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India cancels sale of 26,000 crore worth of treasury bills amid tight cash

India’s central bank RBI did not accept any bids for 91 and 182-day treasury bills in an auction Thursday amid a cash squeeze in the nation’s banking system.

FILE PHOTO: Indian Rupee notes are seen in this picture illustration taken in Mumbai June 12, 2013. REUTERS/Vivek Prakash/File Photo(Reuters)
Published on Feb 20, 2025 04:57 PM IST
Bloomberg |

Elon Musk's DOGE declares $4.7 trillion in federal payments 'almost untraceable'

DOGE said it is "almost impossible" to track down nearly $4.7 trillion in federal payments because the Treasury Department did not impose a tracking code.

Billionaire Elon Musk's DOGE credited the US Treasury was acknowledged for their efforts in determining the optional field.(Reuters)
Published on Feb 18, 2025 06:04 PM IST

US judge blocks Elon Musk's team from treasury access amid legal challenges

A federal judge blocked Elon Musk's team from accessing U.S. Treasury payment systems while allowing access to health and labor agency records.

On Friday, one federal judge continued to prevent Elon Musk's government cost-cutting team from using the U.S. Treasury Department's payment systems, while another judge let the billionaire's DOGE employees to access data from consumer financial protection, labour, and health organisations.(REUTERS/Nathan Howard/)
Published on Feb 15, 2025 12:02 PM IST
Reuters |

Federal judge blocks Elon Musk's access to sensitive treasury records

A federal judge blocked Elon Musk's Department of Government Efficiency from accessing sensitive Treasury Department records, citing legal violations.

Early on Saturday, a federal court barred Elon Musk's Department of Government Efficiency from gaining access to Treasury Department documents that include millions of Americans' bank account details and sensitive personal information like Social Security.(Reuters)
Published on Feb 08, 2025 02:30 PM IST
AP |

UK treasury chief visits China to revive economic ties amid strained relations

Britain's Treasury chief Rachel Reeves is visiting China to discuss economic cooperation, reviving the China-U.K. Economic and Financial Dialogue

As the U.K.'s Labour administration looks to mend tense relations with Beijing, Britain's Treasury head is visiting China this weekend to talk about economic and financial cooperation between the two nations.(Reuters)
Published on Jan 10, 2025 06:07 PM IST
AP |

Donald Trump picks Ken Kies for key tax policy job at treasury

Trump announces senior Treasury team with Ken Kies as tax policy assistant and Samantha Schwab as deputy chief of staff.

Members of President-elect Donald Trump's Treasury Department senior leadership team have been revealed. They will collaborate with his secretary nominee, Scott Bessent.(AFP file photo)
Published on Jan 03, 2025 09:49 AM IST
Bloomberg |

SC raps ED over delay in C’garh liquor probe

Jagannath temple's Ratna Bhandar, containing valuable jewels, to be opened on July 14, first time in 46 years, pending government approval.

The Supreme Court of India (PTI)
Updated on Jul 10, 2024 05:58 AM IST
ByDebabrata Mohanty, Bhubaneswar

Odisha reconstitutes Jagannath temple treasury audit supervisory panel

In February, the previous Biju Janata Dal (BJD) government formed a 12-member committee on a high court order for the preparation of the inventory of the valuables in the Ratna Bhandar

The Jagannath temple in Puri. (PTI)
Published on Jul 05, 2024 10:18 AM IST
ByDebabrata Mohanty

Mahayuti leaders Ajit Pawar, Chandrakant Patil, Mangesh Chavan get clean chit in poll code violation complaint

The returning officer found no evidence of MCC violation by Ajit Pawar, Chandrakant Patil, and Mangesh Chavan. Election officials disposed of the complaints.

Kavita Dwivedi, returning officer of Baramati, said they launched a probe after receiving the complaints in Ajit Pawar and Chandrakant Patil’s case and found there was no violation of code of conduct. (HT PHOTO)
Updated on Apr 27, 2024 05:28 AM IST

Himachal assembly adjourned for a day amid drama

Speaker Kuldeep Singh Pathania first adjourned the House briefly due to a lack of quorum and then for the rest of the day amid the pandemonium

Leader of Opposition Jai Ram Thakur and BJP legislators staged a walkout from the assembly in Shimla on Tuesday, (Deepak sansta/HT)
Updated on Feb 28, 2024 08:50 AM IST
By, Shimla

CM Mann says Centre deliberately not releasing funds for Punjab

Chief minister Bhagwant Mann slammed the BJP-led Union government for not releasing the Punjab’s share of the rural development fund (RDF) thus affecting development of rural areas in the state

Chief minister Bhagwant Mann slammed the BJP-led Union government for not releasing the Punjab’s share of the rural development fund (RDF) thus affecting development of rural areas in the state.
Updated on Dec 03, 2023 07:44 AM IST

Modi focuses on tribals, Congress on vote bank politics: Shah in Madhya Pradesh

Prime Minister Narendra Modi’s government focuses on the welfare of tribals, Dalits, the poor and the backward classes unlike the Congress, which indulges in “minority appeasement”, Union home minister Amit Shah said.

Union home Minister Amit Shah addresses the 'Jan Ashirwad Yatra' in Madhya Pradesh on Tuesday. (ANI)
Updated on Sep 06, 2023 12:26 AM IST
By, Bhopal

Distantly Close | The monsoon session's no-trust motion debate failed to enrich

Parliament’s memory is replete with acidic darts, persuasive counsel and unbridled critique of the government. Expunctions once served the purpose of a shield

NDA members oppose the Motion of No-Confidence in the Lok Sabha during the Monsoon session of Parliament.(PTI)
Published on Aug 14, 2023 05:15 PM IST
By Vinod Sharma

US treasury aims to add $350 billion cash by month end amid default

The new cash balance target is about $125 billion short of the $550 billion balance it had projected for the end of June on May 1.

The US Treasury Department in Washington, DC. (AFP)
Published on Jun 08, 2023 01:06 AM IST
Reuters |

CAG report 2021-22: Anomalies found in functioning of Chandigarh forest and wildlife department

During checking of records, it was observed that the department had built a bird park in Chandigarh at a cost of ₹5 crore during 2021-22, which was opened for the public in November 2022.

The draft report of the director general of audit (central), Chandigarh, has pointed out several discrepancies and irregularities in the functioning of the department of forest and wildlife in the year 2021-22. (HT File)
Updated on Apr 29, 2023 04:14 AM IST
By, Chandigarh

Iran court issues $312.9 million judgement against US over 2017 IS attack

The assault saw gunmen attack Ayatollah Ruhollah Khomeini’s mausoleum and the country's parliament, starting an hourslong siege.

Iran's Supreme Leader Ayatollah Ali Khamenei. (via REUTERS)
Published on Apr 26, 2023 03:39 PM IST
AP | | Posted by Yagya Sharma

When college staff double up as house helps and waiters

Teachers have petitioned before HC since 2010 for the government to implement the pay commission. However, soon after the HC ruling, it declared that the treasury was low on funds, and the matter was put on the back-burner.

Participating in the strike is an Ahmednagar based professor of Marathi, Dyaneshwar Khilaree, who waits tables at an eatery in his city to earn <span class='webrupee'>₹</span>8000. He has been a college professor for more than two decades. He slips into his eight-hour evening shift after working in the college for five hours, which gives him <span class='webrupee'>₹</span>5000 each month. “The extra money helps my family survive,” said Khilaree. (HT PHOTO)
Updated on Apr 05, 2023 12:33 AM IST
ByNiraj Pandit
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