News for 'Treasury Department'

Tillerson's India visit: China top of agenda

Tillerson's India visit: China top of agenda

Rediff.com21 Oct 2017

'We appreciate his positive evaluation of the relationship and share his optimism about its future directions.' 'We look forward to welcoming him in India next week for detailed discussions on further strengthening of our partnership,' the MEA said on Friday.

How outsourcing raises US banks' operational risks

How outsourcing raises US banks' operational risks

Rediff.com31 Oct 2013

Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.

Rishi Sunak warns of 'very difficult decisions' in first cabinet meet

Rishi Sunak warns of 'very difficult decisions' in first cabinet meet

Rediff.com26 Oct 2022

Prime Minister Rishi Sunak on Wednesday held his first Cabinet meeting with the new team as he prepares for his debut at Prime Minister's Questions, the first big test of Britain's Indian-origin premier's leadership.

India's deep discounts on Russian crude will stay

India's deep discounts on Russian crude will stay

Rediff.com6 Dec 2022

Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.

Chouhan faces big challenges in fourth term as CM

Chouhan faces big challenges in fourth term as CM

Rediff.com8 Apr 2020

The COVID-19 pandemic, weak economic conditions, and a few political considerations are some of the challenges he faces.

Court dashes Lalu's hopes of release before Bihar poll results

Court dashes Lalu's hopes of release before Bihar poll results

Rediff.com6 Nov 2020

The Jharkhand high court on Friday deferred till November 27 Rashtriya Janata Dal chief Lalu Prasad's bail plea hearing in a fodder scam case related to Dumka treasury, after the Central Bureau of Investigation sought more time to file a written reply in the matter.

Bihar assembly speaker, minister engage in an unusual spat

Bihar assembly speaker, minister engage in an unusual spat

Rediff.com17 Mar 2021

Speaker Vijay Kumar Sinha, who was a minister himself in the previous National Democratic Alliance government, was visibly shaken at the disdain shown towards the Chair by Samrat Chaudhary who holds the Panchayati Raj portfolio.

SBI launches its first dedicated branch for start-ups in Bengaluru

SBI launches its first dedicated branch for start-ups in Bengaluru

Rediff.com16 Aug 2022

State Bank of India (SBI) on Tuesday announced the launch of its first "state-of-the-art" dedicated branch for start-ups in the country here, to facilitate and support them. The branch launched by SBI chairman Dinesh Khara is located in Koramangala, which alongside neighbouring HSR Layout and Indiranagar are the biggest start-up hubs in the city. "...overall we are in a position to provide end-to-end services to start-ups, with that in mind this particular start-up branch is the first start-up branch we are starting, from the capital city of start-ups- Bengaluru.

US designates 3 Pakistanis as global terrorists

US designates 3 Pakistanis as global terrorists

Rediff.com1 Aug 2018

LeT commander Abdul Rehman al-Dakhil was named as a Specially Designated Global Terrorist (SDGT) by the Department of State.

'China in close contact with India on Azhar's UN ban issue'

'China in close contact with India on Azhar's UN ban issue'

Rediff.com19 May 2016

China on Thursday said it was in "close" contact with India over its efforts to put Masood Azhar on the United Nations list of proscribed terrorists, as it expressed willingness to step up bilateral counter-terrorism cooperation in response to President Pranab Mukherjee's call.

Former Pak ministers Shah Mehmood Qureshi, Fawad Chaudhry arrested

Former Pak ministers Shah Mehmood Qureshi, Fawad Chaudhry arrested

Rediff.com11 May 2023

A video shared by Qureshi's Pakistan Tehreek-e-Insaf (PTI) party on Twitter shows plain-clothed men taking him away, with him waving at party workers before departing from the location where he was detained.

US accounts for over 1/4th of global COVID-19 deaths

US accounts for over 1/4th of global COVID-19 deaths

Rediff.com25 Apr 2020

Despite accounting for the largest number of fatalities, the death rate, however, in the US is much lower than other countries.

What the World Expects From the Taliban

What the World Expects From the Taliban

Rediff.com6 Sep 2021

The world's attention is on the new Taliban and the imminent announcement of an inclusive government in Kabul, observes Ambassador M K Bhadrakumar

Texas plumber, whose Ford ended up as ISIS war machine, sues dealer

Texas plumber, whose Ford ended up as ISIS war machine, sues dealer

Rediff.com15 Dec 2015

A plumbing company in the American state of Texas has sued a Ford dealership in Houston for over $1 million (Rs 1.68 crore) after Islamic State terrorists were seen using his old truck, thousands of kilometres away in strife-torn Syria.

India may seek help of US for Dawood extradition

India may seek help of US for Dawood extradition

Rediff.com1 Oct 2014

India may seek US' help for extradition of Dawood Ibrahim, the mastermind of 1993 Mumbai blasts, as they vowed to make "joint and concerted efforts" to dismantle safe havens for terror and criminal networks like Lashkar-e-Tayiba, Jaish-e-Mohammed, D-company, Al-Qaeda and Haqqani network.

'How Long Should I Wait For An IPO?'

'How Long Should I Wait For An IPO?'

Rediff.com28 Apr 2022

'Had there been no war, maybe, we would come out with a 7.5 per cent stake sale.' 'At this point in time, a 3.5 per cent stake sale looked good.'

A Week In The Life Of A PSU Banker

A Week In The Life Of A PSU Banker

Rediff.com12 May 2023

'The CM kept his cool, but his adviser was liberal with filthy language.' Tamal Bandyopadhyay recreates the diary of a general manager in a public sector bank, providing a glimpse of how they balance their work and life.

Raising funds for jihad is treason, rules Lahore HC

Raising funds for jihad is treason, rules Lahore HC

Rediff.com27 Jan 2022

Inciting the public to raise funds for jihad (holy war) is not allowed to individuals or any organisation in Pakistan and is considered as treason, the Lahore high court has ruled even as it dismissed appeals of two terrorists convicted for raising funds for a proscribed terror outfit.

'Trump ready for any steps if Pak doesn't mend its ways'

'Trump ready for any steps if Pak doesn't mend its ways'

Rediff.com5 Oct 2017

Mattis also warned Pakistan of global "diplomatic isolation" and losing its Non-NATO ally status if it failed to take action against safe havens to terrorists on its soil.

India can become the largest economy in the world: Facebook COO

India can become the largest economy in the world: Facebook COO

Rediff.com30 Jun 2014

Modi had also said recently that there is a need to administer "bitter medicine" to revive the ailing economy.

Biden picks retired Army general Lloyd Austin to run Pentagon

Biden picks retired Army general Lloyd Austin to run Pentagon

Rediff.com8 Dec 2020

If confirmed by the Senate, the 67-year-old career military officer would be the first African-American to lead the Department of Defence.

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Rediff.com4 Aug 2023

Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."

Trump declares North Korea state sponsor of terrorism

Trump declares North Korea state sponsor of terrorism

Rediff.com21 Nov 2017

The US president puts Pyongyang back on list of state sponsors of terrorism for first time since 2008.

US designates LeT's Abdul Rehman al-Dakhil as global terrorist

US designates LeT's Abdul Rehman al-Dakhil as global terrorist

Rediff.com31 Jul 2018

The designation seek to deny Dakhil the resources to plan and carry out terrorist attacks.

Cong urges Muslim community to back it in Guj polls, asks to defeat AIMIM, AAP

Cong urges Muslim community to back it in Guj polls, asks to defeat AIMIM, AAP

Rediff.com21 Jul 2022

State Congress president Jagdish Thakor urged Muslim leaders, including Pirzada, to frame a time-bound programme targeting 60 assembly seats with sizable Muslim population.

26/11 mastermind Hafiz Saeed to walk free from house arrest

26/11 mastermind Hafiz Saeed to walk free from house arrest

Rediff.com23 Nov 2017

The board rejected the government's plea to extend his detention for another 3 months.

China blocks Indo-US proposal to list Pak-based Makki a global terrorist

China blocks Indo-US proposal to list Pak-based Makki a global terrorist

Rediff.com17 Jun 2022

Makki is a US-designated terrorist and brother-in-law of Lashkar-e-Tayiba chief and 26/11 mastermind Hafiz Saeed.

China stalls India, US bid to blacklist JeM chief's brother

China stalls India, US bid to blacklist JeM chief's brother

Rediff.com11 Aug 2022

China has put a hold on a proposal by the United States and India at the United Nations to blacklist Abdul Rauf Azhar, the brother of Jaish-e Mohammed (JEM) chief Masood Azhar and a senior leader of the Pakistan-based terror organisation.

Companies staring at unhedged forex exposure

Companies staring at unhedged forex exposure

Rediff.com7 Jun 2013

While the rupee depreciation in 2012 persuaded many companies in taking hedges against their foreign currency loans, industry analysts feel it might not be sufficient to counter the swift slide in the value of the local currency.

There will be 'a report' on Khashoggi's murder by Tue: Trump

There will be 'a report' on Khashoggi's murder by Tue: Trump

Rediff.com18 Nov 2018

The report will address what 'we think the overall impact was and who caused it, and who did it', Trump said.

Mumbai terror attack handler Majeed Mir awarded 15-yr jail in Pakistan

Mumbai terror attack handler Majeed Mir awarded 15-yr jail in Pakistan

Rediff.com25 Jun 2022

Mir was called "project manager" of the Mumbai attacks.

Lalu sentenced to 14 years in prison in 4th fodder scam case

Lalu sentenced to 14 years in prison in 4th fodder scam case

Rediff.com24 Mar 2018

The court had on March 19 held the 69-year-old Rashtriya Janata Dal chief guilty along with 18 others in connection with the case - RC 38 A/96.

Govt saved Rs 10,000 crore in interest costs in FY22

Govt saved Rs 10,000 crore in interest costs in FY22

Rediff.com9 Jun 2022

Union finance secretary T V Somanathan recently said the Centre had saved Rs 10,000 crore in FY22 on interest payments after adopting new accounting mechanisms for central government agencies and centrally sponsored schemes (CSS) for state governments. Speaking at an event, Somanathan said due to these, there was an unspent balance of Rs 1.2 trillion with state agencies from CSS as on March 31, 2022. This means this amount will be reduced from the Centre's borrowing for now and it can be considered a short-term saving for the exchequer.

India's US govt debt holding dips to $58.9 bn

India's US govt debt holding dips to $58.9 bn

Rediff.com18 Dec 2012

As per the latest data released by the US Department of Treasury, India's holding of treasury securities stood at $58.9 billion (over Rs 3,20,000 crore) at the end of October 2012 -- marking the second straight month of decline after an uptrend for seven continuous months.

Ukraine crisis: US and allies target Putin's daughters, Russian banks

Ukraine crisis: US and allies target Putin's daughters, Russian banks

Rediff.com7 Apr 2022

These sweeping financial sanctions follow the action earlier this week to cut off Russia's frozen funds in the United States to make debt payments.

America's toughest ever sanctions on Iran come into force

America's "toughest ever" sanctions on Iran come into force

Rediff.com5 Nov 2018

The sanctions have a singular purpose, denying the world's largest state sponsor of terrorists the capacity to do things like they did this past couple weeks, attempted assassination campaign in the heart of Europe, said US Secretary of State Mike Pompeo.

Indian-Americans taking over US, says Biden

Indian-Americans taking over US, says Biden

Rediff.com5 Mar 2021

Indian-Americans are taking over the country, United States President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.

Will Kerala Go North-East Way To BJP?

Will Kerala Go North-East Way To BJP?

Rediff.com13 Mar 2023

If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.

First action in Khashoggi 'killing': US to revoke Saudi visas

First action in Khashoggi 'killing': US to revoke Saudi visas

Rediff.com24 Oct 2018

The US has identified at least some of the individuals responsible for Khashoggi's death.

US adds India to currency watch list

US adds India to currency watch list

Rediff.com14 Apr 2018

It said New Delhi increased its purchase of foreign exchange over the first three quarters of 2017 which does not appear necessary.