India-born Suma Chakrabarti will succeed Germany's Thomas Mirow as the President of the European Bank for Reconstruction and Development (EBRD), which has been supporting economic transition in......
Germany's participation in a historic Euro750 billion (nearly $1 trillion) rescue package for the financially-troubled euro zone nations has been sealed with President Horst Koehler signing into......
International Monetary Fund Managing Director Rodrigo de Rato will quit the Fund in October without completing his five-year term which ends in May 2009. "I have taken this decision for personal......
Horst Koehler, managing director of International Monetary Fund, has announced his resignation after being nominated to become the German President."I am very honoured to be nominated for the......
Raghuram G Rajan, Professor of Finance at the Graduate School of Business, University of Chicago, is the first person of Indian origin chosen by the International Monetary Fund as its chief......