It is expected that FBI chief Wray will hold talks with senior Indian security officials.
Neel Kashkari, who was the Senior Advisor to US Treasury Secretary Henry M Paulson, was nominated by President Bush to the post of Assistant Secretary of Treasury for International Affairs and has been confirmed by the US Senate.
The Lok Sabha was adjourned twice in the post-lunch period on Thursday as a war of words broke out between the treasury and opposition benches, triggered by Congress MP Charanjit Singh Channi's spat with the Bharatiya Janata Party's Ravneet Singh Bittu.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
A group of influential Senators has asked the US Treasury Secretary Timothy Geithner to list China as a currency manipulator in his April 15 bi-annual exchange rate report to the Congress.
Notwithstanding the row over a blind Chinese dissident, China and the US have struck 67 agreements during their crucial economic dialogue covering a wide range of issues relating to trade and investment.
Vikram Pandit-led Citigroup has came under fire from the US President Barack Obama and his administration for purchasing a $50 million jet plane.
Chinese President Hu Jintao on Friday hailed the "positive results" of the latest round of Security and Economic Dialogue between China and the United States which was held under the shadow of a dissident seeking refuge in the American embassy in Beijing.Hu lauded the talks and appreciated the "excellent work" of the teams from the two countries when US Secretary of State Hillary Clinton and Treasury Secretary Timothey Geithner called on him.
The annual high-level strategic and economic dialogue between the United States and China began in Beijing on Thursday with Chinese President Hu Jintao calling for a "new type of relationship" between the two countries to break the traditional belief that big powers only have conflicts.
There are no easy answers to this crisis. But governments should consider whether they ought to become the insurer of last resort.
Union Finance Minister Pranab Mukherjee arrived in Washington, DC on Monday to participate in the India-US economic partnership dialogue, during which he is expected to meet US Secretary of State Hillary Clinton.
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.
By June end, Treasury Secretary Timothy Geithner is scheduled to land in India for economic and business talks with his Indian counterpart.
The US has decided to give top priority to its ties with India, which is reflected in an unprecedented series of high-level exchange of visits between the two countries this month aimed at taking forward their cooperation in areas like defence, trade and education.
The short-term recommendations include improvements to regulatory coordination and oversight that regulators can make quickly. The blueprint recommends creating a new federal commission for mortgage origination to protect consumers better. The report also recommends modernizing the President's Working Group on Financial Markets and clarifying the Federal Reserve's liquidity provisioning.
'Beijing is watching Obama's visit closely. While Chinese leaders have faced opposition from Japan and Vietnam, they view India's rise with caution.'
Three days after he was shot while delivering a speech in the western Japanese city of Nara, Abe Shinzo, Japan's longest serving prime minister, began his final journey in Tokyo.
It was a faux pas by Treasury Benches members when they voted against a clause in the Food Security Bill in the Lok Sabha on Monday night, thinking it was a division on an amendment moved by the Leader of the Opposition Sushma Swaraj.
Pranab said he had clarified this issue in no uncertain terms with US Treasury Secretary who had brought up this issue during bilateral talks.
Finance Minister Nirmala Sitharaman on Tuesday highlighted "significant reforms" undertaken by the government including National Monetisation Pipeline (NMP) and National Infrastructure Pipeline (NIP) as she met institutional investors in Boston. Sitharaman arrived in the US on Monday for a week-long trip to attend the annual meet of the World Bank and IMF in Washingon as well as G20 Finance Ministers and Central Bank Governors (FMCBG) meeting. During the official visit to the US, Sitharaman is expected to meet US Treasury Secretary Janet Yellen.
Geithner and Bernanke are scheduled to visit Mumbai tomorrow.
US companies are rebuilding their capital stock as well as the workforce and hiring people back to work.
Contrary to popular notions, US laws protect the truly rich and powerful Rajat Gupta, however, was an outsider.
In a cabinet that was already being touted as the most diverse in British history, Priti Patel became the first Indian-origin home secretary with Pakistani-origin Sajid Javid moving from the UK Home Office to become the new chancellor.
Geithner and Bernanke held talks with India's major multinational corporations.
Breakfast meeting between Timothy Geithner, US treasury secretary, leading industralists due Wednesday.
US President Barack Obama on Thursday called up his new Chinese counterpart Xi Jinping to congratulate him on taking up his new position and discuss future of bilateral ties between the two countries.
United States President Barack Obama appointed Denis R McDonough, one of his top foreign policy advisors and longtime trusted aide as his next Chief of Staff.
The Congress has appointed observers to coordinate meetings of its legislature party in four states where assembly election results will be declared on Sunday.
The meeting, on the sidelines of the Annual Spring session of the International Monetary Fund and World Bank, will happen within a couple days of about a dozen US industry associations writing to the US Treasury Secretary to take up the controversial move by India to amend the Income Tax Act with retrospective effect.
The weather in Washington is balmy, but Finance Minister Pranab Mukherjee, in the US to attend a meeting of the International Monetary Fund and the World Bank, would feel a distinct chill as he readies to meet corporate America.
Complimenting India on maintaining market linked exchange rate, US Treasury Secretary Timothy Geithner on Monday asked other key economies to move toward flexible exchange rate regime.
Observing that India and the US are at the threshold of unlocking the great potential of their bilateral economic relationship, Treasury Secretary Timothy Geithner on Monday urged New Delhi to accelerate next generation reform to spur the growth of the Indian economy.
Not that his odds are particularly strong at 66/1 -but they're the same as Bill Clinton's! For what it's worth former Brazilian President Lula Da Silva has slightly stronger odds at 20/1.
The US, in coordination with allies and partners, continued to forcefully respond to Russia's "unjustified, unprovoked and premeditated" invasion of Ukraine by imposing sanctions on Putin and Lavrov.
As the United States combats a slowdown and Europe confronts a period of slower growth, economies on the Pacific Rim will need to do more to stimulate demand at home, US Treasury Secretary Timothy Geithner said on Thursday.
The US, he said, is working in the G-20 to help build consensus on long-term reforms that will provide the foundation for a more balanced, more stable global economy.
The visiting US treasury secretary Timothy F Geithner today said Washington will closely work with New Delhi to promote a more balanced and greater economic cooperation between the two nations.
The launch of the US-India Economic and Financial Partnership on Tuesday is significant because the two countries have traditionally been wary of opening up their markets and services to each other.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances