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  • JPMorgan CEO says Washington gridlock slowed US economy Sep 19, 2015 02:26 PM IST

    JPMorgan CEO says Washington gridlock slowed US economy

    Dimon said the economy would have grown faster without the Washington gridlock, but said he did not blame the government as it is elected by the people.

  • Onus on Pak to create environment for improving ties: FM Jun 19, 2015 02:44 PM IST

    Onus on Pak to create environment for improving ties: FM

    Addressing investors, analysts and business executives at the think-tank Council on Foreign Relations here yesterday, Finance Minister Arun Jaitley said Prime Minister Narendra Modi recently spoke to his Pakistani counterpart Nawaz Sharif.

  • US Treasury Secretary Jacob Lew to meet Arun Jaitley Jun 19, 2015 01:14 PM IST

    US Treasury Secretary Jacob Lew to meet Arun Jaitley

    In the last few years, the United States has taken a number of steps in taking actions against those hoarding money overseas, Swiss banks in particular.

  • Next 2-3 years 'very critical' for economic reforms: FM Jun 19, 2015 10:55 AM IST

    Next 2-3 years 'very critical' for economic reforms: FM

    During a discussion with president of investment firm Warburg Pincus and former US Treasury Secretary Timothy Geithner organised by the think tank Council on Foreign Relations, Jaitley said that his government has covered a "lot of distance" in the one year that it has been in power.

  • India's economic growth potential higher than 7-7.5%: FM Jun 19, 2015 09:10 AM IST

    India's economic growth potential higher than 7-7.5%: FM

    India's economy, Asia's third largest, is expected to grow 7.5 percent this year, according to the latest World Bank forecast, which would make it the world's fastest growing economy in 2015. The government has a growth forecast of 8.1-8.5 percent while the central bank has a 7.6 percent gross domestic product growth target.

  • Angry Geithner once warned S&P about US downgrade: Filing Jan 22, 2014 10:00 AM IST

    Angry Geithner once warned S&P about US downgrade: Filing

    Harold McGraw, the chairman of McGraw-Hill Financial Inc, made the statement in a declaration filed by S&P on Monday, as it defends against the government's USD 5 billion fraud lawsuit over its rating practices prior to the 2008 financial crisis.

  • Fed missed warning signs in 2007 as crisis gained steam Jan 19, 2013 12:30 PM IST

    Fed missed warning signs in 2007 as crisis gained steam

    Top policymakers at the Federal Reserve felt for most of 2007 that problems in housing and banking were isolated and unlikely to tear down the US economy as they ultimately did.

  • Geithner may have alerted banks to rate cut: Fed officials Jan 19, 2013 11:02 AM IST

    Geithner may have alerted banks to rate cut: Fed officials

    In the summer of 2007, as storm clouds gathered over the world's financial system, then-New York Federal Reserve President Timothy Geithner allegedly informed the Bank of America and other banks about the possibility the US central bank would lower one of its critical interest rates, according to a senior Fed official.

  • US could default by Feb if borrowing authority not extended Jan 15, 2013 12:33 PM IST

    US could default by Feb if borrowing authority not extended

    Warning US lawmakers that time is fast running out on the debt ceiling issue, Treasury Secretary Timothy Geithner has told the Congressional leadership that America could default by mid-February.

  • Timeline: Geithner's stormy tenure at US Treasury nears end Jan 10, 2013 08:54 AM IST

    Timeline: Geithner's stormy tenure at US Treasury nears end

    President Barack Obama will nominate White House chief of staff Jack Lew on Thursday to succeed Timothy Geithner as US Treasury secretary, according to a source familiar with the matter.

  • Geithner's planned departure puts Obama in tough spot Jan 04, 2013 08:10 AM IST

    Geithner's planned departure puts Obama in tough spot

    US Treasury Secretary Timothy Geithner's plans to leave near the end of January put the White House in a tricky spot, depriving the Obama administration of its longest-serving economic adviser for its next fiscal showdown with Congress.

  • US has reached borrowing limit of $16.4 trillion: Geithner Jan 01, 2013 11:19 AM IST

    US has reached borrowing limit of $16.4 trillion: Geithner

    The US has reached its borrowing limit of USD 16.4 trillion forcing the government to employ "extraordinary measures" to avoid default, US Treasury Secretary Timothy Geithner informed the Congress on Monday.

  • Geithner warns: US hits debt ceiling on Dec 31 Dec 27, 2012 08:56 AM IST

    Geithner warns: US hits debt ceiling on Dec 31

    Treasury Secretary Timothy Geithner on Wednesday notified Congress that the U.S. is going to hit the debt ceiling on New Year's Eve.

  • Can't promise US won't go over fiscal cliff: Geithner Dec 02, 2012 08:46 PM IST

    Can't promise US won't go over fiscal cliff: Geithner

    Treasury Secretary Timothy Geithner said that he "can't promise" that the United States won't go over so-called fiscal cliff, insisting it is up to congressional Republicans.

  • Obama's 'fiscal cliff' proposal: $1.6trn in tax increases Nov 30, 2012 09:29 AM IST

    Obama's 'fiscal cliff' proposal: $1.6trn in tax increases

    The White House is seeking USD 1.6 trillion in tax increases up front, as well as USD 50 billion in additional stimulus spending, as part of any "fiscal cliff" deal, Republican aides said Thursday as talks aimed at averting the economy-rattling cliff turned testy.

  • Geithner travels to Capitol for US 'fiscal cliff' talks Nov 29, 2012 10:32 PM IST

    Geithner travels to Capitol for US 'fiscal cliff' talks

    US Treasury Secretary Timothy Geithner, President Barack Obama's chief negotiator in talks to avert the "fiscal cliff," began a round of meetings with congressional leaders from both parties on Thursday amid signs the market-rattling uncertainty about the outcome could go down to the wire.

  • Geithner to lead US Treasury into 2013 Nov 10, 2012 10:12 AM IST

    Geithner to lead US Treasury into 2013

    US Treasury Secretary Timothy Geithner plans to stay on into early next year to help the Obama administration forge a deal with lawmakers to avert a looming fiscal crisis, the White House said on Friday.

  • India becoming more important on G20 stage: Bernanke Oct 10, 2012 02:26 PM IST

    India becoming more important on G20 stage: Bernanke

    India is becoming a more important player on the G20 stage, U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday after meeting with Reserve Bank of India Governor Duvvuri Subbarao.

  • US economy growing close to potential: Geithner Oct 09, 2012 06:36 PM IST

    US economy growing close to potential: Geithner

    "US-based companies have been able to bring back manufacturing to the US," said US treasury secretary Timothy Geithner at an interaction with members of the Confederation of Indian Industry (CII) in New Delhi on Tuesday

  • Europe needs 'years and years' to fix economy: Geithner Oct 09, 2012 06:36 PM IST

    Europe needs 'years and years' to fix economy: Geithner

    The steps Europe has taken to cure its economic ills will take years to bear fruit and it will be a long time before the continent returns as a major driver of economic growth, U.S. Treasury Secretary Timothy Geithner said on Tuesday.

  • India's reforms initiatives very promising: Geithner Oct 09, 2012 02:40 PM IST

    India's reforms initiatives very promising: Geithner

    Describing India's recent reforms initiatives as "very promising", US Treasury Secretary Timothy Geithner today said it would have positive outcomes for the country's economy.

  • Market week ahead: IIP data key as RBI decision nears Oct 05, 2012 05:12 PM IST

    Market week ahead: IIP data key as RBI decision nears

    India's August industrial output data on Friday will be key as the countdown begins ahead of the Reserve Bank of India's policy review on October 30.

  • US treasury secy to visit India in Oct Sep 13, 2012 06:37 PM IST

    US treasury secy to visit India in Oct

    US Treasury Secretary Timothy Geithner would be paying two-day visit to India early next month for the third round of high-level economic dialogue between the two nations.

  • US's Geithner to visit India, Japan in Oct for talks, G20 Sep 12, 2012 08:36 AM IST

    US's Geithner to visit India, Japan in Oct for talks, G20

    US Treasury Secretary Timothy Geithner will meet India's new finance minister in October and then travel to Japan for the group of 20 finance chiefs' meeting, the Treasury Department said on Wednesday.

  • Draghi under pressure to deliver on pledge to save euro Jul 30, 2012 04:12 PM IST

    Draghi under pressure to deliver on pledge to save euro

    European Central Bank President Mario Draghi must back up his pledge to do what it takes to protect the euro when the bank's policymakers meet on Thursday or else face deep disappointment from investors hungry for - and expecting - immediate action.

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