Us Government

  • Modi government offers renewed sense of optimism: US corporate sector June 14, 2014

    Washington: The Narendra Modiled government's functioning in its first week has offered a renewed sense of optimism even as no major policy decision or economic reforms have been announced, according to the US corporate sector. "There is a renewed sense of optimism in the air and we share that sentiment," said...
  • Devyani case: India seeks possible US tax violations as stand hardens December 28, 2013

    India has sought details about staff in American schools in the country for possible tax violations and revoked ID cards of US consular officials and their families, retaliatory steps for the arrest of an Indian diplomat in New York on criminal charges. The measures suggest that the two countries are no...
  • Devyani arrest: Plot thickens, several unanswered questions December 18, 2013

    New Delhi: The things are becoming more complicated. The plot thickens. India has now accused the American government of helping Devyani Khobragade's maid Sangeeta Richards and family members to immigrate to the US. According to the Ministry of External Affairs (MEA) sources, Sangeeta Richard's family reached America by an Air...
  • Visa fraud: Indian Embassy asks US govt to resolve matter sensitively December 13, 2013

    New Delhi: The Deputy Consul General at the Indian consulate in New York, Devyani Khobragade, has been arrested reportedly on visa fraud charges. She has been released from custody on a $ 25,000 bond. She pleaded not guilty in federal court here to charges of visa fraud. This came after she...
  • JPMorgan Chase to pay $4.5 billion in mortgage security deal November 16, 2013

    JPMorgan Chase & Co said on Friday it agreed to pay $4.5 billion to settle claims by investors who lost money on mortgagebacked securities before the collapse of the US housing market. The bank reached the agreement with 21 institutional investors in 330 residential mortgagebacked securities trusts issued by JPMorgan and...
  • US government shutdown ends after 16 days October 16, 2013

    Washington: Senate leaders announced lastminute agreement on Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16day 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 a...
  • Uncertainty looms large over end to US crisis October 16, 2013

    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 before...
  • Barack Obama postpones debt meet with lawmakers October 15, 2013

    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 continue...
  • NASA feels pinch of US government shutdown October 14, 2013

    The nearly twoweeklong 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 the...
  • Republicans consider shortterm US debt ceiling increase October 10, 2013

    US House of Representatives Republicans are considering signing on to a shortterm 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. But...
  • US still in fiscal deadlock, but glimmers of hope emerge October 8, 2013

    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 shortterm increase in the nation's borrowing authority to avoid a default. Separately, a Senate aide said Republican Senator Rob Portman,...
  • Shutdown could harm America's global stature: White House October 7, 2013

    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 the...
  • US Congress enters crucial week in budget, debt limit battles October 7, 2013

    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...
  • US government shutdown enters 2nd week, no end in sight October 7, 2013

    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 markets...
  • John Kerry urges US Congress to end shutdown October 6, 2013

    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 ...
  • US Shutdown: End nowhere in sight, day 5 drowns in crisis October 5, 2013

    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 an...
  • World View: Will US shutdown affect India? October 4, 2013

    US President Barack Obama and Congressional Republicans came no closer to ending a standoff on Tuesday that has forced the first government shutdown in 17 years and thrown hundreds of thousands of federal employees out of work. ...
  • Websites, Twitter feeds suspended after US government shutdown October 3, 2013

    New Delhi: Following a partial US government shutdown on October 1, a bunch of US government websites and Twitter feeds have been suspended including that of NASA and USGS. The White House web page is also not being updated due to the federal government shutdown. The USGS website clearly states, "Due...
  • US: Security, safety damaged by the shutdown, says National Intelligence Director October 3, 2013

    The budget impasse in Washington shut all but essential US government services for the third straight day on Thursday, while neither political party appeared willing to budge. ...
  • US: No breakthrough in budget deadlock, shutdown continues for 3rd day October 3, 2013

    President Barack Obama met with Republican and Democratic leaders in Congress on Wednesday to try to break a budget deadlock that has shut wide swaths of the federal government, but there was no breakthrough and both sides blamed each other. After more than an hour of talks, House of Representatives Speaker...
  • Obama to cut short Asia trip as US shutdown continues for 2nd day October 2, 2013

    President Barack Obama on Wednesday scaled down a longplanned trip to Asia, as a US government shutdown entered a second day with no end in sight to the funding row in Congress that triggered it. Obama is expected to leave on Saturday for summit meetings in Indonesia and Brunei. Malaysian media...
  • US shutdown enters 2nd day; Obama slams Republicans October 2, 2013

    With both Democrats and Republicans sticking to their stands on a new budget pushing the shutdown into the second day on Wednesday, President Barack Obama has blamed a "reckless" opposition for the latest financial crisis that has forced up to one million workers off the job. The two parties failed to...
  • US spy agencies face big layoffs in government shutdown October 2, 2013

    More than 70 percent of the civilians working for US spy agencies have been deemed "nonessential" employees and face temporary layoffs due to the government shutdown that began on Tuesday, three officials familiar with the matter said. The agencies affected are the Central Intelligence Agency, the Office of Director of National...
  • US: House to vote on reopening national parks October 2, 2013

    House and Senate Democrats say they'll reject a bid by Republicans to reopen portions of the government, including national parks and processing of claims at the Department of Veterans Affairs. They say the entire government should be reopened, not just the parts that Republicans like. Top Senate Democrat Harry Reid said Republicans...
  • In first day of US shutdown, no sign how it will end October 2, 2013

    President Barack Obama and congressional Republicans came no closer to ending a standoff on Tuesday that has forced the first government shutdown in 17 years and thrown hundreds of thousands of federal employees out of work. As police cordoned off landmarks like the Lincoln Memorial and government agencies stopped cancer treatments...
  • Political deadlock over 'Obamacare' forces shutdown in US October 1, 2013

    The US government on Tuesday shutdown for the first time in nearly 18 years as the Republican and the Democrats failed to strike a deal on spending and budget mainly due to their differences over 'Obamacare', the flagship healthcare programme of President Barack Obama. With neither side blinking, despite last...
  • US government shutdown: Read full statement of Barack Obama October 1, 2013

    Washington: For the first time in nearly two decades, the federal government staggered into a partial shutdown on Monday at midnight after congressional Republicans stubbornly demanded changes in the nation's health care law as the price for essential federal funding and President Barack Obama and Democrats adamantly refused. Read the full...
  • US: Health insurance markets open; success to be seen October 1, 2013

    Millions of Americans will be able to shop for the first time on Tuesday on the insurance marketplaces that are at the heart of President Barack Obama's health care reforms, entering a world that is supposed to simplify the mysteries of health coverage but could end up making it even...
  • US: GOP demands lawmakers pay more for health care October 1, 2013

    Washington: About 18,000 people including members of Congress, all their aides, presidential appointees and even the president and vice president would lose the employerprovided health insurance under the latest Republican condition for averting a government shutdown. The Democraticcontrolled Senate rejected the measure on Monday night, an hour after...
  • Dollar steady as US govt shutdown to start October 1, 2013

    The dollar held steady on Tuesday even though much of the US government was due to start shutting down after Congress failed to find a compromise on a bill to fund government operations. Competing spending measures flew back and forth between Republicancontrolled House of Representatives and Democraticled Senate late into Monday...