Tag: Scott Bessent

Reforms led to 108 multimodal cargo terminals: Ashwini Vaishnaw

Economy
The government's move to simplify the process of setting up multimodal cargo terminals has helped 108 such facilities come up over the last three years, said Ashwini Vaishnaw, Union minister for railways, information broadcasting and...

Rupee slips on oil spike, falls 30 paise to 86.34 against US dollar, traders cite geopolitical crisis & weak equities

Business
The rupee weakened by 30 paise to close at 86.34 against the US dollar on Tuesday, pressured by a sharp rise in global crude oil prices and growing geopolitical uncertainty in the Middle...

US Treasury Department: US treasury halts enforcement of corporate transparency act and BOI reporting, Donald Trump says ‘exciting news’

Business
File photo: US President Donald Trump (Picture credit: ANI) The US treasury department announced Sunday that it will no longer enforce the...

US Bond ‘Death Spiral’ Risk Brushed Aside by Foreign Funds

Market
(Bloomberg) -- Whether you’re speaking with Europe’s largest money manager, Australia’s giant pension funds, or a cash-rich insurer in...

Stocks, Bonds Rise as Traders Cheer Treasury Pick: Markets Wrap

Market
(Bloomberg) -- Equities and Treasuries advanced, with traders embracing Donald Trump’s pick of Scott Bessent for Treasury Secretary as...

US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts

Market
(Bloomberg) — Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors...

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