China BLOCKS US-India move to blacklist Pak-based Lashkar-e-Taiba terrorist Shahid Mahmood as ‘global terrorist’
This is the fourth time in as many months that China has put a hold on listing proposals to designate Pakistan-based terrorists under the 1267 Al Qaeda Sanctions Committee regime. The US Treasury Department designated Mahmood a global terrorist in December 2016.
Oct 19, 2022, 10:30 AM IST
US public debt at record high above $22 trillion
The amount of the debt as of February 11 was quoted in a daily statement by the department on Tuesday.
Feb 13, 2019, 09:20 AM IST
Trump to choose Treasury's Malpass to lead World Bank: sources
David Malpass, or any other US nominee, would still need to win approval from the World Bank`s 12-member executive board.
Feb 05, 2019, 12:31 PM IST
US, Gulf Arab states place sanctions on Hezbollah leadership
Last October, the group had announced joint sanctions on top Islamic State and Al-Qaeda figures in Yemen.
May 17, 2018, 08:27 AM IST
India's exposure to US securities touch a high of $124 billion
The latest data available with the US Treasury Department show that India's exposure jumped by USD 7 billion to USD 124.1 billion in April. The country had holding to the tune of USD 117.1 billion in March.
Jun 25, 2017, 15:29 PM IST
ISIS chief recruiter in Indian subcontinent Mohammad Shafi Armar named global terrorist by US
Fugitive chief recruiter for terror group ISIS in the Indian subcontinent was on Thursday named global terrorist by the US.
Jun 15, 2017, 21:30 PM IST
US warns EU ahead of Apple tax evasion ruling
As Brussels is slated to deliver a verdict next month on Apple and other US companies for evading billions of pounds in taxes, the US Treasury Department has warned the European Commission (EU) about taking such action.
Aug 25, 2016, 10:38 AM IST
Despite slump in oil prices, know how ISIS is still the richest terror group in the world
ISIS made a whopping USD 2.4 billion in 2015 despite losing territory by simply adjusting its business from oil to taxes and is still the richest terror group on the planet, according to a report.
Jun 03, 2016, 11:49 AM IST
'ISIS made $2.4 billion in 2015; richest terror group in world'
ISIS made a whopping USD 2.4 billion in 2015 despite losing territory by simply adjusting its business from oil to taxes and is still the richest terror group on the planet, according to a report.
Jun 02, 2016, 18:59 PM IST
US lifts ban on foreign units of American companies operating in Iran
The United States will allow foreign subsidiaries of American companies to trade with Iran as part of sanctions relief granted under an international nuclear deal, the U.S. Treasury Department said on Saturday.
Jan 17, 2016, 17:41 PM IST
White House delays imposing new sanctions on Iran: Report
The White House has delayed imposing new financial sanctions on Iran over its ballistic-missile programme, The Wall Street Journal reported on Thursday.
Jan 01, 2016, 09:37 AM IST
India lowers exposure to US government bonds
India further trimmed its holdings of the US government securities to USD 115.6 billion in August amid continuing global economic uncertainties.
Oct 22, 2015, 20:17 PM IST
New reform agenda has strengthened Indian economy: US
Amid weaker outlook across emerging market economies, India's recovery has strengthened under a new reform agenda, but it is not yet a "major driver" of global growth, a US Treasury Department report has said.
Oct 20, 2015, 08:23 AM IST
US govt to run out of borrowed money on Nov 5: Treasury
On November 5, the Treasury would be left to fund the government with less than USD30 billion. This amount would be far short of net expenditures on certain days which can be as high as USD60 billion, Treasury Secretary Jacob Lew said in a letter to Congress.
Oct 02, 2015, 06:37 AM IST
UBS pays $1.7 mn for `apparent` sanctions violations
The Swiss bank UBS has agreed to pay US authorities $1.7 million to settle "apparent" violations of rules banning transactions benefiting officially designated terrorists, the Treasury Department said Thursday.
Aug 28, 2015, 02:08 AM IST
PayPal to pay $7.7 million in US Treasury sanctions case
PayPal, the electronic payments firm, agreed to pay $7.7 million to settle charges by the U.S. Treasury Department that it violated numerous sanctions programs against countries that include Iran, Cuba and Sudan, Treasury said on Wednesday.
Mar 26, 2015, 10:11 AM IST
India cuts exposure to US govt securities at $77.5 bn in Oct
Apart from India, other BRICS nations -- Brazil, Russia, China and South Africa -- cut down their holdings of American government securities.
Dec 21, 2014, 13:23 PM IST
India's holdings of US securities touch 1-year high of $72.9 billion
Increasing its exposure, India held American government securities worth nearly USD 73 billion in June which is also the highest level in one year.
Aug 19, 2014, 18:18 PM IST
US watchdog calls bitcoin ''Wild West'' of finance
Virtual currencies such as bitcoin are the "Wild West" of financial products because of risks including huge swings in exchange rates, the U.S. Consumer Financial Protection Bureau said on Monday.
Aug 12, 2014, 00:34 AM IST
