This is the second debt raising by Mumbai-based lender this year after it had raised SG$ 225 million early January in a seven-year bond sale programme.
The crack in the equity markets is serious and portends a deeper correction ahead. The markets will almost certainly attempt to complete the interrupted up move next week, says Sonali Ranade
The United States on Wednesday slapped sanctions on an Afghan drug trafficking network and designated two leaders -- Shah Mohammad Barakzai and Haji Baz Mohammad -- as Specially Designated Narcotics Traffickers.
The NASSCOM report said Indian tech industry contributed more than $375 million to the US Treasury between fiscal year 2011-2015
Geithner and Bernanke are scheduled to visit Mumbai tomorrow.
India and the United States vowed on Thursday to step up joint efforts to halt illicit money flows.
The US treasury bond has been perhaps the most resilient feature of the American economy.
Also more domestic borrowers are expected to access overseas markets for their funding needs as the rupee funds are still a costly affair.
Contrary to popular notions, US laws protect the truly rich and powerful Rajat Gupta, however, was an outsider.
Firms sold $6.3 bn of bonds abroad in the three months ending March 31.
Pranab said he had clarified this issue in no uncertain terms with US Treasury Secretary who had brought up this issue during bilateral talks.
For past two years, a lot of money has piled up in banks.
Geithner and Bernanke held talks with India's major multinational corporations.
Breakfast meeting between Timothy Geithner, US treasury secretary, leading industralists due Wednesday.
US companies are rebuilding their capital stock as well as the workforce and hiring people back to work.
The Tamil Nadu-based broker is member of commodities exchange from Dharapuram, some say bonds are most likely to be fake.
If Gupta had given Raj Rajaratnam information that Goldman Sachs was going to get an investment from Warren Buffet (and suppose, if Rajaratnam had not sold an already long position in Goldman stock based on this material, non-public information), would this have amounted to a criminal offence on Gupta's part?
The meeting, on the sidelines of the Annual Spring session of the International Monetary Fund and World Bank, will happen within a couple days of about a dozen US industry associations writing to the US Treasury Secretary to take up the controversial move by India to amend the Income Tax Act with retrospective effect.
The weather in Washington is balmy, but Finance Minister Pranab Mukherjee, in the US to attend a meeting of the International Monetary Fund and the World Bank, would feel a distinct chill as he readies to meet corporate America.
Not that his odds are particularly strong at 66/1 -but they're the same as Bill Clinton's! For what it's worth former Brazilian President Lula Da Silva has slightly stronger odds at 20/1.
The State Bank of India on Thursday successfully raised $1.25 billion from an overseas dollar-denominated bond sale, making it the single largest issue from the domestic banking in recent years.
As the United States combats a slowdown and Europe confronts a period of slower growth, economies on the Pacific Rim will need to do more to stimulate demand at home, US Treasury Secretary Timothy Geithner said on Thursday.
The Greece and Euro-zone bailout may not end their solvency problems but it signals that EU policymakers remain committed to global financial stability.
He also called for tough and effective reforms so that when such mistakes happen, they are modest in size and the financial system can handle them well.
TikTok has stressed that its US user data is already stored on US-based servers and backed up in Singapore, and is therefore not subject to Chinese law as some US officials have feared.
Union Finance Minister Pranab Mukherjee arrived in Washington, DC on Monday to participate in the India-US economic partnership dialogue, during which he is expected to meet US Secretary of State Hillary Clinton.
The Gupta family has relocated to Dubai amid corruption charges against them in South Africa.
India over the years has emerged as a role model for balanced economic growth for countries across the world, US Treasury Secretary Timothy Geithner said on Tuesday.
Complimenting India on maintaining market linked exchange rate, US Treasury Secretary Timothy Geithner on Monday asked other key economies to move toward flexible exchange rate regime.
The US, he said, is working in the G-20 to help build consensus on long-term reforms that will provide the foundation for a more balanced, more stable global economy.
US Treasury Secretary Timothy Geithner on Wednesday identified India, China and Brazil as countries that will experience rapid growth in the coming decades, which he said would provide "consistent strength" to the American economy.
On Wednesday, Mukherjee addressed two press conferences at the International Monetary Fund.
The growth of these countries in one way or the other would boost up American economy, he told reporters at a White House news conference.
The $14.29 trillion borrowing limit underscores the need for Congress to put in place a fiscal straitjacket like the CAP Act.
The NSE Nifty settled at 10,454.95, down 121.90 points, or 1.15 per cent.
To combat terror financing, India and the US committed to work together to check illicit money transfers.
'Beijing is watching Obama's visit closely. While Chinese leaders have faced opposition from Japan and Vietnam, they view India's rise with caution.'
The visiting US treasury secretary Timothy F Geithner today said Washington will closely work with New Delhi to promote a more balanced and greater economic cooperation between the two nations.
The launch of the US-India Economic and Financial Partnership on Tuesday is significant because the two countries have traditionally been wary of opening up their markets and services to each other.
The strange allegation by UAE officials is noted in a State Department cable, which reports the details of a meeting between officials of the US Treasury Department and those of UAE's State Security Department (SSD) and Dubai's General Department of State Security to discuss suspected Taliban-related financial activity in the UAE.
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