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"Secretary Yellen told bank CEOs more mergers may be necesarry"

The comments from Yellen provided further evidence that Biden officials are starting to warm up to the idea of bank...

      
      US may default on debt as soon as June 1, Yellen reaffirms

US may default on debt as soon as June 1, Yellen reaffirms

"With additional information now available, I am writing to note that we still estimate that Treasury will likely...


      
      US may run short of cash by June 1; Biden calls meeting

US may run short of cash by June 1; Biden calls meeting

Yellen in a letter to members of Congressional leadership regarding debt limit, said that the US will be unable...


      
      'Build consensus on definition of global development challenges'

'Build consensus on definition of global development challenges'

Union Finance Minister Nirmala Sitharaman on Wednesday participated in the roundtable on 'Multilateral...


      
      Sitharaman participates in roundtable with Yellen

Sitharaman participates in roundtable with Yellen

The discussion was focused on the impact of global development challenges like climate change, pandemics, fragility...

      
      Sitharaman, Yellen discuss strengthening India-US economic ties

Sitharaman, Yellen discuss strengthening India-US economic ties

Finance Minister Nirmala Sitharaman on Tuesday met with US Treasury Secretary Janet Yellen on the sidelines of the...

      
      First Republic secures USD 30-bn lifeline from largest US banks

First Republic secures USD 30-bn lifeline from largest US banks

The USD 30-billion infusion will give the struggling San Francisco lender much-needed cash to meet customer...

      
      US bails out SVB depositors, says will get all their money back

US bails out SVB depositors, says will get all their money back

"Depositors will have access to all of their money starting Monday, March 13. No losses associated with the...

      
      US Treasury Secretary Yellen rules out bailout for bankrupt SVB

US Treasury Secretary Yellen rules out bailout for bankrupt SVB

"And the reforms that have been put in place mean that we're not going to do that again. But we are concerned...


      
      Sri Lankan President welcomes financial assurances from creditors

Sri Lankan President welcomes financial assurances from creditors

Wickremesinghe stated that he and Sri Lanka's Central Bank Governor signed the agreement and sent it to IMF. He...

      
      Sitharaman discusses debt restructuring with heads of WB, IMF

Sitharaman discusses debt restructuring with heads of WB, IMF

Sitharaman co-chaired debt roundtable jointly with IMF MD Kristalina Georgieva and World Bank chief David Malpass....

"China, Russia had reservations on Bali Leaders' Declaration"

During the press conference held jointly by the finance ministry and the Reserve Bank of India on the G20...

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