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Monday, August 11, 2025
TopicUS Treasury

Topic: US Treasury

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

BJP vs BJP battle in Constitution Club is a glimpse of widening fault lines—Mumbai to Lucknow

Tuesday’s Constitution Club election is not the finale of the ‘Thakur-versus-the rest’ battle in the BJP. Wait for the caste census result to come ahead of the next Lok Sabha election.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

Legacy of Air Chief Marshal LM Katre, the man who flew Spitfires & ushered IAF into a modern era

ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.