After months of delays because of tangled vetting procedures, the Obama administration on Tuesday named a former executive with the Bill and Melinda Gates Foundation to run its main foreign aid arm, the U.S. Agency for International Development. The official, Rajiv J Shah, a medical doctor and health economist now at the Agriculture Department, would [...]

After months of tardy response, applications for US H-1B visas for highly skilled workers coveted by Indian professionals have reached the Congress-mandated cap of 65,000, thanks to a sudden spurt in the last couple of months. The US Citizenship and Immigration Services (USCIS) on Wednesday announced that it has received a sufficient number of applications [...]

NEW DELHI (Reuters) – India has signed two loan agreements totalling $850 million with the Asian Development Bank (ADB), the finance ministry said in a statement on Tuesday. The ADB will provide a $700-million loan, in three tranches in as many years, to state-run India Infrastructure Finance Company Ltd. to fund the country’s infrastructure programme. [...]

Copenhagen: Hours after high drama at the Climate Change Summit here, President Barack Obama said the US and several other countries, including India, have reached a legally non-binding “meaningful” deal to combat the threat of global warming. Obama said three components – transparency, mitigation and finance – form the basis of the common approach that [...]