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Trump to choose China hawk Rubio as secretary of state

Business Standard

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November 13, 2024

President-elect turns to allies on Capitol Hill to fill top Cabinet posts

Trump to choose China hawk Rubio as secretary of state

President-elect Donald Trump is raiding the House of Representatives as he stocks his cabinet, threatening to cut into what's likely to be a razor-thin majority for Speaker Mike Johnson in the early days of his new administration.

He is expected to name Marco Rubio as secretary of state, a person familiar with the matter said, granting a top job in his second administration to a one-time rival who later became one of his most ardent supporters in the Senate.

Business Standard'den DAHA FAZLA HİKAYE

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.

time to read

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.

time to read

1 min

January 31, 2026

Business Standard

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:

time to read

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

time to read

2 mins

January 31, 2026

Business Standard

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.

time to read

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.

time to read

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.

time to read

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.

time to read

3 mins

January 31, 2026

Business Standard

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

time to read

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.

time to read

1 mins

January 31, 2026

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