News for 'US Treasury Secretary'

Swiss Count On Federer To Escape US Tariff Bombshell!

Swiss Count On Federer To Escape US Tariff Bombshell!

Rediff.com12 Aug 2025

The Swiss government would not object to tennis legend Roger Federer or FIFA President Gianni Infantino intervening to reduce the country's tariff burden after the US slapped a 39 percent import duty on its goods, President Karin Keller-Sutter said.

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Tariffs on India won't stop Putin or end Ukraine war: US House Committee

Rediff.com16 Aug 2025

The US House Foreign Affairs Committee Democrats stated that imposing tariffs on India will not deter Russian President Vladimir Putin or address Russia's invasion of Ukraine.

Imposed tariffs on India for...: Trump admin tells SC

Imposed tariffs on India for...: Trump admin tells SC

Rediff.com4 Sep 2025

The Trump administration has told the US Supreme Court that it imposed tariffs against India for purchasing Russian energy products as part of its strategy to address the war in Ukraine.

Tariff talks with India going great, think will have deal: Trump

Tariff talks with India going great, think will have deal: Trump

Rediff.com30 Apr 2025

US President Donald Trump has said that tariff negotiations with India are "coming along great," and he thinks the two countries will strike a trade deal.

'China, EU buy more': Jaishankar rejects criticism on Russian oil

'China, EU buy more': Jaishankar rejects criticism on Russian oil

Rediff.com21 Aug 2025

External Affairs Minister S Jaishankar defends India's purchase of Russian oil, stating it is not the largest purchaser and that the US had previously supported such actions to stabilize energy markets. He also addresses concerns about tariffs and trade relations with the US.

Bangladesh court convicts Sheikh Hasina, UK lawmaker niece in land scam

Bangladesh court convicts Sheikh Hasina, UK lawmaker niece in land scam

Rediff.com2 Dec 2025

A Bangladesh court has convicted former Prime Minister Sheikh Hasina and British MP Tulip Siddiq in a land scam case, sentencing them to imprisonment. The verdict also includes other government officials and Hasina's sister, raising questions about extradition and political motivations.

BJP committing 'big sin': Priyanka on Vande Mataram row

BJP committing 'big sin': Priyanka on Vande Mataram row

Rediff.com8 Dec 2025

In a measured but scathing attack, Congress MP Priyanka Gandhi Vadra on Monday accused the Bharatiya Janata Party of committing a 'big sin' by creating a controversy over Vande Mataram and claimed that the government pushed for a debate on the national song as the West Bengal assembly polls were approaching.

Have mechanism to deal with US sanctions on India: Russia

Have mechanism to deal with US sanctions on India: Russia

Rediff.com20 Aug 2025

Russia has a "special mechanism" to confront any challenge arising out of the US slapping punitive measures against India for its procurement of Russian crude oil, Russian charge d'affaires Roman Babushkin said on Wednesday.

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal

Rediff.com2 Sep 2025

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.

Can This Man Improve India-US Relations?

Can This Man Improve India-US Relations?

Rediff.com2 Sep 2025

The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India -- he represents both a challenge and an opportunity, points out Aditi Phadnis.

Chinese ex-minister gets death sentence with reprieve in $38 m graft case

Chinese ex-minister gets death sentence with reprieve in $38 m graft case

Rediff.com28 Sep 2025

All of Tang's personal property will be confiscated and his illegal gains from bribery recovered and turned over to the national treasury, the court said.

Trump introduces 'Gold Card' for permanent US residency

Trump introduces 'Gold Card' for permanent US residency

Rediff.com20 Sep 2025

The Trump administration has launched a premium immigration programme targeting wealthy individuals worldwide, offering permanent residency in the United States through expensive 'Gold Cards' that could generate billions in revenue for the American Treasury.

Can India-US Tariff Issue Be Resolved Amicably?

Can India-US Tariff Issue Be Resolved Amicably?

Rediff.com28 Aug 2025

Communication channels between India and the US are open to resolve the ongoing tariff issues, and the glitch in trade ties is only temporary, given the long-term relationship between the two nations, government sources said on Wednesday. The US' 50 per cent tariffs on Indian exports to America came into effect from August 27, barring a few sectors.

Can Private Bankers Transform Public Sector Banks?

Can Private Bankers Transform Public Sector Banks?

Rediff.com29 Oct 2025

Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.

US Will Eventually Realise India Can't Be Bullied

US Will Eventually Realise India Can't Be Bullied

Rediff.com12 Sep 2025

'Things may get much worse before they get better,' predicts Ajay Chhibber.

Rupee steady versus dollar, but loses ground against euro, pound in 2025

Rupee steady versus dollar, but loses ground against euro, pound in 2025

Rediff.com19 May 2025

The rupee has held its ground against the US dollar in the 2025 calendar year so far, but depreciated significantly against the euro and pound. It fell by 6.83 per cent, and 5.44 per cent against the euro and pound respectively, as the two currencies strengthened significantly against the greenback during the period.

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

Why US will soon become 'penniless'

Why US will soon become 'penniless'

Rediff.com10 Feb 2025

United States President Donald Trump has announced that Washington DC will stop minting pennies, citing their high production cost, which exceeds their face value and termed the practice "wasteful." President Trump said Sunday that he has instructed Treasury Secretary Scott Bessent to "stop producing new pennies."

Trump's $100K H-1B visa hike hits Indian workers hard

Trump's $100K H-1B visa hike hits Indian workers hard

Rediff.com20 Sep 2025

The Trump administration has announced a massive increase in H-1B visa fees, imposing a $100,000 annual charge that will fundamentally alter how American companies hire skilled foreign workers, particularly impacting Indian IT professionals who comprise the largest group of beneficiaries.

Weaker Nations Get Used. Warning For India

Weaker Nations Get Used. Warning For India

Rediff.com17 Sep 2025

'Trump does have a master plan in mind to put pressure on India with the additional tariff of 25 per cent to get Modi to persuade Russian President Vladimir Putin to freeze the Ukraine war.' 'It has not worked so far. By end-September only we'll know for sure the future trajectory of India's oil purchases from Russia,' observes Ambassador M K Bhadrakumar.

At G7 Summit, Modi urges global action against terrorism

At G7 Summit, Modi urges global action against terrorism

Rediff.com18 Jun 2025

Reaffirming India's stand against terrorism, Prime Minister Narendra Modi has urged leaders of the G7 to galvanise global action against terrorism and underscored the need for strict action against those who 'promote and support' it.

Putin will face severe economic consequences if...: Trump warns again

Putin will face severe economic consequences if...: Trump warns again

Rediff.com15 Aug 2025

Trump stated that Russia will face "severe economic consequences" if Putin doesn't show interest in de-escalating the Ukraine conflict.

India Unlikely To Retaliate Against US

India Unlikely To Retaliate Against US

Rediff.com1 Aug 2025

India would neither succumb to the Americans on issues of national security, such as its defence ties with Russia, nor cede ground on its domestic interests in the agriculture and dairy sectors.

Trump says Ukraine-Russia land swaps may be discussed, Kyiv to decide

Trump says Ukraine-Russia land swaps may be discussed, Kyiv to decide

Rediff.com16 Aug 2025

Trump reiterated that he is not negotiating on behalf of Ukraine, but rather aiming to bring the parties to the negotiating table.

US, Ukraine finally sign rare earth minerals deal

US, Ukraine finally sign rare earth minerals deal

Rediff.com1 May 2025

The United States and Ukraine have signed an 'economic partnership agreement,' giving Washington, DC access to Ukraine's rare earth minerals in return for creating an investment fund in the country, CNN reported.

No tariffs, no US sales: Trump's warning to Apple on India production

No tariffs, no US sales: Trump's warning to Apple on India production

Rediff.com24 May 2025

US President Donald Trump has threatened to impose tariffs on Apple products if the tech giant does not shift iPhone production from India to the United States. Trump said he expects iPhones sold in the US to be manufactured in America and not India, or anyplace else. He also said that he had a "little problem" with Apple CEO Tim Cook for building manufacturing facilities in India. Cook had previously said that the majority of iPhones sold in the US would have India as their country of origin. Experts say that shifting production to the US would be more expensive than assembling iPhones in India.

Trump admits to 'transition problems' with tariff plan

Trump admits to 'transition problems' with tariff plan

Rediff.com11 Apr 2025

Amid the tumbling stock market in the United States, following the White House clarification of tariffs on China to be at least 145 per cent and an earlier announcement of a 90-day pause on tariffs for over 75 countries, President Donald Trump addressed the challenges associated with his tariff policy, stating that there would be 'transition problems'.

The Finance Minister Who Changed India

The Finance Minister Who Changed India

Rediff.com28 Dec 2024

Dr Manmohan Singh first embossed himself on the national consciousness when as India's finance minister he flagged off economic reforms which changed this nation forever.

Reforms initiatives very promising: US Treasury Secy

Reforms initiatives very promising: US Treasury Secy

Rediff.com9 Oct 2012

The other recent reforms initiative of the government include the decision to raise FDI cap in insurance from 26 to 49 per cent and allowing foreign investment in pension.

Obama nominates Jack Lew as new US treasury secy

Obama nominates Jack Lew as new US treasury secy

Rediff.com11 Jan 2013

United States President Barack Obama, in an effort to rejuvenate the battered US economy, on Thursday nominated his chief-of-staff and budget specialist Jack Lew as the next treasury secretary.

Now, Trump threatens India with 'secondary sanctions'

Now, Trump threatens India with 'secondary sanctions'

Rediff.com7 Aug 2025

United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.

Shah talked about Nehru, Indira, but didn't...: Priyanka tears into govt

Shah talked about Nehru, Indira, but didn't...: Priyanka tears into govt

Rediff.com29 Jul 2025

Congress leader Priyanka Gandhi Vadra launched a scathing attack on the government regarding the Pahalgam terror attack, questioning intelligence failures and demanding accountability.

Graft charges: UK ex-minister Tulip seeks meet with B'desh chief advisor

Graft charges: UK ex-minister Tulip seeks meet with B'desh chief advisor

Rediff.com8 Jun 2025

Yunus will meet King Charles and see Keir Starmer in Downing Street during his four-day visit to the UK from June 10-13.

Nirmalaji Makes Her Point To The US

Nirmalaji Makes Her Point To The US

Rediff.com12 Apr 2023

Finance Minister Nirmala Sitharaman on Tuesday, April 11, 2023, met with US Treasury Secretary Janet Yellen in Washington, DC.

Trump, Xi hold talks, agree to resume trade negotiations

Trump, Xi hold talks, agree to resume trade negotiations

Rediff.com6 Jun 2025

The call lasted approximately one and a half hours, and resulted in a very positive conclusion for both countries.

Tariffs are integral to Trump's vision for US economy

Tariffs are integral to Trump's vision for US economy

Rediff.com23 Apr 2025

Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan.

Obama, McCain eye Buffett as next treasury chief

Obama, McCain eye Buffett as next treasury chief

Rediff.com8 Oct 2008

Though Buffett, chief of the Berkshire Hathaway holding company, supported Obama in the race for the White House, McCain was all praise for Buffett's contribution to the global economic crisis.

100% tariff from India: US ahead of April 2 deadline

100% tariff from India: US ahead of April 2 deadline

Rediff.com1 Apr 2025

The White House has said India imposes a 100% tariff on American agricultural products and the high levies charged by other countries make it "virtually impossible" for US products to be exported to those nations. President Donald Trump has repeatedly criticised the high tariffs charged by India and other countries on American goods. He plans to roll out a set of reciprocal tariffs on April 2, which he says will be "Liberation Day" for the US.

Declined Trump's invite to US for Lord Jagannath: Modi in Odisha

Declined Trump's invite to US for Lord Jagannath: Modi in Odisha

Rediff.com20 Jun 2025

According to Misri's statement, Modi said he could not accept the invitation due to a pre-existing schedule, and invited Trump to visit India for the Quad Summit, likely later this year.

US sanctions Indian national for shipping Iranian oil

US sanctions Indian national for shipping Iranian oil

Rediff.com11 Apr 2025

The US has sanctioned an Indian national based in the United Arab Emirates and two India-based entities for operating as part of Iran's shadow fleet and involved in shipping Iranian oil. The US Department of the Treasury said Jugwinder Singh Brar, who owns multiple shipping companies, operates as part of Iran's shadow fleet, which the US said is used to evade sanctions and transport Iranian oil. Brar also owns or controls India-based shipping company Global Tankers Private Limited and petrochemical sales company B and P Solutions Private Limited. The sanctions come as part of a US campaign of maximum pressure on Iran and target the country's petroleum and petrochemical sectors.