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Monday, October 27, 2025
TopicUS Treasury

Topic: US Treasury

US Treasury Secy Scott Bessent hints at reaching TikTok deal with China after Madrid talks

Speaking to the media at the conclusion of two days of talks, Bessent said, 'The framework is for a switch to a U.S.-controlled ownership,' without providing further details.

Rupee expected to open marginally higher following dip in US Treasury yields

Non-deliverable forwards indicate rupee will open at around 83.24 to the US dollar, compared to the close of 83.28 in the previous session.

US Treasury Secretary Janet Yellen to attend G20 Summit

In her fourth visit to India in 10 months, the secretary plans to focus on climate, economy, and Ukraine with other G20 allies of America.

US senators rebuke Treasury’s failure to act more swiftly to counter climate risks

In a letter, Democratic Senators Elizabeth Warren, Sheldon Whitehouse and Edward Markey criticized John Morton’s work and urged Secretary Janet Yellen to appoint a new counselor.

US Treasury targeted by Russian hackers but no major disruption took place, says official

The Treasury has attributed the attacks to Killnet, the Russian hacker group that claimed responsibility for disrupting the websites of several US states and airports in October.

US blocked $63 mn in funds of global terrorist groups including LeT, JeM in 2019 — report

The report, released by the US Treasury Department Thursday, stated that $342,000 in funds of Lashkar-e-Taiba and $ 1,725 of Jaish-e Mohammed were blocked.

RBI’s dollar mopping spree could slow down as US puts India on currency watchlist

The US treasury has placed India under the currency manipulator watchlist. It says India intervened in the FX market in a sustained, asymmetric manner.

US plans to borrow record $2.9 trillion to tide over pandemic

According to The Wall Street Journal, the sum is more than five times the previous quarterly record, set at the height of the 2008 financial crisis.

The chances of India being named a currency manipulator are slim

It is highly unlikely that India will be called a manipulator as it has persistently been running current account deficits since 2005.

On Camera

After losing no.2 carmaker spot, Hyundai is betting big on the new Venue

Indian car buyers are just as tech-obsessed as their Chinese counterparts, and that obsession has taken precedence over handling and performance.

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.