University of San Diego launches online masters programme for Indian professionals
The new suite includes four degrees:MS in Applied Artificial IntelligenceMS in Applied Data ScienceMS in Cybersecurity EngineeringMS in Cybersecurity Operations and LeadershipThese full-stack master's degrees are academically equivalent to USD's on-campus offerings and are delivered in English. Students must demonstrate English proficiency through IELTS (minimum 7), Duolingo (minimum 120), or two years of prior education in English.The curriculum is developed by academic experts with real-world industry experience and is reviewed annually to ensure alignment with evolving technology trends and market needs.For Indian applicants, USD has partnered with GradRight, an education platform that will assist with admissions guidance and student support throughout the course duration.COST, ELIGIBILITY AND ENROLMENTThe total cost of the 20-month programme is approximately Rs 10.49 lakh, with scholarships and financial aid available for eligible Indian students to reduce access barriers.Admissions for Fall 2025 are now open, with the application deadline set for August 1, 2025. Classes will commence on September 2, 2025. To apply, candidates must hold:A 4-year undergraduate degree with at least a second division, orA 3-year undergraduate degree with first divisionAn optional two-week immersion at USD's California campus is also available, giving students a chance to network, engage face-to-face with faculty and peers, and experience the university environment first-hand.- Ends
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India Today
17 minutes ago
- India Today
Fed keeps interest rates steady despite Trump's push for cuts
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a Fed's decision Wednesday leaves its key short-term rate at about 4.3%, where it has stood after the central bank made three cuts last year. Chair Jerome Powell has said the Fed would likely have cut rates already if not for Trump's sweeping tariffs. Powell and other Fed officials say they want to see how Trump's duties on imports will impact inflation and the broader economy. So far, the duties have lifted the costs of some goods, such as appliances, furniture, and toys, and overall inflation has risen a bit, though less than many economists had were some signs of splits in the Fed's ranks: Governors Christopher Waller and Michelle Bowman voted to reduce borrowing costs, while 9 officials, including Powell, favored standing pat. It is the first time in more than three decades that two of the seven Washington-based governors have dissented. One official, Governor Adriana Kugler, was absent and didn't vote. The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House, as Trump has repeatedly demanded that the central bank reduce borrowing costs as part of his effort to assert control over one of the few remaining independent federal argues that because the US economy is doing well, rates should be lowered. But unlike a blue-chip company that usually pays lower rates than a troubled start-up, the Fed adjusts rates to either slow or speed growth, and would be more likely to keep them high if the economy is strong to prevent an inflationary Wednesday, the government said the economy expanded at a healthy 3% annual rate in the second quarter, though that figure followed a negative reading for the first three months of the year, when the economy shrank 0.5% at an annual rate. Most economists averaged the two figures to get a growth rate of about 1.2% for the first half of this of the disagreement likely reflects jockeying to replace Powell, whose term ends in May 2026. Waller in particular has been mentioned as a potential future Fed meanwhile, last dissented in September 2024, when the Fed cut its key rate by a half-point. She said she preferred a quarter point cut instead, and cited the fact that inflation was still above 2.5% as a reason for also said earlier this month that he favoured cutting rates, but for very different reasons than Trump has cited: Waller thinks that growth and hiring are slowing, and that the Fed should reduce borrowing costs to forestall a weaker economy and a rise in are other camps on the Fed's 19-member rate-setting committee (only 12 of the 19 actually vote on rate decisions). In June, seven members signalled that they supported leaving rates unchanged through the end of this year, while two suggested they preferred a single rate cut this year. The other half supported more reductions, with eight officials backing two cuts, and two -- widely thought to be Waller and Bowman -- supporting three dissents could be a preview of what might happen after Powell steps down, if President Donald Trump appoints a replacement who pushes for the much lower interest rates the White House desires. Other Fed officials could push back if a future chair sought to cut rates by more than economic conditions would otherwise the committee's quarterly forecasts in June suggested the Fed would cut twice this year. There are only three more Fed policy meetings -- in September, October, and December -- and some economists forecast that a cut will occur in September. Wall Street investors also expect cuts in September and December, according to futures the Fed cuts its rate, it often -- but not always -- results in lower borrowing costs for mortgages, auto loans and credit economists agree with Waller's concerns about the job market. Excluding government hiring, the economy added just 74,000 jobs in June, with most of those gains occurring in health are in a much slower job hiring backdrop than most people appreciate,' said Tom Porcelli, chief US economist at PGIM Fixed Feroli, an economist at JPMorgan Chase, said in a note to clients this week if the pair were to dissent, 'it would say more about auditioning for the Fed chair appointment than about economic conditions.'The Fed's two-day meeting comes after a week of extraordinary interactions with the Trump White House, which has accused Powell of mismanaging an extensive, $2.5 billion renovation of two office buildings. Trump suggested two weeks ago that the rising cost for the project could be a 'firing offense' but has since backed off that Trump argues that the Fed should cut because the economy is doing very well, which is a different viewpoint than nearly all economists, who say that a healthy, growing economy doesn't need rate cuts.'If your economy is hot, you're supposed to have higher short-term rates,' Porcelli said.- EndsMust Watch
India Today
17 minutes ago
- India Today
Trump frustrated with India trade talks, sees 25% tariff as remedy: White House aide
US President Donald Trump is 'frustrated' with the progress of trade deal talks with India and believes that imposing a 25 per cent tariff will 'remedy' the situation. The tariff on Indian goods is set to take effect on August 1, after Washington and New Delhi failed to finalise an interim trade agreement before Trump's self-imposed August 1 deadline.'Well, India has had a market that's been pretty much closed to American products, and we've been wide open to theirs. And I think President Trump is frustrated with the progress we've made with India, but feels that a 25 per cent tariff will address and remedy the situation in a way that's good for the American people,' said White House economic adviser Kevin also announced an additional penalty, criticising India for its continued purchases of oil and military equipment from Russia. In a post on Truth Social, he wrote: 'Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country. Also, they have always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST. THANK YOU FOR YOUR ATTENTION TO THIS MATTER. MAGA!'The decision comes after the failure to reach an interim trade deal, with Trump reportedly dissatisfied with the outcomes secured by his negotiators. 'What's going to happen is that India is going to cut their prices to the US in order to maintain their market share,' Hassett added. 'Then they might reconsider their practices, which have led to this higher rate. And over time, I would guess the Indian firms will be onshoring production in the US, and Indians might even open their markets more to us, so that we reconsider a future trade deal.'INDIA'S RESPONSE TO TRUMP'S 25% TARIFFIn response, India's Ministry of Commerce and Industry stated that it is assessing the impact of the US move, but emphasised that national interest remains paramount. "The Government attaches the utmost importance to protecting and promoting the welfare of our farmers, entrepreneurs, and MSMEs. The Government will take all steps necessary to secure our national interest, as has been the case with other trade agreements, including the latest Comprehensive Economic and Trade Agreement with the UK,' the ministry reiterated its commitment to working toward a 'reciprocally advantageous trade agreement,' but with Trump escalating pressure tactics, the path forward remains uncertain.- Ends
Time of India
17 minutes ago
- Time of India
‘Won't let anyone attack the dollar': Trump says US in talks with India after 25% tariff bombshell
US President Donald Trump said that the United States is negotiating with India after announcing a sweeping 25% tariff on Indian imports starting August 1. Speaking to reporters, Trump said India has 'one of the highest tariffs in the world,' but signalled that New Delhi may be willing to 'substantially reduce tariffs' as talks continue. Show more Show less
