India's holding in US government securities rises to $59.9 bn

Last Updated: Tuesday, December 17, 2013, 18:08

India increased its exposure to American government securities to USD 59.9 billion in October, the highest in four months, notwithstanding uncertainties in the world's largest economy.

US lawmakers announce two-year budget deal

Last Updated: Wednesday, December 11, 2013, 10:52

US President Barack Obama hailed the budget deal, which if approved by the Congress, would avoid government shutdown for at least two years.

Fed tapering unease rattles world shares

Last Updated: Thursday, November 21, 2013, 17:20

Renewed talk of an early cutback in the U.S. Federal Reserve`s stimulus sent the dollar back above 100 yen on Thursday while driving government bonds yields higher and world shares lower.

Google reveals US` `snoop-data requests` tripled in last 3 yrs

Last Updated: Friday, November 15, 2013, 14:40

Google has reportedly said that the US government`s requests for user data increased three-fold in the last three years.

US auto sales extend gains despite government shutdown

Last Updated: Saturday, November 2, 2013, 10:24

The US auto industry extended its steady gains in October despite economic uncertainty caused by a government shutdown.

Fed expected to hold tight on stimulus after shutdown

Last Updated: Saturday, October 26, 2013, 12:15

Skewed data and the economic setback of the partial government shutdown face Federal Reserve policymakers as they review their economic stimulus program on Tuesday and Wednesday.

Shutdown cost 120,000 US jobs: White House

Last Updated: Wednesday, October 23, 2013, 18:30

The recent government shutdown and debt default crisis hit the US economy so badly that it cost the country 120,000 jobs and wiped out 0.25 percent of economic growth for the fourth quarter, the White House said.

Obamacare`s rocky debut obscured by shutdown

Last Updated: Saturday, October 19, 2013, 09:30

Technical problems have hobbled the website design to sign up millions of uninsured Americans for health care, but they have largely been overshadowed by a 16-day government shutdown.

India Inc expresses relief over end of US shutdown

Last Updated: Thursday, October 17, 2013, 22:09

The US Congress today passed a bipartisan bill to end a 16-day government shutdown and avert a historic debt default by the world's largest economy that could have had global repercussions.

US shutdown end boosts hopes for Antarctic reserve

Last Updated: Thursday, October 17, 2013, 16:29

A long-awaited deal to create the world`s largest marine sanctuary in Antarctica appears to have survived a last-second obstacle the US government shutdown and could be approved next week.

US government reopens for business after two week shutdown

Last Updated: Thursday, October 17, 2013, 15:16

The US government reopens for business Thursday after a two-week shutdown and a dangerous flirt with running out of cash to pay its bills and avert a calamitous, unprecedented default.

US debt deal may encourage Asia’s dollar craving

Last Updated: Thursday, October 17, 2013, 13:35

Although the region’s central banks have stitched up an array of currency swaps, they remain small, and would be next to useless if all participants became desperate for dollars at once.