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Jacob Lew

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White House chief of staff William Daley quits

White House chief of staff William Daley has resigned and will be replaced by President Barack Obama's budget chief Jacob Lew, senior administration officials have said.Obama is expected to make an......

Obama raises Pak aid to $3.2 billion for 2011

US President Barack Obama has proposed a $3.2 billion assistance for Pakistan for fiscal 2011, a substantial jump in American aid to that country. Noting that Pakistan is a key country in the war......

India, US to work together to combat terror funding

US Treasury Secretary Jack Lew shakes hands with Finance Minister Arun Jaitley before the fifth US-India Economic and Financial Partnership Dialogue in New Delhi. Photograph: Adnan Abidi/Reuters......

Beijing tears into Pentagon over South China Sea issue

Ahead of a high-level Sino-US dialogue, China on Monday accused the Pentagon of clinging to “cold war” mentality and attempting to stage a Hollywood blockbuster by deploying its modern......

Former slave to be new face of US $20 bill

Harriet Tubman will also be the first African-American to appear on US currency. In a historic move, the United States is set to put celebrated anti-slavery activist Harriet Tubman on a $20 bill in......

US praises reform measures of Modi govt but wants more

Lauding reform measures initiated by the Narendra Modi government, the US Treasury Secretary Jacob Lew on Thursday said India needs more reforms and an open investment climate to attract private......

'Indian govt's economic reforms significant and meaningful'

The new Indian government's economic reforms are "significant and meaningful" but more work needs to be done to achieve the goals of economic growth, a senior US official has said ahead of Treasury......

Defeat in Delhi will not slow down reforms, assures Jaitley

The defeat of the Bharatiya Janata Party in the Delhi Assembly elections will not slow down the pace of economic reforms, Finance Minister Arun Jaitley asserted on Thursday. In his first comments......

US sells last stake in GM, exits controversial rescue

The American auto industry is back and is strong enough to stand on its own, US President Barack Obama has said even as his administration sold off its final shares in the ailing General Motors......

Rupee woes: Chidambaram meets PM, RBI Governor

With plummeting rupee, Finance Minister P Chidambaram on Monday met Prime Minister Manmohan Singh and later held discussions with RBI Governor D Subbarao who said the central bank will look into......

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