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US House passes debt ceiling limit hike

Last Updated: Wednesday, February 12, 2014, 16:24

The US House of Representatives has narrowly approved a bill extending the federal borrowing limit without any string, which the White House described as a positive step in moving away from the political brinkmanship.

US debt ceiling looms, but battle may not be as bitter

Last Updated: Tuesday, January 28, 2014, 14:23

The world`s largest economy once more faces the threat of default unless the US Congress raises the debt ceiling, but feuding between Barack Obama and foes may not push the nation to the brink this time.

Congress need to raise debt limit by late February: Lew

Last Updated: Thursday, January 23, 2014, 16:00

Treasury Secretary Jacob Lew has warned that the US could be on path of default if the Congress did not increase the nation's borrowing limit by late February.

Obama says not to negotiate over debt ceiling

Last Updated: Saturday, December 21, 2013, 17:09

US President Barack Obama Friday said that he would not negotiate with his Republican rivals over raising the federal government's debt ceiling and the fiscal brinksmanship should not be repeated.

Asian shares struggle, euro dips ahead of ECB

Last Updated: Tuesday, November 05, 2013, 14:20

The euro continued to languish on rising expectations that the European Central Bank will cut rates further, with a few expecting the ECB to take action as early as its Thursday meeting.

Gold price today: Latest updates

Last Updated: Thursday, October 31, 2013, 12:33

Gold prices tumbled by Rs 405 to Rs 29,753 per ten grams in futures trade Thursday after moving in range of Rs 29,675-Rs 30,200.

Gold price today: Latest updates

Last Updated: Wednesday, October 30, 2013, 13:01

Gold prices extended their early gains by Rs 184 to Rs 30,330 per ten grams in futures trade Wednesday.

Gold price today: Latest updates

Last Updated: Friday, October 25, 2013, 16:23

Gold prices edged higher by Rs 32 to Rs 30,594 per ten grams in futures trade Friday.

US lawmakers step up assault over 'Obamacare' woes

Last Updated: Friday, October 25, 2013, 12:06

US lawmakers have grilled the contractors behind the troubled Obamacare website as Republicans attacked what they dubbed "one of the biggest IT disasters in government history."

Shutdown cost 120,000 US jobs: White House

Last Updated: Wednesday, October 23, 2013, 18:30

The recent government shutdown and debt default crisis hit the US economy so badly that it cost the country 120,000 jobs and wiped out 0.25 percent of economic growth for the fourth quarter, the White House said.

Gold price today: Latest updates

Last Updated: Wednesday, October 23, 2013, 16:29

Gold prices gained by Rs 59 to Rs 30,180 per ten grams in futures trade Wednesday.

Gold price today: Latest updates

Last Updated: Tuesday, October 22, 2013, 17:08

Gold prices reclaimed Rs 30,000 level by rising Rs 264 to Rs 30,020 per ten grams in futures trade Tuesday.