India abstains from voting on Pakistan’s bailout package at IMF meetingIndia abstained from the IMF's lending program for Pakistan, raising concerns about Pakistan's history of unsuccessful IMF programs and pot...
09 May, 2025, 09.34 PM IST
Greek banks are down to their final 500 million eurosGreek banks are currently closed and the government has implemented capital controls limiting the amount of money people can take out of AT...
03 Jul, 2015, 12.59 PM IST
IMF, World Bank to provide financial assistance to Ukraine"Today's agreement in Minsk and the IMF's agreement with Ukraine will pave the way for a more stable economic and development environment, ...
13 Feb, 2015, 09.02 AM IST
- Stimulus impact will be delayed: White House
Senior White House adviser David Axelrod said the recession in the US is gaining momentum and it will take time for the $787 billion stimul...
16 Feb, 2009, 03.51 AM IST
- Despite new bailout, banks likely to need more money
That seems to be the consensus among investors and financial analysts after the Obama admin unveiled its highly anticipated bank bailout. D...
11 Feb, 2009, 05.02 AM IST
- US Treasury rolls out revamped bank rescue plan
Geithner said leaders of some firms that have received money had squandered the faith that is needed to make the rescue effective. Details ...
10 Feb, 2009, 10.09 PM IST
- US financial rescue plan to impose tougher rules: Report
The government would convert preferred shares it received from many financial firms into common stock - effectively swapping debt for equit...
08 Feb, 2009, 05.00 AM IST
- Will $700 bn bailout work? We may never know
We may never know whether the government's $700 billion bailout of the financial industry worked, according to a new report from congressio...
31 Jan, 2009, 02.42 AM IST
- US investors less confident in rescues: Survey
US investors are growing leery of the goverment's financial rescue efforts and losing confidence in the stability of markets, according to ...
31 Jan, 2009, 02.29 AM IST
- US rescue averted 'financial collapse': Treasury
Rescue efforts by US govt in recent months helped avert a 'financial collapse' a Treasury report said. Gainers: BSE ( A, B ) | NSE | Losers...
02 Jan, 2009, 02.58 AM IST
- US officials say tracking bailout money is difficult
US government officials overseeing a $700 billion bailout have acknowledged difficulties tracking the money and assessing the program's eff...
01 Jan, 2009, 02.07 AM IST
- Paulson: crisis happens once or twice in 100 years
Treasury Secretary Henry Paulson called the financial crisis now plaguing the world economy a "once or twice" in a 100 years event, even as...
21 Nov, 2008, 03.42 AM IST
- Paulson, Bernanke defend $700 billion bailout
Henry Paulson and Ben Bernanke waged a stout defense of their management of a $700 bn financial bailout just one week after the administrat...
18 Nov, 2008, 09.34 PM IST
- Top salesmen for financial bailout face grilling
The two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administr...
18 Nov, 2008, 11.28 AM IST
- Paulson says troubled assets will not be purchased
US Treasury Secretary said the $700 bn rescue program will not be used as originally planned. BSE: Gainers, Losers | NSE: Gainers, Losers |...
12 Nov, 2008, 09.39 PM IST
- US officials pledge to move quickly on rescue
Treasury said it would expand size of its upcoming debt auctions to handle increased borrowing needs to fund $700 bn bailout effort.
07 Oct, 2008, 01.00 AM IST
- EU chief welcomes approval of US rescue plan
EU Commission chief Jose Manuel Barroso has welcomed US lawmakers' approval of a multi-bn-dollar rescue plan, saying they had "shown respon...
04 Oct, 2008, 12.30 PM IST