China, the biggest foreign holder of US debt has trimmed its portfolio to $1.15 trillion to diversify its foreign reserve portfolio to avoid risks.
Take the rediff quiz and find out how much you know about budget.
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.
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.
Vikram Pandit-led Citigroup has came under fire from the US President Barack Obama and his administration for purchasing a $50 million jet plane.
According to the US treasury department, India has slashed its holdings to $31.6 billion in February, while it was at $32.7 billion in January.
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.
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.
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.
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.
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.
'The global situation is not very good.'
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".
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".
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.
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.
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.
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.
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.
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 sanctions Mexico captain Rafa Marquez for alleged drug ties 'I deny categorically any type of relation with this organization'
The move has apparently been taken in view of the drug peddler's attempts to enter the US for setting up business. \n\n
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.
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.
In December, Aisha Shah was named as Partnerships Manager at the White House Office of Digital Strategy.
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.
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.
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.
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!
'The banking channel is gradually becoming the most preferred way of transaction for terrorist outfits.'
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.
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 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.
The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.
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.
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.
Retail investors should continue to invest in accrual schemes like cash and floating rate funds.
The Gupta family has relocated to Dubai amid corruption charges against them in South Africa.
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.
Overseas transactions were used by the September 11 hijackers to wire more than $ 130,000, officials said.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances