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.
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.
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 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 banking channel is gradually becoming the most preferred way of transaction for terrorist outfits.'
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 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.
Retail investors should continue to invest in accrual schemes like cash and floating rate funds.
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.
In December, Aisha Shah was named as Partnerships Manager at the White House Office of Digital Strategy.
Overseas transactions were used by the September 11 hijackers to wire more than $ 130,000, officials said.
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.
The US Treasury Department said Ibrahim has links with Al Qaeda and finances the activities of Lashkar-e-Tayiba and other terrorist organisations.
The Gupta family has relocated to Dubai amid corruption charges against them in South Africa.
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.
'The global situation is not very good.'
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.
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.
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.
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.
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.
The US on Friday slapped sanctions against two Indians, including a brother of underworld don Dawood Ibrahim, and a Pakistan-based paper company for their ties with D Company.
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".
'No one in this administration, not the President nor anyone on the national security team, would suggest that the Taliban are respected and valued members of the global community'
The country has reduced its holding of American treasury bills by as much as $1.9 billion compared to July when it stood at $58.9 billion.
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.
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.
India increased its exposure to American government securities to $59.9 billion in October, the highest in four months, notwithstanding uncertainties in the world's largest economy.
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.
This is for the first time that the US has slammed sanctions against an ISIS leader in India.
Still the Reserve Bank of India will operate as usual and can provide funds via its overnight repo window, traders also said.
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.
It is learnt that China placed a hold on the proposal by India and the US to designate Mahmood as a global terrorist under the 1267 Al Qaeda Sanctions Committee of the UN Security Council.
'It has been an ongoing process, talking to the relevant ministries about eliminating leakages and curbing non-core expenditure in various schemes.'
Rishi Sunak, the former UK chancellor of the exchequer, on Friday formally launched his leadership bid to succeed Boris Johnson as the new Conservative Party leader and future British prime minister.
Several opposition MPs on Wednesday demanded an explanation from Home Minister Amit Shah after two visitors jumped into the Lok Sabha chamber from the visitors' gallery and opened canisters that emitted coloured smoke, triggering panic among the members.
A US special envoy met senior Taliban representatives in Tashkent, Uzbekistan, and discussed the issue of Afghan central bank reserves.
