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$1.2 mn bash planned for Modi in New York

Narendra Modi, then an RSS karyakarta, seen above on a visit to New York in the early 1990s. When he arrives in New York in late September, he will be the prime minister of India and a very......

Will Obama and India seize the moment?

The election of Barack Hussein Obama as the President of the United States has electrified the world community and ignited hope. It is a matter of epochal significance that a black man will live as......

Six handicaps for John McCain

Any Republican presidential candidate necessarily had to start his campaign with the handicap of eight Republican years in the White House, which in themselves evoke desires for a Democratic......

IPO scam derails banks' US plans

The IPO scam has hurt ICICI Bank and the State Bank of India's US plans."The US Federal Reserve has delayed clearing ICICI Bank's application for entering the US and the SBI's application for......

Fed officials lay case for December liftoff

US Federal Reserve officials lined up behind a likely December interest rate hike with one key central banker saying the risk of waiting too long was now roughly in balance with the risk of moving......

Fed seen holding rates steady as investor confidence shakes

The Federal Reserve is expected to keep interest rates unchanged on Wednesday and may struggle to convince skeptical investors it can tighten monetary policy before the end of the year in the face......

Most influential people in the world of business

ICICI Bank CEO Chanda Kochhar and Microsoft CEO Satya Nadella have found a place in Time magazine’s ‘The 100 Most Influential People’ in the world. Image: Chanda Kochchar among......

In Bernanke's final act, Fed cuts stimulus despite market turmoil

The Federal Reserve on Wednesday decided to trim its bond purchases by another $10 billion as it stuck to a plan to wind down its extraordinary economic stimulus despite recent turmoil in emerging......

An American Hero comes knocking

In decades past, Indian-origin actors in Hollywood were relegated to narrowly-defined, cliched roles like nerdy doctors, penny-pinching store owners and the occasional terrorist. And while that......
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New agonies for Fed policy

Federal Reserve Chair Janet Yellen delivers remarks at the Federal Reserve Conference on Monetary Policy Implementation and Transmission in the... ...
New agonies, alliances as Fed debates post-liftoff plan

. Reuters/Kevin Lamarque NEW YORK Federal Reserve officials, who are expected to raise interest rates next month, are already sketching... ...
Picture set to clarify for captive reinsurance regulatory muddle

By Lawrence Hsieh, Practical Law NEW YORK, (Thomson Reuters) The regulatory environment for captive reinsurance, the technique used by life... ...
Most Fed Regional Banks Wanted Discount-Rate Hike in...

By Ben Leubsdorf WASHINGTON--Nine of the Federal Reserve's 12 regional reserve banks in October called for an increase in the central bank's... ...
Global security tensions weigh on indexes

By Abhiram Nandakumar (Reuters) - U.S. shares fell on Tuesday as investors turned to less-risky assets after Turkey shot down a Russian... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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