Convicted Ponzi schemer granted clemency by Trump charged with new Ponzi scheme

[ad_1] Former US President and 2024 Republican Presidential hopeful Donald Trump gestures about weight lifting as he speaks at a Republican volunteer recruitment event at Fervent, a Calvary Chapel, in Las Vegas, Nevada, July 8, 2023.  Mario Tama | Getty Images WASHINGTON — A New Jersey man who had his prison sentence for running a … Read more

Indian Railways Spent Over Rs 1 Lakh Crore In 5 Years To Improve Safety: Report

[ad_1] The railways has spent more than Rs 1 lakh crore on safety measures between 2017-2018 and 2021-22 with a steady growth in expenditure on track renewal, according to an official document. Government sources also indicated that the railways will soon reply to a Comptroller and Auditor General of India’s report that was cited by … Read more

Biden signs debt ceiling bill into law, averting default – SUCH TV

[ad_1] US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of wrangling, moving to avert a catastrophic, self-induced default in the world’s biggest economy. The Fiscal Responsibility Act of 2023 authorises the government to extend the so-called debt ceiling to renew borrowing, keeping the bills paid. … Read more

Senate prepares to vote on debt ceiling bill within hours

[ad_1] Senate Majority Leader Charles Schumer, D-N.Y., conducts a news conference after the senate luncheons in the U.S. Capitol on Tuesday, May 2, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images WASHINGTON — The Senate began debate on a series of proposed amendments to a House-approved bill to raise the debt ceiling and … Read more

White House and Republicans reach a tentative deal to avoid U.S. default

[ad_1] WASHINGTON — House Republicans reached a tentative deal with the White House on Saturday night to raise the nation’s borrowing limit and avoid a catastrophic default on U.S. sovereign debt. “We have come to an agreement in principle,” House Speaker Kevin McCarthy said Saturday in the Capitol. “We still have a lot of work … Read more

Debt ceiling talks hit a snag over spending levels with eight days until default deadline

[ad_1] WASHINGTON — House Speaker Kevin McCarthy said negotiations with the White House over raising the U.S. debt limit Wednesday were still hung up over a disagreement on future spending, indicating that the two sides were far apart with only eight days before the government could face an unprecedented default. A tangible government spending cut … Read more

Rbi: September 30 deadline to exchange or deposit Rs 2,000 notes: RBI – Times of India

[ad_1] NEW DELHI: The Reserve Bank of India’s assertion that Rs 2,000 currency notes will remain legal tender even after September is meant to ensure that there is no panic among the public and leaves the door open for extending the deadline for exchanging or depositing the high-value notes.The current deadline of September 30 is … Read more

US Could Default as Soon as June 1, Says Treasury Secretary Yellen

[ad_1] Last Updated: May 02, 2023, 04:00 IST In January, Yellen sent a letter to congressional leaders, stating that her department had begun resorting to “extraordinary measures” to avoid a federal government default. (Image: Janet Yellen/Twitter) On Monday, the Congressional Budget Office reported that it saw a greater risk of the U.S. running out of … Read more

Dollar Gains on Rising US Yields, British Inflation Lifts Pound

[ad_1] The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10 percent in March and put more pressure on the Bank of England to keep raising rates. The dollar index, which tracks the currency against a basket of its peers, was up … Read more

Kerala’s First Vande Bharat Express: Congress-Led UDF Urges Railway Minister To Extend Train Till Mangalore

[ad_1] The Congress-led UDF opposition in Kerala on Sunday urged the Union Railway Ministry to extend the route of the proposed Vande Bharat Express in the state upto Mangalore station in Karnataka so that people of Kerala’s northernmost district of Kasaragod can also benefit from it. In a letter to Union Railway Minister Ashwini Vaishnaw, … Read more