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India responded to findings: Volcker

Paul Volcker, who led the United Nations probe into Iraq's food-for-oil scam, on Sunday said India was among the countries that "responded" to his findings in which the Congress party and former......

Volcker: Govt may extend inquiry term

The government may extend by six months the term of Justice R S Pathak Inquiry Authority going into the Paul Volcker findings in the Iraq oil-for-food scam."We have received a letter from Justice......

Volcker to co-operate with Indian panel

Paul Volcker on Tuesday said he will co-operate with the judicial commission that will probe Union minister K Natwar Singh's and the Congress' role in Iraq's corrupt oil-for-food programme. The......

Just what is a minister without portfolio?

The Paul Volcker report time bomb exploded on Monday, with Natwar Singh losing the job of external affairs ministerUnder fire from the Opposition parties, the Manmohan Singh government has......

Natwar smarter than his party?

Foreign Minister K Natwar Singh, it is claimed, knew about the Paul Volcker investigation into the oil-for-food scam for some months and feared he might find an adverse mention in the report. But......

Obama must beware tiger he is trying to tame

At a recent White House meeting, Paul Volcker, the 81-year-old former chairman of the Fed and a part-time adviser to Barack Obama, said the president should delay revamping the US regulatory system......

Corporates refute Volcker charge

Indian companies named by the Paul Volcker committee in its report on the UN's oil-for-food programme for Iraq on Sunday denied indulging in illegal activities while being part of the......

The real reason behind Rajan's exit

The government seemed unhappy with Raghuram Rajan’s interest rate policy, says A V Rajwade.  Last weekend’s announcement by Raghuram Rajan that he will go back to his old job in......

RBI and the crisis of central banking

There are attempts to reconfigure the RBI's policy formulation processes. But it would need much more than monetary policy to revive animal spirits, notes Alok Sheel. The hyperinflationary 1970s......

Rajan on incentivising domestic savings

Ahead of the forthcoming Budget, RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country. "The income tax benefits for an......
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From two would-be Fed leaders, the central bank needs to change

By Howard Schneider and Ann Saphir PALO ALTO, Calif. (Reuters) - Unemployment is at a decade low, the American economy is growing, and inflation is... ...

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Trump and Yellen may not be an odd couple after all

WASHINGTON - At first glance, U.S. President Donald Trump and Federal Reserve chair Janet Yellen may have little in common. Yellen is an academic... ...

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Dollar under spotlight as first Trump-era G20 eyes FX stance overhaul

By Jamie McGeever LONDON (Reuters) - A draft communique prepared for next week's gathering of G20 finance chiefs has dropped the group's standard... ...

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