrotra co-founded SanDisk in 1988, helping make flash memory storage mainstream in consumer electronics. While he currently serves as CEO of Micron Technology, his true entrepreneurial legacy is rooted in building SanDisk into a multi-billion-dollar company. He holds over 70 patents, many based on the technical expertise acquired through his Berkeley education. Kanwal Rekhi: Co-founder, Excelan | Serial Angel Investor Education: BTech – IIT Bombay MS in Electrical Engineering – Michigan Tech University MBA – Santa Clara University Kanwal Rekhi co-founded Excelan, a networking company acquired by Novell, and became one of the first Indo-American tech entrepreneurs to take a company public on NASDAQ. He later became a prolific investor and helped establish TiE (The Indus Entrepreneurs), supporting startup founders of Indian origin. His academic path gave him both the technical core and strategic insight needed to navigate Silicon Valley. Dheeraj Pandey: Co-founder, Nutanix | Founder, DevRev Education: BTech – IIT Kanpur MS in Computer Science – University of Texas at Austin Pandey co-founded Nutanix, a pioneer in hyperconverged infrastructure, and led it to a successful IPO. After stepping down, he launched DevRev, a new-age platform connecting product-led teams directly with customers. His technical training from IIT and UT Austin shaped his deep product focus and engineering-first approach to company building. Ragy Thomas: Founder & CEO, Sprinklr Education: BE – Pondicherry University MBA – NYU Stern School of Business Ragy Thomas built Sprinklr into one of the world's leading customer experience platforms, serving clients like Microsoft and McDonald's. From a small-town engineering degree to an NYU MBA, he represents the growing number of founders who blend local academic roots with global ambition. Sprinklr went public in 2021, cementing his status as a next-gen enterprise software founder. Ash Ashutosh: Founder, Actifio (acquired by Google Cloud) Education: BTech – IIT Kanpur MS in Computer Science – Penn State University Ashutosh founded Actifio, a data virtualisation company acquired by Google Cloud in 2020. Prior to that, he built Serano Systems (acquired by Vitesse) and served in leadership roles at StorageNetworks and HP. His technical education from IIT and Penn State gave him the foundation to build scalable, enterprise-focused tech companies that attracted global acquirers. Ready to navigate global policies? Secure your overseas future. Get expert guidance now!