NEW DELHI (TIP): The government on Tuesday cleared the decks for the Reserve Bank of India ( RBI) to initiate the process to issue new banking licences and widened the window for infusion of capital […]
NEW YORK (TIP): In a surprise move, Citigroup’s Indian American chief executive Vikram Pandit stepped down Tuesday, October 16, ending his tumultuous five-year reign atop the banking giant that he had nursed to recovery through […]
Hours before the Diwali Mela, there was a pre-Diwali dinner and Awards Ceremony hosted by AIA at the Pierre hotel, a first for the association. This evening was for approximately 200 people, including corporate heads […]
The Indian American community is in transition today. Never before we were so influential in academics and businesses in USA than we are today. A considerable number of Indian American professionals are making huge contribution […]
Presidential elections in the US follow a scripted narrative. As the candidates battle for the highest office, everything is fair game. In a weak economy, that means it is open season on that familiar bogey: […]
In this time of global financial crisis, when so many are suffering financial hardship, most countries have witnessed increases in their number of dollar millionaires. These ‘High Net-Worth Individuals’ (HNWI), according to a report by […]
NEW YORK (TIP): Bank of America Corp. is accelerating a broad cost-cutting plan and has set a target of shedding 16,000 jobs by year’s end-cuts that would see the company relinquish its title as U.S. […]
WASHINGTON (TIP): The U.S. health care system squanders $750 billion a year – roughly 30 cents of every medical dollar – through unneeded care, byzantine paperwork, fraud and other waste, the influential Institute of Medicine […]
LONDON (TIP): Just one decade after the European single currency was launched amid fanfare and fireworks, its future looks uncertain as the debt crisis that engulfed Greece, Ireland and Portugal threatens the entire bloc — […]
NEW DELHI (TIP): Even as the BJP stalled Parliament for the seventh consecutive day on Aug 30, the ruling UPA managed to get passed two important Bills in the Lok Sabha amid pandemonium. This was […]
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