Montek speaks of lost Aadhaar card, gets one in 1 hr

A casual mention of a lost Aadhaar card in public saw government machinery go on an overdrive and its holder got a duplicate card in less than an hour.

Fed chief Bernanke wins 2nd term in closest vote

Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term on Thursday, but only by the closest vote ever for the crucial post.

White House confident Bernanke to be confirmed

US President Barack Obama is confident Federal Reserve Chairman Ben Bernanke will be confirmed by the Senate for a second term, senior White House adviser David Axelrod said on Sunday.

US Senate panel clears Bernanke for 2nd term at Fed

A Senate panel on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke to run the nation`s central bank for another four years.

Bernanke admits mistakes, urges Fed independence

Federal Reserve chairman Ben Bernanke has admitted "mistakes" leading up to the economic crisis but argued the central bank`s independence should not be limited in financial system reforms.

Bernanke warns against `unsustainable` trade imbalances

The United States and Asia
should work to avoid "unsustainable" imbalances in trade and
capital flows that can destabilize the global financial system, Federal Reserve chairman Ben Bernanke said on Monday.

Bernanke sees tighter policies as economy heals

The US Federal Reserve must continue measures to prop up the economy for an extended period but can`t do so indefinitely for fear of triggering an inflationary surge, Federal Reserve Chairman Ben Bernanke warned on Thursday.

US recession over, but economy still weak: Bernanke

Federal Reserve chairman Ben Bernanke said Tuesday the US recession "is very likely over" technically but that the economy remains weak.

Federal Reserve made $14 bn profit on loan programmes: Report

The US Federal Reserve has made a whopping USD 14 billion profit on loan programmes made in the last two years, says a media report.

Obama retains Bernanke as Fed chief

Lauding him for shepherding the US past global crisis, Obama decided to keep Bernanke for another term.

Bernanke defends Fed`s actions

Federal Reserve Chairman Ben Bernanke travelled to the US heartland to defend the central bank`s actions and reaffirm his assessment of an improving, but still vulnerable, US economy.

Bernanke says Fed can take on supercop role

Federal Reserve Chairman Ben Bernanke on Tuesday fended off congressional skepticism about expanding the Fed`s duties to police big financial companies.

Fed able to foil inflation when time comes: Bernanke

Federal Reserve Chairman Ben Bernanke said the huge amounts of money the US central bank has pumped into the economy will not undercut its ability to push borrowing costs higher when the time is ripe.