The US expects India to play a greater role along with China and other major economies in tackling the current financial crisis and supports bigger responsibilities for it in the international financial institutions, Treasury Secretary Timothy Geithner has said.
Taking a cue from his hero Abaraham Lincoln, US President Barack Obama should discharge his economic commanders -- Treasury head Timothy Geithner, Fed chairman Ben Bernanke and SEC chief Mary Schapiro -- for not being up to the task, media moghul Steve Forbes has said.
United States Ambassador-designate to India Timothy J Roemer on Friday met Foreign Secretary Shivshankar Menon in New Delhi, hours before United States Secretary of State Hillary Clinton embarks on a five-day visit to India. Roemer, who met Menon at his South Block office, arrived in New Delhi on Thursday night after his confirmation by the full Senate last week for the post. On his nearly hour-long meeting, Roemer refused to make any comment and only said, "Namaste."
Inaugurating a confirmation hearing for Timothy Roemer, who has been nominated as new US Ambassador to India, Democrat Senator John Kerry said, 'There are many areas where we can make real progress. First, we have to help India to break with the perilous politics of South Asia's past. India needs no lectures: virtually no nation has suffered more from terrorism than India.'
The US President is extremely interested in this, as the secretary of state is," Roemer told US lawmakers at confirmation hearing when senator Richard Lugar citing a recent World Bank report informed him that there are 828 million Indians living on less than $2 a day.
Vikram Pandit-led Citigroup has came under fire from the US President Barack Obama and his administration for purchasing a $50 million jet plane.
An Indian American, with roots in Mumbai, has been appointed to the key post of Treasurer of the American state of Virginia.
US Treasury Secretary Timothy Geithner has said he would not rule out the option of forcing out chief executives of banks which have received taxpayers' money but are not performing well.
Twin objectives of promoting recovery in the global economy and to put in place a set of reforms in the international financial system to help prevent future crises of this type taking place are crucial for G20, said a top US Treasury official. G20 is a group of 20 leading and emerging economies of the world representing more than 85 per cent of the global economy.
Even as US President Barack Obama urged his countrymen to buy American cars, the United States Treasury Secretary on Monday insisted that the country is not in favour of protectionism and has a great interest in a growing open world economy.
Describing India as a "significant strategic partner", a top US naval official said on Friday the dialogue between the two countries in the field of strategic and military relationship is "much healthier, more robust and more vigorous" than what was during the 80s.
India is poised to become a major market for mining equipment, even larger than China, according to US-based Bucyrus International, a world leader in manufacturing equipment for the surface and underground mining industry.
After averaging at 8.8 per cent growth over the past four years, India's growth rate in 2009-10 is expected to slow down to 5.5 per cent mainly due to lower investment and declining external demand, the US Treasury Secretary Timothy Geithner has said.
Diaz double puts City in quarters, De Bruyne injured
Bailout dollars have different effects on the fortunes of the richest people in the world.
Even though his theory is now firmly accepted in theoretical physics, there was no way to verify if black holes are mortal, according to Timothy Ferris, author of The Science of Liberty.
The steps taken by the G-20 have helped the recovery of the global economy, said US Treasury Secretary Timothy Geithner.
The 15-minute conversation, which took place on Friday, was broadcast on National Aeronautics and Space Agency Television, following the conclusion of a station status media briefing from NASA's Johnson Space Center in Houston.
Last year, the institute sent a three-person team from its textile engineering, school of business administration, and science and health department to study the market potential and feasibility.
Five years after the catastrophic collapse of the Wall Street, the American economy is growing and the businesses are creating jobs, Obama said yesterday while nominating Timothy Massad to run the Commodity Futures Trading Commission.
Kaine said: "as we begin the healing process, I feel that my place is here with our citizens, and I deeply regret that I am unable to travel to India for this trade mission."
VfB Stuttgart continued their unbeaten run under new coach Thomas Schneider on Friday, climbing to sixth with a 1-1 home draw against Nuremberg who are still looking for their first Bundesliga win of the season.
Hembrom along with the main accused Ravinder Kumar Pal alias Dara Singh, was found guilty of burning to death Staines and his minor sons, Philip and Timothy, outside a church at Manoharpur village in Keonjhar district of Orissa on January 22, 1999.
Eintracht Frankfurt changed their team shirt to display "#blacklivesmatter" on the front for their German Cup semi-final at Bayern Munich on Wednesday to take a stand against racism, the club said. Athletes across the world have joined in support of protests triggered by the death of unarmed black man George Floyd in US police custody last month.
Virginia Governor Timothy M Kaine has expressed his elation over a clean energy collaboration with India involving Virginia Tech.
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The main accused Dara Singh has already challenged his conviction and sentence, while the CBI has filed an appeal against the acquittal of 12 other accused.
Gold has traditionally been the standard by which the value of anything is assessed
The two players registered contrasting semi-final victories at the PSA Otters Open Squash tournament.
The new Die Hard is a typical Hollywood popcorn movie, and works only because of Bruce Willis.
If you want to get to the root of the problem with an unsatisfied employee, try asking these questions
Amid the mental fight was Nick Kyrgios's usual array of the stupendous and stupid - under-arm serves, a record-breaking 145mph second serve, deft slices and, in the final tiebreak, shocking errors.
New Zealand under-19 beat their Indian counterparts by 73 runs in the second Test.
'Let's go back to work,' Acosta told reporters after the US District court reinstated his White House press credentials.
Chasing 306 for victory, the Indians were 222 for 9 in the second innings in their four-day match against the New Zealand under-19.
Soccer highlights from across the globe.
Manchester City's quadruple bid remained intact as Ilkay Gundogan and Kevin de Bruyne secured a 2-0 win at Everton in their FA Cup quarter-final clash