In a bold move to reshape Kerala, a young IAS officer has laid out a comprehensive plan for impactful reforms. His vision includes raising the retirement age to harness seasoned talent, invigorating nightlife to draw in tourists and investors
The version of you nobody gets to see, based on your zodiac signYour zodiac sign may not define your entire personality, but it can reveal the emotions, fears, and wishes you often keep locked away from everyone else. Updated on: May 10, 2026 4:10 PM IST Edited by Kanakanjali Roy Share via Copy
Celebrated Urdu poet Kanwar Mohinder Singh Bedi's memoir now available in EnglishCelebrated Urdu poet Kanwar Mohinder Singh Bedi's memoir now available in English Published on: May 10, 2026 4:16 PM IST PTI Share via Copy link New Delhi, The English translation of the autobiography of celebrated
HPBOSE 10th result out: Check direct link to get marksheet | Step-by-step guideHPBOSE students are advised to rely only on authentic websites for official updates regarding the results. Updated on: May 10, 2026 1:59 PM IST By HT News Desk Share via Copy link The Himachal Pradesh Board of School
My daughter has done M.Sc. Environmental Science and is doing PG Diploma GIS. What are the job opportunities in India? What are her options for higher studies? Latha M.Sc. Environmental Science provides understanding of pollution, ecology, and climate and the PG Diploma in GIS provides the
Jaipur founder names office spaces after Pink City landmarks, urges firms to value Indian heritageA Jaipur startup founder drew praise for replacing Western style office names with Jaipur heritage inspired ones. Published on: May 10, 2026 4:11 PM IST By Mahipal Singh Chouhan Share via Copy link A
The Art of Living International Center witnessed a historic gathering on Sunday as the Prime Minister Narendra Modi joined Gurudev Sri Sri Ravi Shankar to celebrate 45 years of The Art of Living movement and the 70th birthday of its founder. Bengaluru: The Art of Living International Center
on Saturday said its chief business officer has resigned from his position, citing personal reasons, according to a regulatory filing.Bhargava will cease to be part of the senior management team with effect from the close of business hours on May 15, 2026, the company said
India Sends $87B In Goods To US — But Gets Only ‘Paper Dollars’?
India Sends $87 Billion Worth Of Goods To The US — But Is Getting Only ‘Paper Dollars’ In Return?
India ships billions of dollars' worth of real goods to the US, it receives “printed” dollars in return — money the US can create at will thanks to its global currency dominance.
New Delhi: For years, Indians have believed that the country's booming exports to the United States reflect a win-win trade relationship. But a recent analysis by tech entrepreneur Balaji Srinivasan challenges that view. He argues that while India ships billions of dollars' worth of real goods to the US, it receives “printed” dollars in return — money the US can create at will thanks to its global currency dominance. This imbalance, Balaji says, mirrors historic patterns where America leveraged its financial power to extract value from trading partners, and it raises urgent questions about how India should secure its economic future.
The Hidden Cost of India-US Trade
Technology entrepreneur Balaji Srinivasan has highlighted a striking reality about the financial dynamics of India-US trade. While many believe India benefits enormously from exporting to the US, Balaji argues the opposite — that the US effectively “rips off” India by paying for valuable Indian goods with freshly printed dollars.
Add Zee News as a Preferred Source
The Trade Numbers Behind the Headlines
Official data for 2024 shows India exported around USD 87 billion worth of goods to the US, while importing about USD 42 billion. India also received an additional USD 45 billion in US dollars, which Balaji says was essentially created by the US Federal Reserve. In his view, India provides real, tangible goods while the US pays with “paper money” — a scenario reminiscent of past trade imbalances faced by countries like Vietnam.
The US sends India billions in printed dollars for valuable goods. This is actually the US government ripping off India, like it does Vietnam, and everyone else, including its own citizens...not vice versa.
To be precise: last year India exported $87B of… https://t.co/jx8BKqgTUc pic.twitter.com/uo4dLOkCPf — Balaji (balajis) September 1, 2025
The Power of the US Dollar as a Reserve Currency
This unequal trade pattern exists because the US dollar is the world's reserve currency. America can print trillions, run massive deficits, and still settle international payments without consequences that other countries face. This privilege forms the backbone of what Balaji calls the American financial empire — a system built on global dominance in currency, data, and sanctions.
The Shifting US Strategy and Global Confusion
However, the US is now retreating from some aspects of its global empire. Under policies prioritizing domestic interests, trade and military commitments are being cut, foreign aid reduced, and inward focus increased. This shift creates confusion for many nations because America's strength lies less in manufacturing and more in financial power, which is now being selectively withdrawn.
Why India and Other Nations Must Act
Balaji warns that India, Vietnam, and similar nations should not passively accept this uneven arrangement. Instead, the current trade tensions present a rare opportunity — a “Schelling Point” — to shift away from the US dollar. He suggests trading in local currencies and saving in hard assets like gold instead of US Treasury bonds to reduce dependence on America's monetary policy.
The Road to Economic Sovereignty
Experts note that India's total trade with the US reached USD 132 billion in FY 2025, with a goods trade surplus of about USD 41 billion and a total surplus of USD 44.4 billion including services. Yet much of this money flows back to the US through education, technology, and defense purchases. Balaji concludes that decoupling from the dollar — though difficult — could help countries like India secure long-term stability and reclaim economic sovereignty in a future of “global capitalism minus the American empire.”
Source: ZeeNews
Related Posts: US To Buy Ukrainian Combat Drones In Deal Worth Billions Lauren Sanchez flashes massive wedding diamond ring that costs ‘million dollars’ Supreme Court Lets US Cut Millions of Dollars in NIH Grants Oracle expects half a trillion dollars in booked cloud orders Zootopia 2’ Opens to More Than Half a Billion Dollars Globally India has splurged billions on metro trains India's biofuel drive is saving billions but also sparking worries India dismisses Fake News claiming govt reviewing list of US goods India's 70% Goods Export Exposed To Trump Tariffs India-US deal to include ‘zero’ tariffs on ‘vast’ agricultural goods
There is a story in the Jataka tales about a merchant who sells a parrot with a gift for philosophy. The bird can recite the names of virtues and moralities flawlessly. What it cannot do is practise them because no one in the house models them
1 hours ago
One of Sri Lanka's highest-ranking Buddhist monks has been arrested and sent to remand prison over the alleged rape and sexual assault of a 15-year-old girl. The Venerable Pallegama Hemarathana Thero holds one of the most revered positions in the Buddhist world - the chief prelate or custodian of
1 hours ago
Film star-turned-politician C Joseph Vijay's has been sworn in as the new chief minister of the Indian state of Tamil Nadu, ending days of political uncertainty. The 51-year-old's newly-formed party Tamilaga Vettri Kazhagam (TVK) won 108 seats in last week's vote-counting - leaving him 10 seats
1 hours ago
MV Karuppaiah, a TVK legislator, took oath as pro-tem Speaker on Sunday. The ceremony took place at Lok Bhavan, administered by Governor Rajendra Vishwanath Arlekar. Chief Minister Joseph C Vijay was present. Karuppaiah previously served as an AIADMK MLA
1 hours ago
Punjab Industries Minister Sanjeev Arora was on Sunday sent to seven days of Enforcement Directorate custody in connection with a money-laundering investigation into allegedly fraudulent Goods and Services Tax transactions, PTI reported. The 62-year-old minister was arrested by the central agency
1 hours ago
Vijay is set to take oath as Tamil Nadu CM on Sunday in Chennai, becoming the first leader outside the DMK-AIADMK formations to head the state government since 1967. Tamilaga Vettri Kazhagam (TVK) chief C Joseph Vijay is set to take oath as the Chief Minister of Tamil Nadu on Sunday at Chennai’s
1 hours ago
A car bombing at a police post in northwestern Pakistan followed by an ambush on police personnel rushing to the scene to provide backup has killed at least 12 officers, police said on Sunday (May 10, 2026). Images after the attack on Saturday (May 9
1 hours ago
Gurgaon woman gives tour of ₹25,000 studio apartment, internet calls it ‘highly overpriced’A Gurgaon woman showed her ₹25,000 studio apartment, sparking debate as many called the rent overpriced. Published on: May 10, 2026 5:10 PM IST By Mahipal Singh Chouhan Share via Copy link A Gurgaon
1 hours ago
At the swearing-in ceremony inside Chennai’s Jawaharlal Nehru Stadium, Rahul Gandhi stood smiling beside his ally Vijay as the Tamilaga Vettri Kazhagam (TVK) chief took the oath as Chief Minister. The moment underscored a relationship rooted in a 2009 encounter when Vijay reportedly sought to
1 hours ago
Maruti Suzuki India has launched a new ‘Star Edition’ accessory package for the Maruti Suzuki Eeco, priced at Rs 19,999. The package is offered as an optional dealer-fitted accessory kit and is available with the five-seater AC and five-seater AC CNG variants of the van
1 hours ago
The 'Don't Blink' tagline was never meant to be taken quite so literally. When Daniel Dubois crashed to the canvas within 10 seconds of the opening bell in Manchester - and again in the third round - suddenly every soul inside the Co-op Live Arena was paying very close attention
1 hours ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Pet hair, spilled cereal: Wet and dry vacuums vs robotic vacuums - which cleaner saves you from daily disasters?Wet and dry vacuum cleaners and robotic vacuum cleaners are available at
1 hours ago
As Chennai gets ready for a big political day at the Jawaharlal Nehru Stadium, the mood outside is a mix of excitement, curiosity, and a bit of nostalgia too. It’s one of those moments where cinema and politics quietly blend together, and familiar faces from the film world show up in real life
1 hours ago
Nancy Guthrie case: Ex-lieutenant reveals major challenge investigators are facing in locating 84-y/o, 'The evidence is…A desert "wash” just a couple of miles from Nancy Guthrie’s Tucson home is posing a major challenge for investigators probing the case. Updated on: May 10
1 hours ago
Returning to work after maternity leave can feel like running a marathon on four hours of sleep. Between feeding schedules, office deadlines, pumping sessions, and household responsibilities, nutrition often becomes an afterthought. Yet postpartum recovery and breastfeeding place significant
1 hours ago
British Army medics have parachuted onto the remote Atlantic island of Tristan da Cunha to help a British national with suspected hantavirus. The man left MV Hondius, the cruise ship hit by a deadly outbreak of the virus, in mid-April at Britain's most remote inhabited overseas territory
1 hours ago
Dutch ornithologist Leo Schilperoord has been identified as the “patient zero" in a deadly hantavirus outbreak linked to the expedition cruise ship MV Hondius, according to a report by the New York Post. The 70-year-old birdwatching enthusiast is believed to have contracted the rare Andes strain
1 hours ago
For decades, Canada was seen as a global laggard in defence funding, and just two years ago, recruitment was so dire that a former defence minister warned the armed forces were in a "death spiral". Now, the Canadian army is growing at a pace not seen in decades
1 hours ago
After White House Press Secretary Karoline Leavitt announced that she had recently welcomed a baby girl, Iran used the occasion to criticise her for defending the United States over the deadly Minab school strike earlier this year. Leavitt, 28
1 hours ago
Institutions must nurture innovation, resilience: Jaipuria Institute of Management directorInstitutions must nurture innovation, resilience: Jaipuria Institute of Management director Published on: May 10, 2026 2:39 PM IST PTI Share via Copy link Ghaziabad
1 hours ago
Former Bangladesh Prime Minister Sheikh Hasina on Saturday congratulated West Bengal Chief Minister and Bharatiya Janata Party leader Suvendu Adhikari after his oath-taking ceremony. On Saturday, Adhikari became the first BJP leader to become the chief minister of West Bengal
1 hours ago
I grew up in Pune and being around engineers, innovators, and academics from a young age encouraged me to aim higher. I wanted to see the world, learn about new technology, and build a career that matters. This led me to the University of Sheffield. While in India, I completed B
1 hours ago
A total of 54%, or 126 out of the 234 winning candidates in the Tamil Nadu Assembly elections, have criminal cases against them, according to a study released on Saturday by the Association for Democratic Reforms and Tamil Nadu Election Watch. The Tamilaga Vettri Kazhagam
1 hours ago
Singer Suchitra has expressed her dislike towards actress Trisha Krishnan amid her dating rumours with actor-turned-politician Thalapathy Vijay. In a recent interview, Suchitra made it clear that even though she likes Vijay, she does not like Trisha
1 hours ago
A salaried employee has the option to choose between the old and the new income tax regimes while filing their returns, though the latter one continues to remain the default option. In the Union Budget 2026, Finance Minister Nirmala Sitharaman did not announce any changes to the existing income
1 hours ago
India’s women’s recurve team delivered under pressure when it mattered most, edging past hosts China in a dramatic shoot-off to win gold at the Archery World Cup Stage 2 in Shanghai on Sunday. The trio of Deepika Kumari, Ankita Bhakat and teenage archer Kumkum Mohod clinched a tense 5-4 victory
1 hours ago
The next in the series featuring conversations with entrepreneurs, technologists and researchers about emerging technologies and what students need to know about these fields. I am the co-founder and CEO of Ziroh Labs. We work at the convergence of advanced mathematical concepts and sophisticated
1 hours ago
