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US Treasury Secretary postpones India visit

Read more on:    News | Pranab Mukherjee
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According to a Treasury statement, in light of Mukherjee's candidacy for President of India and his expected resignation as Finance Minister, Geithner's trip to India for the next meeting of the US-India Economic and Financial Partnership, originally scheduled for June 27-28, has been postponed.

"Mukherjee has been an effective ally in the G-20 and a strong partner in deepening the economic relationship between the United States and India," the Department of Treasury said in a statement.

The meeting is expected to be rescheduled in the months ahead, the Treasury said.

  

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Indian couple gets USD 36.48 million in accident compensation

An Indian couple was awarded over USD 36 million by a US court in compensation for injuries sustained in a car accident with an 18-wheeler in 2010 ...

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