US, India to cooperate on checking tax evasion, terror fundingIndia and the US have agreed to enhance cooperation on tackling offshore tax evasion through information sharing and joint audits.
Global risks play bigger part in US Federal Reserves rate outlookYellen and US Treasury Secretary Jacob J. Lew were among the participants at the Group of 20 meeting.
India, US pledge to combat terror funding to LeT, JuD, DawoodIndia and the US pledged to jointly target financial networks and fund raising by Pak-based terrorist organisations like LeT and JuD, as al...
India, US will gain from each other's growth: Jacob J LewStating that India and the US are two important drivers of global growth, American Treasury Secretary Jacob J Lew today said that both the ...
World economy in worst shape in two years, euro area deteriorating: SurveyInflation was 1.4% in the US in September, as measured by the personal-consumption expenditures price index that the Federal Reserve prefer...
Savage battle rages in Iraq for control over nation's biggest oil refineryThe capture of the refinery would provide a potentially rich source of income for ISIS, which already profits from its control of oil resou...
US Treasury Secretary Jacob Lew urges China to ease controls on renminbiIn March, the PBOC widened the daily trading band of the currency, increasing the amount the currency is allowed to rise or fall each day.
G-20 central banks pledge on better communication post Rajan critiqueThe commitment to more transparency came a day after Raghuram Rajan & Ben Bernanke publicly sparred over coordination needed on policy shif...
Palladium climbs to highest level since 2011; gold slipsPalladium gained 12% this year as the threat of disruptions in Russian shipments compounded supply concerns fuelled by a strike by miners i...
US debt ceiling: What we wake up to on October 18While India has a total exposure of $59.3 billion to US Treasury Securities, China and Japan have it at $1.1 trillion each as of July 2013.
- October 07, 2013: Mecklai Financial report on rupee
The $/rupee could not cross the support of 61.20 to edge lower and took that support to move higher to 61.80 levels today. The support for ...