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Latest from treasury

India cancels sale of 26,000 crore worth of treasury bills amid tight cash

India’s central bank RBI did not accept any bids for 91 and 182-day treasury bills in an auction Thursday amid a cash squeeze in the nation’s banking system.

FILE PHOTO: Indian Rupee notes are seen in this picture illustration taken in Mumbai June 12, 2013. REUTERS/Vivek Prakash/File Photo(Reuters)
Published on Feb 20, 2025 04:57 PM IST
Bloomberg |

Elon Musk's DOGE declares $4.7 trillion in federal payments 'almost untraceable'

DOGE said it is "almost impossible" to track down nearly $4.7 trillion in federal payments because the Treasury Department did not impose a tracking code.

Billionaire Elon Musk's DOGE credited the US Treasury was acknowledged for their efforts in determining the optional field.(Reuters)
Published on Feb 18, 2025 06:04 PM IST

US judge blocks Elon Musk's team from treasury access amid legal challenges

A federal judge blocked Elon Musk's team from accessing U.S. Treasury payment systems while allowing access to health and labor agency records.

On Friday, one federal judge continued to prevent Elon Musk's government cost-cutting team from using the U.S. Treasury Department's payment systems, while another judge let the billionaire's DOGE employees to access data from consumer financial protection, labour, and health organisations.(REUTERS/Nathan Howard/)
Published on Feb 15, 2025 12:02 PM IST
Reuters |

Federal judge blocks Elon Musk's access to sensitive treasury records

A federal judge blocked Elon Musk's Department of Government Efficiency from accessing sensitive Treasury Department records, citing legal violations.

Early on Saturday, a federal court barred Elon Musk's Department of Government Efficiency from gaining access to Treasury Department documents that include millions of Americans' bank account details and sensitive personal information like Social Security.(Reuters)
Published on Feb 08, 2025 02:30 PM IST
AP |

UK treasury chief visits China to revive economic ties amid strained relations

Britain's Treasury chief Rachel Reeves is visiting China to discuss economic cooperation, reviving the China-U.K. Economic and Financial Dialogue

As the U.K.'s Labour administration looks to mend tense relations with Beijing, Britain's Treasury head is visiting China this weekend to talk about economic and financial cooperation between the two nations.(Reuters)
Published on Jan 10, 2025 06:07 PM IST
AP |
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