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SECRETARY LAWRENCE SUMMERS
Nirmal Narvekar, Harvard’s $57 billion Indian-American money manager, bows outNirmal Narvekar, the Indian-American financier behind Harvard University's massive endowment, is set to retire in 2027. His tenure saw a si...- From Treasury Secretary to Harvard exit: Who is Lawrence Summers and why he resignedLarry Summers will step down from Harvard University at the end of the academic year following renewed scrutiny over his connections to Jef...
- Harvard’s former president condemns Trump's 'tyrannical' order to block international students enrolmentsLawrence Summers has strongly criticized the Trump administration's decision to prevent Harvard from admitting international students, deem...
- US Fed has already made a blunder, claims noted American economistAmerican economist and Harvard University Professor Lawrence H. Summers criticizes that the 50- basis point cut was a mistake, whereas a pa...
- Larry Summers says CPI raises chances that Fed’s next move is to hikeThe former treasury secretary cautioned against a potential Fed rate hike following the US consumer price inflation report. Summers emphasi...
- Recession probabilities rising, Fed nearing the end: SummersSummers discounted Friday's March jobs report, which he said reflected the strength of the economy early in the first quarter but is now le...
- Donald Trump regime can set off a global financial crisis, warns Larry SummersTrump’s plans to reduce corporate taxation, Summers said, would “hugely increase inequality” and could also help strengthen the dollar, fur...
- Man who mulled demonetisation for US and Europe, says it is not for IndiaLawrence Summers said that same argument he’s advocated for abolishing large denominations in the US and Europe can’t be made for poorer In...
- Fed has enough reasons to hike rates: Lawrence Summers, former US treasury secretary"We have seen strong growth in US jobs and the Fed feels the evidence is fairly clear that we are going to get back to 2% inflation."
- Expect US rate hikes to be gradual; India continues to be a bright spot: Lawrence Summers, Former US Treasury Secy"Some people are saying there will be one hike every two meetings. I do not know if that would be the case, but I would expect gradualism."
- Zoomcar plans expansion to 10 cities in coming yearMoran and senior company officials were here to announce the company's foray in Chennai after launching the service in Bengaluru and Pune.
- A jobless future awaits, no matter what the government doesRobots are already replacing workers. Industrial robots have advanced to the point at which they can do the same physical work as human bei...
- Lead futures rise on spot demandAt the Multi Commodity Exchange, lead for delivery in September traded 45 paise, or 0.35%, higher at Rs 129.45 per kg, with a turnover of 4...
- Copper futures surge 0.22% on global cuesAt the Multi Commodity Exchange, copper for delivery in November was up Re one or 0.22%, to Rs 458.25 per kg in business turnover of 1,258 ...
- Davos: Renminbi unlikely to replace dollar, says Former US Treasury Secy Lawrence SummersChinese currency renminbi is unlikely to supplant the US dollar as the world's reserve currency in the near term, former US Treasury Secret...
- World Bank president should not be restricted to Americans: SM KrishnaS M Krishna today said its next president should be selected on the basis of merit and the choice shouldn't be restricted to US nationals.
- Auto task force begins review of GM, Chrysler's plansThe Auto task Force, set up by the US President Barack Obama on Friday, started reviewing the restructuring proposals by the two American a...
- List of members of Obama's future cabinetHere is a list of those tapped so far to be members of president-elect Barack Obama's cabinet and administration when he is inaugurated on ...
- Obama nominates Geithner for treasuryPresident-elect Barack Obama on Monday unveiled his economic team, with Timothy Geithner as Secretary of the Treasury and Lawrence Summers ...
- Lawrence Summers to become Obama's top economic adviserLawrence Summers, who Sunday was confirmed as president-elect Barack Obama's pick as his chief economic advisor, has already led the Treasu...
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