• 01 May, 2024
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India’s economy recovered strongly despite 3 COVID waves, says US Treasury report

Washington, Jun 11 (PTI) The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute second wave weighed…

Russia headed for recession, closed economy despite rouble rebound, U.S. says

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -Punishing sanctions imposed by the United States and its allies on Moscow for invading Ukraine are pushing Russia into recession and starting…

Japan, U.S. finance chiefs pledge “maximum costs” for Russia

TOKYO (Reuters) -Japan and the United States pledged on Tuesday to work together to force Russia to "pay the high price" for its invasion of Ukraine, Finance Minister Shunichi Suzuki…

US slaps individual sanctions on Putin, Russian Foreign Minister Lavrov

Washington, Feb 26 (PTI) In a rare move, the US has slapped sanctions on Russian President Vladimir Putin and his foreign minister Sergey Lavrov, holding them "directly responsible" for Moscow's "unprovoked…

U.S. Treasury’s Yellen raised ‘issues of concern’ with Chinese Vice Premier Liu – statement

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen "frankly raised issues of concern" in a virtual meeting on Monday with Chinese Vice Premier Liu He, the U.S. Treasury said in…

France to push for deal on tax reform details at next G20 meeting – minister

CERNOBBIO, Italy (Reuters) - France will do its best to reach a deal at next G20 meeting on the technical parameters for a global tax reform, which aims to change…

Exclusive-U.S. Treasury issued new license to ease flow of aid in Afghanistan

By Daphne Psaledakis WASHINGTON (Reuters) - The United States last week issued a license authorizing it and its partners to continue to facilitate humanitarian aid in Afghanistan, a Treasury Department…

Biden administration freezes USD 9.5 bn of Afghan reserves to block Taliban access to funds

Washington [US], August 18 (ANI): The Biden administration on Tuesday froze about USD 9.5 billion of Afghan reserves to keep cash away from the Taliban after it captured Afghanistan. US…

US, India have shared interest in robust global minimum tax: US Treasury Secy to FM Sitharaman

Washington DC [US], June 30 (ANI): US Secretary of the Treasury Janet Yellen spoke with Finance Minister Nirmala Sitharaman on Tuesday and discussed that the US and India have a…