News for 'Treasury Department'

US sanctions Afghan narcotics trafficking network

US sanctions Afghan narcotics trafficking network

Rediff.com21 Jun 2012

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.

On 9/11 anniv US sanctions over 2 dozen terrorists in Pakistan

On 9/11 anniv US sanctions over 2 dozen terrorists in Pakistan

Rediff.com11 Sep 2019

Utilising a new executive order signed by President Donald Trump, issued on the eve of the 9/11 anniversary, the treasury department sanctioned over two dozen individuals and entities from 11 terrorist groups, including Pakistan-based Tehrik-e-Taliban Pakistan.

US toughens stand, slaps sanctions on Putin, other leaders in rare move

US toughens stand, slaps sanctions on Putin, other leaders in rare move

Rediff.com26 Feb 2022

The US, in coordination with allies and partners, continued to forcefully respond to Russia's "unjustified, unprovoked and premeditated" invasion of Ukraine by imposing sanctions on Putin and Lavrov.

US imposes sanctions against Russian oligarchs, government officials

US imposes sanctions against Russian oligarchs, government officials

Rediff.com6 Apr 2018

The measures announced by the Treasury Department were also aimed at 17 senior Russian government officials. The state-owned Russian weapons trading company, Rosoboronexport, which has long-standing ties to Syria and its subsidiary, Russian Financial Corporation Bank were also targeted under new sanctions.

Fodder scam: SC refuses to issue notice on CBI plea against bail to Lalu

Fodder scam: SC refuses to issue notice on CBI plea against bail to Lalu

Rediff.com27 Mar 2023

A bench of Justices Ajay Rastogi and Bela M Trivedi said it is not issuing notice but tagging the matter with the pending similar appeal also filed by the CBI.

Obama proposes minimum taxes on foreign earnings

Obama proposes minimum taxes on foreign earnings

Rediff.com23 Feb 2012

US President Barack Obama has proposed to establish a new minimum tax on foreign earnings while repealing benefits for outsourcing jobs overseas and providing new incentives for bringing jobs back home.

Arrest Hafiz Saeed for his crimes, says 'deeply concerned' US

Arrest Hafiz Saeed for his crimes, says 'deeply concerned' US

Rediff.com24 Nov 2017

Pakistan on Friday freed Saeed, the Lashkar-e-Tayiba founder, who immediately launched his anti-India rhetoric and vowed to mobilise people for the "cause of Kashmir".

India-US joint statement puts trade at heart of enhanced ties

India-US joint statement puts trade at heart of enhanced ties

Rediff.com23 Jun 2023

India and the US on Thursday said they are looking forward to the reconvening of the India-US Trade Policy Forum later this year to further enhance trade relationship and identify new areas for engagement.

India less affected by economic crisis: US

India less affected by economic crisis: US

Rediff.com9 Jul 2010

Due to India's limited dependence on external demand and strong fiscal and monetary stimulus measures, the global economic and financial crisis had a relatively muted effect on the country, the Obama Administration told the US Congress on Thursday.

US pay czar to review CEO compensation at 419 cos

US pay czar to review CEO compensation at 419 cos

Rediff.com23 Mar 2010

The United States government appointed pay czar will review the executive compensation packages at 419 bailed out companies including Goldman Sachs and JP Morgan Chase.

China should move to market-oriented exchange rate

China should move to market-oriented exchange rate

Rediff.com20 May 2010

Days ahead of the second US- China Strategic and Economic Dialogue, the United States has reiterated that China needs to move towards a market-oriented exchange rate.

Former Barca defender accused of links with Mexican drug lord

Former Barca defender accused of links with Mexican drug lord

Rediff.com10 Aug 2017

US sanctions Mexico captain Rafa Marquez for alleged drug ties 'I deny categorically any type of relation with this organization'

Iqbal Mirchi in US list of drug peddlers

Iqbal Mirchi in US list of drug peddlers

Rediff.com25 Apr 2005

The move has apparently been taken in view of the drug peddler's attempts to enter the US for setting up business. \n\n

Budget 2024: 'We have to be intelligent'

Budget 2024: 'We have to be intelligent'

Rediff.com1 Nov 2023

'The global situation is not very good.'

US govt buys $159 bn shares in 30 banks

US govt buys $159 bn shares in 30 banks

Rediff.com18 Nov 2008

The US government, under its $700-billion bailout plan, has purchased shares in 30 American banks for a total of over $150 billion, half of which have gone into Citigroup, JPMorgan Chase and Wells Fargo.

Support people of Myanmar, US urges India

Support people of Myanmar, US urges India

Rediff.com28 Sep 2007

The United States has announced sanctions against 14 senior Myanmar officials, and called on India, China and other nations to support the people of Myanmar who were struggling for democracy.

US may own 70% stake in GM

US may own 70% stake in GM

Rediff.com27 May 2009

The United States government may own 70 per cent stake in the restructured General Motors, the ailing auto maker which is battling to avert a possible bankruptcy.

Obama announces major tax sops

Obama announces major tax sops

Rediff.com21 Feb 2009

The US President Barack Obama on Saturday said that as many as 95 per cent of the working families would get tax cuts and beginning April an average American family would start receiving an additional $65 each per month.

Pakistan seals offices Al-Amin Trust, says report

Pakistan seals offices Al-Amin Trust, says report

Rediff.com15 Dec 2008

The Pakistan government has sealed offices of Al-Amin Trust in Karachi and Lahore and frozen several bank accounts as part of its ongoing crackdown on groups added to a UN Security Council list of terrorist organisations subject to sanctions.

US: Indian banks must watch out for terror deals

US: Indian banks must watch out for terror deals

Rediff.com20 Oct 2006

'The banking channel is gradually becoming the most preferred way of transaction for terrorist outfits.'

Citi's toxic assets worth $306 billion!

Citi's toxic assets worth $306 billion!

Rediff.com24 Nov 2008

The US banking behemoth Citigroup has got risky assets worth $306 billion -- a figure equivalent to over half the total assets, nearly six times of market value as well as annual revenue, or about 50-times of full-year net profit of all Indian banks together!

Citi gets third rescue as US plans to raise stake

Citi gets third rescue as US plans to raise stake

Rediff.com28 Feb 2009

The Treasury Department said it will convert about $25 billion of preferred shares into common stock provided private holders agree to the same terms, the government said in a statement on Friday. The conversion would give the US a 36 per cent stake in the New York-based firm.

Gold at all-time high of Rs 14,275

Gold at all-time high of Rs 14,275

Rediff.com11 Feb 2009

Gold prices rallied by Rs 220 per ten grams to resume at Rs 14,275 on the bullion market in Mumbai on Wednesday on hectic stockists buying triggered by higher New York advices.

Biden picks Kashmiri-origin Sameera Fazili in WH team

Biden picks Kashmiri-origin Sameera Fazili in WH team

Rediff.com16 Jan 2021

In December, Aisha Shah was named as Partnerships Manager at the White House Office of Digital Strategy.

'Invest in cash and floating rate funds'

'Invest in cash and floating rate funds'

Rediff.com29 Apr 2005

Retail investors should continue to invest in accrual schemes like cash and floating rate funds.

Govt using probe agencies to do hafta-vasooli: Cong

Govt using probe agencies to do hafta-vasooli: Cong

Rediff.com24 Feb 2024

In his letter to Sitharaman, Venugopal said media reports have exposed the alleged "quid-pro-quo between BJP and several firms, which in a strange coincidence donated to it, after the Enforcement Directorate (ED), Income Tax Department (IT) and Central Bureau of Investigation (CBI) and others, raided or searched those enterprises".

IMF selects Reveleus' business intelligence techno

IMF selects Reveleus' business intelligence techno

Rediff.com10 Mar 2003

Reveleus, a business of I-flex solutions, said on Monday the International Monetary Fund has selected its business intelligence and data warehouse technology offering for the design and implementation of a data warehouse.

Australian state allows sports fans back in stadiums

Australian state allows sports fans back in stadiums

Rediff.com9 Jun 2020

As Australia moves ahead with relaxing a lockdown to curb the spread of the coronavirus, a state government gave the all clear for more than 2,000 fans to attend an Australian Rules Football game at a stadium in Adelaide this weekend. Australia has suffered at least 102 COVID-19 deaths and about 7,200 infections, but it has not reported a death for more than a week, and new cases have dwindled to less than 20 daily.

China blocks India-US move to blacklist 26/11 terrorist

China blocks India-US move to blacklist 26/11 terrorist

Rediff.com20 Jun 2023

Beijing blocked the proposal that had been moved by the US and co-designated by India to blacklist Mir under the 1267 Al Qaeda Sanctions Committee of the UN Security Council as a global terrorist and subject him to assets freeze, travel ban and arms embargo.

US seeks access to bank records to deter terror

US seeks access to bank records to deter terror

Rediff.com10 Apr 2005

Overseas transactions were used by the September 11 hijackers to wire more than $ 130,000, officials said.

US blacklists South Africa's Gupta family over widespread corruption

US blacklists South Africa's Gupta family over widespread corruption

Rediff.com10 Oct 2019

The Gupta family has relocated to Dubai amid corruption charges against them in South Africa.

Bitcoin Beats Equities, Gold In 2023!

Bitcoin Beats Equities, Gold In 2023!

Rediff.com20 Dec 2023

A key reason for the rise in crypto currencies in 2023 is the possibility of the world's first Bitcoin ETF over the next few months.

US Wants To Be Friends With Taliban?

US Wants To Be Friends With Taliban?

Rediff.com4 Feb 2022

Regional States will be worried that the US's nascent engagement with the Taliban behind the fig leaf of humanitarian aid enables the return of US intelligence personnel to Afghanistan, observes Ambassador M K Bhadrakumar.

Fodder scam case: J'khand HC defers hearing into Lalu's petition

Fodder scam case: J'khand HC defers hearing into Lalu's petition

Rediff.com9 Apr 2022

73-year-old Prasad is in custody following his conviction and sentence by a Central Bureau of Investigation court in February in a fodder scam case involving embezzlement of over Rs 139 crore from Doranda treasury.

Dawood Ibrahim is a global terrorist: US

Dawood Ibrahim is a global terrorist: US

Rediff.com17 Oct 2003

The US Treasury Department said Ibrahim has links with Al Qaeda and finances the activities of Lashkar-e-Tayiba and other terrorist organisations.

India's GDP grew by 7.4%: Report

India's GDP grew by 7.4%: Report

Rediff.com7 Dec 2004

India's real gross GDP grew by 7.4 per cent year-on-year in the second quarter of 2004 and the rupee depreciated by less than 1 per cent in the first half of the same, the US treasury department has said in a report.

Trump walks in inaugural parade amid Washington protests

Trump walks in inaugural parade amid Washington protests

Rediff.com21 Jan 2017

Even as protests raged across Washington, thousands thronged Pennsylvania Avenue on Friday as President Donald Trump and First Lady Melania Trump made their way from the Capitol to the White House.

ADB set to tap Indian bond market

ADB set to tap Indian bond market

Rediff.com11 Dec 2003

The Asian Development Bank is all set to tap the Indian capital market with its maiden bonds issue amounting to over Rs 455 crore (Rs 4.55 billion) and said its loan sanction to the country would go up to $1.7 billion next year.

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

British Indian ex-minister Alok Sharma knighted; 30 more PIOs to be honoured

Rediff.com31 Dec 2022

Sharma was the president of the conference, the first since the Paris Agreement of COP21 that expected parties to make enhanced commitments towards mitigating climate change.