Tag Archives: retirement

No buyers for Powell’s ‘retirement’ story

Washington, April 1 : No one is buying the American story that the resignation of US ambassador in India, Nancy Powell, was unrelated to recent tensions between the two countries, but as yet there is no definitive word about her likely successor. A section of the Indian media has speculated that Powell may be replaced by USAID administrator Rajiv Shah, ...

Read More »

Yunus exit from Grameen Bank upheld by high court

Bangladesh Nobel laureate Mohammad Yunus has been shown the exit of Grameen Bank not on moral grounds but on archaic rules of  retirement set for banks. The High Court upheld the decision of the board of directors of Grameen Bank to retire Prof Yunus, 70 and gave the ruling in favour of the government which was adamant to oust Prof ...

Read More »