Indian confirmed for prestigious Treasury job

Neel Kashkari, who was nominated by President George W Bush to the post of Assistant Secretary of Treasury for International Affairs, has been confirmed by the Senate and has begun work in his new......

Bush greets Indians on the occasion of Diwali

President George W Bush has greeted the people of India on the occasion of Diwali, stating that it is an opportunity to celebrate the bonds of friendship between India and the United States. "I......

White House celebrates Diwali

The Indian-American community celebrated Diwali at the White House in the presence of senior US and Indian officials. "Diwali celebrations at the White House, this year, has special significance as......

N-deal will be completed very soon: Burns

At a White House Diwali function, Undersecretary of State for Political Affairs Nicholas Burns said he believes in the India-United States civil nuclear agreement and hopes to see it completed very......

Ratan Tata appointed board member of Boao Forum

Ratan Tata was on Friday inducted as a member of the Board of Boao Forum for Asia, a rare distinction for an Indian in the Chinese government-backed influential body. "This is the first time a......

For J P Morgan, ending criminal probe proves impossible for now

J P Morgan Chase & Co CEO Jamie Dimon has pleaded with and complained to the U.S. Justice Department but cannot convince the government to end its criminal probe of his bank because prosecutors are......

Is another market crisis possible?

When former US Treasury secretary Henry Paulson told a packed audience of bankers at a New York hotel early this week that many factors leading to the 2008 financial crisis still exist, it sent a......

Special : The anniversary markets dread

It was around this time last year when two dozen of the world's most powerful bankers huddled up during a weekend. Brought together by the US Treasury Secretary Henry Paulson and Federal Reserve......