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Friday, December 12, 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

IndiGo cancellations made TV news do the unexpected — question the Modi government

Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.