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Wednesday, October 1, 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

Jana Sangh leader VK Malhotra brought Advani to Delhi, kept the party afloat after 1984 setback

Unlike his colleagues from the time of the BJS, several of whom became governors and held other constitutional posts, Malhotra chose to lead a quiet and simple retired life after the massive 2014 victory of the BJP.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.