Us Government

  • Devyani case: India seeks possible US tax violations as stand hardens 28-12-2013 07:42 PM

    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...
  • Devyani arrest: Plot thickens, several unanswered questions 18-12-2013 09:12 PM

    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 13-12-2013 02:58 PM

    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...
  • JPMorgan Chase to pay $4.5 billion in mortgage security deal 16-11-2013 11:13 AM

    JPMorgan Chase & Co said on Friday it agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market. The bank reached the agreement with 21 institutional investors in 330 residential mortgage-backed securities trusts issued by JPMorgan...
  • 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...
  • 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...
  • 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....
  • 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...
  • 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...
  • 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...
  • 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...
  • World View: Will US shutdown affect India? 04-10-2013 09:58 PM

    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 03-10-2013 02:07 PM

    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,...
  • US: Security, safety damaged by the shutdown, says National Intelligence Director 03-10-2013 10:41 AM

    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 03-10-2013 08:47 AM

    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...
  • Obama to cut short Asia trip as US shutdown continues for 2nd day 02-10-2013 03:26 PM

    President Barack Obama on Wednesday scaled down a long-planned 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...
  • US shutdown enters 2nd day; Obama slams Republicans 02-10-2013 02:02 PM

    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...
  • US spy agencies face big layoffs in government shutdown 02-10-2013 10:30 AM

    More than 70 percent of the civilians working for US spy agencies have been deemed "non-essential" 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...
  • US: House to vote on reopening national parks 02-10-2013 08:49 AM

    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...
  • In first day of US shutdown, no sign how it will end 02-10-2013 08:03 AM

    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...
  • Political deadlock over 'Obamacare' forces shutdown in US 01-10-2013 02:44 PM

    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...
  • US government shutdown: Read full statement of Barack Obama 01-10-2013 12:36 PM

    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...
  • US: Health insurance markets open; success to be seen 01-10-2013 12:27 PM

    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 01-10-2013 12:07 PM

    Washington: About 18,000 people - including members of Congress, all their aides, presidential appointees and even the president and vice president - would lose the employer-provided health insurance under the latest Republican condition for averting a government shutdown. The Democratic-controlled Senate rejected the measure on Monday night, an hour after...
  • Dollar steady as US govt shutdown to start 01-10-2013 11:29 AM

    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 Republican-controlled House of Representatives and Democratic-led Senate late into...
  • US: Oil falls below $102 on government shutdown notice 01-10-2013 11:12 AM

    The price of oil fell on Tuesday after parts of the US government were ordered to shut down because of a budget impasse in Washington. Benchmark oil for November delivery dropped 35 cents to $101.99 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange....