Shutdown

  • J&K: Separatist's call for shutdown, normal life affected 27-10-2013 12:49 PM

    Life was affected in Srinagar and in other parts of the Kashmir Valley on Sunday due to a shutdown called by many separatist groups against the landing of the Indian army in Jammu and Kashmir this day in 1947. Although government offices, educational institutions, banks, post offices and businesses remained...
  • World View: US shutdown ends, is the relief only temporary? 18-10-2013 09:34 PM

    The US Senate overwhelmingly approved a deal on Wednesday to end a political crisis that partially shut down the federal government and brought the world's biggest economy to the edge of a debt default that could have threatened financial calamity. ...
  • Normalcy returns as US Congress votes to end government shutdown 18-10-2013 02:34 PM

    After a compromise deal brought the 16 day government shutdown to an end, many government employees are returning to work. Museums, national parks and galleries have all reopened. ...
  • US shutdown ends: Obama says eager to work with everyone 17-10-2013 10:47 AM

    After a 16 day standoff, President Barack Obama on Thursday signed the legislation that ends the US government shutdown and raises the US debt ceiling. The US House of Representatives earlier on Thursday had passed the legislation to avoid a damaging default on government debt and to reopen federal agencies....
  • US shutdown ends: Obama signs bill to reopen govt, raise debt ceiling 17-10-2013 10:37 AM

    Washington: President Barack Obama on Thursday signed the legislation that ends the US government shutdown and raises the US debt ceiling, the White House said. The US House of Representatives had earlier on Thursday passed the legislation to avoid a damaging default on government debt and to reopen federal agencies....
  • US House passes bill to reopen government, increase debt limit 17-10-2013 07:59 AM

    Washington: The US House of Representatives on Thursday passed the legislation to avoid a damaging default on government debt and to reopen federal agencies. This after the US Senate overwhelmingly approved a deal on Wednesday to end a political crisis that partially shut down the federal government and brought the...
  • US shutdown ends, Senate backs debt crisis deal, House to vote next 17-10-2013 07:39 AM

    Washington: The US Senate overwhelmingly approved a deal on Wednesday to end a political crisis that partially shut down the federal government and brought the world's biggest economy to the edge of a debt default that could have threatened financial calamity. The House of Representatives quickly convened and was expected...
  • US government shutdown ends after 16 days 16-10-2013 10:09 PM

    Washington: Senate leaders announced last-minute agreement on Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown. Congress raced to pass the measure by day's end. The Dow Jones industrial average soared on the news that the threat of default was fading, flirting with...
  • Uncertainty looms large over end to US crisis 16-10-2013 09:39 AM

    Washington: The US is appearing to be headed towards a financial default, which economist warned will have cascading impact on the global economy, as the Congress failed to make a headway in impasse over raising the country's debt ceiling before the deadline of October 17. Less than 50 hours left...
  • US: House GOP leaders unveil bill to counter senate debt plan 15-10-2013 08:57 PM

    Washington: The House Grand Old Party (GOP) leaders unveiled their own plan on Tuesday to counter an emerging Senate deal to reopen the government and forestall an economy-rattling default on US obligations. Top Republicans unveiled a plan that would suspend a new tax on medical devices for two years and...
  • Barack Obama postpones debt meet with lawmakers 15-10-2013 07:13 AM

    President Barack Obama postponed a planned meeting with lawmakers to discuss the government shutdown and the debt ceiling amid signs of progress in the Senate, the White House said on Monday. The meeting, which was scheduled for 3 pm, had been delayed to "allow leaders in the Senate time to...
  • NASA feels pinch of US government shutdown 14-10-2013 01:04 PM

    The nearly two-week-long US government shutdown has had a marked effect on NASA as most of its employees were laid off and many programmes and experiments halted, a former NASA official said. George Abbey, former director of the Johnson Space Center located in Houston, told Xinhua that 97 percent of...
  • US fiscal negotiations sputter as deadline nears 13-10-2013 06:32 PM

    Congressional negotiations to end a US fiscal crisis gripping Washington and spooking financial markets hung by a thread on Saturday after bipartisan talks broke down in the House of Representatives and shifted to Senate leaders. Senate Majority Leader Harry Reid, a Democrat, held an initial session with Senate Republican leader...
  • Obama, top Republicans agree to continue talks on shutdown 12-10-2013 07:58 AM

    Washington: US President Barack Obama and the Republican party leadership have decided to continue talks to find any possible deal to re-open government and raise the debt ceiling, but there was no immediate resolution in site to end the current impasse. The White House described a telephonic conversation between Obama...
  • Obama, Republicans find 'no specific determination' on path forward 11-10-2013 07:45 AM

    Reuters: President Barack Obama and congressional Republicans found no specific way forward to break their impasse over a government shutdown and extending the US debt ceiling at a meeting on Thursday, the White House said. The session of about an hour and a half between Obama and Republican leaders of...
  • NASA vows to review ban on Chinese astronomers 11-10-2013 07:10 AM

    Washington: The US space agency has vowed to reconsider the applications of Chinese scientists who were denied access to a NASA conference on security grounds, sparking a boycott by leading American astronomers. NASA administrator Charles Bolden on Thursday said the situation was "unfortunate" and pledged to take a fresh look...
  • Obama, Congress look for way out of US fiscal stalemate 10-10-2013 12:02 PM

    Washington: With pressure rising and no clear path forward for breaking their fiscal impasse, US President Barack Obama launched a series of White House meetings with lawmakers on Wednesday to search for a way to end a government shutdown and raise the debt limit. House Democrats journeyed to the White...
  • Republicans consider short-term US debt ceiling increase 10-10-2013 09:52 AM

    US House of Representatives Republicans are considering signing on to a short-term increase in the government's borrowing authority to buy time for negotiations on broader policy measures, according to a Republican leadership aide. How long the increase might suffice - a few weeks or a few months - was unclear....
  • 75 pc less staff; clean loos, simple menu at White House 09-10-2013 06:10 PM

    Washington: Now in its second week, the partial government shutdown has taken its toll on the White House, where about 3 of 4 staffers have been furloughed, barred even from checking the BlackBerrys they usually clutch like worry beads. Of the 1,701 advisers, assistants, number-crunchers, butlers, chefs and landscapers who...
  • Rupee gains slightly, opens at 61.68 vs US dollar 08-10-2013 09:21 AM

    Mumbai: The rupee on Tuesday recovered by 11 paise to 61.68 against the dollar in early trade at the Interbank Foreign Exchange market amid a higher opening in the stocks. Sentiments turned buoyant after RBI on Monday cut the marginal standing facility (MSF) rate, at which it lends emergency funds...
  • US still in fiscal deadlock, but glimmers of hope emerge 08-10-2013 08:56 AM

    A few faint glimmers of hope surfaced on Monday in the US fiscal standoff, both in Congress and at the White House, with President Barack Obama saying he would accept a short-term increase in the nation's borrowing authority to avoid a default. Separately, a Senate aide said Republican Senator Rob...
  • Shutdown could harm America's global stature: White House 07-10-2013 09:11 PM

    Washington: As the US government shutdown enters its second week, the White House on Monday warned that the looming prospect of an unprecedented debt default by the world's largest economy was a "terrible" scenario that would harm America's democracy and global stature. Top US officials said the political deadlock on...
  • China asks US to protect its huge investments 07-10-2013 06:29 PM

    Concerned over the safety of its US bonds worth USD 1.2 trillion, Beijing, on Monday, asked Washington to take decisive steps to end the debt crisis and protect its investments. As the US government's largest creditor, China is "naturally concerned about developments in the US fiscal cliff", Chinese Vice Finance...
  • US Congress enters crucial week in budget, debt limit battles 07-10-2013 05:34 PM

    As the US government moved into the second week of a shutdown on Monday with no end in sight, a deadlocked US Congress also confronted an October 17 deadline to increase the nation's borrowing power or risk default. Republican House of Representatives Speaker John Boehner vowed not to raise the...
  • US government shutdown enters 2nd week, no end in sight 07-10-2013 03:47 PM

    The government shutdown entered its second week with ominous signs that the US was closer to the first default in the nation's history as House Republican Speaker John Boehner ruled out any measure to boost borrowing authority without concessions from President Barack Obama. Washington will be closely watching the financial...
  • Pentagon to recall most furloughed workers, easing shutdown pain 06-10-2013 07:45 PM

    The Pentagon said on Saturday it would recall the vast majority of some 350,000 civilian Defense Department employees sent home during the government shutdown, in a move that could greatly lessen the impact of the shutdown on America's armed forces. Civilian Pentagon employees comprise nearly half the 800,000 federal employees...
  • John Kerry urges US Congress to end shutdown 06-10-2013 09:22 AM

    US Secretary of State John Kerry urged the Congress to end a partial government shutdown and assured the international community that the budget impasse will be resolved shortly. Kerry on Saturday said it was regrettable that a small group in Congress - Tea Party Republicans in the House of Representatives...
  • As US shutdown drags on, House votes to pay idled workers 05-10-2013 11:00 PM

    Democrats and Republicans in the US House of Representatives agreed on Saturday to retroactively pay 800,000 furloughed federal employees once the government reopens, but there was no end in sight to the shutdown that was in its fifth day. The House of Representatives passed the bill unanimously and it is...
  • TWTW: Cyrus Broacha takes on Lalu who is jailed for 5 years 05-10-2013 10:07 PM

    This week on the show, Cyrus Broacha takes on RJD chief Lalu Prasad jailed for 5 years in fodder scam, Rahul Gandhi's ordinance 'nonsense' remark and Gandhi Jayanti celebrated across India. He also spoke about Ranbir Kapoor's 'Besharam'. ...
  • US Shutdown: End nowhere in sight, day 5 drowns in crisis 05-10-2013 05:51 PM

    Washington: The political impasse behind the US government shutdown showed no signs of abating as it entered its fifth day on Saturday with President Barack Obama asking the opposition to pass the federal budget with no strings attached and refusing to "pay a ransom" to end the crisis. Warning that...