Amazon plans to invest USD 35 billion in India over the next five years to expand its businesses from quick commerce to cloud computing and artificial intelligence, as the global supermajor doubles down on its presence in the world’s fastest-growing economy. The investment by the US e-commerce giant comes a day after Microsoft pledged USD […]

Trump opens sale of USD 1 million ‘gold card’ offering path to American citizenship

A website accepting applications went live as Trump revealed the start of the programme while surrounded by business leaders in the White House’s Roosevelt Room. It is meant to replace EB-5 visas, which Congress created in 1990 to generate foreign investment and had been available to people who spend about USD 1 million on a company that employs at least 10 people.

Trump admin plans new screening rules for visa waiver travellers, includes social media checks

The notice published on Wednesday in the Federal Register said Customs and Border Protection (CBP) is proposing collecting five years’ worth of social media information from travellers from select countries who do not have to get visas to come to the US. The Trump administration has been stepping up monitoring of international travellers and immigrants.

Indian national gets 90 months in U.S. prison for role in multi-state imposter scam

Ligneshkumar H. Patel pleaded guilty to one count of conspiracy to commit wire fraud and financial institution fraud and two counts of wire fraud. The judge ordered him to pay more than USD 2 million in restitution, the Department of Justice said in a statement on Wednesday.

“I don’t think I love anything more than cricket,” says Smriti Mandhana in first stage talk after cancelled wedding

One of the top names in the Indian women’s squad that made history by winning the ICC Women’s Cricket World Cup 2025, ace batter Smriti Mandhana recently called off her wedding to musician Palash Muchhal. The ceremony was planned for late November, following a very romantic on-the-field proposal and ring exchange.

Microsoft commits USD 17.5 billion to build India’s AI infrastructure after Nadella-Modi meeting

Microsoft said that the USD 17.5 billion (around Rs 1.58 lakh crore) investment builds on the USD 3 billion (around Rs 26,955 crore) funding announced earlier this year, which the company is on track to spend by the end of CY (calendar year) 2026.

India inaugurates state-of-the-art Consulate in Shanghai, strategically located in trade corridor

The Shanghai Consulate, opened on December 7, caters to India’s burgeoning business community in the eastern region of China, home to top trade and business hubs like Yiwu, where a number of Indian businesses are present.

About Author: Press Trust of India