News for 'US Department of Treasury'

PNB scam: CBI seeks details of nostro transactions from 5 banks

PNB scam: CBI seeks details of nostro transactions from 5 banks

Rediff.com26 Feb 2018

The agency on Monday questioned three general managers of the Punjab National Bank who have handled the -International Banking Division and Treasury department of the bank, officials said without revealing their identity.

US, Asia must fight meltdown together: McCormick

US, Asia must fight meltdown together: McCormick

Rediff.com17 Dec 2008

David H McCormick, under secretary for international affairs at the US Department of Treasury, said on Tuesday that in an era of global trade and investment both the US and Asia need each other to maintain strong economic growth. McCormick was speaking at the Asia Society on 'US-Asia Economic Relations -- the Next Chapter,'.

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.

Court defers service tax dept plea against Mallya to March 28

Court defers service tax dept plea against Mallya to March 28

Rediff.com11 Mar 2016

No one appeared for Mallya and Kingfisher Airlines on Friday.

Blow to Lalu, SC orders separate trial in fodder scam case

Blow to Lalu, SC orders separate trial in fodder scam case

Rediff.com9 May 2017

Prasad will face charges including criminal conspiracy and fraud in the fresh trial.

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.

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.

CIA concludes Saudi Crown Prince ordered murder of Khashoggi: Report

CIA concludes Saudi Crown Prince ordered murder of Khashoggi: Report

Rediff.com17 Nov 2018

The CIA found that 15 Saudi agents flew on government planes to Istanbul and carried out the killing at the Saudi consulate, the report said, adding that it could complicate President Donald Trump's efforts to preserve US ties with one of the closest American allies in the region.

'Cool' Kochhar set to take on the mantle

'Cool' Kochhar set to take on the mantle

Rediff.com20 Dec 2008

The 46-year-old, who grew up in Jaipur aspiring to be an IAS officer, is known to put in long hours.

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.

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!

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.

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.

Jaswant to resolve tax refunds row

Jaswant to resolve tax refunds row

Rediff.com9 Jul 2003

Bank strike may hit trading volumes on Nov 12

Bank strike may hit trading volumes on Nov 12

Rediff.com11 Nov 2014

Still the Reserve Bank of India will operate as usual and can provide funds via its overnight repo window, traders also said.

SBI lures CAs, lawyers with hefty pay package

SBI lures CAs, lawyers with hefty pay package

Rediff.com2 Jan 2008

During the probation period of six months, CAs will get a lump sum payment of Rs 50,000 a month.

US says Fed not involved in clearing India's Iran oil dues

US says Fed not involved in clearing India's Iran oil dues

Rediff.com24 Jun 2014

The comment was in response to a June 19 Reuters story citing sources with knowledge of the matter as saying that India planned to clear some oil payments to Iran through the United Arab Emirates central bank.

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.'

US freezes assets of LTTE front; SL hails move

US freezes assets of LTTE front; SL hails move

Rediff.com16 Nov 2007

The TRO's efforts worldwide have reportedly allowed the LTTE to use humanitarian aid, which it collected for the international community after the December 2004 tsunami, to launch new campaigns to strengthen the LTTE's military capacity.

Hafiz Saeed's party barred from taking part in Pakistan polls

Hafiz Saeed's party barred from taking part in Pakistan polls

Rediff.com13 Jun 2018

The interior ministry had opposed enlisting of the MML as a political party, arguing that it is an offshoot of the banned JuD.

US slaps sanctions on companies supporting Iran

US slaps sanctions on companies supporting Iran

Rediff.com13 Dec 2013

The US has slapped sanctions against a number of international companies and individuals for evading sanctions against Iran and for providing support for its contentious nuclear programme.

Are you a finance professional?

Are you a finance professional?

Rediff.com10 Dec 2004

Tata Motors Limited is looking for finance professionals.

Priti Patel named UK's 1st Indian-origin Home Secretary

Priti Patel named UK's 1st Indian-origin Home Secretary

Rediff.com25 Jul 2019

In a cabinet that was already being touted as the most diverse in British history, Priti Patel became the first Indian-origin home secretary with Pakistani-origin Sajid Javid moving from the UK Home Office to become the new chancellor.

US economy is growing within 5 years of collapse: Obama

US economy is growing within 5 years of collapse: Obama

Rediff.com13 Nov 2013

Five years after the catastrophic collapse of the Wall Street, the American economy is growing and the businesses are creating jobs, Obama said yesterday while nominating Timothy Massad to run the Commodity Futures Trading Commission.

Fodder scam files go missing, FIR registered

Fodder scam files go missing, FIR registered

Rediff.com8 Jun 2016

A first information report has been lodged in connection with the theft of about 500 files of Bihar's animal husbandry directorate which are supposedly related to the multi-crore fodder scam.

Want to become a Master of Finance?

Want to become a Master of Finance?

Rediff.com19 Oct 2004

Alert: The two-year full-time Master of Finance and Control Programme for 2005-2007, from the Department of Financial Studies, University of Delhi South Campus.

US offers Rs 127 crore reward for info on 4 Islamic State leaders

US offers Rs 127 crore reward for info on 4 Islamic State leaders

Rediff.com6 May 2015

The United States has offered rewards amounting to USD 20 million (around Rs 127 crore) for tips on whereabouts of four top leaders of the Islamic State, a day after the terror group claimed responsibility for its first attack on American soil.

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.

Pakistan bans Hafiz Saeed-led JuD and its charity wing

Pakistan bans Hafiz Saeed-led JuD and its charity wing

Rediff.com21 Feb 2019

The JuD is believed to be the front organisation for the Lashkar-e-Tayiba.

Pak's anti-terror court grants bail to Hafiz Saeed

Pak's anti-terror court grants bail to Hafiz Saeed

Rediff.com15 Jul 2019

The Anti-Terrorism Court in Lahore granted interim bail to Saeed and his aides -- Hafiz Masood, Ameer Hamza, and Malik Zafar -- until August 31 against surety bonds of Rs 50,000 each, Dawn newspaper reported.

'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.

50 convicted in a fodder scam case

50 convicted in a fodder scam case

Rediff.com12 Apr 2006

For the first time, the main accused in 23 cases was convicted.

Trump declares national emergency to build border wall

Trump declares national emergency to build border wall

Rediff.com16 Feb 2019

Trump's move followed a rare show of bipartisanship on Thursday when legislators voted to fund large swaths of the government and avoid a repeat of the recent five-week government shutdown.

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.

Why Urjit Patel said, 'I quit'

Why Urjit Patel said, 'I quit'

Rediff.com10 Dec 2018

The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.

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.

Senate okays Mulford as envoy to India

Senate okays Mulford as envoy to India

Rediff.com12 Dec 2003

During his confirmation hearing, David Campbell Mulford made it clear that it will be realistic to accept India as a nuclear power.

26/11 mastermind Hafeez Saeed arrested in Pak

26/11 mastermind Hafeez Saeed arrested in Pak

Rediff.com17 Jul 2019

Saeed, has been moved to an unknown location.

Indian CEO team to visit US to revitalise bilateral ties

Indian CEO team to visit US to revitalise bilateral ties

Rediff.com23 Jul 2014

Led by Ajay Shriram, chairman and senior managing director, DCM Shriram, the CEO's delegation seeks to convey to their American counterparts the sense of optimism amongst Indian industry.