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US asks China to fast-track reforms, refrain from devaluation

Last Updated: Saturday, September 5, 2015, 12:53

As the world leaders expressed concern here over slowdown in China dragging down the global economic growth, the US Treasury Secretary Jacob Lew has told his Chinese counterpart to ensure that the currency is allowed to move freely as per market forces.

US tells China at G20 to avoid 'competitive devaluation'

Last Updated: Friday, September 4, 2015, 23:53

US Treasury Secretary Jacob Lew on Friday told his Chinese counterpart at a G20 meeting in Ankara to avoid competitive devaluation and improve communication of Beijing`s economic policy.

UBS pays $1.7 mn for `apparent` sanctions violations

Last Updated: Friday, August 28, 2015, 02:08

The Swiss bank UBS has agreed to pay US authorities $1.7 million to settle "apparent" violations of rules banning transactions benefiting officially designated terrorists, the Treasury Department said Thursday.

Lawsuit accuses 22 banks of manipulating US Treasury auctions

Last Updated: Friday, July 24, 2015, 09:14

Primary dealers are the banks authorized to transact directly with the Federal Reserve who are big players in Treasury bond auctions and act as market makers in the secondary market.

WDM witnesses trade worth Rs 2,842.66 crore on NSE

Last Updated: Friday, July 3, 2015, 20:51

The Wholesale Debt Market segment of the National Stock Exchange on Friday witnessed a total turnover of Rs 2,842.66 crore in 73 trades.

Govt to borrow Rs 1.96 lakh crore in Q2 of FY16

Last Updated: Monday, June 29, 2015, 21:42

Government on Monday said it will borrow Rs 1.96 lakh crore from markets in the July-September quarter of the current financial year, 2015-16.

United Bank mulling to shift treasury department to Mumbai

Last Updated: Sunday, June 21, 2015, 20:34

Kolkata-based lender United Bank of India is mulling at shifting its treasury department to the financial capital of the country in order to stay closer to the market.

Arun Jaitley to visit US; to meet Jacob Lew, foreign investors

Last Updated: Wednesday, June 10, 2015, 17:55

Finance Minister Arun Jaitley will embark on a 10-day US visit beginning June 16 during which he will meet Treasury Secretary, foreign institutional investors and industry leaders.

WDM witnesses trade worth Rs 1,920.80 crore on NSE

Last Updated: Friday, May 29, 2015, 18:49

The weighted yields on treasury bills maturing within 90 days was 7.81 percent, it was 7.78 percent for bills of 91-182 days tenure, and 7.80 percent for bills of 183-365 days' tenure.

WDM witnesses trade worth Rs 2,040.41 crore on NSE

Last Updated: Thursday, May 28, 2015, 18:40

The Wholesale Debt Market segment of the National Stock Exchange on Thursday witnessed a total turnover of Rs 2,040.41 crore in 59 trades.

ECB might ease Greek restrictions if aid deal likely: Source

Last Updated: Thursday, May 28, 2015, 09:15

The European Central Bank might ease restrictions on how much short-term Greek government debt the country`s banks can hold if becomes clear the euro zone will disburse long-awaited aid to Athens, a banking source said on Wednesday.

US stocks rally; Alibaba Up 7.5%

Last Updated: Friday, May 8, 2015, 10:13

Alibaba jumped 7.5% as sales rose 45% to $2.81 billion in the quarter ending March 31.