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 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 government employees ordered back to work on Thursday

Last Updated: Thursday, October 17, 2013, 11:35

The White House moved quickly early on Thursday to get the U.S. government back up and running after a 16-day shutdown, directing hundreds of thousands of workers to return to work.

Obama signs bill ending US shutdown, raising debt ceiling

Last Updated: Thursday, October 17, 2013, 10:13

In all likelihood the government shutdown is now expected to end today when over five lakh furloughed federal employees are expected to return to their service.

US Congress ends debt impasse, Obama vows to sign bill

Last Updated: Thursday, October 17, 2013, 08:55

Obama vowed to sign the bill and begin reopening the government "immediately."

Obama, Republicans in 'useful' talks but shutdown still on

Last Updated: Friday, October 11, 2013, 19:07

Both sides described the 90-minute meeting at the White House as useful and agreed to keep talking but no decision was made to resolve the 10-day deadlock over the federal budget.

Obama, Republicans in `useful` talks but shutdown still on

Last Updated: Friday, October 11, 2013, 18:59

Seeking to end US government shutdown, Barack Obama reached out to rivals but no deal emerged though Republicans offered to increase nation`s debt ceiling by 6 weeks to avert an unprecedented default.

G20 hopes grow for US deal to avert default

Last Updated: Friday, October 11, 2013, 11:34

Top finance officials from the G20 leading economies looked set to keep their focus on the receding risk of a US default at talks on Friday as hopes grew that Washington could soon clinch a stop-gap deal to ensure it can keep paying its bills.

Government shutdown to hit US courts next week

Last Updated: Friday, October 11, 2013, 10:45

US federal courts will have to close their doors at the end of next week if no deal is reached to end the government shutdown.

Obama, Republicans fail to agree on debt ceiling

Last Updated: Friday, October 11, 2013, 09:34

Republicans in the meeting offered to extend the government`s borrowing authority for several weeks.

Republicans shift focus away from Obamacare toward fiscal issues

Last Updated: Thursday, October 10, 2013, 22:16

In a shift some Republicans hope will strengthen their hand in the fight over the US debt limit, some of the party's leaders in the House of Representatives are playing down demands to weaken "Obamacare" and focusing instead on calls to rein in deficits.

Shutdown enters 2nd week as US scrambles to avert debt crisis

Last Updated: Tuesday, October 8, 2013, 18:46

With the US government shutdown entering its second week on Tuesday, Democrats said they will try to convince Republicans to agree to a long-term USD 1 trillion debt-limit increase to avert the ominous prospect of an unprecedented debt default.