U.s. Congress

WalMart paid millions of dollars in bribes in India: Report

In a major report, The Wall Street Journal said Wal-Mart's "suspected bribery" unearthed in India involves thousands of small payments to low-level local officials to help move goods through customs or obtain real-estate permits.

BRICS bank, others result of failure of IMF reform: US

Because of the veto power of the US, the reforms of the IMF decided way back in 2010 to reflect the growing importance of major emerging markets in the global economy have not taken place, Nathan Sheets, the Under Secretary of Treasury for International Affairs, said.

G20 expresses disappointment over delay in IMF quota reform

The proposed quota reforms at the International Monetary Fund (IMF), which would give greater say to the countries, including India, has been pending for quite some time.

White House cites India's support to sell Iran nuclear deal

The Iran deal was backed by at least 86 nations including six -- China, India, Japan, South Korea, Turkey and Taiwan -- that have voluntarily restricted the amount of Iranian oil that they imported, White House Press Secretary Josh Earnest said on Thursday.

India to gain from oil price fall post-Iran deal: Pradhan

India is the world's fourth largest oil consumer and also the second biggest buyer of Iranian oil after China, importing about 11 million tonnes of crude oil in 2014-15. However, Pradhan remained non-commital on whether India will increase imports from Iran after restricting it at 11 million tonnes in the past two fiscal.